Global Coronavirus (COVID-19) Current Therapy Market Outlook, Opportunities And Strategies – Includes Coronavirus (COVID-19) Current Therapy Market Analysis
Learn about the global coronavirus (COVID-19) current therapy market through The Business Research Company, which provides information on coronavirus (COVID-19) current therapy market size, coronavirus (COVID-19) current therapy market drivers and restraints, coronavirus (COVID-19) current therapy market players, the COVID-19 impact on the coronavirus (COVID-19) current therapy market, and more.
The coronavirus (COVID-19) current therapy market size is expected to decline from $23.46 billion in 2020 to $2.34 billion in 2025 at a rate of -36.9%.
The outbreak of the COVID-19 pandemic is expected to contribute to the growth of the coronavirus (COVID-19) current therapy market during the forecast period.
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The coronavirus (COVID-19) current therapy market consists of sales of drugs and related services by entities (organizations, sole traders and partnerships) that are currently used for the treatment of COVID-19 infection. Coronavirus (COVID-19) current therapy includes repurposed single-drug therapeutics and combination drug therapeutics used in treating COVID-19 patients. The coronavirus (COVID-19) current therapy market consists of revenue generated by the companies that manufacture coronavirus current therapeutics by the sales of these products which are used in hospitals and clinics, home care, diagnostic laboratories, and research institutions.
Global Coronavirus (COVID-19) Current Therapy Market Segments Include:
By Drug Type: Antiviral, Monoclonal Antibodies, Corticosteroid, Supplements, Antimalarial, Interferons, Interleukin Inhibitors, Other Anti-Infective Drugs, Others
By End-User: Hospitals, Clinics, Home care, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global coronavirus (COVID-19) current therapy market, accounting for 44.0% of the total in 2021.
Monoclonal antibody therapy is a major trend being followed to develop a short-term way to treat people with COVID-19. Monoclonal antibody therapy involves the infusion of monoclonal antibodies that are similar to the ones synthesized in the human body naturally in response to infection. These are designed in the laboratory to recognize a specific component of this virus and interfere with the virus activity that attaches and enters into human cells. In this approach of antibody therapy, researchers started isolating antibodies from recovering patients and identifying the best that can neutralize the virus and keeping it from replicating; they then produced these antibodies in bulk in the laboratory.
Major Market Players: Gilead Sciences, Inc., F. Hoffmann-La Roche AG, Ipca Laboratories Limited, Zydus Cadila, Regeneron Pharmaceuticals, Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Coronavirus (COVID-19) Current Therapy Market Report 2022 is one of a series of new reports from The Business Research Company that provides coronavirus (COVID-19) current therapy market overviews, analyzes and forecasts market size, share, coronavirus (COVID-19) current therapy market players, coronavirus (COVID-19) current therapy market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s coronavirus (COVID-19) current therapy market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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