The COVID-19 pandemic has sent health care into a tailspin. It has forced the medtech industry to quickly adapt to new, unforeseen demands and everchanging situations, that have put a strain on the industry. Developing ventilators and personal protective equipment (PPE), often in collaboration with other industries and federal regulators, has helped keep health care workers and patients safe and medtech companies busy while some core markets have been on pause.
With hospitals putting elective surgeries on hold, the demand for several medtech products dropped sharply, while the use of
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