Europe Mrna Therapeutics Market Size & Outlook, 2024-2030
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Europe mrna therapeutics market highlights
- The Europe mrna therapeutics market generated a revenue of USD 3,348.9 million in 2023.
- The market is expected to grow at a CAGR of 14.6% from 2024 to 2030.
- In terms of segment, infectious diseases was the largest revenue generating application in 2023.
- Infectious Diseases is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 3,348.9 million |
| Market revenue in 2030 | USD 8,704.9 million |
| Growth rate | 14.6% (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 | Moderna Inc, BioNTech SE ADR, CureVac NV Ordinary Shares, Arcturus Therapeutics Holdings Inc, Sanofi SA, GSK PLC, Pfizer Inc, AstraZeneca PLC, Argos Therapeutics, ETHRIS |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.5% of the global mrna therapeutics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,398.9 million by 2030.
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MRNA Therapeutics Market Scope
MRNA Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ETHRIS | View profile | 101-250 | Planegg, Bayern, Germany, Europe | http://ethris.com/ |
| Argos Therapeutics | View profile | 101-250 | Durham, North Carolina, United States, North America | http://www.argostherapeutics.com |
| Arcturus Therapeutics Holdings Inc | View profile | 180 | 10628 Science Center Drive, Suite 250, San Diego, CA, United States, 92121 | https://www.arcturusrx.com |
| CureVac NV Ordinary Shares | View profile | 1100 | Friedrich-Miescher-Strasse 15, Tubingen, BW, Germany, 72076 | https://www.curevac.com |
| Moderna Inc | View profile | 5600 | 200 Technology Square, Cambridge, MA, United States, 02139 | https://www.modernatx.com |
| BioNTech SE ADR | View profile | 6133 | An der Goldgrube 12, Mainz, RP, Germany, D-55131 | https://www.biontech.de |
| AstraZeneca PLC | View profile | 89900 | 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA | https://www.astrazeneca.com |
| GSK PLC | View profile | 70200 | 980 Great West Road, Brentford, Middlesex, United Kingdom, TW8 9GS | https://www.gsk.com |
| Sanofi SA | View profile | 87994 | 46, avenue de la Grande Armée, Paris, France, 75017 | https://www.sanofi.com |
| Pfizer Inc | View profile | 88000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | https://www.pfizer.com |
Europe mrna therapeutics 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 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 market based on infectious diseases covering the revenue growth of each sub-segment from 2021 to 2030.
The mRNA therapeutics market in Europe is thriving due to strong government support, advancements in research infrastructure, and the success of COVID-19 mRNA vaccines. Countries such as Germany and France are investing significantly in biotechnology, propelling the market.
BioN Tech’s success with the Pfizer-BioN Tech COVID-19 vaccine showcases the region’s capabilities. Collaborations and partnerships with global pharmaceutical companies are driving innovation, emphasizing Europe’s role in shaping the future landscape of mRNA therapeutics and offering potential solutions for a wide range of medical conditions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe mrna therapeutics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe mrna therapeutics market from 2021 to 2030, including revenue numbers, major trends, and company profiles.
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Europe mrna therapeutics market size, by country, 2021-2030 (US$M)
Europe MRNA Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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