Market Research Report
Global Human Microbiome Market - Analysis By Product (Probiotics, Prebiotics, Medical Food, Others), By Disease, Application, By Region, By Country (2020 Edition): Market Insight, Competition and Forecast (2019-2024)
|Published by||Azoth Analytics||Product code||923536|
|Published||Content info||250 Pages
Delivery time: 2-3 business days
|Global Human Microbiome Market - Analysis By Product (Probiotics, Prebiotics, Medical Food, Others), By Disease, Application, By Region, By Country (2020 Edition): Market Insight, Competition and Forecast (2019-2024)|
|Published: January 31, 2020||Content info: 250 Pages||
The Human Microbiome market was valued at USD 351.81 million in the year 2018. Over the recent years, human microbiome market has been witnessing considerable growth on the back of rising incidences of diabetes, growing geriatric population, and continuous research and development conducted by pharmaceutical manufacturers and academia. In addition, growing sedentary lifestyle, increasing incidence of diabetes and chronic diseases globally have contributed to the growth rate of Human Microbiome market. These factors are anticipated to provide higher momentum to the market growth in the forecast period. Further, the increasing collaboration in the industry between market players and academia to generate data and treatment for the diseases including gut related problems which can be tackled with the help of microbiota, facilitating the growth of the market.
Among the Product type in the human microbiome industry (probiotics, prebiotics, medical foods, and other), Probiotics holds the highest market share in the Human Microbiome Market owing to its proven benefits in gut microbiota and health of the patient.
The North America Human Microbiome Market will continue to be the largest market throughout the forecast period, majorly driven by favourable government reimbursement policies in addition to high healthcare awareness. Countries such as India, China, Brazil are a lucrative market for Human Microbiome Market.