Healthcare in America is well known for having outrageously high prices. Compared to our European counterparts, American healthcare can often run two-to-three times the cost for any given procedure. While some of this cost comes from markups on pharmaceuticals and high pay for physicians, medical devices are also a source for high prices.
This Forbes article describes how medical devices in the US see markups of 200-400% in comparison to european prices. Because the cost of the devices are buried within mountains of hospital fees, identifying these costs as markups can be difficult for patients.
Emma Dahl Comments
American healthcare is fundamentally problematic because it has been designed as a money-making industry rather than an industry created to serve the common good. Medical devices are just another example of how healthcare has warped into a profit seeking industry with little regard towards patients and their finances.