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Antibody Drug Conjugate (ADC) Market Size | 9.23% - CAGR Growth by 2033

Antibody Drug Conjugate Market Size (USD 27.37 Bn) Report by 2033

The report covers ADC (Antibody-Drug Conjugates) Market Segments focusing on applications such as blood cancers (leukemia, lymphoma, multiple myeloma), breast cancer, urothelial cancer, bladder cancer and other cancers. Products analyzes Kadcyla, Enhertu, Adcetris, Padcev, Trodelvy and Polivy. Targeted therapies are HER2, CD22 and CD30, among others. Technology includes types like cleavable linkers, non-cleavable linkers and linkerless, along with specific linker technologies such as VC, Sulfo-SPDB, VA and Hydrazone. Payload technologies features MMAE, MMAF, DM4 and Camptothecin, among others. The report offers the value (in USD Billion) for the above segments.

Antibody Drug Conjugate Market Size and Segments Analysis Report

The global antibody drug conjugate (ADC) market size was estimated at US$ 11.32 billion in 2023 and is projected to grow US$ 27.37 billion by 2033, rising at a compound annual growth rate (CAGR) of 9.23% from 2024 to 2033. The rising number of cancer cases and the rising need for safe, efficient medications are anticipated to fuel market expansion.

Antibody Drug Conjugate Market Revenue 2023 - 2033

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Key Takeaways

  • North America dominated the antibody drug conjugate market with the largest revenue share of 53% in 2023.
  • By application, the breast cancer segment has generated the biggest revenue share of 49% in 2023.
  • By application, the blood cancer segment is expected to grow at the fastest rate during the forecast period.
  • By product, the kadcyla segment held the largest share of the market in 2023.
  • By product, the enhertu segment is estimated to grow at the fastest CAGR during 2024-2033.
  • By target, the HER2 or human epidermal growth factor receptor 2 target type segment held the largest market share in 2023.
  • By target, the CD22 segment is anticipated to grow at the fastest rate during the forecast period.
  • By technology, the cleavable linker segment has held a major revenue share of 73% in 2023.

Industry at a Glance

Typically, an antibody-drug conjugate (ADC) is made up of a cytotoxic drug and a monoclonal antibody (mAb) that have been covalently linked by a chemical linker. The market for antibody drug conjugates is expanding as a result of its ability to combine the benefits of highly potent killing and highly specific targeting to accurately and effectively eradicate cancer cells. The antibody drug conjugate market has emerged as a center for anticancer drug research and development.

AI in Driving Growth in Antibody Drug Conjugate Market

Artificial Intelligence (AI) is set to revolutionize the Antibody Drug Conjugate (ADC) market by enhancing efficiency, precision, and innovation. AI algorithms can expedite the drug discovery process by analyzing vast datasets to identify potential antibody-drug combinations that are most likely to succeed. This reduces the time and cost associated with traditional trial-and-error methods. Additionally, AI can optimize the design of ADCs by predicting how different molecular structures will interact with target cells, thus improving efficacy and minimizing side effects.

In clinical trials, AI-driven analytics can predict patient responses, allowing for more personalized treatment plans and improving overall outcomes. AI can also streamline manufacturing processes by monitoring production in real-time, identifying potential issues before they become significant problems, and ensuring consistent quality.

AI's capability to process and analyze large volumes of biomedical literature and patient data can uncover new insights and trends that inform future research and development. By integrating AI into the ADC market, companies can accelerate innovation, reduce costs, and improve patient outcomes, ultimately driving market growth and enhancing the therapeutic potential of antibody-drug conjugates.

Top Companies in the Antibody Drug Conjugate Market

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

Pipeline of AbbVie in the Antibody Drug Conjugate Market

Company Name AbbVie
Headquarters Illinois, U.S.
Recent Launch In May 2024, during the American Society of Clinical Oncology (ASCO) Annual Meeting, which took place from May 31 to June 4, 2024, AbbVie presented three oral talks showcasing their novel antibody-drug conjugate (ADC) technology. Targeting distinct protein biomarkers that are overexpressed in different types of tumors, such as seizure-related homolog 6 protein (SEZ6) and c-Met (MET protein), is the goal of AbbVie's ADCs. Administering powerful drugs known as 'payloads' to the tumor, anticancer drug delivery systems (ADCs) use these biomarkers as possible targets.

Pipeline of AstraZeneca by the Antibody Drug Conjugate Market

Company Name AstraZeneca
Headquarters Cambridge, United Kingdom
Recent Launch In May 2024, to increase the availability of its range of antibody-drug conjugates (ADCs) throughout the world, AstraZeneca plans to construct a $1.5 billion production plant in Singapore. Through the use of a specific antibody, ADCs are next-generation therapies that directly deliver extremely effective anti-cancer medicines to cancer cells. AstraZeneca's first end-to-end ADC production site will be a planned greenfield plant with funding from the Singapore Economic Development Board (EDB). It will completely incorporate every stage of the manufacturing process at a commercial scale.

Continuous Research Drives the Antibody Drug Conjugate Market

Thanks to advancements in molecular biology techniques, site-specific antibody conjugation is being added to ADCs to boost their therapeutic efficacy. Genetically created antibodies are possible. Efforts are still being made to optimize the design of antibodies, linkers, and cytotoxic drug payloads in the particularly active field of ADC development research and development.

For instance,

  • In February 2024, according to the life sciences business of investment firm Carlyle, Abingworth would provide Gilead with up to $210 million to support specific clinical trials of the California pharma company's antibody-drug conjugate Trodelvy, with an emphasis on non-small cell lung cancer.

Side Effects of ADCs Restraints the Antibody Drug Conjugate Market

With twelve compounds in clinical use at the moment, ADCs are a fast-growing family of anti-cancer medications. Even with recent advancements, severe toxicities and negative risk-benefit profiles cause many ADCs to fail throughout clinical development. A significant portion of treated patients need dose reduction, treatment delays, or therapy withdrawal because of unacceptable ADC-associated toxicity, even for those ADCs that have been licensed for clinical use.

Personalized Medicine Creates Opportunity for the Antibody Drug Conjugate Market

Personalized ADCs might become a reality in the future when technology develops even further. Based on the patient's tumor antigens and other features, we might be able to create the best possible antibody, linker, and payload. "Smart chemotherapy" is what ADCs are. ADCs have the potential to replace chemotherapy in all present settings, and there are a tonne of opportunities when it comes to customized ADCs.

Report Highlights

Application Insights

Estimated Number of Breast Cancer Cases Worldwide

The breast cancer segment dominated the antibody drug conjugate market in 2023. The management of breast cancer has been greatly impacted by the multiple advancements and approvals for cancer treatments brought about by the explosive expansion in ADC research. Notably, the development of ADCs has advanced significantly in the field of breast cancer; the first approved ADC for solid tumors was T-DM1.

There is an increasing need for antibody-drug conjugates due to the rising incidence of breast cancer. The World Health Organization estimates that 670,000 people died worldwide, and 2.3 million women received a breast cancer diagnosis in 2022. Women get breast cancer in about 99% of cases, while men get breast cancer in 0.5–1% of cases.

The blood cancer segment is expected to grow at the fastest rate during the forecast period. Only one ADC has a solid tumor indication as of yet; the other three are approved by the FDA to treat hematological malignancies. Blood malignancies are less difficult to treat with ADCs due to their less restrictive tumor selectivity and easier access to the targeted cancer cells compared to solid tumors. These are the two key reasons for the improved success rate of this approach. Currently undergoing clinical trials are numerous ADCs, five of which have been approved to treat breast cancer or blood cancer.

Product Insights

Leukemia Cases vs Deaths Worldwide, 2022

The Kadcyla segment held the largest share of the antibody drug conjugate market in 2023. An antibody-drug combination called Kadcyla is designed to provide strong chemotherapy to HER2-positive cancer cells directly, possibly reducing harm to healthy organs in the process. In more than 100 nations, including the US and the EU, Kadcyla is authorized to be used as a single agent in the treatment of humans. Recurrences of the malignancy may be less common with trastuzumab emtansine, according to the study: Recurrences occurred in roughly 13 out of 100 patients who received trastuzumab emtansine and in about 23 out of 100 patients who received trastuzumab.

For instance,

  • In August 2023, Seagen declared that progression-free survival (PFS), including for patients with active brain metastases, was the primary endpoint of the phase 3 HER2CLIMB-02 clinical trial of TUKYSA in conjunction with the antibody-drug conjugate Kadcyla (ado-trastuzumab emtansine). HER2-positive breast cancer patients enrolled in the trial had previously been treated with taxanes and trastuzumab for incurable localized or metastatic disease. In terms of secondary endpoints, overall survival data are still in their infancy. Although the trial's combination arm saw a higher rate of discontinuations owing to adverse events, no new safety signals for the combination were discovered. An impending meeting will feature the results.

The Enhertu segment is estimated to grow at the fastest CAGR during 2024-2033. Enhertu has also received FDA approval for the treatment of adult HER2-positive non-small cell lung cancer (NSCLC). Enhertu targets HER2-positive breast cancer that has been treated with an anti-HER2 medication, as well as HER2-low breast cancer that has been treated with chemotherapy, as well as unresectable (not removable with surgery) and metastatic breast cancer.

For instance,

  • In January 2024, the science-driven biopharmaceutical company AstraZeneca India Pharma Ltd. formally introduced Trastuzumab deruxtecan, a medication designed to treat adult patients with metastatic or unresectable HER2 positive breast cancer who have already had an anti-HER2 regimen. Trastuzumab deruxtecan is a precisely tailored HER2-directed antibody-drug conjugate (ADC) that was developed in partnership with Daiichi Sankyo.

Target Insights

The HER2 segment held the largest antibody drug conjugate market share in 2023. Recently, significant progress has been achieved in the development of antibody-conjugation techniques, resulting in the creation of a novel class of potent drugs known as antibody-drug conjugates (ADCs) that target HER2. These molecules have completely changed the treatment landscape for breast cancer. Transtuzumab-emtansine and trastuzumab-deruxtecan, two HER2-targeting ADCs, have increased overall survival with manageable side effects in the second and third-line settings. In preclinical and clinical research, several HER2-targeting ADCs that make use of cutting-edge technological developments in the conceptualization of the antibody, linker, and/or payload have demonstrated promising activity. Some of these are currently being assessed in bigger clinical trials.

For instance,

  • In September 2023, Galen Breast HER2, an AI-powered tool that helps pathologists set a higher bar for precise and repeatable HER2 (human epidermal growth factor receptor 2) scoring in breast cancer patients, was launched by bex Medical Analytics, a leader in AI-powered cancer diagnostics. Many breast tumors express HER2, one of the proteins that cause breast cancer cells to divide and proliferate. Determining which individuals are most likely to benefit from HER2-directed therapy depends on accurately assessing HER2 expression in breast tumors.

The CD22 segment is anticipated to grow at the fastest rate during the forecast period. A unique cell surface sialoglycoprotein found on B-cells, CD22 controls B-cell growth and function. It is, therefore, a promising therapeutic target for B-cell cancers and autoimmune diseases. Numerous treatments, such as monoclonal antibodies, antibody-drug conjugates, radioimmunoconjugates, chimeric antigen receptor T cells, and bispecific antibodies, have been developed to target CD22. In this article, we go over the biology of CD22 and the important treatments that target it in lymphoid cancers. Additionally, autoimmune disorders like Sjogren syndrome and systemic lupus erythematosus have been linked to targeting CD22.

Technology Insights

The cleavable linker segment held the dominant share of the antibody drug conjugate market in 2023. An essential component of antibody-drug conjugates' effectiveness is cleavable linkers. They release cytotoxins from ADCs in a targeted manner by making use of the innate characteristics of tumor cells. They stay steady for a considerable amount of time in the bloodstream. Clever linkers, including inotuzumab ozogamicin (Besponsa) and brentuximab vedotin (Adcetris), are used by more than 80% of the clinically authorized ADCs9.

Regional Insights

North America dominated the antibody drug conjugate market by 53% in 2023. A number of well-funded start-ups and small businesses that provide antibody-drug conjugate with sophisticated linkers and more powerful warheads have emerged in recent years. The bulk of these businesses are headquartered in North America. Furthermore, ADC therapies for cancer have been actively reviewed and approved by the FDA. The use of antibody drug conjugates will be fueled by the U.S.'s rising cancer incidence rate.

Globally and in the U.S., cancer has a profound effect on society. It is predicted that in 2024, there will be 2,001,140 new instances of cancer identified in the U.S. and 611,720 deaths from the illness. An estimated 18.1 million Americans had survived cancer as of January 2022. By 2032, it is anticipated that there will be 22.5 million cancer survivors worldwide. It is projected that 14,910 kids and teenagers between the ages of 0 and 19 will receive a cancer diagnosis in 2024, and 1,590 of them will pass away from the illness. In 2020, the U.S. is expected to spend $208.9 billion on cancer care on a national level. Costs will probably rise in the coming years as the population ages, and the number of cancer cases rises.

Estimated New Cancer Cases in the U.S., 2024

Recent Developments in the Antibody Drug Conjugate Market

  • In June 2024, Adcytherix SAS declared that it has been incorporated and has received seed capital totaling €30 million to create innovative antibody-drug conjugates (ADCs) for the treatment of diseases with significant unmet needs, such as cancer.
  • In February 2024, introducing Daiichi Sankyo Singapore aims to increase the availability of its antibody-drug conjugates for cancer patients. Nearly 30% of deaths in Singapore are related to cancer. Thus, Daiichi Sankyo Singapore will be committed to filling gaps in the oncology field in an effort to prolong and enhance the lives of cancer patients.
  • In February 2024, Pfizer formally outlined their new cancer strategy in a statement made by CEO Albert Bourla, Ph.D., calling it an update to a key priority. This comes after the company paid $43 billion to acquire antibody-drug conjugate expert Seagen. By 2030, the business wants to have eight blockbuster cancer treatments.

Segments Covered in the Report

By Application

  • Blood Cancer
    • Leukemia
    • Lymphoma
    • Multiple Myeloma
  • Breast Cancer
  • Urothelial Cancer & Bladder Cancer
  • Other Cancer

By Product

  • Kadcyla
  • Enhertu
  • Adcetris
  • Padcev
  • Trodelvy
  • Polivy
  • Others

By Target

  • HER2
  • CD22
  • CD30
  • Others

By Technology

  • Type
    • Cleavable Linker
    • Non-cleavable Linker
    • Linkerless
  • Linker Technology Type
    • VC
    • Sulfo-SPDB
    • VA
    • Hydrazone
    • Others
  • Payload Technology
    • MMAE
    • MMAF
    • DM4
    • Camptothecin
    • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait
  • Insight Code: 5178
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: July 2024
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

Meet the Team

Deepa Pandey is a healthcare market research expert with 2+ years of experience, specializing in analyzing market trends, regulatory impacts, and emerging opportunities to guide strategic decision-making in the healthcare sector.

Learn more about Deepa Pandey

Aditi Shivarkar, with 14+ years of healthcare market research experience, ensures the accuracy, clarity, and relevance of reports. Her expertise helps businesses make informed decisions and stay competitive in healthcare sectors.

Learn more about Aditi Shivarkar

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FAQ's

Gemtuzumab ozogamicin6 was the first ADC to be approved in 2000. As of 2023, 15 ADCs are approved by the U.S. FDA.

The benefits of ADCs include modest impacts on noncancerous cells, accurate target detection and good tolerance.

World Health Organization, National Institutes of Health, Leukemia & Lymphoma Society, National Cancer Institute, FDA.