Global Conjugated Monoclonal Antibodies Market Segments

The global conjugated monoclonal antibodies market is expected to decline from $8.35 billion in 2019 to $8.15 billion in 2020 at a compound annual growth rate (CAGR) of -2.36%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $10.41 billion in 2023 at a CAGR of 8.49%. The increasing popularity and therapeutic potential of conjugated monoclonal antibodies, especially antibody-drug conjugates, is expected to drive the market over the forecast period. However, the high cost of conjugated monoclonal antibodies is anticipated to limit the growth of the market.

Conjugated monoclonal antibodies are monoclonal antibodies (MAbs) associated with a chemotherapy drug or a radioactive particle. These are used in the treatment of cancer as they deliver the toxic substance directly to the tumor cells and thus reducing damage to the normal cells in other parts of the body.

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The global conjugated monoclonal antibodies market is further segmented based on type and geography.
By Drugs: Adcetris, Kadcyla
By Technology: Cleavable Linker, Non-cleavable Linker
By Application: Blood Cancer, Breast Cancer, Ovarian Cancer, Lung Cancer, Brain Tumor, Others.
By Geography: The global conjugated monoclonal antibodies market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American conjugated monoclonal antibodies market accounts for the largest share in the global conjugated monoclonal antibodies market.

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Trends In The Conjugated Monoclonal Antibodies Market
Companies operating in the conjugated monoclonal antibodies market are focusing on strategic collaborations and partnerships.
Conjugated Monoclonal Antibodies Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides conjugated monoclonal antibodies market overviews, analyzes and forecasts conjugated monoclonal antibodies market size and growth for the global conjugated monoclonal antibodies market, conjugated monoclonal antibodies market share, conjugated monoclonal antibodies market players, conjugated monoclonal antibodies market size, conjugated monoclonal antibodies market segments and geographies, conjugated monoclonal antibodies market trends, conjugated monoclonal antibodies market drivers and conjugated monoclonal antibodies market restraints, conjugated monoclonal antibodies market’s leading competitors’ revenues, profiles and market shares. The conjugated monoclonal antibodies market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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