In a recent published report, Kenneth Research has updated the market report for Human Microbiome Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Human Microbiome Market products.
The report further consists of an in-depth evaluation of the company profiles and the business strategies adopted by the key market players who are operating at a global level. Further, the report also consists the SWOT (strengths, weakness, opportunities and threats) analysis of all the key players operating in the market. The leading companies included in the report are Human Microbiome Market.
The global Human Microbiome Market was valued at USD 160.57 million in 2016 and is projected to reach USD 899.40 million by 2025, growing at a CAGR of 21.10% from 2017 to 2025. The human microbiota or microbiome is the aggregate of microorganisms that resides on or within any of a number of human tissues and biofluids, including the skin, mammary glands, placenta, seminal fluid etc.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increased Focus on Human Microbiome Therapy
1.2 Human Microbiome as New Validated Target for Drug Development
1.3 Human Microbiome for Early Disease Detection and Diagnosis
2. Market Restraints
2.1 Lack of Expertise
2.2 Barriers in Proving the Causal Link Between Dysbiosis and Disease
Market Segmentation:
1. Global Human Microbiome Market, by Product:
1.1 Instruments
1.1.1 Laboratory Instruments
1.1.2 Analyzers
1.2 Consumables
1.2.1 Kits
1.2.2 Reagents
2. Global Human MicrobiomeMarket, by Technology:
2.1 Cell Culture Technology
2.2 High-Throughput Technology
2.3 Omics Technology
2.4 Computational Tools
3. Global Human MicrobiomeMarket, by Disease:
3.1 Acute Diarrhea
3.2 Obesity
3.3 Diabetes
3.4 Autoimmune Disorders
3.5 Cancer
3.6 Mental Disorders
3.7 Other Diseases
4. Global Human Microbiome Market, by Application:
4.1 Therapeutics
4.2 Diagnostics
5. Global Human Microbiome Market, by Product type:
5.1 Probiotics
5.2 Foods
5.3 Prebiotics
5.4 Medical Foods
5.5 Diagnostic Devices
5.6 Drugs
5.7 Other Probiotic Supplements
6. Global Human Microbiome Market, by Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Enterome Bioscience
2. E.I. Du Pont De Nemours and Company
3. Merck & Co., Inc.
4. Metabiomics Corporation
5. Yakult Honsha Co., Ltd.
6. Microbiome Therapeutics, LLC
7. Osel, Inc.
8. Second Genome, Inc.
9. Vithera Pharmaceuticals
10. Vedanta Biosciences, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Human MicrobiomeMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
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