Market revenue in 2021 | USD 39.3 million |
Market revenue in 2030 | USD 226.3 million |
Growth rate | 21.5% (CAGR from 2021 to 2030) |
Largest segment | Blood 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 |
Blood cancer was the largest segment with a revenue share of 57.25% in 2021. Horizon Databook has segmented the Brazil antibody drug conjugates market based on blood cancer, breast cancer covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is expected to witness significant market growth owing to increase in ADC research activities conducted by organizations, such as AC Camargo Cancer Center. It has a free, decentralized universal healthcare system funded by tax revenue from the federal, state, & municipal governments, which is utilized by ~75% of its population for services including oncology.
Adcetris, which is intended for patients with relapsed or refractory Hodgkin’s lymphoma after stem cell therapy, was included in the list of approved drugs by Brazil’s Unified Health System - The Sistema Único de Saúde, in 2019.
Among the leading forms of cancer, prostate and breast cancers were the most prevalent ones. Moreover, the number of cancer cases is predicted to grow by ~50% by 2025, mainly due to a growth in population, especially the geriatric population.
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