Cytokine Market Trends

  • Report ID: 5867
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Cytokine Market Trends

Growth Drivers

  • Increasing Penetration of Cytokine - The rising number of symptomatic, therapeutic, & prophylactic applications of cytokine is anticipated to move the development of the worldwide cytokine market amid the estimated period. For occurrence, in November 2021, Synthekine Inc. and Merck entered into a around the world inquire about collaboration and permit understanding to find, create, and commercialize novel cytokine therapeutics. The companies will to begin with see into potential treatments for immune system illnesses but can afterward go into immunology, oncology, and other signs. 
  • Growing Acceptance of Cytokine as Biomarkers - Cytokine are molecular messengers that allow the immune system's cells to communicate with one another and generate a coordinated, strong but independent response to target antigens. In patients with cancer, interferons and interleukins are the two types of cytokine. Cytokine are becoming more and more accepted in cancer treatment worldwide. In addition, cytokine are being used as a biomarker to diagnose the disease and this is supporting cytokine market growth.

Challenges

  • High in Cost - Although cytokine have the potential to be involved in a range of applications, including cancer treatment, stem cell therapy and diagnostics, high costs associated with cytokine-based treatments and assays are expected to hamper market expansion. Cytokine tests are required for diagnosis and monitoring because cytokine play a key role in the development or regression of pathological processes, which serve as indicators on many illnesses.
  • Lack of Specificity is expected to hinder the market growth in the forecast period
  • Regulatory Obstructions Associated are set to hamper the cytokine market expansion in the upcoming period

Cytokine Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

7.6%

Base Year Market Size (2024)

USD 88.57 billion

Forecast Year Market Size (2037)

USD 229.53 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 5867
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cytokine is evaluated at USD 93.96 billion.

Cytokine Market size was valued at USD 88.57 billion in 2024 and is expected to exceed USD 229.53 billion by the end of 2037, expanding at over 7.6% CAGR during the forecast period i.e., between 2025-2037. The growing prevalence of cancer and increasing research and development activities will drive the market growth.

North America industry is poised to dominate majority revenue share of 35% by 2037, due to rising substantial prevalence of chronic diseases in the region.

The major players in the market are of Pfizer Inc., Biocon Limited, Amgen Inc, GlaxoSmithKline PLC, General Electric Company, Johnson & Johnson, and others.
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