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.