NAICS Code 423450-21 - Orthopedic Appliances (Wholesale)

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NAICS Code 423450-21 Description (8-Digit)

Orthopedic Appliances (Wholesale) is a subdivision of the Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers industry. This industry involves the wholesale distribution of orthopedic appliances, which are devices designed to support or correct musculoskeletal deformities or injuries. Orthopedic appliances can range from simple braces and supports to more complex prosthetic limbs and spinal implants. Companies in this industry typically purchase these products from manufacturers and then distribute them to hospitals, clinics, and other healthcare providers.

Hierarchy Navigation for NAICS Code 423450-21

Tools

Tools commonly used in the Orthopedic Appliances (Wholesale) industry for day-to-day tasks and operations.

  • Orthopedic casting tape
  • Bone saws
  • Surgical drills
  • Bone plates and screws
  • Orthopedic hammers and chisels
  • Traction devices
  • Orthopedic scissors and forceps
  • Bone grafting instruments
  • Joint replacement instruments
  • Orthopedic power tools

Industry Examples of Orthopedic Appliances (Wholesale)

Common products and services typical of NAICS Code 423450-21, illustrating the main business activities and contributions to the market.

  • Knee braces
  • Back braces
  • Ankle supports
  • Prosthetic limbs
  • Spinal implants
  • Hip replacement devices
  • Orthopedic shoes
  • Wrist supports
  • Elbow supports
  • Shoulder braces

Certifications, Compliance and Licenses for NAICS Code 423450-21 - Orthopedic Appliances (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • American Board for Certification In Orthotics, Prosthetics & Pedorthics (ABC): ABC is a national certifying and accrediting body for the orthotic, prosthetic, and pedorthic professions. They offer certification programs for orthotists, prosthetists, pedorthists, orthotic fitters, and mastectomy fitters.
  • Board Of Certification/accreditation (BOC): BOC is a non-profit organization that provides certification and accreditation services for healthcare professionals and suppliers. They offer certification programs for orthotists, prosthetists, pedorthists, orthotic fitters, and mastectomy fitters.
  • National Commission on Orthotic and Prosthetic Education (NCOPE): NCOPE is an organization that accredits and approves educational programs in orthotics and prosthetics. They also offer certification programs for orthotists and prosthetists.
  • Food and Drug Administration (FDA) Medical Device Registration: Orthopedic appliances are considered medical devices and must be registered with the FDA. The registration process ensures that the device is safe and effective for its intended use.
  • Occupational Safety and Health Administration (OSHA) Hazard Communication Standard: OSHA requires that employers provide information and training to employees about hazardous chemicals in the workplace. This standard applies to orthopedic appliances that contain hazardous chemicals.
  • Centers for Medicare & Medicaid Services (CMS) Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Supplier Standards: CMS sets standards for suppliers of DMEPOS, including orthopedic appliances. These standards ensure that suppliers meet certain quality and safety requirements.
  • American National Standards Institute (ANSI) Accreditation: ANSI is a non-profit organization that accredits organizations that certify products, services, and personnel. They offer accreditation for organizations that certify orthotists and prosthetists.
  • International Organization for Standardization (ISO) Certification: ISO is an independent, non-governmental international organization that develops and publishes standards for various industries. They offer certification for quality management systems, which can be applicable to the orthopedic appliance industry.
  • Joint Commission Accreditation: The Joint Commission is a non-profit organization that accredits and certifies healthcare organizations and programs. They offer accreditation for orthotic and prosthetic programs, which can be applicable to the orthopedic appliance industry.
  • National Association Of Boards Of Pharmacy (NABP) Accreditation: NABP is a non-profit organization that accredits pharmacies and pharmacy-related businesses. They offer accreditation for specialty pharmacies, which can be applicable to the orthopedic appliance industry.
  • Accreditation Commission for Health Care (ACHC) Accreditation: ACHC is a non-profit organization that accredits healthcare organizations and programs. They offer accreditation for DMEPOS suppliers, which can be applicable to the orthopedic appliance industry.
  • Commission on Accreditation Of Rehabilitation Facilities (CARF) Accreditation: CARF is a non-profit organization that accredits rehabilitation programs and services. They offer accreditation for orthotic and prosthetic programs, which can be applicable to the orthopedic appliance industry.
  • American Orthotic and Prosthetic Association (AOPA) Accreditation: AOPA is a non-profit organization that represents orthotic and prosthetic professionals. They offer accreditation for orthotic and prosthetic practices, which can be applicable to the orthopedic appliance industry.
  • National Orthotic and Prosthetic Alliance (NOPA) Accreditation: NOPA is a non-profit organization that represents orthotic and prosthetic professionals. They offer accreditation for orthotic and prosthetic practices, which can be applicable to the orthopedic appliance industry.
  • American Academy Of Orthotists and Prosthetists (AAOP) Membership: AAOP is a professional organization for orthotists and prosthetists. Membership can provide access to educational resources, networking opportunities, and industry updates.
  • National Association for the Advancement Of Orthotics and Prosthetics (NAAOP) Membership: NAAOP is a non-profit organization that advocates for the orthotic and prosthetic profession. Membership can provide access to advocacy efforts, educational resources, and industry updates.
  • Orthotic and Prosthetic Education and Research Foundation (OPERF) Grants: OPERF is a non-profit organization that provides grants for research and education in the orthotic and prosthetic profession. Grants can be applicable to the orthopedic appliance industry.
  • American Board Of Certification In Orthotics, Prosthetics & Pedorthics (ABC) Accreditation: ABC offers accreditation for orthotic and prosthetic practices. Accreditation can provide recognition of quality and expertise in the orthopedic appliance industry.
  • Board Of Certification/accreditation (BOC) Accreditation: BOC offers accreditation for orthotic and prosthetic practices. Accreditation can provide recognition of quality and expertise in the orthopedic appliance industry.

History

A concise historical narrative of NAICS Code 423450-21 covering global milestones and recent developments within the United States.

  • The Orthopedic Appliances (Wholesale) industry has a long history dating back to ancient times when orthopedic devices were made from natural materials such as leather, wood, and metal. The first modern orthopedic appliance was the Thomas Splint, invented during World War I by British surgeon Hugh Owen Thomas. The splint was used to treat fractures and was made of metal and leather. In the 20th century, the industry saw significant advancements in materials and technology, including the development of synthetic materials such as plastics and composites. In the United States, the industry has seen a surge in demand due to the aging population and the rise in sports-related injuries. Notable advancements in the industry include the development of 3D printing technology, which has allowed for the creation of custom-fit orthopedic devices, and the use of robotics in orthopedic surgery.

Future Outlook for Orthopedic Appliances (Wholesale)

The anticipated future trajectory of the NAICS 423450-21 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Orthopedic Appliances (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for orthopedic appliances, such as braces, supports, and prosthetics, as the population ages. Additionally, technological advancements in the industry, such as 3D printing and the use of robotics, are expected to improve the quality and efficiency of orthopedic appliances. The industry is also expected to benefit from the increasing prevalence of chronic diseases, such as arthritis and osteoporosis, which require orthopedic appliances for treatment. However, the industry may face challenges due to the high cost of orthopedic appliances and the increasing competition from online retailers.

Industry Innovations for NAICS Code 423450-21

Recent groundbreaking advancements and milestones in the Orthopedic Appliances (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Orthopedic Braces: These braces use sensors and artificial intelligence to monitor the wearer's movements and provide real-time feedback to improve posture and prevent injury.
  • 3D-Printed Prosthetics: 3D printing technology has revolutionized the prosthetics industry, allowing for faster and more affordable production of custom prosthetics.
  • Wearable Exoskeletons: These devices provide support and assistance to people with mobility impairments, allowing them to walk and perform other activities that would otherwise be difficult or impossible.
  • Custom Orthotics: Advances in scanning and 3D printing technology have made it possible to create custom orthotics that are more comfortable and effective than traditional off-the-shelf options.
  • Regenerative Medicine: Researchers are exploring the use of stem cells and other regenerative therapies to repair damaged bones and joints, potentially reducing the need for orthopedic appliances in the future.

NAICS Code 423450-21 - Orthopedic Appliances (Wholesale)

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