Coronavirus (Covid-19) Executive Briefing
Understanding the economic impact of the Covid-19 pandemic and the implications for the healthcare sector
- ECONOMIC IMPACT -
Economists and institutions have cut their forecasts and experts are predicting the potential onset of recessionary environments.
Global companies are also concerned about the rising risk of Covid-19, with thousands of the world’s leading companies explicitly mentioning its impact on their business in their latest company filings.
HSBC revised its global economic growth forecast for 2020 to -4.8% in May from -3.3% in April.
Global economic output will fall by $8.5tn over next two years, according to the United Nations World Economic Situation and Prospects.
Impact of Covid-19 on asset prices
- SECTOR IMPACT: MEDICAL -
As of 05 June 2020
Capnographs market impact
The capnographs market has had a sudden surge in 2020 due the rapid rise of COVID-19 cases globally. The market was valued at $520.1m before the pandemic, growing at a modest compound annual growth rate of 2.8%.
36,000 -> 48,000
Cancer Care Ontario reported that there were just over 36,000 CT scans done in Ontario between March 15 and May 10 of this year, compared to just over 48,000 during a similar time frame last year.
Respiratory devices market impact
GlobalData’s forecast CAGR of the infusion systems market by 2025. The market is expected to reach $9.6bn in 2020.
Key mediCal market developments
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