Human Microbiome Market 2023-2035 Value, Growth with a CAGR of ~25% and Attain ~USD 3400 Million


Posted October 12, 2023 by meghanester

“Human Microbiome Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global human microbiome market

 
Research Nester’s recent market research analysis on “Human Microbiome Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global human microbiome market in terms of market segmentation by product, disease type, organism type, application, technology, and by region.
Growing Prevalence of Gastrointestinal Disorders to Promote Global Market Share of Human Microbiome
The global human microbiome market is estimated to grow majorly on account of the growing elderly population across the globe. Older people are more susceptible to illnesses such as diabetes, and it is predicted that the growing elderly population around the world will fuel market expansion. Alterations in the gut microbiota have been associated with aging-related inflammation, which is thought to contribute to diseases including Alzheimer's, cardiovascular disease, and osteoporosis. The proportion of people 65 and older in the world's population increased by more than 8% in 2019.
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Some of the major growth factors and challenges that are associated with the growth of the global human microbiome market are:
Growth Drivers:
• Surge in Health Spending
• Rising Cases of Respiratory Diseases
Challenges:
The stringent regulations by the government and the absence of knowledge about human microbiome products are some of the major factors anticipated to hamper the global market size of human microbiomes.
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By product, the global human microbiome market is segmented into probiotics, prebiotics, diagnostic tests, drugs, and others. The probiotics segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. The rising incidence of digestive diseases can be linked to the segment's expansion.
By region, the North American human microbiome market is to generate the highest revenue by the end of 2035. This growth is anticipated by a higher number of lifestyle diseases. Also, it is projected that an increase in government initiatives to fund human health research and an increase in healthcare costs will fuel market expansion during the projection period.
This report also provides the existing competitive scenario of some of the key players of the global human microbiome market which includes company profiling of Seres Therapeutics, Inc., Evelo Biosciences, Inc., Synlogic, Inc., Second Genome Inc., Synthetic Biologics, Inc., YSOPIA Bioscience, 4D pharma plc, DuPont de Nemours, Inc., BiomX Inc., Sun Genomics, Inc., Viome Life Sciences, Inc., and others.
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Issued By research nester
Country India
Categories Advertising , Biotech , Blogging
Tags human microbiome market , human microbiome market 2023
Last Updated October 12, 2023