The feedback from hospitals purchasing executives, gathered in the fourth quarter of 2020, shows capital equipment budgets remain resilient in the face of COVID-19.
Most purchasing executives expect their capital budgets to grow rather than shrink: 64% of managers predict a bigger budget, while only 18% look for a decrease and 17% foresee a flat budget, UBS found. Among the managers anticipating budget growth, 29% see an increase in the 5% to 10% range and 16% are expecting a 10% to 20% boost.
