The Antibody Drug Conjugates (ADC) market size was estimated at USD 5.78 billion in 2023 and is projected to reach USD 24.53 billion in 2030 at a CAGR of 22.94% during the forecast period 2023-2030.
Antibody-Drug Conjugates (ADCs) are a class of targeted cancer therapies that combine the speciality of monoclonal antibodies (mAbs) with the potency of cytotoxic drugs. These therapies are designed to specifically target cancer cells while minimizing damage to healthy cells, which can lead to improved treatment efficacy and reduced side effects compared to traditional chemotherapy. Several ADCs have been approved for use in treating various types of cancers, including breast cancer, lymphoma, and certain types of leukaemia. However, its important to note that ADCs may not be suitable for all types of cancers, and their efficacy and safety depend on factors such as the target antigen, the antibody used, the linker technology, and the cytotoxic payload.