The widespread infection of the novel coronavirus has affected more than a billion lives, as well as challenged trade worldwide. In the first quarter of 2020, economies have significantly suffered due to complete or partial lockdowns by governments across the world. All the industries have taken toll of the losses incurred due to the outspread of COVID-19 and are now planning their way out of challenges imposed due to pandemic. One such sector is the aerospace and aviation industry, which has witnessed a massive reduction in the international passenger traffic in 2020 as compared to previous years.
Within a few months after the register of its first case, the fast-moving novel coronavirus has affected the world in unimaginable ways. While industries are planning to recover in Q3-2020, the automotive industry has experienced the worst-case scenario, as 80% of the world’s auto supply chain is connected with China and has been shut down since the start of 2020. Even the manufacturing sites in Europe and North America are heavily dependent on Asian manufacturing factories for vehicle components and sales and have experienced a decline in demand.
Recent research studies have observed that intraoperative MRI in operating rooms helps in improving the overall health of the patient as it reduces the resection rate along with the required stay time in the hospital. Intra-operative imaging is a modern tool that provides high-resolution real-time images that enhance the overall monitoring at the time of the surgical procedure. Today, several hospitals and institutions are opting for the updated intraoperative imaging systems to reduce the cost of surgery.
Novel coronavirus or COVID-19 is a type of single-stranded RNA (ssRNA) virus, which, like any other virus, binds itself to the host receptor present on the surface of the target cell to evolve and spread infection.
Blockchain technology is a distributed ledger, wherein records of transactions is being recorded with the help of peer-to-peer network and entries once entered are difficult to change. The technology brings in transparency to the entire system, where it is being used. Owing to this safety feature many advocate and promote the use of blockchain technology across industries, and especially for healthcare, as multiple number of health records that have to be maintained for a patient.
Surgical robotics, being one of the emerging research areas in the healthcare ecosystem introduced in the 20th century, is a leading contributor to the global healthcare robotics market.
The impact of the COVID-19 pandemic across industries globally continues to surface, and they’ve readjusted their operations to tackle the challenges. As on 17th June, there have been more than 8.1 million reported cases of COVID-19 in more than 185 countries and nearly 445,000 deaths. Within the healthcare sector, the life sciences industry has been directly hit by the COVID-19 outbreak, and companies around the world are rooting for the development of the potential vaccine.