Product Code: ETC6194662 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The mRNA vaccine market in Australia is flourishing, especially after the success of COVID-19 mRNA vaccines, which highlighted the potential of this technology. Australian pharmaceutical companies and research institutes are actively investing in the development of mRNA vaccines targeting infectious diseases and some chronic conditions. Supportive regulatory frameworks and funding from both federal and state governments have created an encouraging environment for innovation. The market is further strengthened by public-private partnerships and international collaborations aimed at scaling production and enhancing vaccine accessibility.
The mRNA vaccine market in Australia is growing rapidly due to increased awareness and acceptance of mRNA platforms. In the post-COVID era, there is continued demand for mRNA vaccines targeting various pathogens including flu, RSV, and emerging zoonotic diseases. Biopharmaceutical firms are working on next-generation mRNA vaccines that offer improved thermostability and broader immune responses. The governments commitment to building domestic vaccine production capabilities is accelerating market maturity.
The mRNA vaccine market in Australia is constrained by vaccine hesitancy and misinformation, which affects public uptake. Infrastructure limitations, particularly in rural and remote areas, hinder efficient distribution and storage of temperature-sensitive mRNA vaccines. Local manufacturing capacity is also limited, making the country reliant on imports that are susceptible to international supply chain disruptions. Furthermore, the intense competition with traditional vaccines and emerging alternative technologies creates a challenging environment for market growth.
The mRNA vaccine market offers diverse investment avenues, from early-stage R&D to commercial manufacturing and distribution. Investors can capitalize on Australias supportive biotech ecosystem to fund vaccine candidates for not only infectious diseases but also chronic illnesses and cancers. Opportunities exist in expanding local production capacity, licensing global IP for regional development, and investing in mRNA platform firms that can pivot quickly for future pandemics. Digital vaccine monitoring solutions and supply chain technologies also present complementary investment potential.
Government policies related to the mRNA vaccine market in Australia have focused on enhancing vaccine accessibility, funding research, and ensuring the countrys preparedness for future pandemics. The Australian government has supported mRNA vaccine development, particularly after the COVID-19 pandemic, and has allocated funding to support local vaccine manufacturing initiatives. Through the National Immunisation Program (NIP), the government promotes vaccination and allocates funds for purchasing vaccines. Additionally, the TGA is responsible for regulating and approving vaccines, with specific policies in place for expedited review processes during public health emergencies. However, logistical challenges, particularly in terms of distribution and storage, are not always fully addressed by current government policies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia mRNA Vaccine Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia mRNA Vaccine Market Revenues & Volume, 2021 & 2031F |
3.3 Australia mRNA Vaccine Market - Industry Life Cycle |
3.4 Australia mRNA Vaccine Market - Porter's Five Forces |
3.5 Australia mRNA Vaccine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Australia mRNA Vaccine Market Revenues & Volume Share, By End users, 2021 & 2031F |
4 Australia mRNA Vaccine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia mRNA Vaccine Market Trends |
6 Australia mRNA Vaccine Market, By Types |
6.1 Australia mRNA Vaccine Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Australia mRNA Vaccine Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Australia mRNA Vaccine Market Revenues & Volume, By COVID-19, 2021- 2031F |
6.1.4 Australia mRNA Vaccine Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia mRNA Vaccine Market, By End users |
6.2.1 Overview and Analysis |
6.2.2 Australia mRNA Vaccine Market Revenues & Volume, By Government, 2021- 2031F |
6.2.3 Australia mRNA Vaccine Market Revenues & Volume, By Private Hospitals & Clinics, 2021- 2031F |
6.2.4 Australia mRNA Vaccine Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia mRNA Vaccine Market Import-Export Trade Statistics |
7.1 Australia mRNA Vaccine Market Export to Major Countries |
7.2 Australia mRNA Vaccine Market Imports from Major Countries |
8 Australia mRNA Vaccine Market Key Performance Indicators |
9 Australia mRNA Vaccine Market - Opportunity Assessment |
9.1 Australia mRNA Vaccine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Australia mRNA Vaccine Market Opportunity Assessment, By End users, 2021 & 2031F |
10 Australia mRNA Vaccine Market - Competitive Landscape |
10.1 Australia mRNA Vaccine Market Revenue Share, By Companies, 2024 |
10.2 Australia mRNA Vaccine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |