Orthopedic Industry Outlook Prompts Positive Market Sentiment

Orthopedic Industry Outlook Prompts Positive Market Sentiment

Published in MedTech Strategist

Authors: Oded Ben-Joseph, PhD, Thomas F. Busby, and
Derrick Holmes, CFA

Abstract:
Amid a deteriorating macroeconomic backdrop, orthopedic industry stocks have shown resiliency relative to the broader public markets. This enables management teams to breathe a sigh of relief, driven in part by expectations for a long-awaited pickup in procedure volumes, as they and investors have watched valuations tumble over recent years due to COVID-19 headwinds, supply-chain backlogs, and other industry forces.