What is mRNA Treatment?
mRNA vaccines market has followed a fast pace growth due to global epidemic of SARS Covid-19; mRNA-based treatments have emerged as a safe and potent approach for the induction of cellular immune response. The Superiority of mRNA in treating serious diseases including is highlighted as DNA and Viral Vector based treatment methods have serious health implications besides from acting as a cure. mRNA vaccines are proven most effective against Cancer, Infections, and Respiratory diseases. Recent developments have led to advanced mRNA vaccines that enable its applicational use. Although preclinical studies have shown that mRNA vaccines can induce antitumor immunity, there are several roadblocks to their widespread use. Many regions are now highly invested in R&D to mitigate the limitations associated to mRNA treatments, this derives a market growth opportunity in the coming years and the post-Covid situation.
The market study is broken down by Type (Individualized Cancer Treatment, Infection Prevention, Standardization of Cancer Treatment and Infectious Disease Treatment), by Application (Infectious Disease, Cancer, Tumors, Respiratory Diseases and Other) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth Analysts at AMA Research estimates that Players from United States and German will contribute to the maximum growth of Global mRNA Treatment market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Serum Institute (India), Pfizer (United States), GlaxoSmithKline PLC (United Kingdom), Arcturus Therapeutics Inc. (United States), Ethris GmbH (Germany), Moderna Therapeutics Inc. (United States), Translate Bio Inc. (United States), BioNTech SE (Germany), CureVac AG (Germany) and Argos Therapeutics Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Etherna (Belgium), Sangamo Therapeutics Inc. (United States) and Merck & Co. (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global mRNA Treatment market by Type, Application and Region.
On the basis of geography, the market of mRNA Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Hospitals will boost the mRNA Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 9th April, 2020 – Pfizer along with BioNTech Announce Joint Collaboration to Develop Coid-29 Vaccine. The Collaboration Combines BioNTech’s Proprietary BNT162b2 mRNA Vaccine Platforms with Pfizers Strong Research & Development, Regulatory Capabilities Together and On 7th January, 2021 - Merck & Co Completed Its Acquisition of AmpTec to Expand mRNA Capabilities for Vaccines, Treatments and Diagnostics. This Acquisition Adds to Merck's Lipid Manufacturing Expertise, Providing an Integrated Offering Across mRNA Value Chain Globally
On 24th November, 2020 – Sreum Institute launches its First mRNA Based Covid-19 Vaccine named “Covishield” and On 11th March, 2021 – Moderna Begins Phase 2 of its Booster Covid-19 Vaccine Trials, The Phase 2 Trial Amendment Has Enrolled 60 Participants Who Have Already Received Moderna’s Original mRNA-1273 Vaccine
United States, Food and Drug Administration “vaccines and Related Biological Products Advisory Committee” mRNA-1273; Provides a Comprehensive List of Procedures Regarding the Usage and Dosage Requirements for mRNA Based Vaccines Across US and European Union, Regulation 536/2014; Relates to Clinical Trials of All the Vaccines and Treatments Based on mRNA Across European Union. Any New Treatment or Vaccine is Required to have a Regulatory Approval from the European Commission
Market Trend
- Technical Progress in Medical Industry
- Heavy Investments in Research & Development
Market Drivers
- Prevalence of Cancer & Severe Acute Respiratory Syndrome (SARS) Cases
- Emergence of Advance and Effective Techniques
- Safe and Superior to Plasmid DNA or Viral Vector Treatment
Opportunities
- Growth in Healthcare infrastructure Due to Pandemic
- Regulations in Promoting use of mRNA in Treatment
Restraints
Challenges
Key Target Audience
Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.