9 million will get infected? Analytics experts on the future of COVID-19
Two months back, we were all watching news on COVID-19 in China, without realizing that soon that same thing will enter our own home. With the world economy entirely wired, the travelers ensured carrying it to almost every corner of the planet. Given the impact, this disease has created, we have tried to analyze the current situation and possible outcome for the disease. The base case scenario suggests that COVID19 will impact the world till end of May 2020 in a major way. Its impact will reduce beyond that, with a significant risk of relapse until a vaccine is introduced The overall confirmed cases on the Corona Virus are on the rise. This is driven by the following factors: Factor 1: The number of countries getting infected are increasing. Exhibit below shows the increasing number of countries infected due to virus: Exhibit 1 – showing the chronology of number of countries, reporting 10+ cases of infection Data source: European Centre for Disease...
