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RNA Therapeutics and Vaccines Market to Rise at 87% CAGR till 2034

RNA Therapeutics and Vaccines Market Set for Transformative Growth

Market insights predict, the RNA therapeutics and vaccines industry is expected to grow from USD 0.21 billion in 2024 to USD 107.7 billion by 2034, driven by a CAGR of 87%. The RNA therapeutics and vaccines market is growing as it is an innovative and rapidly emerging field at the forefront of medical research and biotechnology. North America is dominant in the market due to growing research infrastructure and supportive regulatory environments.

Category: Therapeutic Area Insight Code: 6375 Format: PDF / PPT / Excel

The global RNA therapeutics and vaccines market size is estimated at US$ 0.21 billion in 2024, is projected to grow to US$ 0.38 billion in 2025, and is expected to reach around US$ 107.7 billion by 2034. The market is projected to expand at a CAGR of 87% between 2025 and 2034.

RNA Therapeutics and Vaccines Market Size 2024 to 2034

The RNA therapeutics and vaccines market is growing because of increasing R and D in genetic, infectious, and oncology diseases. Improvement in delivery technology and advanced intellectual characteristics. North America is dominant in the market due to a strong R&D infrastructure and innovation ecosystem, while the Asia Pacific is fastest fastest-growing market due to a supportive regulatory environment and high-level funding.

Key Takeaways

  • RNA therapeutics and vaccines market to crossed USD 0.21 billion by 2024.
  • Market projected at USD 107.7 billion by 2034.
  • CAGR of 87% expected in between 2025 to 2034.
  • By region, North America was dominant in the RNA therapeutics and vaccines market, with approximately 42% share.
  • By region, Asia Pacific is the fastest-growing over the forecast period, 2025 to 2034.
  • By modality type, the mRNA vaccines & therapeutics segment was dominant in the market revenue in 2024, with approximately 38% share.
  • By modality type, the self-amplifying RNA (saRNA) & replicons segment is expected to be the fastest-growing over the forecast period, 2025 to 2034.
  • By therapeutic area/indication, the infectious diseases & vaccines segment dominated the RNA therapeutics and vaccines market revenue in 2024, with approximately 36% share.
  • By therapeutic area/indication, the rare and genetic diseases segment is expected to be the fastest-growing over the forecast period, 2025 to 2034.
  • By product/offering type, the finished drug products segment was dominant in the market in 2024, with approximately 40% share.
  • By product/offering type, the CDMO & contract development services segment is expected to register the fastest growth over the forecast period, 2025 to 2034.
  • By delivery and enabling technology, the lipid nanoparticles (LNPs) & ionizable lipids segment was dominant in the market in 2024, with approximately 34% share.
  • By delivery and enabling technology, the novel lipid chemistries segment is expected to register the fastest growth over the forecast period, 2025 to 2034.
  • By end user, the large pharmaceutical & biotechnology companies segment was dominant in the RNA therapeutics and vaccines market in 2024, with approximately 45% share.
  • By end user, the CDMOs/contract manufacturers segment is expected to register the fastest growth over the forecast period, 2025 to 2034.

Quick Facts Table

Table Scope
Market Size in 2025 USD 0.38 Billion
Projected Market Size in 2034 USD 107.7 Billion
CAGR (2025 - 2034) 87%
Leading Region North America by 42%
Market Segmentation By Modality / Product Type, By Therapeutic Area / Indication, By Product / Offering Type, By Delivery & Enabling Technology, By End User, By Region
Top Key Players Moderna, Inc., BioNTech SE, Pfizer Inc., Sanofi (including Translate Bio), CureVac N.V., Alnylam Pharmaceuticals, Inc., Ionis Pharmaceuticals, Inc., Sarepta Therapeutics, Inc., Arrowhead Pharmaceuticals, Inc., Beam Therapeutics Inc., Intellia Therapeutics, Inc., Editas Medicine, Inc., Lonza Group Ltd., Catalent, Inc., Acuitas Therapeutics, Inc., Precision NanoSystems, Inc., Thermo Fisher Scientific, Inc., Merck KGaA (MilliporeSigma), Arcturus Therapeutics Holdings Inc., Gritstone Bio, Inc.

What are RNA therapeutics and vaccines?

The RNA therapeutics and vaccines market includes the discovery, development, manufacture, and commercialization of therapeutic and prophylactic products that utilize RNA as their primary active component. This encompasses mRNA vaccines and therapeutics, small interfering RNA (siRNA), antisense oligonucleotides (ASOs), self-amplifying RNA (saRNA), microRNA-based therapies, RNA aptamers, and RNA-based gene-editing tools.

The RNA therapeutics and vaccines market also comprises RNA delivery systems (like lipid nanoparticles or LNPs), GMP-grade reagents, oligonucleotide synthesis platforms, and contract manufacturing services (CDMOs). Growth is driven by the proven success of COVID-19 mRNA vaccines, expansion into oncology and rare genetic diseases, advancements in RNA delivery chemistry, and rising manufacturing scalability globally.

RNA Therapeutics and Vaccines Market Outlook

  • Industry Growth Overview: Between 2025 and 2030, the market is expected to grow, driven by technological advancements and the successful deployment of mRNA vaccines. Increasing partnerships and collaborations among market players and technology manufacturers are hastening the advancement and commercialization of novel products.
  • Sustainability Trends: The major sustainability trends focus on improving manufacturing efficiency, reducing the environmental impact of cold chain logistics, and developing next-generation delivery systems with lower toxicity.
  • Major Investors: Major institutional investors in companies involved in RNA therapeutics and vaccines comprise BlackRock, Inc., Vanguard Group, Baillie Gifford & Co., Primecap Management Co., and Fidelity Investments.

What is the role of AI in RNA therapeutics and Vaccines market?

The integration of artificial intelligence into RNA therapeutics and vaccines is driving market growth, as AI-driven technologies are a disruptive force transforming cancer analysis and therapies by interpreting concealed signatures in RNA biomarker data. This technology, particularly machine learning and deep learning, has revolutionized the analysis of complex biological data, enabling the identification of nuanced yet healthcare-significant RNA expression patterns that predictive statistical techniques fail to capture.

By leveraging AI-driven technology, scientists analyze large-scale transcriptomic databases to identify novel RNA biomarkers, predict disease progression, and improve treatment strategies. AI-driven technique enhances the identification of RNA biomarkers from liquid biopsies, providing a non-invasive and tremendously sensitive process for early screening of diseases.

Segmental Insights

Why the mRNA Vaccines & Therapeutics Segment Dominated the Market?

By modality/product type, the mRNA vaccines & therapeutics segment led the RNA therapeutics and vaccines market with approximately 38% share, as mRNA vaccines offered more advantages than traditional vaccines, with the ease of their production, simple scalability, and rapid development. Like other vaccines, mRNA vaccine drug products also undergo three steps in their production, which are upstream production, downstream purification, and lastly formulation of the mRNA drug products. mRNA vaccines generate a higher immune response than DNA vaccines, as they must go through an added step of penetrating the cell nucleus to be efficient.

On the other hand, the self-amplifying RNA (saRNA) & replicons segment is projected to experience the fastest CAGR from 2025 to 2034, as self-amplifying RNA (saRNA) technology is an evolving platform for vaccine manufacturing, providing important advantages over conventional mRNA vaccines. It is an artificial nucleic acid engineered to replicate in cells without generating viral particles. saRNA delivers a hopeful substitute to predictable mRNA vaccines, improving antigen expression while needing lower doses.

Why the Infectious Diseases & Vaccines Segment Dominated the Market?

By therapeutic area/indication, the infectious diseases & vaccines segment is dominant in the RNA therapeutics and vaccines market in 2024, with approximately 36% share, as RNA-based molecules to modulate biological pathways to cure a specific antibody, can be used as effective vaccines in inhibition and management of numerous human and animal infectious health condition, like Zika virus, influenza virus, SARS-CoV-2, human immunodeficiency virus, and respiratory syncytial virus. mRNA vaccines train the immune system to identify and attack cancer cells, providing a targeted strategy to cancer immunotherapy.

The rare and genetic diseases segment is expected to experience the fastest growth from 2025 to 2034, as RNA therapeutics are significant devices for the treatment of many severe diseases, particularly genetically mutated diseases such as cancer and metabolic disorders. RNA vaccines provide advantages in efficacy, safety, affordability, speed, and simplicity of manufacturing. RNA therapy has significant capability to induce an immune response, which has been harnessed for vaccine manufacturing. It was investigated for cancer, genetic disorders, and immunotherapy.

Why is the Finished Drug Products Segment Dominant in the Market?

By product/offering type, the finished drug products segment led the RNA therapeutics and vaccines market in 2024, with approximately 40% share, as RNA-driven drugs are known to exhibit a broad diversity of advantageous traits, making them standard ingredients for the development of different new therapeutic strategies. RNA therapeutics creates the opportunity for the realization of targeted medicine that is cheaper, safer, to accessible, and easier to manufacture.

The CDMO & contract development services segment is projected to experience the fastest CAGR from 2025 to 2034, as CDMOs service experts experienced in nucleic acid synthesis, modification, and purification. This expertise is significant for navigating the difficulties of RNA progress, such as managing the instability of RNA molecules. CDMOs provide inclusive services, from expansion to large-scale manufacturing. CDMOs rapidly and effectively scale up production from preclinical batches to large-scale manufacturing.

Why is the Lipid Nanoparticles (LNPs) & Ionizable Lipids Segment Dominant in the Market?

By delivery and enabling technology, the lipid nanoparticles (LNPs) & ionizable lipids segment led the RNA therapeutics and vaccines market in 2024, with approximately 34% share, as these helper lipids not only offer mechanical stability of the nanoparticle, which enhances the biodistribution of LNPs and improves the delivery efficiency by encouraging cytosolic entry and intracellular uptake.

The novel lipid chemistries segment is projected to experience the fastest CAGR from 2025 to 2034, as it progresses RNA therapeutics by predominantly enhancing the delivery and effectiveness of RNA molecules in the body. Novel lipids are a significant component of lipid nanoparticles (LNPs), which act as non-viral delivery vectors for RNA medicine by protecting them from degradation and allowing their access into cells.

Why is the Large Pharmaceutical & Biotechnology Companies Segment Dominant in the Market?

By end user, the arge pharmaceutical & biotechnology companies segment led the RNA therapeutics and vaccines market in 2024 with approximately 48% share, as pharma and biotech to capitalizing on RNA therapeutics to expedite R&D worldwide. These drugs are affordability, relatively simple to manufacture, and target previously undruggable ways. It rapidly develops novel and targeted RNA theories.

The CDMOs/contract manufacturers segment is projected to experience the fastest CAGR from 2025 to 2034, as CDMOs providing include the complete RNA therapeutic advancement chain from plasmid manufacturing and mRNA synthesis to LNP encapsulation and aseptic filling.  CDMO collaborating with integrated strength in process development, quality assurance, and government expertise. CDMOs maintain state-of-the-art services and advanced tools needed for RNA synthesis.

Why is North America dominant in the RNA Therapeutics and Vaccines Market?

RNA Therapeutics and Vaccines Market Share, By Region, 2024 (%)

North America is dominant in the RNA therapeutics and vaccines market share by 42% in 2024, due to this region is a hub of a high concentration of leading medical and biotechnology organizations, research institutions, and academic centers. Increasing investment from both public and private sectors in biotechnology research. Strong presence of supportive regulatory framework, for instance, as of April 2024, at least 21 RNA-based therapies have been approved by the FDA, including ten ASOs, six siRNAs, and five mRNA-based vaccines, which contributes to the growth of the market.

U.S. RNA Therapeutics and Vaccines Market Analysis

In the U.S., a vigorous startup environment, maintained by a booming venture capital sector, permits early-stage organizations such as Moderna to develop new technologies. The presence of world-class academic institutions conducting advanced genomic research and hosting dedicated centers for RNA science, like the University of Rochester Center for RNA Biology and Therapeutics.

For instance,

  • In August 2025, the US Department of Health and Human Services (HHS) plans to cancel $500m (£376m) in funding for mRNA vaccines being developed to counter viruses that cause diseases such as the flu and Covid-19.

Why is Asia Pacific the fastest-growing region in the RNA Therapeutics and Vaccines Market?

Asia Pacific is the fastest-growing region in the RNA therapeutics and vaccines market in the forecast period, as Governments in this region are massively funding the biotechnology and pharmaceutical sectors. Also strong presence of intended platforms such as Singapore's Nucleic Acid Therapeutics Initiative (NATi), maintained by the Agency for Science, Technology and Research, which drives the growth of the market.

China RNA Therapeutics and Vaccines Market Analysis

The Chinese government is predominantly growing funding for biotechnology and pharmaceutical innovation, with billions of dollars owed to mRNA research. China has quickly expanded its research infrastructure to become a home for RNA therapy innovation. Chinese scientists are expanding the application of RNA technology to various areas, including chronic conditions and oncology. Growing medical care policy, for instance, in July 2025, China’s NMPA and NHSA unveiled the Measures to Support High-Quality Development of Innovative Drugs, a game-changer for the biopharma industry! This policy streamlines R&D, market access, clinical trials, and reimbursement to fast-track novel drug development.

Why is Europe a notably growing region in the RNA Therapeutics and Vaccines Market?

Europe is a notably growing region in the market due to this region has a strong presence of academic foundation in the life sciences, with widespread expertise in gene editing and genomics research. A supportive government and economic environment has enhanced development and clinical trials for RNA therapies in Europe, for instance, in May 2025, Ethris GmbH, a clinical-stage biotechnology company pioneering next-generation RNA therapeutics and vaccines, announced that it was awarded a €10 million grant from EU4Health, the EU’s largest health programme committed to a healthier European Union.

Germany RNA Therapeutics and Vaccines Market Analysis

Germany claims a modern biotech sector with advanced research infrastructure and a dedicated biopharmaceutical novelty and targeted medicine. This translates into massive spending in RNA research and development. The German government has actively supported the biotechnology field with investment programs, initiatives, and grants goal of hastening research, development, and manufacturing capacity, particularly for vaccines and RNA-driven therapeutics.

In October 2025, the European Investment Bank (EIB) and the European Commission (EC) are teaming up with BioNTech to help advance a messenger RNA (mRNA) vaccine manufacturing facility in Kigali, Rwanda. To support this project, BioNTech has been awarded a blended financing option of up to €95 million: a €35 million Commission grant, and the possibility to take out a loan of up to €60 million from the EIB.

RNA Therapeutics and Vaccines Market– Value Chain Analysis

R&D

The research and development (R&D) processes for RNA therapeutics and vaccines significantly include fundamental research into RNA biology and design, from production, clinical trials, and commercialization.

Key Players: Alnylam Pharmaceuticals and Ionis Pharmaceuticals

Clinical Trials

Clinical trial process for RNA therapeutics and vaccines is an extremely structured and regulated pathway that shifted from initial laboratory research to large-scale human testing and post-market monitoring.

Key Players: Pfizer Inc. and CureVac

Patient Services

Major companies often provide programs to support patients with the high expenses associated with these modern therapies. Organizations connect patients and families dealing with rare or genetic conditions, such as those that are targets for RNA therapies.

Key Players: Moderna and BioNTech

Top Vendors and their Offering

  • TransCode Therapeutics: In October 2025, TransCode Therapeutics, Inc. announced that it entered into a definitive agreement to acquire Polynoma LLC, a privately held biotechnology immuno-oncology company. Polynoma is developing a late-stage candidate, seviprotimut-L, a novel polyvalent shed antigen vaccine for the adjuvant treatment of stage IIB and IIC melanoma.
  • Evonik: In September 2025, Evonik, a global specialty chemicals company, and Ethris, a clinical-stage biotechnology company pioneering next-generation RNA therapeutics and vaccines, entered into a strategic collaboration to develop and market a novel lipid nanoparticle platform for nucleic acid delivery. Through this collaboration, Evonik will expand its offering of formulation development services to customers with Ethris’ proprietary lipidoid nanoparticle technology platform.
  • Moderna: In June 2025, Moderna and Inserm announced a strategic partnership under Moderna’s mRNA Access program to advance vaccine research. The first collaborative program between the two entities will be led by the Vaccine Research Institute. It will combine Moderna’s mRNA technologies with those developed by the VRI to design new vaccine strategies against SARS-CoV-2 and HIV.

Top Companies in the RNA Therapeutics and Vaccines Market

  • Moderna, Inc.
  • BioNTech SE
  • Pfizer Inc.
  • Sanofi (including Translate Bio)
  • CureVac N.V.
  • Alnylam Pharmaceuticals, Inc.
  • Ionis Pharmaceuticals, Inc.
  • Sarepta Therapeutics, Inc.
  • Arrowhead Pharmaceuticals, Inc.
  • Beam Therapeutics Inc.
  • Intellia Therapeutics, Inc.
  • Editas Medicine, Inc.
  • Lonza Group Ltd.
  • Catalent, Inc.
  • Acuitas Therapeutics, Inc.
  • Precision NanoSystems, Inc.
  • Thermo Fisher Scientific, Inc.
  • Merck KGaA (MilliporeSigma)
  • Arcturus Therapeutics Holdings Inc.
  • Gritstone Bio, Inc.

Recent Developments in the RNA Therapeutics and Vaccines Market

  • In August 2025, Pfizer Inc. and BioNTech SE announced the U.S. Food and Drug Administration (FDA) approved the supplemental Biologics License Application (sBLA) for the companies’ LP.8.1-adapted monovalent COVID-19 vaccine for use in adults ages 65 years and older, as well as in individuals ages 5 through 64 years with at least one underlying condition that puts them at high risk for severe outcomes from COVID-19.
  • In June 2025, BioNTech SE and CureVac N.V. announced that they had entered into a definitive Purchase Agreement pursuant to which BioNTech intends to acquire all of the shares of CureVac, a clinical-stage biotech company developing a novel class of transformative medicines in oncology and infectious diseases based on messenger ribonucleic acid.
  • In July 2025, Sanofi announces it has agreed to acquire Vicebio Ltd, a privately held biotechnology company headquartered in London, UK. The acquisition brings an early-stage combination vaccine candidate for respiratory syncytial virus (RSV) and human metapneumovirus (hMPV), both respiratory viruses, and expands the capabilities in vaccine design and development with Vicebio’s ‘Molecular Clamp’ technology.

Segments Covered in the Report

By Modality / Product Type

  • mRNA Vaccines & Therapeutics
  • Small Interfering RNA (siRNA) Therapeutics
  • Antisense Oligonucleotides (ASOs)
  • Self-Amplifying RNA (saRNA) & Replicons
  • RNA Aptamers & Other RNA Modalities
  • RNA-Delivered Gene-Editing Components
  • Delivery Systems & LNP Components

By Therapeutic Area / Indication

  • Infectious Diseases & Vaccines
  • Oncology
  • Rare & Genetic Diseases
  • Cardiometabolic & Liver Diseases
  • Neurological Disorders
  • Other

By Product / Offering Type

  • Finished Drug Products
  • Drug Substance & Formulation
  • Oligonucleotide API / GMP Synthesis
  • CDMO & Contract Development Services
  • Research Reagents & Preclinical Kits
  • Analytical & QC Testing Services 

By Delivery & Enabling Technology

  • Lipid Nanoparticles (LNPs) & Ionizable Lipids
  • Non-LNP Carriers
  • Conjugates
  • Novel Lipid Chemistries
  • Formulation & Lyophilization Technologies
  • Delivery Devices
  • Analytical & Characterization Platforms

By End User

  • Large Pharmaceutical & Biotechnology Companies
  • CDMOs / Contract Manufacturers
  • Academic & Research Institutions
  • Government & Public Health Agencies
  • Specialty Clinics / Hospitals
  • Diagnostics & Companion Test Developers

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Tags

  • Last Updated: 28 October 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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FAQ's

The RNA therapeutics and vaccines market stands at USD 0.38 billion in 2025 and is expected to reach USD 107.7 billion by 2034, growing at a CAGR of 87% from 2024 to 2034.

North America is currently leading the RNA therapeutics and vaccines market share by 42% due to a well-developed oncology infrastructure.

Some key players include Pfizer Inc., Novo Nordisk A-S, F. Hoffmann-La Roche AG, Eli Lilly and Company, Sanofi S.A., and Teva Pharmaceutical Industries Ltd.

Most vaccines contain a weakened or dead bacterium or virus. However, scientists have developed a new type of vaccine that uses a molecule called messenger RNA (mRNA) rather than part of an actual bacterium or virus.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.