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Global human microbiome market Likely to Experience a Tremendous Growth in Near Future|| Yakult, DuPont de Nemours, Inc., Metabiomics Corporation, ViThera Pharmaceuticals, Inc

08-21-2020 11:07 AM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global human microbiome market

Global human microbiome market

This Global human microbiome market report makes available statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. By understanding client’s requirements precisely and following them firmly, this market research report has been structured. This report studies market attributes, industry structure, and competitive scenario, the problems, desire concepts, together with business strategies, market effectiveness, investment research and new business challenges. In the Global human microbiome market report, the complete and crystal clear outline of the Global human microbiome market is penned down which is useful for many businesses.

The human microbiome is the absolute measure of all microbiota which are residing in human tissues and bio fluids together with the corresponding anatomical sites in which they reside such as uterus, ovarian follicles, saliva, mammary glands, gastrointestinal, and other. Some of the common types of the human microbiota are viruses, fungi, and bacteria. Such human microbes are so common in the body that they contribute between 2-3 kg. Most human microbiota members benefit people by providing them with features they would otherwise not acquire. Some of the microorganisms in the human microbiota are linked with pathogenic organisms or has the capability to be pathogenic.

Global human microbiome market is expected to rise by 2026, registering a healthy CAGR of 28.2% in the forecast period of 2019-2026. This rise in the market can be attributed to the rise in the advanced technology, increase in the aging population and rise in incidence of chronic diseases.

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Few of the major market competitors currently working in the global human microbiome market are ENTEROME, Yakult, DuPont de Nemours, Inc., Metabiomics Corporation, ViThera Pharmaceuticals, Inc., Second Genome Inc., MICROBIOME THERAPEUTICS LLC, Vedanta Biosciences, Inc., Osel, Inc., Merck Sharp & Dohme Corp, Seres Therapeutics, Synthetic Biologics, Inc, Synlogic, MICROBIOME THERAPEUTICS, LLC, 4D pharma plc, Metabogen AB, Ritter Pharmaceuticals, Symberix, Symbiotix Biotherapies, Inc, among others.

Some of the factors responsible for the growth of Human Microbiome Market are:

Rise in incidence of chronic diseases: Chronic diseases are those conditions which are usually not cured by any medication or vaccination. They usually last for more than 3 months and usually get worse with the time duration. They are very common in aging population. Some of the common types of the chronic diseases are stroke, diabetes, cancer, heart diseases, and other. The main factors responsible for the chronic diseases are unhealthy lifestyle, excessive alcohol consumption, poor nutrition and diet intake, among others
Increase in the aging population: The population of the world is aging due to an increase in life expectancy and a decline in fertility. It has been found that people above 50 are facing many chronic diseases such as hypertensions, asthma, diabetes, strokes among others. The main factor due to which the market is experiencing this growth trend is the prevalence of different chronic diseases associated with the aging population. This prevalence is directly affecting the market adoption for human microbiome and its commercialization in the market as these organisms have a significant impact on the treatment of these chronic diseases

The global human microbiome market is segmented on the basis of product as probiotics, prebiotics, medical foods, supplements, & others; application as therapeutics, & diagnostics and disease type as obesity, diabetes, autoimmune disorder, metabolic & gastrointestinal disorders, cancer, and other diseases.

Key Developments in the Market:

In April 2018, Ferring Pharmaceuticals announced the acquisition of Rebiotix Inc. The acquisition would help Ferring Pharmaceuticals in the ongoing microbiome research as well strengthen their innovative product pipeline.
In January 2016, Enterome Bioscience SA and Takeda Pharmaceutical Company Ltd collaborated with a purpose to develop drug for therapeutics in gastrointestinal disorders by targeting microbiome as approach. The research and development would help in bringing new therapies to patients.

Competitive Analysis:

Global human microbiome market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Global human microbiome market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Some of the launches and acquisitions in the Human Microbiome Market are:

In January 2019, OraSure Technologies announced the acquisition of CoreBiome of Minnesota and Novosanis of Belgium. This acquisition will help the company enhance their molecular collection products business. With the acquisition of CoreBiome, the company will be able to enhance their research needs for microbiome, catch new segments and extend their leading position in this competitive market and with Novisanis they will be adding new products to their Oragene DNA and RNA collection devices portfolio. Both these acquisitions will help the company to strengthen their market position and enhance their product portfolio
In April 2018, Ferring Pharmaceuticals announced the acquisition of Rebiotix Inc. This acquisition enhances their technology platform and enhances their ongoing research on microbiomes and collaborations with leading international organizations in this area. This will also help the company to increase their R&D abilities

“According to Data Bridge Market Research, global human microbiome market is set to witness a healthy CAGR of 28.2% in the forecast period of 2019- 2026”

Increasing demand for new drugs for fecal microbiota will drive the market growth. They are widely used for the early disease detection and diagnosis is also expected to accelerate the market demand for human microbiome. There is also rising focus towards the human microbiome therapy development which will also create a positive impact on this market. These are some of the prominent factors which will enhance human microbiome demand in the market.

Reasons to Purchase this Report

Current and future of global human microbiome market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Contact:

Data Bridge Market Research

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UK: +44 208 089 1725

Hong Kong: +852 8192 7475

Email @ Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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