Microbiome therapeutics are a rapidly growing area within medicine with a range of potential applications. These treatments involve manipulating and strengthening the existing bacteria in a patient’s body to help improve their overall wellbeing. In recent years there has been a considerable growth in investment & research into better ways of manufacturing these products – making it one of the most rapidly developing arenas for medical entrepreneurs. In this article, we will explore what you need to know about the microbiome therapeutic market & how it is continuing to shape the future of medical care on a global scale.
Persistence Market Research estimates that the global market for microbiome therapeutics is expected to surpass US$ 890 Mn by 2025 end, exhibiting an exponential CAGR of 62.9% over 2018–2025. At present there are no marketed microbiome therapeutics in the global market, however, the first drug is expected to be launched in 2018.
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Firstly, there is an increasing focus on developing new materials which have enhanced biocompatibility capabilities – helping reduce irritation within patients & allowing for comfortable long-term usage. On top of this, many companies are now producing tailored versions that provide specialized solutions for different applications such as tanning or skin health – meaning users can benefit from optimized forms tailored according to application-specific needs. Furthermore, numerous organizations have begun offering value added services such as imaging analysis packages or remote control access – helping them remain compliant whilst ensuring data safety is maintained across all facilities.
In addition, there is an increasingly growing demand for single-use systems due to their convenience & cost-effectiveness; providing healthcare workers with a safe solution without needing to worry about sterilization or cross contamination between patients. Furthermore, digital solutions have become commonplace amongst microbiome therapeutic products; users can now efficiently store & transfer data from anywhere in the world – greatly reducing administrative burden & improving communication between providers & patients alike.
Companies
- Microbiome Therapeutics Inc.
- SERES Therapeutics Inc.
- LNC Therapeutics Inc.
- Vedanta Biosciences Inc.
- Enterome SA
- Ferring B.V.
- ViThera Pharmaceuticals Inc.
- Second Genome Therapeutics
- Rebiotix
- Synlogic Inc.
- 4D Pharma Plc.
- Ritter Pharmaceuticals
- AvidBiotics
- Osel Inc.
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Global microbiome therapeutics market study, by indication
Based on indication, the global microbiome therapeutics market has been segmented into
- Type 2 diabetes
- Obesity
- difficile Infection
- Primary hyperoxyurea
difficile infection indication segment is expected to contribute highest share of over 34% by 2025. This high share is expected to be due to early launch and more number of launches of C. difficile microbiome therapeutics in the market.
Some of the other indications for which active microbiome therapeutics clinical trials are going on include gastrointestinal disorders (Crohn’s disease, inflammatory bowel diseases, ulcerative colitis), prevention of preterm birth, immuno-oncology, rare metabolic disorders such as phenylketonuria, urea cycle disorders, lactose intolerance, glioblastoma etc.
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Market Taxonomy
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