Market Analysis and Insights: Global Natural Killer (NK) Cell Therapeutics Market
The natural killer (NK) cell therapeutics market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 40.5% in the forecast period of 2020 to 2027 and is expected to reach USD 1,006.39 million by 2027. Increase in usage of natural killer (NK) cell for the treatment of cancer and infectious diseases and rise in awareness about immunotherapies are the major drivers which propelled the demand of the market in the forecast period.
Natural killer (NK) cell therapeutics comprises features such as increasing need for better therapeutic options which will impact in launching new products by the manufacturers into the market which enhance its demand as well as increasing investment in research and development leads to the natural killer (NK) cell therapeutics market growth.
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Currently, various research studies are taking place which is expected to create a competitive advantage for manufacturers to develop new and innovative natural killer (NK) cell therapeutics which is expected to provide various other opportunities in the natural killer (NK) cell therapeutics market. However, long approval time for immunotherapies and adverse side effects of therapies are expected to restraint the natural killer (NK) cell therapeutics market growth in the forecast period.
The natural killer (NK) cell therapeutics market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the natural killer (NK) cell therapeutics market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Natural Killer (NK) Cells Therapeutics Market Scope and Market Size
Global Natural killer (NK) cell therapeutics market is segmented on the basis of therapeutics, approaches, application, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of therapeutics, the natural killer (NK) cell therapeutics market is segmented into NK cell therapies and NK cell directed antibodies. In 2020, NK cell therapies segment is dominating the natural killer (NK) cell therapeutics market as natural killer (NK) cell are innate cytotoxic lymphocytes and are involved in the elimination of cancer cells by recruiting the T- cells and B-cells. Moreover, several advancements have been made in NK cells therapies such as target recognition, enhancement in cellular cytotoxicity among others.
• On the basis of approaches, the natural killer (NK) cell therapeutics market is segmented into antibody-dependent cell-mediated cytotoxicity (ADCC) and bispecific antibodies. In 2020, antibody-dependent cell-mediated cytotoxicity (ADCC) segment is dominating the natural killer (NK) cell therapeutics market as are off-the-shelf approach used for activation of natural killer (NK) cell in vivo.
• On the basis of application, the natural killer (NK) cell therapeutics market is segmented into cancer, acute infectious diseases, immunoproliferative disorders, gastrointestinal diseases and others. In 2020, cancer segment is dominating the natural killer (NK) cell therapeutics market due to extensive usage of NK cell therapies for treatment of different types of cancer such as head, neck among others.
• On the basis of end user, the natural killer (NK) cell therapeutics market is segmented into hospitals, specialty clinics and research & academic institutes. In 2020, hospitals segment is dominating the natural killer (NK) cell therapeutics market because hospitals are the primary place for the diagnosis of cancer, infectious disease among others. Moreover, various NK cells therapeutics products are administered to patents within hospital settings in order to demonstrate the safety and efficacy of product.
• On the basis of distribution channel, the natural killer (NK) cell therapeutics market is segmented into hospital pharmacies, direct tender and others. In 2020, hospital pharmacies segment is dominating the natural killer (NK) cell therapeutics market as these pharmacies supply all type of medicines as per the patient’s needs.
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Natural Killer (NK) Cells Therapeutics Market Country Level Analysis
The natural killer (NK) cell therapeutics market is analyzed and market size information is provided by the country, therapeutics, approaches, application, end user and distribution channel as referenced above.
The countries covered in the natural killer (NK) cell therapeutics market report are the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland, Luxembourg, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific , Brazil, Argentina, Peru, Rest of South America, Saudi Arabia, South Africa, UAE, Israel, Kuwait, Egypt, Rest of Middle East and Africa.
• In the U.S., NK cell therapies segment is expected to grow with the highest growth rate in the forecast period of 2020 to 2027 because of increasing clinical trials and research development for prevention of chronic diseases. Japan is leading the growth in Asia-Pacific and medication segment is dominating in this country due to rise in prevalence of cancer such as lymphomas. The NK cell therapies segment in Germany is dominating in the European market owing to increasing demand of effective treatment, with less number of side effects.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Presence of Pipeline Products and Advancement in Natural Killer (NK) Cell Therapies
Natural killer (NK) cell therapeutics market also provides you with detailed market analysis for every country growth in natural killer (NK) cell therapeutics industry with natural killer (NK) cell therapeutics drugs sales, impact of advancement in the natural killer (NK) cell therapeutics technology and changes in regulatory scenarios with their support for the natural killer (NK) cell therapeutics market. The data is available for historic period 2010 to 2018.
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Competitive Landscape and Natural Killer (NK) Cell Therapeutics Market Share Analysis
The natural killer (NK) cell therapeutics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to natural killer (NK) cell therapeutics market.
The major companies which are dealing in the natural killer (NK) cell therapeutics are
Kiadis Pharma, Cytovia Therapeutics, Nkarta, Inc., Fate Therapeutics, EMERcell, Glycostem, Phio Pharmaceuticals, Innate Pharma, Inc., INmuneBIO, Gamida Cell, Bellicum Phamaceuticals, Inc., Acepodia Inc., Affimed GmbH, multimmune GmbH, Bristol-Myers Squibb Company, Kleo Pharmaceuticals, iCell Gene Therapeutics, Takeda Pharmaceutical Company Limited, Regeneron Pharmaceuticals Inc., NantKwest and Merck KGaA among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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