Nucleic Acid Therapeutics CDMO Market Size & Share, By Type, Service (Process Development & Optimization, Manufacturing Services), End-user, Application, Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Market Outlook:

Nucleic Acid Therapeutics CDMO Market surpassed USD 12.1 Billion in 2023 and is expected to exceed USD 27.38 Billion by end of the year 2032, observing around 9.5% CAGR between 2024 and 2032.

• Base Year Value (2023): USD 12.1 Billion
• CAGR (2024-2032): 9.5%
• Forecast Year Value (2032): USD 27.38 Billion
• Historical Data Period: 2019-2023
• Largest Region: North America
• Forecast Period: 2024-2032

Market Dynamics:

Growth Drivers & Opportunity:

An increasing demand for personalized medicine and targeted therapies is driving growth in the Nucleic Acid Therapeutics CDMO market. With advancements in genomics and gene editing technologies, there is a growing need for custom-made nucleic acid therapeutics to treat a wide range of diseases.

The growing prevalence of genetic disorders and chronic diseases is also fueling the growth of the Nucleic Acid Therapeutics CDMO market. As the global population ages and the burden of chronic diseases continues to increase, there is a greater demand for innovative nucleic acid therapeutics that can provide targeted and effective treatment options.

The rising investments in research and development by both pharmaceutical companies and government organizations are driving growth in the Nucleic Acid Therapeutics CDMO market. With an increasing focus on precision medicine and the development of novel therapies, there is a growing need for CDMOs that can provide high-quality, cost-effective manufacturing services for nucleic acid therapeutics.

Report Scope

Report Coverage	Details
Segments Covered	Type, Service, End-User, Application
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Catalent, Thermo Fisher Scientific, Lonza, FUJIFILM Diosynth Biotechnologies, Cognate BioServices, Eurofins Genomics, Sirion Biotech, Oxford Biomedica, Danaher

Industry Restraints:

The high costs associated with the development and manufacturing of nucleic acid therapeutics pose a major restraint to the growth of the Nucleic Acid Therapeutics CDMO market. The complex nature of these therapies, along with the stringent regulatory requirements, can significantly increase the overall cost of production and limit the market potential for CDMOs.

The lack of standardized manufacturing processes and technologies for nucleic acid therapeutics is another major restraint in the Nucleic Acid Therapeutics CDMO market. Without established best practices and guidelines for manufacturing these therapies, CDMOs may face challenges in ensuring product quality, consistency, and scalability, which can impede market growth.

Regional Forecast:

North America: The Nucleic Acid Therapeutics CDMO market in North America is driven by the presence of key players and the increasing investment in research and development. The United States dominates the market in this region, followed by Canada. The high adoption rate of nucleic acid therapeutics and the growing prevalence of chronic diseases are major factors contributing to the market growth in North America.

Asia Pacific: The Asia Pacific region is experiencing swift growth in the Nucleic Acid Therapeutics CDMO market, particularly in countries such as China, Japan, and South Korea. The rising awareness about nucleic acid therapeutics and the increasing focus on personalized medicine are fueling market growth in this region. Additionally, the presence of a large patient pool and a growing number of CDMO companies are further driving market expansion in Asia Pacific.

Europe: Europe is a prominent market for Nucleic Acid Therapeutics CDMO, with countries like the United Kingdom, Germany, and France leading the market in this region. The increasing government initiatives to promote nucleic acid therapeutics, along with the rising healthcare expenditure, are propelling market growth in Europe. Furthermore, the presence of well-established pharmaceutical companies and research institutions is boosting the demand for CDMO services in the region.

Segmentation Analysis:

In terms of segmentation, the global Nucleic Acid Therapeutics CDMO market is analyzed on the basis of Type, Service, End-User, Application.

Nucleic Acid Therapeutics CDMO Market

Type:

The Nucleic Acid Therapeutics CDMO market can be categorized by type into RNA-based therapeutics, DNA-based therapeutics, and others. RNA-based therapeutics segment is expected to dominate the market, owing to the increasing research and development activities in RNA-based drug discovery and the potential of RNA therapies in treating various diseases.

Service:

The Nucleic Acid Therapeutics CDMO market offers services such as process development & optimization and manufacturing services. The process development & optimization segment is anticipated to witness significant growth, as it plays a crucial role in the early stages of drug development and ensures the efficiency and effectiveness of the manufacturing process.

End-user:

The Nucleic Acid Therapeutics CDMO market caters to end-users including pharmaceutical companies, biotech companies, and research institutes. The pharmaceutical companies segment is projected to hold a major share in the market, driven by the increasing collaborations between pharmaceutical companies and CDMOs to develop nucleic acid-based therapies.

Application:

In terms of application, the Nucleic Acid Therapeutics CDMO market covers various areas such as oncology, rare diseases, infectious diseases, and others. The oncology segment is expected to witness steady growth, owing to the rising incidence of cancer globally and the increasing adoption of nucleic acid therapeutics in cancer treatment.

Competitive Landscape:

The competitive landscape in the Nucleic Acid Therapeutics CDMO market is characterized by a dynamic interplay of technology advancements, strategic collaborations, and an increasing demand for personalized medicine. Key players in this space are focusing on enhancing their capabilities in oligonucleotide synthesis, plasmid production, and mRNA manufacturing to cater to a growing pipeline of nucleic acid-based therapeutics. The market is witnessing significant investment in R&D, as companies aim to develop efficient and scalable production processes. Additionally, the rise of partnerships between biotechnology firms and contract development and manufacturing organizations (CDMOs) is accelerating the development of innovative therapies, further intensifying competition among leading market players.

Top Market Players

- Lonza

- Samsung Biologics

- WuXi AppTec

- BioMarin Pharmaceutical

- Evonik Industries

- Catalent

- Inovio Pharmaceuticals

- CordenPharma

- Fera Science

- Commencement Therapeutics