This sudden pandemic has created much havoc and panic across the world and is still accelerating its spread in over 197 countries and territories. With more than 400,000 reported cases, this virus has hit industries at an all-time low!
According to the United Nations, global economies have already been shaken under the impact of this “Doomsday scenario” and might as well take a hit of $2 trillion. Industries are trying to combat the situation by planning a robust business continuity plan and assisting various governments to flatten the curve for containment of the virus.
How BIS Research is Responding to This Pandemic!
Healthcare stakeholders are on the front lines of the COVID-19 outbreak, but this pandemic has affected more than just people’s businesses. As a leading market intelligence provider, our team at BIS Research has pledged to come up as a credible source of all the information related to the impacts on the several industries due to this outbreak.
Insight Monk, our deep tech ecosystem, is working on providing a community for scientists, researchers, and business leaders and bringing out effective solutions and strategies to rise out of these times of global crisis.
This dramatic spread of the deadly coronavirus has allowed companies and organizations from various industries to find innovative methods to survive in the market. Following are a few key highlights:
Unilever, a world’s leading soap company, has recently committed to providing free sanitizer, soap, bleach, and food, which value over €100 million.
AstraZeneca PLC has announced the donation of 9 million face masks in an attempt to support healthcare workers in this fight against the COVID-19 pandemic.
Several fashion and beauty brands are shifting gears and providing aid for the healthcare network to meet the demands. For example, Kering SA, which owns luxury fashion labels Balenciaga and Saint Laurent, has requested its factory operation to produce surgical masks. Inditex, which owns fashion retailer Zara, is converting parts of its textile unit to manufacture hospital gowns. In addition, luxury firm LVHM, which owns Louis Vuitton, Bulgari, and TAG Heuer, is utilizing its perfume infra to make hand sanitizers.
Meggitt, an aerospace manufacturer, and several automotive companies such as Nissan and McLaren, are focusing on developing a ventilator prototype and assist the healthcare industry for sophisticated devices.
3D-printing companies, such as HP, Carbon, Prusa Research and Formlabs, are also accelerating their efforts by manufacturing medical face shields, hands-free door openers, and adjusters for face masks for medical staff.
Market studies that can bolster the research of a solution for COVID-19
