The Business Research Company’s Messenger Ribonucleic Acid (MRNA) Synthesis Raw Materials Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Messenger Ribonucleic Acid (MRNA) Synthesis Raw Materials Global Market Report 2023 evaluates messenger ribonucleic acid (MRNA) synthesis raw materials market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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$2.86 billion in 2022 to 2.94 billion in 2023 at a compound annual growth rate (CAGR) of 2.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The mRNA synthesis raw materials market is expected to reach $3.26 billion in 2027 at a CAGR of 2.6%.
The growing incidence of cancer and chronic disorders is expected to propel the growth of the mRNA synthesis raw materials market going forward. Cancer is a disorder in which aberrant cells develop uncontrollably and can infiltrate neighboring tissues and potentially move to other regions of the body via the blood and lymph systems. Chronic illnesses are described generically as problems that persist for a year or longer, need continuing medical treatment, impede everyday activities, or both. mRNA synthesis raw materials are used in drug discovery, vaccine development, and the manufacturing of therapeutics that are RNA-based to offer better immunogenicity, higher efficiency, and a short production time that can be used to treat cancer and chronic disorders. For instance, in 2020, according to Globocan, a Switzerland-based provider of a worldwide database of cancer incidence and mortality rates, there were around 19.29 million new cancer cases in 2020, and the number of cancer cases in the next five years is estimated to be 50.55 million. Furthermore, in April 2022, according to statistics published in the National Council on Aging’s report, a US-based charitable organization for older Americans with service providers and policymakers, approximately 80% of persons aged 65 and older will have at least one chronic ailment, with 68% having two or more in the United States. Therefore, the growing incidence of cancer and chronic disorders drives the mRNA synthesis raw materials market.
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The messenger ribonucleic acid (MRNA) synthesis raw materials market segments in the report are:
1) By Type: Capping Agents, Nucleotides, Plasmid DNA, Other Types
2) By Applications: Therapeutics Production, Vaccine Production, Other Applications
3) By End-Users: Biotechnology Companies, Pharmaceutical Companies, Research And Academic Institutions, Other End-Users
The table of contents in TBRC’s messenger ribonucleic acid (MRNA) synthesis raw materials market report includes:
- Executive Summary
- mRNA Synthesis Raw Materials Market Characteristics
- mRNA Synthesis Raw Materials Market Trends And Strategies
- mRNA Synthesis Raw Materials Market – Macro Economic Scenario
- mRNA Synthesis Raw Materials Market Segmentation.
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- Global mRNA Synthesis Raw Materials Market Competitive Benchmarking
- Global mRNA Synthesis Raw Materials Market Competitive Dashboard
- Key Mergers And Acquisitions In The mRNA Synthesis Raw Materials Market
- mRNA Synthesis Raw Materials Market Future Outlook and Potential Analysis
- Appendix
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