What is Antibody Drug Conjugates Market Scope?
Antibodies are well recognized in modern treatment of cancer, often in combination with cytotoxic chemotherapy, and exert their therapeutic effect by multiple mechanisms. Though, the activity often seems insufficient and too short lasting. To enhance efficacy, researchers devised the promising strategy of linking antibodies to potent cytotoxic agents to combine specificity with the drugs’ activity. This strategy, known as conjugation, leads to improved activity of both substances, increases drug distribution and reduces harmful exposure of normal tissue. Moreover, conjugation completely alters the pharmacokinetic profile of both components. Antibody drug conjugates permit the targeted delivery of a specific drug dose to the site of interest. It is most commonly employed in oncology, where a high drug dose is required at the tumor site, but not the surrounding tissue.
Influencing Trend:
Advancements in Linking Technologies in Antibody Drug Conjugates
Market Growth Drivers:
Rising Prevalence of Cancer Epidemics, Growing Geriatric Population Base Worldwide and Increasing Demand for Antibody Drug Conjugates and Presence of Strong Product Pipeline
Challenges:
Lack of Experienced Manufacturers
Restraints:
Manufacturing Cost of Antibody-Drug Conjugates Is High
Opportunities:
Rising Demand from Emerging Economies
The Antibody Drug Conjugates market study is being classified, by Application and major geographies with country level break-up.
Key players are implementing various strategies such as mergers & acquisitions, new solution development, joint ventures, partnerships and others. Medical technology and pharmaceutical companies are setting standards by providing new antibody drug conjugates with the help of various technological advancements. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Antibody Drug Conjugates market throughout the predicted period.
F. Hoffman-La Roche Ltd. (Switzerland), Novartis AG (Switzerland), Takeda Pharmaceutical Company Limited (Japan), Pfizer, Inc. (United States), Sanofi S.A. (France), Seattle Genetics Inc. (United States), Genentech Inc. (United States), Immunogen Inc. (United States), Immunomedics, Inc. (United States) and Bayer Healthcare Pharmaceuticals (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Agensys, Inc. (United States), Progenics Pharmaceuticals Inc. (United States), Concortis Biotherapeutics (United States) and Celldex Therapeutics Inc. (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Antibody Drug Conjugates market by Type, Application and Region.
On the basis of geography, the market of Antibody Drug Conjugates has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Target Audience
Antibody Drug Conjugates Providers, Suppliers of Antibody Drug Conjugates Components, Healthcare Industry, Pharmaceuticals, Governmental Bodies and Research Firms
Antibody Drug Conjugates Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Antibody Drug Conjugates Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Antibody Drug Conjugates industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.