Antibody Drug Conjugates Contract Manufacturing Market Is Set For Lucrative Growth to 2028

Posted by rahul nikade on September 6th, 2022

Antibody Drug Conjugates Contract Manufacturing Industry Overview

The global antibody drug conjugates contract manufacturing market size was valued at USD 7.2 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.3% from 2021 to 2028. 

The market is anticipated to witness significant growth over the forecast period on account of the increasing prevalence of cancer, rising demand for biologic therapy, and outsourcing of operations and services to contract manufacturing organizations. Many cancer medicines have toxicities that cause substantial side effects, limiting the dosage and efficacy of these medications and placing a significant burden on patients. An antibody drug conjugate can help to reduce some of these complications. Antibody Drug Conjugates (ADC) enable the delivery of particular medication dosage to a specific site of interest. They are most often used in oncology when a large medication dosage is required at the tumor site but not in nearby tissue.

Gather more insights about the market drivers, restrains and growth of the Global Antibody Drug Conjugates Contract Manufacturing Market

COVID-19 has had a massive influence on the healthcare domain, significantly disrupting the whole supply chain, from raw materials to production and delivery. Major market players are active in research and development activities, strategic alliances and collaborations, and new product launches to meet consumer needs for medicines, vaccines, diagnostics, and medical equipment.

CMOs provide technical knowledge in conjugation and linker creation, as well as solid platforms. Using an integrated CMO decreases an ADC's time to market since they can handle all stages such as conjugation, scale-up, commercial production, and ADC fill-finish, saving time in scheduling and testing.

The active pharmaceutical ingredient (API) industry, which has traditionally been dominated by small-molecule medicines, is rapidly shifting towards biopharmaceuticals. Similarly, the volume of production outsourced to contract manufacturing businesses is increasing. Due to the complexity of manufacturing methods and concerns about intellectual property, biologicals are now primarily made in-house by drug producers, which has a knock-on impact on contract manufacturing organizations.

Browse through Grand View Research's Medical Devices Industry Research Reports.

• Monoclonal Antibodies Market - The global monoclonal antibodies market size was valued at USD 185.50 billion in 2021 and is projected to exhibit a compound annual growth rate (CAGR) of 11.30% from 2022 to 2030. Rising prevalence of chronic diseases such as cancer, cardiovascular diseases, and others are increasing the demand for biologics, which is anticipated to serve as a key factor driving the monoclonal antibodies (mAbs) market.
• Active Pharmaceutical Ingredients Market - The global active pharmaceutical ingredients market size was valued at USD 209.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2022 to 2030. The growth can be attributed to the advancements in active pharmaceutical ingredient (API) manufacturing and the rising prevalence of chronic diseases, such as cardiovascular diseases and cancer.

Antibody Drug Conjugates Contract Manufacturing Market Segmentation

Grand View Research has segmented the global antibody drug conjugates contract manufacturing market on the basis of condition, linker, and region:

Antibody Drug Conjugates Contract Manufacturing Condition Outlook (Revenue, USD Million, 2016 - 2028)

• Myeloma
• Lymphoma
• Breast Cancer
• Others (Urothelial Cancer)

Antibody Drug Conjugates Contract Manufacturing Linker Outlook (Revenue, USD Million, 2016 - 2028)

• Cleavable Linker
• Non-cleavable Linker

Antibody Drug Conjugates Contract Manufacturing Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Market Share Insights

• August 2019: Cambrex Corporation declared that it has signed a formal agreement to be purchased by a Permira funds subsidiary in a transaction valued at .4 billion.
• October 2018: ImmunoGen switched its ADC manufacturing operations to an outsourced model, citing the benefit of having more access to the expertise that a CMO offers, resulting in a million savings.

Key Companies profiled:

Some prominent players in the global antibody drug conjugates contract manufacturing market include

• Samsung Biologics
• Lonza
• Catalent
• Siegfried
• Piramal Pharma Solutions
• Boehringer Ingelheim

Order a free sample PDF of the Antibody Drug Conjugates Contract Manufacturing Market Intelligence Study, published by Grand View Research. 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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