The health sector is heavily dependent on medical products and supplies. Medical products range from simple equipment such as syringes and needles to heavy machinery such as X-rays and magnetic resonance imaging machines (Meditek). Medications and drugs are also part of medical products and supplies. These products can be categorized into five main divisions depending on their utility. Surgical appliances and supplies include objects and machines vital when conducting surgery.
General medical instruments incorporate equipment found in nearly all hospital units and form the bulk of the products and supplies. X-ray equipment generally refers to imaging machines. There are also categories in dental and electro-medical equipment and supplies (https://meditek.no/produkt/inogen-one/). The delicate nature of medical products and supplies demands a well-outlined policy of acquisition and manufacturing. Ideally, hospitals cannot manufacture their equipment, and this role goes to biomedical engineers. Hospitals, however, need to be keen before procuring any equipment, and they must understand the products and services offered by the supplier.
State-of-the-art medical products are usually expensive. There, however, exist several ways of circumnavigating this barrier (https://meditek.no/service/service-pa-endoskop-og-ultralydprober/). The hospital may choose to acquire a long-term loan to finance the purchase. It is, however, tedious without government support and may strain the hospital’s finances. More recently, the leasing of medical equipment has become popular. It saves the hospital lots of money while at the same time providing affordable access to specific equipment which otherwise would have been cumbersome to acquire. Leasing medical products and supplies have become popular because many companies allow hospitals to adopt a purchasing contract for the equipment spread over a manageable period. Some suppliers permit the hospital to make upgrades to the equipment such that at the time of complete purchase, the hospital owns an up-to-date product. There are also suppliers offering warranties and repair services.