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Hospital interest in patient monitoring tools rising, survey finds

February 9, 2021

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.

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