Medical Devices
1.How do medical device brands distribute the products(such as blood pressure monitor) from factory to end consumers? How many resellers are there until reaching the end consumer? 2.What is the gross margin at each stage of the distribution, starting from the factory to the end consumer?
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Answers
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Factory Production: The medical device is manufactured, tested, and packaged at a factory, which could be in the U.S. or overseas.
Regulatory Compliance: Before distribution, the product must meet the regulatory standards set by the U.S. Food and Drug Administration (FDA) and, in some cases, other regulatory bodies (e.g., UL for electrical safety).
Answered 11 days ago