Human Microbiome Market to Reach US$ 2.2 Bn by 2028, States TMR Report

ALBANY, N.Y., Feb. 7, 2022 /PRNewswire/ -- Analysts at Transparency Market Research (TMR) expect the global human microbiome market to expand at a CAGR of 7.1% during the forecast period, 2021 to 2028.

Companies in the global human microbiome market are focused on the development of different microbiome therapeutics and diagnostics in order to cater to unmet needs of the medical industry. Hence, many players in the market are seen investing heavily in research projects that can help in providing microbiome-based products for the treatment of CNS disorders, cancer, skin disorders, rare diseases, and women's health disorders. This factor, in turn, is expected to bolster the global human microbiome market in the forecast period.

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Presently, the science of human microbiome is in the nascent stage. Hence, many players in the human microbiome market are using the strategy of collaboration with leading researchers, physicians, and scientists in the sphere in order to gain the advantage of their expertise for their organizational growth. Thus, rise in industry-institute partnerships across the globe is estimated to generate promising growth opportunities in the global human microbiome market during the forecast period.

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Human Microbiome Market: Key Findings

• Due to advancements in metagenomics and next-generation sequencing, the use of microbiome-based testing solutions has become easier. Moreover, these solutions are being made available at cheaper prices. This has resulted in rapid analysis of the genomic content of microorganisms from human sample, thereby strengthening the microbiome-based diagnostics development process, according to a TMR study on the global human microbiome market.
• Players operating in the global human microbiome market are concentrating on the development of platform that allows for easy analysis of different gut health-based diseases, including Crohn's disease and irritable bowel syndrome. As a result, the global human microbiome market is anticipated to gain profitable opportunities in the gastrointestinal and metabolic disorders segment in the upcoming years.
• Enterprises are focusing on offering inclusive data profiles of integral microbiome of an individual being tested. Moreover, several market players are entering into partnership agreements with other companies in order to develop technologically advanced products. This factor is projected to help in the expansion of the metagenomic sequencing segment of the market during the forecast period.

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Human Microbiome Market: Growth Boosters

• Surge in the number of collaborations between companies in order to develop highly advanced therapeutics for the treatment of critical disorders is boosting the growth prospects in the global human microbiome market
• Increase in R&D projects focused on metagenomics and next generation sequencing is projected to play key role in the market growth during the forecast period

Human Microbiome Market: Regional Analysis

• The human microbiome market in North America is prognosticated to maintain its dominant position as well as gain profitable opportunities during the forecast period, owing to ongoing clinical trials focused on microbiome projects, increasing investments in R&D projects, technological advancements, and strict governmental regulations in the region
• Europe is projected to hold the second largest share of the human microbiome market during the forecast period due to crucial contribution of players in microbiome research and diagnostics

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Human Microbiome Market: Key Players

Some of the key players profiled in the report are:

• Enterome Biosciences SA
• AOBiome
• Microbiome Therapeutics LLC
• Metabiomics Corp. (BioSpherex LLC)
• Rebiotix, Inc.
• Osel, Inc.
• Seres Therapeutics
• Second Genome
• Vedanta Biosciences
• Synthetic Biologics, Inc.
• Ferring Pharmaceuticals
• 4D Pharma

Human Microbiome Market Segmentation

Indication 

• Gastrointestinal & Metabolic Disorders
• Women's Health
• Cancer
• Others

Technology         

• 16s rRNA Sequencing
• Metagenomic Sequencing

Therapeutic Area         

• Gastrointestinal Disorders
• Metabolic Disorders
• Women's Health
• Skin Disorders
• Others

Region       

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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