Coronavirus and the Health Care Industry

All You Need to Know About Covid’s Impact on the Health Care Industry

Plunkett Research now provides complete coverage of the Coronavirus’s effects on specific industries, via both our industry almanacs and our Plunkett Research Online system.

The Coronavirus pandemic created new risks for patients and care givers alike. Significant new safety practices and costs will be standard for years to come—perhaps forever. Vast new demand for PPE (personal protection equipment) such as masks, pulmonary drugs and support such as ventilators, and access to ICUs (hospitals’ intensive care units) was created. Meanwhile, cooperation by and between federal agencies and private companies soared in an effort to remove all unnecessary obstacles to new drug and vaccine development.

Both patients and care-givers changed their habits as well. Many care-givers’ offices were closed temporarily, while doctors took advantage of high-speed internet and web-conferencing equipment to deliver care via telemedicine. In fact, telemedicine, long suffering from slow adoption, soared, and is now firmly entrenched as an acceptable and effective practice. Elective surgery was delayed or cancelled.

The economic consequences to the health care industry were dire. The U.S. health care industry suffered a stunning job loss of 1 million workers from February through September 2020. At the same time, millions of workers lost their jobs in other industries. As a result, vast numbers of Americans have lost their employer-provided health care insurance, and that loss will be long-term for many of them.

Plunkett Research, Ltd. is the leading provider of industry sector analysis and research, industry trends and industry statistics. Both our Plunkett Research Online and our 2021 Industry Almanacs feature coverage of the Coronavirus’s effects on specific industries. Our research reports and online subscription service are used by the world’s top corporations, consultants, universities, libraries and government agencies.
Plunkett’s products save time and effort when you need competitive intelligence, market research, vertical industry marketing data, or industry trends analysis. We cover such vital industry sectors as health care, financial services, retailing, entertainment, energy and information technology.

For everything you need to know about the global Health Care sector, see:
Plunkett’s Health Care Industry Almanac 2021
 

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Available to Plunkett Research Online subscribers
See more information about the online edition here.

Also available in Almanac Editions.
Publication Date: October 2020 | Price: $379.99
Printed ISBN: 978-1-62831-585-1
eBook ISBN: 978-1-62831-891-3
See the complete listings of book contents and details here.