IMPACT OF COVID-19 ON MEDICAL DEVICE INDUSTRY
IMPACT OF COVID-19 ON MEDICAL DEVICE INDUSTRY -By Tanya Agarwal China reported its first case of COVID-19 on December 8, 2019, in the city of Wuhan subsequently first case outside of china was reported on January 13, 2020, in Thailand and from there was no stopping of the widespread of the novel coronavirus. On the 11 th of March, WHO announced COVID-19 as a global pandemic due to expeditious increase in the number of cases outside China. As of late April, over 26,65,000 confirmed cases have been recorded worldwide with 1,845,450 deaths. It has affected almost 210 Countries and territories all over the world, triggering a nationwide lockdown. Economies and human lives around the world are impacted, some of the strongest economies like the USA, Italy, France, UK, Japan and many more are struggling to cope up with the situation in the wake of unrivalled negative demand shock and lockdown of all economic activities across the county to limit the spread of COVID-19. The pandemi