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Orthopedic Roundup: Zimmer Biomet, J&J, Smith & Nephew, Stryker Hope For Post-COVID Recovery As Elective Surgeries Restart

 
• By Marion Webb

The big four companies in the orthopedics space hope that the restart of elective surgeries will make up for lost sales, but many uncertainties remain.

knee and knee with total replacement x-ray image ob black background - Image

The four major companies in the orthopedics space – Johnson & Johnson, Smith & Nephew PLC, Stryker Corp. and Zimmer Biomet Holdings Inc. – have all seen significant reductions in first-quarter revenues due to the delay of elective procedures as hospitals focused on treating COVID-19 patients.

With many US states taking steps to resume outpatient and inpatient elective surgeries under President Donald Trump’s three-part plan to reopen the country, companies are hoping to ramp up procedure volumes in the coming months. Analysts agree, however, that the negative financial impact of the delays will probably last for months, as customers are likely to reduce inventory and conserve cash

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