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Global natural killer cell therapeutics market was valued $1,402 million in 2018, and is projected to reach $5,096 million by 2026, with a CAGR of 17.4% by 2026.
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Natural Killer Cells Therapeutics Market by Therapeutics (NK Cell Therapies and NK Cell Directed Antibodies), Application (Cancer, Gastrointestinal Diseases, Immunoproliferative Disorders, and Others), and End User (Research Centers & Institutes, Hospitals, and Others): Global Opportunity Analysis and Industry Forecast, 2018–2026 Get Sample Report@ https://www.alliedmarketresearch.com/request-sample/2132
Introduction: The global natural killer cells therapeutics market was valued at $1,402 million in 2018, and is projected to reach $5,096 million by 2026, registering a CAGR of 17.4% from 2019 to 2026. Natural killer cells are large granular lymphocytes that respond quickly to a pathological challenge. In addition, they are responsible for producing immunoregulatory cytokines. Moreover, they act as an important component of the innate immune system of a human. The key role of NK cells is to generate an immune response against malignancies and viral infections.
Segment Review The global natural killer cells therapeutics market is segmented based on therapeutics, application, end user, and region. Based on therapeutics, the market is classified into NK cell therapies and NK cell directed antibodies. Immunotherapy has emerged as an ideal therapeutic solution to improve the clinical outcome against various malignancies and tumors. Recently, several advances have been made in NK cells therapies such as target recognition, adoptive therapy, and improvement in cellular cytotoxicity.
Application segment review The applications covered in the study include cancer, gastrointestinal diseases, immunoproliferative disorders, and others. The cancer segment accounted for a major share in 2018, and is expected to continue this trend during the forecast period, due to increase in adoption of NK cell therapies for various types of cancers such as acute myeloid leukemia, Hodgkin's lymphoma, hematologic malignancies, solid tumors, cutaneous T cell lymphoma, and head & neck cancer. However, the gastrointestinal disease segment is anticipated to witness rapid growth in the near future, owing to rise in incidence of diseases related to gastrointestinal tract.
Region segment review The North America natural killer cells therapeutics market share accounted for the highest share in 2018 and is expected to continue its dominance throughout the forecast period. This is attributed to significant increase in prevalence of cancer in this region. However, the Asia-Pacific market is anticipated to grow at the fastest pace, owing to increase in number of patients suffering from cancer, surge in geriatric population, and improvement in healthcare facilities. However, the complexity in regulatory frameworks regarding the approval of immunotherapy is expected to hamper the market growth. Conversely, high incidence of cancer is anticipated to boost the growth of cancer immunotherapy market, which in turn will fuel the growth of the NK cells therapeutics market. The global natural killer cells therapeutics market analysis provides insights regarding the highly competitive nature of the prominent players in the market and the various strategies adopted for garnering maximum share. These include expansion of their geographical presence through collaborations and focus on R&D activities for NK cells. Major players operating in the market include Affimed N.V., Celgene Corporation, Fate Therapeutics, Fortress Biotech, Glycostem Therapeutics BV, Innate Pharma S.A., Nantkwest Inc., Nkarta Therapeutics, Inc., NKT Therapeutics Inc., and Ziopharm Oncology Inc.
Key Factors: • AffimedN.V. • Celgene Corporation • Fate Therapeutics • Fortress Biotech • Glycostem Therapeutics BV • Innate Pharma S.A. • Nantkwest Inc. • Nkarta Therapeutics, Inc. • NKT Therapeutics Inc. • Ziopharm Oncology Inc.
Key Benefits for Stakeholders: • This report entails a detailed quantitative analysis along with the current natural killer cells therapeutics market trends from 2019 to 2026 to identify the prevailing opportunities along with the strategic assessment. • The global natural killer cells therapeutics market size and estimations are based on a comprehensive analysis of key developments. • A qualitative analysis based on innovative products facilitates strategic business planning. • The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market
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