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The global next generation drug conjugates market was valued at USD 2.11 Billion in 2024, driven by growing demand for cancer treatments across the globe. It is expected to grow at a CAGR of 15.20% during the forecast period of 2025-2034 and attain a market value of USD 8.69 Billion by 2034.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
Next Generation Drug Conjugates Market Outlook
*this image is indicative*
Next-generation drug conjugates utilize a targeting ligand, a linker, and a payload to enable targeted delivery, integrating non-antibody-based ligands such as peptides, amino sugar, lipids, and small molecules. They use si-RNAs, short nucleic acids, antisense oligonucleotides, and radionuclides as payloads. The market growth for next generation drug conjugates is driven by their increasing application in managing various chronic conditions including cancer.
Technological Advancements to Drive the Market Growth
Advancements in bioconjugation techniques, such as targeted conjugation and enhanced linker designs, are fueling the expansion of the market. These advancements improve the stability and effectiveness of antibody-drug conjugates, overcoming past restrictions and driving market growth.
Growing Need for Cancer Treatments to Boost Next Generation Drug Conjugates Market Demand
Innovative cancer treatments drive the growth of the emerging drug conjugates market. Improvements in antibody-drug conjugates technology enable more precise treatment, minimizing unintended side effects. Such novel technologies enhance stability and effectiveness, by concentrating on enhancing profiles and widening treatment possibilities for solid tumors.
The key trends impacting the current market scenario are as follows:
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Type of Next Generation Drug Conjugates:
Market Breakup by Targeting Ligand:
Market Breakup by Type of Therapy:
Market Breakup by Route of Administration:
Market Breakup by Indication:
Market Segmentation Based on the Type of Targeting Ligand to Witness Growth
Based on targeting ligands, the market is segmented into amino sugar, small molecule, peptide, ligand, virus-like particles. The amino sugar section, particularly glucosamine and galactosamine, is expected to lead the market share. These ligands enhance drug delivery and enhance treatment effectiveness by targeting specific receptors on cancer cells.
The market report includes regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America is projected to be at the forefront of market share because of well-developed research and healthcare infrastructure. The increasing prevalence of cancer, investments, and treatment adoption also impact the market value positively.
The key features of the market report include patent analysis, grant analysis, funding, and investment analysis as well as strategic initiatives by the leading players. The major companies in the market are as follows:
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players in the market are Merck & Co., Inc., ImmunoGen, Inc., Gilead Sciences, Inc., Astellas Pharma Inc., Ambrx Inc., and Takeda Pharmaceutical Company.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type of Next Generation Drug Conjugates |
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Breakup by Targeting Ligand |
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Breakup by Type of Therapy |
|
Breakup by Route of Administration |
|
Breakup by Indication |
|
Breakup by Region |
|
Market Dynamics |
|
Supplier Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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