Coronavirus Vaccine Market Witnessing Mixed Scenario As Many Remain Unconvinced By Efficacy of Coronavirus Vaccine
Current Case Load and Vaccination Status The pandemic of COVID-19 continues to expand and impact over 175 countries and territories worldwide, which is expected to propel growth of the coronavirus vaccine market. Although the outbreak slowed after what was termed as a ‘peak point’, new strains of the virus have emerged worldwide, which has increased the number of cases again. The pandemic has adversely impacted three main aspects of the global economy: production, supply chain, and firms and financial markets. National governments have announced largely uncoordinated, country-specific responses to the virus. Globally, as of 2:03pm CET, 7 March 2021, there have been 116,135,492 confirmed cases of COVID-19, including 2,581,976 deaths, as reported to the World Health Organization. As of 8 March 2021, a total of 249,160,837 vaccine doses have been administered. Various Vaccines Covid-19 vaccine being developed by Oxford University and AstraZeneca has demonstrated significant...