mRNA Vaccines and Therapeutics Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The MRNA Vaccines and Therapeutics Market is Segmented by MRNA Construct Type (Conventional Non-Replicating MRNA, and More), Therapeutic Area (Infectious Diseases, Oncology, and More), Delivery System (Polymer-Based Nanocarriers, Cationic Nano-Emulsions, and More), Distribution Channel (Public and Private), and Geography (North America, Europe, and More). The Market and Forecasts are Provided in Terms of Value (USD).

MRNA Vaccines And Therapeutics Market Size and Share

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MRNA Vaccines And Therapeutics Market Analysis by Mordor Intelligence

  • The mRNA vaccines and therapeutics market size stood at USD 63.89 billion in 2025 and is forecast to reach USD 138.88 billion by 2030, translating into a vigorous 16.8% CAGR. Scale-up capital is flowing into specialized manufacturing hubs, strategic public–private alliances are broadening clinical pipelines, and next-generation constructs are moving from academic labs to pivotal trials. Investor appetite remains resilient because real-world effectiveness data validate the platform across COVID-19, RSV, and several oncology settings [1]Moderna, Inc., "Moderna Receives U.S. FDA Approval for RSV Vaccine mRESVIA," modernatx.com. Closing regulatory gaps through the FDA Platform Designation Program and similar fast-track schemes in Japan and Singapore is shortening development timelines, while modular closed-system plants reduce both capex and batch-to-batch variability. At the same time, supply-chain innovations—particularly continuous lipid-nanoparticle production and improved cold-chain monitors—are lowering cost per dose and expanding access in emerging regions.

Key Report Takeaways

  • By mRNA construct type, conventional non-replicating mRNA led with 65.65% of the mRNA vaccines and therapeutics market share in 2024, while self-amplifying mRNA is projected to advance at a 17.45% CAGR through 2030.  
  • By therapeutic area, infectious diseases accounted for 50.45% of the mRNA vaccines and therapeutics market size in 2024, whereas oncology is poised for the fastest growth at 17.56% CAGR to 2030.  
  • By delivery system, lipid nanoparticles held 68.34% revenue share in 2024; viral vectors exhibit the highest forecast CAGR at 17.23% between 2025 and 2030.  
  • By distribution channel, public procurement captured 69.91% of 2024 revenue, while the private channel is set to expand at a 17.65% CAGR through 2030.  
  • By geography, North America commanded 42.34% share in 2024; Asia-Pacific is projected to grow fastest at a 17.89% CAGR over the same period.

Segment Analysis

By mRNA Construct Type: Next-Generation Platforms Drive Innovation

The mRNA vaccines and therapeutics market size for construct types remains dominated by conventional non-replicating formats. This lineage retained 65.65% share in 2024 because existing facilities, regulatory precedents, and validated analytical assays minimize scale-up friction. Demand continues in RSV and influenza boosters, preserving baseline revenue even as competitive pressure mounts. Self-amplifying mRNA is accelerating at 17.45% CAGR between 2025 and 2030 owing to its lower dose requirement and improved antigen persistence, which collectively lower per-patient treatment cost. Japan’s approval of ARCT-154 created a regulatory template that other jurisdictions are now studying, reducing the perceived development risk for startups.

Second-generation circular RNA is gathering momentum despite limited commercial exposure. Sail Biomedicines synthesized 8,000-nucleotide constructs at bench scale, demonstrating technical feasibility for large therapeutic payloads. Industry observers expect circular modalities to supplant linear templates within a decade because they resist exonuclease degradation and therefore prolong protein expression windows. Parallel academic research at Nagoya University presents disease-cell-selective translation initiation, hinting at oncology applications with minimal off-target toxicity. Collectively, these innovations diversify the mRNA vaccines and therapeutics market and attract platform licensing deals from companies that lack internal RNA chemistry expertise.

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Note: Segment shares of all individual segments available upon report purchase

By Therapeutic Area: Oncology Acceleration Reshapes Market Dynamics

Infectious diseases remained the primary revenue pillar, securing 50.45% of 2024 turnover as COVID-19 boosters, RSV shots, and pediatric combination vaccines filled public-sector procurement pipelines. Beyond respiratory viruses, norovirus and cytomegalovirus programs are progressing toward late-stage trials, reinforcing the volume outlook. Yet oncology is registering the fastest expansion at 17.56% CAGR, catalyzed by the milestone 49% reduction in melanoma recurrence achieved by mRNA-4157 plus pembrolizumab. FDA Breakthrough Therapy Designation for that regimen accelerated trial enrollment in lung and bladder cancers, broadening addressable patient pools.

The oncology wave is also geo-diversifying. Likang Life Sciences received FDA IND clearance for a personalized neoantigen vaccine manufactured at one-tenth the cost of comparable Western protocols. Chinese hospitals are piloting these regimens under private payment models, signaling payer flexibility when efficacy endpoints are compelling. Autoimmune research is following a similar trajectory; Cartesian Therapeutics’ Descartes-08 reached Phase 3 in myasthenia gravis, and OSE Immunotherapeutics is advancing IL-35 tolerizing constructs for autoimmune hepatitis. Each success story builds confidence that the mRNA vaccines and therapeutics market can sustain growth outside its infectious-disease origins.

By Delivery System: Advanced Targeting Technologies Emerge

Lipid nanoparticles commanded 68.34% share in 2024 because existing approval dossiers and established raw-material supply chains simplify regulatory filings. Formulation scientists are optimizing ionizable lipid pKa values to bias distribution toward lymph-node resident dendritic cells, thereby enhancing vaccine potency. Blood-brain barrier-penetrating LNPs have achieved 12-fold higher central nervous system transfection compared with first-generation materials, opening neurology indications. Viral vectors, despite historical safety concerns, now exhibit 17.23% CAGR through engineered capsids that evade preexisting immunity and deliver mRNA cargo efficiently to solid tumors.

Concurrently, polymeric nanoparticles and “naked” mRNA delivered via needle-free jet devices are gaining research traction for chronic indications. Early data reveal comparable antigen expression with reduced systemic reactogenicity, an attribute valuable for repeat dosing schedules envisioned in oncology maintenance therapies. Continuous-flow microfluidics is further standardizing particle size and encapsulation efficiency at scale, lowering batch-failure risk. These advances sustain competitive differentiation, ensuring sustained capital inflows into delivery technologies within the broader mRNA vaccines and therapeutics market.

MRNA Vaccines And Therapeutics Market: Market Share by Delivery System
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Note: Segment shares of all individual segments available upon report purchase

By Distribution Channel: Private Sector Growth Accelerates

Public channels captured 69.91% of 2024 revenue because national immunization programs bulk-procure pandemic stockpiles and seasonal boosters. The United States’ Vaccines for Children program now covers mRNA influenza shots, further entrenching public volume dominance. However, the private segment is projected to grow at 17.65% CAGR as personalized cancer vaccines and rare-disease therapeutics require specialist infusion centers outside public infrastructure. Oncology networks such as Memorial Sloan Kettering are integrating point-of-care sequencing with rapid mRNA synthesis to deliver individualized vaccines within six weeks of tumor biopsy, a workflow that aligns poorly with public tender cycles.

Asia-Pacific private insurers are beginning to reimburse mRNA vaccines against endemic diseases like dengue, particularly in Singapore and Malaysia where out-of-pocket expenditure is high. Meanwhile, Chinese private clinics market personalized neoantigen cocktails at pricing that undercuts Western equivalents by 99%, reshaping competitive pricing benchmarks. These developments suggest that the mRNA vaccines and therapeutics market will see channel diversification that mirrors the precision-medicine shift evident in other biologics segments.

Geography Analysis

North America held 42.34% of global revenue in 2024, anchored by robust federal funding, dense contract-manufacturing networks, and a regulatory environment that first validated mRNA technology. BARDA’s influenza contract and Blackstone’s multibillion-dollar R&D support underscore institutional confidence, while OpenAI collaborations hint at accelerated in-silico antigen design timelines. Ongoing investment in modular plants across Texas and Massachusetts keeps capacity flexible for both pandemic surges and therapeutic rollouts, sustaining the regional leadership position.

Asia-Pacific is expected to register a 17.89% CAGR from 2025 to 2030, the fastest across all regions. Regulatory agility is a key driver; Japan approved the first self-amplifying mRNA vaccine, and Singapore has issued guidance that treats circular RNA as an incremental modification rather than a brand-new modality, shortening review cycles. Governments are also funding domestic supply chains—Australia’s RNA Blueprint forecasts an AUD 8 billion GDP contribution, and South Korea’s GC Biopharma is co-developing autoimmune candidates with Immetas. Cost-innovation dynamics are particularly acute in China, where localized manufacturing is delivering individualized cancer vaccines at prices 99% below Western benchmarks, effectively expanding patient access and challenging incumbent pricing strategies across the mRNA vaccines and therapeutics market.

Europe maintains steady mid-teens growth, supported by strategic industrial policy. BioNTech committed GBP 1 billion for two UK R&D hubs specializing in genomics and regenerative medicine, a project subsidized by GBP 129 million in government grants. CEPI’s USD 145 million facility in Rwanda, although located in Africa, employs European process technology and quality-management protocols, extending the continent’s influence. Meanwhile, Latin America is leveraging PAHO’s capacity-building program, which equips plants in Argentina and Brazil with modular cleanrooms and knowledge transfer packages provided by Canadian funding. These initiatives collectively diffuse manufacturing know-how and reduce single-region supply dependence, boosting resilience across the mRNA vaccines and therapeutics market.

MRNA Vaccines And Therapeutics Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Dominance by Moderna and Pfizer/BioNTech persists, yet recent PTAB invalidations of key Moderna claims have eroded patent fortifications, inviting fresh competition. GSK’s entry into litigation through Novartis-originated patents signals incumbent ambition to capture share. Market strategies have shifted from single-asset development to platform monetization, exemplified by Moderna’s plan to launch ten products by 2027 across respiratory, oncology, and rare-disease segments. Merck’s co-development deal on mRNA-4157 affirms the value of combination immuno-oncology approaches.

Emerging players are filling technology gaps. Exsilio Biotech focuses on bespoke genetic-medicine payloads using proprietary circular mRNA backbones. Sail Biomedicines and Radar Therapeutics are engineering structure-based design algorithms that marry AI with high-throughput screening to shorten construct iteration cycles. Outsourcing specialists such as Vernal Biosciences offer GMP-grade plasmid and mRNA cartridges, easing entry barriers for virtual biotech firms and academic spinouts. Delivery-system differentiation is another battleground; companies developing blood-brain barrier-crossing LNPs or synthetic ssRNA+ virus vectors gain privileged access to central nervous system or solid-tumor indications not readily achievable with first-generation particles.

Cost leadership is emerging as a decisive competitive variable, especially in oncology where treatment courses can exceed USD 100,000 in Western markets. Chinese manufacturers achieve 99% cost reductions by integrating continuous manufacturing with local raw-material sourcing, compelling incumbents to revisit their pricing models. Continuous manufacturing and AI-driven optimization therefore play dual roles—improving margins for established players and offering disruptive entry points for new challengers—reshaping the medium-term trajectory of the mRNA vaccines and therapeutics market.

MRNA Vaccines And Therapeutics Industry Leaders

  1. Pfizer Inc.

  2. Moderna, Inc.

  3. BioNTech SE

  4. GlaxoSmithKline

  5. Daiichi Sankyo 

  6. *Disclaimer: Major Players sorted in no particular order
MRNA Vaccines And Therapeutics Market
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Recent Industry Developments

  • June 2025: Moderna receives FDA approval for RSV vaccine mRESVIA in adults aged 18-59 at increased risk, expanding the product’s indicated demographic.
  • May 2025: BioNTech announces GBP 1 billion UK investment over ten years, backed by a GBP 129 million government grant, to establish two R&D centers in Cambridge and London focusing on genomics, oncology, and regenerative medicine.
  • May 2025: Moderna secures FDA approval for next-generation COVID-19 vaccine mNEXSPIKE, reinforcing pandemic-preparedness inventories.
  • October 2024: Merck and Moderna initiate a Phase 3 trial of mRNA-4157 in non-small-cell lung cancer, broadening personalized cancer-vaccine applications.

Table of Contents for MRNA Vaccines And Therapeutics Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Pandemic-Preparedness Demand Surge
    • 4.2.2 Rising Chronic & Infectious Disease Burden
    • 4.2.3 Government & Venture R&D Funding Escalation
    • 4.2.4 Commercial Proof-Of-Concept Post-COVID-19
    • 4.2.5 Modular Closed-System mRNA Manufacturing Roll-Out
    • 4.2.6 Advancements in Self-Amplifying/Circular mRNA
  • 4.3 Market Restraints
    • 4.3.1 Cold-Chain & Stringent Regulatory Compliance
    • 4.3.2 Elevated Production Cost & Scale-Up Complexity
    • 4.3.3 LNP Excipient Supply Bottlenecks & Patent Thickets
    • 4.3.4 Vaccine-Hesitancy & Misinformation Headwinds
  • 4.4 Regulatory Landscape
  • 4.5 Porters Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By mRNA Construct Type
    • 5.1.1 Conventional non-replicating mRNA
    • 5.1.2 Self-amplifying mRNA
    • 5.1.3 Circular mRNA
    • 5.1.4 Others
  • 5.2 By Therapeutic Area
    • 5.2.1 Infectious Diseases
    • 5.2.2 Oncology
    • 5.2.3 Autoimmune Disorders
    • 5.2.4 Others
  • 5.3 By Delivery System
    • 5.3.1 Lipid Nanoparticles (LNP)
    • 5.3.2 Polymer-based Nanocarriers
    • 5.3.3 Cationic Nano-emulsions
    • 5.3.4 Viral Vectors
    • 5.3.5 Others
  • 5.4 By Distribution Channel
    • 5.4.1 Public
    • 5.4.2 Private
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East and Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Pfizer Inc.
    • 6.3.2 Moderna Inc.
    • 6.3.3 BioNTech SE
    • 6.3.4 CureVac SE
    • 6.3.5 Arcturus Therapeutics
    • 6.3.6 GSK plc
    • 6.3.7 Sanofi
    • 6.3.8 Daiichi Sankyo
    • 6.3.9 AstraZeneca
    • 6.3.10 CSL Seqirus
    • 6.3.11 Chugai Pharmaceutical
    • 6.3.12 Gennova Biopharmaceuticals
    • 6.3.13 eTheRNA Immunotherapies
    • 6.3.14 Orbital Therapeutics
    • 6.3.15 SAB Biotherapeutics
    • 6.3.16 Strand Therapeutics
    • 6.3.17 GreenLight Biosciences
    • 6.3.18 Providence Therapeutics
    • 6.3.19 CanSino Biologics
    • 6.3.20 Walvax Biotechnology

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Global MRNA Vaccines And Therapeutics Market Report Scope

As per the scope of the report, mRNA vaccines and therapeutics enable the combination of the desirable immunological properties. These are prepared in laboratories using mammalian cells and are injected into the body of the target to trigger virus-detecting immune sensors and produce viral antigen proteins within the cells. This enhances the body's immune system by improving B- and T-cell responses.

The mRNA vaccines and therapeutics market is segmented by vaccine type (self-amplifying mRNA-based vaccines and conventional non-amplifying mRNA-based vaccines), application (cancer, infectious diseases, autoimmune diseases, and other applications), treatment type (monoclonal antibody, gene therapy, cell therapy, and other treatment types), end user (research laboratories and organizations, hospitals and clinics, and other end users), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.

By mRNA Construct Type Conventional non-replicating mRNA
Self-amplifying mRNA
Circular mRNA
Others
By Therapeutic Area Infectious Diseases
Oncology
Autoimmune Disorders
Others
By Delivery System Lipid Nanoparticles (LNP)
Polymer-based Nanocarriers
Cationic Nano-emulsions
Viral Vectors
Others
By Distribution Channel Public
Private
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By mRNA Construct Type
Conventional non-replicating mRNA
Self-amplifying mRNA
Circular mRNA
Others
By Therapeutic Area
Infectious Diseases
Oncology
Autoimmune Disorders
Others
By Delivery System
Lipid Nanoparticles (LNP)
Polymer-based Nanocarriers
Cationic Nano-emulsions
Viral Vectors
Others
By Distribution Channel
Public
Private
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the current value of the mRNA vaccines and therapeutics market?

The mRNA vaccines and therapeutics market size reached USD 63.89 billion in 2025 and is forecast to grow to USD 138.88 billion by 2030.

Which construct type is growing fastest?

Self-amplifying mRNA leads growth with a projected 17.45% CAGR through 2030, thanks to its lower dose requirement and robust immune response profile.

Why is oncology attracting so much attention in mRNA pipelines?

Breakthrough results such as the 49% reduction in melanoma recurrence from mRNA-4157 plus pembrolizumab have validated the modality, lifting oncology to a 17.56% CAGR.

How are manufacturing innovations influencing market expansion?

Modular closed-system and continuous-flow plants cut validation timelines and reduce batch costs, enabling more countries to build local production and supporting global market growth.

Which region will grow fastest over the next five years?

Asia-Pacific is expected to expand at a 17.89% CAGR owing to supportive regulation, state funding, and cost-efficient manufacturing models.

What are the main barriers facing new entrants?

The most significant hurdles are cold-chain logistics, complex regulatory compliance, and ongoing lipid-nanoparticle patent disputes that can delay freedom-to-operate decisions.

Page last updated on: July 1, 2025