Global Microbiome Market Outlook, Opportunities And Strategies – Includes Microbiome Market Trends
Learn about the global microbiome market through The Business Research Company, which provides information on microbiome market size, microbiome market drivers and restraints, microbiome market players, the COVID-19 impact on the microbiome market, and more.
The microbiome market is expected to grow from $0.34 billion in 2021 to $0.94 billion in 2026 at a rate of 22.6%. The global microbiome market size is then expected to grow at a CAGR of 15.4% from 2026 and reach $1.93 billion in 2031.
Increasing healthcare expenditure is predicted to upsurge the demand for the microbiomes market.
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The microbiome market consists of sales of microbiome and related services used as immunotherapeutic agents in the pharmaceutical industry. Microbiomes are used as immunotherapy for a wide variety of conditions, including infectious diseases, endocrine and metabolic disorders, inflammatory conditions, cancers, irritable bowel syndrome, neurological disorders, hematological disorders and cardiovascular diseases.
Global Microbiome Market Segments Include:
By Type: Bacteria, Archaea, Viruses, Other Microbiomes
By Product: Therapeutics, Diagnostics
By Therapeutics End-Use: Infectious Diseases, Gastrointestinal Disorders, Metabolic Disorders, Cancers, Others
By Diagnostics Technology: Genomics, Proteomics, Metabolomics
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the microbiome market, accounting for 56.0% of the total in 2021.
Companies in the microbiome market are strategically partnering and collaborating with other companies to broaden their product portfolios and expand their microbiome therapeutics business.
Major Market Players: Seres Therapeutics, Enterome Bioscience, Ferring Pharmaceuticals, Vedanta BioSciences, Second Genome Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Microbiome Market Report 2022 is one of a series of new reports from The Business Research Company that provides microbiome market overviews, analyzes and forecasts market size, share, microbiome market players, microbiome market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s microbiome market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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