The global Human Microbiome Therapeutics Market is forecasted to be worth USD 1,098.4 Million by 2027, according to a current analysis by Emergen Research. The human microbiome therapeutics market is forecasted to augment rapidly due to the rising application of human microbiome therapeutics into personalized medicine and nutrition. Besides, the growing technological advancements in metagenomics and the therapeutic system is anticipated to further propel the market growth over the forecasted timeframe.
The report also studies the impact of the COVID-19 pandemic on the Human Microbiome Therapeutics Market and offers insight into market status and global outlook. The report presents an extensive analysis of pandemic on the key segments of the market and the market dynamics. It assesses the changes in the global supply chain and manufacturing processes of the industry. The report provides a current and future assessment of the impact of the pandemic on the market.
Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.
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The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
Some Key Highlights from the Report
- In August 2019, the completion of the construction of a new state-of-the-art production facility had been announced by BiomX Ltd. The new facility is based in Ness Ziona and will facilitate the clinical development of candidate phage products for BiomX and may be extended in the coming years to satisfy commercial manufacturing requirements. The development has been a significant phase on the way to clinical development in this current period of live biotherapeutics, which involves phages and also human-derived cells and bacteria.
- During the forecast timeframe, the probiotics segment is expected to dominate the market. Probiotics are organisms, such as bacteria and yeasts, which provide health benefits when being consumed.
- The small molecule therapies segment accounted for the largest market share, and, due to its extensive use, it was anticipated to witness the highest growth over the forecast period.
- Over the forecast timeframe, the infectious disease segment is expected to dominate the industry. The main drivers of possible development in the segment are the increasing prevalence of microbial dysbiosis-based diseases with the wide use of antibiotics and the drug development of microbiome-based treatments.
- Due to the rise of dietary supplement consumption, the North American market is expected to lead the global market for Human Microbiome Therapeutics therapeutics. Moreover, technologically specialized research facilities for the development of experimental therapeutics, the existence of a health-conscious population, and rising healthcare expenditure are the key reasons for the region's dominance.
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others.
Prominent Players Analyzed in the Report:
Key participants include Oxidien Pharmaceuticals, LLC, BiomX Ltd., LNC Therapeutics SA, Commense Inc, Embion Technologies SA, DermBiont, Inc, CoreBiome, Inc., Carbiotix AB, Biotagenics Inc., and Finch Therapeutics, among others.
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Furthermore, the report divides the Human Microbiome Therapeutics market into key segments and sub-segments to offer an analysis of the product type and application spectrum of the industry. It also offers predictions about the segments expected to show significant growth during the projected timeline.
Based on Type, the Human Microbiome Therapeutics Market is segmented into:
Product Outlook (Revenue, USD Million; 2017-2027)
- Prescription Drugs
- Medical Foods
Approach Outlook (Revenue, USD Million; 2017-2027)
- Microbial Consortia
- Phage Cocktail
- Small Molecule Therapies
- Microbial Ecosystems
- Genetically Modified Single Strain Bacteria
- Single Strain Whole Bacteria
Therapeutic Areas Outlook (Revenue, USD Million; 2017-2027)
- Autoimmune Disorders
- Dermatological Disorders
- Metabolic Disorders
- Infectious Disease
Diseases Outlook (Revenue, USD Million; 2017-2027)
- Crohn’s Disease
- Irritable Bowel Syndrome
Overview of the Human Microbiome Therapeutics Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
- In-depth analysis of the risks, restraints, and limitations in the Human Microbiome Therapeutics industry
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