Europe Mrna Therapeutics Contract Development & Manufacturing Market Size & Outlook
Europe mrna therapeutics contract development & manufacturing market, 2021-2030 (US$M)
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Europe mrna therapeutics contract development & manufacturing market highlights
- The Europe mrna therapeutics contract development & manufacturing market generated a revenue of USD 1,161.6 million in 2023.
- The market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, infectious diseases was the largest revenue generating indication in 2023.
- Infectious Diseases is the most lucrative indication segment registering the fastest growth during the forecast period.
- Country-wise, Sweden is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,161.6 million |
| Market revenue in 2030 | USD 2,336.2 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Infectious diseases |
| Fastest growing segment | Infectious Diseases |
| Historical data covered | 2021 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Infectious Diseases |
| Key market players worldwide | Danaher Corp, Kaneka Corp, TriLink BioTechnologies, Apex Biotechnology, BioNTech SE ADR, Lonza Group Ltd, Nunn’s Home Medical Equipment, EQT Corp, Catalent Inc, Samsung Electronics Co Ltd, Biomay AG, Indication, eTheRNA immunotherapies, BioCina |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.0% of the global mrna therapeutics contract development & manufacturing 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 3,228.0 million by 2030.
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MRNA Therapeutics Contract Development & Manufacturing Market Scope
MRNA Therapeutics Contract Development & Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe mrna therapeutics contract development & manufacturing 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 therapeutics contract development & manufacturing market will help companies and investors design strategic landscapes.
Infectious diseases was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe mrna therapeutics contract development & manufacturing market based on infectious diseases covering the revenue growth of each sub-segment from 2021 to 2030.
Due to the COVID-19 pandemic, vaccine developers entered into strategic agreements with contract development and manufacturing service providers to meet the urgent global demand for mRNAbased vaccines, which led to significant growth in the outsourcing industry.
Moreover, manufacturing mRNA therapeutics is complex, cost-intensive, and requires skilled professionals. Thus, several small- to medium-sized companies rely on CDMO to produce mRNA-synthesized products to innovate new mRNA therapeutics.
For instance, in February 2022, Moderna, Inc. announced expansion of its commercial network in Denmark, Belgium, Norway, the Netherlands, Poland, and Sweden to support the delivery of mRNA vaccines & therapeutics locally.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe mrna therapeutics contract development & manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe mrna therapeutics contract development & manufacturing market from 2021 to 2030, including revenue numbers, major trends, and company profiles.
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Europe mrna therapeutics contract development & manufacturing market size, by country, 2021-2030 (US$M)
Europe MRNA Therapeutics Contract Development & Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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