According to GlobalData, ESOP 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 ESOP 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 LBO France 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.
LBO France overview
FH Orthopedics SAS (FH Ortho), a subsidiary of Olympus Corp, is a medical device company. It designs, manufactures and markets orthopedic implants and instruments. The company offers implants for anterior cruciate ligament, posterior cruciate ligament, tendon and meniscus reconstruction cemented and cement less hip implants for degenerative conditions and trauma, cemented and cement less knee implants, cervical and lumbar disc replacement implants for spine. FH Ortho also offers solid and injectable synthetic bone substitutes for filling bone defects. The company also provides education and technical training through clinical specialists on its products. The company operates in the UK, the US, France, Poland, among others. FH Ortho is headquartered in Heimsbrunn, Alsace, France.
For a complete picture of ESOP, Hip Reconstruction pricing in the US, buy the report here.