Market revenue in 2023 | USD 178.2 million |
Market revenue in 2030 | USD 325.5 million |
Growth rate | 9% (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 |
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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 Middle East & Africa mrna therapeutics contract development & manufacturing market based on infectious diseases covering the revenue growth of each sub-segment from 2021 to 2030.
Middle Eastern countries such as South Africa, Saudi Arabia, the United Arab Emirates (UAE), and Kuwait are prospering economies. The mRNA therapeutics contract development & manufacturing organization (CDMO) in the MEA region is likely to grow steadily in the coming years.
The increasing burden of diseases and the demand for various mRNA therapeutics are major factors contributing to the growth of the market. Besides, the growing number of clinical trials is anticipated to boost the market growth.
For instance, the WHO International Clinical Trials Registry Platform (ICTRP) reports 861 clinical trials as registered in Africa in 2022. In addition, competition between pharmaceutical companies in underdeveloped countries of the region is attracting various biotechnology and pharmaceutical startups, resulting in regional market growth.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa mrna therapeutics contract development & manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa mrna therapeutics contract development & manufacturing market from 2021 to 2030, including revenue numbers, major trends, and company profiles.
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