Microbiome Therapeutics Market Scope
Microbiome therapy aims to establish a healthy gut microbiome to restore gut function and prevent dysregulation. Microbiome therapies are currently in development to prevent recurrent C. difficile infections, which are primarily contracted in hospitals, leading to diarrhea, dehydration, fever, and weight loss. Advancement in microbiome technologies would assist in determining the probable solutions for serious diseases; these technologies would thus improve healthcare outcomes. Companies are undertaking strategic initiatives such as new product development and venture capital investments for catering to greater opportunities in both developed and developing countries.
The players highly focusing on business growth strategies such including new product launch, merger & acquisitions, Licensing partnerships, and others to become more competitive in the market. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Microbiome Therapeutics market throughout the predicted period.
Armata Pharmaceuticals (United States), Enterome Bioscience (France), Immuron (Australia), OpenBiome (United States), Osel (United States), LNC Therapeutics (France), ViThera Pharmaceuticals (United States), Ferring Pharmaceuticals (Switzerland), Second Genome (United States) and Vedanta Biosciences (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Microbiome Therapeutics market by Type (FMT and Microbiome drugs) and Region with country level break-up.
On the basis of geography, the market of Microbiome Therapeutics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Mar 2019, the Seres Company has collaborated with AstraZeneca, which will help to get a better microbiome in augmenting the efficacy of cancer immunotherapy. Hence, this microbiome will affect the growth of the market in the future.
In May 2020, Rebiotix and Ferring Pharmaceuticals announced positive preliminary findings from their ongoing pivotal Phase 3 trial of the investigational microbiome-based treatment, RBX2660. These preliminary positive efficacy findings mark an important milestone, advancing RBX2660 in its clinical development program with a goal of bringing a US FDA approved therapy to patients.
Market Trend
- Rising Clinical Trials in the Microbiome Therapy
Market Drivers
- Increasing Prevalence of Diseases due to Dysbiosis of Microbiota in the Gut
- High Amount of Funding for Biological Drug Development Studies
Opportunities
- Increasing Collaboration between Pharmaceutical Companies for the Development of Novel Drugs
- Growing Demand from Emerging Market such as China, India, among others
Restraints
- Lack of Clear Regulatory Pathways
- Delays in Launch of Microbiome Therapeutics
Challenges
- Lack of Expertise as well as Detailed Research
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Microbiome Therapeutics Devices and Drugs Manufacturers, Suppliers, and Distributors, Key Raw Material Manufacturers, Government Regulatory and Research Organizations and End-Use Industries