The global antibody-drug conjugates (ADCs) market is expected to reach US$11,062.460 million by 2024 from US$2,704.460 million in 2018, at a CAGR of 26.46%. Antibody-drug conjugates consist of a monoclonal antibody (mAb), a cytotoxic drug and a linker. These ADCs help in providing selectivity where it is able to select a tumor from a normal cell, hence provides effective therapy for targeted cancer treatment, promoting the market growth during the forecast period. The major drivers attributed to the market growth comprises of growing health expenditure which includes spending on cancer care, growing extensive research activities on ADCs worldwide, and a growing trend towards targeted cancer therapeutics with the growing cancer incidences worldwide. At present, only four ADCs have received market approval, and many are at different stages of development. Furthermore, big companies are also collaborating with each other and/or with the research and academic organizations for the development of ADCs, further promoting market growth during the forecast period.
The Global Antibody-Drug Conjugates Market – Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by the target, by indication, and by geography.
The global antibody-drug conjugates market on segmented based on target, indication, and geography. Based on target the market has been segmented into CD 30, CD 22, and HER 2. By indication, the market is segmented into haematologic malignancies and non-haematologic malignancies.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024, taking 2018 as the base year. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and the Asia Pacific regions. The report also analyzes 14 major countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the global antibody-drug conjugates market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the global antibody-drug conjugates market.
The global antibody-drug conjugates market has been analyzed through the following segments: