What medtech’s top CEOs are saying about COVID-19

More quotes from medtech CEOs

“The pent-up demand is there. I think the recovery will probably come in waves. So you have a number of employees that are furloughed that would love to get their procedures done now while they have healthcare coverage, worried about what could happen in the future. That could be a first wave of resumption of procedures. And then you also have people who have taken time off and that may not be able to take time off later, so that could cause a slight dip and then a resumption again. But it really is going to relate to how the overall economy recovers and how the virus evolves in the future. But that certainly is a scenario that we believe could happen. But again, this is unchartered water. So we’ll see.”

– Kevin Lobo, CEO of Stryker

 

“We’ve never had more calls from people wanting our products. And I mean this on a very global basis, right to various regions within European countries, particularly, frankly, all across Europe but also wildly in the U.S. We’ve literally been in touch with virtually every governor’s office. It seems like half of Congress, obviously, with the White House Task Force on a daily basis, the Department of Defense, it’s been mind-blowing in terms of the interest, really just since we launched the PCR assay. And Kevin Thornal, our commercial teams and our European teams, even the Asia Pac teams, right down to the Prime Minister in New Zealand, I mean we’ve got everybody reaching out to us and it is elevating our profile to a very different level than anything we’ve ever experienced. And there is zero doubt in my mind that’s absolutely creating a tremendous runway for us coming out of this.”

– Stephen MacMillan, CEO of Hologic

 

“We’ve been in contact with our customers routinely. There’s a backlog growing for surgery. These folks are going to need surgery. And really our opportunity, our job as a company is to make sure we can support them however we can in terms of access to systems or motion of systems to allow them to use what they have out there, and as those systems become full again, we can think about how to increase capacity going forward, and we have a few tools in the tool kit.”

– Gary S. Guthart, CEO of Intuitive Surgical

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