The study involved two major activities in estimating the
current market size of the Human Microbiome Market.
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?
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Factors
Influencing Global Growth:-
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.
Restraint:
# Lack of Expertise
and Detailed Research
# Barriers in Proving
the Causal Link Between Dysbiosis and Disease
Opportunity:
# Investigational New
Drug Requirements for Fecal Microbiota
# Increasing
Collaborations
Market Challenge:
# Government
Regulations
Monetary
Growth Expectations, Globally:
According to the Research Study conducted by MarketsandMarkets™:
The human microbiome market is expected to grow from USD 942 million in 2024 to
USD 1,731 million by 2027, at a CAGR of 22.5% during 2024–2027.
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Geographical Growth Scenario:
Europe to account for the largest share of the human
microbiome market in 2022
On the basis of region, 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.
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…
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