Press release
Microbiome Market Report 2020-2030 | Covid 19 Impact And Recovery
Microbiome Market
The global microbiome market is expected to decline from $0.34 billion in 2019 to $0.27 billion in 2020 at a compound annual growth rate (CAGR) of -20%. The decline is mainly due to the focus on Covid-19 outbreak and its treatment across the globe, resulting in patients of other illnesses delaying their episodes of care. The market is then expected to recover and reach $0.58 billion in 2023 at a CAGR of 14%.
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The microbiome market consists of sales of bioactive molecules and related products which are used as immunotherapeutic agents in pharmaceuticals industry. The microbiome market is primarily engaged in the development and sales of these bioactive products which are used as immunotherapy for a wide variety of conditions such as infectious diseases, endocrine & metabolic disorders, inflammatory conditions, cancer, irritable bowel syndrome, neurological disorders, hematological disorders and cardiovascular disease as well.
The increased number of lifestyle diseases such as diabetes, cancer, depression and many others in the historical period has positively affected the microbiome market. Lifestyle changes influences the micro flora internally at every stage of life leading to lifestyle diseases and thus altering the microbiome can help in minimizing these lifestyle diseases. Worldwide from 1975 the obesity population has nearly tripled and now 30% of the population is obese. In recent studies, Fecal Microbiome Transplantation has shown beneficial results in treating patients with obesity and also diabetes. Thus, increasing lifestyle changes which lead to lifestyle diseases help drive the growth of this market.
Microbiome Market Segmentation: -
By Type
Shotgun
Targeted Gene
RNA
Whole-genome
Others
By Application
Personalized medicines
Therapeutics
Genetic screening
Drug discovery
Biomarker discovery
Others
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Few Points From Table Of Content
1. Executive Summary
2. Microbiome Market Characteristics
3. Microbiome Market Size And Growth
4. Microbiome Market Segmentation
5. Microbiome Market Regional And Country Analysis
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.
.
25. Microbiome Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Microbiome Market
27. Microbiome Market Trends And Strategies
28. Microbiome Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Microbiome Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Microbiome Market are Enterome Bioscience, Vedanta Biosciences Inc., Osel Inc., Synlogic Inc., Second Genome, Seres Therapeutics, Synthetic Biologics Inc., uBiome, Inc., Metabiomics Corporate, Rebiotix Inc.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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