The rising awareness of human microbiome therapy and the increasing incidence of chronic diseases is driving the demand for the market.
VANCOUVER, BC, CANADA, July 19, 2022 /EINPresswire.com/ -- The Global Human Microbiome Market Report, published by Emergen Research, offers an industry-wide assessment of the Human Microbiome market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2027.
The global Human Microbiome Market is forecasted to be worth USD 1,689.5 Million by 2027, according to a current analysis by Emergen Research. The Human Microbiome market is anticipated to grow substantially owing to the rising awareness of human microbiome therapy. The market is also expected to boost by increasing favorable regulations on probiotics and prebiotics by regulatory bodies. Besides, the growing prevalence of chronic diseases is forecasted to further propel the market growth over the forecast timeframe.
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Globally, the increasing prevalence of lifestyle-related diseases is a major driver of the human microbiome market, as therapeutic approaches can offer an effective method to address serious health issues, such as obesity, autoimmune disorders and susceptibility to antibiotics, genetic disorders, metabolic diseases, cancer, Crohn's disease, and bowel disorder.
A lack of population knowledge of probiotics and prebiotics and fewer research activities into microbiomes is anticipated to hinder the market growth.
The leading market contenders listed in the report are as follows:
Seres Therapeutics, Synlogic, Inc., Vedanta Biosciences, Inc., Evelo Biosciences, MicroBiome Therapeutics, LLC, 4D Pharma PLC, Osel Inc, MetaboGen AB, Symbiotix Biotherapies, Inc., and Second Genome Inc. among others.
Some Key Highlights from the Report
In January 2020, 4D Pharma PLC officially confirmed the launch of a trial exploring MRx0518 in patients with pancreatic cancer combined with radiation therapy, which is expected to enhance its expertise in research and development actives for cancer treatments.
Due to the growth in the number of clinical trials and the rapid adoption of new technology, North America is expected to lead the market during the forecast timeframe.
Due to the increasing gastrointestinal conditions and the negative effects related to drugs, the therapeutics segment holds the major market over the forecast timeframe.
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Segmental Analysis
The global Human Microbiome market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Human Microbiome sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Emergen Research has segmented the global Human Microbiome Market: -
Product Outlook (Revenue, USD Million; 2017-2027)
Drugs
Foods
Probiotics
Medical Foods
Prebiotics
Diagnostic Tests
Type Outlook (Revenue, USD Million; 2017-2027)
Microbiome Drugs
Fecal Microbiota Transplantation
Technology Outlook (Revenue, USD Million; 2017-2027)
Proteomics
Genomics
Metabolomics
Application Outlook (Revenue, USD Million; 2017-2027)
Diagnostics
Therapeutics
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Diseases Outlook (Revenue, USD Million; 2017-2027)
Inflammatory Diseases
Infectious Diseases
Cancer
Metabolic Disorders
Cardiovascular Disease
Irritable Bowel Syndrome
Neurological Disorders
Hematological Disorders
Others
Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Human Microbiome market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report classifies the global Human Microbiome market into various regions, including:
North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
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Report Highlights:
The report conducts a comparative assessment of the leading market players participating in the global Human Microbiome market.
The report marks the notable developments that have recently taken place in the Human Microbiome industry
It details on the strategic initiatives undertaken by the market competitors for business expansion.
It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Human Microbiome market value chain.
The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.
Thank you for reading this report. For further details or inquiries, please connect with us, and our team will ensure the report is tailored to meet your requirements.
About Emergen Research
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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