In 2023, hip replacement procedures performed as day cases in Canada stood at a certain baseline. The forecast from 2024 to 2028 shows a projected growth trajectory, with values steadily increasing each year: from 27.3 in 2024 to 47.6 in 2028. This indicates a robust year-on-year growth, averaging a compound annual growth rate (CAGR) across these years, highlighting a strong demand for day-case hip replacements.
Future trends to watch for:
- Technological advancements improving surgical efficiency and recovery rates.
- Increasing aging population potentially leading to higher demand.
- Policy changes and healthcare funding impacting procedure accessibility.