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NAICS Code 455219-40 Description (8-Digit)

The Diabetic Supplies (Retail) industry involves the sale of products and equipment specifically designed for individuals with diabetes. These products include glucose meters, test strips, lancets, insulin pumps, insulin pens, syringes, continuous glucose monitoring systems, and diabetic footwear. Retailers in this industry may also offer educational resources and support for managing diabetes.

Hierarchy Navigation for NAICS Code 455219-40

Tools

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

  • Glucose meters
  • Test strips
  • Lancets
  • Insulin pumps
  • Insulin pens
  • Syringes
  • Continuous glucose monitoring systems
  • Diabetic footwear
  • Blood pressure monitors
  • Ketone meters
  • Sharps containers
  • Alcohol swabs
  • Skin prep wipes
  • Adhesive patches
  • Lancing devices
  • Insulin vials
  • Insulin cartridges
  • Glucagon emergency kits

Industry Examples of Diabetic Supplies (Retail)

Common products and services typical of NAICS Code 455219-40, illustrating the main business activities and contributions to the market.

  • Glucose meters
  • Insulin pumps
  • Diabetic socks
  • Lancets
  • Continuous glucose monitoring systems
  • Insulin pens
  • Syringes
  • Diabetic shoes
  • Test strips
  • Blood glucose monitors

Certifications, Compliance and Licenses for NAICS Code 455219-40 - Diabetic Supplies (Retail)

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

  • American Association Of Diabetes Educators (AADE) Certification: The AADE certification is a voluntary certification for diabetes educators. It is a national certification that demonstrates a high level of knowledge and expertise in diabetes education. The certification is provided by the National Certification Board for Diabetes Educators (NCBDE).
  • Certified Diabetes Care and Education Specialist (CDCES): The CDCES certification is a national certification for healthcare professionals who specialize in diabetes care and education. It is provided by the National Certification Board for Diabetes Educators (NCBDE).
  • Pharmacy-Based Immunization Delivery: This certification is required for pharmacists who want to administer immunizations. It is provided by the American Pharmacists Association (APhA).
  • HIPAA Compliance: HIPAA compliance is required for all healthcare providers who handle patient information. It is provided by the US Department of Health and Human Services (HHS).
  • Food and Drug Administration (FDA) Regulations: The FDA regulates the sale of medical devices, including diabetic supplies. Compliance with FDA regulations is required for all retailers of diabetic supplies.

History

A concise historical narrative of NAICS Code 455219-40 covering global milestones and recent developments within the United States.

  • The history of the Diabetic Supplies (Retail) industry dates back to the early 20th century when the first insulin injection was developed in 1921. This breakthrough discovery revolutionized the treatment of diabetes and created a new market for diabetic supplies. In the 1950s, the first blood glucose meter was invented, which allowed patients to monitor their blood sugar levels at home. This led to the development of new products such as lancets, test strips, and insulin pumps. In recent years, the industry has seen significant growth due to the increasing prevalence of diabetes worldwide. In the United States, the industry has been driven by the aging population, rising obesity rates, and the increasing awareness of diabetes prevention and management.

Future Outlook for Diabetic Supplies (Retail)

The anticipated future trajectory of the NAICS 455219-40 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 Diabetic Supplies (Retail) industry in the USA is positive due to the increasing prevalence of diabetes in the country. According to the Centers for Disease Control and Prevention (CDC), over 34 million people in the US have diabetes, and this number is expected to rise in the coming years. As a result, the demand for diabetic supplies such as glucose meters, test strips, insulin pumps, and other related products is expected to increase. Additionally, the industry is likely to benefit from the growing trend of self-monitoring and self-management of diabetes, which is becoming increasingly popular among patients. However, the industry may face challenges such as increasing competition from online retailers and the rising cost of healthcare in the US. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for diabetic supplies and related products.

Industry Innovations for NAICS Code 455219-40

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

  • Smart Insulin Pens: These pens are equipped with Bluetooth technology that allows patients to track their insulin doses and share the data with their healthcare providers.
  • Continuous Glucose Monitoring (CGM) Systems: These systems use a small sensor inserted under the skin to measure glucose levels in real-time, providing patients with more accurate and timely information about their blood sugar levels.
  • Artificial Pancreas Systems: These systems combine a CGM with an insulin pump to automatically adjust insulin doses based on glucose levels, reducing the need for manual intervention by patients.
  • Mobile Apps for Diabetes Management: There are a growing number of mobile apps available that help patients manage their diabetes by tracking their blood sugar levels, medication schedules, and other important information.
  • Non-Invasive Glucose Monitoring: Several companies are developing non-invasive glucose monitoring devices that use technologies such as infrared light or radio waves to measure glucose levels without the need for a blood sample.

NAICS Code 455219-40 - Diabetic Supplies (Retail)

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