The Emerging Business-to-consumer Medical Device Market

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Economists and healthcare academics have stated for years that the normal market dynamics for supply and demand curves do not apply for the consumption of healthcare. In other words, the price goes up as demand increases, attracting new suppliers that increase the supply, which brings the price back to normal because healthcare in the United States is consumed, for the most part, as a commodity. An important element of any commodity is that price is set as a component of the market as a whole, determined by the interactivity of market demand and supply. In the business of US healthcare, myriad industry verticals set market demand and its pricing, not the actual healthcare consumers. The acute emergence of the i

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The Emerging Business-to-consumer Medical Device MarketResearch AnalysisGrowth Insight

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