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Robotic surgery outlook boosted by hospital spending pickup in Q1


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Hospital spending on capital equipment is on an upswing, signaling a stronger outlook for surgical procedures guided by robotic systems in the year ahead, medtech executives said on their first-quarter earnings calls.
The activity mirrors a boom in the broader economy to start 2021 that points to a recovery from the pandemic-driven recession, but the strength of demand from the hard-hit hospital sector surpassed expectations.
As procedures are coming back, we re seeing through our order book that hospitals are in actually very good financial position. And better than, frankly, I would have expected when the pandemic first hit, said Stryker CEO Kevin Lobo. ....

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