The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), MRNA Vaccines and Therapeutics Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of MRNA Vaccines and Therapeutics Industry (2021-2026):
According to the latest report, The MRNA Vaccines and Therapeutics Market is likely to grow at a CAGR of around 13% during the forecast period, i.e., 2021-26, says MarkNtel Advisors. The report demonstrates the prominent factors propelling the exponential growth of the MRNA Vaccines and Therapeutics industry.
Key Takeaways: Beneficial for Stakeholders and Clients:
- Historical Data: 2016-19
- Base Year: 2020
- Forecast Period: 2021-26
- CAGR – 13%
What are the major Driver the MRNA Vaccines and Therapeutics industry?
Increasing Cases of COVID-19 – mRNA vaccines help protect against various infectious diseases. The COVID-19 mRNA vaccines teach the cells to make a harmless piece of the spike protein. The spike protein lies on the surface of the COVID-19 virus. Once the mRNA vaccine gets injected, the body starts triggering an immune response, thereby creating antibodies against the virus. Moreover, mRNA vaccines are highly effective in combatting new variants of the COVID-19 virus. Hence, the increasing number of COVID-19 patients leads to accelerate the demand for mRNA vaccines and therapeutics.
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MRNA Vaccines and Therapeutics Market Segmentation
The MRNA Vaccines and Therapeutics Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Application Type
- COVID mRNA Application
- Commercialised Vaccine
- mRNA-1273
- BNT162b2
- Pipeline Vaccines
- CVnCoV
- LUNAR-COV19
- MRT5500
- DS-5670
- Commercialised Vaccine
- Non-COVID mRNA Application
- Immuno-Oncology
- Cardiology
- Endocrinology
- Haematology
- Other infectious & rare diseases
- COVID mRNA Application
- By End Users
- Hospitals & healthcare Clinics
- Research Organisation & Institutions
- Others
- By Region
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
As per the regional aspect, the MRNA Vaccines and Therapeutics Market is expected to be dominated by North America by capturing the potential market share.
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Top Companies in the MRNA Vaccines and Therapeutics Market
Arcturus Therapeutics Holdings Inc., BioNTech, CureVac N.V., ethris GmbH, Gennova Biopharmaceuticals Ltd, GlaxoSmithKline plc, Moderna, Pantherna Therapeutics GmbH, Pfizer, Providence Therapeutics, Providence Therapeutics, Silence Therapeutics, Translate Bio, Versameb AG, Verve Therapeutics, Inc.
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