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How does the medical industry distinguish between high-value consumables and low-value consumables?

 

1. Definition and application field
High value medical consumables: refers to the medical consumables that directly act on the human body, have strict requirements for safety, large clinical use, relatively high price, and heavy cost burden of the masses. High-value consumables are mainly relative to low-value consumables, belonging to medical specialty treatment materials, including vascular intervention, non-vascular intervention, orthopedic implantation, neurosurgery, electrophysiology, pacemaker, extracorporeal circulation and blood purification, ophthalmic materials, stomatology, and other categories of medical consumables.


Low-value medical consumables: refers to the disposable health materials often used in the hospital in the process of medical services, the unit price is relatively low, but the consumption is large, including disposable syringes, infusion sets, blood transfusion sets, blood vessels, medical dressings, drainage bags, drainage tubes, retention needles, medical gloves, surgical sutures, etc.

2. Scope of use and risk
High value medical consumables: The scope of use is narrow, usually limited to specific specialty areas, such as: orthopedics, cardiovascular, etc. It is directly used in the human body, mostly implantable or interventional materials
Therefore, the medical security risk is higher. For its production, use, quality control and other links have strict requirements and supervision.
Low-value medical consumables: Although low-value consumables have a certain risk, compared to high-value consumables, their risk is low. The safety of low-value consumables is mainly guaranteed through strict procurement, storage, use and other links.


3. Economy and market
High-value medical consumables: The gross profit margin of high-value consumables enterprises is usually higher, but because of its high unit price and relatively small use, the overall economic contribution is not as significant as that of low-value consumables. And the high value consumables market has high technical threshold and fierce competition, and domestic and foreign brands have been involved.
Low-value medical consumables: Although the unit price of low-value consumables is low, the amount of use is large and there are many types, so the overall economic contribution is greater. And low value consumables market competition is fierce, high price sensitivity, cost control is the key to enterprise management.


4. R&d and technical content
High value medical consumables: high research and development costs and technical content, more attention to research and development and academic promotion.
Low-value medical consumables: Compared with high-value consumables, research and development costs and technical content are lower, and enterprises pay more attention to cost control and supply chain management
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