logo
logo
Sign in

Peptide Drug Conjugates Market Report 2023: R&D Consistency Drives Sector Growth

avatar
Ganesh Shinde
Peptide Drug Conjugates Market Report 2023: R&D Consistency Drives Sector Growth

The global market for Peptide Drug Conjugates is expected to be worth $861.12 million in 2023, rising to $5,331.83 million by 2033. The projected growth rate for the forecast period of 2023 to 2033 is nearly 20%.

The global peptide drug conjugates market is expected to be worth $717.6 million by 2022, with a historical CAGR of 16%. Pharmaceutical companies are developing PDCs for a variety of diseases, including metabolic diseases, coronavirus diseases, and cancer. For cancer treatment, the market currently has two FDA-approved drugs: Pepaxto (Melflufen) and Lutathera (Lu 177 dotatate). As a result, the increasing prevalence of such diseases is propelling the peptide drug conjugates market. According to the National Cancer Institute, more than 1.8 million new cancer cases and 600,000 deaths from cancer will occur in the United States in 2020.

Because of the launch of Melflufen and the rapid uptake of PDC drugs in cancer therapy, North America dominated the overall peptide drug conjugates (PDCs) market with a 45.6% revenue share in 2022.

Peptide Drug Conjugates Market: Segmentation

Valuable information covered in the FMI’s Peptide Drug Conjugates market report has been segregated into key segments and sub-segments.

By Product:

  • Lutetium
  • Melflufen
  • ANG1005
  • BT1718
  • CBX-12
  • Other Pipeline Products

By Type:

  • Therapeutic Peptide Drug Conjugates
  • Diagnostic Peptide Drug Conjugates

Browse More@ https://www.futuremarketinsights.com/reports/peptide-drug-conjugates-market

Peptide Drug Conjugates Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Peptide Drug Conjugates market. Competitive information detailed in the Peptide Drug Conjugates market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Peptide Drug Conjugates market report.

Key players covered in the report include:

  • Novartis AG
  • Oncopeptides AB
  • Bicycle Therapeutics
  • AstraZeneca
  • Cybrexa Therapeutics
  • Angiochem Inc.
  • Innovasium Soricimed Biopharma
  • Theratechnologies
  • Coherent Biopharma
  • WuXI STA


collect
0
avatar
Ganesh Shinde
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more