Answer:
The medical technology sector has experienced a substantial impact as a result of COVID-19. Many medical device makers have stopped developing new products and slowed down production of some types of medical equipment and devices as a result of the infection. Additionally, COVID-19 has occasionally caused an all-time peak in demand for specific medical products.
MAJOR IMPACT :
->The COVID-19 has had a considerable effect on the medical technology sector, and more specifically, manufacturers. As was already indicated, several gadget manufacturers were forced to suspend production, postpone the creation of new products, and slow down sales. The medical technology sector is probably going to be affected by these changes in the long run.
->Hospitals and health systems have been influenced by COVID-19 in a number of ways. Numerous elective surgeries have been delayed or cancelled as a result of the illness. The cost of medical care has increased as a result of the necessity for many institutions to develop safety guidelines for the use of medical technology.
Hope it helps! :)