25th February 2020 – Latest Research Report on Microbiome
Therapeutics Market begins with a deep introduction and then search
broad into specific segments such as raw material, application, end user, and
region, policy study, value chain structure, and upcoming trends in particular
segments or regions. The report on Microbiome Therapeutics prepare a case for
investments in different regions based on a practical view of their regulatory
outline, manufacturing dynamics, and availability of skills and resources in
that region.
The global Microbiome Therapeutics
Market is expected to value at USD 433.5 million by 2025. The microbiome
therapeutics industry is subject to witness a substantial growth due to the
rise in the initiatives taken by the regional government through various
programs for early diagnosis of critical diseases. Various initiatives taken by
regional governments such as Human Microbiome Project by NHS in Europe and the
Microbiome Initiative by the U.S. government are creating awareness among
general population regarding advantages of microbiome therapeutics are expected
to stimulate market growth over the coming years.
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Top key Players
·
MicroBiome Therapeutics LLC
·
Seres Therapeutics
·
Enterome Bioscience
·
MaaT Pharma S.A.
·
Rebiotix
·
Ritter Pharmaceuticals
·
Second Genome
·
OpenBiome
Globally, the microbiome therapeutics
market is predicted to grow at higher CAGR in the forecast period, providing
numerous opportunities for market players to invest for research and
development in the market. Increasing in the occurrence of gastrointestinal
disorders, diabetes, arthritis, and other neurological disorders across the
globe are major cause of concern; thus intensifying need for treatment and
diagnosis methods for its successful treatment. These factors are expected to
drive market demand for microbiome therapeutics over the forecast period.
Growing incidence related to the
diagnostic of the arthritis, and other neurological disorders among adults is
expected to further boost growth of microbiome therapeutics industry over the
next seven years. Growing prevalence of diseases owing to dysbios is of
microbiota in the gut coupled with biological drug development studies are key
contributing factors for industry growth in the recent years.
Lack of gut microbiome, which is vital
for good health of a person, leads to series of adverse effects on human body.
Alteration in a number of microorganisms that are found in human body such as
firmicute, bacteroidetes, and actinobacteria can lead to the development of
gastrointestinal disorders and various chronic diseases. In addition, regular
consummation of antibiotics, changing lifestyle, varying food habits and rising
geriatric population are some key factors are driving demand for microbiome
therapeutics over the forecast period.
The microbiome therapeutics market is
broadly categorized into four major segments based on the application type such
as C. difficile, crohn’s disease, inflammatory bowel disease and diabetes. The
C. difficile is considered as one of the fastest growing segment in the with
substantial revenue generation in the last few years. Growing popularity of
microbiome therapeutics in the C. difficile segment is attributed to the higher
approval rate and increasing market penetration. The segment has also witnessed
substantial growth owing to the increasing demand for drug pipeline and use of
microbiome therapeutics for the treatment of lactose intolerance.
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