Estimated March to April 2022

Artificial joint replacement technology is one of the best ways to repair joint injuries and help patients regain mobility. As the aging of the population accelerates, there are more and more patients with age-related osteoarthritis, and the number of people in need of artificial joint replacement is increasing. However, for a long time, due to the artificially high price of artificial joints, situations where people “cannot afford to replace them” often occur. On September 14, the much-anticipated centralized procurement of orthopedic artificial joint consumables was successfully opened. 48 Chinese and foreign companies participated. The average price of the hip joints to be selected dropped from 35,000 yuan to about 7,000 yuan, and the average price of the knee joints dropped from 32,000 yuan. to about 5,000 yuan, with an average decrease of 82%. It is expected that patients will be able to use artificial joint centralized products from March to April 2022.