COVID-19 has been detrimental in terms of the number of fatalities and rising number of critical patients across the world. According to the UNDP (United National Development Programme) Socio-Economic programme, aimed at the COVID-19 crisis, the pandemic is far more than a health crisis: it is affecting societies and economies at their core. There has been greater developments recently in the chest X-ray-based imaging technique as part of the COVID-19 diagnosis especially using Convolution Neural Networks (CNN) for recognising and classifying images. However, given the limitation of supervised labelled imaging data, the classification and predictive risk modelling of medical diagnosis tend to compromise. This paper aims to identify and monitor the effects of COVID-19 on the human lungs by employing Deep Neural Networks on axial CT (Chest Computed Tomography) scan of lungs. We have adopted Mask RCNN, with ResNet50 and ResNet101 as its backbone, to segment the regions, affected by COVID-19 coronavirus. Using the regions of human lungs, where symptoms have manifested, the model classifies condition of the patient as either "Mild" or "Alarming". Moreover, the model is deployed on the Google Cloud Platform (GCP) to simulate the online usage of the model for performance evaluation and accuracy improvement. The ResNet101 backbone model produces an F1 score of 0.85 and faster prediction scores with an average time of 9.04 seconds per inference.