Global Microbiome Therapeutics Market 2022-2028
Microbiome therapeutics are aimed at engineering the gut microbiome using additive, subtractive, or modulatory therapy with an application of native or engineered microbes, antibiotics, bacteriophages, and bacteriocins. This approach could overcome the limitation of conventional therapeutics by providing personalized, harmonized, reliable, and sustainable treatment. Its huge economic potential has been shown in the global therapeutics market. According to market research study published by Gen Consulting Company, the market size of the global microbiome therapeutics sector is expected to rise by USD 974 million with a CAGR of 27.8% by the end of 2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global microbiome therapeutics market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the microbiome therapeutics industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the strategy, target therapy area, and region. The global market for microbiome therapeutics can be segmented by strategy: additive, modulatory, subtractive. According to the research, the additive segment had the largest share in the global microbiome therapeutics market. Microbiome therapeutics market is further segmented by target therapy area: gastrointestinal tract diseases (GIT), infections, metabolic diseases, cancer, others. In 2021, the GIT segment made up the largest share of revenue generated by the microbiome therapeutics market. Based on region, the microbiome therapeutics market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).
By strategy:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook