"World Health Organization lists 41 research groups and pharmaceutical companies currently working to develop a vaccine. US National Institutes of Health at Moderna, a biotech based in Cambridge, DIOSynVax, U.K., Imperial College London and many others are working for the development of vaccine"

COVID-19 is a disease that is caused by a new strain of coronavirus which has been started spreading from Wuhan city of China. The COVID-19 virus is a new virus linked to the same family of viruses as Severe Acute Respiratory Syndrome (SARS) and some types of common cold. This virus gets spread with the direct contact with infected person, or by touching surfaces contaminated by virus. Due to its effects on immune system, this virus generally attacks older people and people having pre-existing medical conditions.

Currently there is no vaccine available for COVID-19, however treating early symptoms can help in treating it. The COVID-19 virus is spreading at a faster pace currently with total confirmed cases up to 1.2 Million. The outbreak was declared a Public Health Emergency of International Concern on 30 January 2020.

Key Segment:

By Medical Device:

• Testing Kits
• Thermal Screening Devices
• Medical Supplies
• Others

By End-User:

• Hospitals and Clinics
• Research Institutes

Market Trends

No pharmaceutical products have yet been shown to be safe and effective for the treatment of COVID-19. However, a number of medicines have been suggested as potential investigational therapies, many of which are now being or will soon be studied in clinical trials, including the SOLIDARITY trial co-sponsored by WHO and participating countries. In many countries, doctors are giving COVID-19 patients medicines that have not been approved for this disease. The use of licensed medicines for indications that have not been approved by a national medicines regulatory authority is considered “off-label” use.

There are many companies and research institutes doing trials for development of vaccine, In total, the World Health Organization lists 41 research groups and pharmaceutical companies currently working to develop a vaccine. US National Institutes of Health at Moderna, a biotech based in Cambridge, DIOSynVax, U.K., Imperial College London and many others are working for the development of vaccine.

Report Coverage

The report study will be providing comprehensive information on COVID-19, its impact, clinical trials, stages of clinical trials by region, and other development in the field of developing vaccine. The report will also include complete analysis of COVID-19, how it is impacting economically, fatality rate, potential treatment technologies, and current usage of methods for treating patients.

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