Tag Archives: billion

One-year projected costs of coronavirus to the commercial market could hit $251 billion

The projected costs for 170 million Americans in the commercial health insurance market – which includes the individual, small-group and large-group markets – for testing, treatment and care specifically related to the COVID-19 coronavirus will range from a low of $ 34 billion to $ 251 billion or more in the first year of the pandemic. That’s… Read More »

Singapore sets aside $4 billion to help businesses and households amid coronavirus outbreak

Merlion statue in Singapore. Athanasios Gioumpasis | Getty Images Singapore on Tuesday said it has set aside 5.6 billion Singapore dollars ($ 4.02 billion) in the coming year to help businesses and households tide through the ongoing coronavirus outbreak. The Southeast Asian country has reported one of the highest numbers of coronavirus — now known… Read More »

United States remains the largest market for medical devices, at more than $150 billion

Medical device and technology development is an area in which U.S. companies are at the forefront. According to a SelectUSA.gov publication, America has the largest medical device market in the world. It has a market size of around $ 156 billion, and it represented about 40 percent of the global medical device market in 2017.… Read More »