According to GlobalData, Arthrex is one of 251 product lines sold in the US knee reconstruction market; these product lines are sold by 33 different manufacturers. The average selling price for Arthrex decreased in hospitals, health systems, and outside of hospital facilities in 2022. The price of the Arthrex device can be viewed in GlobalData’s micro pricing report and can be retrieved according to purchase date, facility type, bed size, and geographical region. Buy the report here.
The selling price or list price of a medical device is driven by numerous factors, such as therapy area and complexity of procedure, level of reimbursement, development costs, the number of competing manufacturers, product life cycle, and whether there have been any recent new technology or product launches.
In addition, the final selling pricing of medical devices is also impacted by the discounting policy of the manufacturer. Companies such as Arthrex apply discounts for their devices based on their internal business strategy, inventory control, and monthly or quarterly sales targets. In addition, sale location can also affect the final selling price of a device, both in terms of geographical region and facility type. Prices for the same medical device often vary in hospitals and health systems versus outside of hospital facilities, for example if high volume healthcare institutions can negotiate discounts or rebates based on large purchase sizes.
Arthrex Inc (Arthrex) designs and manufactures surgical products and solutions used for arthroscopic and minimally invasive orthopedic surgical procedures. The company offers shoulder, knee, elbow, hand and wrist, foot and ankle, and hip related surgical products, orthobiologics and imaging and resection systems. It also provides medical education; training programs; physician observation program; surgical outcomes system orthopedic and sports medicine global registry; and patient education. The company markets products directly and through a network of distributors in the Americas, Europe, the Middle East, Africa and Asia. Arthrex is headquartered in Naples, Florida, the US.