Covid-19 Didn't Just Benefit Tech Giants; The Health and Wellness Industry Has Also Been a Surprise Winner

June 09, 2021 by Benzinga

The most obvious and frequently discussed beneficiaries of the global pandemic are the tech giants. Amazon, Netflix, Google, Microsoft and Zoom have done well to fill the requirements of a population in lockdown. But other sectors, such as health and wellness, have similarly been in demand.

Inactivity, loneliness, and decreased job security have led to a range of well-publicized issues such as a dramatic rise in obesity and mental health problems. However, individuals, organizations, and companies have also benefitted from the pandemic by responding to demand and tackling these societal problems, often leveraging technology to do so. Some, such as biotechnology, have seen increased funding leading to lasting post-pandemic improvements.

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