| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 86.73 Million | USD 191.8 Million | 8.26% | 2024 |
FrequentlyAsked Questions
The global bacteriophage therapy market is expected to grow due to rising prevalence of antibiotic-resistant bacteria, increasing research and development activities, growing investments in healthcare infrastructure.
According to a study, the global bacteriophage therapy market size was worth around USD 86.73 Million in 2024 and is expected to reach USD 191.8 Million by 2034.
The global bacteriophage therapy market is expected to grow at a CAGR of 8.26% during the forecast period.
North America is expected to dominate the bacteriophage therapy market over the forecast period.
Leading players in the global bacteriophage therapy market include Microgen (U.S.), Micreos (Netherlands), ATCC (U.S.), Intralytix Inc. (U.S.), Adaptive Phage Therapeutics (U.S.), Armata pharmaceuticals Inc. (U.S.), LOCUS BIOSCIENCES Inc. (U.S.), Delmont Laboratories Inc. (U.S.), Nextbiotics (U.S.), Pherecydes Pharma (France), iNtODEWORLD. Inc. (U.S.), Enbiotix (U.S.), Fixed-Phage Limited (U.K.), Cytophage Technologies Inc. (Canada), Eliava Bio Preparations LTD (Georgia), Phagelux Inc. (China), InnoPhage, Ltd (Hong Kong), TechnoPhage (Portugal), Eligo Bioscience SA (France), BiomX Ltd. (Israel), among others.
The report explores crucial aspects of the bacteriophage therapy market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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