ARTICLE SUMMARY:
COVID-19’s impact on the medical device industry will be measured in its corresponding effect on medtechs' customers: hospitals and health systems. Given their deep background in the provider community, the principals at Santé Ventures offer a glimpse into the pandemic’s impact.
The COVID-19 pandemic—and the economic crisis that has accompanied it—has placed the medical device industry in a somewhat unenviable focus. While some segments of the industry, most notably, PPE, ventilators, and diagnostic testing, have taken on a new prominence, the overall impact has been negative, particularly as health systems overwhelmed in caring for COVID-19 patients all but stopped doing elective procedures.
