The global natural killer cells therapeutics market size is expected to grow from USD 2,708.9 million in 2021 to USD 10,113.5 million by 2030, at a CAGR of 15.1% from 2022 to 2030. Natural killer cells are effector lymphocytes of the innate immune system that control several types of tumors and microbial infections by limiting their spread and subsequent tissue damage. Natural killer cell therapy is cellular immunotherapy, just like CAR-T-cell therapy. Like T-cells, NK cells also form part of the immune system and attack germs and other malignant cells. Unlike T-cells, however, NK cells are not tailored to specific antigens.
Natural killer (NK) cells are large granular lymphocytes that respond quickly to a pathological challenge. Also, they are responsible for producing immunoregulatory cytokines. Furthermore, they act as an important component of the innate immune system of a human. The main role of NK cells is to generate an immune response against malignancies and viral infections.
The rise in the adoption of NK cells to treat infections, cancer, and liver diseases are the factor that is driving the global market of natural killer cells therapeutics. Moreover, NK cells play a pivotal role in tumor immune surveillance, which boosts the adoption of NK therapeutics across the globe. The rise in the awareness among the population regarding various immunotherapies and increase in R&D for the development of bi-specific antibodies for engaging NK cells to eliminate tumor cells propel the global market growth. But, the lack of specificity and poor in-vivo survival of the cells limit the growth of natural killer cell therapeutics. In addition, higher costs associated with the therapies and adverse side effects are expected to hamper the market growth in the coming years. On the contrary, a significant surge in R&D activities toward developing immunotherapy in the developing economies is projected to offer lucrative opportunities as per the NK cell therapeutics market forecast.
The study categorizes the natural killer cells therapeutics market based on therapeutics, application, and end-users at the regional and global levels.
The natural killer cells therapeutics market is divided into research centers & institutes, hospitals, and others based on end-users. Various ongoing R&D activities such as NK cells & immunological memory improvements, cell-based therapies, and stress-induced self-recognition are currently in progress. Moreover, certain immuno-monitoring studies are being performed to determine NK cells' usage. In hospitals, NK cell therapies are used to treat cancers using genetic engineering. Also, these cells are used as a therapeutic tool to cure immunoproliferative disorders, various cancers, gastrointestinal diseases, and infectious diseases due to their ability to detect transformed cells.
Furthermore, several medical clinical trials are performed to evaluate the safety and the anti-tumor effects of NK cells. The study's primary objective is to determine the safety of NK cells’ doses against cancers and malignancies. Moreover, NK cell therapeutics involves clinical and experimental research to provide cost-effective treatments with improved success rates. Presently, research is being carried out for the adoptive transfer of haploidentical NK cells for the consolidated therapy of pediatric acute myeloid leukemia. Therefore, NK cell therapeutics have promising applications in various research institutes.
Asia Pacific accounts for the highest CAGR during the forecast period
North America accounted for the highest share in 2021 in the global market of natural killer cells therapeutics. This is attributed to a significant increase in the prevalence of cancer in this region. During the forecast period, the Asia-Pacific market is anticipated to grow at the fastest pace, owing to an increase in cancer patients, improvement in healthcare facilities, and a surge in the geriatric population.
Though, the complexity in regulatory frameworks regarding the approval of immunotherapy is expected to hamper the market's growth during the forecast period. Conversely, a high incidence of cancer is anticipated to boost the growth of the cancer immunotherapy market, which will fuel the growth of the NK cells therapeutics market.
The natural killer cells therapeutics market is mildly concentrated in nature with few numbers global players operating in the market such as Affimed N.V., Fate Therapeutics, Fortress Biotech, Celgene Corporation, Glycostem Therapeutics BV, Nantkwest Inc., Nkarta Therapeutics, Inc., NKT Therapeutics Inc., Innate Pharma S.A., and Ziopharm Oncology Inc.
Frequently Asked Questions
Want to Review Complete Market Research Report
Budget constraints? Get in touch with us for special pricing
Request for Special PricingCustomize this Report
Related Reports
Digital Pathology Market 2024: Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033
Oct 2024Dry Dental Vacuum Market 2024: Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033
Oct 20243D Printed Nose Protection Masks Market 2024: Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033
Oct 2024Disposable Tissue Closure Clamp Market 2024: Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033
Oct 2024Light Cure Orthodontic Adhesive Market 2024: Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033
Oct 2024