The global mRNA therapeutics contract development & manufacturing organization market accounted for USD 4.16 billion in 2023 and is expected to reach at USD 13.52 billion by 2034 with a CAGR of 11.31% during the forecast period 2024-2034. The market will grow as a result of developments in mRNA therapeutics, increased investments in mRNA technologies, customized and flexible manufacturing solutions, rising demand for biologics and personalized medicines, and strategic alliances and collaborations.
Pharmaceutical companies, biotech businesses, and CDMOs are forming strategic alliances and partnerships to improve their capacity for the research and production of mRNA therapies. Through these alliances, CDMOs are able to better serve their clients and adapt to the changing needs of the market. These alliances frequently entail technology transfer, process improvement, and capacity expansion. For instance, in August 2022, Ricoh Company Ltd. announced that it would create a Ricoh Biomedical Startup Fund to support mRNA drug development research in Japan.
By application, the viral vaccines segment accounted for the highest revenue-grossing segment in the global mRNA therapeutics contract development & manufacturing organization market in 2023 and is predicted to grow at the fastest CAGR during the forecast period owing to increased demand for pandemic preparation solutions and the quick creation of COVID-19 vaccines based on mRNA. For instance, Oxford Nanopore Technologies Plc and Lonza announced in January 2024 that they would work together to validate cGMP and market a unique test that uses sequencing of both the DNA template and the mRNA to identify the quality features of mRNA products.
By indication, the infectious diseases segment accounted for the highest revenue-grossing segment in the global mRNA therapeutics contract development & manufacturing organization market in 2023 owing to the rising prevalence of infectious diseases and the development of mRNA-based therapies targeting various infectious pathogens. For instance, BioNTech SE introduced their new mRNA vaccine manufacturing capacity in Africa in December 2023. The establishment of a vaccine ecosystem in Africa and the preparation for potential pandemics were made possible by the new facility. Additionally, the metabolic & genetic segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing understanding of metabolic and genetic disorders and the development of targeted mRNA therapies for these conditions.
By end-user, the biotech companies segment accounted for the highest revenue-grossing segment in the global mRNA therapeutics contract development & manufacturing organization market in 2023 owing to the expanding pipeline of mRNA-based therapeutics and the outsourcing of manufacturing to specialized CDMOs by biotech companies. For instance, Biomay AG announced a facility extension in October 2023 that allowed its GMP facilities to expand and offer aseptic filling and mRNA manufacturing services. Additionally, the pharmaceutical company segment is predicted to grow at the fastest CAGR during the forecast period owing to the accelerated development of mRNA-based drugs and increased outsourcing of manufacturing to specialized CDMOs by pharmaceutical companies.
North American region is anticipated to have the highest revenue share during the forecast period owing to the strong presence of key pharmaceutical and biotech companies and significant investments in mRNA therapeutics research and development. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the rapidly expanding pharmaceutical and biotechnology sectors, increasing investments in healthcare infrastructure, and rising adoption of mRNA therapeutics in the region. For instance, Catalent stated in June 2023 that it was expanding its OneBio Suite to include a wider range of biologic modalities, including mRNA, cell and gene treatments, antibody and recombinant proteins.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Pharmaceutical companies, biotech businesses, and CDMOs are forming strategic alliances and partnerships to improve their capacity for the research and production of mRNA therapies. Through these alliances, CDMOs are able to better serve their clients and adapt to the changing needs of the market. These alliances frequently entail technology transfer, process improvement, and capacity expansion. For instance, in August 2022, Ricoh Company Ltd. announced that it would create a Ricoh Biomedical Startup Fund to support mRNA drug development research in Japan.
By application, the viral vaccines segment accounted for the highest revenue-grossing segment in the global mRNA therapeutics contract development & manufacturing organization market in 2023 and is predicted to grow at the fastest CAGR during the forecast period owing to increased demand for pandemic preparation solutions and the quick creation of COVID-19 vaccines based on mRNA. For instance, Oxford Nanopore Technologies Plc and Lonza announced in January 2024 that they would work together to validate cGMP and market a unique test that uses sequencing of both the DNA template and the mRNA to identify the quality features of mRNA products.
By indication, the infectious diseases segment accounted for the highest revenue-grossing segment in the global mRNA therapeutics contract development & manufacturing organization market in 2023 owing to the rising prevalence of infectious diseases and the development of mRNA-based therapies targeting various infectious pathogens. For instance, BioNTech SE introduced their new mRNA vaccine manufacturing capacity in Africa in December 2023. The establishment of a vaccine ecosystem in Africa and the preparation for potential pandemics were made possible by the new facility. Additionally, the metabolic & genetic segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing understanding of metabolic and genetic disorders and the development of targeted mRNA therapies for these conditions.
By end-user, the biotech companies segment accounted for the highest revenue-grossing segment in the global mRNA therapeutics contract development & manufacturing organization market in 2023 owing to the expanding pipeline of mRNA-based therapeutics and the outsourcing of manufacturing to specialized CDMOs by biotech companies. For instance, Biomay AG announced a facility extension in October 2023 that allowed its GMP facilities to expand and offer aseptic filling and mRNA manufacturing services. Additionally, the pharmaceutical company segment is predicted to grow at the fastest CAGR during the forecast period owing to the accelerated development of mRNA-based drugs and increased outsourcing of manufacturing to specialized CDMOs by pharmaceutical companies.
North American region is anticipated to have the highest revenue share during the forecast period owing to the strong presence of key pharmaceutical and biotech companies and significant investments in mRNA therapeutics research and development. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the rapidly expanding pharmaceutical and biotechnology sectors, increasing investments in healthcare infrastructure, and rising adoption of mRNA therapeutics in the region. For instance, Catalent stated in June 2023 that it was expanding its OneBio Suite to include a wider range of biologic modalities, including mRNA, cell and gene treatments, antibody and recombinant proteins.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Application, Indication, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement
Segmentation: MRNA Therapeutics Contract Development & Manufacturing Organization Market Report 2023 - 2034
MRNA Therapeutics Contract Development & Manufacturing Organization Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Viral Vaccines
- Protein Replacement Therapies
- Cancer Immunotherapies
MRNA Therapeutics Contract Development & Manufacturing Organization Market Analysis & Forecast by Indication 2023 - 2034 (Revenue USD Bn)
- Infectious Diseases
- Metabolic & Genetic Diseases
- Cardiovascular & Cerebrovascular Diseases
MRNA Therapeutics Contract Development & Manufacturing Organization Market Analysis & Forecast by End-User 2023 - 2034 (Revenue USD Bn)
- Biotech Companies
- Pharmaceutical Companies
- Government & Academic Research Institutes
MRNA Therapeutics Contract Development & Manufacturing Organization Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. MRNA Therapeutics Contract Development & Manufacturing Organization Market: Application Estimates & Trend Analysis
8. MRNA Therapeutics Contract Development & Manufacturing Organization Market: Indication Estimates & Trend Analysis
9. MRNA Therapeutics Contract Development & Manufacturing Organization Market: End-User Estimates & Trend Analysis
10. Regional Market Analysis
11. North America MRNA Therapeutics Contract Development & Manufacturing Organization Market
12. Europe Global MRNA Therapeutics Contract Development & Manufacturing Organization Market
13. Asia Pacific Global MRNA Therapeutics Contract Development & Manufacturing Organization Market
14. Latin America Global MRNA Therapeutics Contract Development & Manufacturing Organization Market
15. MEA Global MRNA Therapeutics Contract Development & Manufacturing Organization Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Catalent Inc.
- Lonza Group
- CordenPharma
- Thermo Fisher Scientific Inc.
- Samsung Biologics
- WuXi AppTec
- Rentschler Biopharma SE
- Aldevron
- AGC Biologics
- Charles River Laboratories
- Abzena
- Ajinomoto Bio-Pharma Services
- BioNTech SE
- Emergent BioSolutions
- BioPharma Solutions.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | October 2024 |
Forecast Period | 2023 - 2034 |
Estimated Market Value ( USD | $ 4.16 Billion |
Forecasted Market Value ( USD | $ 13.52 Billion |
Compound Annual Growth Rate | 11.3% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |