The forecast for hip replacement procedures in Canada from 2024 to 2028 indicates a significant upward trend. Starting at 16.55 thousand day cases in 2024, the number is expected to rise to 29.06 thousand by 2028. This represents a compound annual growth rate (CAGR) over the five-year period of approx 14.42%. This steady increase reflects the growing demand for these procedures, likely driven by factors such as an aging population and rising obesity rates.
Future trends to watch for include:
- The potential impact of healthcare policy changes and technological advances in surgical procedures.
- Demographic shifts, particularly the aging baby boomer generation, which may continue to drive demand.
- Innovations in hip replacement technology that may enhance demand by reducing recovery times and improving outcomes.