Retail sale of medical and orthopaedic goods

NACE v2.1 Code: G47.74

About retail sale of medical and orthopaedic goods

NACE code 47.74 covers the retail sale of medical and orthopedic goods, an essential industry that plays a vital role in healthcare and the overall economy. This sector encompasses the sale of a wide range of products, from medical equipment and supplies to orthopedic devices, prosthetics, and other specialized goods. As the population ages and healthcare needs continue to grow, the demand for these products is expected to remain strong, making this industry a crucial component of the broader retail and healthcare landscapes.

Production process

The retail sale of medical and orthopedic goods primarily involves the procurement, storage, and distribution of these specialized products. Retailers in this industry often work closely with manufacturers, wholesalers, and healthcare providers to ensure a steady supply of high-quality goods. They may also offer additional services, such as product demonstrations, fittings, and consultations, to assist customers in selecting the appropriate products for their needs.

Production inputs

The main inputs required for the retail sale of medical and orthopedic goods include a diverse range of medical devices, equipment, and supplies. This can include items such as wheelchairs, walkers, crutches, prosthetic limbs, orthopedic braces, and a variety of other specialized products. Retailers in this industry also rely on skilled personnel, such as sales associates and medical professionals, to provide expert advice and guidance to customers.

Production outputs

The primary output of the retail sale of medical and orthopedic goods is the sale of these specialized products to end-users, which can include individual consumers, healthcare facilities, and other businesses. The goods sold in this industry are often consumed by 86.10 Hospital activities, 86.21 General medical practice activities, and 86.90 Other human health activities, as well as by individual patients and caregivers.

Revisions to 47.74

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 47.74. The most recent 5 versions of this code (47.74) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 47.74.

Family tree for retail sale of medical and orthopaedic goods

    graph LR
    A["<a href='/classifications/nace/v2-1/G'>G: WHOLESALE AND RETAIL TRADE</a>"]
A --> B["<a href='/classifications/nace/v2-1/G/47'>47: Retail trade</a>"]
B --> C["<a href='/classifications/nace/v2-1/G/47/7'>47.7: Retail sale of other goods, except motor vehicles and motorcycles</a>"]
C --> D["<a href='/classifications/nace/v2-1/G/47/74'>47.74: Retail sale of medical and orthopaedic goods</a>"]

    C --> E["<a href='/classifications/nace/v2-1/G/47/71'>47.71: Retail sale of clothing</a>"]
C --> F["<a href='/classifications/nace/v2-1/G/47/72'>47.72: Retail sale of footwear and leather goods</a>"]
C --> G["<a href='/classifications/nace/v2-1/G/47/73'>47.73: Retail sale of pharmaceutical products</a>"]
C --> H["<a href='/classifications/nace/v2-1/G/47/75'>47.75: Retail sale of cosmetic and toilet articles</a>"]
C --> I["<a href='/classifications/nace/v2-1/G/47/76'>47.76: Retail sale of flowers, plants, fertilisers, pets and pet food</a>"]
C --> J["<a href='/classifications/nace/v2-1/G/47/77'>47.77: Retail sale of watches and jewellery</a>"]
C --> K["<a href='/classifications/nace/v2-1/G/47/78'>47.78: Retail sale of other new goods</a>"]
C --> L["<a href='/classifications/nace/v2-1/G/47/79'>47.79: Retail sale of second-hand goods</a>"]

    

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