Human Microbiome Based Drugs and Diagnostics Worldwide: Market Dynamics and Trends, Efficiencies Forecast 2023

Human microbiome drugs and diagnostics basically involves the use of microorganisms of human body for the treatment of diseases. The modern approach involves exploiting the interaction between humans and the bacteria that live in or on the body to develop new drugs and therapies to treat chronic diseases such as diabetes. These microbiomes derived drugs help the physician in better diagnosis of the illness. The emergence of healthcare cum technology devices have addressed the increasing needs for better therapeutics. The technologically advanced human microbiome drugs and diagnostics have surmounted the conventional methods in terms of reducing the side effects caused due to the excessive use of antibiotics.
The key players of this market include Second Genome Inc., Enterome Bioscience, Yakult, DuPont, Vedanta BioSciences, Metabiomics Corporation, ViThera Pharmaceuticals, MicroBiome Therapeutics LLC, Osel and Merck.

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Rising cases of chronic diseases such as diabetes, disorders at early stage and the ability of the drugs to diagnose them and increased awareness among people to maintain healthy lifestyle is driving the growth of this market. Besides, rise in geriatric population, increasing expenditure on healthcare and growing demand for effective procedures and safe medication are expected to further fuel the market growth. However, lack of awareness about the health benefits of probiotics and prebiotics coupled with unfavorable government regulations have restricted the growth of the market in developing regions.

Contemplating its segmentation, the market is divided on the basis of product, application, disease, and geography. On the basis of research spending market, human microbiome is segmented by product and technology type. By product, market is segmented into food, probiotics, prebiotics, medical food, diagnostic devices, drugs and other probiotic supplements. The human microbiome based drugs and diagnostics market is segmented on the grounds of application type into therapeutics and diagnostics. On the basis of disease market is divided into acute diarrhea, obesity, diabetes, autoimmune disorders, cancer, mental disorders and other diseases.

Geographically the demand of human microbiome drugs and diagnostics market is in North America, Asia Pacific, Europe and LAMEA. Considering the market segmentation by research spending, human microbiome market is divided by product and technology. By product type market is divided into instruments and consumables. By instruments the market can be further segmented as laboratory instruments and analyzers and by consumables it can be divided into kits and reagents. By technology the market is segregated into cell culture technology, high throughput technology, omics technology and computational tools.

Strategies such as collaboration and agreement have been adopted by the companies for market growth. Enterome signed an agreement with Vertex pharmaceuticals Inc. (April 2016) to develop small molecules FimH anatgonists to treat inflammatory bowel disease. Besides, Second genome and Mayo clinic entered a partnership (October 2014) to develop therapeutics products for microbiome mediated pathways.

KEY MARKET BENEFITS:

• The projections in the report are made by analyzing the current market trends and future market potential for the period of 20152022 in terms of value.
• The report analysis the segmentation of the human microbiome drugs and diagnostics market on the basis of product, application and geography.
• Analysis of the examination of the factors that curtail and bolster the market trends for human microbiome drugs and diagnostics market for example increased cases of chronic diseases aid the market growth.
• The various players, leading companies their collaboration and their strategies to evolve the market growth rate.
• Region wise and country wise human microbiome drugs and diagnostics market conditions are comprehensively analyzed in this report.

HUMAN MICROBIOME BASED DRUGS AND DIAGNOSTICS MARKET

SEGMENTS:

By Product

• Food
• Probiotics
• Prebiotics
• Medical Food
• Diagnostic Devices
• Drugs
• Other Probiotic Supplements

By Application

• Therapeutics
• Diagnostics

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