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

- Companies operating in the human microbiome market are focusing on the development of treatment solutions for metabolic and gastrointestinal disorders

- Increase in unmet needs of the global medical industry and rise in investments in R&D projects in the industry are expected to fuel the expansion of the global human microbiome market

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Transparency Market Research

Feb 07, 2022, 05:30 ET

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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