The volume of hip replacement procedures in Spain showed a general upward trend from 2013 to 2023, starting at 106.15 procedures per 100,000 persons and reaching 140.25 in 2023. Despite a sharp decline in 2020 due to the pandemic, there was a substantial recovery in subsequent years, highlighted by an 8.76% increase in 2022 and a 6.61% rise in 2023. The Compound Annual Growth Rate (CAGR) over the past five years stood at 2.27%.
Future projections suggest continued growth, with projected volumes reaching 161.07 procedures per 100,000 persons by 2028, driven by an average annual growth rate of 2.2% over the forecast period. This highlights an overall forecasted increase of 11.5% from 2023 to 2028.
Future trends to watch for:
- Advancements in surgical techniques and materials.
- Changes in healthcare policies and funding within Spain.
- Impact of demographic shifts, particularly the aging population.
- Potential disruptions from unforeseen global events, akin to the 2020 pandemic.
