Mexico Mrna Therapeutics Market Size & Outlook, 2023-2030
Mexico mrna therapeutics market, 2021-2030 (US$M)
Related Markets
Mexico mrna therapeutics market highlights
- The Mexico mrna therapeutics market generated a revenue of USD 219.9 million in 2023 and is expected to reach USD 612.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 15.8% 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.
Mrna therapeutics market data book summary
| Market revenue in 2023 | USD 219.9 million |
| Market revenue in 2030 | USD 612.4 million |
| Growth rate | 15.8% (CAGR from 2023 to 2030) |
| Largest segment | Infectious diseases |
| Fastest growing segment | Infectious Diseases |
| Historical data | 2021 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 1.9% of the global mrna therapeutics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil mrna therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 612.4 million by 2030.
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MRNA Therapeutics Market Scope
MRNA Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 Mexico mrna therapeutics market based on infectious diseases covering the revenue growth of each sub-segment from 2021 to 2030.
Mexico has a high rate of infectious diseases coupled with the growth of the country’s biotechnology & biopharmaceutical industries, owing to the increasing number of startups and rising investments. In addition, several government initiatives to promote infectious disease mRNA-based vaccine uptake are also expected to push the market forward.
For instance, in August 2021, Sorrento Therapeutics Mexico, a subsidiary of Sorrento Therapeutics, Inc., signed an MoU with Instituto National de Medicine Genomica (INMEGEN) for the clinical development of COVID-19 products, including multivalent mRNA-based therapeutics, vaccines, & diagnostics.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico mrna therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico mrna therapeutics market from 2021 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico mrna therapeutics market size, by application, 2021-2030 (US$M)
Mexico MRNA Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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