Advances in Economics, Management and Political Sciences

- The Open Access Proceedings Series for Conferences


Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 28 , 10 November 2023


Open Access | Article

Medical Industry Analysis Post-Pandemic from the Year 2020 to 2021

Sunyu Wang 1 , Runze Shao * 2 , Zichen Zhang 3
1 University of California
2 Michigan State University
3 City university of Hong Kong

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 28, 97-106
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Sunyu Wang, Runze Shao, Zichen Zhang. Medical Industry Analysis Post-Pandemic from the Year 2020 to 2021. AEMPS (2023) Vol. 28: 97-106. DOI: 10.54254/2754-1169/28/20231293.

Abstract

This article collects data on the medical industry for 2020-2021 and explores various indicators that may affect the earnings of medical head companies. The categories of pharmaceutical companies are divided into Bioengineering, Medical Services, and Pharmaceuticals. According to the linear regression model, the R-squared and adjusted R-squared values are large and close to 1. It indicates that our data selection is relevant, and our independent variables can be used as predictors of the dependent variable. Differences in the percentage change in assets, the related industries of individual companies, and the number of employees can be strong predictors of changes in their revenue ratios.

Keywords

Medical Industry, Linear Regression, COVID-19

References

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-077-6
ISBN (Online)
978-1-83558-078-3
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/28/20231293
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated