The Antibody Drug Conjugates market was valued at USD 5,475.84 Million in 2023 and is projected to reach USD 39,153.21 Million by 2032, growing at a CAGR of 24.0%. ADCs are crucial for precision cancer therapy, with over 100 in clinical trials and eight approved since 2020. Companies like Merck and Daiichi Sankyo are expanding their portfolios and geographical reach. The market is segmented by type, product, and application, with monoclonal antibodies leading. North America dominates the ADC market, driven by the U.S. due to advanced healthcare systems and research.