NAICS Code 423450-28 - Physicians & Surgeons Equipment & Supplies (Wholesale)

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NAICS Code 423450-28 Description (8-Digit)

The Physicians & Surgeons Equipment & Supplies (Wholesale) industry involves the distribution of medical equipment and supplies to healthcare professionals such as physicians and surgeons. This industry is responsible for providing a wide range of medical equipment and supplies that are essential for the diagnosis, treatment, and prevention of various medical conditions. The industry plays a crucial role in the healthcare sector by ensuring that healthcare professionals have access to the latest medical equipment and supplies to provide the best possible care to their patients.

Hierarchy Navigation for NAICS Code 423450-28

Tools

Tools commonly used in the Physicians & Surgeons Equipment & Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Surgical instruments
  • Medical diagnostic equipment
  • Medical imaging equipment
  • Medical lasers
  • Medical monitors
  • Medical pumps
  • Medical ventilators
  • Medical ultrasound machines
  • Medical endoscopes
  • Medical catheters
  • Medical sutures
  • Medical needles
  • Medical syringes
  • Medical gloves
  • Medical masks
  • Medical gowns
  • Medical drapes
  • Medical disinfectants
  • Medical sterilizers

Industry Examples of Physicians & Surgeons Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423450-28, illustrating the main business activities and contributions to the market.

  • Medical diagnostic equipment suppliers
  • Medical imaging equipment suppliers
  • Surgical instrument suppliers
  • Medical monitor suppliers
  • Medical pump suppliers
  • Medical ventilator suppliers
  • Medical ultrasound machine suppliers
  • Medical endoscope suppliers
  • Medical catheter suppliers
  • Medical suture suppliers
  • Medical needle suppliers
  • Medical syringe suppliers
  • Medical glove suppliers
  • Medical mask suppliers
  • Medical gown suppliers
  • Medical drape suppliers
  • Medical disinfectant suppliers
  • Medical sterilizer suppliers

Certifications, Compliance and Licenses for NAICS Code 423450-28 - Physicians & Surgeons Equipment & Supplies (Wholesale)

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

  • ISO 13485: This certification is specific to medical device manufacturers and suppliers and ensures that the company has a quality management system in place that meets regulatory requirements. ISO 13485 certification is provided by various certification bodies such as BSI Group, TÜV SÜD, and SGS.
  • Good Distribution Practice (GDP): This certification ensures that the wholesale distributor maintains proper storage, transportation, and distribution practices for medical devices and supplies. GDP certification is provided by various certification bodies such as NSF International, SGS, and Bureau Veritas.
  • Medical Device Single Audit Program (MDSAP): This certification is a program that allows medical device manufacturers to undergo a single audit that satisfies the regulatory requirements of multiple countries, including the US. MDSAP certification is provided by various auditing organizations such as BSI Group, TÜV SÜD, and SGS.
  • National Association Of Boards Of Pharmacy (NABP) Verified-Accredited Wholesale Distributors (VAWD): This certification is specific to pharmaceutical wholesale distributors and ensures that the company meets state and federal licensing requirements, as well as industry best practices. VAWD certification is provided by the NABP.
  • Occupational Safety and Health Administration (OSHA) Hazard Communication Standard (HCS): This certification ensures that the wholesale distributor has a program in place to communicate the hazards of chemicals used in the workplace to employees. OSHA HCS certification is provided by OSHA.

History

A concise historical narrative of NAICS Code 423450-28 covering global milestones and recent developments within the United States.

  • The Physicians & Surgeons Equipment & Supplies (Wholesale) industry has a long history dating back to the early 20th century when the first surgical instruments were developed. The industry has since grown to include a wide range of medical equipment and supplies, including diagnostic tools, surgical instruments, and hospital furniture. Notable advancements in the industry include the development of minimally invasive surgical techniques, the introduction of electronic medical records, and the increasing use of telemedicine. In recent history, the industry has seen significant growth due to an aging population and increased demand for healthcare services. The COVID-19 pandemic has also had a significant impact on the industry, with increased demand for personal protective equipment and other medical supplies.

Future Outlook for Physicians & Surgeons Equipment & Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423450-28 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 Physicians & Surgeons Equipment & Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for medical equipment and supplies, especially with the aging population. The COVID-19 pandemic has also increased the demand for medical equipment and supplies, which is expected to continue in the future. The industry is also expected to benefit from the increasing adoption of technology in the healthcare sector, which will drive demand for new and innovative medical equipment and supplies. However, the industry may face challenges such as increasing competition and regulatory changes, which may affect its growth in the future.

Industry Innovations for NAICS Code 423450-28

Recent groundbreaking advancements and milestones in the Physicians & Surgeons Equipment & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Telemedicine: The COVID-19 pandemic has accelerated the adoption of telemedicine, which has become an essential tool for healthcare providers to deliver care remotely.
  • Wearable Medical Devices: The increasing adoption of wearable medical devices such as smartwatches and fitness trackers is driving demand for new and innovative devices that can monitor and track health data.
  • Artificial Intelligence: The use of artificial intelligence in healthcare is increasing, and it is expected to drive demand for new and innovative medical equipment and supplies that can leverage this technology.
  • 3D Printing: The use of 3D printing in healthcare is increasing, and it is expected to drive demand for new and innovative medical equipment and supplies that can be produced using this technology.
  • Robotics: The use of robotics in healthcare is increasing, and it is expected to drive demand for new and innovative medical equipment and supplies that can leverage this technology.

NAICS Code 423450-28 - Physicians & Surgeons Equipment & Supplies (Wholesale)

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