![]() |
Market Research Report
Product code
949386
Global Human Microbiome Market 2019-2025 |
Global Human Microbiome Market 2019-2025 |
Published: May 12, 2020
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
|
Global Human Microbiome Market Size, Share & Trends Analysis Report by Product Type (Probiotics, Prebiotics, Medical Foods, Drugs, and Others), by Disease (Cancer, Gastrointestinal Disorder, Infetious Diseases, Diabetes, and Others) and by Technology (Genomics, Proteomics, and Metabolomics) and Forecast 2019-2025
The global human microbiome market is projected to witness considerable growth during the forecast period. The human microbiome market is driven by numerous factors such as continuous increasing focus on microbiome sequencing for early detection and diagnosis of diseases. Furthermore, numerous market players are engaging in collaborating AI with human microbiome sequencing to promote studies on gut microbiomes. However, as microbiome sequencing technology is an upcoming technology, a lack of skilled labor is one of the key factors which can have a negative impact on the growth of the market. The human microbiome market is classified on the basis of product type, disease, and technology. Based on product type, the market is segmented into probiotics, prebiotics, medical foods, drugs, and others. Based on disease, the market is segmented into cancer, gastrointestinal disorder, infectious diseases, diabetes, and others. Based on technology, the market is segmented into genomics, proteomics, and metabolomics.
Geographically, the global human microbiome market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to contribute a significant share in the global market. The growth factor of the region includes the presence of numerous key players, such as Illumina, Inc. and increasing government spending for microbiome research in the US. NIH and Canadian institutes of health are the two key institutes which are investing in the R&D of microbiomes study across North America. Developed healthcare infrastructure and significant government healthcare spending is promoting R&D of such advanced technology across the region thereby promoting the growth of the market in the near future.
The global human microbiome market is influenced by product development and advancements conducted by the market players. The key players of the human microbiome market include Illumina Inc., Vedanta Biosciences, Inc., Novogene Corp., Qiagen NV, and Thermo Fisher Scientific Inc. These players are playing a significant role in the growth of the human microbiome market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
Research Methodology
The market study of the global human microbiome market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
The Report Covers: