GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Knee Replacement

The average cost of knee replacement surgery in the United States ranges from $20,000 to $60,000.

Last Updated: June 23, 2024

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In this post, we will explore the wide-ranging landscape of knee replacement surgery costs, both domestically and internationally. From the varying expenses associated with different healthcare systems to the emerging trends in surgical approaches, we will dissect the statistics surrounding the average cost of knee replacement procedures. Whether it’s the price differentials between countries or the additional expenses post-surgery, join us as we navigate the statistical intricacies of this common orthopedic procedure.

Statistic 1

"Hospital for Special Surgery in New York City is one of the top-ranked hospitals for knee replacement surgery in the U.S."

Statistic 2

"Outpatient knee replacement surgeries are becoming more common, potentially reducing costs."

Statistic 3

"Post-operative physical therapy can add an additional $500 to $1,200 to the total cost."

Statistic 4

"Complications after knee replacement surgery occur in approximately 1% of patients."

Statistic 5

"The risk of requiring a revision surgery within 10 years is about 5%."

Statistic 6

"In France, the cost of knee replacement surgery ranges from €7,000 to €15,000."

Statistic 7

"Recovery time for knee replacement surgery can range from 6 weeks to 3 months."

Statistic 8

"In Australia, the cost of knee replacement surgery is around AUD $25,000."

Statistic 9

"The average hospital stay after a knee replacement is about 2-3 days."

Statistic 10

"The average cost of a knee replacement surgery in Canada is approximately CAD $20,000 to $25,000."

Statistic 11

"In the UK, knee replacement surgery costs the NHS around £5,500 per procedure."

Statistic 12

"Robotic-assisted knee replacement surgery costs around $2,000 to $4,000 more than traditional methods."

Statistic 13

"Approximately 4.7 million Americans are living with a total knee replacement."

Statistic 14

"The average cost of a knee replacement surgery in the United States can range from $30,000 to $50,000."

Statistic 15

"Medicare typically covers 80% of the allowable charges for a knee replacement, while the remaining 20% is out-of-pocket."

Statistic 16

"The average age of patients undergoing knee replacement surgery is 65."

Statistic 17

"The cost of knee replacement surgery in India is significantly lower, approximately $7,000 to $9,000."

Statistic 18

"Private knee replacement surgery in the UK can cost between £10,000 and £15,000."

In conclusion, the average cost of knee replacement surgery varies significantly across different countries and healthcare systems, with factors such as hospital selection, surgery type, and post-operative care significantly impacting the overall cost. While outpatient surgeries and advancements in surgical techniques may help reduce costs, additional expenses such as physical therapy can add to the financial burden. It is important to consider the potential risks and complications associated with knee replacement surgery, as well as the post-operative recovery period. Understanding the range of costs associated with knee replacement surgery worldwide highlights the need for patients to explore different options and consider factors beyond just the price tag when making healthcare decisions.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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