Having seen a resurgence of Covid-19 cases since lifting lockdown measures, the state of Texas has now thrown itself into partial reverse, banning elective surgeries at some hospitals to increase emergency capacity. Other states are likely to follow this lead, spelling yet more tough times for orthopaedics companies. With nearly 33,000 cases reported in the past week, according to the CDC, Texas is second only to California on this measure; Covid-19 infections are also rising fast in Florida, Arizona and North Carolina, which could also see legal moves to postpone less urgent procedures. Analysts from Bernstein point out that, because the Texas halt was instituted by a Republican governor, it will be politically easier for other Republican governors to institute similar lockdowns. Florida and Arizona are both governed by Republicans, and also have relatively large populations of seniors who require exactly the sort of surgeries that can be put off. According to Stifel, orthopaedic surgeons believe that volumes of total joint replacement will be some of the slowest to return to normal. If they are right, companies including Zimmer Biomet and Stryker could be most exposed, EvaluateMedTech data show.
| US states with biggest increases in Covid-19 cases | |||
|---|---|---|---|
| State | Total cases | Total deaths | Cases in past 7 days |
| California | 190,222 | 5,632 | 36,662 |
| Texas | 125,921 | 2,249 | 32,715 |
| Florida | 106,743 | 3,281 | 28,615 |
| Arizona | 59,974 | 1,463 | 20,877 |
| North Carolina | 56,174 | 1,271 | 10,321 |
| Source: CDC. | |||
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