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Comprehensive Market Analysis on ADC Contract Manufacturing Market projected to reach USD 27.4 Billion by 2030 | CAGR of 14.2% | Forecast period 2022-2030, published by MarketDigits

12-06-2024 02:41 PM CET | Health & Medicine

Press release from: Market digits

ADC Contract Manufacturing Market Size, Share, Forecast

ADC Contract Manufacturing Market Size, Share, Forecast

ADC Contract Manufacturing Market Scope:
Market size value in 2022 - USD 9.5 Billion
Market size value in 2030 - USD 27.4 Billion
CAGR (2023-2030) - 14.2%
Forecast Period - 2022-2030
Segments Covered - Linker, Application, End User and Region.
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Sterling Pharma Solutions Limited, Piramal Pharma Solutions, MabPlex International Co. Ltd, LEGOCHEM BIOSCIENCES, Inc., Samsung Biologics., Sartorius AG.

Download Sample Pages-https://www.marketdigits.com/request/sample/4552

Browse in-depth TOC on ADC Contract Manufacturing Market
178-Tables
95-Figures
335-Pages

North America dominates the market for ADC Contract Manufacturing.
North America stands out as the dominating region in the global ADC Contract Manufacturing market, with the U.S. leading in consumption and market share. This region is characterized by high growth attributed to a well-established biopharmaceutical industry, advanced research infrastructure, and a high prevalence of cancer cases. The region is a hub for innovative drug development, fostering strategic collaborations between pharmaceutical companies and ADC contract manufacturing organizations. Regulatory support and a strong emphasis on precision medicine contribute to the market's expansion in North America.
Asia Pacific region is experiencing rapid growth in the ADC contract manufacturing market due to the increasing focus on biopharmaceutical manufacturing in countries like China, India, and Japan. These countries offer a cost-effective manufacturing environment, skilled labor, and a growing pool of contract manufacturing organizations specializing in biologics. Additionally, the rise in cancer incidence, improving healthcare infrastructure, and favorable government initiatives in the Asia Pacific contribute to the market's attractiveness.

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Top Key Players Covered in the Report-
AbbVie Inc, Catalent, Inc., LEGOCHEM BIOSCIENCES, Inc., Lonza., MabPlex International Co. Ltd, Merck KGaA, Piramal Pharma Solutions, Recipharm AB, Samsung Biologics., Sartorius AG, Sterling Pharma Solutions Limited, WuXi Biologics, and Others.

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Recent Developments-
In February 2024, Samsung Biologics, a leading global contract development and manufacturing organization (CDMO), announced a partnership agreement with LegoChem Biosciences, a biotechnology company at the forefront of antibody-drug conjugate (ADC) program research and development.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-adc-contract-manufacturing-market-projected-to-reach-usd-274-billion-by-2030

MarketDigits
Email: sales@marketdigits.com

MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that a market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.

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