Press release
mRNA Vaccines & Therapeutics Market to Hit $ 503 Mn by 2032 - Key Growth Trends | AstraZeneca, Pfizer Inc., Moderna, Inc., BioNTech SE.
The Global mRNA Vaccines and Therapeutics market reached US$ 410 million in 2024 and is expected to reach US$ 503 million by 2032, growing at a CAGR of 9.0% during the forecast period 2025-2032.Mrna Vaccines And Therapeutics Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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mRNA vaccines and therapeutics use messenger RNA to instruct cells to produce proteins that trigger immune responses or treat diseases. They offer rapid development, high efficacy, and adaptability, revolutionizing vaccines for infectious diseases and advancing treatments for cancer and genetic disorders.
List of the Key Players in the Mrna Vaccines And Therapeutics Market:
AstraZeneca, Pfizer Inc., Moderna, Inc., BioNTech SE., Arcturus Therapeutics, Inc., CureVac SE, Sanofi, and etherna
Industry Development:
In September 2024, ME Therapeutics Holdings began efficacy testing of its first two mRNA formulations in collaboration with NanoVation Therapeutics.
In April 2024, Sanofi signed a master service agreement with IDT Australia for preclinical formulation development and cGMP manufacturing of its mRNA vaccines.
That same month, VBI Vaccines expanded its collaboration with the Canadian government, securing CAD$28 million in funding from the Strategic Innovation Fund to advance its MLE platform, an mRNA-based eVLP vaccine technology.
Growth Forecast Projected:
The Global Mrna Vaccines And Therapeutics Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Mrna Vaccines And Therapeutics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Mrna Vaccines And Therapeutics Market:
By Product Type: Prophylactic Vaccines, Therapeutic Vaccines, Therapeutic Drugs
By Application: Cancer, Infectious Diseases, Rare Genetic Diseases, Others
By End-user: Hospitals & Clinics, Research Organization, Academic Institutes, Others
Regional Analysis for Mrna Vaccines And Therapeutics Market:
The regional analysis of the Mrna Vaccines And Therapeutics Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Mrna Vaccines And Therapeutics market?
➠ Who are the leading manufacturers in the global Mrna Vaccines And Therapeutics industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Mrna Vaccines And Therapeutics industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Mrna Vaccines And Therapeutics market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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