COVID-19 Therapy Market Sees Antiviral Drugs Accounting For Large Number Of Treatments

 COVID-19 Therapy Market Sees Antiviral Drugs Accounting For Large Number Of Treatments

Coronavirus (COVID-19) current therapy market segmentation is done by drug type into antiviral, monoclonal antibodies, corticosteroid, supplements, antimalarial, interferons and interleukin inhibitors, other anti-infective drugs and others. The antiviral was the largest segment of the coronavirus (COVID-19) current therapy market segmented by drug type, accounting for 35.0% of the total in 2020.

The global coronavirus (COVID-19) current therapy market size is expected to decline from $28.16 billion in 2021 to $16.43 billion in 2022 at a compound annual growth rate (CAGR) of -41.7%. The decline in the COVID-19 current therapy market growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The COVID-19 current therapy market is expected to decline to $1.57 billion in 2026 at a CAGR of -44.4%.

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