Market revenue in 2021 | USD 12.9 million |
Market revenue in 2030 | USD 72.4 million |
Growth rate | 21.1% (CAGR from 2021 to 2030) |
Largest segment | Breast cancer |
Fastest growing segment | Blood Cancer |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Blood Cancer, Breast Cancer |
Key market players worldwide | Pfizer Inc, Takeda Pharmaceutical Co Ltd, AstraZeneca PLC, Roche Holding AG, Gilead Sciences Inc, Daiichi Sankyo Co Ltd, GlaxoSmithKline Consumer Healthcare (GSK CH India), Astellas Pharma Inc, ADC Therapeutics SA |
Breast cancer was the largest segment with a revenue share of 54.26% in 2021. Horizon Databook has segmented the Argentina antibody drug conjugates market based on blood cancer, breast cancer covering the revenue growth of each sub-segment from 2018 to 2030.
Although ADC drugs such as MYLOTARG, intended for the treatment of acute myeloid leukemia, have been approved in Argentina as early as 2000, the fragmentation of health services is leading to unequal distribution of health services in different regions, ultimately affecting the level of cancer care provided.
Moreover, lack of national-level planning on cancer, inadequate financial organization, and low-quality services delivered to significant portions of the population have been cited in a 2018 article published by Novartis. Hence, the growth of ADC drugs in Argentina is expected to be slow over the forecast period.
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