What is the projected growth rate (CAGR) of the mRNA Vaccines Market from 2024 to 2031, and what is the market value expected to change by 2031?

mRNA Vaccines and Therapeutics market size reached US$410 Million in 2024 and is expected to reach US$850.90 Million by 2033, growing at a CAGR of 8.5% during the forecast period 2025-2033.

What is the mRNA Vaccines Market?

The mRNA Vaccines Market encompasses the production and development of messenger RNA-based vaccines used to stimulate immune responses against infectious diseases and cancers. Unlike traditional vaccines, mRNA vaccines instruct cells to produce antigens, triggering a targeted immune defense. The market has grown rapidly due to the COVID-19 vaccine success and ongoing research into flu, Zika, rabies, HIV, and oncology applications. Key players are leveraging scalable platforms, improved stability, and global immunization initiatives to expand reach.

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Top Key Companies:

Key players are Azra Al, CureMetrix, Inc., ConcertAI, Immunai, MVision AI Inc., Paige AI, Inc., Mindpeak GmbH, Imagene AI Ltd., Predictive Oncology, and Tempus.

Market Segments:

By Product Type, Prophylactic Vaccines, Therapeutic Vaccines, Therapeutic Drugs, By Application

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