Categories
Pharmaceutical

Global Bacteriophage Market Is Projected To Expand At A CAGR Of Over 4% Through 2030

Emergence of multi-drug-resistant pathogens, as a result of huge application of antibiotics over a long time, is growing, and becoming increasingly difficult to treat. Bacteriophage technologies have therefore begun to garner great interest as alternatives to antibiotics. Rising prevalence of antimicrobial resistance and limited new antibiotic discoveries and development have sustained innovation and led to a renewal of interest in bacteriophages.

Advantages of phage therapy along with probiotics are gaining importance in the treatment of antibacterial-resistant infections, and demand is expected to grow over the next few years. Currently, players operating in the bacteriophage market are concentrating on meeting the needs of health professionals and patients by introducing novel phage therapies, and are investing in the development of advanced bacteriophage platforms.

As per Fact.MR’s analysis, the global bacteriophage market was valued at around US$ 39 Mn in 2019, and is projected to expand at a CAGR of over 4% through 2030.

For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=5558

Bacteriophage Market Segmentation

By Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Latin America
  • Oceania
  • Middle East & Africa

By Application

  • Gastroenterology
  • Respiratory Infection Treatment
  • Skin Infection Treatment
  • Wound Prophylaxis
  • Urogenital Infection Treatment
  • Others

Get Customization Copy of this Report – https://www.factmr.com/connectus/sample?flag=RC&rep_id=5558

Essential Takeaways from the Bacteriophage Market Report

  • Comparison of prominent players operating in the Bacteriophage Market.
  • Recent developments and key strategies adopted by market players.
  • Study of the micro and macro-economic growth indicators.
  • Impact of the various factors on the value chain of the Bacteriophage Market.
  • Growth opportunities for emerging market players in various regional markets.
  • Current trends influencing the scenario of the Bacteriophage Market.

Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=5558

Important queries related to the Bacteriophage Market addressed in the report:

  1. Who are the most prominent players in the Bacteriophage Market?
  2. What are the factors that are likely to hinder the growth of the Bacteriophage Market during the forecast period (2021-2031)?
  3. Why is the concentration of tier-1 companies high in specific region?
  4. How are the soaring prices of raw materials impacting the demand for keyword?
  5. Why are market players eyeing opportunities in particular region?

Why Choose Fact.MR

  • One of the most established market research companies in India
  • Round the clock customer support for clients across the globe
  • Tailor-made reports available without additional costs
  • Analysis of markets in over 150 countries
  • Data collected from credible primary and secondary sources

For More Insights- https://www.einpresswire.com/article/556866054/sun-control-window-films-market-automotive-applications-to-garner-one-third-market-share

About Fact.MR        

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Categories
Pharmaceutical

Bacteriophage Market Forecast and Trends Analysis Research Report 2020 to 2030

A latest publication by Fact.MR on the global bacteriophage market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2020-2030.

Increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare system. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups. Sales of Bacteriophage devices are soaring rapidly.

The Demand analysis of Bacteriophage Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Bacteriophage Market across the globe.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=5558

Key Market Segments

  • Product
    • Phage Probiotics
    • Phage Therapeutics
  • Route of Administration
    • Oral
    • Topical
    • Others
  • Application
    • Gastroenterology
    • Respiratory Infection Treatment
    • Skin Infection Treatment
    • Wound Prophylaxis
    • Urogenital Infection Treatment
    • Others
  • Distribution Channel
    • Retail Pharmacies
    • Hospital Pharmacies
    • Online Pharmacies
  • Region
    • North America
    • Latin America
    • Europe
    • South Asia
    • East Asia
    • Oceania
    • The Middle East and Africa

Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

The Market survey of Bacteriophage offers a comprehensive analysis of diverse features, including production capacities analysis of Bacteriophage, demand, product developments, revenue generation, and Size of Bacteriophage Market across the globe.

Need More information about Report Methodology? Click here:-https://www.factmr.com/connectus/sample?flag=RM&rep_id=5558

Some Notable Offerings by Fact.MR Report on Bacteriophage market:

  • We will provide you an analysis of the extent to which this Bacteriophage market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Report Benefits & Key Questions Answered

  • Bacteriophage Category and segment level analysis: Fact MR offers detailed analysis of the factors influencing the sales prospect across key segments. Bacteriophage category analysis provides deep insights into customer experiences, emerging trends and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.
  • Bacteriophage Manufacturing trend analysis: A key aspect of the study is comprehensive Bacteriophage manufacturing trend analysis. These insights provide vital information on how market players are coping with latest trends that are prevailing in the market.
  • Innovation and acquisition activity in Bacteriophage: The report highlights in detail the various organic and inorganic strategies adopted manufacturers in order to gain a competitive edge in Bacteriophage market. Adoption of various technologies are being discussed in detail.
  • Bacteriophage demand by country: The report forecasts the country wise demand for Bacteriophage between 2021 and 2031. By analyzing this section of the report, Bacteriophage manufacturers can accordingly invest in those regions where the demand is on the rise.
  • Post COVID consumer spending on Bacteriophage: The Fact.MR market survey also highlights the impact of COVID-19 on medical devices industry. These insights provide vital information on how market players are executing their manufacturing strategies to coup with the COVID-19 pandemic.

Some of the Bacteriophage Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Bacteriophage and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Bacteriophage Market .
  • Insights about adoption of new technologies and its influence on the Bacteriophage market Size.
  • Overview of the impact of COVID-19 on Bacteriophage Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Bacteriophage Market during the forecast period.

To get all-in insights on the regional landscape of the Bacteriophage Market, Buy Now:-https://www.factmr.com/checkout/5558

Technological Innovation in Medical Devices Revolutionizing the Healthcare System

The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.

The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.

Increasing investments by public and government bodies inhealthcare sector is positively impacting the Bacteriophage market. Governments across the globe are introducing various initiatives to strength the medical device sector with major emphasis on research and development (R&D).

Bacteriophage manufacturing companies and healthcare service providers have started offering personalized patient care and access to complete end-to-end medical device products and services. They are focusing on developing and enhancing product prototyping and minimizing operation cost.

With the onset of COVID-19 pandemic the sales of Bacteriophage witnessed a huge upsurge and the trend is likely to continue in the future.

After reading the Market insights of Bacteriophage Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Bacteriophage market revenue.
  • Study the growth outlook of Bacteriophage market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Bacteriophage market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Bacteriophage Market Players.

Read More Trending Reports of Fact.MR: – https://www.biospace.com/article/breast-cancer-diagnostics-market-sales-set-to-grow-by-4-7-percent-to-surpass-us-2000-mn-by-2022-end-fact-mr

How Fact.MR Assists in Making Strategic Moves For Bacteriophage Market Manufacturer?

  • The data provided in the Bacteriophage market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

More Related Reports by Fact.MR On Healthcare Sector: 

Veterinary Endodontics Market :_Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Therapeutic Support Surface Market:- Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Computer-Assisted Orthopedic Surgery Market :-Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Visit Our Website: https://www.factmr.com

Categories
Pharmaceutical

What is the Regulatory Impact on Global Sales of Bacteriophages

Emergence of multi-drug-resistant pathogens, as a result of huge application of antibiotics over a long time, is growing, and becoming increasingly difficult to treat. Bacteriophage technologies have therefore begun to garner great interest as alternatives to antibiotics. Rising prevalence of antimicrobial resistance and limited new antibiotic discoveries and development have sustained innovation and led to a renewal of interest in bacteriophages.

Advantages of phage therapy along with probiotics are gaining importance in the treatment of antibacterial-resistant infections, and demand is expected to grow over the next few years. Currently, players operating in the bacteriophage market are concentrating on meeting the needs of health professionals and patients by introducing novel phage therapies, and are investing in the development of advanced bacteriophage platforms.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=5558

As per Fact.MR’s analysis, the global bacteriophage market was valued at around US$ 39 Mn in 2019, and is projected to expand at a CAGR of over 4% through 2030.

Key Takeaways from Bacteriophage Market Study

  • Phage probiotics to account for over 95% market share in 2020.
  • Gastroenterology is the most lucrative application segment, and holds nearly 94% of the market share.
  • North America and Europe collectively hold over tow-third of the global market share, owing to technological advancements and increasing research & development activities across these regions.
  • Retail and hospital pharmacies to account for over 80% value share through 2030.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=5558

  • The COVID19 pandemic has resulted in a temporary pause of all non-essential and elective procedures. Pharmaceutical manufacturers have been severely impacted, with companies reporting a significant drop in revenue due to supply chain crisis.

Key Market Segments

Product

  • Phage Probiotics
  • Phage Therapeutics

Route of Administration

  • Oral
  • Topical
  • Others

Application

  • Gastroenterology
  • Respiratory Infection Treatment
  • Skin Infection Treatment
  • Wound Prophylaxis
  • Urogenital Infection Treatment
  • Others

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/5558

Strategic Partnerships and Funding by Manufacturers for Development of Phage Therapeutics

Pharmaceutical companies are collaborating with a collective goal to foster innovation by working with biotech firms and companies, governments, and market stakeholders, to enable supportable investments into a novel pipeline of bacteriophage therapy.

For instance, Janssen Pharmaceuticals, Inc. and Locus Biosciences Inc., in 2019, signed a complete license and collaboration agreement to manufacture, develop, and commercialize CRISPR-Cas3-enhanced bacteriophage (crPhage) products for the treatment of various infections, such as respiratory tract infection caused by two key pathogens, and other related infections. For this, Locus will receive US$ 20 million as an initial payment, which is expected to reach US$ 798 million from future sales of the product.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/05/14/1823788/0/en/Smartphone-based-Pregnancy-Point-of-Care-Testing-Emerging-as-a-Potential-Alternative-to-Lab-based-Diagnostics-Fact-MR.html

Explore Fact.MR’s Comprehensive Coverage on Healthcare Landscape

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Oral & Topical Anaesthetics Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/2279/oral-topical-anaesthetics-market

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Categories
Pharmaceutical

Bacteriophage Market is Expected to Witness Healthy Growth at 4% CAGR through 2030

Bacteriophage Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations  for the base year as well as in historic data analysis. Bottom-up approach is always used to obtain Bacteriophage insightful data for the specific country/regions. The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Bacteriophage market and quantified with insightful rationale.

Increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare system. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups. Sales of Bacteriophage devices are soaring rapidly.

The Demand analysis of Bacteriophage Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Bacteriophage Market across the globe.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=5558

Key Market Segments

  • Product

    • Phage Probiotics
    • Phage Therapeutics
  • Route of Administration

    • Oral
    • Topical
    • Others
  • Application

    • Gastroenterology
    • Respiratory Infection Treatment
    • Skin Infection Treatment
    • Wound Prophylaxis
    • Urogenital Infection Treatment
    • Others
  • Distribution Channel

    • Retail Pharmacies
    • Hospital Pharmacies
    • Online Pharmacies
  • Region

    • North America
    • Latin America
    • Europe
    • South Asia
    • East Asia
    • Oceania
    • The Middle East and Africa

Technological Innovation in Medical Devices Revolutionizing the Healthcare System

The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.

The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.

Increasing investments by public and government bodies inhealthcare sector is positively impacting the Bacteriophage market. Governments across the globe are introducing various initiatives to strength the medical device sector with major emphasis on research and development (R&D).

Bacteriophage manufacturing companies and healthcare service providers have started offering personalized patient care and access to complete end-to-end medical device products and services. They are focusing on developing and enhancing product prototyping and minimizing operation cost.

With the onset of COVID-19 pandemic the sales of Bacteriophage witnessed a huge upsurge and the trend is likely to continue in the future.

Need More information about Report Methodology? Click here:-https://www.factmr.com/connectus/sample?flag=RM&rep_id=5558

Some Notable Offerings by Fact.MR Report on Bacteriophage market:

  • We will provide you an analysis of the extent to which this Bacteriophage market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Report Benefits & Key Questions Answered

  • Bacteriophage Category and segment level analysis: Fact MR offers detailed analysis of the factors influencing the sales prospect across key segments. Bacteriophage category analysis provides deep insights into customer experiences, emerging trends and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.
  • Bacteriophage Manufacturing trend analysis: A key aspect of the study is comprehensive Bacteriophage manufacturing trend analysis. These insights provide vital information on how market players are coping with latest trends that are prevailing in the market.
  • Innovation and acquisition activity in Bacteriophage: The report highlights in detail the various organic and inorganic strategies adopted manufacturers in order to gain a competitive edge in Bacteriophage market. Adoption of various technologies are being discussed in detail.
  • Bacteriophage demand by country: The report forecasts the country wise demand for Bacteriophage between 2021 and 2031. By analyzing this section of the report, Bacteriophage manufacturers can accordingly invest in those regions where the demand is on the rise.
  • Post COVID consumer spending on Bacteriophage: The Fact.MR market survey also highlights the impact of COVID-19 on medical devices industry. These insights provide vital information on how market players are executing their manufacturing strategies to coup with the COVID-19 pandemic.

Some of the Bacteriophage Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Bacteriophage and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Bacteriophage Market .
  • Insights about adoption of new technologies and its influence on the Bacteriophage market Size.
  • Overview of the impact of COVID-19 on Bacteriophage Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Bacteriophage Market during the forecast period.

To get all-in insights on the regional landscape of the Bacteriophage Market, Buy Now:-https://www.factmr.com/checkout/5558

After reading the Market insights of Bacteriophage Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Bacteriophage market revenue.
  • Study the growth outlook of Bacteriophage market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Bacteriophage market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Bacteriophage Market Players.

Read More Trending Reports of Fact.MR: – https://www.biospace.com/article/breast-cancer-diagnostics-market-sales-set-to-grow-by-4-7-percent-to-surpass-us-2000-mn-by-2022-end-fact-mr

How Fact.MR Assists in Making Strategic Moves For Bacteriophage Market Manufacturer?

  • The data provided in the Bacteriophage market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

More Related Reports by Fact.MR On Healthcare Sector: 

Veterinary Endodontics Market :_Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Therapeutic Support Surface Market:- Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Computer-Assisted Orthopedic Surgery Market :-Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Visit Our Website: https://www.factmr.com

 

Categories
Pharmaceutical

Bacteriophage Market projected to expand at a CAGR of over 4% throughout the forecast period of 2021-2030

Award winning market research company Fact.MR has published the global bacteriophage market research report. According to the study, the market exhibits high growth potential, expected to yield credible gains through 2021. Long-term prospects also appear positive, with a predicted CAGR exceeding 4% through 2031.

The market was valued at approximately US$ 39 million in 2019, with surging applications in gastroenterology underpinning growth. A study conducted by the University of Gothenburg has established that nearly 40% of adults suffer from at least one functional gastrointestinal disorder, with disorders such as inflammatory bowel diseases being highly prevalent. Excessive reliance on antibiotics has led to a surge in antimicrobial resistance, causing numerous GI problems.

Request a report sample with 170 pages to gain comprehensive insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=5558

According to the World Health Organization, the rate of resistance such as ciprofloxacin ranges between 8.4% and 92.9% for E. coli, and from 4.1% to 79.4% for K. Pneumoniae. Hence, the medical fraternity is investigating alternative treatment approaches, leading to heightened prospects for bacteriophage based supplements. Manufacturers are augmenting their research capacities, increasing the frequency of clinical trials and funding studies by establishing international level coalitions.

“Growing emphasis on maintaining gut microbiome health is prompting increased consumption of bacteriophage infused supplements and medicines. Recent government legislations such as the emergency investigational new drug (eIND) pathway by the US FDA have enabled healthcare settings to incorporate bacteriophage products in their diagnostics and treatment procedures,” remarks a Fact.MR analyst.

bacteriophage market application

Key Takeaways from Fact.MR’s Bacteriophage Market Study

  • By product, phage probiotics to enjoy an elevated market share, capturing over 9 out of 10 sales in 2021
  • Gastroenterology to remain key bacteriophage therapeutics application area, owing to surging digestive tract disorders
  • Oral bacteriophage products administration to remain highly preferred through 2021
  • By distribution channel, retail and hospital pharmacies to emerge as the primary bacteriophage selling points
  • US to experience high growth in bacteriophage sales, amid recent FDA approvals for the oral ingestion of bacteriophage cocktails in dietary supplements
  • Increasing frequency of inhaled phage therapy to heighten growth prospects across the UK
  • India, Russia & Georgia to emerge as lucrative bacteriophage markets amid accelerating research and development for determining efficacy of such products

Bacteriophage Market- Prominent Drivers

  • The global bacteriophage market is driven by unceasing research & development activities for discovering novel treatment approaches
  • Growing burden of antibiotic resistance is prompting patients to opt for safer alternatives, accelerating growth prospects
  • Increasing global level coalitions amongst prominent manufacturers to accelerate bacteriophage development to stimulate further growth

Bacteriophage Market- Key Restraints

  • Non-approval for human consumption by regulatory authorities due to perceived lacunae in effectiveness to restrain growth
  • Uncertainties regarding potential mutations of bacteria strains leading to phage resistance development to limit commercial availability

Get More Insights- https://www.accesswire.com/630981/Bacteriophage-Probiotics-to-generate-over-9-out-10-Sales-Attributed-to-Surging-Antibiotic-Resistance-FactMR

Competitive Landscape

Life Extension, Arthur Andrew Medical, Deerland Probiotics & Enzymes Inc., BioChimPharm, Micreos Human Health, Designs for Health, Accelerated Health Systems Inc., The Biostation, Probiotic America and Microgen are some prominent bacteriophage manufacturers included in Fact.MR’s report. Development of novel phase therapies to cater to specific healthcare requirements.

Life Extension, for instance, manufactures the FLORASSIST® GI probiotic formula for ensuring the best digestive probiotic benefits. Being gluten free, non-GMO and vegetarian, the formula targets unwanted bacteria with a novel bacteriophage blend with various healthy probiotic strains.

Looking for Specific Region & Segment Analysis? Request Report Customization https://www.factmr.com/connectus/sample?flag=RC&rep_id=5558

In 2019, BioChimPharm received a grant from the Georgian Innovation and Technology Agency for its PowerPhage veterinary antimicrobial. The product is highly effective in fighting harmful bacteria such as Salmonella, E. coli and Shigella, eliminating them without harming the beneficial microflora of the organism.

Key Questions Answered in the Report

  • How is the bacteriophage market expected to assume shape in 2021?
  • Why is Russia expected to emerge as a lucrative bacteriophage market?
  • What drivers are expected to underpin future market outlook?
  • Which restraints are expected to hamper the bacteriophages market growth?
  • How are regulatory frameworks expected to influence market growth?
  • Which are the prominent bacteriophage market players?

Request More Information about Report Methodology

https://www.factmr.com/connectus/sample?flag=RM&rep_id=5558

Strategic Partnerships and Funding by Manufacturers for Development of Phage Therapeutics

Pharmaceutical companies are collaborating with a collective goal to foster innovation by working with biotech firms and companies, governments, and market stakeholders, to enable supportable investments into a novel pipeline of bacteriophage therapy.

For instance, Janssen Pharmaceuticals, Inc. and Locus Biosciences Inc., in 2019, signed a complete license and collaboration agreement to manufacture, develop, and commercialize CRISPR-Cas3-enhanced bacteriophage (crPhage) products for the treatment of various infections, such as respiratory tract infection caused by two key pathogens, and other related infections. For this, Locus will receive US$ 20 million as an initial payment, which is expected to reach US$ 798 million from future sales of the product.

Such partnerships between pharmaceutical companies are aimed at strengthening and accelerating phage therapy development to introduce new therapies by end of this decade.

Explore Fact.MR’s Coverage on the Healthcare Domain

Medical Ceramics Market: A recent study by Fact.MR on the medical ceramics market offers a 10-year forecast from 2021 to 2031. The study analyzes crucial trends that are currently determining market growth. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players.

Indirect Calorimeter Market: A detailed assessment of the indirect calorimeter value chain analysis, business execution, and supply chain analysis across regional markets has been covered in Fact.MR’s extensive coverage on the subject. The study incorporates a detailed assessment of the market drivers, opportunities and trends influencing future expansion trajectory over key geographies and segments for the upcoming decade.

Viral Antigens Market: Fact.MR’s incisive coverage on the global viral antigens market provides a holistic view of the prominent expansion dynamics expected to shape future growth prospects. The report covers a detailed analysis of the prominent trends prevailing across key geographies and prominent segments for the next decade.

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