Antibody Drug Conjugates Market Growth, Trends & Forecast 2024-2031 | Pfizer Inc., AstraZeneca, Gilead Sciences Inc., Seagen Inc.

The Antibody Drug Conjugates Market study by DataM Intelligence provides a comprehensive analysis of the market, delivering valuable insights, detailed statistics, historical trends, and industry-backed market data. The report explores the competitive landscape, focusing on key players in the industry. It evaluates aspects such as product offerings, pricing models, financial performance, product portfolios, growth strategies, and regional expansion to offer a thorough understanding of market dynamics and future trends.

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What is the projected growth of the Global Antibody Drug Conjugates market?

The Global Antibody Drug Conjugates Market size reached USD 5,032.8 million in 2022 and is projected to witness lucrative growth by reaching up to USD 16,594.6 million by 2030. The market is exhibiting at a CAGR of 16.6% during the forecast period (2024-2031).

What is Antibody Drug Conjugates Market?

The Antibody Drug Conjugates (ADC) Market focuses on targeted cancer therapies that combine monoclonal antibodies with cytotoxic drugs for precise tumor destruction. Driven by rising cancer cases, advancements in biotechnology, and increasing FDA approvals, the market is expanding. Innovations in linker technology, payload optimization, and combination therapies further enhance the potential of ADCs in oncology treatment.

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Who are the major players in the Antibody Drug Conjugates market?

The prominent players in Antibody Drug Conjugates market research report are:

Takeda Pharmaceutical Company Ltd., Hoffmann-La Roche Ltd., Pfizer Inc., AstraZeneca, Gilead Sciences Inc., Seagen Inc., Astellas Pharma, Daiichi Sankyo Company Ltd., GlaxoSmithKline Plc, and ADC Therapeutics.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

Key Development

In May 2023, Sony Corporation and Astellas Pharma Inc. announced a collaborative research agreement to develop a novel Antibody-Drug Conjugate (ADC) platform for oncology. The platform, based on Sony's unique polymeric material, KIRAVIA, aims to selectively deliver anti-cancer drugs to target cells, enhancing efficacy while minimizing side effects caused by normal cell damage.

In May 2023, Sutro Biopharma, Inc., a clinical-stage oncology company specializing in site-specific and novel-format ADCs, released its first-quarter 2023 financial results, highlighted recent business developments, and provided a preview of key upcoming milestones.

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Market Segments

By Application: Breast cancer, Blood cancer, Skin cancer, Lung cancer, Others.

By Technology: Non-cleavable linker, Cleavable linker, Linker less.

The Antibody Drug Conjugates industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.

Regions Covered:

The global Antibody Drug Conjugates Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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