Cytokine Market Global Report 2022-2027: Industry Size, Share, Trends, Growth and Forecast

The latest research study "Cytokine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global cytokine market size reached US$ 76.67 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 121.25 Billion by 2027 exhibiting a CAGR of 7.80% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Industry Definition and Application:

Cytokine is a class of proteins, peptides, or glycoproteins produced by specific cells that regulate the growth and activity of other blood and immune system cells. Since it has high-affinity picomolar concentrations, it helps control immunity, inflammation, and hematopoiesis. It is usually injected into veins, muscles, or under the skin to treat cancer and prevent or manage chemotherapy side effects. In recent years, cytokine has gained immense traction in immune cell differentiation, angiogenesis, tumorigenesis, neurobiology, and viral pathogenesis as it acts as diagnostic, prognostic, and therapeutic agents and biomarkers for health and diseases.

Cytokine Market Trends and Drivers:

The global cytokine market is primarily driven by the recent outbreak of the coronavirus disease (Covid-19), which induces the excessive production of pro-inflammatory cytokines resulting in tissue damage and acute respiratory distress syndrome (ARDS) aggravation. This has strengthened the need for solutions that target cytokines for better patient management, improved survival rates, and reduced mortality, as tissue damage can lead to multiple organ failures and even death.

Additionally, there has been a significant shift toward minimally invasive surgeries (MIS) due to their faster recovery time and lesser post-operative pain and complications. In line with this, the surging prevalence of atopic dermatitis (AD), a chronic, inflammatory, and recurring skin disease, has catalyzed the demand for new cytokines in the pathogenesis of AD and the development of improved therapeutic targets.

Other factors, including the rising incidences of cancer and skin disorders, ongoing research and development (R&D) activities, and continual technological advancements, are also anticipated to propel the market growth.

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Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Cytokine Type:
• Tumor Necrosis Factor-TNF
• Interleukins-Il
• Interferons-IFN
• Epidermal Growth Factor-EGF
• Others

Breakup by Therapeutic Application:
• Cancer
• Asthma and Airway Inflammation
• Arthritis
• Others

Breakup by End User:
• Pharmaceutical and Biotechnology Companies
• Contract Research Organizations
• Academic and Research Institutes

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

List of Major Key Players:

The major players in the market are AbbVie Inc., Abcam plc, Amgen Inc., Applied Biological Materials Inc. (abm), Bio-Techne Corporation, F. Hoffmann-La Roche AG, GenScript Biotech Corporation, Randox Laboratories Ltd., Thermo Fisher Scientific Inc. and UCB S.A.

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This release was published on openPR.