The study involved two major activities in estimating the Current
and Expected Market Size of the Global Human Microbiome Market in the future.
Exhaustive research was conducted to collect information on the market as well
as its peer and parent markets. The next step was to validate these findings,
assumptions, and sizing with industry experts across the value chain through
primary research. Both top-down and bottom-up approaches were employed to
estimate the complete market size. After that, market breakdown and data
triangulation were used to estimate the market size of segments and sub-segments.
Recent
Developments:
# In 2019, Seres collaborated with AstraZeneca to get a
better understanding of the microbiome in augmenting the efficacy of cancer
immunotherapy, including potential synergy with AstraZeneca compounds.
# In 2018, Enterome entered into a co-development and
co-promotion agreement with Takeda for its investigational drug candidate
EB8018. This drug is used in patients with Crohn's disease and has the
potential to expand its use to other gastrointestinal (GI) disorders and liver
diseases.
# In 2016, 4D Pharma acquired the production assets of
Instituto Biomar to expand its clinical and production capabilities of live
biotherapeutics.
Key questions
addressed by the report:
# Who are the major market players in the human microbiome
market?
# What are the regional growth trends and the largest
revenue-generating regions for the market?
# What are the major drivers and challenges in the market?
# What are the major product segments in the market?
# What are the major technologies used in the human
microbiome research spending market?
Looking Out for
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Industry’s Revenue Growth Expectations:
The global human microbiome industry is expected to grow from USD 942 million in 2024 to USD 1,731 million by 2027, at a CAGR of 22.5 % during the forecast period.
Factors
Influencing Global Industry Growth:-
Microbiomes are responsible for a wide variety of
metabolic and developmental processes—from food digestion to vitamin synthesis
and even brain function. They also play a major role in human conditions, such
as obesity and inflammatory bowel disease.
Market growth is largely driven by the increasing focus on
the development of human microbiome therapy. It has also become a validated
target for drug development. The growing number of collaborations between
market players is expected to offer a wide range of growth opportunities for
market players during the forecast period.
Restraints:
# Lack of Expertise and Detailed Research
# Barriers in Proving the Causal Link Between
Dysbiosis and Disease
Challenges:
# Government Regulations
Geographical Growth Scenario:
Europe to account for the largest share of the human
microbiome market in 2022
Geographically, the global human microbiome market is
segmented into four major geographies— North America, Europe, the Asia Pacific,
and the Rest of the World (RoW). Europe is expected to account for the largest
share of the global human microbiome market in 2022. The large share of this
regional segment is mainly due to the high research activity in this region.
Read More:
Leading Market
Players:
#
Enterome Bioscience
(France)
# E.I. du Pont de Nemours and Company (DuPont) (US)
# 4D Pharma (UK)
# Seres Therapeutics (US) and
many more…
Various growth strategies have been adopted by these
players, such as product launches, agreements, and acquisitions to increase
their presence in the global human microbiome market.
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