Global Natural Killer Cells Therapeutics Market to Reach US$ 8.3 Billion by 2032, Impelled by Growing Prevalence of Chronic Diseases

May 30, 2022 | Healthcare

The latest report by IMARC Group, titled “Natural Killer Cells Therapeutics Market Report by Therapeutics (NK Cell Therapies, NK Cell Directed Antibodies), Application (Cancer, Gastrointestinal Diseases, Immunoproliferative Disorders, and Others), End User (Hospitals, Research Centers and Institutes, and Others), and Region 2024-2032,” finds that the global natural killer cells therapeutics market size reached US$ 2.8 Billion in 2023. Natural killer (NK) cells therapeutics are large granular lymphocytes that target multiple pathogenic antigens and reduce the risk of cytokine storms. They contain special proteins, such as proteases and perforin known as granzymes, that act as an essential component of the innate immune system and generate an immune response against malignancies and viral infections. At present, these therapies are gaining traction across the globe as professionals are developing several strategies such as ex vivo pre-conditioning with cytokines or small molecular drugs to improve the efficacy of NK cells therapeutics.

Global Natural Killer Cells Therapeutics Market Trends:

The market is primarily driven by the growing prevalence of chronic diseases, such as cancer, infectious diseases, and liver disorders. This can be attributed to unhealthy dietary patterns, lack of physical activities, and the increasing number of individuals consuming alcohol and tobacco products. In addition, the rising geriatric population that is more susceptible to cancer is contributing to the market growth. Besides this, professionals are conducting clinical studies that focus on tumor-targeted antibody strategies to enhance the therapeutic benefit of NK-cell-based therapy while minimizing risks and toxicities. This, coupled with the introduction of novel methods and technologies that boost the immune response through allogeneic, off-the-shelf NK cell-based therapies, represents another major growth-inducing factor. Moreover, the rising product adoption to treat gastrointestinal diseases is further propelling the market growth. Looking forward, IMARC Group expects the market value to reach US$ 8.3 Billion by 2032, exhibiting a CAGR of 12.3% during the forecast period (2024-2032).

Market Summary:

  • Based on the therapeutics, the market has been bifurcated into NK cell therapies and NK cell-directed antibodies.
  • On the basis of the application, the market has been classified into cancer, gastrointestinal diseases, immunoproliferative disorders, and others.
  • Based on the end user, the market has been segregated into hospitals, research centers and institutes, and others.
  • Region-wise, the market has been divided into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined in the report, with some of the key players being Affimed GmbH, Bristol-Myers Squibb Company, Fate Therapeutics, Fortress Biotech Inc., Glycostem Therapeutics, Innate Pharma S.A., Kuur Therapeutics Inc. (Athenex Inc.), Nkarta Inc., Takeda Pharmaceutical Company Limited, and Ziopharm Oncology Inc.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Therapeutics, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Affimed GmbH, Bristol-Myers Squibb Company, Fate Therapeutics, Fortress Biotech Inc., Glycostem Therapeutics, Innate Pharma S.A., Kuur Therapeutics Inc. (Athenex Inc.), Nkarta Inc., Takeda Pharmaceutical Company Limited and Ziopharm Oncology Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
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Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Natural Killer Cells Therapeutics Market to Reach US$ 8.3 Billion by 2032, Impelled by Growing Prevalence of Chronic Diseases
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