How much is the conjugated monoclonal antibodies market worth, and how is it expected to expand?
The conjugated monoclonal antibodies market size has grown strongly in recent years. It will grow from $10.9 billion in 2024 to $11.48 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to the increasing prevalence of cancer, expansion of the private healthcare sector, government support, and growing patient population.
The conjugated monoclonal antibodies market size is expected to see strong growth in the next few years. It will grow to $14.64 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increased access to healthcare, growing demand for minimally invasive procedures, immunotherapeutic combinations, expanding healthcare access, and expanding indications. Major trends in the forecast period include advances in drug delivery, biomarker-driven development, next-generation conjugates, and patient-centric care.
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Which industry factors have accelerated the conjugated monoclonal antibodies market’s expansion?
The increasing popularity and therapeutic potential of conjugated monoclonal antibodies, especially antibody-drug conjugates, is expected to drive the conjugated monoclonal antibodies market demand over the forecast period. Antibody-drug conjugates (ADCs), a class of therapeutics consisting of monoclonal antibodies (MAbs) clubbed with highly potent cytotoxic drugs through a linker to kill the antigen-expressing tumor cells, are predominantly used in the treatment of cancer. In the last three to four years, the U.S. Food and Drug Administration has approved only three antibody-drug conjugates, indicating that the increased number of approvals is directly proportional to the use of conjugated monoclonal antibodies, mainly in the field of cancer, which in turn aids in the growth of the conjugated monoclonal antibodies market.
What are the primary segments of the conjugated monoclonal antibodies market?
The conjugated monoclonal antibodies market covered in this report is segmented –
1) By Drugs: Adcetris, Kadcyla
2) By Technology: Cleavable Linker, Non-cleavable Linker
3) By Application: Blood Cancer, Breast Cancer, Ovarian Cancer, Lung Cancer, Brain Tumor, Other Applications
Subsegments:
1) By Adcetris: Brentuximab Vedotin
2) By Kadcyla: Trastuzumab Emtansine
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Which firms are leading the conjugated monoclonal antibodies market?
Major companies operating in the conjugated monoclonal antibodies market include Pfizer Inc., F. Hoffmann-La Roche AG, Bristol -Myers Squibb, Merck & Co. Inc., Immunomedics Inc., Takeda Pharmaceuticals Industries Ltd., Daiichi Sankyo Company Limited, Actinium Pharmaceutical, Nordic Nanovector Inc., Spectrum Pharmaceuticals Inc., AbbVie Inc., Bayer AG, AstraZeneca plc, Novartis AG, Amgen, Celgene, Emergent BioSolutions, Genzyme, Incyte Corporation, Kite Pharma, MorphoSys AG, Regeneron Pharmaceuticals, Seattle Genetics
Which transformative trends will shape the conjugated monoclonal antibodies market landscape?
The high cost of conjugated monoclonal antibodies is anticipated to limit the growth of the conjugated monoclonal antibodies market. For instance, the first FDA-approved radioimmunotherapy drug, Yttrium 90 Ibritumomab Tiuxetan Therapeutic (Zevalin), is priced at around $55,000. The median annual cost for antibody treatments unrelated to COVID-19 in the United States typically ranges from $15,000 to $200,000. The high cost of the therapy makes it unaffordable for the patients and healthcare systems of underdeveloped countries, which hinders the growth of the conjugated monoclonal antibody market.
What are the major regional insights for the conjugated monoclonal antibodies market, and which region holds the top position?
North America was the largest region in the conjugated monoclonal antibody market in 2024. The Middle East is expected to be the fastest-growing region in the global conjugated monoclonal antibodies market share during the forecast period. The regions covered in the conjugated monoclonal antibodies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Conjugated Monoclonal Antibodies Market Report 2025 Offer?
The conjugated monoclonal antibodies market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Conjugated monoclonal antibodies refer to a compound formed from a monoclonal antibody that has been chemically coupled to a medication. The monoclonal antibody binds to particular proteins or receptors that are present in particular cell types, such as cancer cells. The associated medicine enters these cells, kills them, and leaves the rest of the cells alone.
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