Medical Devices/Supplies

Topic Outline

Resources

See Medical Devices/Supplies under What’s What in Health Policy, Health Sector.
King, Guy and Gerald Donahoe. Estimates of Medical Device Spending in the United States. October, 2012. U.S. total expenditures on medical devices and diagnostics in 2010 were $156.3 billion.
Long, Genia et al., Recent Price Trends for Implantable Medical Devices, 2007-2011. September, 2013. In this study, we examine empirical evidence on reported average price trends for several major categories of implantable medical devices (IMDs) over the period 2007 through 2011. We find that the reported average price for each type of implantable medical device studied declined during this period, both on a nominal and inflation-adjusted basis. Using the medical care CPI, we calculate the decline in inflation-adjusted prices to be from 17 to 34 percent depending on the device category.
Ernst and Young. Pulse of the Industry: Medical Technology Report 2013.