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mRNA Vaccines Market Poised for a 9.7% CAGR Surge, Targeting USD 21.79 Bn. by 2029

Author : Mahesh chavan | Published On : 20 Feb 2024

mRNA vaccines Market Scope and Research Methodology

According to the forecast, the mRNA vaccines Market will grow at a steady rate between 2024 and 2030. The mRNA vaccines market research report covers import/export consumption, supply and demand, pricing, market share, market penetration, sales volume, revenue generated, and gross margins. In the mRNA vaccines market, the report examines each manufacturing site's capacity, production, market price, sales revenue, and market share. Some of the countries involved include the United States, Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, and Brazil.

mRNA vaccines Market Research Reports offer qualitative and quantitative insights into key market development factors, constraints, opportunities, and issues in a global mRNA vaccines market. The study is based on forecasts from major organizations as well as market data. Market research includes sales growth figures at several regional and national market levels, a competitive climate for predicted periods, and individual firm valuations. The mRNA vaccines Market Report forecasts growth variables, current market share, various types, technologies, applications, and regional penetrations through 2030.

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mRNA vaccines Market Segment Analysis

Based on Type, the market is segmented into Self-Amplifying mRNA based vaccines, and Conventional Non- Amplifying mRNA based vaccines. Self-Amplifying mRNA based vaccines segment dominated the market in 2022 and is expected to hold the largest mRNA vaccines market share over the forecast period. SaRNA vaccines are designed to include not only the genetic code for the target antigen but also additional genetic elements derived from RNA viruses.

Based on Distribution Channels, the market is segmented into Government Procurement, Private Healthcare Providers, and Public Health Initiatives. Government Procurement and Public Health Initiatives segment dominated the market in 2022 and is expected to continue the dominance over the forecast period. Governments play a central role in procuring vaccines on behalf of the population. They negotiate contracts with vaccine manufacturers to secure doses for their citizens, often purchasing large quantities.

Market Segmentation

by Type

Self-Amplifying mRNA based vaccines
Conventional Non- Amplifying mRNA based vaccines

by Application

Cancer Immunotherapy
Allergy Tolerization
Therapeutic Vaccines
Protein Replacement
Others

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Global mRNA vaccines Market Key Players include

1. Pfizer-BioNTech
2. Moderna
3. CureVac
4. Arcturus Therapeutics
5. eTheRNA Immunotherapies
6. BioNTech SE
7. Acuitas Therapeutics
8. Vaxart

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Regional Analysis

Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the regions that comprise the mRNA vaccines market. The mRNA vaccines Industry Research examines the market's primary geographic condition, as well as its segments and sub-segments. The report analyzes regional development in terms of market size, share, and volume. The mRNA vaccines market report includes a geographic breakdown of the market and revenue, as well as an in-depth examination of the business network structure, opportunities, and news updates.

Key Questions answered in the mRNA vaccines Market Report are:

  • What is the current size and growth rate of the market?
  • What are the key drivers and challenges influencing market dynamics?
  • What are the major trends shaping the market?
  • How is the market segmented by product, application, region, or other relevant factors?
  • What are the market shares and growth prospects for each segment?

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