U.S.
Microbiome therapeutics market, by application, 2014 - 2025 (USD Million)
|
The microbiomeTherapeutics market is expected to reach USD
433.5 Million By 2025, based on a new study by Grand View Research, Inc.
Increasing funding initiatives and government programs to support this research
are high impact rendering drivers anticipated to foster market growth.
The launch of Human Microbiome
Project by NHS in Europe and the Microbiome Initiative by the U.S. government
are some of the crucial government initiatives pertaining to market growth. The
U.S. government has announced to have invested over USD 121 million in the
Microbiome Initiative with additional USD 100 million from the Bill and Melinda
Gates Foundation.
Presence of strong drug
pipeline can also be attributed to the highly lucrative growth. Key players are
entering into collaborative agreements with venture capital firms and research
institutes for enhancing therapeutics pipeline through development of efficient
and safe drugs. Some of the companies that recently formed collaborative
agreements are Seventure Partners & ENTEROME Bioscience; Vedanta
Biosciences & Johnson & Johnson Pvt. Ltd.; and Seventure Partners &
Eligo Bioscience.
Full Research Report On Microbiome Therapeutics Market Analysis:
http://www.grandviewresearch.com/industry-analysis/microbiome-therapeutics-market
http://www.grandviewresearch.com/industry-analysis/microbiome-therapeutics-market
Further Key Findings from the Study Suggest:
·
Fecal Microbial Transplant
(FMT) held the largest market share in 2015 owing to easier availability and
introduction of FMT capsules by Open Biome
·
Introduction of RBX2660, a
phase 3 molecule, during the end of 2018 will result in substantial increase in
revenue of FMT
·
No commercial microbiome drugs
are currently available with FMT being the only therapy for treatment. Drugs
are estimated to hit the market by fourth quarter of 2017.
·
It is estimated that the drugs
segment would witness the fastest growth owing to the presence of blockbuster
drugs, such as, NM504, SER-109, RP-G28, and SGM-1019, in the pipeline
·
C. difficile dominated the application
segment in 2015 with Crohn’s disease leading the market CAGR over the forecast
period
·
North America held the largest
share in 2015, owing to presence of major companies & established
healthcare infrastructure and high amount of research activities
·
Asia Pacific is anticipated to
witness significant growth with increasing acceptance of FMT in developing
countries, such as India and China
·
Some of the key companies are
MicroBiome Therapeutics, LLC; Seres Therapeutics; ENTEROME Bioscience; MaaT
Pharma; Rebiotix, Inc.; Ritter Pharmaceuticals; Second Genome, Inc.; and
OpenBiome
·
High investment on research and
development of new drugs and investigation of available drugs for more untapped
applications are the main strategies undertaken by the key players
View More Reports Of This Category By Grand
View Research At: https://www.grandviewresearch.com/industry/pharmaceuticals
Grand View Research has segmented the
microbiome therapeutics market on the basis of type and application:
Type Outlook (Market Revenue in
USD Million, 2014 - 2025)
·
FMT
·
Microbiome Drugs
Application Outlook (Market
Revenue in USD Million, 2014 - 2025)
·
C. difficile
·
Crohn’s disease
·
Inflammatory Bowel Disease
·
Diabetes
·
Others
Regional Outlook (Market
Revenue in USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
Japan
o
China
·
Latin America
o
Brazil
o
Mexico
·
Middle East and Africa
o
South Africa
Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-microbiome-therapeutics-market
https://www.grandviewresearch.com/press-release/global-microbiome-therapeutics-market
About Grand View
Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/
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