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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
RNA-Based Therapeutics And Vaccines Market: By Product, By Indication, By Type and Region Forecast 2019-2030
RNA-Based Therapeutics and Vaccines Market size was valued at US$ 61,296.3 million in 2023 and is poised to grow at a CAGR of 3.8% from 2024-2030. The market is likely to experience a steep rise in its growth during the forecast period due to the rise in the prevalence of chronic diseases such as diabetes, tuberculosis, cancer, and certain other cardiovascular conditions. RNA therapeutics and vaccines hold the distinction of providing better stability as compared to their counterparts. Though the majority of them are under trials (as mentioned above), they are increasingly preferred when it comes to treating obstinate disorders. Rapid advancement in technologies particularly in the healthcare sector has significantly lifted the demand for RNA-based therapeutics and vaccines.
The healthcare sector has been bringing their minds together to bring stability to the RNA molecules in the body with limited bioavailability. It is the RNA therapeutics that when combined with protein/ lipid nanoparticles provide better stability. Despite being in a clinical research phase the RNA therapeutics has been extensively explored with a primary aim to treat difficult diseases. One of the major factors that is driving the market is the rise of promising technologies such as antisense technology, smart technology, and RNAi interference technology. The market primarily finds cures for cancer and infectious diseases and since the pool of patients is large, the demand for the market subsequently is also high. This creates a huge opportunity globally for market. The lack of alternative treatment options for rare diseases further boosted the growth of RNA-based therapeutics and vaccines during the forecast period. Aiding the growth of this market, the increasing focus of legislative bodies on developing reimbursement policies has fueled the development process of RNA molecules.
Study Period
2024-2030Base Year
2023CAGR
3.8%Largest Market
North AmericaFastest Growing Market
North America
Gene silencing potential of RNA based therapeutics is the primary driver for the growth of this market. The other drivers include target specificity and selectivity of RNA therapeutics, more intense product focus versus platform technologies and virtual drug development models that enable companies to reduce the research cost. Factors such as expensive research, high failure rated accompanied with problems faced in drug delivery are anticipated to bring down the RNA based therapeutics and vaccines market.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 61,296.3 million |
Market CAGR |
3.8% |
By Product Type |
|
By Indication |
|
By Type |
|
By Region |
|
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The rna-based therapeutics and vaccines market size was valued at US$ 61,296.3 million in 2023 and is set to grow at a significant CAGR of 3.8% from 2024-2030.
Arrowhead Pharmaceuticals, Inc., BioNTech AG, CureVac AG, Dicerna Pharmaceuticals, Inc., Marina Biotech, Inc., miRagen Therapeutics, Inc.
North-America is the fastest-growing region in the market
1. Executive Summary |
2. Global RNA Based Therapeutics and Vaccines Introduction |
2.1. Global RNA Based Therapeutics and Vaccines - Taxonomy |
2.2. Global RNA Based Therapeutics and Vaccines - Definitions |
2.2.1. Product |
2.2.2. Indication |
2.2.3. Type |
2.2.4. Region |
3. Global RNA Based Therapeutics and Vaccines Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Key Developments |
3.6. Pipeline Analysis |
3.7. M&A Activities |
4. Global RNA Based Therapeutics and Vaccines By Product, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
4.1. RNA based Therapeutics |
4.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
4.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
4.1.3. Market Opportunity Analysis |
4.2. RNA based Vaccines |
4.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
4.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
4.2.3. Market Opportunity Analysis |
5. Global RNA Based Therapeutics and Vaccines By Indication, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
5.1. Oncology |
5 1 1 Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Ophthalmic Disorders |
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Immunology |
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Cardiovascular Disorders |
5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Infectious Diseases |
5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Genetic Disorders |
5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. CNS Disorders |
5.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Others |
5.8.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3. Market Opportunity Analysis |
6. Global RNA Based Therapeutics and Vaccines By Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
6.1. siRNA |
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. ASO |
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. mRNA |
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. saRNA |
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. miRNA |
6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. tRNA |
6.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Aptamers |
6.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
6.8. Others |
6.8.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.8.3. Market Opportunity Analysis |
7. Global RNA Based Therapeutics and Vaccines By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific |
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. MEA |
7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global RNA Based Therapeutics and Vaccines - Opportunity Analysis Index, By Indication, Product, Type, , , , , and Region, 2024-2030 |
8. North America RNA Based Therapeutics and Vaccines, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
8.1. Product Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1. RNA based Therapeutics |
8.1.2. RNA based Vaccines |
8.2. Indication Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1. Oncology |
8.2.2. Ophthalmic Disorders |
8.2.3. Immunology |
8.2.4. Cardiovascular Disorders |
8.2.5. Infectious Diseases |
8.2.6. Genetic Disorders |
8.2.7. CNS Disorders |
8.2.8. Others |
8.3. Type Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1. siRNA |
8.3.2. ASO |
8.3.3. mRNA |
8.3.4. saRNA |
8.3.5. miRNA |
8.3.6. tRNA |
8.3.7. Aptamers |
8.3.8. Others |
8.4. Country Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.4.1. USA |
8.4.2. Canada |
9. Europe RNA Based Therapeutics and Vaccines, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
9.1. Product Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1. RNA based Therapeutics |
9.1.2. RNA based Vaccines |
9.2. Indication Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1. Oncology |
9.2.2. Ophthalmic Disorders |
9.2.3. Immunology |
9.2.4. Cardiovascular Disorders |
9.2.5. Infectious Diseases |
9.2.6. Genetic Disorders |
9.2.7. CNS Disorders |
9.2.8. Others |
9.3. Type Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1. siRNA |
9.3.2. ASO |
9.3.3. mRNA |
9.3.4. saRNA |
9.3.5. miRNA |
9.3.6. tRNA |
9.3.7. Aptamers |
9.3.8. Others |
9.4. Country Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1. Germany |
9.4.2. France |
9.4.3. Italy |
9.4.4. UK |
9.4.5. Russia |
9.4.6. Rest of Europe |
10. Asia Pacific RNA Based Therapeutics and Vaccines, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
10.1. Product Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1. RNA based Therapeutics |
10.1.2. RNA based Vaccines |
10.2. Indication Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Oncology |
10.2.2. Ophthalmic Disorders |
10.2.3. Immunology |
10.2.4. Cardiovascular Disorders |
10.2.5. Infectious Diseases |
10.2.6. Genetic Disorders |
10.2.7. CNS Disorders |
10.2.8. Others |
10.3. Type Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1. siRNA |
10.3.2. ASO |
10.3.3. mRNA |
10.3.4. saRNA |
10.3.5. miRNA |
10.3.6. tRNA |
10.3.7. Aptamers |
10.3.8. Others |
10.4. Country Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1. China |
10.4.2. India |
10.4.3. Japan |
10.4.4. ANZ |
10.4.5. South East Asia |
10.4.6. Rest of APAC |
11. Latin America RNA Based Therapeutics and Vaccines, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
11.1. Product Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1. RNA based Therapeutics |
11.1.2. RNA based Vaccines |
11.2. Indication Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Oncology |
11.2.2. Ophthalmic Disorders |
11.2.3. Immunology |
11.2.4. Cardiovascular Disorders |
11.2.5. Infectious Diseases |
11.2.6. Genetic Disorders |
11.2.7. CNS Disorders |
11.2.8. Others |
11.3. Type Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1. siRNA |
11.3.2. ASO |
11.3.3. mRNA |
11.3.4. saRNA |
11.3.5. miRNA |
11.3.6. tRNA |
11.3.7. Aptamers |
11.3.8. Others |
11.4. Country Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1. Brazil |
11.4.2. Mexico |
11.4.3. Argentina |
11.4.4. Chile |
11.4.5. Rest of LA |
12. MEA RNA Based Therapeutics and Vaccines, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
12.1. Product Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1. RNA based Therapeutics |
12.1.2. RNA based Vaccines |
12.2. Indication Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Oncology |
12.2.2. Ophthalmic Disorders |
12.2.3. Immunology |
12.2.4. Cardiovascular Disorders |
12.2.5. Infectious Diseases |
12.2.6. Genetic Disorders |
12.2.7. CNS Disorders |
12.2.8. Others |
12.3. Type Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1. siRNA |
12.3.2. ASO |
12.3.3. mRNA |
12.3.4. saRNA |
12.3.5. miRNA |
12.3.6. tRNA |
12.3.7. miRNA |
12.3.8. Others |
12.4. Country Analysis, 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1. Saudi Arabia |
12.4.2. South Africa |
12.4.3. UAE |
12.4.4. Israel |
12.4.5. Rest of MEA |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, By Product Offerings, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Moderna Therapeutics, Inc. |
13.2.2. Alnylam Pharamceuticals, Inc. |
13.2.3. Arbutus Biopharma Corp |
13.2.4. Sylentis S.A. |
13.2.5. Santaris Pharma A/S. |
13.2.6. Arrowhead Pharmaceuticals, Inc. |
13.2.7. BioNTech AG |
13.2.8. Regulus Therapeutics, Inc. |
13.2.9. CureVac, AG |
13.2.10. Dicerna Pharmaceuticals, AG |
13.2.11. Novo Nordisk |
13.2.12. miRagen Therapeutics |
13.2.13. Sarepta Therapeutics |
13.2.14. Pfizer Inc |
14. Research Methodology |
15. Key Assumptions and Acronyms |
Key Market Players