Uploaded on Aug 16, 2022
Gastrointestinal and metabolic disorders are likely to capture the leading share of the diagnostics market in 2020, owing to rise in focus of companies toward developing an easy analysis platform for gut health-based disorders, such as irritable bowel syndrome and Crohn’s disease.
Human Microbiome Market to Witness Widespread Expansion by 2028
Human Microbiome Market: Introduction
According to the report, the global human microbiome market was valued at US$ 1.3 Bn in
2020 and is projected to expand at a CAGR of 7.1% from 2021 to 2028. Microbiome is the
genetic component of the entire range of microorganisms, including bacteria, fungi, protozoa,
and viruses, which live inside and on the human body. The beneficial bacteria present in the
microbiome assist the digestion of food, regulation of the immune system, and protection
against other disease-causing bacteria.
This ability is being harnessed by start-ups and companies in the microbiome-based
therapeutics market to create drugs aimed at treating conditions, which have been shown to
have a link with imbalance in the microbiome. The human microbiome market has been
analyzed by studying it as two individual markets, the microbiome-based diagnostics market
and the microbiome-based therapeutics market.
Request a PDF Brochure
- https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3999
Mergers & Acquisition and Innovation among Key Players to Drive Global Market
In August 2020, Seres Therapeutics announced the success of its flagship product SER-109 in
the phase 3 trail. SER-109 treatment is likely to reduce the risk of gastrointestinal infection
caused by Clostridium difficile. In May 2020, Rebiotix and Ferring Pharmaceuticals announced
positive result from the preliminary phase 3 data from fecal microbial transplantation product
RBX2660.
In June 2020, Debiopharm and Takeda Pharmaceutical Company entered into partnership to
develop the microbiome therapeutics for the treatment of the IBD and other gastrointestinal
diseases. In April 2020, Second Genome and Gilead Sciences, Inc. entered into partnership to
identify the biomarkers for Gilead clinical candidates & drug targets for IBD. Moreover, in
February 2020, Enterome partnered with the BIOASTAR Institute to explore the microbiome
derived cancer immunotherapies. In November 2019, Finch extended its partnerships with
Takeda for developing microbiome-based therapeutics by utilizing Finch human first discovery
platform
Request for Custom Research -
https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=3999
Increase in Research & Development Activities in Metagenomics and Next-generation
Sequencing Render Microbiome-based Testing Easier and Cheaper
Advances in metagenomics and next-generation sequencing have made microbiome-based
testing easier and cheaper, paving the way to carry out rapid analysis of the genomic content of
microorganisms from human sample. This has strengthened the development process for
microbiome-based diagnostics.
Gastrointestinal and metabolic disorders are likely to capture the leading share of the
diagnostics market in 2020, owing to rise in focus of companies toward developing an easy
analysis platform for gut health-based disorders, such as irritable bowel syndrome and Crohn’s
disease.
For instance, Metabiomics is developing molecular diagnostics for detecting markers of
colorectal cancer. Existing tests for colorectal cancer rely on invasive colonoscopies. Hence, the
non-invasive test developed by Metabiomics (which uses a stool sample to evaluate patient’s
gut microbiome) will be a unique opportunity for the company to excel in a market having huge
unmet needs.
Request a Sample of Human Microbiome Market:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3999
Metagenomic Sequencing Segment to Grow at High Rate
In terms of technology, the global human microbiome market has been bifurcated into
metagenomic sequencing and 16s rRNA sequencing. The metagenomic sequencing segment is
likely to expand at a higher CAGR from 2021 to 2028. Growth of the segment can be attributed
to the preference of start-ups in providing comprehensive data profiles of the inherent
microbiome of the individual being tested. Rise in investments by companies and partnerships,
which provide unique opportunity for companies to offer technology-driven products in the
market is anticipated to propel the segment during the forecast period.
GI & Metabolic Disorders Segment to Dominate Human Microbiome Market
Based on indication, the global human microbiome market has been classified into
gastrointestinal & metabolic disorders, women’s health, cancer, and others. The
gastrointestinal & metabolic disorders segment dominated the global market in 2020 and the
trend is projected to continue during the forecast period. The segment is driven by focus on
these diseases by leading companies in the market. uBiome, a market leader in the microbiome
diagnostics market, recently launched SmartGut for microorganisms associated with several
common gut symptoms such as Crohn’s disease and ulcerative colitis.
The growth of the segment can be attributed to high number of microbiome diagnostic
companies and ease of non-invasive testing provided by this method.
Enquiry before Buying Human Microbiome Market Report -
https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=3999
North America to Dominate Global Market
In terms of region, the global human microbiome market has been segmented into North
America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America
dominated the global human microbiome market in 2020, followed by Europe. North America is
likely to dominate the human microbiome market, attributed to rise in investments in research
& development, ongoing clinical trials for conducting microbiome projects, stringent
governmental regulations, and technological advancements. Large number of programs in
clinical stage in North America and increase in awareness about the concept of microbiome-
based therapies are few driving factors for the regional growth of the market.
Europe is likely to account for the second-largest share of the global human microbiome market
during the forecast period, owing to prominent contribution of companies in the microbiome
research and diagnostics. Most of the therapies in the pipeline is anticipated to be first released
in the region. This is likely to propel the human microbiome market in Europe during the
forecast period.
Competition Landscape
The global human microbiome market is consolidated in terms of number of players. Key
players in the global market include AOBiome, Enterome Biosciences SA, Metabiomics Corp.
(BioSpherex LLC), Microbiome Therapeutics LLC, Osel, Inc., Second Genome, Seres
Therapeutics, Synthetic Biologics, Inc., Vedanta Biosciences, 4D Pharma, and Ferring
Pharmaceuticals
More Trending Reports by Transparency Market Research:
Single-Cell Analysis Market- https://www.transparencymarketresearch.com/single-cell-
analysis-market.html
Coagulation Testing Market- https://www.transparencymarketresearch.com/coagulation-
testing-market.html
HER2 Antibodies Market- https://www.transparencymarketresearch.com/her2-antibodies-
market.html
Culture Media Market- https://www.transparencymarketresearch.com/culture-media-market-
media.html
Cell Expansion Market- https://www.transparencymarketresearch.com/cell-expansion-
market.html
Genomics Personalized Health Market-
https://www.transparencymarketresearch.com/personalized-genomics-market.html
Europe Molecular Diagnostics Market-
https://www.transparencymarketresearch.com/europe-molecular-diagnostics-market.html
Medical Microbiology Testing Technologies Market-
https://www.transparencymarketresearch.com/microbiology-testing-technologies-market.html
About Us
Transparency Market Research, a global market research company registered at Wilmington,
Delaware, United States, provides custom research and consulting services. The firm scrutinizes
factors shaping the dynamics of demand in various markets. The insights and perspectives on
the markets evaluate opportunities in various segments. The opportunities in the segments
based on source, application, demographics, sales channel, and end-use are analysed, which
will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking
insights for thousands of decision-makers, made possible by experienced teams of Analysts,
Researchers, and Consultants. The proprietary data sources and various tools & techniques we
use always reflect the latest trends and information. With a broad research and analysis
capability, Transparency Market Research employs rigorous primary and secondary research
techniques in all of its business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit
subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-
TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: [email protected]
Comments