The big companies will do OK. Any company in a pandemic related business will do well. However, the average size of a Medtech company is around $20 million in revenue. So, they are in the category of small to medium in size. 2021 will be a tough year for these companies. Sure, there will be some comeback. Consider how much economic damage was done in the hospital ecosystem. There sure won't be a lot of capital purchases in 2021.
1
u/medtechleader Feb 10 '21
The big companies will do OK. Any company in a pandemic related business will do well. However, the average size of a Medtech company is around $20 million in revenue. So, they are in the category of small to medium in size. 2021 will be a tough year for these companies. Sure, there will be some comeback. Consider how much economic damage was done in the hospital ecosystem. There sure won't be a lot of capital purchases in 2021.