Summary
The global economy is expected to expand 5.6% in 2021,global recovery is strong but uneven as many emerging market and developing economies continue to struggle with the COVID-19 pandemic, the world is unlikely to ever reach global herd immunity. However, the recovery in many countries is being held back by a resurgence of COVID-19 cases and lagging vaccination progress, as well as the withdrawal of policy support in some instances.
The annual U.S. economic growth rate slipped to -3.5% in 2020, but grew at a yearly pace of more than 6% in the previous two quarters of 2021. The economy of continental Europe bounced back in the second quarter after having contracted in both the fourth quarter of 2020 and the first quarter of 2021, as the vaccinations accelerated, and governments eased restrictions. Among major economies, the annualized growth rate was 6.1% in Germany, 3.6% in France, 11.2% in Italy, and 11.7% in Spain. The especially rapid growth in Spain and Italy was attributed to a surge in consumer spending, likely the result of an easing of economic restrictions.
Regional Economic Prospects: Growth in the East Asia and Pacific is projected to accelerate by 7.7% in 2021, Central Asia is forecast to grow by 3.9% this year, economic activity in the Middle East and North Africa is forecast to advance by 2.4%, South Asia is projected to expand by 6.8%.
The global The Taditional Chinese Medicine (TCM) for COVID-19 market size was USD XX billion in 2021. It is likely to progress at a CAGR of XX% during the forecast period of 2022-2027, according to XYZResearch analysis, The segment in The Taditional Chinese Medicine (TCM) for COVID-19 market is estimated to reach a market value of USD XX billion by 2021 from an initial market value of USD XX billion in 2021. China market value in 2021 is about USD XX billion, and China The Taditional Chinese Medicine (TCM) for COVID-19 production is XX (K Units). US market value in 2021 is about USD XX billion, and US The Taditional Chinese Medicine (TCM) for COVID-19 production is XX (K Units). Europe market value in 2021 is about USD XX billion, and Europe The Taditional Chinese Medicine (TCM) for COVID-19 production is XX (K Units).
Regional Segmentation (Value; Revenue, USD Million, 2017 - 2027) of The Taditional Chinese Medicine (TCM) for COVID-19 Market by XYZResearch Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in The Taditional Chinese Medicine (TCM) for COVID-19 Market?
Yiling Pharmaceutical
Southwest Pharmaceutical
Guizhou Yibai Pharmaceutical
Tianjin Chase Sun Pharmaceutical
Qingfeng Pharmaceutical Group
Sunflower
China Beijing Tong Ren Tang Group Co., Ltd.
Jiren Pharmaceutical Group
Beijing Juxiechang Pharmaceutical
Jiuzhitang
Jiangsu Jichuan Holding Group Co., Ltd.
Major Type of The Taditional Chinese Medicine (TCM) for COVID-19 Covered in XYZResearch report:
Lianhua Qingwen Capsule
Jinhua Qinggan Granules
Xuebijing Injection
TCM Prescription
Other
Application Segments Covered in XYZResearch Market
Hospital
Clinic
Other
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Summary:
Get latest Market Research Reports on Taditional Chinese Medicine (TCM) for COVID-19. Industry analysis & Market Report on Taditional Chinese Medicine (TCM) for COVID-19 is a syndicated market report, published as (Post-pandemic Era)-Global The Taditional Chinese Medicine (TCM) for COVID-19 Market Segment Research Report 2021. It is complete Research Study and Industry Analysis of Taditional Chinese Medicine (TCM) for COVID-19 market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.