Product Code: GVR-4-68040-083-7
mRNA Therapeutics Contract Development & Manufacturing Organization Market Growth & Trends:
The global mRNA therapeutics contract development & manufacturing organization market size is expected to reach USD 8.35 billion by 2030, registering a CAGR of 11.28% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing technological advancements in mRNA and cellular delivery systems, coupled with their cost effectiveness, manufacturing simplicity, and ability to target previously undruggable pathways, have limitless potential to revolutionize medicine. This could represent lucrative growth opportunities for the market. Increasing R&D investments to develop mRNA therapeutics and a strong product pipeline are also propelling the market's growth. For instance, Moderna shared that R&D expenses for the fourth quarter of 2023 increased by 16% to USD 1.4 billion compared to the same quarter of 2022.
The R&D spending was driven by increased clinical manufacturing activities, with the company's Cytomegalovirus (CMV) vaccine, RSV vaccine, and combination vaccine against COVID-19 & flu, as well as its individualized neoantigen therapy. Such factors are expected to boost research efforts in mRNA therapeutics. In addition, developing novel therapeutics to address unmet medical needs is altering the product market. The rise in molecular complexity drives the need for in-depth knowledge in research and manufacturing services, as well as the technology to enable sustainable expression and scale-up of novel molecular formats. Platform technologies, such as those for bioconjugation or the creation of bispecific antibodies, can drastically shorten development and production times, and customers are looking for skilled CDMOs who can assist them shorten the time to market and reducing investment risk. Consequently, the need for CDMOs to design and produce goods for the pharmaceutical and biotechnology industries is growing exponentially.
mRNA Therapeutics Contract Development & Manufacturing Organization Market Report Highlights:
- The viral vaccines segment dominated the market with a share of 100.00% in 2023. Growth in the segment can be attributed to the rising availability and launch of various vaccines for the treatment of viral infection (COVID-19)
- The infectious diseases segment held the largest market share in 2023 due to the growing incidence of infectious diseases, several advantages of mRNA vaccine over conventional vaccines, emerging clinical studies & pipeline analysis, and increasing collaboration between pharmaceutical companies & CDMO for production
- The biotech companies end-use segment dominated the market and accounted for a share of more than 60.00% in 2023. The segment growth is driven by increasing strategic initiatives, such as partnerships & collaborations with CDMOs, to manufacture mRNA vaccines
- Asia Pacific is expected to register the fastest growth rate of 10.83% from 2024 to 2030. Due to the rising number of pharmaceutical companies and contract manufacturing organizations in developing countries like India and China, Asia Pacific is likely to overtake Europe and North America in the near future
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation and Scope
- 1.2 Estimates And Forecast Timeline
- 1.3 Market Definition
- 1.4 Research Methodology
- 1.5 Information Procurement
- 1.5.1 Information Analysis
- 1.5.2 Market Formulation & Data Visualization
- 1.5.3 Data Validation & Publishing
- 1.6 Research Scope And Assumptions
- 1.6.1 Commodity Flow Analysis
- 1.6.2 Top Down Market Estimation
- 1.6.3 Region/Country Based Segment Share Calculation.
- 1.6.4 Multivariate Analysis
- 1.6.5 Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: CAGR Calculation
- 1.7 List of Secondary Sources
- 1.8 List of Abbreviations
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Segment Snapshot
- 2.4 Competitive Landscape Snapshot
Chapter 3 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: Variables, Trends, & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Parent Market Outlook
- 3.1.2 Ancillary Market Outlook
- 3.1.2.1 Global Recombinant Protein Therapeutics CDMO Market
- 3.2 Market Dynamics
- 3.2.1 Market Driver Analysis
- 3.2.1.1 Rapid Adoption Of Mrna In Vaccine Development
- 3.2.1.2 Multiple Research Efforts On Mrna Therapeutics
- 3.2.1.3 Major Funding For Mrna Research
- 3.2.2 Market Restraint Analysis
- 3.2.2.1 Availability of Low-cost Substitute Therapies
- 3.2.2.2 High Research Cost
- 3.3 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: Analysis Tools
- 3.3.1 Porter's Five Forces Analysis
- 3.3.2 Pestel Analysis
- 3.4 COVID-19 Impact Analysis
Chapter 4 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: Application Analysis
- 4.1 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market by Application Segment: Key Takeaways
- 4.2 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: Application Movement Analysis
- 4.3 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates & Forecast by Application (USD Million)
- 4.4 Viral Vaccines
- 4.4.1 Viral Vaccines Market, 2018 - 2030 (USD Million)
- 4.5 Protein Replacement Therapies
- 4.5.1 Protein Replacement Therapies Market, 2018 - 2030 (USD Million)
- 4.6 Cancer Immunotherapies
- 4.6.1 Cancer Immunotherapies Market, 2018 - 2030 (USD Million)
Chapter 5 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: Indication Analysis
- 5.1 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market by Indication Segment: Key Takeaways
- 5.2 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: Indication Movement Analysis
- 5.3 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates & Forecast by Indication (USD Million)
- 5.4 Infectious Diseases
- 5.4.1 Infectious Diseases Market, 2018 - 2030 (USD Million)
- 5.5 Metabolic & Genetic Diseases
- 5.5.1 Metabolic & Genetic Diseases Market, 2018 - 2030 (USD Million)
- 5.6 Cardiovascular & Cerebrovascular Diseases
- 5.6.1 Cardiovascular & Cerebrovascular Diseases Market, 2018 - 2030 (USD Million)
Chapter 6 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: End-use Analysis
- 6.1 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market by End-use Segment: Key Takeaways
- 6.2 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: End-use Movement Analysis
- 6.3 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates & Forecast by End-use (USD Million)
- 6.4 Biotech Companies
- 6.4.1 Biotech Companies Market, 2018 - 2030 (USD Million)
- 6.5 Pharmaceutical Companies
- 6.5.1 Pharmaceutical Companies Market, 2018 - 2030 (USD Million)
- 6.6 Government & Academic Research Institutes
- 6.6.1 Government & Academic Research Institutes Market, 2018 - 2030 (USD Million)
Chapter 7 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: Regional Analysis
- 7.1 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market by Regional Segment: Key Takeaways
- 7.2 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO): Market Share Analysis, 2023 & 2030
- 7.3 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO): Market Estimates and Forecast, by Region (USD Million)
- 7.4 North America
- 7.4.1 North America Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.4.2 U.S.
- 7.4.2.1 Key Country Dynamics
- 7.4.2.2 Competitive Scenario
- 7.4.2.3 U.S. mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.4.3 Canada
- 7.4.3.1 Key Country Dynamics
- 7.4.3.2 Competitive Scenario
- 7.4.3.3 Canada mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.5 Europe
- 7.5.1 Europe Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.5.2 UK
- 7.5.2.1 Key Country Dynamics
- 7.5.2.2 Competitive Scenario
- 7.5.2.3 UK mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.5.3 Germany
- 7.5.3.1 Key Country Dynamics
- 7.5.3.2 Competitive Scenario
- 7.5.3.3 Germany mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.5.4 France
- 7.5.4.1 Key Country Dynamics
- 7.5.4.2 Competitive Scenario
- 7.5.4.3 France mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.5.5 Italy
- 7.5.5.1 Key Country Dynamics
- 7.5.5.2 Competitive Scenario
- 7.5.5.3 Italy mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.5.6 Spain
- 7.5.6.1 Key Country Dynamics
- 7.5.6.2 Competitive Scenario
- 7.5.6.3 Spain mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.5.7 Denmark
- 7.5.7.1 Key Country Dynamics
- 7.5.7.2 Competitive Scenario
- 7.5.7.3 Denmark mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.5.8 Sweden
- 7.5.8.1 Competitive Scenario
- 7.5.8.2 Key Country Dynamics
- 7.5.8.3 Sweden mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.5.9 Norway
- 7.5.9.1 Key Country Dynamics
- 7.5.9.2 Competitive Scenario
- 7.5.9.3 Norway mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.6 Asia Pacific
- 7.6.1 Asia Pacific Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (Usd Million
- 7.6.2 Japan
- 7.6.2.1 Key Country Dynamics
- 7.6.2.2 Competitive Scenario
- 7.6.2.3 Japan Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.6.3 China
- 7.6.3.1 Key Country Dynamics
- 7.6.3.2 Competitive Scenario
- 7.6.3.3 China Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.6.4 India
- 7.6.4.1 Key Country Dynamics
- 7.6.4.2 Competitive Scenario
- 7.6.4.3 India Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.6.5 Australia
- 7.6.5.1 Key Country Dynamics
- 7.6.5.2 Competitive Scenario
- 7.6.5.3 Australia Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.6.6 South Korea
- 7.6.6.1 Key Country Dynamics
- 7.6.6.2 Competitive Scenario
- 7.6.6.3 South Korea Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.6.7 Indonesia
- 7.6.7.1 Key Country Dynamics
- 7.6.7.2 Competitive Scenario
- 7.6.7.3 Indonesia Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.7 Latin America
- 7.7.1 Latin America Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.7.2 Brazil
- 7.7.2.1 Key Country Dynamics
- 7.7.2.2 Competitive Scenario
- 7.7.2.3 Brazil Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.7.3 Mexico
- 7.7.3.1 Key Country Dynamics
- 7.7.3.2 Competitive Scenario
- 7.7.3.3 Mexico Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.7.4 Argentina
- 7.7.4.1 Key Country Dynamics
- 7.7.4.2 Competitive Scenario
- 7.7.4.3 Argentina mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.8 MEA
- 7.8.1 Mea Mrna Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.8.2 South Africa
- 7.8.2.1 Key Country Dynamics
- 7.8.2.2 Competitive Scenario
- 7.8.3 Saudi Arabia
- 7.8.3.1 Key Country Dynamics
- 7.8.3.2 Competitive Scenario
- 7.8.3.3 Saudi Arabia mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.8.4 UAE
- 7.8.4.1 Key Country Dynamics
- 7.8.4.2 Competitive Scenario
- 7.8.4.3 UAE mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
- 7.8.5 Kuwait
- 7.8.5.1 Key Country Dynamics
- 7.8.5.2 Competitive Scenario
- 7.8.5.3 Kuwait mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market Estimates And Forecasts, 2021 - 2030 (USD Million)
Chapter 8 mRNA Therapeutics Contract Development & Manufacturing Organization (CDMO) Market: Competitive Landscape
- 8.1. Market Participant Categorization
- 8.2. Market Position Analysis, 2022/2023 (Heat Map Analysis)
- 8.3. Company Profiles
- 8.3.1. Strategy Mapping
- 8.3.2. Service Launches
- 8.3.3. Acquisition
- 8.3.4. Partnerships/Agreements/Collaboration
- 8.3.5. Expansions
- 8.4. Vendor Landscape
- 8.4.1. Key company market share analysis, 2023
- 8.4.2. Danaher (Aldevron)
- 8.4.2.1. Company overview
- 8.4.2.2. Financial performance
- 8.4.2.3. Product/service benchmarking
- 8.4.2.4. Strategic initiatives
- 8.4.3. Biomay AG
- 8.4.3.1. Company overview
- 8.4.3.2. Financial performance
- 8.4.3.3. Product/service benchmarking
- 8.4.3.4. Strategic initiatives
- 8.4.4. Bio-Synthesis, Inc.
- 8.4.4.1. Company overview
- 8.4.4.2. Financial performance
- 8.4.4.3. Product/service benchmarking
- 8.4.4.4. Strategic initiatives
- 8.4.5. eTheRNA
- 8.4.5.1. Company overview
- 8.4.5.2. Financial performance
- 8.4.5.3. Product/service benchmarking
- 8.4.5.4. Strategic initiatives
- 8.4.6. Kaneka Eurogentec S.A.
- 8.4.6.1. Company overview
- 8.4.6.2. Financial performance
- 8.4.6.3. Product/service benchmarking
- 8.4.6.4. Strategic initiatives
- 8.4.7. TriLink BioTechnologies
- 8.4.7.1. Company overview
- 8.4.7.2. Financial performance
- 8.4.7.3. Product/service benchmarking
- 8.4.7.4. Strategic initiatives
- 8.4.8. ApexBio Technology
- 8.4.8.1. Company overview
- 8.4.8.2. Financial performance
- 8.4.8.3. Product/service benchmarking
- 8.4.8.4. Strategic initiatives
- 8.4.9. BioNTech SE
- 8.4.9.1. Company overview
- 8.4.9.2. Financial performance
- 8.4.9.3. Product/service benchmarking
- 8.4.9.4. Strategic initiatives
- 8.4.10. BioCina
- 8.4.10.1. Company overview
- 8.4.10.2. Financial performance
- 8.4.10.3. Product/service benchmarking
- 8.4.10.4. Strategic initiatives
- 8.4.11. Lonza
- 8.4.11.1. Company overview
- 8.4.11.2. Financial performance
- 8.4.11.3. Product/service benchmarking
- 8.4.11.4. Strategic initiatives
- 8.4.12. Recipharm AB
- 8.4.12.1. Company overview
- 8.4.12.2. Financial performance
- 8.4.12.3. Product/service benchmarking
- 8.4.12.4. Strategic initiatives
- 8.4.13. Novo Holdings (Catalent, Inc.)
- 8.4.13.1. Company overview
- 8.4.13.2. Financial performance
- 8.4.13.3. Product/service benchmarking
- 8.4.13.4. Strategic initiatives
- 8.4.14. Samsung Biologics
- 8.4.14.1. Company overview
- 8.4.14.2. Financial performance
- 8.4.14.3. Product/service benchmarking
- 8.4.14.4. Strategic initiatives