China’s Volume-Based Procurement Policy a Seismic Shift for Orthopedic Players

Orthopedics recently got its first taste of price reductions arising from China’s national volume-based procurement policy for hip and knee replacement products. The procurement policy previously brought the price of coronary drug-eluding stents down 96% from the headline price of Medtronic’s Resolute Integrity product. In mid-September 2021,...

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Mike Evers is a Senior Market Analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.



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