The Coronavirus’ Effect on the Health Care Industry, Business and Industry Trends Analysis

The Coronavirus outbreak caused havoc within many parts of the health care sector.  Elective surgeries and doctor visits were curtailed, while telemedicine boomed.  Shortages of protection gear like face masks and rubber gloves arose.  Coronavirus-specific treatment wards and intensive care units sprang up within hospitals, and many were quickly overwhelmed.  Health systems could not return to somewhat normal operations until the spread of the Coronavirus peaked, and tens of millions of people were vaccinated. The pandemic created immense demand for preventative vaccines, and also for treatment therapies for patients suffering from the virus.  Billions of dollars are being invested in…

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