diagnostic technology filling out its array of diagnostics technologies. However, core laboratory diagnostics sales growth was negatively impacted by lower routine diagnostics testing volumes.ĭue to the negative business impact of COVID-19, both cardiovascular and neuromodulation businesses were negatively impacted by reduced procedure volumes due to the pandemic. Abbott India Stock Price Analysis and Quick Research Report. Rapid Diagnostics experienced a growth in sales by 83.2% because of the strong demand of the Abbott’s POC ID NOW COVID-19 molecular test. Molecular diagnostics saw 313.1% growth in its third quarter due to the launch of critical new tests for COVID-19: Abbott's laboratory-based molecular tests for COVID-19 on its m2000™ and Alinity™ m platforms. – It offers an overview of the company’s revenue impact by region and market for 2020 due to the COVID-19 outbreak.Ībbott reported third-quarter worldwide sales increased 9.6% with diagnostic sales increased 38.8% and medical devices sales increased 3.4%. – It provides insights on Abbott Laboratories's exposure to the regions and businesses impacted by the COVID-19 outbreak.
The report provides a comprehensive analysis of the impact of COVID-19 on Abbott Laboratories –
The report, COVID-19 Impact on Abbott Laboratories Revenue and Operations (Medical Devices) presents a deep dive analysis into how Abbott Laboratories is placed to respond to the COVID-19 crisis, by examining its sector performance and competitiveness. It also provides biologic solutions for the dental markets. Its main product lines are nutritionals for. Abbott's product range includes Continuous Glucose Monitoring Remote Heart-Failure Monitoring Chronic-Pain Devices Blood and Plasma Screening Point-of-care Testing Adult and Pediatric Nutrition and also serves in providing the solutions for the treatment of heart failure heart valve disorders diseases of the coronary artery and other heart related diseases. Abbott Laboratories is a diversified healthcare company that develops, manufactures and markets a wide range of medical products and services. Abbott is a medical technology company which designs, develops, manufactures and markets a wide range of medical devices, diagnostics, nutritional and generic medicines products, headquartered in United States, with global manufacturing and sales reach.
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