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Showing posts from May, 2020

COVID-19 Impact on Critical Care Equipment Market worth US$ 40,378.7 million by 2020

Critical care equipment such as a ventilator, volumetric infusion pump and oxygen delivery system is either utilized during surgery or in Intensive Care Units, known as ICU to support the patient. This equipment help stabilize the airway, breathing, and circulation of patients and keep a close check on them. The rising prevalence of chronic medical conditions was one of the reasons for the boost of the critical care equipment market. However, in 2020 the scenario changed with the spread of a new disease known as COVID-19. As of May 20th 2020, more than 5.08 million people across the globe have been sickened and more than 329,239 have been decreased due to Coronavirus. The number of COVID-19 cases in the US as of May 20th 2020 has surged to 1.59 million, followed by Russia with 0.308 million and Brazil with 0.293 million. Rising COVID-19 cases will fuel the adoption of clinical care equipment as it has spread across the world, the Intensive Care Unit (ICU) community must prepare for the...

COVID 19 Impact on Global Automobile Sector

The outbreak of COVID-19 was identified in China in Dec 2019. However,  the spread of Coronavirus does not remain limited to China,  more than 175 countries and territories have reported cases of COVID-19. As of 14th April, 1,812,734 are confirmed infected cases of COVID-19, while 113,675 have lost their lives. Covid-19 has a shocking effect on the world’s economy. Almost all the industries from manufacturing to service are hardly affected by the outbreak of the pandemic. Talking of the impact on the Automobile sector, 80 percent of automotive and related companies reported that coronavirus will have a direct impact on their 2020 revenues. 78 percent of companies do not have enough staff to run a full production line. The Automobile sector is directly or indirectly affected by the Republic of China for automobile parts and tyre imports. Due to the outbreak of COVID-19 in China, Many factories have shut down and while some have resumed partially, utilization remains low. So i...

COVID-19 Impact on Consumer Behavioral Changes For Online Shopping

Since the start of the global pandemic Covid-19, the countries have started to enter into a complete lockdown situation, which mean limiting the public outing, public gathering and so on. Due to this very measure taken by the governments around the world we have seen a major shift in the shopping behavior of the consumers, as the shopping mall get closed and people have very limited access or even no access to shops. And due to this very fact the Ecommerce shopping is gaining growth in the sales numbers day by day. People are shifting from bulk buying behavior to online shopping, they are even changing what they’re buying, when they buy, and how they buy. The COVID-19 pandemic has accelerated the significance of online channels. Today, consumers consider online as their primary shopping channel and this will persist in the immediate future. In that digital-first environment, operational agility, flexibility and consumer engagement assume huge significance. According to Capgemini Resear...

Global Hand Sanitizer Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026

As the coronavirus outbreak wreaks havoc around the world, infecting more than 3 million people globally, the severe shortage of hand sanitizers can be witnessed. COVID-19 is known to affect the respiratory system of the patient who is required to be put on a ventilator. However, as precautionary measure usage of hand sanitizers has been promoted extensively during the outbreak of COVID-19. Hand Sanitizer constitutes to be an alternative as well as an antiseptic solution that can be used in place of soap and water. Consumer inclination towards health & wellness in the outbreak of COVID-19 has tremendously catalysed the demand for hand sanitizers across the world. Furthermore, improvement in living standards, rising healthcare expenditure and support from various organizations such as WHO, FDA to enhance the production of the respective products by non-licensed manufacturers as well as beauty and personal care companies have further boosted the demand for hand sanitizers across the ...

Hand Sanitizer Market Experience A Significant Impact In 2020 Influenced by COVID-19 Pandemic

Global hand sanitizer Market was valued at US$ 2,615.4 1 million in 2019 and is anticipated to witness a very high growth in 2020 and would reach a market size of US$ 15,352.6 million by the end of 2020. Further the market is expected to witness a CAGR growth of 9.15% during 2021-2026 period.  Coronavirus disease (COVD-19) has turned out to be an infectious disease that has been caused by a newly discovered coronavirus. Most people fall sick with the disease are expected to experience mild to moderate symptoms and recover without special treatment. COVID-19 is mainly transmitted through droplets generated when an infected person coughs, sneezes, or exhales. These droplets are too heavy to hang in the air, and quickly fall on floors or surfaces. The person can be infected by breathing in the virus if the infected person is within close proximity of someone who has COVID-19, or by touching a contaminated surface and then eyes, nose or mouth. Hence, just as a precautionary measure, ha...

Healthcare Personal Protective Equipment (PPE) Market Experience A Significant Impact In 2020 Influenced by Covid-19 Pandemic

The healthcare workers rely on personal protective equipment to protect themselves and their patients from being infected and infecting others. But shortages of such PPE are leaving doctors, nurses and other frontline workers dangerously ill-equipped to care for COVID-19 patients, due to limited access to supplies such as gloves, medical masks, respirators, goggles, face shields, gowns, and aprons. The World Health Organization has warned that severe and mounting disruption to the global supply of personal protective equipment (PPE) caused by rising demand, panic buying, hoarding and misuse is putting lives at risk from the new coronavirus and other infectious diseases. As the number of COVID-19 cases continues to grow worldwide, political leaders are encouraging physical (or “social”) distancing to slow the rate of transmission. The goal of this practice is to flatten the curve of a new infection, thereby avoiding a surge of demand on the health care system, but the effects of physica...