During the peak of COVID-19, a majority of non-emergency or elective medical procedures were put on hold. The lack of procedures had a significant impact on the medical device industry and it’s still questionable when we’ll see procedure volume return to normal.
Canaccord Genuity analyst, Kyle Rose, recently completed a survey of 51 orthopedic practices. The survey provided some interesting insights as hospitals begin to resume elective procedures. The survey measured the rates of patient volumes at orthopedic practices since the pandemic and the derivative impacts on orthopedic device makers.
Did you know that the biggest roadblock to catching up on procedures is operating room availability? Read more about the findings in the full article from MD+DI Qmed.