Industry

Asia Pacific GMP Cytokines Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (TNF, Interleukins, Growth Factors, Others); Application (Cell and Gene Therapy, Tissue- Engineered Products, Others), and Country

Report Code : 

TIPRE00019852

No. of Pages : 78
Category : Life Sciences

The Asia Pacific GMP cytokines market is expected to reach US$ 33.37 million by 2027 from US$ 17.27 million in 2019; it is estimated to grow at a CAGR of 8.6% from 2020 to 2027.


The growth of the Asia Pacific GMP cytokines market is attributed to key driving factors, such as increase in acceptance of cytokines for cancer and autoimmune therapies and potential contribution in stem cell therapy. However, high cost associated with GMP cytokines market therapy is expected to obstruct the growth of the market to a certain extent during the forecast period.

Cytokines play a significant role in regulating innate and adaptive immunity, which enables cells of the immune system to communicate over short distances. The cytokines therapy to activate cancer patients' immune systems has been an essential parameter in the treatment. Several research activities have proved cytokines' ability to limit tumor cell growth by a direct anti-proliferative or pro-apoptotic activity. Moreover, some cytokines indirectly inhibit tumor growth by stimulating the cytotoxic activity of immune cells against tumor cells. Similarly, rising prevalence of autoimmune disorders is expected to impact the adoption of cytokines-based therapeutics positively. As per data revealed by the Australian Institute of Health and Welfare (AIHW), on August 25, 2020, about 456,000 Australians (1.9% of the total population) suffer from rheumatoid arthritis. This effectiveness of cytokines therapies over cancer and autoimmune disorders, coupled with increasing prevalence of the disease, is likely to drive the market by 2027. Additionally, increasing number of investments and collaborations by market players to develop cytokines therapies over chronic disorders are also expected to accelerate the market growth.

Asia Pacific has been witnessing a growing number of COVID-19 cases since its outbreak. Cytokines play a significant role in the immune reaction to coronavirus infection. Some of the market players are also focusing on developing cytokine-based therapies to deal with COVID-19 pandemic. This factor is expected to positively impact the Asia Pacific GMP cytokines market during the forecast period.

Asia Pacific GMP Cytokines Market Revenue and Forecast to 2027 (US$ Mn)

Asia Pacific GMP Cytokines MarketSegmentation

ByType

  • TNF
  • Interleukin
  • Growth Factor
  • Others

By Application

  • Cell and Gene Therapy
  • Tissue-Engineered Products
  • Others

By Country

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Company Profiles

  • Miltenyi Biotec
  • Sino Biological Inc.
  • ABCAM
  • PeproTech, Inc.
  • Akron Biotech
  • BIO-TECHNE CORPORATION
  • CREATIVE BIOARRAY
  • Proteintech Group, Inc.
  • REPROCELL, Inc.

Asia Pacific GMP Cytokines Report Scope

Report Attribute Details
Market size in 2019 US$ 17.27 Million
Market Size by 2027 US$ 33.37 Million
Global CAGR (2020 - 2027) 8.6%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Type
  • TNF
  • Interleukins
  • Growth Factors
By Application
  • Cell and Gene Therapy
  • Tissue- Engineered Products
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Miltenyi Biotec
  • Sino Biological Inc.
  • ABCAM
  • PeproTech, Inc.
  • Akron Biotech
  • BIO-TECHNE CORPORATION
  • CREATIVE BIOARRAY
  • Proteintech Group, Inc.
  • REPROCELL, Inc.
    1. Miltenyi Biotec
    2. Sino Biological Inc.
    3. ABCAM
    4. PeproTech, Inc.
    5. Akron Biotech
    6. BIO-TECHNE CORPORATION
    7. CREATIVE BIOARRAY
    8. Proteintech Group, Inc.
    9. REPROCELL, Inc.
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia PacificGMP cytokines market.
    • Highlights key business priorities in order to assist companies to realign their business strategies.
    • The key findings and recommendations highlight crucial progressive industry trends in the Asia PacificGMP cytokines market, thereby allowing players across the value chain to develop effective long-term strategies.
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
    • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
    • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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