Topic/Category: Surgery/Procedures
The global impact of COVID-19 is a chain reaction felt across the entire healthcare industry. According to Medtech market intelligence provider, Life Science Intelligence (LSI), many of the largest medical device & diagnostics companies were suddenly at risk of losing revenue by as much as 90%, while others, like manufacturers of medical masks and ventilators, and producers of COVID-19 diagnostics, saw a doubling in profits that exceeded supply. This chain reaction interconnects how medical equipment, supplies, and technology directly tie to the pandemic’s effect on general surgical procedures in the US.