Hip replacement costs select countries 2019| ��ƽ��

Cost of a hip replacement in selected countries as of 2019 (in U.S. dollars)

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Release date

December 2019

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Region

Worldwide

Survey time period

as of 2019

Supplementary notes

Prices are approximate and not actual prices and include estimated airfare for patient and companion. Prices will vary based upon many factors including hospital, doctor’s experience, accreditation, currency exchange rates and more. Not included are costs for meals, miscellaneous expenses and any hotel costs or tourism costs.

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The cost of hip replacements varied globally in 2019. Among the listed countries, the United States had the highest cost for a hip replacement with a price of over ** thousand dollars. In the meantime, Poland had the lowest costs for a hip replacement at around *** U.S. dollars.

Hip replacement procedures

Hip replacements involved the removal of part or all of the hip joint to alleviate pain and increase mobility. Most patients that require a hip replacement need one because of hip arthritis. Among OECD countries, Germany, followed by Switzerland, had the highest rate of hip replacements in 2018. Hip replacements are usually performed in inpatient scenarios. However, in the United States, the number of outpatient hip replacements has dramatically increased in the past 10 years.

The hip replacement market

Globally, the United States, followed by Germany, is the leading global medical device exporter. North America holds the highest percentage of the global hip and knew reconstruction market and is expected to maintain the largest market share in the coming years. Among medtech companies, Zimmer Biomet holds the largest share of the global hip and knee replacement market.