Discount sale is live
all report title image

Antibody Drug Conjugates Market Analysis & Forecast: 2025-2032

Antibody Drug Conjugates Market, By Product Type (Adcetris, Kadcyla, Enhertu, Trodelvy, Padcev, Others), By Linker Type (Non-cleavable Linker, Cleavable Linker), By Application (Blood Cancer, Breast Cancer, Ovary Cancer, Lung Cancer, Skin Cancer, Brain Tumor, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, E-commerce), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

  • Published In : 04 Oct, 2025
  • Code : CMI181
  • Pages :210
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical
  • Historical Range: 2020 - 2024
  • Forecast Period: 2025 - 2032

Antibody Drug Conjugates Market Size and Forecast – 2025 to 2032

The global antibody drug conjugates market is estimated at USD 7.01 Bn in 2025 and is expected to grow at a compound annual growth rate (CAGR) of 14.2% from 2025 to 2032, reaching USD 17.76 Bn by 2032.

Key Takeaways from the Antibody Drug Conjugates Market Report

  • Adcetris is expected to remain a highly sought-after product type, accounting for 40.8% of the global market share in 2025.
  • Based on linker type, Cleavble linker segment is set to account for a dominant antibody drug conjugates market share by 2025.
  • By application, Breast Cancer segment is slated to dominate the global ADCs market during the forecast period.
  • North America is expected to retain its dominance, capturing 37.7% of the global antibody drug conjugates industry share in 2025.
  • Europe remains the second-leading market for antibody drug conjugates.

 Market Overview

  • The antibody drug conjugates market is expected to grow rapidly during the forecast period. This is attributable to rising incidence of various cancers and increasing demand for targeted cancer therapies.
  • Pharmaceutical companies are investing heavily in the development of new antibody-drug conjugates (ADCs). These innovative therapies combine antibodies with potent drugs, allowing them to selectively target and attack cancer cells while minimizing damage to healthy tissues.
  • For instance, in September 2025, Glenmark strengthened its oncology portfolio with Hengrui Pharma’s HER2-targeting ADC. The company signed an agreement granting it exclusive global rights to develop and sell Trastuzumab Rezetecan (SHR-A1811), excluding certain regions. This deal shows how companies are working to grow their role in the ADC market.
  • Many countries are strengthening their healthcare infrastructure and expanding access to advanced cancer therapies. For example, several hospitals in the U.S. and Europe are incorporating ADCs into standard cancer treatment protocols, boosting market demand.
  • Technological advancements, such as improved antibody design and linker technologies, are enhancing the safety and effectiveness of ADCs. These factors, along with increasing patient awareness of targeted therapies, will support market growth through the forecast period.

Current Events and Its Impact

Current Event

Description and its Impact

Regulatory Framework Evolution and Accelerated Approvals

  • Description: FDA's Accelerated Approval Pathway Expansion.
  • Impact: Enhanced speed-to-market for ADCs targeting rare cancers, reducing clinical trial timelines and increasing market entry opportunities.
  • Description: EMA's PRIME Designation Streamlining.
  • Impact: Expedited regulatory review process in Europe creating faster patient access and revenue generation for ADC developers.

Breakthrough Technological Innovations in ADC Development

  • Description: Next-Generation Linker Technology Advancements.
  • Impact: Improved stability and payload delivery systems enhancing therapeutic efficacy and reducing side effects, driving market differentiation.
  • Description: AI-Driven Target Discovery and Optimization.
  • Impact: Machine learning accelerating identification of novel cancer targets and antibody engineering, shortening development cycles and reducing costs.

Healthcare Infrastructure and Market Access Evolution

  • Description: Oncology Treatment Centralization in Emerging Markets.
  • Impact: Specialized cancer centers adoption in Asia-Pacific and Latin America expanding addressable patient populations for premium ADC therapies.
  • Description: Biosimilar Competition Timeline Acceleration.
  • Impact: Patent cliffs approaching for early ADC products creating price erosion pressures while opening generic/biosimilar opportunities.

Uncover macros and micros vetted on 75+ parameters: Get instant access to report

Role of Artificial Intelligence (AI) in Antibody Drug Conjugates Market

Artificial Intelligence (AI) is playing an important role in the development of antibody drug conjugates (ADCs). It helps researchers identify the best antibodies and drugs to combine, predict how they will behave in the body, and optimize their design for better effectiveness and safety.

AI also speeds up the discovery process, reduces costs, and improves decision-making in clinical trials. It is making ADC development faster, smarter, and more efficient. As a result, antibody drug conjugate manufacturers are increasingly embracing this advanced technology.

For instance, in January 2025, Lantern Pharma launched its AI-powered RADR module. This new AI-powered tool is designed to make developing antibody-drug conjugates (ADCs) for cancer faster, cheaper, and more precise.

Segmental Insights

Antibody Drug Conjugates Market By Product Type

To learn more about this report, Download Free Sample

Antibody Drug Conjugates Market Insights, By Product Type - Adcetris Continues to See Strong Demand Amid Widespread Use in Oncology

Adcetris segment is expected to hold a dominant share of 40.8% in the global antibody drug conjugates market revenue in 2025. This is mainly because it is widely accepted by doctors and patients for treating various cancers. Its proven effectiveness and broad use make it the most popular choice compared to other ADCs.

Adcetris is being widely used to treat certain type of lymphoma, including relapsed or refractory Hodgkin lymphoma and systemic anaplastic large cell lymphoma (ALCL). As a result, it is witnessing increased approval across various regions.

For instance, in June 2025, European Commission approved ADCETRIS® (brentuximab vedotin) for the treatment of adult patients with newly diagnosed stage IIb/III/IV Hodgkin Lymphoma in combination with ECADD. These approvals will further improve share of the target segment during the forthcoming period.

Antibody Drug Conjugates Market Insights, By Application - Breast Cancer Remains Top Application for ADCs

Based on application, breast cancer segment is anticipated to dominate the global antibody drug conjugates industry during the assessment period. This is attributable to increasing prevalence of breast cancer.

Breast cancer is one of the most common cancers globally. According to the International Agency for Research on Cancer (IARC), there will be about 3.2 million new breast cancer cases by 2050 if the current trends continue.

This high prevalence is expected to create a strong demand for effective treatments, including antibody drug conjugates, during the forthcoming period. ADCs are known for targeting cancer cells more precisely while reducing damage to healthy tissues.

Development of several FDA-approved ADCs specifically for breast cancer treatment is also boosting the target segment. These therapies have shown promising results in improving patient outcomes, especially for aggressive or hard-to-treat breast cancers.

Regional Insights

Antibody Drug Conjugates Market By Regional Insights

To learn more about this report, Download Free Sample

North America Remains at the Epicenter of Antibody Drug Conjugates Market Growth

North America is expected to dominate the global ADCs market, capturing a share of 37.7% in 2025. This can be attributed to increasing prevalence of cancer, advancements in ADC technology, strong regulatory support, and new product launches or approvals.

The U.S. Food and Drug Administration (FDA) is continuously approving novel therapies like ADCs to tackle the burden of cancer. For instance, in June 2025, FDA approved Datroway (datopotamab deruxtecan-dlnk) for advanced non-small cell lung cancer. These approvals reflect the region's commitment to expanding treatment options for various cancer types.

Europe Antibody Drug Conjugates Market Analysis & Trends

Europe remains the second-largest market for antibody drug conjugates, and the trend will likely continue during the assessment period. This growth can be attributed to increased investment in cancer research, advanced healthcare infrastructure, and adoption of innovative therapies across the region.

Nations like Germany, the U.K., and France are leading in funding clinical trials and supporting biotechnology companies working on ADCs. For example, Germany is investing heavily in next-generation cancer treatments, which is expected to boost demand for ADCs in hospitals and research centers.

Leading manufacturers of antibody drug conjugates are expanding their presence across European nations to capitalize on emerging opportunities. For instance, in May 2025, BioNTech announced plans to invest up to £1 billion over the next decade to expand its research and development activities in the UK. This investment will help the company bring innovative cancer treatment to market.

Antibody Drug Conjugates Market Outlook – Country-wise

United States Remains Market Leader in ADCs

The United States remains a key market for antibody drug conjugates. This is mainly due to rising cancer patient pool, strong investment in cancer research, and advanced biotechnology. Increasing government funding and private investment in clinical trials support the development of innovative ADC therapies.

Major pharmaceutical companies, including Pfizer, Seattle Genetics, and Amgen, are actively working on new ADC candidates and expanding their production capabilities. For example, Seattle Genetics recently announced progress in its late-stage ADC pipeline, which is expected to enhance treatment options for multiple cancer types.

Adoption of cutting-edge technologies, such as site-specific conjugation and improved linker technologies, is helping U.S. companies maintain a competitive edge as well as meet growing patient demand. Similarly, rising interest in personalized medicine is driving demand for antibody drug conjugates in the nation.

China Emerging as a Hotbed for Antibody Drug Conjugate Companies

China continues to see rapid growth in the ADC market, fueled by increasing domestic manufacturing capabilities and expanding healthcare infrastructure. The country is focused on boosting local production of ADCs to reduce dependency on imports and improve access to innovative cancer therapies.

Local biotech firms such as Hengrui Medicine, Chi-Med, and Innovent Biologics are leading ADC development in China. They often collaborate with global partners for technology transfer and clinical development.

For instance, Innovent Biologics advanced a novel ADC into late-stage clinical trials, highlighting the country’s growing capacity to develop and commercialize complex therapies. Government support for biotech innovation and faster regulatory approvals is expected to sustain strong market growth.

Antibody Drug Conjugates Industry News

  • In September 2025, the U.S. FDA gave Priority Review to AstraZeneca and Daiichi Sankyo’s drug ENHERTU (fam-trastuzumab deruxtecan) with pertuzumab as a first treatment for patients with HER2-positive metastatic breast cancer. This decision was based on strong results from the DESTINY-Breast09 Phase III trial, which showed the combo worked better than the current standard treatment.
  • In February 2025, the U.S. FDA approved the use of brentuximab vedotin (Adcetris) together with lenalidomide and rituximab to treat adults with relapsed or hard-to-treat large B-cell lymphoma (LBCL) who cannot receive a stem cell transplant or CAR-T therapy. Brentuximab vedotin is a type of antibody-drug conjugate (ADC), a targeted cancer treatment.
  • In January 2025, MabPlex launched a new commercial ADC Drug Product Fill/Finish Line. This production line is built to meet commercial ADC demand and follows all necessary regulations.

Market Report Scope

Antibody Drug Conjugates Market Report Coverage

Report Coverage Details
Base Year: 2024 Market Size in 2025: USD 7.01 Bn
Historical Data for: 2020 To 2024 Forecast Period: 2025 To 2032
Forecast Period 2025 to 2032 CAGR: 14.2% 2032 Value Projection: USD 17.76 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Product Type: Adcetris, Kadcyla, Enhertu, Trodelvy, Padcev, Others
  • By Linker Type: Non-cleavable Linker, Cleavable Linker
  • By Application: Blood Cancer, Breast Cancer, Ovary Cancer, Lung Cancer, Skin Cancer, Brain Tumor, Others
  • By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, E-commerce
Companies covered:

AstraZeneca PLC, Daiichi Sankyo Company, Limited, Novasep, ADC Therapeutics SA, Alentis Therapeutics AG, F. Hoffmann-La Roche, Gilead Sciences, Inc., AbbVie Inc., Biosion USA, Inc., Astellas Pharma Inc., Duality Biologics (Suzhou) Co. Ltd., BioNTech SE, LaNova Medicines Ltd., Bliss Biopharmaceutical, Eisai Co., Ltd., ProfoundBio, Pfizer, Inc., ImmunoGen Inc., Mersana Therapeutics Inc., Sorrento Therapeutics Inc., Oxford BioTherapeutics Ltd, and Takeda Pharmaceutical Company Ltd

Growth Drivers:
  • Increasing inorganic strategies
  • Investments by key market players to expand the current manufacturing capacities
Restraints & Challenges:
  • Toxic side effects of ADCs

Uncover macros and micros vetted on 75+ parameters: Get instant access to report

Antibody Drug Conjugates Market Dynamics

Antibody Drug Conjugates Market Driver – Rising Prevalence of Cancer Globally

The global incidence of cancer is increasing at an alarming pace across nations like China, India, and the United States. For example, American Cancer Society estimates that there will be about 2,041,910 new cancer cases and 618,120 cancer deaths in the U.S. in 2025.

This surge in cancer cases is boosting demand for antibody drug conjugates (ADCs) and other therapies. ADCs are emerging as powerful tools against the rising cancer burden. They combine the targeting ability of monoclonal antibodies with the strong cancer-killing effect of cytotoxic drugs to eradicate cancer cells.

Antibody Drug Conjugates Market Challenge – Toxic Side Effects of ADC

One of the major factors hampering market growth is unavoidable toxic side effects, which are caused by the premature release of cytotoxic small molecules into the bloodstream. According to an article published by Biopharma PEG, a biotechnology-oriented company, most existing ADCs appear to have a toxicity profile dominated by "off-target, off-tumor" events.

The associated increased risk is determined by the toxicity profile of cytotoxic small molecules. Maytansine (DM1) off-target toxicity included hepatotoxicity and thrombocytopenia. Monomethyl auristatin E (MMAE) was linked to an increased risk of peripheral neuropathy, neutropenia, and anemia.

The compound monomethyl auristatin F (MMAF) has been linked to ocular toxicity. Key players operating in this market need to develop innovative ADCs that are less toxic than existing ones, which will assist in creating lucrative opportunities for market development over the forecast period.

Antibody Drug Conjugates Market Opportunity – Funds Raised by Startups for Development of Potential ADC Candidates

ADC have gained significant traction in recent years, and more players are entering the market; however, some lack financial capital to develop their robust pipeline of ADC. This has encouraged startups to raise funds through financing round; such initiatives are anticipated to support the development of the ADC market over the projected period.

For instance, in April 2023, Novo Holdings A/S, a leading international life sciences investor, announced a new investment in Alentis Therapeutics AG, a clinical-stage biotechnology company, of USD105 million in Series C financing. The company is developing breakthrough treatments for organ fibrosis and Claudin-1 (CLDN1)-positive tumors.

The funding will be used to support the clinical development of Alentis' lead investigational products, ALE.F02 and ALE.C04, as well as the development of the CLDN1 platform. CLDN1 antibody drug conjugates (ADC) and bi-specific antibodies are being engineered using the platform.

Analyst Opinion (Expert Opinion)

  • The antibody drug conjugates market is shifting from being an experimental therapy to becoming a mainstream part of cancer treatment. This shift is happening because newer ADCs are showing strong survival benefits while reducing the need for broad chemotherapy.
  • Approvals are picking up fast. Between 2019 and 2024, the FDA cleared six ADCs, compared to only four in the previous 18 years. Drugs like Daiichi Sankyo and AstraZeneca’s Enhertu have already crossed $2.5 billion in global sales in 2023, proving that ADCs are no longer “future potential” but commercial reality.
  • Expanding patient pools are a big driver. Enhertu works not just in HER2-positive cancers but also in HER2-low tumors, which increases eligible patients by nearly 55%. This kind of expansion shows why big pharma is racing to secure ADC assets. Pfizer’s $43 billion acquisition of Seagen in 2023 is a clear example of how valuable these drugs have become.
  • Safety and innovation are now the main challenges. While ADCs are effective, side effects like interstitial lung disease (seen in up to 15% of patients on trastuzumab deruxtecan) highlight the need for safer linker and payload technologies. Companies that can solve this issue will dominate the next wave of ADC development.
  • Consolidation is inevitable. Large pharma companies with global sales networks will continue acquiring ADC-focused biotechs to strengthen pipelines. Pfizer’s Seagen deal is likely the start of a wave, and I expect more multi-billion-dollar ADC acquisitions in the next two years.

Market Segmentation

  • Product Type Insights (Revenue, US$ Bn, 2025 - 2032)
    • Adcetris
    • Kadcyla
    • Enhertu
    • Trodelvy
    • Padcev
    • Others
  • Linker Type Insights (Revenue, US$ Bn, 2025 - 2032)
    • Non-cleavable Linker
    • Cleavable Linker
  • Application Insights (Revenue, US$ Bn, 2025 - 2032)
    • Blood Cancer
    • Breast Cancer
    • Ovary Cancer
    • Lung Cancer
    • Skin Cancer
    • Brain Tumor
    • Others
  • Distribution Channel Insights (Revenue, US$ Bn, 2025 - 2032)
    • Hospital Pharmacies
    • Retail Pharmacies
    • E-commerce
  • Regional Insights (Revenue, US$ Bn, 2025 - 2032)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa
      • GCC Countries
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Key Players Insights
    • AstraZeneca PLC
    • Daiichi Sankyo Company Limited
    • Novasep
    • ADC Therapeutics SA
    • Alentis Therapeutics AG
    • F. Hoffmann-La Roche
    • Gilead Sciences, Inc.
    • AbbVie Inc.
    • Biosion USA, Inc.
    • Astellas Pharma Inc.
    • Duality Biologics (Suzhou) Co. Ltd.
    • BioNTech SE
    • LaNova Medicines Ltd.
    • Bliss Biopharmaceutical
    • Eisai Co., Ltd.
    • ProfoundBio
    • Pfizer, Inc.
    • ImmunoGen Inc.
    • Mersana Therapeutics Inc.
    • Sorrento Therapeutics Inc.
    • Oxford BioTherapeutics Ltd
    • Takeda Pharmaceutical Company Ltd

Sources

Primary Research interviews

  • Industry experts and key stakeholders from biopharmaceutical manufacturing, distribution, and hospital end-user segments
  • Technical specialists, oncology researchers, and product developers
  • Procurement and supply chain managers from healthcare institutions and pharma companies

Databases

  • U.S. Food and Drug Administration (FDA) database
  • European Medicines Agency (EMA) database
  • ClinicalTrials.gov
  • DrugBank
  • World Health Organization (WHO) Global Health Observatory

Magazines

  • PharmaVOICE
  • Genetic Engineering & Biotechnology News (GEN)
  • Pharmaceutical Executive
  • BioPharm International
  • FiercePharma

Journals

  • Journal of Clinical Oncology
  • Nature Reviews Drug Discovery
  • The Lancet Oncology
  • Molecular Cancer Therapeutics
  • Bioconjugate Chemistry

Newspapers

  • The Wall Street Journal (Pharma & Healthcare)
  • Financial Times (Healthcare & Pharma)
  • The New York Times (Health Section)
  • The Guardian (Health & Science)

Associations

  • American Association for Cancer Research (AACR)
  • American Society of Clinical Oncology (ASCO)
  • International Society for Antibody-Drug Conjugates (ISADC)
  • Biotechnology Innovation Organization (BIO)
  • European Society for Medical Oncology (ESMO)

Public Domain sources

  • Government reports and whitepapers (NIH, CDC, NCI)
  • Patent filings and IP registries (USPTO, EPO)
  • Press releases from leading biopharmaceutical companies
  • Conference proceedings and scientific presentations

Proprietary Elements

  • CMI Data Analytics Tool
  • Proprietary CMI Existing Repository of information for last 8 years

Share

Share

About Author

Vipul Patil is a dynamic management consultant with 6 years of dedicated experience in the pharmaceutical industry. Known for his analytical acumen and strategic insight, Vipul has successfully partnered with pharmaceutical companies to enhance operational efficiency, cross broader expansion, and navigate the complexities of distribution in markets with high revenue potential.

Missing comfort of reading report in your local language? Find your preferred language :

Frequently Asked Questions

The global antibody drug conjugates market is estimated to be valued at USD 7.01 Bn in 2025.

The global market size is expected to reach USD 17.76 Bn by 2032.

Global demand for antibody drug conjugates is poised to rise at a CAGR of 14.2%.

Rising cancer burden, new product launches and approvals, and advancements in ADC technology are expected to drive the market’s growth.

Adcetris is the leading product type segment in the market.

The toxic side effects of ADCs are expected to hinder the market over the forecast period.

Major players operating in the ADC market are AstraZeneca PLC, Daiichi Sankyo Company, Limited, Novasep, ADC Therapeutics SA, Alentis Therapeutics AG, F. Hoffmann-La Roche, Gilead Sciences, Inc., AbbVie Inc., Biosion USA, Inc., Astellas Pharma Inc., Duality Biologics (Suzhou) Co. Ltd., BioNTech SE, LaNova Medicines Ltd., Bliss Biopharmaceutical, Eisai Co., Ltd., ProfoundBio, Pfizer, Inc., ImmunoGen Inc., Mersana Therapeutics Inc., Sorrento Therapeutics Inc., Oxford BioTherapeutics Ltd, and Takeda Pharmaceutical Company Ltd.

Select a License Type

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo
© 2025 Coherent Market Insights Pvt Ltd. All Rights Reserved.