Dive Brief:
Hospital purchasing managers said Abbott's Alinity diagnostics platform, Intuitive Surgical's da Vinci robot, and hybrid cath labs to support transcatheter aortic valve replacement procedures are expected to lead their capital equipment purchases in the next 12 months, according to a UBS survey released Monday.
In a sign that the overall spending environment for medical equipment is healthy and poised to expand, the average capital budget of the purchasing managers surveyed was projected to increase 5% in the year ahead. The level is up from the 3.5% growth forecast in September 2019.
The survey also found a significant increase in patient monitoring initiatives by hospitals, compared to before the pandemic, with 84% of respondents indicating greater general floor monitoring is either occurring now or planned for the future.