According to GlobalData, ECOFIT is one of 431 product lines sold in the US hip reconstruction market; these product lines are sold by 35 different manufacturers. The price of the ECOFIT 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 Implantcast 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.
Implantcast GmbH (Implantcast) is a medical equipment provider that offers surgical and sterile equipment. The company manufactures and markets sterile packaging and distribution of primary, revision and tumor prostheses. Its products portfolio includes tumor arthroplasty, total knee arthroplasty, shoulder arthroplasty, small joint arthroplasty, total hip arthroplasty, other implants, navigation and instruments, customized implants, coatings, partial pelvic replacement, accessory products and augmentation implants. The company’s services include preoperative planning and orders shipments. It markets its products in Germany and abroad. Implantcast is headquartered in Buxtehude, Hamburg, Germany.
For a complete picture of ECOFIT, Hip Reconstruction pricing in the US, buy the report here.