North America Mrna Synthesis Raw Materials Market Size & Outlook
North America mrna synthesis raw materials market, 2018-2030 (US$M)
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North America mrna synthesis raw materials market highlights
- The North America mrna synthesis raw materials market generated a revenue of USD 1,015.5 million in 2023.
- The market is expected to grow at a CAGR of 2.5% from 2024 to 2030.
- In terms of segment, capping agents was the largest revenue generating type in 2023.
- Capping Agents is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,015.5 million |
| Market revenue in 2030 | USD 1,209.9 million |
| Growth rate | 2.5% (CAGR from 2023 to 2030) |
| Largest segment | Capping agents |
| Fastest growing segment | Capping Agents |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Capping Agents, Nucleotides, Plasmid DNA, Enzymes |
| Key market players worldwide | Roche Holding AG, Merck KGaA, Thermo Fisher Scientific Inc, Maravai LifeSciences Holdings Inc Ordinary Shares - Class A, New England Biolabs, Creative-Biolabs, Jena Bioscience, YEASEN Biotechnology, BOC Sciences, Hongene Biotechnology |
Other key industry trends
- In terms of revenue, North America region accounted for 35.5% of the global mrna synthesis raw materials market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,209.9 million by 2030.
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MRNA Synthesis Raw Materials Market Scope
MRNA Synthesis Raw Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America mrna synthesis raw materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mrna synthesis raw materials market will help companies and investors design strategic landscapes.
Capping agents was the largest segment with a revenue share of 40.93% in 2023. Horizon Databook has segmented the North America mrna synthesis raw materials market based on capping agents, nucleotides, plasmid dna, enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
A large number of market players in the U.S. are engaged in continuous development of advanced mRNA synthesis raw materials for research. Presence of innovators and major market players has resulted in higher product penetration in the country.
Furthermore, presence of a structured environment for usage and approvals of mRNA-based therapeutics & vaccines and local presence of key companies, such as BOC Sciences, Thermo Fisher Scientific, New England Biolabs, and Maravai LifeSciences; and a comprehensive informatics network within the country, are boosting market growth.
For instance, in August 2022, New England Biolabs introduced a novel Faustovirus Capping Enzyme for enzymatic capping of mRNA to support mRNA therapeutic manufacturing requirements.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America mrna synthesis raw materials market , including forecasts for subscribers. This continent databook contains high-level insights into North America mrna synthesis raw materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America mrna synthesis raw materials market size, by country, 2018-2030 (US$M)
North America MRNA Synthesis Raw Materials Market Outlook Share, 2023 & 2030 (US$M)
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