RNA Therapeutics Market - By Product, Type, Indication, End-use, Global Forecast, 2024 - 2032

RNA therapeutics market size is set to record 5.7% CAGR of between 2024 and 2032, driven by the increasing prevalence of chronic disorders, such as cancer, genetic disorders, and infectious diseases. As per National Institutes of Health (NIH), in 2023, nearly 1,958,310 new cancer cases and 609,820 cancer deaths occurred in the U.S. RNA therapeutics offer the potential to address these diseases by targeting specific genes and pathways for providing more effective and personalized treatment approaches. Advancements in RNA delivery technologies, such as lipid nanoparticles and viral vectors, are enhancing the efficacy and safety profile of RNA-based drugs.

Moreover, the regulatory landscape surrounding RNA therapeutics is evolving, with regulatory agencies increasingly recognizing the potential of RNA-based drugs for streamlining the approval process. The growing adoption of personalized medicine approaches, driven by advancements in genomic sequencing and molecular diagnostics is also creating opportunities for RNA therapeutics to target specific patient populations with precision. As healthcare systems worldwide strive to improve patient outcomes and reduce healthcare costs, the demand for innovative and targeted therapies is expected to bolster the industry growth.

The RNA therapeutics market is classified on the basis of product, type, indication, end-use and region.

Based on indication, the industry size from the autoimmune disorder segment is slated to record a 6% CAGR through 2032, characterized by dysregulated immune responses targeting the body's own tissues. RNA therapeutics offer a promising avenue for treating autoimmune diseases by targeting specific molecular pathways involved in immune dysregulation. Additionally, advancements in RNA-based technologies, such as antisense oligonucleotides and small interfering RNAs, enable precise modulation of gene expression associated with autoimmune disorders, thereby offering potential therapeutic benefits.

In terms of end-use, the RNA therapeutics market from the academic & research institutes segment is anticipated to observe a 5.4% CAGR during 2024 and 2032. This is driven by advancements in the understanding of RNA biology for uncovering novel therapeutic targets and developing innovative RNA-based therapies. Moreover, academic and research institutes serve as incubators for talent and innovation for nurturing the next generation of scientists and entrepreneurs, further propelling the segment growth.

Asia Pacific RNA therapeutics industry will grow substantially at 6.1% CAGR between 2024 and 2032, attributed to the large and diverse population coupled with the high prevalence of infectious and chronic diseases. The presence of a robust biotechnology ecosystem, characterized by a network of academic research institutions, biopharmaceutical companies, and government initiatives is fostering multiple R&D activities in RNA therapeutics. Furthermore, favorable regulatory policies and increasing investments in healthcare infrastructure and biotechnology will stimulate the regional industry growth.