Increased R&D Investments in Pharmaceutical Industries Growing Strategic Alliance the Bacteriophages Therapy Market

Bacteriophages Therapy Market report shares detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). Moreover, it projects the consumption of submarkets with respect to key regions (along with their respective key countries). This market document also analyzes competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. It strategically profiles the key players and comprehensively analyzes their growth strategies. Bacteriophages Therapy market analysis report is the perfect market research study which helps clients to map their needs.

Expected Revenue Growth:

Bacteriophages therapy market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 140.76 million and grow at a CAGR of 16.76% in the above-mentioned forecast period. Increasing prevalence of drug-resistant infections drives the bacteriophages therapy market.

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Bacteriophages Therapy Market Growth Analysis and Insights:

Bacteriophage therapy is also termed as phage therapy and it needs viruses for the medication of bacterial infections. Bacterial viruses are called phages or bacteriophages. Bacteriophages are supposed to be natural antagonists of bacteria and are found in soil, water, sewage, and other places where bacteria are exposed. Phage therapy is also widely being reviewed as an option for antibiotics. Hence, phage therapy is the remedial use of lytic bacteriophages for managing pathogenic bacterial infections.

Rising merger and acquisition activities by market players to strengthen their pipeline of phage therapy candidates and also to improve their research and development capabilities is the vital factor escalating the market growth, also growing strategic alliances by market players, increase in prevalence of foodborne diseases that are caused due to food spoilage., increasing collaborations of manufacturers with research institutes and hospitals in order to conduct clinical trials to evaluate phage therapy candidates, which in turn increases the demand for the therapy and rising prevalence of drug resistant infections are the major factors among others driving the bacteriophages therapy market.

By Segmentation, the bacteriophages therapy is expected to account for the largest share of the bacteriophages therapy market in 2018

On the basis of targeted bacteria, the bacteriophages therapy market is segmented into Escherichia coli, staphylococcus, streptococcus, pseudomonas, salmonella and others.

Based on application, the bacteriophages therapy market is segmented into diagnostic, antimicrobial drug discovery, veterinary medicines and others.

Based on end-user, the bacteriophages therapy market is segmented into hospitals and clinics, academic research organizations and institutes and others.

The bacteriophages therapy market is also segmented on the basis of route of administration into oral, topical and parenteral.

Asia-Pacific to dominate the bacteriophages therapy market in 2018 

Asia-Pacific dominates the bacteriophages therapy market due to increasing prevalence of foodborne and other infectious diseases, increasing antimicrobial resistance among the populace and growing strategic alliances by market players in this region. Asia-Pacific is the expected region in terms of growth in bacteriophages therapy market due to increase in patient population, initiatives by governments in the health care sector, and interest of key players in expanding their market presence in this region.

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.

The major players covered in the bacteriophages therapy market report are Armata Pharmaceuticals, Inc., iNtODEWORLD, Inc, Phage International, Inc, Fixed-Phage Limited, LOCUS BIOSCIENCES, INC., Pherecydes Pharma, Adaptive Phage Therapeutics, Inc., Intralytix, Phagelux, Inc., PhagoMed Biopharma GmbH, ContraFect Corporation, MICREOS, Fixed-Phage Limited, Phi Therapeutics., BiomX, Eligo Bioscience, TechnoPhage, Nextbiotics and Eliava Bio Preparations LTD among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Healthcare Infrastructure growth Installed base and New Technology Penetration

Bacteriophages therapy market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for bacteriophages therapy market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the bacteriophages therapy market. The data is available for historic period 2010 to 2019.

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