MRNA Technology Market May See a Big Move: Key Players Moderna Therapeutics, BioNTech, Ethris, CureVac, Argos Therapeutics, Sangamo Therapeutics Inc., Pfizer Inc, Biocon, Tiba Biotechnology, Verve Therapeutics Ltd. and many more

Market Study Report: The Report 2019-2028 Global MRNA Technology Market Report explores the essential factors of the MRNA Technology market considering such as industry situations, market demands, market players adopted business strategies and their growth scenario. The Global MRNA Technology market has been separated by this report based on the key players profiles, Type, Application and Regions.

The global mRNA technology market is expected to exhibit a marginal growth rate of 1.8% during the forecast period of 2022-2030. One of the major factors driving the market growth is the increased prevalence of medical disorders such as diabetes, tuberculosis (TB), cancer, and cardiovascular diseases (CVDs). The industry is also benefiting from the rising demand for therapeutic drugs and vaccines for COVID-19, Ebola, influenza, infectious and chronic diseases such as HIV, and other viral illnesses. The recent COVID-19 outbreak has been a launching year for the mRNA technology platforms with the extensive use of mRNA vaccines for treating COVID-19. The market has observed skyrocketed sales of COVID-19 mRNA vaccines during 2020 and 2021. Moreover, the fact that mRNA vaccines hold much more potential than current prophylactic COVID-19 vaccines coupled with the soaring investments in the development of mRNA-based technologies and the perception that COVID-19 will continue to affect the global population, the market for mRNA technologies is expected to witness a steady decline in the few upcoming years.

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The report also provides analysis of the key companies of the industry and their detailed company profiles including Moderna Therapeutics, BioNTech, Ethris, CureVac, Argos Therapeutics, Sangamo Therapeutics Inc., Pfizer Inc, Biocon, Tiba Biotechnology, Verve Therapeutics Ltd. and many more.

The rise in the prevalence of cancer is expected to provide significant growth opportunities for the market during the forecast period. For instance, according to the World Health Organization (WHO), cancer is one of the leading causes of mortalities globally which accounted for around 10 million mortalities in 2020. Cancer-causing infections such as hepatitis and human papillomavirus are responsible for 30% of cancer cases in low and lower-middle-income countries. Moreover in 2021, according to the National Center for Health Statistics, 1,896,180 new cases cancer cases and 608,570 cancer mortalities were recorded in the US.
Market Structure and Competitive Landscape
The global mRNA technology market is competitive and consists of a number of global and regional players operating in the market. Pharmaceutical companies are investing in mRNA technology as it allows them to mix numerous molecules into a therapeutic drug, which is another important growth factor. The major companies in the market include Moderna Therapeutics, BioNTech, Ethris, CureVac, Argos Therapeutics, Sangamo Therapeutics Inc., Pfizer Inc, Biocon, Tiba Biotechnology, Verve Therapeutics Ltd. and many more. Diversified portfolios of leading firms in innovations and R&D activities characterize the global market, and they are likely to prioritize mergers and acquisitions, and collaborations. Recent developments observed in the market include,

• In June 2022, Pfizer Inc. announced to invest US$ 120 million in its Kalamazoo, Michigan, facility, enabling U.S.-based production in support of its COVID-19 oral treatment, PAXLOVIDTM (nirmatrelvir tablets and ritonavir tablets).

• In January 2022, Pfizer Inc. and BioNTech SE announced a new research, development, and commercialization collaboration to develop a potential first mRNA-based vaccine for the prevention of shingles (herpes zoster virus, or HZV), a debilitating, disfiguring, and painful disease. The collaboration builds on the companies' success in developing the first approved and most widely used mRNA vaccine to help prevent COVID-19.

Scope of the Report

- To analyze and forecast the market size of the global MRNA Technology market.
- To classify and forecast the global MRNA Technology market based on product, application, end user, region.
- To identify drivers and challenges for the global MRNA Technology market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global MRNA Technology market.
- To identify and analyze the profile of leading players operating in the global MRNA Technology market.

Questions And Answers: Global MRNA Technology Market

Q1. What is the CAGR that the MRNA Technology Market is expected to register through the projected duration?

Answer: The MRNA Technology Market is likely to register a CAGR of 1.8% over the forecast period.

Q2. What categories does the Product terrain of MRNA Technology market comprise?

Answer: Segment Overview, Prophylactic Vaccines, Therapeutic Vaccines, Therapeutics.

Q3. Which Are the Key Players in Global MRNA Technology Market?

Answer: Moderna Therapeutics, BioNTech, Ethris, CureVac, Argos Therapeutics, Sangamo Therapeutics Inc., Pfizer Inc, Biocon, Tiba Biotechnology, Verve Therapeutics Ltd. and many more.

For More Details on This Report: https://www.marketstudyreport.com/reports/global-mrna-technology-market-investment-growth-opportunity-analysis-2019-2028

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