Argentina Mrna Therapeutics Market Size & Outlook, 2024-2030
The mrna therapeutics market in Argentina is expected to reach a projected revenue of US$ 323.1 million by 2030. A compound annual growth rate of 14.9% is expected of Argentina mrna therapeutics market from 2024 to 2030.
The Argentina mrna therapeutics market generated a revenue of USD 122.1 million in 2023 and is expected to reach USD 323.1 million by 2030.
The Argentina market is expected to grow at a CAGR of 14.9% from 2024 to 2030.
In terms of segment, infectious diseases was the largest revenue generating application in 2023.
Infectious Diseases is the most lucrative application segment registering the fastest growth during the forecast period.
Mrna therapeutics market data book summary
Market revenue in 2023
USD 122.1 million
Market revenue in 2030
USD 323.1 million
Growth rate
14.9% (CAGR from 2023 to 2030)
Largest segment
Infectious diseases
Fastest growing segment
Infectious Diseases
Historical data
2021 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Infectious Diseases
Key market players worldwide
Moderna Inc, BioNTech SE ADR, CureVac NV Ordinary Shares, Arcturus Therapeutics Holdings Inc, Sanofi SA, GSK PLC, Pfizer Inc, AstraZeneca PLC, Argos Therapeutics, ETHRIS
Other key industry trends
In terms of revenue, Argentina accounted for 1.0% of the global mrna therapeutics market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Latin America, Brazil mrna therapeutics market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in Latin America and is projected to reach USD 612.4 million by 2030.
The mRNA therapeutics market in Argentina is expected to grow due to the rising government initiatives for mRNA technology. Argentina’s market is also favored by the presence of medical research institutes such as the Instituto de Biología y Medicina Experimental and Maiztegui National Human Viral Disease Institute.
For instance, in February 2023, the WHO, the Pan American Health Organization (PAHO), in collaboration with the Ministry of Health of Argentina, Medicines Patent Pool, and local industry players, analyzed strategies for production and R&D of new vaccines in the country with the aid of mRNA technology.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to MRNA Therapeutics Market Outlook will help companies and investors design strategic landscapes.
Infectious Diseases was the largest segment with a revenue share of 100.0% in 2023.
Horizon Databook has segmented the Argentina mrna therapeutics market based on infectious diseases covering the revenue growth of each sub-segment from 2021 to 2030.
The mRNA therapeutics market in Argentina is expected to grow due to the rising government initiatives for mRNA technology. Argentina’s market is also favored by the presence of medical research institutes such as the Instituto de Biología y Medicina Experimental and Maiztegui National Human Viral Disease Institute.
For instance, in February 2023, the WHO, the Pan American Health Organization (PAHO), in collaboration with the Ministry of Health of Argentina, Medicines Patent Pool, and local industry players, analyzed strategies for production and R&D of new vaccines in the country with the aid of mRNA technology.
Argentina Mrna Therapeutics Market Application Outlook (Revenue, USD Million , 2021-2030)
Infectious Diseases
Oncology
Rare Genetic Diseases
Respiratory Diseases
Others
Argentina Mrna Therapeutics Market Type Outlook (Revenue, USD Million , 2021-2030)
Prophylactic
Therapeutic
Argentina Mrna Therapeutics Market End Use Outlook (Revenue, USD Million , 2021-2030)
Hospitals & Clinics
Research Organizations
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina MRNA Therapeutics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Argentina MRNA Therapeutics Market Outlook from 2021 to 2030, including revenue numbers, major trends, and company profiles.
Argentina Mrna Therapeutics Market, 2021-2030 (US$M)