Antibody-Drug Conjugates: Technologies and Global Markets
Report Scope
This report focuses on the global market for antibody-drug conjugates (ADCs), offering an updated review that covers their fundamental design and use across different oncology fields. In this report, market segmentation is based on payload, linker, antibody, indications, and region. The report also discusses current and developing technologies, market projections and market shares. An analysis of clinical trials, innovations, opportunities, and the latest trends in the ADC market are also discussed in the report.
The report only covers antibody-drug conjugates in which an antibody is conjugated with small-molecule cytotoxic agents (also called payload) through a linker. Alternative antibody conjugates, such as those involving antibodies linked to radioisotopes, are not covered in this report.
Report Includes
This report focuses on the global market for antibody-drug conjugates (ADCs), offering an updated review that covers their fundamental design and use across different oncology fields. In this report, market segmentation is based on payload, linker, antibody, indications, and region. The report also discusses current and developing technologies, market projections and market shares. An analysis of clinical trials, innovations, opportunities, and the latest trends in the ADC market are also discussed in the report.
The report only covers antibody-drug conjugates in which an antibody is conjugated with small-molecule cytotoxic agents (also called payload) through a linker. Alternative antibody conjugates, such as those involving antibodies linked to radioisotopes, are not covered in this report.
Report Includes
- 25 data tables and 45 additional tables
- An updated review of the global market for antibody drug conjugates
- Analyses of the global market trends, with data from 2021-2023, estimates for 2024, forecasts for 2025, and projections of compound annual growth rates (CAGRs) through 2029
- Evaluation of the overall market for antibody drug conjugates, and corresponding market share analysis by payload type, linker type, antibody type, indication and region
- Coverage of the latest approvals, recalls, safety alerts, and clinical trials; the technical issues related to human anti-mouse antibody (HAMA); and the factors affecting mAB drugs
- Information about major and emerging technologies for the formulation of antibody drug conjugates and assessment of their relation to biotechnology, immunology, pharmaceuticals, and biodefense companies
- Discussions of the market dynamics, opportunities and challenges
- Overview of the sustainability trends and ESG developments in the industry, with emphasis on the ESG practices followed by leading companies, their ESG ratings, and consumer attitudes
- Competitive intelligence, including companies’ market shares, recent M&A activity and venture funding
- Company profiles of major players within the industry, including F. Hoffmann-La Roche Ltd., Daiichi Sankyo, Pfizer Inc., and Gilead Sciences
CHAPTER 1 EXECUTIVE SUMMARY
Market Outlook
Scope of Report
Market Summary
CHAPTER 2 MARKET OVERVIEW
Overview
Components of ADCs
Drug-to-antibody Ratio (DAR)
How ADCs Work
Advantages of ADCs
Conjugation Methods
Conventional Conjugation Method
Site-Specific Conjugation
Key ADC Targets
Approved ADCs
CHAPTER 3 MARKET DYNAMICS
Market Dynamics Snapshot
Market Drivers
Rising Prevalence of Cancer and Unmet Need in Oncology
De-risked Development
Complexity of ADCs
Investor Confidence in ADC Therapeutic Modality
Support from Regulatory Agencies
Limitations
Technical and Manufacturing Challenges
ADC Resistance
CHAPTER 4 EMERGING TECHNOLOGIES AND DEVELOPMENTS
Bispecific or Dual-Targeted ADCs
Dual Payload ADCs
ADCs in Combination with Immune Checkpoint Inhibitors
B7-H3 Antibody Target
Site-specific Conjugation
Pipeline Analysis
Payload Type
Linker Type
Antibody Type
Indication Type
Target Type
Conjugation Method Type
Novel ADCs in Development, by Phase
CHAPTER 5 MARKET SEGMENTATION ANALYSIS
Segmentation Breakdown
Market Analysis, by Payload Type
Market Overview
Market Revenue and Forecast
Market Analysis, by Linker Type
Market Overview
Market Revenue and Forecast
Market Analysis, by Type of Antibody
Market Overview
Market Revenue and Forecast
Market Analysis, by Indication
Market Overview
Market Revenue and Forecast
Geographic Breakdown
Market Analysis, by Region
North America
Europe
Other Regions
CHAPTER 6 COMPETITIVE INTELLIGENCE
ADC Sales
Market Share Analysis
CHAPTER 7 APPENDIX
Methodology
Sources
Abbreviations
Company Profiles
ABBVIE INC.
ADC THERAPEUTICS SA
DAIICHI SANKYO CO. LTD.
F. HOFFMANN-LA ROCHE LTD.
GILEAD SCIENCES INC.
PFIZER INC.
Market Outlook
Scope of Report
Market Summary
CHAPTER 2 MARKET OVERVIEW
Overview
Components of ADCs
Drug-to-antibody Ratio (DAR)
How ADCs Work
Advantages of ADCs
Conjugation Methods
Conventional Conjugation Method
Site-Specific Conjugation
Key ADC Targets
Approved ADCs
CHAPTER 3 MARKET DYNAMICS
Market Dynamics Snapshot
Market Drivers
Rising Prevalence of Cancer and Unmet Need in Oncology
De-risked Development
Complexity of ADCs
Investor Confidence in ADC Therapeutic Modality
Support from Regulatory Agencies
Limitations
Technical and Manufacturing Challenges
ADC Resistance
CHAPTER 4 EMERGING TECHNOLOGIES AND DEVELOPMENTS
Bispecific or Dual-Targeted ADCs
Dual Payload ADCs
ADCs in Combination with Immune Checkpoint Inhibitors
B7-H3 Antibody Target
Site-specific Conjugation
Pipeline Analysis
Payload Type
Linker Type
Antibody Type
Indication Type
Target Type
Conjugation Method Type
Novel ADCs in Development, by Phase
CHAPTER 5 MARKET SEGMENTATION ANALYSIS
Segmentation Breakdown
Market Analysis, by Payload Type
Market Overview
Market Revenue and Forecast
Market Analysis, by Linker Type
Market Overview
Market Revenue and Forecast
Market Analysis, by Type of Antibody
Market Overview
Market Revenue and Forecast
Market Analysis, by Indication
Market Overview
Market Revenue and Forecast
Geographic Breakdown
Market Analysis, by Region
North America
Europe
Other Regions
CHAPTER 6 COMPETITIVE INTELLIGENCE
ADC Sales
Market Share Analysis
CHAPTER 7 APPENDIX
Methodology
Sources
Abbreviations
Company Profiles
ABBVIE INC.
ADC THERAPEUTICS SA
DAIICHI SANKYO CO. LTD.
F. HOFFMANN-LA ROCHE LTD.
GILEAD SCIENCES INC.
PFIZER INC.
LIST OF TABLES
Summary Table : Global Market for ADCs, by Type of Payload, Through 2029
Table 1 : Key Antigen Targets for ADCs
Table 2 : Commercially Available ADCs: Key Components and Target Antigens
Table 3 : Discontinued ADCs: Key Components and Target Antigens
Table 4 : Acquisitions in the ADC Market, 2023 and 2024
Table 5 : Recent Strategic Partnerships/Deals in the ADC Market
Table 6 : ADCs Approved Under FDA’s Accelerated Approval Program
Table 7 : Bispecific ADCs in Clinical Development
Table 8 : ADCs in Combination with Immune Checkpoint Inhibitors
Table 9 : ADC Candidates Targeted Against B7-H3
Table 10 : Novel ADCs in Phase 2 or Phase 3 Trials, by Phase and Payload Type
Table 11 : Novel ADCs in Phase 2 or Phase 3 Trials, by Phase and Linker Type
Table 12 : Novel ADCs in Phase 2 or Phase 3 Trials, by Phase and Antibody Type
Table 13 : Novel ADCs in Phase 2 or Phase 3 Trials for Selected Tumor Types
Table 14 : Novel ADCs in Phase 2 or Phase 3 Trials, by Target Types
Table 15 : ADCs in Phase 3 Clinical Trials
Table 16 : ADCs in Phase 2 and Phase 3 Clinical Trials
Table 17 : ADCs in Phase 2 Clinical Trials
Table 18 : Commonly Used ADC Payloads
Table 19 : Global Market for ADCs, by Type of Payload, Through 2029
Table 20 : Cleavable Linkers in FDA-approved ADCs
Table 21 : Non-cleavable Linkers in FDA-Approved ADCs
Table 22 : Global Market for ADCs, by Type of Linker, Through 2029
Table 23 : Global Market for ADCs, by Type of Antibody, Through 2029
Table 24 : ADCs Approved for Breast Cancer Treatment
Table 25 : ADCs Approved for Blood Cancer Treatment
Table 26 : ADCs Approved for Bladder Cancer Treatment
Table 27 : ADCs Approved for Cancers Other than Breast, Blood and Bladder Cancer
Table 28 : Global Market for ADCs, by Indication, Through 2029
Table 29 : Global Market for ADCs, by Region, Through 2029
Table 30 : North American Market for ADCs, by Type of Payload, Through 2029
Table 31 : North American Market for ADCs, by Type of Linker, Through 2029
Table 32 : North American Market for ADCs, by Type of Antibody, Through 2029
Table 33 : North American Market for ADCs, by Indication, Through 2029
Table 34 : European Market for ADCs, by Type of Payload, Through 2029
Table 35 : European Market for ADCs, by Type of Linker, Through 2029
Table 36 : European Market for ADCs, by Type of Antibody, Through 2029
Table 37 : European Market for ADCs, by Application, Through 2029
Table 38 : Other Regions Market for ADCs, by Type of Payload, Through 2029
Table 39 : Other Regions Market for ADCs, by Type of Linker, Through 2029
Table 40 : Other Regions Market for ADCs, by Type of Antibody, Through 2029
Table 41 : Other Regions Market for ADCs, by Application, Through 2029
Table 42 : Sales of ADCs, 2021-2023
Table 43 : Global Market Shares of Manufacturers/Marketers of ADCs, 2023
Table 44 : Report Sources
Table 45 : Abbreviations Used in This Report
Table 46 : AbbVie Inc.: Company Snapshot
Table 47 : AbbVie Inc.: Financial Performance, FY 2022 and 2023
Table 48 : AbbVie Inc.: Product Portfolio
Table 49 : AbbVie Inc.: News/Key Developments, 2023 and 2024
Table 50 : ADC Therapeutics SA: Company Snapshot
Table 51 : ADC Therapeutics SA: Financial Performance, FY 2022 and 2023
Table 52 : ADC Therapeutics SA: Product Portfolio
Table 53 : ADC Therapeutics SA: News/Key Developments, 2022
Table 54 : Daiichi Sankyo Co. Ltd.: Company Snapshot
Table 55 : Daiichi Sankyo Co. Ltd.: Financial Performance, FY 2022 and 2023
Table 56 : Daiichi Sankyo Co. Ltd.: Product Portfolio
Table 57 : Daiichi Sankyo Co. Ltd.: News/Key Developments, 2022–2024
Table 58 : F. Hoffmann-La Roche Ltd.: Company Snapshot
Table 59 : F. Hoffmann-La Roche Ltd.: Financial Performance, FY 2022 and 2023
Table 60 : F. Hoffmann-La Roche Ltd.: Product Portfolio
Table 61 : F. Hoffmann-La Roche Ltd.: News/Key Developments, 2022-2024
Table 62 : Gilead Sciences Inc.: Company Snapshot
Table 63 : Gilead Sciences Inc.: Financial Performance, FY 2022 and 2023
Table 64 : Gilead Sciences Inc.: Product Portfolio
Table 65 : Gilead Sciences Inc.: News/Key Developments, 2023 and 2024
Table 66 : Pfizer Inc.: Company Snapshot
Table 67 : Pfizer Inc.: Financial Performance, FY 2022 and 2023
Table 68 : Pfizer Inc: Product Portfolio
Table 69 : Pfizer Inc.: News/Key Developments, 2022-2024
Summary Table : Global Market for ADCs, by Type of Payload, Through 2029
Table 1 : Key Antigen Targets for ADCs
Table 2 : Commercially Available ADCs: Key Components and Target Antigens
Table 3 : Discontinued ADCs: Key Components and Target Antigens
Table 4 : Acquisitions in the ADC Market, 2023 and 2024
Table 5 : Recent Strategic Partnerships/Deals in the ADC Market
Table 6 : ADCs Approved Under FDA’s Accelerated Approval Program
Table 7 : Bispecific ADCs in Clinical Development
Table 8 : ADCs in Combination with Immune Checkpoint Inhibitors
Table 9 : ADC Candidates Targeted Against B7-H3
Table 10 : Novel ADCs in Phase 2 or Phase 3 Trials, by Phase and Payload Type
Table 11 : Novel ADCs in Phase 2 or Phase 3 Trials, by Phase and Linker Type
Table 12 : Novel ADCs in Phase 2 or Phase 3 Trials, by Phase and Antibody Type
Table 13 : Novel ADCs in Phase 2 or Phase 3 Trials for Selected Tumor Types
Table 14 : Novel ADCs in Phase 2 or Phase 3 Trials, by Target Types
Table 15 : ADCs in Phase 3 Clinical Trials
Table 16 : ADCs in Phase 2 and Phase 3 Clinical Trials
Table 17 : ADCs in Phase 2 Clinical Trials
Table 18 : Commonly Used ADC Payloads
Table 19 : Global Market for ADCs, by Type of Payload, Through 2029
Table 20 : Cleavable Linkers in FDA-approved ADCs
Table 21 : Non-cleavable Linkers in FDA-Approved ADCs
Table 22 : Global Market for ADCs, by Type of Linker, Through 2029
Table 23 : Global Market for ADCs, by Type of Antibody, Through 2029
Table 24 : ADCs Approved for Breast Cancer Treatment
Table 25 : ADCs Approved for Blood Cancer Treatment
Table 26 : ADCs Approved for Bladder Cancer Treatment
Table 27 : ADCs Approved for Cancers Other than Breast, Blood and Bladder Cancer
Table 28 : Global Market for ADCs, by Indication, Through 2029
Table 29 : Global Market for ADCs, by Region, Through 2029
Table 30 : North American Market for ADCs, by Type of Payload, Through 2029
Table 31 : North American Market for ADCs, by Type of Linker, Through 2029
Table 32 : North American Market for ADCs, by Type of Antibody, Through 2029
Table 33 : North American Market for ADCs, by Indication, Through 2029
Table 34 : European Market for ADCs, by Type of Payload, Through 2029
Table 35 : European Market for ADCs, by Type of Linker, Through 2029
Table 36 : European Market for ADCs, by Type of Antibody, Through 2029
Table 37 : European Market for ADCs, by Application, Through 2029
Table 38 : Other Regions Market for ADCs, by Type of Payload, Through 2029
Table 39 : Other Regions Market for ADCs, by Type of Linker, Through 2029
Table 40 : Other Regions Market for ADCs, by Type of Antibody, Through 2029
Table 41 : Other Regions Market for ADCs, by Application, Through 2029
Table 42 : Sales of ADCs, 2021-2023
Table 43 : Global Market Shares of Manufacturers/Marketers of ADCs, 2023
Table 44 : Report Sources
Table 45 : Abbreviations Used in This Report
Table 46 : AbbVie Inc.: Company Snapshot
Table 47 : AbbVie Inc.: Financial Performance, FY 2022 and 2023
Table 48 : AbbVie Inc.: Product Portfolio
Table 49 : AbbVie Inc.: News/Key Developments, 2023 and 2024
Table 50 : ADC Therapeutics SA: Company Snapshot
Table 51 : ADC Therapeutics SA: Financial Performance, FY 2022 and 2023
Table 52 : ADC Therapeutics SA: Product Portfolio
Table 53 : ADC Therapeutics SA: News/Key Developments, 2022
Table 54 : Daiichi Sankyo Co. Ltd.: Company Snapshot
Table 55 : Daiichi Sankyo Co. Ltd.: Financial Performance, FY 2022 and 2023
Table 56 : Daiichi Sankyo Co. Ltd.: Product Portfolio
Table 57 : Daiichi Sankyo Co. Ltd.: News/Key Developments, 2022–2024
Table 58 : F. Hoffmann-La Roche Ltd.: Company Snapshot
Table 59 : F. Hoffmann-La Roche Ltd.: Financial Performance, FY 2022 and 2023
Table 60 : F. Hoffmann-La Roche Ltd.: Product Portfolio
Table 61 : F. Hoffmann-La Roche Ltd.: News/Key Developments, 2022-2024
Table 62 : Gilead Sciences Inc.: Company Snapshot
Table 63 : Gilead Sciences Inc.: Financial Performance, FY 2022 and 2023
Table 64 : Gilead Sciences Inc.: Product Portfolio
Table 65 : Gilead Sciences Inc.: News/Key Developments, 2023 and 2024
Table 66 : Pfizer Inc.: Company Snapshot
Table 67 : Pfizer Inc.: Financial Performance, FY 2022 and 2023
Table 68 : Pfizer Inc: Product Portfolio
Table 69 : Pfizer Inc.: News/Key Developments, 2022-2024
LIST OF FIGURES
Summary Figure : Global Market Shares of ADCs, by Type of Payload, 2023
Figure 1 : Market Dynamics of Antibody-Drug Conjugates
Figure 2 : Estimated New Cancer Cases Globally, 2022, 2045 and 2050
Figure 3 : Key Considerations for Next-Generation ADCs
Figure 4 : Novel ADCs in Clinical Development, by Clinical Trial Phase
Figure 5 : Novel ADCs in Phase 2 or Phase 3 Trials, by Phase and Payload Type
Figure 6 : Distribution Share of ADC Pipeline, by Conjugation Method
Figure 7 : Global Market Shares of ADCs, by Type of Payload, 2023
Figure 8 : Global Market Shares of ADCs, by Type of Linker, 2023
Figure 9 : Global Market Shares of ADCs, by Type of Antibody, 2023
Figure 10 : Global Blood Cancer Incidence, by Type, 2022 vs. 2045
Figure 11 : Global Market Shares of ADCs, by Indication Type, 2023
Figure 12 : Global Market Shares of ADCs, by Region, 2023
Figure 13 : AbbVie Inc.: Revenue Share, by Business Unit, FY 2023
Figure 14 : AbbVie Inc.: Revenue Share, by Country/Region, FY 2023
Figure 15 : ADC Therapeutics SA: Revenue Share, by Business Unit, FY 2023
Figure 16 : ADC Therapeutics SA: Revenue Share, by Region, FY 2023
Figure 17 : Daiichi Sankyo Co. Ltd.: Revenue Share, by Business Unit, FY 2023
Figure 18 : Daiichi Sankyo Co. Ltd.: Revenue Share, by Region, FY 2023
Figure 19 : F. Hoffmann-La Roche Ltd.: Revenue Share, by Business Unit, FY 2023
Figure 20 : F. Hoffmann-La Roche Ltd.: Revenue Share, by Country/Region, FY 2023
Figure 21 : Gilead Sciences Inc.: Revenue Share, by Business Unit, FY 2023
Figure 22 : Gilead Sciences Inc.: Revenue Share, by Country/Region, FY 2023
Figure 23 : Pfizer Inc.: Revenue Share, by Business Unit, FY 2023
Figure 24 : Pfizer Inc.: Revenue Share, by Region, FY 2023
Summary Figure : Global Market Shares of ADCs, by Type of Payload, 2023
Figure 1 : Market Dynamics of Antibody-Drug Conjugates
Figure 2 : Estimated New Cancer Cases Globally, 2022, 2045 and 2050
Figure 3 : Key Considerations for Next-Generation ADCs
Figure 4 : Novel ADCs in Clinical Development, by Clinical Trial Phase
Figure 5 : Novel ADCs in Phase 2 or Phase 3 Trials, by Phase and Payload Type
Figure 6 : Distribution Share of ADC Pipeline, by Conjugation Method
Figure 7 : Global Market Shares of ADCs, by Type of Payload, 2023
Figure 8 : Global Market Shares of ADCs, by Type of Linker, 2023
Figure 9 : Global Market Shares of ADCs, by Type of Antibody, 2023
Figure 10 : Global Blood Cancer Incidence, by Type, 2022 vs. 2045
Figure 11 : Global Market Shares of ADCs, by Indication Type, 2023
Figure 12 : Global Market Shares of ADCs, by Region, 2023
Figure 13 : AbbVie Inc.: Revenue Share, by Business Unit, FY 2023
Figure 14 : AbbVie Inc.: Revenue Share, by Country/Region, FY 2023
Figure 15 : ADC Therapeutics SA: Revenue Share, by Business Unit, FY 2023
Figure 16 : ADC Therapeutics SA: Revenue Share, by Region, FY 2023
Figure 17 : Daiichi Sankyo Co. Ltd.: Revenue Share, by Business Unit, FY 2023
Figure 18 : Daiichi Sankyo Co. Ltd.: Revenue Share, by Region, FY 2023
Figure 19 : F. Hoffmann-La Roche Ltd.: Revenue Share, by Business Unit, FY 2023
Figure 20 : F. Hoffmann-La Roche Ltd.: Revenue Share, by Country/Region, FY 2023
Figure 21 : Gilead Sciences Inc.: Revenue Share, by Business Unit, FY 2023
Figure 22 : Gilead Sciences Inc.: Revenue Share, by Country/Region, FY 2023
Figure 23 : Pfizer Inc.: Revenue Share, by Business Unit, FY 2023
Figure 24 : Pfizer Inc.: Revenue Share, by Region, FY 2023
