The latest trends in orthopedic surgery are geared toward minimally invasive or minimal incision techniques, and the push toward these approaches stem from cost-reductions, according to the report. Such minimally invasive procedures cost less than traditional surgeries, have lower hospital stays and result in fewer infections, a bundle of cost-saving outcomes.
As such, orthopedic device manufacturers are looking toward designing instruments compatible with these new surgical approaches. The desire for cost-reduction is the new force pushing orthopedic innovation.
More Articles on Healthcare Innovation:
House Panel Hears Stakeholder Concerns About Regulatory Barriers to Health IT
4 Medical Innovations Unveiled at Premier Conference
Healthcare Association of New York State Launches Triple Aim Campaign