Orthopedic Industry Outlook Prompts Positive Market Sentiment
Amid a deteriorating macroeconomic backdrop, orthopedic industry stocks have shown resiliency relative to the broader public markets. This enables management teams to breathe a sigh of relief, driven in part by expectations for a long-awaited pickup in procedure volumes, as they and investors have watched valuations tumble over recent years due to COVID-19 headwinds, supply-chain backlogs, and other industry forces. By Oded Ben-Joseph, PhD, Thomas Busby, and Derrick Holmes, Outcome Capital.
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