Antibody Drug Conjugates Contract Manufacturing Market Size

Statistics for the 2023 & 2024 Antibody Drug Conjugates Contract Manufacturing market size, created by Mordor Intelligence™ Industry Reports. Antibody Drug Conjugates Contract Manufacturing size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Antibody Drug Conjugates Contract Manufacturing Industry

Antibody Drug Conjugates Contract Manufacturing Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 12.50 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration High

Major Players

Antibody Drug Conjugates Contract Manufacturing Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Antibody Drug Conjugates Contract Manufacturing Market Analysis

The antibody-drug conjugates contract manufacturing market is projected to register a CAGR of 12.5% during the forecast period.

The COVID-19 pandemic had an enormous influence on the healthcare domain, significantly disrupting the whole supply chain, from raw materials to production and delivery. An optimistic and conscious approach to the development of monoclonal antibodies and other ADCs was driven into the spotlight as potential treatments for COVID-19. The pandemic created a sturdy and quick reaction from scientists working for governments and industries to produce medicines and vaccines. As a consequence of the demand for effective medicines for the treatment of COVID-19, the global production of antibody-drug conjugates, vaccines, and other pharmaceuticals expanded. Besides, ADCs are more complex to manufacture, which is likely to create more demand for contract manufacturing organizations.

Antibody-drug conjugates are complex, potent biologics that offer significant potential to address critical diseases, including cancer. The clinical potential of these therapeutics is attributed to their ability to effectively target disease-associated cells while minimizing off-target toxicity. Notably, with time and advancements in research, scientists have further improved the design and development process for these therapies. This has resulted in the approval of four new ADCs in 2020. To date, the USFDA has approved 12 antibody-drug conjugates, and 100 are in development.

Also, as per the ADC Review in 2021, around 70% of antibody-drug conjugate projects are outsourced to contract development and manufacturing organizations (CDMOs), and with the continued expansion of the pipelines, this trend is likely to endure further. As more commercial products reach the market, there is an acute need for contract development and manufacturing organizations that know the way to execute late-stage studies to support the filing strategy. CMOs, with plans to support commercial-scale antibody-drug conjugate manufacturing by setting up processes to handle challenging supply chains by investing in facilities and processes to ensure security, quality, and efficiency, are expected to contribute to the growth of the market over the forecast period. Hence, given the anticipated growth in the demand for antibody-drug conjugates, the contract manufacturing market for antibody-drug conjugates is also expected to witness significant growth in the coming years.

Antibody-Drug Conjugates Contract Manufacturing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)