COVID-19 Impact on Zimmer Biomet Holdings Inc’s Revenue and Operations (Medical Devices)
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Zimmer Biomet Holdings Inc (Zimmer Biomet), is a medical technology company which designs, develops, manufactures and markets a wide range of medical devices, headquartered in United States of America with global manufacturing and sales reach. Zimmer's product range include the solutions for the treatment of disorders or injuries in bones, joints and supporting soft tissues. It also provides products including sports medicine, biologics, extremities and trauma products; spine, craniomaxillofacial and thoracic products; dental implants; and related surgical products. The report, COVID-19 Impact on Zimmer Biomet Holdings Inc's Revenue and Operations (Medical Devices) presents a deep dive analysis into how Zimmer Biomet Holdings Inc is placed to respond to the COVID-19 crisis, by examining its sector performance and competitiveness.
Scope
The report provides a comprehensive analysis of the impact of COVID-19 on Zimmer Biomet Holdings Inc –
– It provides insights on Zimmer Biomet Holdings Inc's exposure to the regions and businesses impacted by the COVID-19 outbreak.
– It offers an overview of the company’s revenue impact by region and market for 2020 due to the COVID-19 outbreak.
Key Highlights
Zimmer Biomet’s Q2 revenue declined by 38% compared to the previous year. While the Q3 returned to growth by 2%, which looks like a promising outcome towards full recovery.
Zimmer Biomet experienced a downturn in all its segments. However, as elective surgeries have resumed globally in the third quarter, the company was able to shield itself from further revenue slide.
Reasons to Buy
An overview of how Zimmer Biomet Holdings Inc will be affected by the COVID-19 pandemic.
is a medical technology company which designs
develops
manufactures and markets a wide range of medical devices
headquartered in United States of America with global manufacturing and sales reach. Zimmer's product range include the solutions for the treatment of disorders or injuries in bones
joints and supporting soft tissues. It also provides products including sports medicine
biologics
extremities and trauma products; spine
craniomaxillofacial and thoracic products; dental implants; and related surgical products. The report
COVID-19 Impact on Zimmer Biomet Holdings Inc's Revenue and Operations (Medical Devices) presents a deep dive analysis into how Zimmer Biomet Holdings Inc is placed to respond to the COVID-19 crisis
by examining its sector performance and competitiveness.
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