Re:Researchers chart path to drastically lower administrativ...
by tw04 on Thursday May 06, 2021 @04:28PM
(#27068684)
>Likewise, manufacturers of medical supplies operate as monopolies because the moat to reach approval is really high.
I can tell you for a fact this simply isn't true. The reason manufacturers of medical supplies operate as a monopoly is because they have turned to acquiring everyone and anyone in the medical supply/device business and there's been 0 opposition to it.
You can go through the last link which is a list of device manufacturers and look at their acquisitions. They just eat up every small player that shows even a hint of providing competition. Some of them have been averaging an acquisition a month for years.
I can tell you for a fact this simply isn't true. The reason manufacturers of medical supplies operate as a monopoly is because they have turned to acquiring everyone and anyone in the medical supply/device business and there's been 0 opposition to it.
https://www.beckersspine.com/orthopedic-a-spine-device-a-imp...
https://mergr.com/abbott-laboratories-acquisitions#cma-tab
https://www.greenlight.guru/blog/top-100-medical-device-comp...
You can go through the last link which is a list of device manufacturers and look at their acquisitions. They just eat up every small player that shows even a hint of providing competition. Some of them have been averaging an acquisition a month for years.