The global natural killer cells therapeutics market size was US$ 2,808.9 million in 2021. The global natural killer cells therapeutics market size is forecast to reach US$ 10,213.5 million by 2030, growing at a compound annual growth rate (CAGR) of 15.3% during the forecast period from 2022 to 2030.
Natural killer cells are granular lymphocytes with a wide surface area that respond fast to a pathogenic challenge. They are also in charge of creating immunoregulatory cytokines. Furthermore, they are an integral part of a human's innate immune system. NK cells are responsible for generating an immune response to cancer and viral diseases. These cells were employed in a variety of molecular and combinational therapy, resulting in a greater acceptance of these treatments. They can also utilize as an anti-cancer alternative to T cells and a therapeutic weapon against infectious disorders.
Factors Influencing Market Growth
Impact Analysis of COVID-19
As a result of several precautionary lockdowns and other constraints imposed by governments worldwide, severe disruptions in manufacturing and supply-chain operations have occurred. Furthermore, consumer tastes have diminished as people were now much more focused on cutting non-essential expenses from their budgets as the outbreak has negatively impacted the overall economic condition of most people. Therefore, the COVID-19 pandemic had a negative impact on the global market.
Regional Insights
The Asia Pacific region is forecast to have lucrative growth in the market during the forecast period. As a result of the growing number of patients suffering from cancer, the rising geriatric population, and advancements in healthcare facilities. In addition, rising R&D activities toward the expansion of immunotherapies to treat various cancers and other disorders. Thus, these factors are driving the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global natural killer cells therapeutics market are:
Scope of the Report
The global natural killer cells therapeutics market segmentation focuses on Therapeutics, Application, End-Users, and Region.
Segmentation based on Therapeutics
Segmentation based on Application
Segmentation based on End-Users
Segmentation based on Region