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mRNA Vaccines Market: Rise in Prevalence of Cancer, Genetic Disorders, and Viral Infections to Drive the Market

March 11th, 2021 Transparency Market Research Releases

mRNA Vaccines: Introduction

  • Vaccine is nothing but a biological preparation that provides active acquired immunity to a particular disease. They stimulate the body’s immune system to recognize the disease-causing microorganism as a threat and destroy it. Its administration is known as vaccination, the most effective method of preventing infectious diseases.

Read Report Overview – https://www.transparencymarketresearch.com/mrna-vaccines-market.html

  • mRNA vaccines and therapies are used for prevention and treatment of serious health conditions such as cancer, infectious diseases such as acquired immunodeficiency syndrome (AIDS) and respiratory diseases
  • mRNA vaccines have ability to mimic natural viral infections by entering cells and are used to produce viral antigen proteins from within the cell
  • Multiple mRNAs that are encoded for various viral proteins can be used as a single vaccine, thereby helping production of complex multimeric antigens

Request Brochure of Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=77185

Key Drivers and Restraints of Global mRNA Vaccines Market

  • Rise in prevalence of cancer, genetic disorders, and viral infections; and increase in awareness about vaccination drive the global mRNA vaccines market
  • Outbreak of COVID-19 and rise in number of prominent market players conducting clinical trials for vaccine development are projected to drive the global market during the forecast period

Cancer Segment to Account for Major Share of Global mRNA Vaccines Market

  • In terms of indication, the global mRNA vaccines market can be classified into cancer, HIV AIDS, respiratory diseases, and others
  • The cancer segment is anticipated to dominate the global market during the forecast period, due to significant demand for mRNA vaccines for cancer and strengthening product pipeline
  • According to the National Cancer Institute (NCI), cancer is among the leading causes of death worldwide and the number of new cases per year is expected to rise to 23.6 million by 2030
  • According to the World Health Organization (WHO) currently, 10,000 of human diseases are known to be monogenic, caused by modifications in a single gene in human DNA. The global prevalence of all single gene diseases at birth is approximately 10/1000.

Request for Analysis of COVID-19 Impact on mRNA Vaccines Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=77185

Hospitals & Clinics to Account for Major Share of Global mRNA Vaccines Market

  • Based on end-user, the global mRNA vaccines market can be categorized into hospitals & clinics, ambulatory surgical centers, research institutes, and others
  • The hospitals & clinics segment is likely to account for major share of the global mRNA vaccines market by 2027, owing to increase in number of patients with respiratory diseases, cancer, and infectious diseases

North America to Dominate Global mRNA Vaccines Market

  • In terms of region, the global mRNA vaccines market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global mRNA vaccines market during the forecast period.
  • Increase in demand for mRNA vaccines for COVID-19, presence of prominent players operating in the U.S., and exponential rise in number of COVID-19 cases in the U.S. are anticipated to drive the market in North America

Pre Book mRNA Vaccines Market Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=77185&ltype=S

Key Players Operating in Global mRNA Vaccines Market

The global mRNA vaccines market is highly fragmented, with a large number of domestic players accounting for major market share. Key players operating in the global mRNA vaccines market include:

  • Argos Therapeutics, Inc.
  • BioNTech AG
  • CureVac AG
  • eTheRNA Immunotherapies
  • ethris GmbH
  • incellart
  • Moderna, Inc.
  • Sangamo Therapeutics, Inc.
  • Tiba Biotech
  • Translate Bio, Inc.

About Us

Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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