Human Microbiome Market To Witness Exponential Growth With USD 1,597 Mn Earnings By 2028

30-Nov-2021 | Zion Market Research

According to findings of Zion Market Research study, Human Microbiome industry accumulated revenue of nearly US$ 750 million in 2020 and is anticipated to garner earnings of nearly US$ 1,597 million by 2028. Moreover, Human Microbiome market is prognosis to record CAGR of nearly 9.40% in 2021-2028. Furthermore, growth of human microbiome market over assessment period is subject to high focus on human microbiome therapeutics development. In addition to this, development of human-microbiome-based clinical trials for detecting disease at initial phase will steer expansion of human microbiome industry. Furthermore, surge in funding activities and favorable government initiatives along with increase in efforts made by pharma firms for developing pharma medicines will augment human microbiome industry. Apart from this, increase in aging population and prominent rise in capital funding in research activities carried out by biotech & biopharmaceutical firms will steer elevation of human microbiome industry in ensuing years.

Therapeutics Segment To Dominate Application Landscape Over 2021- 2028

Human microbiome therapeutics has been utilized immensely while treating crohn’s disorder, COVID-19 ailment, diabetes, c. difficile infection, and inflammatory bowel disease. Additionally, growing efforts made by pharma firms for developing new medicines is predicted to favorably leverage growth of segment over ensuing years.

North America To Make Lucrative Contributions Towards Overall Market Size By 2028

Expansion of human microbiome industry in North America over assessment period can be owing to surge in cases of lifestyle-related ailments as well as auto-immune disorders. Additionally, presence of robust drug pipeline can be credited to lucrative growth of regional market over forthcoming years. Reportedly, in 2019, Canadian government allocated funds worth USD 18.1 million for microbiome research activities pertaining to diabetes, childhood asthma, malnutrition, cervical cancer, and inflammatory bowel disease.

Key players leveraging growth of human microbiome market and profiled in study are Rebiotix, Inc., uBiome, Inc., Osel, Inc., Enterome Biosciences, OBiome LLC, Vedanta Biosciences, Seres Therapeutics, Second Genome, Metabiomics Corp., and Synthetic Biologics, Inc. 

Browse the full Human Microbiome Market - By Product (Probiotics, Prebiotics, Medical Foods, And Supplements), By Application (Therapeutics And Diagnostics) And By Disease Type (Obesity, Diabetes, Autoimmune Disorder, Metabolic & Gastrointestinal Disorders, And Cancer): Global Industry Perspective, Comprehensive Analysis And Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/human-microbiome-market

The global Human Microbiome Market is segmented as follows:

By Product

  • Probiotics
  • Prebiotics
  • Medical Foods
  • Supplements

By Disease Type

  • Obesity
  • Diabetes
  • Autoimmune Disorder
  • Metabolic & Gastrointestinal Disorders
  • Cancer

By Application

  • Therapeutics
  • Diagnostics

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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