Europe Antibody Drug Conjugates Market Overviews
Europe Antibody Drug Conjugates Market size was valued at USD 4.10 Bn. in 2023 and the total Europe Antibody Drug Conjugates Market revenue is expected to grow at a CAGR of 8.87 % from 2024 to 2030, reaching nearly USD 7.43 Bn.
Antibody-drug conjugates or ADCs are a class of biopharmaceutical drugs designed as a targeted therapy for treating cancer. Unlike chemotherapy, ADCs are intended to target and kill tumor cells while sparing healthy cells. Antibody-drug Conjugates or ADCs are highly targeted biopharmaceutical drugs that combine monoclonal antibodies specific to surface antigens present on particular tumor cells with highly potent anti-cancer agents linked via a chemical linker.
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Europe Antibody Drug Conjugates Market Scope and Methodology:
The antibody-drug conjugate (ADC) industry is witnessing a development in the variety of conjugation techniques, linker chemistry, and payloads being used, moving beyond traditional tubulin inhibitors to include novel mechanisms of action that have propelled the market growth in Europe. ADCs have attracted significant interest as highly targeted and potent medicines in many therapeutic areas. Population aging has led to a big increase in the number of people dying from cancer by 32% by 2030.
Europe Antibody Drug Conjugates Market Regional Insights
Germany dominated the market with the majority share and is expected to grow with a growing CAGR of a 9.20 % during the forecast period. The rising prevalence of cancer in Germany has led to propelling the market growth. Developed countries tend to have higher overall cancer rates owing to several factors, including aging populations and lifestyle choices. For example, countries in Western Europe, consistently report higher cancer incidence rates. These countries also tend to have more advanced healthcare systems, which contribute to better cancer detection and reporting.
Europe Antibody Drug Conjugates Market Segmentation
Based on Product Type, the Adcetris segment holds the highest market share and is expected to dominate Europe during the forecast years. Adcetris is a cancer medicine used to treat adults with certain lymphomas (cancers of lymphocytes, white blood cells that are part of the immune system). It is used when the cancer cells have a protein called CD30 on their surface (CD30-positive)
Europe Antibody Drug Conjugates Market Key Players
Berlin Chemie
Stada Arzneimittel
Sartorius AG
Fresenius Kabi
B. Braun
Phoenix Pharmahandel
Bayer
GSK
F. Hoffmann-La Roche Ltd
AstraZeneca PLC
Novartis AG
GlaxoSmithKline plc
Bayer AG
Pfizer Inc.
Sanofi S.A.
Merck KGaA
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Key questions answered in the Europe Antibody Drug Conjugates Market are:
- What is Europe Antibody Drug Conjugates ?
- What was the Europe Antibody Drug Conjugates market size in 2023?
- What is the growth rate of the Europe Antibody Drug Conjugates Market?
- Which are the factors expected to drive the Europe Antibody Drug Conjugates market growth?
- What are the different segments of the Europe Antibody Drug Conjugates Market?
- What growth strategies are the players considering to increase their presence in Europe Antibody Drug Conjugates ?
- What are the upcoming industry applications and trends for the Europe Antibody Drug Conjugates Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Europe Antibody Drug Conjugates Market?
- Who are the leading companies and what are their portfolios in Europe Antibody Drug Conjugates Market?
- What segments are covered in the Europe Antibody Drug Conjugates Market?
- Who are the key players in the Europe Antibody Drug Conjugates market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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