openPR Logo
Press release

Antibody Drug Conjugates Market Size, Share, Industry, Forecast and outlook (2023-2030)

11-23-2023 07:48 AM CET | Health & Medicine

Press release from: DataM Intelligence 4market Research LLP

Antibody Drug Conjugates Market Overview
The Antibody Drug Conjugates (ADCs) market has experienced substantial growth and is projected to witness significant expansion during the forecast period (2023-2030). Here is an in-depth analysis of market dynamics, scope, segment analysis, geographical penetration, competitive landscape, and the impact of COVID-19 and the Russia-Ukraine conflict:

Market Summary:
The global Antibody Drug Conjugates Market size reached USD 5,032.8 million in 2022 and is anticipated to grow to USD 16,594.6 million by 2030, exhibiting a CAGR of 16.6% during the forecast period.
Factors driving this growth include increasing cancer prevalence, advancements in antibody engineering, and conjugation technologies leading to targeted therapies.

Market Dynamics and Trends:
Cancer Prevalence: Rising cancer cases globally are a major driver for ADCs' market growth. The need for more effective and targeted therapies to treat cancer is met by ADCs, which offer reduced toxicity compared to traditional chemotherapy.
Advancements in Technologies: Progress in antibody engineering and conjugation technologies has significantly enhanced ADCs' potency, stability, and efficacy, contributing to their adoption in clinical practices.
Challenges:

High Production Costs and Side Effects: Development costs associated with ADCs are substantial due to extensive research, clinical trials, and regulatory processes. Additionally, there are manageable side effects, but some patients may experience adverse reactions.

Request for Free Sample: https://www.datamintelligence.com/download-sample/antibody-drug-conjugates-market

Market Segment Analysis:
Application Dominance: Breast cancer accounts for a significant segment of around 48.6% due to its prevalence and specific targeting for treatment. Recent launches like Palbociclib in India signify advancements in breast cancer treatment.

Geographical Penetration:
North America's Dominance: With about 51.4% market share, North America leads due to active new drug projects and launches. The region boasts a significant number of ADCs in pharma pipelines, contributing to market dominance.

Competitive Landscape:
Major global players in the ADCs market include Takeda Pharmaceutical Company Ltd., Hoffmann-La Roche Ltd., Pfizer Inc., AstraZeneca, among others.
Key Developments: Significant collaborations and innovative research ventures drive advancements in ADCs, such as Sony Corporation and Astellas Pharma Inc.'s collaborative research for a novel ADC platform.

COVID-19 Impact on ADCs Market:
The pandemic led to reduced patient visits, diagnoses, and halted R&D activities, impacting the ADCs market negatively. However, increased healthcare measures post-pandemic may lead to more cancer diagnoses and a subsequent demand for ADCs.

Russia-Ukraine Conflict Impact:
The conflict has significantly impacted international cancer clinical trials, leading to closures of treatment facilities and displacement. Key pharmaceutical companies' hesitation in investing or developing in these regions has affected the market.

Key Developments:
Notable collaborations and agreements have occurred, such as Sony Corporation and Astellas Pharma Inc.'s joint research agreement for a novel ADC platform.
Companies like Sutro Biopharma, Inc. and Bridge Biotherapeutics have reported significant financial and business milestones related to ADCs' research and development.

Related Reports:

https://www.datamintelligence.com/download-sample/anticoccidial-drugs-market
https://www.datamintelligence.com/download-sample/conjunctivitis-treatment-market
https://www.datamintelligence.com/download-sample/congestive-heart-failure-treatment-devices-market

Media Contact
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com/

About DataM Intelligence
DataM Intelligence 4Market Research is a Market Research firm that provides end-to-end business solutions to organizations from Research to Consulting. We at DataM Intelligence leverage our top trademark trends, insights, and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of Syndicate Reports & and; Customized Reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries, catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Antibody Drug Conjugates Market Size, Share, Industry, Forecast and outlook (2023-2030) here

News-ID: 3299337 • Views:

More Releases from DataM Intelligence 4market Research LLP

United States Facade Materials Market Valued at US$ 181.83 Billion in 2024, Projected to Reach US$ 246.93 Billion by 2032
United States Facade Materials Market Valued at US$ 181.83 Billion in 2024, Proj …
The Facade Materials Market was valued at US$ 181.83 billion in 2024 and is projected to reach US$ 246.93 billion by 2032, registering a CAGR of 3.9% during the forecast period 2025-2032. The market focuses on the development and utilization of advanced materials used in building facades to enhance energy efficiency, aesthetics, structural durability, and environmental sustainability. Facade materials including glass, metal, fiber cement, wood, and composite panels play a crucial
United States Natural Astaxanthin Market to Reach USD 1.5 Billion by 2031, Growing at a CAGR of 7.7% | Rising Demand in Nutraceuticals and Aquaculture
United States Natural Astaxanthin Market to Reach USD 1.5 Billion by 2031, Growi …
Global Natural Astaxanthin Market reached US$ 0.84 billion in 2023 and is expected to reach US$ 1.5 billion by 2031, growing with a CAGR of 7.7% during the forecast period 2024-2031. The Natural Astaxanthin Market focuses on the use of astaxanthin, a powerful antioxidant derived from microalgae, in industries like food and beverages, pharmaceuticals, cosmetics, and nutraceuticals. Known for its health benefits, such as reducing inflammation and supporting skin health, the
Remote Browser Isolation Market reached US$ 0.59 billion in 2024 and is expected to reach US$ 5.35 billion by 2032 | Broadcom, Cisco, Cloudflare, ConnX
Remote Browser Isolation Market reached US$ 0.59 billion in 2024 and is expected …
Remote Browser Isolation Market reached US$ 0.59 billion in 2024 and is expected to reach US$ 5.35 billion by 2032, growing with a CAGR of 31.75% during the forecast period 2025-2032. Remote Browser Isolation (RBI) is a cybersecurity technology that separates a user's web browsing activity from their local network and endpoints by running the browser sessions on remote servers. This approach prevents malware, ransomware, and phishing attacks from reaching the
United States Liquid Chromatography Mass Spectrometry Market to Reach USD 19.10 Billion by 2032, Growing at a CAGR of 13.82% | Expanding Applications in Pharma, Biotech, and Food Safety
United States Liquid Chromatography Mass Spectrometry Market to Reach USD 19.10 …
The Liquid Chromatography Mass Spectrometry Market size reached US$ 6.78 billion in 2024 and is expected to reach US$ 19.10 billion by 2032, growing with a CAGR of 13.82% during the forecast period 2025-2032. LC-MS combines liquid chromatography and mass spectrometry for highly sensitive chemical, proteomic, and pharmaceutical analysis. Growth is driven by drug discovery, clinical diagnostics, and environmental testing. Applications include metabolomics, food safety, and biomarker identification. Research labs, pharmaceutical

All 5 Releases


More Releases for ADC

ADC Market: Transforming Cancer Treatment
The global market for antibody-drug conjugates (ADCs) was valued at US$ 11.32 billion in 2023 and is expected to reach US$ 27.37 billion by 2033, growing at a compound annual growth rate (CAGR) of 9.23% from 2024 to 2033. This growth is primarily driven by the increasing prevalence of cancer and the growing demand for safe and effective treatments. Antibody Drug Conjugates: A Growing Force in Cancer Treatment and Market Expansion Key
With Knockout ADC Innovations, Creative Biolabs Took Center Stage at the 2024 Wo …
Creative Biolabs wrapped up a successful show at the 15th Annual World ADC San Diego in the beginning of November, where its third year of participation, highlighting its dedication to the advancement of antibody-drug conjugate (ADC) technology. New York, USA - November 13, 2024 - Creative Biolabs seized the spotlight at Booth 313 by offering groundbreaking solutions across the entire ADC development spectrum, which demonstrate their unrivaled expertise and dedication to
Showing Off Their ADC Game: Creative Biolabs Hits the 15th Annual World ADC Summ …
From November 4, Creative Biolabs will be back at the 15th Annual World ADC Summit in San Diego, marking its fourth year at the leading global gathering featuring innovative conjugates. New York, USA - November 6, 2024 - Creative Biolabs invites all ADC enthusiasts, from new entrants to seasoned experts, to explore its comprehensive suite of ADC solutions and experience the latest in antibody-drug conjugate (ADC) innovation at Booth #313. Image: https://www.getnews.info/uploads/0c59d26f78bf6dd58aafee5bc68d7d8c.jpg "2023
ADC Drugs For Breast Cancer Treatment
Breast cancer is the malignant tumor with the highest morbidity and mortality among women worldwide. At present, the main therapeutic methods include surgery, chemotherapy, radiotherapy, endocrine therapy and targeted therapy, etc. The development and marketing of new drugs have far-reaching significance in improving the survival of breast cancer patients and changing the pattern of breast cancer treatment. On February 24, 2023, The NMPA approved Enhertu, an injectable drug developed jointly by
Analog-to-Digital Converters Market by Product (Ramp ADC, Integrating ADC, Succe …
Analog-to-Digital Converters Market by Product (Ramp ADC, Integrating ADC, Successive Approximation ADC, Delta-sigma ADC, and Others (Pipelined/Flash ADC)), and Application (Consumer Electronics and Industrial) - Global Opportunity Analysis and Industry Forecast, 2017-2023 Full Report : https://www.alliedmarketresearch.com/analog-to-digital-converters-market Increasing disposable income and technological advancements supplement the analog-to-digital converters market. However, complex design of the ADC hampers this market growth. On the other hand, encouragement in digitization of work processes by government in emerging economies,
Global Data Converters Market Report 2017 (Analog to Digital Converter, Current …
The research report titled Global Data Converters Sales Market Report 2017 market size and forecast and overview on current market trends. This report studies sales (consumption) of Global Data Converters Market 2017, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering National Semiconductor Nippon Precision Circuits Inc Micro Analog systems Microchip Technology. TelCom Semiconductor, Inc Vishay Siliconix Texas