Annual Awards Honor Medical Manufacturers for Greatest Market Share Growth
Masimo has received the 2010 Global Healthcare Exchange (GHX) Best-in-Class Award for achieving the nation's highest year-over-year market share growth for distributed products in the Respiratory product category for the third straight year. Best-in-Class status is determined through a combination of year-over-year market share growth and total market share through the end of 2009. The winners were honored at the 10th Annual GHX Supply Chain Summit in Orlando, Florida, March 29-31, 2010.
"We are extremely pleased to honor Masimo for its leadership position in the Respiratory product category," said Ed McCauley, vice president, E-Sourcing and Business Intelligence, GHX. "Their performance proves that despite the down economy there continues to be market opportunities for manufacturers if they know where to target their sales efforts."
Masimo was among 31 leading medical-surgical product manufacturers recognized by GHX in six market segments and 35 product categories, ranging from electrosurgical products to microbiology reagents. Winners were determined using GHX Market Intelligence reports that analyze national distributed sales transaction data. With information provided by 27 of the nation’s leading distributors, GHX Market Intelligence tracks and reports on more than $35.5 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.
