Global Peptide Drug Conjugates Market Size To Exceed USD 20.59 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Peptide Drug Conjugates Market Size is Expected to Grow from USD 3.52 Billion in 2023 to USD 20.59 Billion by 2033, at a CAGR of 19.32% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Peptide Drug Conjugates Market Size, Share, and COVID-19 Impact Analysis, By Type (Diagnostic and Therapeutic), By Product (OctreoScan, Lutathera, Pluvicto, Illuccix, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The global peptide drug conjugates refer to the market for medicinal products that target particular human tissues or cells by combining peptides with medications (often chemotherapeutic treatments). By focusing the medications on the desired target, such as cancer cells, this conjugation increases the treatment's efficacy while reducing harm to healthy tissues. PDCs are a cutting-edge method of targeted therapy that uses peptide specificity to enhance drug delivery and lessen adverse effects. There are various varieties of PDCs on the market that are being created to treat chronic ailments, autoimmune diseases, and cancer. Key driving factors for the growth of the peptide drug conjugates market include the increasing demand for focused treatments, especially for cancer treatment. Because traditional chemotherapy affects both healthy and malignant cells, it frequently causes serious side effects. However, tremendous investment and complexity are associated with its development and manufacturing, and high manufacturing costs come from the requirement for complex and frequently costly technology for the synthesis of peptides and their combination with powerful medicines.
The therapeutic segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period.
On the basis of type, the global peptide drug conjugates market is divided into diagnostic and therapeutic. Among these, the therapeutic segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period. The segment growth is attributed to PDCs, including Lutathera and Pluvicto have been approved; they are effective at destroying tumor cells, and there are energy clinical trials for several diseases distinct from oncology.
The pluvicto segment accounted for the highest revenue share in 2023 and is anticipated to grow at a substantial CAGR during the forecast period.
On the basis of product, the global peptide drug conjugates market is divided into octreoScan, lutathera, pluvicto, illuccix, and others. Among these, the pluvicto segment accounted for the highest revenue share in 2023 and is anticipated to grow at a substantial CAGR during the forecast period. The segment growth is driven by increasing the demand for precision cancer care. Its success demonstrates the trend toward biomarker-driven treatments, which has an impact on the expanding market of peptide drug conjugates.
North America is anticipated to hold the largest share of the global peptide drug conjugates market over the predicted timeframe.
North America is anticipated to hold the largest share of the global peptide drug conjugates market over the predicted timeframe. The regional growth can be attributed high incidence of persistent diseases and cancer, the growing use of targeted treatments, and developments in peptide synthesis technology are the main drivers of growth. The region has experienced gains from early regulatory approvals, a well-established healthcare system, and significant biopharmaceutical investments. Distribution is dominated by hospital pharmacies, though the need for ongoing medical treatments is increasing for both retail and internet pharmacies.
Asia Pacific is expected to grow at the fastest CAGR in the global peptide drug conjugates market during the forecast period. The regional growth can be attributed to the increased regional economic activity, improved availability of healthcare, and a rise in the incidence of cancer. With the assistance of growing clinical trial activity and government incentives, major countries like China, Japan, and India are driving the expansion. Peptide-linker technological advancements are increasing market penetration. While retail and internet pharmacies are increasing access to targeted treatments, especially in oncology and metabolic diseases, hospital pharmacies continue to manage a significant portion of distribution.
Company Profiling
Major vendors in the global peptide drug conjugates market are Novartis AG, AstraZeneca, Oncopeptides AB, Bicycle Therapeutics, Cybrexa, Angiochem Inc., Soricimed Biopharma, Theratechnologies Inc., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In February 2025, Telix Pharmaceuticals launched Illuccix for prostate cancer imaging. It is used in PET scans to detect PSMA-expressing prostate cancer lesions and has received approval from the UK Medicines and Healthcare Products Regulatory Agency (MHRA).
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global peptide drug conjugates market based on the below-mentioned segments:
Global Peptide Drug Conjugates Market, By Type
Global Peptide Drug Conjugates Market, ByProduct
- OctreoScan
- Lutathera
- Pluvicto
- Illuccix
- Others
Global Peptide Drug Conjugates Market, Regional
- North America
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa