Unveiling Regional Trends: A Deep Dive into the Antibody Drug Conjugates Market
The global antibody-drug conjugates (ADCs) market was valued at approximately USD 11.29 billion in 2023, with projections indicating a compound annual growth rate (CAGR) of 9.2% from 2024 to 2030. This growth is largely driven by a robust research and development (R&D) pipeline within the sector, which is enabling the continuous development of new and innovative ADCs. Additionally, the rising prevalence of cancer worldwide, coupled with an increasing demand for targeted therapies that offer high efficacy with minimal toxicity, is expected to fuel the market’s expansion. Several key ADCs currently dominate the market, including Kadcyla (Genentech/Roche), Adcetris (Seattle Genetics), Enhertu (AstraZeneca/Daiichi Sankyo), Besponsa (Pfizer), Mylotarg (Pfizer), and Polivy (Genentech/Roche). ADCs are a distinct class of therapeutic agents designed to deliver cytotoxic drugs directly to cancer cells. This is achieved by chemically linking a potent cytotoxic drug to an antibody, whic...