Global Cytokine Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Cytokine Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Cytokine Type (Tumor Necrosis Factor-TNF, Interleukins-Il, Interferons-IFN, Epidermal Growth Factor-EGF, and Other Cytokine Types), Therapeutic Application (Cancer, Asthma and Airway Inflammation, Arthritis, and Other Therapeutic Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Cytokine Market was valued at USD 8,550.4 million in 2023 and is expected to reach USD 16,912.5 million by 2031 while growing at a CAGR of 8.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global cytokine market growth. Cytokines, small proteins crucial in cell signalling, are secreted by immune system cells, influencing the behavior of other cells. Serving as messengers, they facilitate communication between cells and regulate physiological processes, especially those related to the immune response.
The increasing incidence of chronic diseases and ongoing advancements in biotechnology and molecular biology are expected to propel the growth of the cryostat microbiome equipment market. Nevertheless, obstacles like the high cost of cytokine therapies and potential side effects and toxicity could hinder market expansion.
Furthermore, the global cytokine industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Cytokine Type Analysis
The Global Cytokine Market is segmented among Tumor Necrosis Factor-TNF, Interleukins-Il, Interferons-IFN, Epidermal Growth Factor-EGF, and Other Cytokine Types, based on Cytokine Type. In 2023, Tumor Necrosis Factor-TNF accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Therapeutic Application Analysis
The Global Cytokine Market is segmented among Cancer, Asthma and Airway Inflammation, Arthritis, and Other Therapeutic Applications, based on Therapeutic Application. In 2023, Cancer accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Cytokine Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are GlaxoSmithKline PLC, Novartis AG, Amgen, Pfizer Inc., Sanofi SA, AstraZeneca plc, Biocon Limited, Abbvie Inc, Johnson and Johnson, and UCB S.A.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Cytokine Market Dynamics
Drivers
Restraints
Opportunity
4. Global Cytokine Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Cytokine Market Segmentation, By Cytokine Type
Global Cytokine Market Share Analysis, By Cytokine Type
Global Cytokine Market Growth Analysis, By Cytokine Type
Global Cytokine Market Trends, By Cytokine Type
o Tumor Necrosis Factor-TNF
o Interleukins-Il
o Interferons-IFN
o Epidermal Growth Factor-EGF
o Other Cytokine Types
6. Global Cytokine Market Segmentation, By Therapeutic Application
Global Cytokine Market Share Analysis, By Therapeutic Application
Global Cytokine Market Growth Analysis, By Therapeutic Application
Global Cytokine Market Trends, By Therapeutic Application
o Cancer
o Asthma and Airway Inflammation
o Arthritis
o Other Therapeutic Applications
7. Global Cytokine Market Segmentation, By Region
Global Cytokine Market Share Analysis, By Region
Global Cytokine Market Growth Analysis, By Region
Global Cytokine Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
GlaxoSmithKline PLC*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Novartis AG
Amgen
Pfizer Inc.
Sanofi SA
AstraZeneca plc
Biocon Limited
Abbvie Inc
Johnson and Johnson
UCB S.A
*Similar analysis will be provided for each company listed above.
