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Antibody Drug Conjugate Market Size, Share, Growth, Opportunities, Trends, Analysis and Forecast 2030

10-27-2022 01:33 PM CET | Health & Medicine

Press release from: MarketResearchFuture

Antibody Drug Conjugate Market Size, Share, Growth,

Antibody Drug Conjugate Market Overview

The Antibody Drug Conjugate Market will acquire a CAGR of 16.70 % by 2030 and a significant value in the forecast period.

Antibody Drug Conjugates are effective biopharmaceutical medications. It is a targeted therapy for cancer treatment. These drugs can eliminate cancer cells without harming the normal cells. This major advantage of Antibody Drug Conjugates helps patients to recover faster.

Technological advancements are the major driver for this Antibody Drug Conjugate Market. The technological advancements in the healthcare sector are propelling the market. The development is necessary for the health sector to treat chronic diseases. The rise in the number of senior individuals above 65 years prone to health complications. Cancer cases are rising higher, a major reason behind the market's growth.

Due to the rise of different types of cancer cases, the need for advanced cancer treatment is growing higher. The innovation in medical technology is leading to better treatment. With the usage of better technologies, the players will provide the best treatment with the antibody-drug conjugate. The demand is increasing with the effective launch of technologies in the health sector.

The preclinical sector is conducting research on antibodies for cancer. In the future years, higher investments in the sector will accelerate the market. The development of advanced drugs for cancer treatment integrated with technological advancements will aid the market in the forecast period. The increased antibody-drug conjugate services will generate a high revenue rate and sales.

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Key Players

Seattle Genetics (US), ImmunoGen, Inc. (US), Roche Holding AG (Switzerland), Genentech (US), Concortis Biotherapeutics (US), Agensys, Inc. (US), Antikor (UK), Immunomedics (US), Pfizer Inc. (US), Celldex Therapeutics (US), Millennium Pharmaceuticals (US), AbbVie Inc. (US), Bayer HealthCare (Germany), Astellas Pharma/Agensys (Japan), Progenics Pharmaceuticals (US), Mersana Therapeutics (US), Synthon (US), Heidelberg Pharma (Germany), Oxford BioTherapeutics (US)

Segmental Analysis

The global antibody drug conjugate market is segmented on the basis of type, product, technology, application, and end-user.

On the basis of type, the global antibody drug conjugate market is segmented into monoclonal antibodies, linker, drug/toxin, and others.

On the basis of application, the global antibody drug conjugate market is segmented into leukemia, prostate cancer, kidney cancer, pancreas cancer, glioblastoma, lung cancer, colon cancer, breast cancer, skin cancer, solid tumors, multiple myeloma, lymphoma, and other cancers. The leukemia segment is further divided into Acute Myeloid Leukemia (AML), Chronic Myeloid Leukemia (CML), Acute Lymphocytic Leukemia (ALL), and Chronic Lymphocytic Leukemia (CLL).

On the basis of product, the global antibody drug conjugate market is segmented into Adcertis, Kadcyla, and others.

On the basis of technology, the global antibody drug conjugate market is classified into ImmunoGen technology, Seattle Genetics technology, Immunomedics technology, and others.

On the basis of end-user, the global antibody drug conjugate market is classified into hospitals, specialized cancer centers, academic research institutes, biotechnology companies, biopharmaceutical companies, and others.

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Regional Analysis

The Antibody Drug Conjugate Market is showing significant growth in major regions such as the Asia Pacific, Europe, and North America.

North America holds more than half of the sales rate of the market in the forecast period. The regional market is accelerating due to the rise of new types of cancer cases in the region. The focus is on the prediagnosis drug, which is driving the market of this region. The investment in research and development activities for future development is fueling the North American market. The presence of top antibody-drug conjugate industrial players is advantageous to the regional market.

The Asia Pacific is considered the fastest-growing market in the growth period. After America, Asia Pacific has the higher cancer cases. The variety of new cancer cases is driving the demand for advanced cancer treatment. There is high demand is propelling antibody-drug conjugate usage in Asia pacific.

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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