Our COVID-19 forecasting methodology takes into account the following factors, which have been identified as critical factors determining market impact and recovery:
duration of pandemic and resulting governmental directives and social distancing measures, including for variants of concern
macroeconomic factors, including GDP trends and unemployment rates
procedure electiveness—based on recommendations and guidance from relevant organizations and physician societies— as well as patient profiles and associated mortality rates
COVID-19 case load by country, vaccination rate, and infection-fatality ratio by country
health care facility factors, including personnel availability, facility capacity, facility bankruptcies, purchasing capacity, COVID-19 related expenses, and expenditure growth trends
capital equipment lifespans, replacement cycles, and relative importance/prioritization during the pandemic