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2023 | OriginalPaper | Buchkapitel

World Medical Economy Development: The Covid-19 Self-Testing Kits and Qualified Medical Manufactories

verfasst von : Zhixuan Rong

Erschienen in: Proceedings of the 6th International Conference on Economic Management and Green Development

Verlag: Springer Nature Singapore

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Abstract

Time has passed for two years since the COVID situation happens. While few countries’ economies have begun to recover, others are still facing economic recession. Most of such situations are caused by the lack of workers, which may be due to the unqualified medical equipment and effective detection methods. This passage combines the latest policies and generally analyzes the chances and stock choices for the investors in the American stock market under the current covid situation. Throughout the research, the article finds out that the government policies and rules for insurance companies have led to an enormous shortage of the COVID 19 self-testing kits. Even though various manufactories produce the self-testing kits related products, only some of them have been granted by the FDA and are allowed to enter the US markets. Such long and strict evaluation processes have caused a shortage in medical regions and even affect public health safety. While the FDA not only has to face the COVID situation, it is also concluding from its failure and publishing large amounts of demands in future medical equipment to prevent similar situations. Therefore, the passage prefers the investor can deliberate to invest in firms that produce COVID-related products in short term and in enterprises that produce professional armamentariums in long term. Such investment chances are also providing opportunities for the public to focus on the US medical circumstance and guide them to avoid those unqualified medical products in the market.

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Metadaten
Titel
World Medical Economy Development: The Covid-19 Self-Testing Kits and Qualified Medical Manufactories
verfasst von
Zhixuan Rong
Copyright-Jahr
2023
Verlag
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-19-7826-5_52

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