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Orthopedic Roundup: Q2 Results Show Recovery In Elective Procedures; COVID-19 Uncertainties Remain

 
• By Marion Webb

The major orthopedic device makers saw sharp sales declines during the second quarter and remain cautiously optimistic for the rest of 2020.

Hip joint and bone anatomy concept photo. Doctor points to anatomy model of hip joint and pelvis bone with ligaments where localized diseases such as dysplasia, fracture, osteoarthritis or replacement

Three of the major four orthopedic device companies beat analyst expectations in the second quarter of 2020 as procedure volumes began recovering. While expectations remain high for orthopedics makers that procedure volumes will continue its upward trend, the ongoing COVID-19 pandemic creates a lot of uncertainties.

Zimmer Biomet Holdings, Inc. was the last of the four big orthopedics companies to report second-quarter earnings on 4 August, but like its competitors, it beat analysts’ expectations after...

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More from Device Area

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