30 Industries Experiencing Demand Growth Due to the Coronavirus (COVID-19) Pandemic - ResearchAndMarkets.com

DUBLIN, Ireland, April 06, 2020 (GLOBE NEWSWIRE) -- COVID-19 will change the future of your organization. In just a few weeks, the pandemic has transformed the global economy and its effects have been felt by every industry. While many industries have been badly damaged by COVID-19, others are experiencing unexpected growth.

As the world’s largest online market research store, we have identified thirty areas seeing growth and investment opportunities:

1 Personal Protective Equipment
The World Health Organisation estimates that 89 million medical masks will be required every month during this crisis, yet many countries are facing a severe shortage. They estimate a 40% increase in manufacturing to meet this new demand. Gloves, hazmat suits and other health protective gear will also be urgently needed.

2 Remote Learning
To avoid the human crowds that can spread disease, schools at all levels – for children and adults alike – are switching to an online model. This threatens to collapse the increasingly expensive model of traditional colleges and leave the market wide open for video streaming, educational software, home-schooling, game-based learning and other remote-learning innovations.

3 Telehealth
During a crisis that threatens to overwhelm the healthcare system, more consumers will turn to any electronic and online means to monitor their health and seek treatment, including telemonitoring, health apps, and various healthcare software and web services. Online health consultant companies like Dialogue report a surge in customer interest in the last two weeks, causing them to almost double their number of employees, and medical app InkBlot has seen a 200% increase in demand.

4 Thermal Scanners
Temperature scanning technology is vital in hospitals, to monitor a pandemic characterised by fever, but also in airport security at a time when borders are being monitored. Companies like Ramco are combining thermal sensors with facial recognition as a contactless alternative to less sanitary forms of personal identification.

5 Vaccines
Dozens of companies around the world launched into a global race to find a COVID-19 vaccine, and pharmaceutical companies will need immediate information in virology, antivirals, virus removal and inactivation, drug delivery and testing, and licensing. Medical professionals will require information on respiratory diseases and infection, and officials at all levels will need the best inside information the moment it becomes available.

6 Ventilators
COVID-19’s main symptoms are respiratory, so ventilators, spirometers, oxygen concentrators, and other breathing devices are seeing a sudden demand. Ventilator manufacturers like Airon, which ordinarily sell 50 a month, are getting orders for thousands and aren’t able to fulfil them all.

7 Videoconferencing
Companies scrambled to meet the sudden demand for telecommuting options during the onset of the COVID-19 pandemic, creating an immediate and widespread need for video conferencing, certification services, mobile network equipment, terminals and software, as well as VPNs and other security measures. The video-conferencing company Zoom saw its shares double since the start of the outbreak in December, making it now worth more than Uber and Lyft combined.

8 Video On Demand
Perhaps the most obvious beneficiary of the current situation has been home entertainment companies like Netflix and other streaming services, to the point that Youtube and Netflix have reduced image quality to help internet providers cope with the surging demand for bandwidth. Online subscription companies, video-on-demand, livestreams and other such services will continue to flourish in the months ahead.

9 Virtual Reality
With a new interest in home entertainment of all kinds, this is an opportunity for creators of virtual and augmented reality systems to promote their products.

10 Workplace Chat
Workplace chat solutions like Slack, Troop Messenger and Brosix offer a fast and convenient way to communicate with colleagues. As an increased number of companies switch to remote working to limit the risk of infection, they are relying more and more on workplace chat to facilitate communication and collaboration between team members.

Above are ten areas seeing an unexpected rise in demand. To see the full list, please go to: 30 industries seeing a surge in demand due to the COVID-19 pandemic

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