According to GlobalData, BIMOBILE is one of 431 product lines sold in the US hip reconstruction market; these product lines are sold by 35 different manufacturers. The average selling price for BIMOBILE decreased in hospitals, remained unchanged in health systems, and remained unchanged outside of hospital facilities in 2022. The price of the BIMOBILE 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.
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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 Waldemar Link 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.
Waldemar Link overview
Waldemar Link GmbH & Co KG (Waldemar Link) is a medical equipment providing company that offers production and development of stents and surgical instruments for hand, spine, foot, and bone. The company’s products include knee prostheses endo, megaprostheses, hip prostheses, lower and upper extremity fixators, among others. It also provides surgical instruments, medical instruments, materials and surfaces, bandages, medical devices, and osteosynthesis products, among others. Waldemar Link offers implant services. The company markets and sells its products through a network of distributors and direct sales offices located across Europe, the Americas and Asia Pacific. Waldemar Link is headquartered in Hamburg City, Hamburg, Germany.
For a complete picture of BIMOBILE, Hip Reconstruction pricing in the US, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
