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SmartTRAK Life Sciences News and Analysis Blog

2 min read

Total Joints Trends Heading Into 2023

2/27/23 9:00 AM

Total Joints Trends 2023 HEADER copySmartTRAK examines conditions lowering the flame for Total Joints

Procedural growth strengthened in 2022 giving rise to the hope that a backlog of patients created by the COVID pandemic would return to surgery, stoking the fires of Total Joint Market recovery. However, external market forces appear to be setting the market to simmer in 2023 while other forces influence the recipe for success for market players.
An analyst from JP Morgan has drawn parallels between the current behavior of the US stock and bond markets and the conditions leading up to the 1969 recession, according to a recent Forbes article. Interest rate hikes and high inflation have increased the likelihood that the US economy will face a recession in 2023. But what does that mean for the Total Joints Market?

Among the many topics covered in detail in this comprehensive article are:

  • SmartTRAK's Expert Market Analysis and Insights
  • Are We Headed for A Recession?
  • Reimbursement and Staffing Shortages Could Temper Procedure Growth
  • Medicare Reimbursement Updates Compared to Inflation
  • Ongoing Shift to Outpatient Surgery
  • Growth of Single-Specialty ASCs
  • ASC Offered Specialties
  • Outpatient Shift Continues to Influence Product Development and Marketing

The shift towards ASC procedures is helping to drive some of the ongoing implant trends such as the growing popularity of dual mobility hips and cementless knees. Multiple studies have shown that..

To download and read the complete "Total Joints Trends Heading Into 2023" article, just click the button below. Download the Total Joints Trends 2023 ArticleThe countdown to the big Orthopedics Conference on March 7-11 in Las Vegas has begun and the SmartTRAK team will be attending...If you'd like to Be The Expert in Ortho, we can help!

SmartTRAK is the Medtech industry’s only global Insights-as-a-Service solution for the Orthopedics, Wound Care, Regenerative Medicine and Neuro Therapy markets. SmartTRAK’s propriety methodology turns disparate data from hundreds of sources into powerful insights customers can rely on as the trusted source for strategic decision-making. The SmartTRAK enterprise platform includes rich daily updates, comprehensive market coverage and simple-to-use tools and dashboards for market, product and financial analysis. Customers leveraging the SmartTRAK platform also have direct access to market experts for inquiries and advisory services. If you would like a demo of what SmartTRAK has to offer and see how we can help increase proficiency, improve productivity and reduce costs for your company, just click here.



Lisa Mahan
Written by Lisa Mahan

20+ years' experience in orthopedic industry, including 12 years at J&J DePuy Orthopaedics. Competitive Intelligence Analyst and e-Marketing manager at J&J DePuy Orthopaedics.

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