Healthcare Economics
Orthopedic implants are medical devices designed to support or replace damaged bone or joint structures, commonly used in surgeries like hip or knee replacements. These implants can be made from various materials, including metals, ceramics, and polymers, and play a critical role in restoring mobility and function to patients with musculoskeletal disorders. The development, production, and distribution of these devices are key components of the healthcare delivery system, heavily influenced by economic factors such as research and development costs, market competition, and regulatory considerations.
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