The global COVID-19 current therapy market is expected to grow from $10.83 billion in 2019 to $16.51 billion in 2020 at a compound annual growth rate (CAGR) of 52.5%. The growth is mainly attributed to the COVID-19 outbreak and the urgent need to treat the growing number of cases. With no effective therapeutics discovered so far, existing drugs such as Remdesivir, Hydroxychloroquine, Ritonavir, Lopinavir, Interferon Beta, among others are being repurposed for the COVID-19 treatment. The market is then expected to stabilize and reach $27.27 billion in 2023 at a CAGR of 18.2%.
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The coronavirus (COVID-19) current therapy market consists of sales of drugs currently used for the treatment of COVID-19 infection. The market report includes single-drug therapeutics and combination drug therapeutics used in treating COVID-19 patients. The market consists of revenue generated by the companies that manufacture coronavirus current therapeutics by the sales of these products.
Global Coronavirus (COVID-19) Current Therapy Market Segmentation –
The COVID-19 current therapy market covered in this report is segmented
By Drug Type: Antiviral (Remdesivir, Ritonavir, Lopinavir), Antimalarial (Hydroxychloroquine), Interferons (Interferon Beta), Corticosteroid (Dexamethasone), Others
By End-Use: Hospitals, Clinics, Research Institutes, Others.
Global Coronavirus (COVID-19) Current Therapy Market Trends –
Convalescent Plasma Therapy is used as an experimental therapy to treat COVID-19 patients. The blood plasma of patients who have recovered from a disease is called convalescent plasma (CP). Convalescent Plasma (CP) therapy is a type of passive antibody therapy in which blood plasma is isolated from patients who have recovered from the disease of interest and administered to the patient with severe disease to suppress the virulence and improve clinical symptoms. The blood plasma of recovered COVID-19 patients has antibodies to fight COVID-19 infection.
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A Few Points From The Global Coronavirus (COVID-19) Current Therapy Market ToC
1. Executive Summary
2. Coronavirus (COVID-19) Current Therapy Market Characteristics
3. Coronavirus (COVID-19) Current Therapy Market Size And Growth
3.1. Global Coronavirus (COVID-19) Current Therapy Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Coronavirus (COVID-19) Current Therapy Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Coronavirus (COVID-19) Current Therapy Market Segmentation
5. Coronavirus (COVID-19) Current Therapy Market Regional And Country Analysis
5.1. Global Coronavirus (COVID-19) Current Therapy Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Coronavirus (COVID-19) Current Therapy Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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