The COVID-19 epidemic and quarantine have changed the
worldwide economy and lots of industries in only a few of weeks. The previous
couple of weeks are a systemic shock for nearly every company within the
world.COVID-19 has changed many aspects of our economic and social systems,
leading to significant changes within the operations of companies round the
globe. While many industries are negatively impacted by this COVID-19 pandemic,
the challenges raised by it provide opportunities for a couple of industries
that are seeing an increase in demand for his or her goods and/or services.
Below are a few areas where growth and investment opportunities
lie.
1. Diagnostics
As the world fights the novel coronavirus outbreak,
healthcare infrastructure and testing capacities have seen immense strain in
efforts to stop community transmission. Testing capacities for SARS-CoV-2are
inadequate worldwide, and different companies are engaged in providing support
within the sort of training, technical assistance, and capacity building with
an aim to enable access to accurate and high-quality diagnostics, microbiology
tests, and screening for SARS-CoV-2.
2. Biologics Safety Testing Products
The molecular point-of-care test for the detection of
COVID-19 are often used for rapid testing at the front lines. The test delivers
fast leads to a good range of healthcare settings, like physicians’ offices,
urgent care clinics, and hospital emergency departments. These testing products
are valued by clinicians and therefore the scientific community for his or her
high degree of accuracy. Portable molecular tests provide swift results for the
qualitative detection of novel coronavirus infections.
3. Defense Equipment
During this pandemic, security companies, police
departments, the military, and other entities are working hard to take care of
law and order. While healthcare personnel take steps to arrest the spread of
the deadly coronavirus, these professionals need security devices, firearms,
ammunition, small arms, and similar equipment to stay the peace. it's been
noted that sales for military devices round the world have increased.
4. Cybersecurity
As the novel coronavirus crisis continues to succeed in
various geographical locations and affects the operations of their government
and businesses, cybersecurity remains a key requirement. the utilization of electronic
devices by businesses and government departments handling sensitive information
is at an all-time high. At an equivalent time, there's a requirement for
corporate assets to support remote working arrangements through the right
deployment and configuration of remote services, corporate VPNs and two-factor
authentication methods.
5. Home Delivery
The sudden rise recorded in demand for home delivery
services are often attributed to several people staying indoors and practicing
social distancing. The introduction of contactless delivery methods has ensured
that these services are safe and convenient for patrons , delivery persons, and
restaurants & related businesses. Providers like Deliveroo, Postmates,
JustEat, Delivery Hero and UberEats have recorded a rise in demand for his or
her services.
6. Biometrics
Facial &voice recognition and mobile biometrics still be
implemented round the globe so as to support social distancing & work from
home for the reduction of COVID-19 transmission. In such times, touching any
public devices may threaten our very lives, creating a requirement for
touch-free authentication methods. Advanced biometrics-based authentication
solutions eliminate the necessity for physical contact with shared devices.
7. LEDs
Deep ultraviolet LED arrays are helping quell the
coronavirus epidemic. Emitter array skill not only antibiotic-resistant germs
like MRSA but also dangerous viruses like the novel coronavirus (SARS-CoV-2).
This technology is employed to decontaminate doctors and support staff once
they enter or leave isolation wards in their communicable disease protective
clothing.
8. Over-the-counter Drugs
This pandemic has boosted demand for medicines including OTC
and other common drugs. OTC drug development will help enhance and safeguard
public health during this emergency.Demand for OTC medications has increased as
retailers rush to refill medicines that help affect the symptoms of COVID-19.
9. E-commerce
As the COVID-19 pandemic initially spread, people began
responding by stocking up essential goods. Such instances of ‘panic buying’
resulted during a boom for internet shopping sites and opened new opportunities
for online retailers, supermarkets, grocery stores, order management solution
providers, and other similar businesses. Medical supplies and household
essentials are seeing increased sales via online mediums.
10. Personal Protective Equipment
Disposable masks for clinical or personal use are wearable
air purification devices that cover the mouth and nose. These masks are an
honest method for preventing the inhalation of airborne viruses, including the
novel coronavirus.The demand for wearable air purification devices is predicted
to rise substantially thanks to the present global pandemic.
11. Packaged Food
Many consumers are stocking abreast of packaged foods to be
used during isolation. an increase has been recorded in demand for ready meals,
processed foods, organic packaged foods, and prepacked foods. the security
& preservation measures taken by packaged food manufactures ensures the
prevention of foodborne illness and no matter long storage times.
12. Protective Gloves
As the novel coronavirus spreads round the world, demand for
disposable gloves for private and clinical use has increased.Surgical gloves
can help protect individuals from COVID-19, especially those that use public
facilities or engage in activities that cause coming into contact with
potential contamination. Many countries face a severe shortage of protective
gloves thanks to a sudden spike in requirements during this crisis.
13. Logistics
The transportation of products remains authorized across
jurisdictions worldwide. However, the pandemic has had an immediate impact on
freight capacities, rates, speed of processing operations, and delivery times.
The movement of products has stopped in many regions. to satisfy the demand for
essential goods during this pandemic, the worldwide logistics industry must
expand its infrastructure for trucking, warehousing, parcel delivery,
fulfillment, pallets, transportation security, and related services.
14. Ventilators
As the coronavirus crisis accelerates globally, the planet
needs more ventilators to fill the gaps in critical-stage healthcare. However,
the assembly of ventilators is more complex than it seems to the layman,
resulting in a scarcity of ventilators in hospitals immediately .A drastic
shortage of ventilators remains an imminent threat in many parts of the planet
. because the main symptoms ofCOVID-19 are respiratory, ventilators,
spirometers, oxygen concentrators, and other breathing devices are needed to
regulate the oxygen and airflow from the patient’s lungs.
15. Telehealth
With social distancing quickly becoming a crucial step
within the fight against COVID-19, telehealth is increasingly being seen as a
key technology for efficient and safe communications between clinical services
and patients. With an important shortage of healthcare professionals in many
parts of the planet and imbalances at the frontline of the COVID-19 epidemic
response, telehealth can play an immediate role in managing demand for
healthcare services worldwide. a rise are often seen in demand for electronic
and online health services like telemonitoring, health apps, and healthcare
software.
16. Vaccines
Several pharmaceutical companies are within the race to get
a vaccine for COVID-19. These companies need information about virology,
antivirals, data on the viral structure, virus removal and inactivation
solutions, drug delivery and testing tools, and personnel to assist with
licensing and related activities so as to make a vaccine which will reduce the
morbidity and mortality of the disease. A vaccine might be a game-changer
within the fight against COVID-19.
17. Videoconferencing
Companies have seen a sudden spike in demand for
telecommunication solutions since the novel coronavirus began spreading
globally. The sudden rise in teachers, corporate employees, and other
professionals performing from house is driving demand for videoconferencing,
online collaboration tools, WebRTC, Mobile VoIP, and chat systems. Lockdown
orders across the world also are boosting demand for these solutions as
companies rush to make sure minimal impact of the pandemic on their
productivity.
18. Social Media
People are staying reception and have many time to consume
digital content. As a result, more people are engaging with social media
platforms like WhatsApp, Twitter, Facebook, and Instagram so as to remain
connected with friends and family while in self-isolation. This has led to
social media companies showing a big increase in worldwide usage.
19. Video on Demand
With people across the planet seeing lockdowns and social
distancing measures take hold over their lives, home entertainment companies
like Netflix and other video-streaming services, YouTube, online television,
and videogames are seeing increased demand, especially by teenagers and young
adults.
20. computer game
Virtual reality (VR) solutions allow users to ‘walk into’ anyplace, real or fictional, from the comfort of their home. VR and other new-age technology are seeing a pointy increase in demand during the COVID-19 outbreak. Companies providing VR solutions and related goods and services are speeding up their product lines thanks to unprecedented demand for computer game , augmented reality (AR), simulation, mobile augmented reality and mixed reality (MR) technology.
