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How Healthcare Industry Is Affected By Covid-19

The COVID-19 virus has triggered a healthcare and economic catastrophe, and the COVID-19 recession is today’s reality. Medical care has alway…

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How Healthcare Industry Is Affected By Covid-19

Medical care has always been in high demand, whether times are good or poor. In the past, even due to the various epidemics healthcare industry has mostly remained unaffected by economic downturns. The COVID-19 virus has triggered a healthcare and economic catastrophe, and the COVID-19 recession is today’s reality. Not only it has indulged in mass unemployment but is also the result of depression and other healthcare massacres throughout the world.

While healthcare personnel are preoccupied with COVID-19 patients, other patients continue to deteriorate in healthcare offices. Some primary care practices have reported 70% decreases in the utilization of healthcare services. Clinical staff salaries are being cut or frozen, and some employees are being furloughed. There has also been an upsurge in unemployment insurance claims from healthcare companies.

The rankings from worldometers state 30,453,526 people affected from COVID-19 and 400,265 died till 1st July 2021. These are the reported cases.

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Also Read: How To Get Your Business Ready For Life After COVID-19

The frequency of COVID 19 is escalating, despite the deployment of lockdown measures like travel bans in India and abroad. As lockdown measures are lifted in various capacities throughout countries, the number continues to increase.

COVID-19 Pandemic Affecting Healthcare Industry

In spite of the present healthcare crisis, COVID-19 continues to have a detrimental effect on the private medical care sector in the country. During this lockout, both inpatient and outpatient patients were significantly lowered in private hospital chains, whether it a single speciality, multi-speciality institutions or even diagnostic clinics.

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Healthcare Supply Chain Delays

Coronaviruses have already wreaked havoc in world markets, as there is a scarcity of hand sanitisers, fake face masks and many other disruptions in supply chain channels. Health supply chain disruptions have substantially influenced the purchase and management of stocks of medical equipment.

Fall of Healthcare System

A report from Hindustan Times states, over 270 doctors have died during the second wave of COIVD-19. COVID-19 affected mostly medical professionals, the frontline workers of the health sector. The COVID-19 was impacted by 20-30% of medical practitioners. The region was previously prepared for the COVID-19, but the healthcare system of the country has now been pushed to the verge of disintegration.

Impact of COVID-19 in Pharmaceutical Industry

  • Unexpected interruptions towards the supply chain
  • Critical medical goods shortage
  • Delays in APIs & inactive ingredients manufacturing and import
  • Medical institutions with a shortage of staff
  • Delays in the possible use of drugs
  • Limited marketing of products
  • Difficulty in finding hospital beds
  • Shortage of vaccination
  • The declining health of frontline workers

Also Read: New covid wave and its impact on India’s economy

Final Words

The Covid-19 pandemic has greatly affected the health industry, including pharmaceuticals and medical devices. Through the biotechnology and pharma industry are doing their best in manufacturing the essentials for social distancing. But the unexpected changing norms and the approaching third-wave makes it difficult to keep up the pace. In the first quarter of 2020 itself, the sector had a decline in its growth rate. For the next two to three years it will require again to become normal, with fully functioning methods to alleviate the burden. Up to then, there is projected to be stagnated growth for the health industry.

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Author Bio: Jennifer is an editor and author at citric labs. He loves to write and educate people about health, skincare and many more.

Health

IIT-K and BFI collaborate to drive healthcare innovation in India

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IIT-K and BFI forge partnership to accelerate healthcare innovation in India

Kanpur, April 17 (IANS) – The Indian Institute of Technology Kanpur (IIT-K) has entered into a strategic partnership with Blockchain For Impact (BFI) to drive advancements in healthcare in India. Under the BFI-Biome Virtual Network Programme, this collaboration aims to nurture innovations in the healthcare sector.

As part of the partnership, BFI will support IIT Kanpur in promoting entrepreneurial initiatives through the Startup Incubation & Innovation Centre (SIIC). A Memorandum of Understanding (MoU) was signed at IIT Kanpur by Prof. Kantesh Balani, Dean of Resources and Alumni (DoRA), IIT Kanpur; and Dr. Gaurav Singh, CEO BFI.

BFI has committed to allocating over $150,000 across three years to develop programmes tailored to healthcare-focused startups at IIT Kanpur’s SIIC. This collaboration harnesses IIT Kanpur’s expertise in fostering entrepreneurship and BFI’s dedication to advancing biomedical research.

Prof. Kantesh Balani, DoRA, IIT Kanpur, expressed his optimism about the partnership, stating, “This MoU will help us share knowledge, support startups effectively, and improve our capacity-building efforts.” Dr. Gaurav Singh, CEO of BFI, highlighted the inspiring work of IIT Kanpur incubatees in healthcare innovation and the alignment of missions to accelerate impactful solutions in biomedical research.

This partnership signifies a significant step towards advancing healthcare innovation in India by leveraging expertise and resources. The collaboration between IITK and BFI holds promise for improving public health and ensuring equitable healthcare access for all.

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Doctors are hopeful that gene therapy could be a breakthrough for haemophilia, a blood disorder

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Gene therapy holds promise for blood disorder haemophilia: Doctors

On World Haemophilia Day, doctors highlighted the potential of gene therapy in treating haemophilia, a hereditary blood disorder. Haemophilia is caused by missing or defective clotting factors and raises the risk of severe bleeding and joint damage. Genetic counselling and screening are crucial for affected individuals. India has a high number of haemophilia cases, but many go undiagnosed due to lack of screening capabilities.

Gene therapy offers a promising approach to treating haemophilia by delivering functional genes to correct the genetic defect responsible for deficient clotting factor production. Recent clinical trials show positive outcomes, including the use of lentiviral vectors at CMC Vellore. While current treatment involves factor VIII infusions, gene therapy may offer a cure for haemophilia, especially in low and middle-income countries.

According to Anoop P, Sr. Consultant – Haematology at Aster RV Hospital, “Gene therapy is a potentially curative treatment for haemophilia.” It allows for editing the faulty gene of a baby inside the uterus, known to be born with haemophilia due to a family history. Ongoing research on gene therapy shows promising results, indicating a potential paradigm shift in the management and cure of haemophilia.

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The Connection Between Daytime Sleep and Increased Risk of Dementia

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How daytime sleep can raise dementia risk

New Delhi, April 17 (IANS) Compensating for lack of sleep during the daytime may not be as effective as previously thought, warned Dr. Sudhir Kumar, a neurologist based in Hyderabad. According to Dr. Sudhir, daytime sleep is not in sync with the body’s natural clock and can increase the risk of dementia and other psychiatric disorders.

Dr. Sudhir, from Indraprastha Apollo Hospitals, highlighted in a post on X.com that daytime sleep is lighter and does not fulfill the body’s sleep requirements. He explained, “This fact is supported by numerous studies of night shift workers, who are predisposed to stress, obesity, cognitive deficits, and an elevated risk of neurodegenerative diseases.”

The neurologist pointed out that the glymphatic system, responsible for clearing the brain of protein waste products, is most active during sleep. Therefore, when there is a lack of sleep, the glymphatic system may fail, increasing the risk of dementia. Dr. Sudhir stated, “Glymphatic failure is the common pathway of dementia, leading to the accumulation of abnormal proteins in the brain.”

Factors such as poor sleep quality, age, sedentary lifestyle, cardiovascular diseases, obesity, sleep apnoea, circadian misalignment, substance abuse, and depression can also suppress or result in the failure of the glymphatic system. Dr. Sudhir emphasized, “Good sleepers tend to live longer, weigh less, have a reduced incidence of psychiatric disorders, and maintain cognitive function for longer periods.”

In conclusion, Dr. Sudhir advised that consistently sleeping well at night can lead to better cognitive function and decrease the risk of dementia and psychiatric disorders. It is essential to prioritize quality sleep to maintain overall brain health and reduce the risk of neurodegenerative diseases.

–IANS
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