CD47 Targeting Therapeutics Market Size, Share & Trends Analysis Report By Target disease Indication (Acute Myeloid Leukemia, Non-Hodgkin Lymphoma, Colorectal Cancer, Diffuse Large B-cell Lymphoma, Other Diseases Indications), By Type of Molecule, By Region, And By Segment Forecasts, 2028-2034

Report Id: 1290 Pages: 180 Last Updated: 26 May 2025 Format: PDF / PPT / Excel / Power BI
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CD47 Targeting Therapeutics Market is expected to grow at a 35% CAGR during the forecast period for 2028-2034.

CD47 Targeting Therapeutics Market info

Key Industry Insights & Findings from the Report:

  • The factors driving the growth of the CD47 targeting therapeutics market include the rising developments in the CD47-targeting anti-cancer therapies and growing demand for cost-efficient cancer treatments.
  • Increasing government initiatives for cancer awareness, and R&D initiatives by market players for launching effective cancer therapies, and the growing number of cancer cases worldwide is driving growth of the CD47 targeting therapeutics market.
  • North America dominated the market and accounted for a global revenue share in 2023.
  • The key challenges for the CD47 targeting therapeutics market are therapeutic effectiveness, safety concerns, and lack of published data.

CD47 is immunoglobulin and supramolecular complex composed of integrins, G protein, and cholesterol. It mediates a series of processes such as cell proliferation, migration, phagocytosis, apoptosis, immune homeostasis, and inhibition of NO signalling. In recent years, CD47 also called the “don’t eat me” signal, has been highly expressed on the surface of various cancers, initiating an inhibitory signalling pathway that prevents cancer cells from phagocytosis by macrophages. 

The factors driving the growth of the CD47 targeting therapeutics market include the rising developments in the CD47-targeting anti-cancer therapies, growing demand for cost-efficient cancer treatments, increasing government initiatives for cancer awareness, and R&D initiatives by market players for launching effective cancer therapies, and the growing number of cancer cases worldwide. According to the NCI (National Cancer Institute), cancer is among the leading causes of death worldwide. By 2040, more cancer cases are expected to rise to 29.5 million per year and cancer-related deaths to 16.4 million. Recently, the American FDA has granted orphan drug designation ("ODD") to ALX Oncology's next-generation CD47 blocker ‘evorpacept’ for treating patients with gastroesophageal junction cancer and gastric cancer. Thus, the increasing prevalence of cancer is projected to surge the demand for advanced cancer therapies to treat cancer patients effectively, which will likely fuel the market growth over the forecast period. However, the high R&D cost of target therapies and side effects associated with these therapies are expected to hamper the market’s growth in the coming years.  

Competitive Landscape

Some major key players in the CD47 Targeting Therapeutics Market:

  • Conjupro biotherapeutics (US),
  • EpicentRx (US),
  • Forty Seven (US),
  • ImmuneOncia Therapeutics (Korea),
  • ImmuneOnco Biopharmaceuticals (China),
  • Innovent Biologics (China),
  • KAHR Medical (Israel),
  • Light Chain Bioscience (Switzerland),
  • Morphiex (US),
  • Trillium Therapeutics (Canada),
  • TG Therapeutics,
  • Adagene,
  • Alector, Inc.,
  • Apmonia Therapeutics,
  • I-MAB Biopharma Co., Ltd.,
  • QLSF Biotherapeutics Inc.,
  • Phanes Therapeutics, Inc.,
  • Bio-Thera Solutions,
  • others.

Market Segmentation

The CD47 targeting therapeutics market is classified based on target disease indication, type of molecule, and region. The target disease indication, segment the market into acute myeloid leukemia, non-hodgkin lymphoma, colorectal cancer, diffuse large B-cell lymphoma, myelodysplastic syndromes, non-small cell lung cancers, ovarian epithelial cancer, oral mucositis, small cell lung cancers, and other disease indications. The acute myeloid leukaemia segment is anticipated to proliferate over the forecast period owing to the increased CD47 expression on human AML. The market is grouped into biologics and small molecules by type of molecule. Due to its increasing therapeutic applications, the biologics segment is expected to witness significant growth during the forecast years. Regionally, the market is considered across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.

North America is likely to witness the highest growth during the forecast period due to the high prevalence of cancer, growing demand for CD47 therapeutic products, and the increasing approvals for immunoglobulins.

Recent Developments:

  • In January 2022, Actinium Pharmaceuticals, Inc. and EpicentRx, Inc. teamed up for a research collaboration. They'll be studying Actinium's Actimab-A targeted radiotherapy combined with EpicentRx's RRx-001, a small molecule immunotherapy targeting the CD47-SIRPα axis.

CD47 Targeting Therapeutics Market Report Scope

Report Attribute Specifications
Growth rate CAGR CAGR of 35% from 2028 to 2034
Quantitative units Representation of revenue in US$ Million and CAGR from 2028 to 2034
Historic Year 2021 to 2024
Forecast Year 2028-2034
Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments covered By Target disease Indication, By Type of Molecule
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; South Korea; South East Asia
Competitive Landscape Conjupro biotherapeutics (US), EpicentRx (US), Forty Seven (US), ImmuneOncia Therapeutics (Korea), ImmuneOnco Biopharmaceuticals (China), Innovent Biologics (China), KAHR Medical (Israel), Light Chain Bioscience (Switzerland), Morphiex (US), Trillium Therapeutics (Canada), TG Therapeutics, Adagene, Alector, Inc., Apmonia Therapeutics, I-MAB Biopharma Co., Ltd., QLSF Biotherapeutics Inc., Phanes Therapeutics, Inc., Bio-Thera Solutions, others.
Customization scope Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing and available payment methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation of CD47 Targeting Therapeutics Market

Global CD47 Targeting Therapeutics Market, by Target Disease Indication, 2022-2030 (Value US$ Mn)

  • Acute Myeloid Leukemia
  • Non-Hodgkin Lymphoma
  • Colorectal Cancer
  • Diffuse Large B-cell Lymphoma
  • Myelodysplastic Syndromes
  • Non-Small Cell Lung Cancers
  • Ovarian Epithelial Cancer
  • Oral mucositis
  • Small Cell Lung Cancers
  • Other Diseases Indications

CD47 Targeting Therapeutics Market

Global CD47 Targeting Therapeutics Market, by Type of Molecule, 2022-2030 (Value US$ Mn)

  • Biologics
  • Small Molecule

Global CD47 Targeting Therapeutics Market, by Region, 2022-2030 (Value US$ Mn)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

North America CD47 Targeting Therapeutics Market, by Country, 2022-2030 (Value US$ Mn)

  • U.S.
  • Canada

Europe CD47 Targeting Therapeutics Market, by Country, 2022-2030 (Value US$ Mn)

  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

Asia Pacific CD47 Targeting Therapeutics Market, by Country, 2022-2030 (Value US$ Mn)

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America CD47 Targeting Therapeutics Market, by Country, 2022-2030 (Value US$ Mn)

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa CD47 Targeting Therapeutics Market, by Country, 2022-2030 (Value US$ Mn)

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Landscape

  • Abpro
  • ALX Oncology
  • Apmonia Therapeutics
  • Arch Oncology
  • Aurigene
  • Bristol Myers Squibb
  • Conjupro biotherapeutics
  • EpicentRx
  • Forty Seven
  • ImmuneOncia Therapeutics
  • ImmuneOnco Biopharmaceuticals
  • Innovent Biologics
  • KAHR Medical
  • Light Chain Bioscience
  • Morphiex
  • Trillium Therapeutics
  • TG Therapeutics
  • Adagene
  • Alector, Inc.
  • Apmonia Therapeutics
  • I-MAB Biopharma Co., Ltd.
  • QLSF Biotherapeutics Inc.
  • Phanes Therapeutics, Inc.
  • Bio-Thera Solutions

Other Prominent Players

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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

Conjupro biotherapeutics (US), EpicentRx (US), Forty Seven (US), ImmuneOncia Therapeutics (Korea), ImmuneOnco Biopharmaceuticals (China), Innovent Bio

The CD47 Targeting Therapeutics Market is expected to grow at a 25% CAGR during the forecast period for 2028-2034.

CD47 targeting therapeutics market is classified based on target disease indication, type of molecule, and region.

North America region is leading the CD47 targeting therapeutics market.
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