
mRNA Vaccine and Therapeutics Market, By Product Type (mRNA Vaccines, mRNA Therapeutics); By Route of Administration (Intramuscular, Intravenous, Others); By Application (Cancer, Genetic Disorders, Infectious Diseases, Cardiovascular Disorders, Others); B
Description
Global mRNA Vaccine and Therapeutics Market Zooming 2.7X to Cross USD 36 Billion by 2031
Global mRNA Vaccine and Therapeutics Market is flourishing because of an escalating demand for gene and cell therapies, an increasing number of regulatory approvals for viral vector-based drugs and vaccines, and the rising volume of clinical trials in the innovative therapeutic space.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global mRNA Vaccine and Therapeutics Market size at USD 13.36 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Global mRNA Vaccine and Therapeutics Market size to boom at a robust CAGR of 15.5% reaching a value of USD 36.64 Billion by 2031. The growth of mRNA Vaccine and Therapeutics Market across the regions is propelled by an increasing focus on mRNA-based treatments for chronic diseases. These lab-generated therapeutics offer enhanced safety, production efficiency, and superior immunological advantages over traditional DNA vaccines by triggering robust B- and T-cell immune responses through viral antigen production. The urgent global demand for effective COVID-19 vaccines greatly accelerated mRNA research and development, prompting pharmaceutical companies to prioritize these solutions. Furthermore, the emergence of new viral strains has led regulatory authorities to fast-track approvals via emergency and conditional authorizations, further fueling market expansion.
Impact of Escalating Geopolitical Tensions on Global mRNA Vaccine and Therapeutics Market
Intensifying geopolitical tensions could disrupt the growth of Global mRNA Vaccine and Therapeutics Market. Such conflicts invariably disrupt global supply chains, jeopardizing the timely availability of crucial raw materials and specialized components essential for mRNA vaccine production. Trade restrictions, sanctions, and border closures can lead to considerable delays in manufacturing timelines and drive up production costs, impacting affordability and accessibility. Furthermore, political instability often results in a reallocation of government funding, potentially diverting resources away from vital healthcare innovation, thereby impeding research and development efforts in the mRNA space. The inherent uncertainty in international relations can also hinder global collaborations and regulatory harmonization, both of which are critical for the efficient conduct of clinical trials and the equitable distribution of these life-saving therapeutics. Collectively, these multifaceted challenges present substantial risks to the market's anticipated expansion and global accessibility.
North America Leads Global mRNA Vaccine and Therapeutics Market
North America currently holds and is expected to maintain the largest share in the Global mRNA Vaccine and Therapeutics Market. The dominance is largely driven by strong contributions from United States and Canada, with United States at the forefront due to substantial funding for mRNA vaccine development, a robust pipeline of therapeutic candidates, and the significant presence of both established and emerging pharmaceutical companies. The region benefits from advanced manufacturing infrastructure, including sophisticated ultracold supply chains, and increasing public awareness of mRNA technologies. Key industry players like Moderna and strategic partnerships, such as with Catalent for large-scale production, have further solidified the regional market. Additionally, investments from organizations like CEPI and active involvement of companies such as Translate Bio and Arcturus Therapeutics are fueling continued growth, ensuring North America's sustained leadership in the Global mRNA Vaccine and Therapeutics Market.
Competitive Landscape
Major companies in Global mRNA Vaccine and Therapeutics Market include Sanofi, GSK Plc., AstraZeneca, CureVac N.V., Moderna Inc., Arcturus Therapeutics, BioNTech SE, Pfizer Inc., Daiichi Sankyo Company, Silence Therapeutics, Ethris GmbH, Panthera Therapeutics GmbH, Argos Therapeutics Inc., Gennova Biopharmaceuticals Ltd, and Providence Therapeutics. The presence of high number of companies intensify the market competition as they compete to gain a significant market share. These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and Global mRNA Vaccine and Therapeutics Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global mRNA Vaccine and Therapeutics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Global mRNA Vaccine and Therapeutics Market is flourishing because of an escalating demand for gene and cell therapies, an increasing number of regulatory approvals for viral vector-based drugs and vaccines, and the rising volume of clinical trials in the innovative therapeutic space.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global mRNA Vaccine and Therapeutics Market size at USD 13.36 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Global mRNA Vaccine and Therapeutics Market size to boom at a robust CAGR of 15.5% reaching a value of USD 36.64 Billion by 2031. The growth of mRNA Vaccine and Therapeutics Market across the regions is propelled by an increasing focus on mRNA-based treatments for chronic diseases. These lab-generated therapeutics offer enhanced safety, production efficiency, and superior immunological advantages over traditional DNA vaccines by triggering robust B- and T-cell immune responses through viral antigen production. The urgent global demand for effective COVID-19 vaccines greatly accelerated mRNA research and development, prompting pharmaceutical companies to prioritize these solutions. Furthermore, the emergence of new viral strains has led regulatory authorities to fast-track approvals via emergency and conditional authorizations, further fueling market expansion.
Impact of Escalating Geopolitical Tensions on Global mRNA Vaccine and Therapeutics Market
Intensifying geopolitical tensions could disrupt the growth of Global mRNA Vaccine and Therapeutics Market. Such conflicts invariably disrupt global supply chains, jeopardizing the timely availability of crucial raw materials and specialized components essential for mRNA vaccine production. Trade restrictions, sanctions, and border closures can lead to considerable delays in manufacturing timelines and drive up production costs, impacting affordability and accessibility. Furthermore, political instability often results in a reallocation of government funding, potentially diverting resources away from vital healthcare innovation, thereby impeding research and development efforts in the mRNA space. The inherent uncertainty in international relations can also hinder global collaborations and regulatory harmonization, both of which are critical for the efficient conduct of clinical trials and the equitable distribution of these life-saving therapeutics. Collectively, these multifaceted challenges present substantial risks to the market's anticipated expansion and global accessibility.
North America Leads Global mRNA Vaccine and Therapeutics Market
North America currently holds and is expected to maintain the largest share in the Global mRNA Vaccine and Therapeutics Market. The dominance is largely driven by strong contributions from United States and Canada, with United States at the forefront due to substantial funding for mRNA vaccine development, a robust pipeline of therapeutic candidates, and the significant presence of both established and emerging pharmaceutical companies. The region benefits from advanced manufacturing infrastructure, including sophisticated ultracold supply chains, and increasing public awareness of mRNA technologies. Key industry players like Moderna and strategic partnerships, such as with Catalent for large-scale production, have further solidified the regional market. Additionally, investments from organizations like CEPI and active involvement of companies such as Translate Bio and Arcturus Therapeutics are fueling continued growth, ensuring North America's sustained leadership in the Global mRNA Vaccine and Therapeutics Market.
Competitive Landscape
Major companies in Global mRNA Vaccine and Therapeutics Market include Sanofi, GSK Plc., AstraZeneca, CureVac N.V., Moderna Inc., Arcturus Therapeutics, BioNTech SE, Pfizer Inc., Daiichi Sankyo Company, Silence Therapeutics, Ethris GmbH, Panthera Therapeutics GmbH, Argos Therapeutics Inc., Gennova Biopharmaceuticals Ltd, and Providence Therapeutics. The presence of high number of companies intensify the market competition as they compete to gain a significant market share. These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and Global mRNA Vaccine and Therapeutics Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global mRNA Vaccine and Therapeutics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
499 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. mRNA Vaccine and Therapeutics Market Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Global mRNA Vaccine and Therapeutics Market Insights
- 3.1. End User Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing Demand for Personalized Medicine & Precision Therapies
- 3.2.1.2. Rising Adoption of mRNA Technology
- 3.2.1.3. Increasing Government Investments & Public-Private Partnerships
- 3.2.2. Restraints
- 3.2.2.1. Rising Production Costs
- 3.2.2.2. Increasing Dependency on Cold Chain Logistics
- 3.2.3. Opportunities
- 3.2.3.1. Advancements in AI & Synthetic Biology
- 3.2.3.2. Growing Application of mRNA in Cancer Immunotherapy & Genetic Disease Treatment
- 3.2.4. Challenges
- 3.2.4.1. Increasing Competition from Alternative Vaccines
- 3.2.4.2. Regulatory Uncertainty
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Global mRNA Vaccine and Therapeutics Market: Marketing Strategies
- 5. Global mRNA Vaccine and Therapeutics Market: Pricing Analysis
- 6. Global mRNA Vaccine and Therapeutics Market: Geography Analysis
- 6.1. Global mRNA Vaccine and Therapeutics Market, Geographical Analysis, 2024
- 6.2. Global mRNA Vaccine and Therapeutics, Market Attractiveness Analysis, 2024–2031
- 7. Global mRNA Vaccine and Therapeutics Market Overview
- 7.1. Market Size & Forecast, 2019–2031
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.1.1. mRNA Vaccines
- 7.2.1.2. mRNA Therapeutics
- 7.2.2. By Route of Administration
- 7.2.2.1. Intramuscular
- 7.2.2.2. Intravenous
- 7.2.2.3. Others
- 7.2.3. By Application
- 7.2.3.1. Cancer
- 7.2.3.2. Genetic Disorders
- 7.2.3.3. Infectious Diseases
- 7.2.3.4. Cardiovascular Disorders
- 7.2.3.5. Others
- 7.2.4. By End User
- 7.2.4.1. Hospitals & Clinics
- 7.2.4.2. Research Organizations
- 7.2.4.3. Pharmaceutical & Biotechnology Companies
- 7.2.4.4. Others
- 7.2.5. By Region
- 7.2.5.1. North America
- 7.2.5.2. Europe
- 7.2.5.3. Asia Pacific
- 7.2.5.4. Latin America
- 7.2.5.5. Middle East and Africa
- 8. North America mRNA Vaccine and Therapeutics Market
- 8.1. Market Size & Forecast, 2019–2031
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Route of Administration
- 8.2.3. By Application
- 8.2.4. By End User
- 8.2.5. By Country
- 8.2.5.1. United States
- 8.2.5.1.1. By Product Type
- 8.2.5.1.2. By Route of Administration
- 8.2.5.1.3. By Application
- 8.2.5.1.4. By End User
- 8.2.5.2. Canada
- 8.2.5.2.1. By Product Type
- 8.2.5.2.2. By Route of Administration
- 8.2.5.2.3. By Application
- 8.2.5.2.4. By End User
- 9. Europe mRNA Vaccine and Therapeutics Market
- 9.1. Market Size & Forecast, 2019–2031
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Route of Administration
- 9.2.3. By Application
- 9.2.4. By End User
- 9.2.5. By Country
- 9.2.5.1. Germany
- 9.2.5.1.1. By Product Type
- 9.2.5.1.2. By Route of Administration
- 9.2.5.1.3. By Application
- 9.2.5.1.4. By End User
- 9.2.5.2. United Kingdom
- 9.2.5.2.1. By Product Type
- 9.2.5.2.2. By Route of Administration
- 9.2.5.2.3. By Application
- 9.2.5.2.4. By End User
- 9.2.5.3. Italy
- 9.2.5.3.1. By Product Type
- 9.2.5.3.2. By Route of Administration
- 9.2.5.3.3. By Application
- 9.2.5.3.4. By End User
- 9.2.5.4. France
- 9.2.5.4.1. By Product Type
- 9.2.5.4.2. By Route of Administration
- 9.2.5.4.3. By Application
- 9.2.5.4.4. By End User
- 9.2.5.5. Spain
- 9.2.5.5.1. By Product Type
- 9.2.5.5.2. By Route of Administration
- 9.2.5.5.3. By Application
- 9.2.5.5.4. By End User
- 9.2.5.6. Belgium
- 9.2.5.6.1. By Product Type
- 9.2.5.6.2. By Route of Administration
- 9.2.5.6.3. By Application
- 9.2.5.6.4. By End User
- 9.2.5.7. Russia
- 9.2.5.7.1. By Product Type
- 9.2.5.7.2. By Route of Administration
- 9.2.5.7.3. By Application
- 9.2.5.7.4. By End User
- 9.2.5.8. The Netherlands
- 9.2.5.8.1. By Product Type
- 9.2.5.8.2. By Route of Administration
- 9.2.5.8.3. By Application
- 9.2.5.8.4. By End User
- 9.2.5.9. Rest of Europe
- 9.2.5.9.1. By Product Type
- 9.2.5.9.2. By Route of Administration
- 9.2.5.9.3. By Application
- 9.2.5.9.4. By End User
- 10. Asia Pacific mRNA Vaccine and Therapeutics Market
- 10.1. Market Size & Forecast, 2019–2031
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Route of Administration
- 10.2.3. By Application
- 10.2.4. By End User
- 10.2.5. By Country
- 10.2.5.1. China
- 10.2.5.1.1. By Product Type
- 10.2.5.1.2. By Route of Administration
- 10.2.5.1.3. By Application
- 10.2.5.1.4. By End User
- 10.2.5.2. India
- 10.2.5.2.1. By Product Type
- 10.2.5.2.2. By Route of Administration
- 10.2.5.2.3. By Application
- 10.2.5.2.4. By End User
- 10.2.5.3. Japan
- 10.2.5.3.1. By Product Type
- 10.2.5.3.2. By Route of Administration
- 10.2.5.3.3. By Application
- 10.2.5.3.4. By End User
- 10.2.5.4. South Korea
- 10.2.5.4.1. By Product Type
- 10.2.5.4.2. By Route of Administration
- 10.2.5.4.3. By Application
- 10.2.5.4.4. By End User
- 10.2.5.5. Australia & New Zealand
- 10.2.5.5.1. By Product Type
- 10.2.5.5.2. By Route of Administration
- 10.2.5.5.3. By Application
- 10.2.5.5.4. By End User
- 10.2.5.6. Indonesia
- 10.2.5.6.1. By Product Type
- 10.2.5.6.2. By Route of Administration
- 10.2.5.6.3. By Application
- 10.2.5.6.4. By End User
- 10.2.5.7. Malaysia
- 10.2.5.7.1. By Product Type
- 10.2.5.7.2. By Route of Administration
- 10.2.5.7.3. By Application
- 10.2.5.7.4. By End User
- 10.2.5.8. Singapore
- 10.2.5.8.1. By Product Type
- 10.2.5.8.2. By Route of Administration
- 10.2.5.8.3. By Application
- 10.2.5.8.4. By End User
- 10.2.5.9. Vietnam
- 10.2.5.9.1. By Product Type
- 10.2.5.9.2. By Route of Administration
- 10.2.5.9.3. By Application
- 10.2.5.9.4. By End User
- 10.2.5.10. Rest of APAC
- 10.2.5.10.1. By Product Type
- 10.2.5.10.2. By Route of Administration
- 10.2.5.10.3. By Application
- 10.2.5.10.4. By End User
- 11. Latin America mRNA Vaccine and Therapeutics Market
- 11.1. Market Size & Forecast, 2019–2031
- 11.1.1. By Value (USD Billion)
- 11.2. Market Share & Forecast
- 11.2.1. By Product Type
- 11.2.2. By Route of Administration
- 11.2.3. By Application
- 11.2.4. By End User
- 11.2.5. By Country
- 11.2.5.1. Brazil
- 11.2.5.1.1. By Product Type
- 11.2.5.1.2. By Route of Administration
- 11.2.5.1.3. By Application
- 11.2.5.1.4. By End User
- 11.2.5.2. Mexico
- 11.2.5.2.1. By Product Type
- 11.2.5.2.2. By Route of Administration
- 11.2.5.2.3. By Application
- 11.2.5.2.4. By End User
- 11.2.5.3. Argentina
- 11.2.5.3.1. By Product Type
- 11.2.5.3.2. By Route of Administration
- 11.2.5.3.3. By Application
- 11.2.5.3.4. By End User
- 11.2.5.4. Peru
- 11.2.5.4.1. By Product Type
- 11.2.5.4.2. By Route of Administration
- 11.2.5.4.3. By Application
- 11.2.5.4.4. By End User
- 11.2.5.5. Rest of LATAM
- 11.2.5.5.1. By Product Type
- 11.2.5.5.2. By Route of Administration
- 11.2.5.5.3. By Application
- 11.2.5.5.4. By End User
- 12. Middle East & Africa mRNA Vaccine and Therapeutics Market
- 12.1. Market Size & Forecast, 2019–2031
- 12.1.1. By Value (USD Billion)
- 12.2. Market Share & Forecast
- 12.2.1. By Product Type
- 12.2.2. By Route of Administration
- 12.2.3. By Application
- 12.2.4. By End User
- 12.2.5. By Country
- 12.2.5.1. Saudi Arabia
- 12.2.5.1.1. By Product Type
- 12.2.5.1.2. By Route of Administration
- 12.2.5.1.3. By Application
- 12.2.5.1.4. By End User
- 12.2.5.2. UAE
- 12.2.5.2.1. By Product Type
- 12.2.5.2.2. By Route of Administration
- 12.2.5.2.3. By Application
- 12.2.5.2.4. By End User
- 12.2.5.3. Qatar
- 12.2.5.3.1. By Product Type
- 12.2.5.3.2. By Route of Administration
- 12.2.5.3.3. By Application
- 12.2.5.3.4. By End User
- 12.2.5.4. Kuwait
- 12.2.5.4.1. By Product Type
- 12.2.5.4.2. By Route of Administration
- 12.2.5.4.3. By Application
- 12.2.5.4.4. By End User
- 12.2.5.5. South Africa
- 12.2.5.5.1. By Product Type
- 12.2.5.5.2. By Route of Administration
- 12.2.5.5.3. By Application
- 12.2.5.5.4. By End User
- 12.2.5.6. Nigeria
- 12.2.5.6.1. By Product Type
- 12.2.5.6.2. By Route of Administration
- 12.2.5.6.3. By Application
- 12.2.5.6.4. By End User
- 12.2.5.7. Algeria
- 12.2.5.7.1. By Product Type
- 12.2.5.7.2. By Route of Administration
- 12.2.5.7.3. By Application
- 12.2.5.7.4. By End User
- 12.2.5.8. Rest of MEA
- 12.2.5.8.1. By Product Type
- 12.2.5.8.2. By Route of Administration
- 12.2.5.8.3. By Application
- 12.2.5.8.4. By End User
- 13. Competitive Landscape
- 13.1. List of Key Players and Their Types
- 13.2. Global mRNA Vaccine and Therapeutics Company Market Share Analysis, 2024
- 13.3. Competitive Benchmarking, By Operating Parameters
- 13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 14. Impact of Escalating Geopolitical Tensions on Global mRNA Vaccine and Therapeutics Market
- 15. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 15.1. Sanofi
- 15.2. GSK Plc
- 15.3. AstraZeneca
- 15.4. CureVac N.V.
- 15.5. Moderna Inc.
- 15.6. Arcturus Therapeutics
- 15.7. BioNTech SE
- 15.8. Pfizer Inc.
- 15.9. Daiichi Sankyo Company
- 15.10. Silence Therapeutics
- 15.11. Ethris GmbH
- 15.12. Panthera Therapeutics GmbH
- 15.13. Argos Therapeutics Inc.
- 15.14. Gennova Biopharmaceuticals Ltd
- 15.15. Providence Therapeutics
- 15.16. Other Prominent Players
- 16. Key Strategic Recommendations
- 17. Research Methodology
- 17.1. Qualitative Research
- 17.1.1. Primary & Secondary Research
- 17.2. Quantitative Research
- 17.3. Market Breakdown & Data Triangulation
- 17.3.1. Secondary Research
- 17.3.2. Primary Research
- 17.4. Breakdown of Primary Research Respondents, By Region
- 17.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
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