The global coronavirus has affected almost every industry, and medical devices are no less affected. Even as the first quarter of 2021 has passed, the pandemic hasn’t. No industry has gone unharmed amidst the pandemic, and similarly, the healthcare industry is also witnessing the impact of the resurgence of the virus and the emergence of new, more contagious strains. MedTech companies that are into elective procedures and those working with the hospitals have faced catastrophic challenges due to the COVID-19 pandemic.
However, the MedTech market in the following years is expected to bloom with increased procedure volume in patients and is going to succor the health...