Registering a CAGR of 12.8% over the forecast period, the market value of Antibody-drug Conjugates is expected to reach US$ 20.40 billion in the year 2027.
Antibody-drug Conjugates (ADCs) are highly potent biopharmaceutical medications made by permanently or labile linking a tiny molecular therapeutic agent or anticancer drug to an antibody. ADCs are designed to deliver chemotherapeutic chemicals to cancer cells while avoiding hurting healthy cells, allowing patients to recover faster. Increasing antibody therapy research, the availability of funds to expedite ongoing drug discovery and oncology disease research, and rising healthcare spending are likely to drive global market revenue growth over the projection period. In addition, rising number of biotechnology and pharmaceutical companies along with research centers, and increasing FDA drug approvals and preclinical research activities are other factors expected to fuel market growth between 2021 and 2028.
DCs are a class of biopharmaceutical designed for the treatment of cancer, comprising an antibody that specifically targets a tumor antigen and a cytotoxic compound connected via a chemical linker. ADCs are intended to allow the specific targeting of the cytotoxic compound to kill cancer cells while having a limited effect on healthy tissue.
the increasing prevalence of cancer is expected to be one of the key factors driving the market over the forecast period. As per Globocan, in 2020, the incidence of cancer reached 19.3 million, and estimated deaths due to cancer were 9.96 million. The incidence is expected to reach 21.9 million by 2025 and 24.6 million by 2030. Antibody-drug conjugates (ADCs) combine the sensitive and unique targeting abilities of antibodies, which allows sensitive discrimination between cancer tissues and healthy tissues with the cell-killing ability of cytotoxic drugs.
Seagen and Sanofi Announce Collaboration to Develop and Commercialize Multiple Novel Antibody-Drug Conjugates
03/16/2022 – Seagen Inc. (Nasdaq:SGEN) and Sanofi today announced an exclusive collaboration agreement to design, develop, and commercialize antibody-drug conjugates (ADCs) for up to three cancer targets. The collaboration will utilize Sanofi’s proprietary monoclonal antibody (mAb) technology and Seagen’s proprietary ADC technology. ADCs are antibodies engineered to deliver potent anti-cancer drugs to tumor cells expressing a specific protein and Sanofi currently has one ADC in development.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
North America is the most COVID-influenced area across the world. Because of the flare-up of COVID-19, the market is expected to face slight difficulty in attributing to the postponement in diagnosis, drug deficiencies, and others. The antibody drug conjugate market in North America is exceptionally competitive due to the presence of an enormous level of market players.
North America is expected to control the worldwide market rapidly because of the expanding multiplication of technologically innovative technologies in the countries of the region such as the United States, Canada, and Mexico. North America is a very developed region as far as clinical information, and the utilization of ADCs is considered and makes up the vast majority of the established market. For instance, in April 2021, Pfizer acquired Amplyx Pharmaceuticals Inc. to develop antibody drug conjugates and several other therapies for cancer. Moreover, Asia Pacific is expected to contribute significantly to the market growth during the forecast time because of the COVID-19 flare in Wuhan Province in China and further adjoining nations.
The Antibody-drug Conjugates Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Antibody-drug Conjugates Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Antibody-drug Conjugates Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Antibody-drug Conjugates Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 12.8% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | ImmunoGen, Inc. (NasdaqGS :IMGN), Seagen Inc. (NasdaqGS SGEN), Roche, Takeda Pharmaceutical Company Ltd., F. Hoffmann-La Roche Ltd., Pfizer, Inc., AstraZeneca, Gilead Sciences, Inc |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 131 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Antibody-drug Conjugates Market is studied from 2017 - 2027.
Who are the key players in Antibody-drug Conjugates Market?
ImmunoGen, Inc. (NasdaqGS :IMGN), Seagen Inc. (NasdaqGS SGEN), Roche, Takeda Pharmaceutical Company Ltd., F. Hoffmann-La Roche Ltd., Pfizer, Inc., AstraZeneca, Gilead Sciences, Inc., Astellas Pharma, Seagen, Inc., Daiichi Sankyo Company Ltd., GlaxoSmithKline Plc, ADC Therapeutics and others.
What are the significant types of Antibody-drug Conjugates Market?
Adcetris, Kadcyla, Others.
What are the major end-use applications of Antibody-drug Conjugates Market?
Breast Cancer, Lymphoma, Others.
What segments are covered in the Antibody-drug Conjugates Market report?
The Global Antibody-drug Conjugates Market is segmented on the basis of Product, Application, and Geography.
How can I get a sample report/company profile for the Antibody-drug Conjugates Market?
The sample report for the Antibody-drug Conjugates Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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