The forecast for hip replacement procedures per thousand persons aged 65 and over in Canada shows a steady increase from 2024 to 2028. In 2023, the number of procedures stood at 9.7. By 2026, it is projected to rise to 9.9, reflecting a modest annual growth. The year-on-year growth from 2024 to 2025 is 0%, while an increase of approximately 1.02% is expected in 2026, followed by another rise of approximately 1.01% in 2027. The compound annual growth rate from 2024 to 2028 is projected at 0.51%, illustrating gradual growth in hip replacement procedures among the elderly population.
Future trends to watch for include:
- An aging population which may increase demand for hip replacements.
- Advancements in surgical techniques could impact procedure frequency or success rates.
- Healthcare policy changes might influence availability and funding for such procedures.
