Awards recognize medical-surgical market leaders across 35 product categories and five market segments
NASHVILLE, Tenn., June 3 /PRNewswire/ -- GHX today announced the winners of the sixth annual Best In Class Awards, recognizing 30 medical-surgical manufacturers that have achieved significant market share positions for distributed products through the end of 2008. Awards were given to companies that achieved the highest year-over-year market share growth in 35 different product categories and those that achieved the top share position in five specific markets. The awards were presented on Wednesday, June 3, 2009, during a recognition ceremony in Nashville at the 9th Annual GHX Supply Chain Summit -- the largest forum in the U.S. focused on both the buy and sell side of the healthcare supply chain.
Best In Class winners were determined using GHX Market Intelligence reports that analyze national distributed sales transaction data provided by 27 U.S. distributors. While manufacturers are not required to be GHX customers in order to qualify for or win the Best In Class awards, many of this year's award winners leverage GHX Market Intelligence to gain market share.
"Despite the economic challenges that lowered the overall market growth rate in 2008 compared to recent years, the Best In Class winners outpaced the industry to achieve substantial growth in their respective markets and product categories," said Ed McCauley, general manager, GHX Business Intelligence. "The success of these companies proves there are still significant opportunities in healthcare regardless of the economic climate."
The 2009 GHX Best In Class market segment award winners were selected based on the highest sales volumes for 2008. They are as follows:
Category Company Hospital Covidien* Long-Term Care Medline Industries Inc.* Treatment Centers BD Home Health Care Abbott Laboratories Physician Office Inverness Medical Innovations Inc.* * Also Best In Class product category award(s) recipient
"Aberdeen Group joins in congratulating the winners of the GHX 2009 Best In Class Awards," states David Hatch, group vice president of Technology Research at Aberdeen Group. "Companies such as Covidien, BD and Abbott Laboratories consistently exhibited top year-over-year performance based on the business metrics we measured within our primary research into Life Sciences and Healthcare Supply Chain intelligence."
The 2009 GHX Best In Class product category award winners were selected based on the highest year-over-year market share growth through the end of 2008.
The product category winners are as follows:
Category Company Adhesives, Bandages, Dressings & Sponges Medline Industries Inc.*** Cardiology/Cardiovascular Summit Doppler Systems Inc. Catheters, Diagnostic & Therapeutic Cook Group Inc. Electromedical Midmark Corp. Electrosurgical Covidien**** Enteral Feeding & Medical Nutritionals Kimberly-Clark Corp. Gloves Sempermed Inc. Hazardous Waste Control Ecolab Inc. Heat/Cold Therapy Arizant Inc. Hematology/Coagulation Reagents/Supplies Inverness Medical Innovations Inc. Immunology Reagents/Supplies Quidel Corp. Incontinence Products Covidien**** Kits, Packs & Trays - Standard Cardinal Health Hospital Supply/Sci Products** Kits, Packs & Trays - Custom Medical Action Industries Masks Medline Industries Inc.*** Metal/Plastic/Paper Products Georgia-Pacific Professional Microbiology Reagents/Supplies Meridian Bioscience Inc. Needles & Syringes NovoNordisk Ostomy Coloplast Parenteral B. Braun Medical Inc.** Patient Care Products, Medical Sage Products Inc. Point of Care Testing (POCT) Reagents/Supplies Bayer HealthCare Pressure Monitoring GE Healthcare Respiratory Masimo Corp. Skin Care Products Cardinal Health Hospital Supply/Sci Products** Solutions/Nutritional B. Braun Medical Inc.** Specimen Collection Kits and Supplies Greiner Bio-One Inc. Sterilization 3M Medical Division Surgical Instruments & Devices Welch Allyn Inc. Urinalysis Reagents/Supplies Siemens Medical Solutions USA Inc. Urological C. R. Bard, Inc. Wound Care Johnson & Johnson Wound Staples & Endosurgery Covidien**** Wound Staples & Sutures Covidien**** Woven & Nonwoven Goods Medline Industries Inc.*** **Recipient of two GHX Best In Class product category awards ***Recipient of three GHX Best In Class product category awards ****Recipient of four GHX Best In Class product category awards
GHX Market Intelligence tracks and reports on more than $34 billion of distributed sales for medical-surgical and clinical laboratory supplies and devices. It is the only comprehensive source for accurate, detailed and timely data for the acute and alternate site healthcare markets, containing geographically relevant and competitive market share, size and average selling price reporting down to the three-digit zip code level.
Healthcare suppliers use GHX Market Intelligence data and reports to gauge market size and share, guide product development, capitalize on new opportunities and stay one step ahead of the competition. Nine of the top 10 manufacturers utilizing distribution as a sales channel call upon GHX Market Intelligence to stay ahead of the competition.
As the business hub for healthcare, GHX enables healthcare providers and suppliers in North America and Europe to reduce costs and improve margins by automating processes, reducing operating expenses and increasing knowledge-based decision making. Products and services include trading partner connectivity, order and contract management and validation, data synchronization, sales force automation and business intelligence. Equity owners of GHX are Abbott Exchange, Inc.; AmerisourceBergen Corp.; Baxter Healthcare Corp.; B. Braun Medical Inc.; Becton, Dickinson & Co.; Boston Scientific Corp.; Cardinal Health, Inc.; Covidien; C.R. Bard, Inc.; Fisher Scientific International, Inc.; GE Healthcare; HCA; Johnson & Johnson Health Care Systems Inc.; McKesson Corp.; Medtronic USA, Inc.; Owens & Minor; Premier, Inc.; Siemens; University HealthSystem Consortium; and VHA Inc. For more information, visit www.ghx.com.
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