UK Mrna Therapeutics Market Size & Outlook, 2023-2030
UK mrna therapeutics market, 2021-2030 (US$M)
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UK mrna therapeutics market highlights
- The UK mrna therapeutics market generated a revenue of USD 651.1 million in 2023 and is expected to reach USD 1,883.7 million by 2030.
- The UK market is expected to grow at a CAGR of 16.4% 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 651.1 million |
| Market revenue in 2030 | USD 1,883.7 million |
| Growth rate | 16.4% (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, UK accounted for 5.5% 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 Europe, Germany mrna therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,883.7 million by 2030.
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MRNA Therapeutics Market Scope
MRNA Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 UK mrna therapeutics market based on infectious diseases covering the revenue growth of each sub-segment from 2021 to 2030.
Growing government deals with companies active in the mRNA space are being signed within the country to manage the pandemic. For instance, in January 2023, the UK government announced a strategic partnership with BioN Tech to set up new R&D centers in the UK to deliver 10,000 personalized mRNA therapies to patients before 2030.
Similarly, in December 2022, the UK government and Moderna signed a deal to construct an mRNA facility in the UK. The facility is anticipated to offer access to locally produced future mRNA vaccine portfolio against respiratory viruses in the UK. Such initiatives in the region by industry players in the UK are expected to drive the mRNA therapeutics market during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK mrna therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into UK mrna therapeutics market from 2021 to 2030, including revenue numbers, major trends, and company profiles.
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UK mrna therapeutics market size, by application, 2021-2030 (US$M)
UK MRNA Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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