NAICS Code 423450-37 - Medical Imaging Equipment & Systems (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423450-37 Description (8-Digit)

Medical Imaging Equipment & Systems (Wholesale) is a subdivision of the NAICS Code 423450 that involves the distribution of medical imaging equipment and systems to various healthcare facilities. This industry is responsible for providing hospitals, clinics, and other healthcare providers with the necessary equipment to diagnose and treat patients. Medical Imaging Equipment & Systems (Wholesale) includes a wide range of products, from X-ray machines to MRI scanners, and is an essential part of the healthcare industry.

Hierarchy Navigation for NAICS Code 423450-37

Tools

Tools commonly used in the Medical Imaging Equipment & Systems (Wholesale) industry for day-to-day tasks and operations.

  • X-ray machines
  • MRI scanners
  • CT scanners
  • Ultrasound machines
  • PET scanners
  • Nuclear medicine cameras
  • Mammography machines
  • Fluoroscopy machines
  • PACS (Picture Archiving and Communication System)
  • Radiography equipment
  • Digital imaging systems
  • Image analysis software
  • Contrast agents
  • Radiopharmaceuticals
  • Radiation shielding materials
  • Medical grade monitors
  • Medical printers
  • Medical grade keyboards and mice

Industry Examples of Medical Imaging Equipment & Systems (Wholesale)

Common products and services typical of NAICS Code 423450-37, illustrating the main business activities and contributions to the market.

  • X-ray machines for hospitals
  • MRI scanners for clinics
  • Ultrasound machines for obstetrics and gynecology practices
  • PET scanners for cancer treatment centers
  • Nuclear medicine cameras for diagnostic imaging centers
  • Mammography machines for breast cancer screening facilities
  • Fluoroscopy machines for interventional radiology procedures
  • PACS for medical imaging storage and retrieval
  • Radiography equipment for orthopedic practices
  • Digital imaging systems for dental offices
  • Image analysis software for research institutions
  • Contrast agents for diagnostic imaging procedures
  • Radiopharmaceuticals for nuclear medicine imaging
  • Radiation shielding materials for radiation therapy facilities
  • Medical grade monitors for medical imaging displays
  • Medical printers for printing medical images
  • Medical grade keyboards and mice for infection control in healthcare settings

Certifications, Compliance and Licenses for NAICS Code 423450-37 - Medical Imaging Equipment & Systems (Wholesale)

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

  • FDA Medical Device Establishment Registration: This certification is required for companies that manufacture, prepare, propagate, compound, or process medical devices intended for commercial distribution in the US. The FDA is responsible for ensuring that medical devices are safe and effective for their intended use.
  • ISO 13485: This certification is an international standard that specifies requirements for a quality management system for medical devices. It is designed to ensure that medical devices are safe and effective and meet regulatory requirements.
  • HIPAA Compliance: The Health Insurance Portability and Accountability Act (HIPAA) sets the standard for protecting sensitive patient data. Any company that deals with protected health information (PHI) must ensure that all the required physical, network, and process security measures are in place and followed.
  • Medical Device Reporting (MDR): This regulation requires manufacturers, importers, and device user facilities to report certain device-related adverse events and product problems to the FDA.
  • Good Manufacturing Practices (GMP): These are a set of guidelines that outline the requirements for the manufacturing of safe and effective medical devices. Compliance with GMP ensures that the products are consistently produced and controlled according to quality standards.

History

A concise historical narrative of NAICS Code 423450-37 covering global milestones and recent developments within the United States.

  • The Medical Imaging Equipment & Systems (Wholesale) industry has a long history of technological advancements and innovations. The first X-ray machine was invented in 1895 by Wilhelm Conrad Roentgen, which revolutionized the medical industry. In the 1970s, the first computed tomography (CT) scanner was developed, which allowed for more detailed and accurate images of the body. In the 1980s, magnetic resonance imaging (MRI) was introduced, which provided even more detailed images without the use of radiation. In recent years, the industry has seen advancements in 3D imaging, artificial intelligence, and machine learning, which have improved the accuracy and efficiency of medical imaging. In the United States, the Medical Imaging Equipment & Systems (Wholesale) industry has experienced significant growth in recent years.

Future Outlook for Medical Imaging Equipment & Systems (Wholesale)

The anticipated future trajectory of the NAICS 423450-37 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Medical Imaging Equipment & Systems (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for medical imaging equipment and systems in the healthcare sector. The aging population and the rise in chronic diseases are driving the demand for medical imaging equipment and systems. The advancements in technology, such as the development of 3D imaging and artificial intelligence, are also expected to drive the growth of the industry. The COVID-19 pandemic has also increased the demand for medical imaging equipment and systems, as they are essential in the diagnosis and treatment of the disease. Overall, the industry is expected to continue to grow in the coming years.

Industry Innovations for NAICS Code 423450-37

Recent groundbreaking advancements and milestones in the Medical Imaging Equipment & Systems (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • AI-Powered Medical Imaging: AI-powered medical imaging is a recent innovation in the Medical Imaging Equipment & Systems (Wholesale) industry. AI algorithms can analyze medical images and provide accurate diagnoses, reducing the need for human interpretation. This technology has the potential to improve the accuracy and speed of medical imaging, leading to better patient outcomes.
  • Portable Ultrasound Devices: Portable ultrasound devices are another recent innovation in the industry. These devices are small and lightweight, making them ideal for use in remote or rural areas. They are also less expensive than traditional ultrasound machines, making them more accessible to healthcare providers.
  • 3D Printing Of Medical Imaging Equipment: 3D printing technology has been used to create medical imaging equipment and systems. This technology allows for the creation of customized equipment and systems, improving patient outcomes. It also reduces the cost of manufacturing and distribution, making medical imaging equipment and systems more affordable.
  • Virtual Reality In Medical Imaging: Virtual reality technology has been used in medical imaging to create immersive experiences for patients and healthcare providers. This technology allows for the visualization of medical images in 3D, improving the accuracy of diagnoses and treatment plans.
  • Wearable Medical Imaging Devices: Wearable medical imaging devices are a recent innovation in the industry. These devices can be worn by patients to monitor their health and provide real-time data to healthcare providers. They are also less invasive than traditional medical imaging equipment, making them more comfortable for patients.

NAICS Code 423450-37 - Medical Imaging Equipment & Systems (Wholesale)

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