Harrisburg, NC -- (SBWIRE) -- 10/22/2020 -- Microbiome Global Market Report 2020 provides insightful data about business strategies, qualitative and quantitative analysis of Global Market. The report also calls for market – driven results deriving feasibility studies for client needs. MarketInsightsReports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.
The global microbiome market is expected to decline from $0.34 billion in 2019 to $0.27 billion in 2020 at a compound annual growth rate (CAGR) of -20%. The decline is mainly due to the focus on Covid-19 outbreak and its treatment across the globe, resulting in patients of other illnesses delaying their episodes of care. The market is then expected to recover and reach $0.58 billion in 2023 at a CAGR of 14%.
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Top Leading Companies Mentioned are Enterome Bioscience, Vedanta Biosciences Inc., Osel Inc., Synlogic Inc., Second Genome.
Stringent government regulations are expected to limit the growth of the microbiome market. Regulations or restrictions by the government bodies to use human microbiome as a therapy or a diagnostic tool can be challenging for the pharmaceutical companies engaged in microbiome production. For example, in 2013, FDA released a guidance stating that fecal microbiota transplantation (FMT) procedures are not subject to FDA enforcement which became challenging for the newly emerged companies involved in microbiome development.
In January 2020, Psomagen-Macrogen Consortium acquired uBiome for a deal amount of $7.05 Million. The deal comprises of patent portfolio of 246 patents (60 registered US patents and 186 applications), nearly 300,000 sample data and laboratory equipment. Psomagen has become a key player in the microbiome sector with this acquisition.
A number of NGS (Next Generation Sequencing) programs and innovative approaches are being developed in the field of human microbiome. Sequencing of DNA present in a sample along with that of the bacteria which have been killed by the prophylactic treatment of the antibiotics is possible with the NGS technique. In 2019, Baseclear has increased its sequencing capacity by implementing Illumina NovaSeq 6000 platform which has an output of 3.0 Gb data per run. Technological advancements such as software programs allow easy analyzing of the metagenomic datasets related to the genes of the microbiota along with user-friendliness, ease of access and with ability to provide graphical representation for easy and quick understanding of the analyzed data. Specialized software programs available for analyzing the metagenomic data are FastQC, Fastx-Toolkit, PRINSEQ, and many others. Thus, technological advancements and innovative approaches aid in growth of the human microbiome market.
This report provides a detailed analysis of the Microbiome market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Following are major Table of Content of Microbiome Industry:
Microbiome Market Sales Overview.
Microbiome Market Sales Competition by Manufacturers.
Microbiome Market Sales Analysis by Region.
Microbiome Market Sales Analysis by Type.
Microbiome Market Analysis by Application.
Microbiome Market -Manufacturers Analysis.
This independent 300 pages report guarantees you will remain better informed than your competition. With over figures examining the Microbiome market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2030.
Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Microbiome in these regions, from 2015 to 2030(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa.
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Furthermore, the report provides a detailed analysis of the global Microbiome market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Microbiome market by countries, comprising of its market by value, volume, and ARPU and penetration rate.
Key Points of this Report:
-Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
-Create regional and country strategies on the basis of local data and analysis.
-Identify growth segments for investment.
-Outperform competitors using forecast data and the drivers and trends shaping the market.
-Understand customers based on the latest market research findings.
-Benchmark performance against key competitors.
-Utilize the relationships between key data sets for superior strategizing.
-Suitable for supporting your internal and external presentations with reliable high quality data and analysis
-Report will be updated with the latest data and delivered to you within 3-5 working days of order.
The research includes historic data from 2015 to 2020 and forecasts until 2030 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Microbiome on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Microbiome Market and assist manufacturers and investment organization to better grasp the development course of Microbiome Market.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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