After Math of Covid On Various Aspects

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AFTERMATH OF COVID

HEALTHCARE
AFTER COVID-19
REGAIN AND REBUILD TRUST IN
HEALTHCARE
• The stature of a doctor declined in the last few decades; high medical costs, inadequate
counselling, sub-optimal communication, etc
• This Crisis was the golden opportunity for doctors to regain that same old respect as the
healer of humanity
• A good doctor needs to strike a balance between the preferential conservative and
selective aggressive approach, depending upon clinical presentation, patient
preferences, clinical acumen and scientific evidence.
• Darwin’s theory of ‘survival of the fittest’ and mechanism of ‘natural selection’ will
continue to govern our survival. It is important to accept that even the biggest doctors or
costliest of healthcare systems cannot challenge these laws.
WHAT’S NEXT!

• The pandemic has drastically altered our perception of health priorities in India and
indeed the world over. It has changed the way we look at technology for not just curative
but also preventive aspects of health.
• Creating an ecosystem for innovation needs to be a holistic and dynamic process.
• Ex: The Rockefeller Foundation’s is establishing a thriving ecosystem for integration
of Artificial Intelligence (AI) into healthcare was recently recognized as a leading
collaborative effort by the Asian Ventures Philanthropy Network as a 2020 Constellation.
• The International Innovation Corps, that embed themselves within government
departments to leverage the rigor of their young professionals to overtime create cultures
of innovative thinking in governments is exemplary.
CONCLUSION

• In conclusion I will like to just say that the medical industry and the
healthcare world over will see a drastic change in efficiency,
technology and new skills
The Implications of
COVID-19 for Mental
Health
Average Share of Adults Reporting Symptoms of Anxiety Disorder and/or
Depressive Disorder, January-June 2019 vs. January 2021
Average Share of Adults Reporting Symptoms of Anxiety Disorder and/or Depressive Disorder, January-June 2019 vs. January 2021

41.10%

11.00%

Jan - Jun, 2 01 9 Jan- 21


Prevalence of Mental Illness and Substance During the
Pandemic on

Share of Adults Reporting Symptoms of Anxiety


 Young adults(ages 18-24) and/or Depressive Disorder During the COVID-19
 Adults in households Pandemic, by Age
 Essential workers
Adults 65+
Adults 18-24

Adults 50-64

Adults 25-49
WORLD ECONOMY
IMPACT OF COVID-19 ON MSMEs
What are
MSMEs?
• Micro, Small and Medium Enterprises.

• MSMEs are called Micro units if they have


investments up to Rs 1 crore and turnover of less
than Rs 5 crore.

• For an MSME to be defined as a Small unit, its


investment limit has been raised from Rs 5 crore to
Rs 10 crore with a turnover of less than 50 crore.

• Enterprises with investments up to Rs 20 crore


with a turnover of less than Rs 100 crore are called
Medium units.
• MSME sector in India is second largest
employment generator after agriculture.

• The estimated number of MSMEs in


India is 63 million and employs 110
million individuals.

• MSMEs contribute about 29% to


overall GDP and 48.56% of total export .
•Impact on income mainly due to
liquidity crisis.
•Enterprises working in essential
commodities are least affected.
How has Covid- •Enterprises shifting focus from
non-essential commodities
19 affected towards essential commodities.
MSMEs? •Supply chain problems in remote
areas.
•Shortage in demand.
Travel and
Airline industry
after Covid*
Before Covid
And then this happened

• Downsizing Everywhere
• travel was almost completely and globally shutdown
• Govt aided relief packages to avoid recession

This Photo by Unknown Author is licensed under CC BY-SA-NC


How do airlines make money in 30 seconds

MOST OF REVENUE IS GENERATED BY ECONOMY SEATS-UNFORTUNATELY- CUSTOMERS WHO CHOOSE TO


THE PREMIUM SEATS OF THE PLANE ARE ONLY THERE TO FILL UP THE TRAVEL IN PREMIUM ARE LARGELY
EMPTY SPACES BUSINESS ASSOCIATES
A vast majority of profit
comes from a minority of In 1 sentence!
passengers
There are certain speculations that
companies are less likely to spend
thousands of dollars on plane tickets
now that they know it all could be
Covid may done via a simple zoom call.
have
changed Also there is a lot of pressure from
Everything! climate activists to minimize the
carbon footprints of large
companies and cutting down on air
travel plays a huge role
Airline industry (largely) got through

• But they were(and still are)barely


even profitable.
• Befriended cargo
• Befriended data(even more)
The future

AIRLINES ARE NOW MORE MORE INNOVATIVE MORE AGILE


DATA DRIVEN THEN EVER
Pandemic forced cinemas to shut
down!

“Cinemas have got the brunt –we were


the first to shut and will be the last to
reopen. It has been a very difficult year for
all of us. I don’t think anyone has ever
imagined to have zero revenues for whole
quarter.”-Alok Tandon , The CEO of
multiplex chain in inox.
RISE OF OTT PLATFORMS
ALTBalaji witnessed a considerable rise in digital subscriptions with an average of 17,000
subscriptions being added per day post the announcement of lockdown in the country, as against an
average of 10,600 in March 2020 before the lockdown, which corresponds to a dramatic growth of
roughly 60%. Only a month after India went into a nationwide lockdown

2. No. of Subscriptions, OTT Video Sector (In


1. Traffic by Geography, OTT Video Sector million)
Primary streaming services – Rise in Traffic
The Change – Offline
to Online
The life after COVID has been miserable as well as beautiful in some ways.
Although it destroyed the lives of many, it also taught us how to live life in a
different manner independently improving our skills in many more sectors.
COVID had shifted the major offline sectors to online platforms which heavily
include education, business, shopping, etc. about which we will talk later as we
move ahead. The social media showed a spike of 300% in overall screen time.
It had permitted us of social distancing. 9 in 10 consumers have changed their
traditional shopping habits. We’ve not only been given a chance to rethink the
education sector, but also the opportunity to visualize how it can evolve in
tandem with our changing world. Life has changed for us all as we emerged
from the coronavirus shadow, but one thing is certain: we will all have more
technology at the end. And if the lockdowns have taught us anything, it is that
when it comes to the digital world, the possibilities are endless.
• The shift from offline to online had been an emergency response, and there had been a digital transformation all
around. Online adoption has been at a break-neck speed, and learners have moved online. Whether it is language
apps, virtual tutoring, video conferencing tools, or online learning software, there has been a significant surge in
usage since COVID-19 has shown its presence. One thing is for sure, online education is growing and maybe it is here
to stay.
• Overall customer response to shopping services has exceeded expectations. As news of COVID-19 spread and as it was
officially declared a pandemic by the World Health Organization(WHO), people responded by stocking up. They
bought out medical supplies like hand sanitizer and masks and household essentials like toilet paper and bread. Soon,
both brick-and-mortar and online stores were struggling to keep up with demand, and price gouging for supplies
became rampant.
• Online gaming industry had seen record numbers of players during the pandemic as a popular activity to
counter physical distancing for society , a practice recommended by the World Health Organization which helped
boost revenues for many companies in the gaming industry. The main digital storefronts for personal computer video
games saw over 23 million concurrent players during March 2020, surpassing all previous records, just after the
lockdowns were imposed. While the streaming service saw over three billion hours of content watched over the first
quarter of 2020.

“Will the shift from offline to online go back to normal after COVID-19, or is this really the new
normal?” 
THANK
YOU

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