Asia Pacific GMP Cytokines Market Developments and Forecast by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027Asia 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 Date : Mar 2021
- Report Code : TIPRE00019852
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 78
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)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
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
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- Miltenyi Biotec
- Sino Biological Inc.
- ABCAM
- PeproTech, Inc.
- Akron Biotech
- BIO-TECHNE CORPORATION
- CREATIVE BIOARRAY
- Proteintech Group, Inc.
- REPROCELL, Inc.
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