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These 4 businesses are on the rise due to COVID-19. What can we learn from them?
During this crisis, life has changed for everyone. It has altered the way we live, communicate with each other, transport ourselves and how we do business. Many industries were unprepared for the current challenges created by this pandemic, but a few have benefited from the conditions of the new normal.
Let’s have a look at what businesses can do to make it through the outbreak, and how digitalization could help them.
1. Telehealth
It’s no surprise that this business is at the top of the list, as healthcare can’t stop. Telemedicine is being used by doctors to connect with their patients without the patients having to physically visit a hospital or clinic and mid-level provider/health workers to connect patients with doctors.
Before the pandemic, there wasn’t significant progress in telehealth platforms, but healthcare systems are now being pushed to expand their telemedicine through smartphones, tablets, and other devices.
According to Global Market Insights, the market size was around $45 billion in 2019 and is projected to grow to more than $175 billion by 2026.
Telemedicine has already helped to decongest hospitals, which have moved their out-patient department services…