The microbiome therapeutics market is driving on account of the escalating awareness amongst individuals for the advantages of maintaining decent health and the growing number of collaborations between market players for high-quality healthcare services. With the ever-increasing need for precise, reliable, and fast treatment for diseases, such as phenylketonuria, hepatic encephalopathy, C. difficile infection (CDI), and multidrug-resistant urinary tract infection, people are opting for products that assist them to stay fit and are investing more in healthcare services. The microbiome is the group of microorganisms that inhabit skin layers and in saliva, oral mucosa, conjunctiva, and the gastrointestinal tract (GIT), including bacteria, archaea, fungi, and is parasites. It performs tasks that are advantageous for the human host in maintaining health. The Global Microbiome Therapeutics Market is estimated to see healthy growth, pegged at a CAGR of around 52.6% throughout the forecast period 2020-2025.
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Some microbiomes have been associated with the good health of a person. Scientists and researchers have studied that alteration in a number of microorganisms such as Bacteroides, firmicute, and actinobacteria leads to the development of arthritis, diabetes, gastrointestinal disorders, and other neurological disorders. The number of beneficial microorganisms in the human body can be reduced due to an unhealthy lifestyle, heavy and long-term use of antibiotics, and increasing aging. Huge pipeline of microbiome therapeutics with more than 120 candidates in development is expected to predict the growth opportunity of microbiome therapeutics market.
The researchers have been fascinated by the advantages of the human microbiome and the usefulness of these microorganisms in the health maintenance and treatment of certain diseases. A Human Microbiome Project conducted in 2012 estimated that more than 10,000 microbial species live in the human ecosystem and consist of trillions of cells, making up 1%-3% of the total body mass. The report also stated that the omnipresent microorganisms in the human body could sometimes turn virulent and cause disease or even death. Researchers and scientists are developing a therapeutics course comprising a subset of microorganism’s foe focusing on improving the efficiency of medical treatments.
Moreover, the advancement in microbiome technologies would guide in determining the probable solutions for severe diseases. Hence, these technologies would improve healthcare outcomes and will offer better healthcare services across the globe. Research further stated that microbiome sequencing might discover further diversity of microbiomes that will help find innovative and better microbiome therapeutics. Collaboration between pharmaceutical companies and various market players would increase the pipeline in different stages of development. Further, this will fasten the launch of developmental drugs in the microbiome therapeutics market.
Segmentation Overview of the Global Microbiome therapeutics Market
The Microbiome therapeutics market is segmented into type and application. These major market segments are further categorized into various sub-segments to study the market in detail.
By Type Outlook (FMT and Microbiome drugs)
By Application Outlook (C. difficile, Crohn’s disease, Inflammatory Bowel Disease, Diabetes, and Others)
Key Players Insights
MicroBiome Therapeutics LLC, 4D Pharma, Seres Therapeutics, AgBiome, Enterome Bioscience, MaaT Pharma, Rebiotix, Inc, Ritter Pharmaceuticals, Vedanta Biosciences Inc., ViThera Pharmaceuticals Inc., AOBiome LLC, Avid Biotics, Second Genome, OpenBiome, and others, are some key market players included in the research study of the global microbiome therapeutics market.
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