The mRNA Therapeutics Market size was valued at USD 40.06 billion in 2023 and is expected to grow at USD 45.85 billion by 2031, and grow at a CAGR of 1.7 % over the forecast period of 2024-2031.
The mRNA vaccines got a boost during the covid 19 due to the rise in demand of the mRNA-based vaccines. The driving factor of mRNA-based vaccines is mainly due to the increase in diseases and infections all around the globe. Both the covid 19 vaccines Pfizer-BioNTech, and the Moderna used mRNA. mRNA based vaccine has quality to teach the cells to create protein which further triggers the immune system and also helps to create antibodies which prevents the virus from harming our bodies. The success rate was high during the human clinic trials which increase the demand for the mRNA therapeutics market all around the globe.
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According to our data there has been a rise in the unhealthy lifestyle of the people living in the developed region due to the unbalanced lifestyle ,work related stress also the increase in the consumption of the alcohol and cigarette which weakens the immune system are also considered as the driving factor for mRNA therapeutics market.
Adding to the given information the manufacturing speed is fast compared to the other protein-based drugs available which gives a benefit to the mRNA therapeutics market to increase the market share.
When we look at the segmentation of the mRNA therapeutics markets the market is basically divided into three segments by application , by type and by end user. By application includes various disease like rare genetic disease where the patients are facing the problem because of his/ her parents’ genes and then comes the respiratory disease where various problems like chronic disease and lung disease plays a part.
By type includes various type of drugs and vaccines the important sub segment is the therapeutic vaccines which helps immune system to identify the defective foreign cells like cancer cells an infectious and harmful virus .
This report will give you detailed brief about the segmentations of mRNA therapeutics.
During the initial phase of the covid 19 it was very difficult to understand the situation because we had never encountered this situation before ,To understand the covid 19 it took at least 6 months which included how does the virus spreads what are the symptoms ,does the virus gets upgraded and many more similar concerns ,MRNA therapeutics market had an incredible growth during the covid 19 due to the effective results after the trails on human ,and also due to the technological advancement after the post covid the mRNA therapeutic market is on the fastest growing stage .Also the increase in demand after the results of mRNA vaccines during the covid phase contributed a lot in the growth of mRNA therapeutic market .
Drivers
Rise in the increase of disease and infections all around the globe
Lack of healthy diet meal resulting in lack of protein in body and causing weak immune system.
Restrains
The rise in awareness about benefits of strong immune system among people
Opportunities
The increase in demand for the MRNA based vaccines
The technological advancement in the field of mRNA therapeutic market.
Challenges
The other available options in the market for immunization which are inexpensive is the challenging factor for mRNA therapeutics
The supply chain disruptions caused by the Russia Ukraine war has a negative impact on the MRNA therapeutic market, Production issues got raised due to the war, also the investors and local vendors have to think about the investments due to the uncertainty of the market situation.
Impact of ongoing recession
Healthcare industry has a negative impact due to the shift in the people perception about the health conditions, people don’t take small symptoms on a priority base which leads to the negative impact on healthcare industry which also includes therapeutic market. Also, the availability of the other options for immunization which is inexpensive is the concerning factor for therapeutic market during the recession
By Application:
Rare genetic disease
Respiratory disease
Infectious disease
By Type:
Prophylactic vaccines
Therapeutic Vaccines
Therapeutic Drugs
By End User:
Hospitals and clinics
Research Organizations
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North America is said to be the highest growing region due to the available resources, research funding and the programs regarding the awareness of the mRNA-based vaccines. The initiatives taken by the several institutes to promote for market and the additional government support and funding is the driving factor for mRNA therapeutic market.
Europe is said to be the second highest sharing region for the MRNA Therapeutic market due to the increase in disease and the awareness of the immunization benefits.
Also there has been an increase in the technological advancement for the mRNA therapeutic system which brings the additional benefit along with it like cost effectiveness and availability of easily manufacturable process.
The above factors can be considered as the driving factor for the mRNA therapeutics market in Europe region.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major key players are BioNtech AG, Translate Bio, Inc, Aros Therapeutics, AstraZeneca, Pfizer plc, Sangamo therapeutics, CureVac NV, Ethris GMBh, Etherna Immunotherapies., Crisper Therapeutics.
| Report Attributes | Details |
| Market Size in 2023 | US$ 40.06 Billion |
| Market Size by 2031 | US$ 45.85 Billion |
| CAGR | CAGR of 1.7 % From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Application (Rare genetic disease, Respiratory disease, Infectious disease) • By type (Prophylactic vaccines, Therapeutic Vaccines, Therapeutic Drugs) • By end user (Hospitals and clinics, Research Organizations) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | BioNtech AG, Translate Bio, Inc, Aros Therapeutics, AstraZeneca, Pfizer plc, Sangamo therapeutics, CureVac NV, Ethris GMBh, Etherna Immunotherapies., Crisper Therapeutics. |
| Key Drivers | • Rise in the increase of disease and infections all around the globe • Lack of healthy diet meal resulting in lack of protein in body and causing weak immune system. |
| Market Opportunity | • The increase in demand for the MRNA based vaccines • The technological advancement in the field of mRNA therapeutic market. |
Ans: The mRNA Therapeutics Market size was valued at US$ 39.40 Bn in 2022.
Ans: The mRNA Therapeutics Market is growing at a CAGR of 1.2% over the forecast period of 2023 -2030.
North America is said to be the highest growing region due to the available resources, research funding.
The supply chain disruptions caused by the Russia Ukraine war has a negative impact on the mRNA therapeutic market.
The increase in demand for the MRNA based vaccines
The technological advancement in the field of mRNA therapeutic market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of the Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. MRNA Therapeutics Market Segmentation, by Application
8.1 Rare genetic disease
8.2 respiratory disease
8.3 Infectious disease
9. MRNA Therapeutics Market Segmentation, by type
9.1 Prophylactic vaccines
9.2 Therapeutic Vaccines
9.3 Therapeutic Drugs
10. MRNA Therapeutics Market Segmentation, by End User
10.1 Hospitals and clinics
10.2 Research Organizations
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.1.1 USA MRNA Therapeutics Market by Application
11.2.1.2 USA MRNA Therapeutics Market by Type
11.2.1.3 USA MRNA Therapeutics Market by End User
11.2.2 Canada
11.2.2.1 Canada MRNA Therapeutics Market by Application
11.2.2.2 Canada MRNA Therapeutics Market by Type
11.2.2.3 Canada MRNA Therapeutics Market by End User
11.2.3 Mexico
11.2.3.1 Mexico MRNA Therapeutics Market by Application
11.2.3.2 Mexico MRNA Therapeutics Market by Type
11.2.3.3 Mexico MRNA Therapeutics Market by End User
11.3 Europe
11.3.1 Germany
11.3.1.1 Germany MRNA Therapeutics Market by Application
11.3.1.2 Germany MRNA Therapeutics Market by Type
11.3.1.2 Germany MRNA Therapeutics Market by End User
11.3.2 UK
11.3.2.1 UK MRNA Therapeutics Market by Application
11.3.2.2 UK MRNA Therapeutics Market by Type
11.3.2.3 UK MRNA Therapeutics Market by End User
11.3.3 France
11.3.3.1 France MRNA Therapeutics Market by Application
11.3.3.2 France MRNA Therapeutics Market by Type
11.3.3.3 France MRNA Therapeutics Market by End User
11.3.4 Italy
11.3.4.1 Italy MRNA Therapeutics Market by Application
11.3.4.2 Italy MRNA Therapeutics Market by Type
11.3.4.3 Italy MRNA Therapeutics Market by End User
11.3.5 Spain
11.3.5.1 Spain MRNA Therapeutics Market by Application
11.3.5.2 Spain MRNA Therapeutics Market by Type
11.3.5.3 Spain MRNA Therapeutics Market by End User
11.3.6 The Netherlands
11.3.6.1 Netherlands MRNA Therapeutics Market by Application
11.3.6.2 Netherlands MRNA Therapeutics Market by Type
11.3.6.3 Netherlands MRNA Therapeutics Market by End User
11.3.7 Rest of Europe
11.3.7.1 Rest of Europe MRNA Therapeutics Market by Application
11.3.7.2 Rest of Europe MRNA Therapeutics Market by Type
11.3.7.3 Rest of Europe MRNA Therapeutics Market by End User
11.4 Asia-Pacific
11.4.1 Japan
11.4.1.1 Japan MRNA Therapeutics Market by Application
11.4.1.2 Japan MRNA Therapeutics Market by Type
11.4.1.3 Japan MRNA Therapeutics Market by End User
11.4.2 South Korea
11.4.2.1 South Korea MRNA Therapeutics Market by Application
11.4.2.2 South Korea MRNA Therapeutics Market by Type
11.4.2.3 South Korea MRNA Therapeutics Market by End User
11.4.3 China
11.4.3.1 China MRNA Therapeutics Market by Application
11.4.3.2 China MRNA Therapeutics Market by Type
11.4.3.3 China MRNA Therapeutics Market by End User
11.4.4 India
11.4.4.1 India MRNA Therapeutics Market by Application
11.4.4.2 India MRNA Therapeutics Market by Type
11.5.4.3 India MRNA Therapeutics Market by End User
11.4.5 Australia
11.4.5.1 Australia MRNA Therapeutics Market by Application
11.4.5.2 Australia MRNA Therapeutics Market by Type
11.4.5.3 Australia MRNA Therapeutics Market by End User
11.4.6 Rest of Asia-Pacific
11.4.6.1 APAC MRNA Therapeutics Market by Application
11.4.6.2 APAC MRNA Therapeutics Market by Type
11.4.6.3 APAC MRNA Therapeutics Market by End User
11.5 The Middle East & Africa
11.5.1 Israel
11.5.1.1 Israel MRNA Therapeutics Market by Application
11.5.1.2 Israel MRNA Therapeutics Market by Type
11.5.1.3 Israel MRNA Therapeutics Market by End User
11.5.2 UAE
11.5.2.1 UAE MRNA Therapeutics Market by Application
11.5.2.2 UAE MRNA Therapeutics Market by Type
11.5.2.3 UAE MRNA Therapeutics Market by End User
11.5.3 South Africa
11.5.3.1 South Africa MRNA Therapeutics Market by Application
11.5.3.2 South Africa MRNA Therapeutics Market by Type
11.5.3.3 South Africa MRNA Therapeutics Market by End User
11.5.4 Rest of Middle East & Africa
11.5.4.1 Rest of Middle East & Asia MRNA Therapeutics Market by Application
11.5.4.2 Rest of Middle East & Asia MRNA Therapeutics Market by Type
11.5.4.3 Rest of Middle East & Asia MRNA Therapeutics Market by End User
11.6 Latin America
11.6.1 Brazil
11.6.1.1 Brazil MRNA Therapeutics Market by Application
11.6.1.2 Brazil Africa MRNA Therapeutics Market by Type
11.6.1.3 Brazil MRNA Therapeutics Market by End User
11.6.2 Argentina
11.6.2.1 Argentina MRNA Therapeutics Market by Application
11.6.2.2 Argentina MRNA Therapeutics Market by Type
11.6.2.3 Argentina MRNA Therapeutics Market by End User
11.6.3 Rest of Latin America
11.6.3.1 Rest of Latin America MRNA Therapeutics Market by Application
11.6.3.2 Rest of Latin America MRNA Therapeutics Market by Type
11.6.3.3 Rest of Latin America MRNA Therapeutics Market by End User
12 Company Profile
12.1 BioNtech AG
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Translate Bio
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Aros Therapeutics
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 AstraZeneca
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Phizer plc
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Sangamo therapeutics
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 CureVac NV
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Ethris GMBh
12.8.1 Market Overview
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Etherna Immunotherapies.
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Crisper therapeutics
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
14. USE Cases and Best Practices
15. Conclusion
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