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Global bacteriophage market

11-08-2021 04:46 PM CET | Health & Medicine

Press release from: Accurize Market Research

Global bacteriophage market is anticipated to foresee a compound annual growth rate of 8.1% from 2021 to 2028.

Global bacteriophage market is anticipated to foresee a compound annual growth rate of 8.1% from 2021 to 2028.

Global bacteriophage market is anticipated to foresee a compound annual growth rate of 8.1% from 2021 to 2028. Bacteriophage also known as Phage or phage therapy are engineered viruses which are further used to infect and destroy bacteria. Bacteriophage can be used as an alternative of antibiotics as they are much more specific and harm only the bacteria, not the host organism. Overuse of antibiotics exceedingly affects the human body which results in antibiotic resistance and bacteriophage are seen as an alternative for antibiotics; thereby expected to witness robust growth during the forecast period. Molecular biology and biotechnology have also started using bacteriophage in their researches extensively.

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Clinical preliminaries of bacteriophage to fix illness, such as HIV Infection, Wound Infections, Acute Tonsillitis, Venous Leg Ulcers, Urinary Tract Infection Bacterial, Primary Immune Deficiency Diseases, Bacterial Infections, Covid19, Tuberculosis, Cystic Fibrosis, Mild Gastrointestinal, and Prostate Cancer are being directed in future, bacteriophage therapy could supplant antibiotic therapies of these diseases. Bacteriophage treatments are still under clinical preliminaries and company pipelines, henceforth it can’t be professed to be altogether solid. Researchers across the globe are expecting that conventional utilization of anti-infection agents would be supplanted by modernized bacteriophage treatments. Use of phage therapy in the food and beverage industry, antibiotics resistance, hike in the prevalence of food borne diseases, presence of novel pipeline drugs, hike in the healthcare expenditure are some of the key factors driving the global bacteriophage market.
The global bacteriophage market is segmented on the basis of – Bacteria, Type and Application. Bacteria segment is further classified into Salmonella, Streptococcus, Escherichia Coli. and others. Escherichia Coli is expected to be one of the major bacteria segment expected to foresee robust growth during the forecast period. The Type segment is further sub-segmented into Oral, External Application and Surgical Treatment. Application is further classified into Human Medicine, Veterinary Science and Agriculture.
Bacteriophage market Outlook – North America dominates the global bacteriophage market.
Based on Geography, the global bacteriophage market is segmented into North America, Europe, Asia-Pacific (APAC), South America and Middle East &Africa (MEA). Currently, North America dominates the global bacteriophage market. North America and Europe are main markets, they occupy 60% of the global market. By Application, Animal Health segment holds more than 50% of the shares.

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Prominent players of the global bacteriophage market:
Enbiotix, SNIPR BIOME, Phage International,Phage Therapeutics, Microgen Russia, BiomX (MBcure Ltd.), AmpliPhi Biosciences, PherecydesPharma, Armata Pharmaceuticals, Inc. Adaptive Phage Therapeutics, ContraFect Corporation, Micreos BV, Fixed-phage Ltd, MicroPhageInc, EliavaBiopreparations Ltd., TechnoPhage, Eligo Bioscience, Phagelux, Enbiotix, InnoPhage, iNtODEWorld, Intralytix, Locus Biosciences and Phagomed among others are some of the prominent players operating in the market.
Highlights of the Report:
• An extensive report on Global Bacteriophage Market (Market Size: 2019 – 2028; Forecast Years: 2021 – 2028)
• Segmentations by Bacteria, by Diseases, by Application and by Geography Covered
• List of Phage Therapy/ Bacteriophage Pipeline Covered
• Human Bacteriophage Diseases and Bacteria by Region (US, Europe, APAC and Rest of the World) Covered
• Comprehensive & Complete analysis of market dynamics including growth factors, restraining factors and opportunities will be provided in the report.
• An exhaustive regional and country wise analysis of global bacteriophage market has been covered in the report.
• Profile of the major key players operating in the global bacteriophage market will be provided, with a detailed study on their key financials, product & services, new developments, and business strategies.

Rakesh K Singh
Head - Business Development
Patna Office (Asia):
K-129, PC Colony, Hanuman Nagar, Kankarbagh, Patna,
PIN - 800020
Tel: +1-339-368-6383/ +91-9665120699

About Accurize Market Research-
Accurize Market Research (AMR) is a full-service market research and business-consulting company which provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.” Destined by the dedicated team of analysts and experts, we are envisioned to provide you our best in order to plan your next strategic across several industry verticals.
We at Accurize Market Research provide syndicated as well as customized reports across domains namely Consumer Goods, Food & Beverages, Manufacturing, Medical Devices, Mining Equipment, Automation, Manufacturing, Healthcare & Medical, and Defense & Aerospace, Semiconductor & Electronics, Construction, Information and Communication, Construction, Banking, Financial Services and Insurance (BFSI), and Energy among others. These industry vertical areas are further studied and analyzed across different geographies namely North America, Europe, Asia Pacific and Rest of the World (RoW). The countries across these major geographies are also covered under the scope of our study; such as the U.S., Mexico and Canada under North America; UK, Germany, Russia, Germany and France among others under Europe. Similarly, China, India, Taiwan, South Korea, Australia, Singapore and Japan among others are covered under Asia Pacific. Rest of the World (RoW) includes South & Central America, Middle East and Africa. Further, as per the scope countries across South & Central America, Middle East and Africa would also be studied separately under the scope of the report.
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