RNA Therapeutics Market is Segmented By Type of Modality (RNA Therapeutics, RNA Vaccines), By Type of Molecule (Replicating RNA (repRNA), Self amplify....
Market Size in USD
CAGR68%
Study Period | 2024-2031 |
Base Year of Estimation | 2023 |
CAGR | 68% |
Market Concentration | Medium |
Major Players | Alphavax, Arcturus Therapeutics, Atyr Pharma, Gritstone Bio, HDT Bio |
The RNA Therapeutics Market is estimated to be valued at USD 2.5 Mn in 2024 and is expected to reach USD 948 Mn by 2031, growing at a compound annual growth rate (CAGR) of 68% from 2024 to 2031.
The RNA therapeutics market is witnessing positive growth trends over the past few years. Factors such as increasing investment in RNA-based drug development, growing focuses on rare diseases and genetic disorders, rising prevalence of infectious diseases and cancer are expected to drive the demand for RNA therapeutics during the forecast period.