Market revenue in 2021 | USD 61.6 million |
Market revenue in 2030 | USD 336.7 million |
Growth rate | 20.8% (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 59.9% in 2021. Horizon Databook has segmented the India antibody drug conjugates market based on blood cancer, breast cancer covering the revenue growth of each sub-segment from 2018 to 2030.
The need for additional treatment options for prevalent forms of cancer, such as breast cancer, led to the introduction of options such Kadycla by Roche around 2015 in the Indian market. Moreover, in 2020, biosimilar drug to Kadcyla was launched in India by Zydus Cadila at a price 80% lower than original price by Roche.
This made the drug more affordable, and therefore, it is expected that the adoption of this product will increase during the forecast period. As per the International Agency for Research on Cancer, with 178,361 new cases of cancer in India in 2020, breast cancer was the most prevalent form of cancer in India, caused mainly due to lack of physical activity, increase in weight, growing use of oral contraceptives, and heightened levels of stress.
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