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Mirvetuximab Soravtansine Market
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Mirvetuximab Soravtansine Market

Author: Debadatta Patel - Senior Consultant, Report ID - DS1802203, Published - April 2025

Segmented in Therapeutic Application (Ovarian Cancer, Endometrial Cancer, Non-Small Cell Lung Cancer, Others), End-user (Hospitals, Speciality Clinics, Research Institutes, Others), Distribution Channel and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Mirvetuximab Soravtansine
Market Outlook

The market, for Mirvetuximab soravtansine was estimated at $360.7 million in 2024; and it is anticipated to increase to $541.3 million by 2030 with projections indicating a growth to around $759.2 million by 2035. This expansion represents a compound annual growth rate (CAGR) of 7.0% over the forecast period. Further driving this growth trajectory is the expanding demand for Mirvetuximab Soravtansine in the medical field due to its proven effectiveness as an innovative therapeutic approach for the treatment of various cancers. The ongoing development of this revolutionary drug and its broad application base continue to solidify its relevance in the pharmaceutical industry. The drugs high efficacy in addressing hard-to-treat malignancies, coupled with advancements in oncological research, underscore its current significance. Meanwhile, the rise in the prevalence of cancer globally fuels this continuous demand, along with increasing health awareness and emphasis on early diagnosis.


The key attributes of Mirvetuximab Soravtansine revolve around its unique formulation that combines a human-ized anti-FR antibody with a potent anti-microtubule cytotoxic compound, thereby offering a targeted and efficient treatment method. Specifically engineered for patients with folate receptor alpha (FR)-positive cancer, this anticancer agent has shown promising results in diverse clinical trials. Furthermore, the recent trend of integrating personalized medicine into cancer therapy has amplified its demand.


Market Size Forecast & Key Insights

2019
$360M2024
2029
$709M2034

Absolute Growth Opportunity = $349M

The Mirvetuximab Soravtansine market is projected to grow from $360.7 million in 2024 to $709 million in 2034. This represents a CAGR of 7.0%, reflecting rising demand across Ovarian Cancer Treatment, Platinum-Resistant Cancer Treatment and Folate Receptor Alpha Targeted Therapy.

The Mirvetuximab Soravtansine market is set to add $349 million between 2024 and 2034, with manufacturer targeting Speciality Clinics & Research Institutes End-user projected to gain a larger market share.

With The shift toward targeted therapies, and The rising prevalence of ovarian cancer, Mirvetuximab Soravtansine market to expand 97% between 2024 and 2034.

Opportunities in the Mirvetuximab Soravtansine Market

Meeting Evolving Consumer Needs

As the global population ages, the demand for effective cancer treatments continues to rise.

Exploring Untapped Segments and Technological Innovations and Strategic Collaborations

The oncology arena is undergoing a paradigm shift, as novel therapeutic methods such as Mirvetuximab Soravtansine gain momentum. The potential of Mirvetuximab Soravtansine in treating other tumors and cancers remains largely untapped, posing a robust for business growth. By demonstrating potential effectiveness across a more extensive range of cancers, including off-label use, the market scope for Mirvetuximab Soravtansine can significantly broaden.

The coming years are anticipated to witness substantial technological advancements in the pharmaceuticals sector. Enhancing the efficacy and reducing the potential side effects of medications like Mirvetuximab Soravtansine through innovations may revolutionize the treatment landscape. Moreover, strategic collaborations and partnerships with other leading pharmaceutical firms, research institutions, and biotech startups can help speed up the development and market penetration process for Mirvetuximab Soravtansine.

Growth Opportunities in North America and Europe

Europe Outlook

Europe's market for Mirvetuximab Soravtansine is buoyed by its advanced medical research capabilities and the burgeoning investments in cancer research. It goes hand in hand with the rise in ovarian cancer cases across the region. Competitively, Europe's market is stratified, with intense competition from seasoned pharma players and new entrants, making market penetration challenging. Despite this, the regions command on leading-edge medical research and the consistent demand generated by the high ovarian cancer prevalence work as significant market propellants.

North America Outlook

As a region characterized by its innovative healthcare facilities and emerging biotechnology firms, North America presents a favorable market strand for Mirvetuximab Soravtansine. The application of this antibody-drug conjugate in treating ovarian cancer reveals significant value, considering the increasing incidence rate in this region. Strong competitive pressure exists, driven primarily by rival firms thriving in the biopharma domain, adding a layer of complexity to the market. Nevertheless, the regions robust healthcare infrastructure, coupled with the high incidence of ovarian cancer, forms key market drivers. The stimulants that support the use of Mirvetuximab Soravtansine touch on technological advancements in cancer therapeutics and the push for targeted drug delivery systems.

North America Outlook

As a region characterized by its innovative healthcare facilities and emerging biotechnology firms, North America presents a favorable market strand for Mirvetuximab Soravtansine. The application of this antibody-drug conjugate in treating ovarian cancer reveals significant value, considering the increasing incidence rate in this region. Strong competitive pressure exists, driven primarily by rival firms thriving in the biopharma domain, adding a layer of complexity to the market. Nevertheless, the regions robust healthcare infrastructure, coupled with the high incidence of ovarian cancer, forms key market drivers. The stimulants that support the use of Mirvetuximab Soravtansine touch on technological advancements in cancer therapeutics and the push for targeted drug delivery systems.

Europe Outlook

Europe's market for Mirvetuximab Soravtansine is buoyed by its advanced medical research capabilities and the burgeoning investments in cancer research. It goes hand in hand with the rise in ovarian cancer cases across the region. Competitively, Europe's market is stratified, with intense competition from seasoned pharma players and new entrants, making market penetration challenging. Despite this, the regions command on leading-edge medical research and the consistent demand generated by the high ovarian cancer prevalence work as significant market propellants.

Growth Opportunities in North America and Europe

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : U.S., Germany, UK, Japan, China are expected to grow at 4.5% to 6.7% CAGR

2

Emerging Markets : India, Brazil, South Korea are expected to grow at 8.0% to 9.7% CAGR

Market Analysis Chart

One of the main drivers for the market growth of Mirvetuximab Soravtansine is the increasing prevalence of ovarian cancer globally. As a first-in-class targeted therapy for this specific cancer, Mirvetuximab Soravtansine signifies a major advancement in designated therapeutics. Furthermore, the advent of personalized medicine is propelling the need for tailored treatments, thus advancing its market positioning.

Recent Developments and Technological Advancement

December 2024

Roche announced a strategic partnership with ImmunoGen to further the development of Mirvetuximab Soravtansine, enhancing its portfolio in oncology drugs

October 2024

FDA granted accelerated approval for Mirvetuximab Soravtansine, by ImmunoGen for the treatment of certains of ovarian cancer

August 2024

ImmunoGen revealed pivotal phase 3 trial data for Mirvetuximab Soravtansine, demonstrating significant improvements in progression-free survival rates.

Mirvetuximab Soravtansine, an innovative antibody-drug conjugate, is carving a significant niche for itself within the chemotherapy sphere. The innovative technology employed by this drug makes it a groundbreaking therapeutic alternative for ovarian cancer treatment. The recent developments surrounding Mirvetuximab Soravtansine shine a spotlight on its improving influence within the oncology treatment landscape.

Impact of Industry Transitions on the Mirvetuximab Soravtansine Market

As a core segment of the Pharmaceutical industry, the Mirvetuximab Soravtansine market develops in line with broader industry shifts. Over recent years, transitions such as Revamping Oncology Treatment and Driving Personalized Medicine have redefined priorities across the Pharmaceutical sector, influencing how the Mirvetuximab Soravtansine market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Revamping Oncology Treatment:

Mirvetuximab Soravtansine, an immunotherapy drug, has been a significant transition in the oncology sector. Its prowess lies in its ability to target specific cancer cells, notably ovarian cancer, while leaving healthy cells largely intact. The use of Mirvetuximab Soravtansine has resulted in a more personalized and efficient treatment protocol, further propelling the growth of targeted therapies and immunooncology. This transition has impacted the entire spectrum of cancer treatment, encouraging continuous research and innovation.

2

Driving Personalized Medicine:

The development and success of Mirvetuximab Soravtansine have eminently contributed to the rise of personalized medicine. As this therapeutic agent specifically targets the folate receptor alpha, often overexpressed in ovarian cancer, it stands as a prime example of a treatment customized as per genetic markers.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Pharmaceutical industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Pharmaceutical industry cascade into the Mirvetuximab Soravtansine market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: The Shift Toward Targeted Therapies, and The Advancements in Biotechnological Methods

With the healthcare sector visibly shifting from generic remedies to targeted therapies, the market adoption for Mirvetuximab Soravtansine, a highly promising personalized treatment approach for ovarian cancer, is also expected to witness significant growth.
The evolution of bioengineering and biotechnological methods has also catalyzed the efficient production and optimization of antibodies like Mirvetuximab Soravtansine. Leveraging such advancements, it promises better patient outcomes and solidifies the medicines standing in the competitive medical field.
The upsurge in ovarian cancer cases globally highlights a pressing need for efficient treatments like Mirvetuximab Soravtansine. Positioned as an advanced therapeutic tool, it joins the fight against this female-oriented disease that remains a global health concern.

Restraint: Regulatory Hurdles

Mirvetuximab Soravtansine, as a novel investigational agent, faces stringent regulatory hurdles that restrain its market growth. These include the rigorous safety and efficacy testing required for approval by regulatory bodies such as the Food and Drug Administration and the European Medicines Agency . Furthermore, the question of reciprocity of approvals across global regions poses an additional challenge for market acceptance on a broader scale. Any delay or failure in obtaining approvals directly hampers market prospects and impedes timely access to patients, affecting the market demand for Mirvetuximab Soravtansine.

Challenge: High Product Development Costs

The development, testing, and marketing of new drugs like Mirvetuximab Soravtansine involve high costs. The research and development phase is especially capital-intensive due to the need for advanced technologies and skilled manpower. A significant part of the initial investment goes into clinical trials, which have no guarantee of success.

Supply Chain Landscape

Raw Material Acquisition

Latitude Pharmaceuticals

Symbiotec Pharmalab

Drug Development

ImmunoGen

Sanofi

Clinical Research
CHDR / Clinical Research Services
Distribution
Ovarian Cancer Chemotherapy / HER2 Negative Breast Cancer Treatment
Raw Material Acquisition

Latitude Pharmaceuticals

Symbiotec Pharmalab

Drug Development

ImmunoGen

Sanofi

Clinical Research

CHDR

Clinical Research Services

Distribution

Ovarian Cancer Chemotherapy

HER2 Negative Breast Cancer Treatment

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Ovarian Cancer Treatment
Healthcare & Pharmaceutical
ImmunoGen Inc.
Focusing on research & development of Mirvetuximab Soravtansine as a potent therapy for Ovarian Cancer treatment
Folate Receptor Alpha Positive Cancer Treatment
Healthcare & Pharmaceutical
ImmunoGen Inc.
Emphasizing on rigorous clinical trials to validate the effectiveness of Mirvetuximab Soravtansine for Folate Receptor Alpha positive cancer patients
Acute Lymphoblastic Leukemia Treatment
Healthcare & Pharmaceutical
ImmunoGen Inc.
Applying a directional approach towards the investigation of the potential applicability of Mirvetuximab Soravtansine in Acute Lymphoblastic Leukemia treatment
Cancer Drug Development
Healthcare & Pharmaceutical
ImmunoGen Inc.
Implementing strategic development programs to improve and diversify the application of Mirvetuximab Soravtansine in Cancer drug development

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Mirvetuximab Soravtansine market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Mirvetuximab Soravtansine in Platinum-Resistant Cancer Treatment, Folate Receptor Alpha Targeted Therapy and Ovarian Cancer Treatment

Platinum-Resistant Cancer Treatment

A unique advantage of Mirvetuximab Soravtansine lies in its ability to treat platinum-resistant cancers. This application has gained significant traction in the oncology market, which has witnessed the top players excelling by capitalizing on this niche.

Folate Receptor Alpha Targeted Therapy

The unique ability of Mirvetuximab Soravtansine to target Folate Receptor Alpha further broadens its applications scope in the medical field. FRA is typically overexpressed in cancer cells, and Mirvetuximab Soravtansine specifically binds to these cells to exterminate them, proving to be a promising option for targeted therapy. This positions the leading companies even more favorably in the oncology market, as these organizations continue to innovate and optimize targeted cancer therapies using Mirvetuximab Soravtansine.

Ovarian Cancer Treatment

A noteworthy application of Mirvetuximab Soravtansine is in the treatment of ovarian cancer. This drug specifically targets active cancer cells, sparing the normal cells and minimizing side effects. Leading players in the industry, renowned for their potent treatment options, have identified the potential of Mirvetuximab Soravtansine in ovarian cancer treatment due to its high specificity and efficacy. This application positions them competitively in the market by offering a promising solution for a critical health issue.

Mirvetuximab Soravtansine vs. Substitutes:
Performance and Positioning Analysis

Mirvetuximab Soravtansine, an advanced anti-cancer therapeutics, outshines its alternatives with its unique immunoconjugate technology. Its broad market positioning pivots on potential growth in oncology and personalized medicine. These Alternatives specially Paclitaxel Injection has experienced a rapid growth as detailed in our latest report.

Mirvetuximab Soravtansine
  • Trastuzumab Emtansine /
  • Bevacizumab /
  • Paclitaxel Injection
    Targeted treatment for ovarian cancer, potential for improved patient outcomes
    Limited application to a specific type of cancer, potential drug resistance from prolonged use
    High specificity, improved safety profile
    Limited clinical trial data, risk of resistance development

Mirvetuximab Soravtansine vs. Substitutes:
Performance and Positioning Analysis

Mirvetuximab Soravtansine

  • Targeted treatment for ovarian cancer, potential for improved patient outcomes
  • Limited application to a specific type of cancer, potential drug resistance from prolonged use

Trastuzumab Emtansine / Bevacizumab / Paclitaxel Injection

  • High specificity, improved safety profile
  • Limited clinical trial data, risk of resistance development

Mirvetuximab Soravtansine, an advanced anti-cancer therapeutics, outshines its alternatives with its unique immunoconjugate technology. Its broad market positioning pivots on potential growth in oncology and personalized medicine. These Alternatives specially Paclitaxel Injection has experienced a rapid growth as detailed in our latest report.

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Research Methodology

This market research methodology defines the Mirvetuximab Soravtansine market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at Country and Regional levels. As part of the Pharmaceutical ecosystem, we analyze Mirvetuximab Soravtansine across Hospitals, Speciality Clinics, and Research Institutes Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.


Key Sources Referenced:


We benchmark competitors such as ImmunoGen Inc, Sanofi, and Eli Lilly and Company by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Material Acquisition, Drug Development, and Clinical Research. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Pharmaceutical revenues to estimate the Mirvetuximab Soravtansine segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Material Acquisition (Latitude Pharmaceuticals, Symbiotec Pharmalab), Drug Development (ImmunoGen, Sanofi), and Clinical Research. Our parallel substitute analysis examines Trastuzumab Emtansine, Bevacizumab, and Paclitaxel Injection, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as ImmunoGen Inc, Sanofi, and Eli Lilly and Company, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Mirvetuximab Soravtansine market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Mirvetuximab Soravtansine Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 385 million
Revenue Forecast in 2034USD 709 million
Growth RateCAGR of 7.0% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 2024360 million
Growth OpportunityUSD 349 million
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD million and Industry Statistics
Market Size 2024360 million USD
Market Size 2027441 million USD
Market Size 2029505 million USD
Market Size 2030541 million USD
Market Size 2034709 million USD
Market Size 2035759 million USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredTherapeutic Application, End-user, Distribution Channel
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledImmunoGen Inc, Sanofi, Eli Lilly and Company, AstraZeneca, Bristol-Myers Squibb Company, Novartis AG, Pfizer Inc, Roche Holding AG, CELGENE CORPORATION, Johnson & Johnson, Amgen Inc and Merck & Co.
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Mirvetuximab Soravtansine Market Size, Opportunities & Strategic Insights, by Therapeutic Application

4.1Ovarian Cancer
4.2Endometrial Cancer
4.3Non-Small Cell Lung Cancer
4.4Others
Chapter 5

Mirvetuximab Soravtansine Market Size, Opportunities & Strategic Insights, by End-user

5.1Hospitals
5.2Speciality Clinics
5.3Research Institutes
5.4Others
Chapter 6

Mirvetuximab Soravtansine Market Size, Opportunities & Strategic Insights, by Distribution Channel

6.1Direct Distribution
6.2Pharmacy Chain
6.3Online Platforms
Chapter 7

Mirvetuximab Soravtansine Market, by Region

7.1North America Mirvetuximab Soravtansine Market Size, Opportunities, Key Trends & Strategic Insights
7.1.1U.S.
7.1.2Canada
7.2Europe Mirvetuximab Soravtansine Market Size, Opportunities, Key Trends & Strategic Insights
7.2.1Germany
7.2.2France
7.2.3UK
7.2.4Italy
7.2.5The Netherlands
7.2.6Rest of EU
7.3Asia Pacific Mirvetuximab Soravtansine Market Size, Opportunities, Key Trends & Strategic Insights
7.3.1China
7.3.2Japan
7.3.3South Korea
7.3.4India
7.3.5Australia
7.3.6Thailand
7.3.7Rest of APAC
7.4Middle East & Africa Mirvetuximab Soravtansine Market Size, Opportunities, Key Trends & Strategic Insights
7.4.1Saudi Arabia
7.4.2United Arab Emirates
7.4.3South Africa
7.4.4Rest of MEA
7.5Latin America Mirvetuximab Soravtansine Market Size, Opportunities, Key Trends & Strategic Insights
7.5.1Brazil
7.5.2Mexico
7.5.3Rest of LA
7.6CIS Mirvetuximab Soravtansine Market Size, Opportunities, Key Trends & Strategic Insights
7.6.1Russia
7.6.2Rest of CIS
Chapter 8

Competitive Landscape

8.1Competitive Dashboard & Market Share Analysis
8.2Company Profiles (Overview, Financials, Developments, SWOT)
8.2.1ImmunoGen Inc
8.2.2Sanofi
8.2.3Eli Lilly and Company
8.2.4AstraZeneca
8.2.5Bristol-Myers Squibb Company
8.2.6Novartis AG
8.2.7Pfizer Inc
8.2.8Roche Holding AG
8.2.9CELGENE CORPORATION
8.2.10Johnson & Johnson
8.2.11Amgen Inc
8.2.12Merck & Co.