Europe Human Microbiome Market Size, Trends, Application, Share, Revenue, Growth Rate, Key Players, and Forecast To 2029
Market research studies stated in the top notch Europe Human Microbiome Market business report are very thoughtful for the businesses which assist them with the better decision making and develop better strategies about production, marketing, sales and promotion. This industry report brings together comprehensive analysis with exact estimates and forecasts that offers complete research solutions with maximum industry clarity. The report includes CAGR value fluctuations during the forecast period of 2022-2029 for the market. And to give out the clients best in the industry, a team of experts, skilled analysts, dynamic forecasters and knowledgeable researchers work meticulously while crafting the top quality Europe Human Microbiome Market report.
The wide-reaching Europe Human Microbiome Market document consists of all the company profiles of the major players and brands in the market place. In addition, the industry report also brings into the focus new highs that will be made by the HEALTHCARE industry in the forecast period 2022 – 2029. With the market insights provided in the report it becomes easy to gain a more precise understanding of the market landscape, issues that may takes place for the HEALTHCARE industry in the future, and how to position specific brands in the best possible manner. Europe Human Microbiome Market is a promising, client-centric, and consistent market research report which accomplishes client’s business needs.
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Europe human microbiome market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyzes that the market is growing with a CAGR of 19.9% in the forecast period of 2022 to 2029 and is expected to reach USD 618.60 million by 2029.
In March 2020, Optibiotix Health PLC had done LPLDL human intervention study from ProBiotix Health which highlighted promising findings on cholesterol reduction
Microbiome is the genetic material of all the microbes – bacteria, fungi, protozoa and viruses – that live on and inside the human body. The number of genes in all the microbes in one person’s microbiome is 200 times the number of genes in the human genome. The most widely used method of identification of microbiome analysis is 16s rRNA sequencing. Identification and understanding of these microbiotas have led to the application of these microorganisms in the betterment of human health via various products such as probiotics, prebiotics and other associated drugs.
Market Analysis and Insights
Microbiota means the microbial taxa associated with humans and microbiome means the catalog of these microbes and their genes. The aggregation of all the microbiota reside on or within human tissues and bio fluids along with the corresponding anatomical sites in which they reside, including the skin, mammary glands, seminal fluid, uterus, ovarian follicles, lung, saliva, oral mucosa, conjunctiva, biliary tract and others. The human microbiota consists of 10-100 trillion symbiotic microbial cells harbored by each person, primarily bacteria in the gut. The human microbiome consists of the genes these cells harbor.
Europe Human Microbiome Market Dynamics
Increasing prevalence of lifestyle and chronic diseases
Due to global rise of chronic diseases, there is an increase in the demand for effective therapy products which will increase in upcoming years. Therefore, rising incidences are expected to act as a driver for the growth of the market.
Human microbiome therapeutic development for disease treatment
The microbiome contains billions of bacteria, some beneficial or particular to certain diseases. Nevertheless, in additive, subtractive, or modulatory therapy, microbiome therapy seeks to alter the gut microbiota by using natural or artificial bacteria, antibiotics and bacteriophages. The human gut microbiome plays an important role in improving the efficacy of compounds. The combination of microbes gives better results with specific diseases and the link between specific diseases and microbes provides a better opportunity for drug development. So, increase in the therapeutic development for disease treatment will help in the growth of the market.
Furthermore, improved technology advancement, rising initiatives by public and private organizations to spread awareness and growing government funding are the factors that will expand the market.
Rise in healthcare expenditure
Products associated with the human microbiome, such as probiotics, prebiotics, drugs and supplements, are costly. A normal low-income and middle-income family cannot adequately treat gut-related diseases properly. The government is focusing on increasing healthcare expenditure to access available treatments and new products.
Also, the strategic initiatives by key players and rise in healthcare expenditure will provide structural integrity and future opportunities for the market in the forecast period of 2022-2029.
Lack of skilled professionals
However, lack of technology expertise and barriers proving the causal link between dysbiosis and diseases will impede the growth rate of the market. Additionally, difficulty in specific identification and stringent rules and regulations will further challenge the market in the forecast period mentioned above.
Post COVID-19 Impact on Europe Human Microbiome Market
COVID-19 has negatively affected the market. Lockdowns and isolation during pandemics complicate the disease management and medication adherence. The lack of access to healthcare facilities for routine treatment and medication administration will further affect the market. Social isolation increases stress, despair and social support, all of which may cause a reduction in medication adherence during the pandemic.
Some of the major players operating in the Europe human microbiome market are YSOPIA Bioscience, Evelo Biosciences, Inc., OptiBiotix HEALTH PLC, Atlas Biomed Group Limited, LUXIA SCIENTIFIC, Ferring B.V., Merck KGaA, Assembly Biosciences, Inc., Synthetic Biologics, Inc, Enterome, OxThera, Gnubiotics Sciences and Embion Technologies S.A. among others.
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The Europe Human Microbiome Market Scope
Europe human microbiome market is segmented into product, application, technology, type, disease, end users and distributors. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Fecal Microbiota Transplant
On the basis of product, the market is segmented into probiotics, prebiotics, diagnostic tests, drugs, supplements, fecal microbiota transplant and others.
On the basis of application, the market is segmented into therapeutic and diagnostic.
C. Difficile Infection
On the basis of disease, the market is segmented into infectious disease, dermatological disorders, autoimmune disorder, metabolic disorder, gastrointestinal disorders, cancer, mental disorders, C. difficile infection, primary hyperoxyureasolution-phase and others.
On the basis of technology, the market is segmented into genomics, proteomics and metabolomics.
On the basis of type, the market is segmented into small molecule and biologic.
On the basis of end user, the market is segmented into hospital pharmacies, retail pharmacies, online pharmacies, hypermarket/supermarket, clinics and others.
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Europe Human Microbiome Market Regional Analysis/Insights
Europe human microbiome market is analyzed and market size insights and trends are provided by product, application, disease, technology, type, end users and distributor as referenced above.
The countries covered in the Europe human microbiome market report are Germany, U.K., France, Italy and Spain.
Germany dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the increasing healthcare expenditure in Germany, remaining at the highest level among European Union member states, which is further improving the country’s market growth.
The country section of the report also provides individual market impacting factors and changes in regulations in the market that impact the current and future trends of the market. Data points, such as new and replacement sales, country demographics, disease epidemiology and import-export tariffs, are some of the major pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of global brands and their challenges faced due to high competition from local and domestic brands and impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Human Microbiome Market Share Analysis
The Europe human microbiome market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, European presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth and application dominance. The above data points provided are only related to the companies’ focus on the market.
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Europe Vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
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