Human Microbiome Therapeutics| Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast, 2023

The human microbiome therapeutics market size is projected to reach a value of USD 1001.56 billion in 2027 with accelerating at a CAGR of 30.11% between 2022 and 2027.

Originally published on Technavio: Comprehensive Analysis of the Global Human Microbiome Therapeutics Market (2023-2027).

Introduction:
Technavio presents an in-depth examination of the Human Microbiome Therapeutics Market, forecasting a substantial growth to reach a value of USD 1001.56 billion by 2027, surging at an impressive CAGR of 30.11% between 2022 and 2027. The report covers the analysis period from 2017 to 2027, with the market size witnessing a historic year (2017) valuation of USD 79.53 billion and a projected forecasted year (2027) valuation of USD 1001.56 billion.

Market Dynamics:
Market Drivers: The primary impetus behind the expansion of the human microbiome therapeutics market is the escalating incidence of chronic diseases globally. The continuous progression in microbiome therapeutics addresses the rising prevalence of conditions such as diabetes, hypertension, and obesity. As these chronic ailments pose immediate health risks and contribute to the development of severe diseases, the advancements in microbiome therapeutics emerge as a crucial avenue for mitigating complications associated with these conditions.

Market Segmentation:
The report categorizes the Human Microbiome Therapeutics Market based on Products (Probiotics, Prebiotics, Medical Foods, and Prescription Drugs), Applications (Gastrointestinal Disorders, Infectious Diseases, and Others), and Geographical Segmentation (North America, Europe, Asia, and Rest of World).

Market Overview:
The rising demand for microbiome-based therapies to combat chronic ailments, particularly hypertension and obesity-related complications, has stimulated advancements in microbiome therapeutics. As hypertension correlates with modifications in the human microbiome, there is a pressing need to develop microbiome-based therapies to address its symptoms and treatment.

Future Outlook:
The future outlook of the human microbiome therapeutics market envisions increased collaboration between startup companies and established entities, fostering innovation in personalized medicine and novel microbiome-related medication. Qualitative research methodologies are expected to play a pivotal role in exploring the effects of microorganisms and dietary supplements on various diseases. The integration of top-down and bottom-up design strategies aims to optimize microbiome therapeutics methodologies, ensuring effective solutions for improved healthcare outcomes. Treatments such as fecal microbiota transplant are poised to significantly contribute to disease management, emphasizing the role of biotechnology in healthcare advancements.

Emerging Market Trends:
Probiotics Segment Dominance: The probiotics segment, valued at USD 25.89 million in 2017, holds the largest market share. Probiotics, live microorganisms that provide health benefits when administered adequately, play a crucial role in maintaining a healthy microbial balance in the intestines. Probiotic biome supplements contribute to destroying disease-causing cells, producing vitamins, aiding digestion, enhancing the immune system, and protecting proteins and lipids from oxidation damage. The expanding geriatric population, prone to chronic gastrointestinal disorders, further fuels the growth of probiotics.

Regional Insights:
North America's Prominent Position: North America is anticipated to contribute 41% to the global market's growth by 2027, with the human microbiome therapeutics market in the region expected to experience double-digit growth. Factors such as significant investments in microbiome drug development, high incidences of gastrointestinal and metabolic disorders, and immunological disorders contribute to the market's growth in North America. Increased focus on clinical research is poised to accelerate market growth during the forecast period.

Key Players:
The Human Microbiome Therapeutics Market is fragmented and includes significant players such as 4D pharma Plc, BiomX Inc., Eligo Bioscience, ENTEROME SA, Evelo Biosciences Inc., Evogene Ltd., Ferring BV, Finch Therapeutics Group Inc., Flightpath Biosciences, Johnson and Johnson Services Inc., MaaT Pharma, Microbiotica Ltd., OptiBiotix Health Plc, PureTech Health Plc, Second Genome Therapeutics, Seres Therapeutics Inc., Synlogic Inc., Takeda Pharmaceutical Co. Ltd., YSOPIA Bioscience, and Locus Biosciences Inc.

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The Human Microbiome Therapeutics Market report provides a comprehensive forecast of market growth by revenue globally, regionally, and at the country level from 2017 to 2027. The analysis encompasses key drivers, trends, challenges, and emphasizes emerging market trends such as the dominance of probiotics. The report is a valuable resource for stakeholders in the healthcare and pharmaceutical industries.

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Technavio Research
Jesse Maida
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UK: +44 203 893 3200
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Website: www.technavio.com/


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