NAICS Code 423450-32 - Surgical Supplies (Wholesale)

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NAICS Code 423450-32 Description (8-Digit)

Surgical Supplies (Wholesale) is a subdivision of the Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers industry. This industry involves the wholesale distribution of surgical supplies to hospitals, clinics, and other medical facilities. Surgical supplies are essential tools and equipment used by medical professionals during surgical procedures. The industry plays a crucial role in the healthcare sector by ensuring that medical professionals have access to high-quality surgical supplies to perform their duties effectively.

Hierarchy Navigation for NAICS Code 423450-32

Tools

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

  • Surgical instruments (e.g. scalpels, forceps, scissors, retractors)
  • Sutures and needles
  • Surgical gloves
  • Gowns and drapes
  • Sterilization equipment
  • Anesthesia equipment
  • Endoscopes
  • Electrosurgical equipment
  • Surgical staplers
  • Bone cement
  • Hemostats
  • Surgical mesh
  • Surgical lights
  • Tourniquets
  • Surgical masks
  • Surgical sponges
  • Surgical suction devices
  • Wound dressings
  • Surgical adhesives

Industry Examples of Surgical Supplies (Wholesale)

Common products and services typical of NAICS Code 423450-32, illustrating the main business activities and contributions to the market.

  • Surgical gloves
  • Sutures and needles
  • Surgical masks
  • Sterilization equipment
  • Surgical instruments
  • Surgical gowns
  • Wound dressings
  • Surgical mesh
  • Hemostats
  • Surgical staplers

Certifications, Compliance and Licenses for NAICS Code 423450-32 - Surgical 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. The certification is provided by the International Organization for Standardization (ISO).
  • FDA Registration: Surgical supplies wholesalers must register with the US Food and Drug Administration (FDA) to ensure that their products meet regulatory requirements. The registration process involves submitting information about the company and its products to the FDA.
  • Good Distribution Practice (GDP): This certification ensures that the company has a quality management system in place for the distribution of medical products. It covers areas such as storage, transportation, and handling of products. The certification is provided by the World Health Organization (WHO).
  • National Association Of Boards Of Pharmacy (NABP) Accreditation: This accreditation is specific to pharmaceutical wholesalers and ensures that the company meets certain standards for the safe and secure distribution of pharmaceutical products. The accreditation is provided by the NABP.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification ensures that the company has a safe and healthy work environment for its employees. It covers areas such as hazard communication, personal protective equipment, and emergency action plans. The certification is provided by OSHA.

History

A concise historical narrative of NAICS Code 423450-32 covering global milestones and recent developments within the United States.

  • The "Surgical Supplies (Wholesale)" industry has a long history dating back to the early 19th century when the first surgical instruments were developed. The industry has since grown to include a wide range of products such as surgical gloves, gowns, drapes, and masks. Notable advancements in the industry include the development of disposable surgical supplies in the 1960s, which greatly reduced the risk of infection during surgeries. In recent years, the industry has seen a surge in demand due to the COVID-19 pandemic, which has led to an increased need for personal protective equipment (PPE) such as surgical masks and gloves. In the United States, the "Surgical Supplies (Wholesale)" industry has a more recent history, with the first surgical supply company established in the late 1800s. The industry grew rapidly in the 20th century, with the development of new surgical techniques and the increasing demand for surgical supplies. In the 1980s, the industry saw a shift towards disposable surgical supplies, which led to increased efficiency and reduced costs. In recent years, the industry has faced challenges due to the consolidation of hospitals and healthcare providers, which has led to increased competition and pricing pressures. Despite these challenges, the industry is expected to continue to grow due to the increasing demand for surgical supplies and PPE.

Future Outlook for Surgical Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423450-32 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The surgical supplies (wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for surgical procedures and the rising number of hospitals and clinics. The industry is also expected to benefit from the growing aging population, which requires more medical attention. The COVID-19 pandemic has also increased the demand for surgical supplies, which is expected to continue in the near future. However, the industry may face challenges due to the increasing competition and the rising prices of raw materials. The industry players are expected to focus on innovation and technological advancements to stay competitive in the market.

Industry Innovations for NAICS Code 423450-32

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

  • Smart Surgical Instruments: These instruments are equipped with sensors and software that provide real-time feedback to surgeons during procedures, improving accuracy and reducing the risk of complications.
  • 3D Printing: This technology is being used to create customized surgical instruments and implants, reducing the need for standard-sized instruments and improving patient outcomes.
  • Robotic Surgery: Robotic systems are being used to perform minimally invasive surgeries, reducing the risk of complications and improving patient recovery times.
  • Single-Use Surgical Instruments: These instruments are designed to be used only once, reducing the risk of infection and improving patient safety.
  • Wireless Surgical Cameras: These cameras provide high-quality images during surgeries without the need for wires or cables, improving the surgeon's visibility and reducing the risk of complications.

NAICS Code 423450-32 - Surgical Supplies (Wholesale)

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