Global Next Generation Drug Conjugates Market Size was valued at USD 2.9 Bn in 2024 and is predicted to reach USD 12.1 Bn by 2034 at a 15.2% CAGR during the forecast period for 2025-2034.
The next-generation drug conjugates (NGDCs) market represents a paradigm shift in cancer therapy, leveraging the synergistic potential of targeted drug delivery and enhanced therapeutic efficacy. NGDCs are a class of bioconjugates that combine cytotoxic payloads with specific targeting moieties, allowing for precise delivery to cancer cells while minimizing off-target effects. This innovative approach has garnered attention in the healthcare industry due to its potential to overcome the limitations of traditional chemotherapy and improve patient outcomes.
The COVID-19 pandemic significantly impacted the Next Generation Drug Conjugates (NGDC) market. While demand for innovative therapies rose, disruptions in supply chains, clinical trials, and healthcare access led to delays in development and commercialization. Additionally, shifting healthcare priorities and economic uncertainties affected investment patterns. However, the pandemic also accelerated digital adoption, facilitating remote work and telemedicine, which could streamline R&D processes. As the healthcare sector adapts to post-pandemic realities, the NGDC market may see renewed growth opportunities driven by advancements in technology, increasing focus on personalized medicine, and the need for more effective treatments against evolving diseases.
The next generation drug conjugates (NGDC) market can be segmented into type, targeting ligand, payload, therapy, route of administration, and indications. By Type, the market is segmented into peptide receptor radionuclide therapy (peptide radionuclide conjugate), ligand-mediated RNAi conjugate, ligand conjugated antisense medicine, and peptide drug conjugate. The market is segmented by targeting ligands into amino sugar, lipid, peptide, small molecule, and virus-like particles. The market is divided by a peptide, small molecule, oligonucleotide, and radionuclide by payload. By therapy, the market is segmented into monotherapy and combination therapy. Based on route of administration, the market is segmented into intravenous, subcutaneous, and others; by indications, the market is segmented into gastroenteropancreatic neuroendocrine tumors, prostate cancer, leptomeningeal carcinomatosis caused by breast cancer brain metastases, hereditary transthyretin amyloidosis, atherosclerotic cardiovascular diseases, severe hypertriglyceridemia, hereditary angioedema, acute hepatic porphyria, primary hyperoxaluria, heterozygous familial hypercholesterolemia, hemophilia, low-risk myelodysplastic syndrome, myelofibrosis, familial chylomicronemia syndrome, Alpha-1 antitrypsin deficiency liver disease.
Among the various types in the next generation drug conjugates (NGDC) market, the peptide radionuclide conjugate (PRC) segment is a prominent contributor. PRCs combine peptides with radioactive isotopes to create targeted therapies for cancer and other diseases. They work by delivering the radioactive material directly to cancer cells, minimizing damage to healthy tissues. This targeted approach enhances efficacy while reducing side effects compared to traditional chemotherapy. The PRC segment's innovation in precision medicine and its potential to revolutionize cancer treatment make it a major player in the NGDC market, attracting significant attention from researchers and investors alike.
Based on targeting ligands, the amino sugar segment is experiencing rapid growth. Amino sugars, like glucosamine and galactosamine, serve as targeting ligands in drug conjugates. These ligands can specifically recognize and bind to certain receptors or proteins overexpressed on cancer cells, delivering the drug payload directly to the target site. This targeted delivery enhances the efficacy of the treatment while minimizing off-target effects. The increasing understanding of tumor biology and the development of novel targeting ligands contribute to the rapid growth of the Amino Sugar segment, making it a key area of focus in the drug conjugates market.
The North American next-generation drug conjugates market is predicted to have a significant market share in revenue. In the next-generation drug conjugates (ADCs) market, North America holds a prominent position, operated by factors such as research and development activities, robust healthcare infrastructure, and high prevalence of cancer. The region boasts key market players and favorable regulatory policies, fostering innovation and commercialization of ADC therapies. Additionally, increasing investments in oncology research and the growing adoption of novel treatment modalities further propel the growth of the next generation drug conjugates market in North America.
Report Attribute |
Specifications |
Market Size Value In 2024 |
USD 2.9 Bn |
Revenue Forecast In 2034 |
USD 12.1 Bn |
Growth Rate CAGR |
CAGR of 15.2% from 2025 to 2034 |
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
Historic Year |
2021 to 2024 |
Forecast Year |
2025-2034 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Type, By Targeting Ligand, By Payload, By Therapy, By Route of Administration, By Indications and By Region |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
Competitive Landscape |
Advanced Accelerator Applications, Alnylam Pharmaceutical, Arrowhead Pharmaceuticals, Dicerna Pharmaceuticals, Geron Corporation, and Ionis Pharmaceuticals, Dyne Therapeutics, Inc., Ambrx Biopharma, Inc. (Johnson & Johnson Services, Inc.), Vincerx Pharma, Tubulis Technologies, Nurix Therapeutics, Inc., Other Prominent Players |
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Next Generation Drug Conjugates Market Snapshot
Chapter 4. Global Next Generation Drug Conjugates Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Type of Next Generation Drug Conjugates Estimates & Trend Analysis
5.1. by Type of Next Generation Drug Conjugates & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Type of Next Generation Drug Conjugates :
5.2.1. Peptide Receptor Radionuclide Therapy (Peptide Radionuclide Conjugate)
5.2.2. Ligand mediated RNAi Conjugate
5.2.3. Ligand Conjugated Anti Sense Medicine
5.2.4. Peptide Drug Conjugate
Chapter 6. Market Segmentation 2: by Type of Targeting Ligand Estimates & Trend Analysis
6.1. by Type of Targeting Ligand & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Type of Targeting Ligand:
6.2.1. Amino Sugar
6.2.2. Lipid
6.2.3. Peptide
6.2.4. Small Molecule
6.2.5. Virus-like Particles
Chapter 7. Market Segmentation 3: by Type of Payload Estimates & Trend Analysis
7.1. by Type of Payload & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Type of Payload:
7.2.1. Peptide
7.2.2. Small Molecule
7.2.3. Oligonucleotide
7.2.4. Radionuclidea
Chapter 8. Market Segmentation 4: by Type of Therapy Estimates & Trend Analysis
8.1. by Type of Therapy & Market Share, 2024 & 2034
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Type of Therapy:
8.2.1. Monotherapy
8.2.2. Combination Therapy
Chapter 9. Market Segmentation 5: by Route of Administration Estimates & Trend Analysis
9.1. by Route of Administration & Market Share, 2024 & 2034
9.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Route of Administration:
9.2.1. Intravenous
9.2.2. Subcutaneous
9.2.3. Others
Chapter 10. Market Segmentation 6: by Target Indications Estimates & Trend Analysis
10.1. by Target Indications & Market Share, 2024 & 2034
10.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Target Indications:
10.2.1. Gastroenteropancreatic Neuroendocrine Tumors
10.2.2. Prostate Cancer
10.2.3. Leptomeningeal Carcinomatosis caused by Breast Cancer Brain Metastases
10.2.4. Hereditary Transthyretin Amyloidosis
10.2.5. Atherosclerotic Cardiovascular Diseases
10.2.6. Severe Hypertriglyceridemia
10.2.7. Hereditary Angioedema
10.2.8. Acute Hepatic Porphyria
10.2.9. Primary Hyperoxaluria
10.2.10. Heterozygous Familial Hypercholesterolemia
10.2.11. Hemophilia
10.2.12. Low-Risk Myelodysplastic Syndrome
10.2.13. Myelofibrosis
10.2.14. Familial Chylomicronemia Syndrome
10.2.15. Alpha-1 Antitrypsin Deficiency Liver Disease
Chapter 11. Next Generation Drug Conjugates Market Segmentation 7: Regional Estimates & Trend Analysis
11.1. North America
11.1.1. North America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Next Generation Drug Conjugates, 2021-2034
11.1.2. North America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Targeting Ligand, 2021-2034
11.1.3. North America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Payload , 2021-2034
11.1.4. North America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Therapy, 2021-2034
11.1.5. North America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Route of Administration,2021-2034
11.1.6. North America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Target Indications, 2021-2034
11.1.7. North America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
11.2. Europe
11.2.1. Europe Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Next Generation Drug Conjugates, 2021-2034
11.2.2. Europe Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Targeting Ligand, 2021-2034
11.2.3. Europe Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Payload, 2021-2034
11.2.4. Europe Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Therapy, 2021-2034
11.2.5. Europe Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Route of Administration,2021-2034
11.2.6. Europe Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Target Indications,2021-2034
11.2.7. Europe Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
11.3. Asia Pacific
11.3.1. Asia Pacific Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Next Generation Drug Conjugates, 2021-2034
11.3.2. Asia Pacific Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Targeting Ligand, 2021-2034
11.3.3. Asia-Pacific Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Payload , 2021-2034
11.3.4. Asia Pacific Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Therapy, 2021-2034
11.3.5. Asia Pacific Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Route of Administration,2021-2034
11.3.6. Asia Pacific Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Target Indications, 2021-2034
11.3.7. Asia Pacific Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
11.4. Latin America
11.4.1. Latin America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Next Generation Drug Conjugates, 2021-2034
11.4.2. Latin America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Targeting Ligand, 2021-2034
11.4.3. Latin America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Payload , 2021-2034
11.4.4. Latin America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Therapy ,2021-2034
11.4.5. Latin America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Route of Administration, 2021-2034
11.4.6. Latin America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Target Indications, 2021-2034
11.4.7. Latin America Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
11.5. Middle East & Africa
11.5.1. Middle East & Africa Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Next Generation Drug Conjugates, 2021-2034
11.5.2. Middle East & Africa Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Targeting Ligand, 2021-2034
11.5.3. Middle East & Africa Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Payload , 2021-2034
11.5.4. Middle East & Africa Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Type of Therapy , 2021-2034
11.5.5. Middle East & Africa Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Route of Administration,2021-2034
11.5.6. Middle East & Africa Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by Target Indications, 2021-2034
11.5.7. Middle East & Africa Next Generation Drug Conjugates Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 12. Competitive Landscape
12.1. Major Mergers and Acquisitions/Strategic Alliances
12.2. Company Profiles
12.2.1. Advanced Accelerator Applications
12.2.2. Alnylam Pharmaceuticals
12.2.3. Arrowhead Pharmaceuticals
12.2.4. Dicerna Pharmaceuticals
12.2.5. Geron Corporation
12.2.6. Ionis Pharmaceuticals
12.2.7. Other Prominent Players
12.2.7. Dyne Therapeutics, Inc.
12.2.8. Ambrx Biopharma, Inc. (Johnson & Johnson Services, Inc.)
12.2.9. Vincerx Pharma
12.2.10. Tubulis Technologies
12.2.11. Nurix Therapeutics, Inc.
12.2.12. Other Prominent Players
Next Generation Drug Conjugates Market- By Type
Next Generation Drug Conjugates Market- By Targeting Ligand
Next Generation Drug Conjugates Market- By Payload
Next Generation Drug Conjugates Market- By Therapy
Next Generation Drug Conjugates Market- By Route of Administration
Next Generation Drug Conjugates Market- By Indications
Next Generation Drug Conjugates Market- By Region
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.