Global Bacteriophages Therapy Market, By Target (Escherichia Coli, Staphylococcus, Streptococcus, Pseudomonas, Salmonella, Others), Type (Lytic, Lysogenic), Base (Sterile Broth Culture, Water-Soluble Jelly Base), Application (Bacterial Dysentery, Infections Of Skin And Nasal Mucosa, Suppurative Skin Infection, Lung And Pleural Infections, Postoperative Wound Infections, Others), Route Of Administration (Oral, Parenteral, Rectal, Dermal, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Antibiotic resistance is becoming more common worldwide, which is driving up demand for effective alternatives. According to the CDC, antibiotic-resistant bacterial infections affect approximately 33 000 people in Europe each year. Antibiotic resistance is predicted to increase globally, creating considerable demand for bacteriophages. Phage therapy is another name for bacteriophage therapy. In order to treat bacterial infections, viruses are used. Bacteriophages are bacterial viruses. Phages are bacteria-killing viruses that are harmless to plants, animals, and humans. Bacteriophages are thought to be bacteria's natural adversaries. Bacteriophages can be found in sewage, water, soil, and other environments where bacteria exist.
Data Bridge Market Research analyses that the bacteriophages therapy market was valued at USD 39.80 million in 2021 and is expected to reach USD 64.40 million by 2029, registering a CAGR of 6.20% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Target (Escherichia Coli, Staphylococcus, Streptococcus, Pseudomonas, Salmonella, Others), Type (Lytic, Lysogenic), Base (Sterile Broth Culture, Water-Soluble Jelly Base), Application (Bacterial Dysentery, Infections Of Skin And Nasal Mucosa, Suppurative Skin Infection, Lung And Pleural Infections, Postoperative Wound Infections, Others), Route Of Administration (Oral, Parenteral, Rectal, Dermal, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Microgen (U.S.), Micreos (Netherlands), ATCC (U.S.), Intralytix, Inc. (U.S.), Adaptive Phage Therapeutics (U.S.), Armata pharmaceuticals Inc. (U.S.),LOCUS BIOSCIENCES, INC. (U.S.), Delmont Laboratories, Inc. (U.S.), Nextbiotics (U.S.), Pherecydes Pharma (France), iNtODEWORLD. Inc. (U.S.), Enbiotix (U.S.), Fixed-Phage Limited (U.K.), Cytophage Technologies Inc. (Canada), Eliava Bio Preparations LTD (Georgia), Phagelux, Inc. (China), InnoPhage, Ltd (Hong Kong), TechnoPhage (Portugal), Eligo Bioscience SA (France), BiomX Ltd. (Israel)
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Market Opportunities
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Market Definition
Bacteriophages, are viruses that kill and target bacteria exclusively. They're one of the most frequent biological entities capable of fighting and killing multidrug-resistant bacteria. When all other antibiotics have failed to treat an infection, phages can eliminate the bacteria causing the infection, allowing medical experts to save a life. Bacteriophages are being considered an antibiotic replacement. Viruses are employed in this therapy to inject their genetic material into bacteria and grow using their host machinery. This phage therapy is utilized in the body of patients to cure or prevent bacterial diseases. Bacteriophage therapy is also important in the disciplines of molecular biology and technological research. These characteristics broaden the possibility for medication development. Bacteriophages are also termed as Phages.
Bacteriophages Therapy Market Dynamics
Drivers
- High prevalence rate of foodborne diseases
The rise in prevalence rate of foodborne diseases across the globe will act as a major driver that will result in the expansion of the market's growth rate. Foodborne infections caused by spoiled food are becoming more common. Pathogenic bacteria and viruses are present in spoiled food. According to the WHO, about 600 million people (almost one out of every ten people on the planet) will become ill and 420,000 will die as a result of contaminated food in 2019, resulting in the loss of 33 million healthy life years (DALYs). Furthermore, children under the age of five years bear 40% of the burden of foodborne disease, with 125,000 deaths every year. This aspect is propelling the bacteriophages therapy market forward.
- Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of bacteriophages therapy market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.
- Growing prevalence of antibiotic-resistant infections
Growing prevalence of antibiotic-resistant infections is expected to enhance the market's growth. The rising prevalence of antimicrobial-resistant infections has resulted in increased healthcare spending for their treatment and an increase in the number of deaths. According to the Centers for Disease Control and Prevention (CDC), approximately 2 million people in the United States will contract an antibiotic-resistant infection in 2019, with at least 23,000 people dying each year. As per the World Health Organization, over 490,000 persons worldwide were infected with multidrug-resistant tuberculosis in 2016. This drug resistance complicates the management of people suffering from other diseases including malaria and HIV.
Furthermore, a surging number of government initiatives to spread awareness and increasing the geriatric population will result in the expansion of the bacteriophages therapy market. Along with this, changing lifestyle of people and increasing level of disposable income will enhance the growth rate of the market.
Opportunities
- Increase in the number of research and development activities
Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the bacteriophages therapy market growth. For instance, in January 2019, the US Food and Drug Administration approved a request from physician-scientists at the University Of California San Diego School Of Medicine to perform the first U.S. clinical trial of a bacteriophage-based therapy administered intravenously. The planned experiment will be carried out in partnership with AmpliPhi Biosciences Corporation, a biotechnology firm based in San Diego.
Moreover, the market's growth is fueled by investment to develop advanced technologies and increase the number of emerging markets. These factors will provide beneficial opportunities for the bacteriophages therapy market growth.
Restraints/Challenges
On the other hand, the high cost associated with bacteriophages therapy will obstruct the growth rate of bacteriophages therapy market during the forecast period of 2022-2029. The lack of healthcare infrastructure in developing economies and strict regulatory scenario will challenge the bacteriophages therapy market. Additionally, lack of awareness among people and availability of alternatives will restrain and further impede the growth rate of the market during the forecast period of 2022-2029.
This bacteriophages therapy market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bacteriophages therapy market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Patient Epidemiology Analysis
Bacteriophages therapy market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.
COVID-19 Impact on Bacteriophages Therapy Market
The disease has spread to over 100 nations since the COVID-19 viral outbreak in December 2019, prompting the World Health Organization to designate it a public health emergency. Furthermore, the COVID-19 pandemic posed significant challenges to companies in the worldwide bacteriophage therapy market on multiple fronts. Supply of raw materials for producing medication formulations was a big difficulty because to transportation facility inconsistencies. Furthermore, due to a rising patient population suffering from COVID-19 and other life-threatening conditions, goods distributors were encountering erratic demand from retailers. The COVID-19 pandemic disrupted clinical trials in the United States, affecting important players across the sector. Staff furloughs, social-distancing protocols, financial losses, and concerns about patient safety all impacted investigative site capabilities. Sponsors, CROs, and other drug development support businesses have moved to remote working environments. As a result of the COVID-19 pandemic, an estimated 80% of non-COVID-19 trials were halted or interrupted.
Global Bacteriophages Therapy Market Scope
The bacteriophages therapy market is segmented on the basis of target, type, base, application, route of administration, end-user, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Target
- Escherichia Coli
- Staphylococcus
- Streptococcus
- Pseudomonas
- Salmonella
- Others
Type
- Lytic
- Lysogenic
Base
- Sterile Broth Culture
- Water-Soluble Jelly Base
Application
- Bacterial Dysentery
- Infections of Skin And Nasal Mucosa
- Suppurative Skin Infection
- Lung and Pleural Infections
- Postoperative Wound Infections
- Others
Route of Administration
- Oral
- Parenteral
- Rectal
- Dermal
- Others
End-Users
- Hospitals
- Specialty Clinics
- Homecare
- Others
Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
- Others
Bacteriophages Therapy Market Regional Analysis/Insights
The bacteriophages therapy market is analysed and market size insights and trends are provided by country, target, type, base, application, route of administration, end-user, and distribution channel as referenced above.
The countries covered in the bacteriophages therapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the bacteriophages therapy market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the immediate recovery and therapeutic effect provided by lytic bacteriophage and rising healthcare expenditure will further propel the market's growth rate in this region. Additionally, the presence of major key players and rise in adoption of newer technologies will further propel the market's growth rate in this region.
Asia-Pacific is expected to be the fastest-growing region during the forecast period of 2022-2029 due to increasing investment in innovative R&D for novel drug products in this region. Also, development of healthcare infrastructure and rising government initiatives will further propel the market's growth rate in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bacteriophages Therapy Market Share Analysis
The bacteriophages therapy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bacteriophages therapy market.
Some of the major players operating in the bacteriophages therapy market are:
- Microgen (U.S.)
- Micreos (Netherlands)
- ATCC (U.S.)
- Intralytix, Inc. (U.S.)
- Adaptive Phage Therapeutics (U.S.)
- Armata pharmaceuticals Inc. (U.S.)
- LOCUS BIOSCIENCES, INC. (U.S.)
- Delmont Laboratories, Inc. (U.S.)
- Nextbiotics (U.S.)
- Pherecydes Pharma (France)
- iNtODEWORLD. Inc. (U.S.)
- Enbiotix (U.S.)
- Fixed-Phage Limited (U.K.)
- Cytophage Technologies Inc. (Canada)
- Eliava Bio Preparations LTD (Georgia)
- Phagelux, Inc. (China)
- InnoPhage, Ltd (Hong Kong)
- TechnoPhage (Portugal)
- Eligo Bioscience SA (France)
- BiomX Ltd. (Israel)
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