Human Microbiome Market Worth $658 Million by 2023

Pune, Maharashtra, October 6, 2015 (Newswire.com) - Browse 40 market data tables and 61 figures spread through 150 Pages and in-depth TOC on “Human Microbiome Market”.

http://www.marketsandmarkets.com/Market-Reports/human-microbiome-market-37621904.html
Early buyers will receive 10% customization on reports.

The Human Microbiome Market is expected to reach $658 million by 2023 from $294 million in 2019 growing at a CAGR of 22.3% during the forecast period (2019-2023).

The human microbiome market is segmented on the basis of application, disease, product, and geography. On the basis of application, the market is further segmented into therapeutics and diagnostics. Therapeutics is expected to account for the largest market share in the human microbiome market 2019 onwards. Factors such as rising incidences of lifestyle diseases, increasing aging population, and technological developments such as microbiome sequencing drive the growth of the human microbiome market. On the basis of disease, the human microbiome market comprises of obesity, diabetes, autoimmune disorder, acute diarrhea, cancer, mental disorder, and others. Among these, the acute diarrhea segment is expected to account for the largest share and will be the fastest-growing segment in 2019, followed by obesity.

Ask For PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=37621904

On the basis of product, the human microbiome market is segmented into probiotics, prebiotics, foods, medical foods, other supplements, devices, and drugs. Probiotics is expected to account for the largest market share and will also register a growth rate of 25.2% in the forecasted period of 2019 to 2023. These probiotics helps in maintaining the gut flora and they has been emerging as a useful tool in alleviating symptoms of chronic disorder.

Europe is expected to account for the highest share in 2019 and is poised to grow at a double-digit CAGR. This growth can be attributed to the rising incidences of lifestyle diseases, diarrheal infections, and autoimmune disorders that are further adding to the overall prevalence of chronic diseases. Asia is expected to be the second largest-growing region of the human microbiome market in 2019. The high population base and improved purchasing power of patients are the major drivers of this market.

The key players in the human microbiome market are Enterome Bioscience (France), Yakult (Japan), DuPont (U.S.), Metabiomics Corporation (U.S.), ViThera Pharmaceuticals (U.S.), Second Genome Inc. (U.S.), MicroBiome Therapeutics LLC (U.S.), Vedanta BioSciences (U.S.), Osel (U.S.), and Merck (U.S.).

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Unit No. 802, 8th Floor, 

Tower - 7, Magarpatta City SEZ,

Hadapsar, Pune – 411013, 

Maharashtra, India.

Tel: +1-888-6006-441.
Email: [email protected]