South Korea Antibody Drug Conjugates Contract Manufacturing Market Size & Outlook

The antibody drug conjugates contract manufacturing market in South Korea is expected to reach a projected revenue of US$ 462.5 million by 2030. A compound annual growth rate of 12% is expected of South Korea antibody drug conjugates contract manufacturing market from 2025 to 2030.
Revenue, 2024 (US$M)
$234.2
Forecast, 2030 (US$M)
$462.5
CAGR, 2025 - 2030
12%
Report Coverage
South Korea

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South Korea antibody drug conjugates contract manufacturing market, 2018-2030 (US$M)

South Korea antibody drug conjugates contract manufacturing market, 2018-2030 (US$M)

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South Korea antibody drug conjugates contract manufacturing market highlights

  • The South Korea antibody drug conjugates contract manufacturing market generated a revenue of USD 234.2 million in 2024 and is expected to reach USD 462.5 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 12% from 2025 to 2030.
  • In terms of segment, myeloma was the largest revenue generating condition in 2024.
  • Myeloma is the most lucrative condition segment registering the fastest growth during the forecast period.

Antibody drug conjugates contract manufacturing market data book summary

Market revenue in 2024USD 234.2 million
Market revenue in 2030USD 462.5 million
Growth rate12% (CAGR from 2025 to 2030)
Largest segmentMyeloma
Fastest growing segmentMyeloma
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMyeloma, Lymphoma, Breast Cancer
Key market players worldwideSterling Check Corp, Recipharm, Lonza Group Ltd, Catalent Inc, Sartorius AG, WuXi Biologics (Cayman) Inc, Samsung BioLogics, Piramal Healthcare, AbbVie Inc, Merck KGaA

Other key industry trends

  • In terms of revenue, South Korea accounted for 2.6% of the global antibody drug conjugates contract manufacturing market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China antibody drug conjugates contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,650.4 million by 2030.

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Antibody Drug Conjugates Contract Manufacturing Market Scope

Antibody Drug Conjugates Contract Manufacturing Market Companies

Name Profile # Employees HQ Website
Piramal Healthcare View profile 5001-10000 Mumbai, Maharashtra, India, Asia http://www.piramalpharmasolutions.com
Sterling Check Corp View profile 5700 6150 Oak Tree Boulevard, Suite 490, Independence, OH, United States, 44131 https://www.sterlingcheck.com
Samsung BioLogics View profile 1001-5000 Incheon, Inch'on-jikhalsi, South Korea, Asia https://www.samsungbiologics.com/
Recipharm View profile 1001-5000 Jordbro, Stockholms Lan, Sweden, Europe http://www.recipharm.com
Catalent Inc View profile 17219 14 Schoolhouse Road, Somerset, NJ, United States, 08873 https://www.catalent.com
WuXi Biologics (Cayman) Inc View profile 12740 No. 108, Meiliang Road, Mashan Binhu District, Wuxi, China, People's Republic of, 214092 https://www.wuxibiologics.com
Sartorius AG View profile 14338 Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 https://www.sartorius.com
Lonza Group Ltd View profile 18000 Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 https://www.lonza.com
AbbVie Inc View profile 50000 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 http://www.abbvieinvestor.com
Merck KGaA View profile 62345 Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 https://www.emdgroup.com

South Korea antibody drug conjugates contract manufacturing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to antibody drug conjugates contract manufacturing market will help companies and investors design strategic landscapes.


Myeloma was the largest segment with a revenue share of 55.55% in 2024. Horizon Databook has segmented the South Korea antibody drug conjugates contract manufacturing market based on myeloma, lymphoma, breast cancer covering the revenue growth of each sub-segment from 2018 to 2030.


Supportive government reforms are anticipated to propel market growth. For instance, in 2020, South Korea’s government announced an investment of nearly USD 1.7 billion to promote the biotechnology & biopharmaceutical industries and encourage biopharmaceutical R&D & manufacturing. 

This strategy was expected to include an increase in tax credits for facility and R&D investments, which can positively impact the market. Multiple biopharmaceutical companies in the country are actively involved in developing ADCs. 

For instance, in July 2022, South Korea’s biopharmaceutical LegoChem Biosciences, Inc. (LCB) signed a research collaboration with Glycotope GmbH, under which, LCB was to develop ADCs for the latter company. 

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Target buyers of South Korea antibody drug conjugates contract manufacturing market databook

  • Our clientele includes a mix of antibody drug conjugates contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea antibody drug conjugates contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea antibody drug conjugates contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea antibody drug conjugates contract manufacturing market size, by condition, 2018-2030 (US$M)

South Korea Antibody Drug Conjugates Contract Manufacturing Market Outlook Share, 2024 & 2030 (US$M)

South Korea antibody drug conjugates contract manufacturing market size, by condition, 2018-2030 (US$M)

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