The Asia-pacific bacteriophages therapy market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.1% in the forecast period of 2021 to 2028 and is expected to reach USD 13.30 million by 2028.
Bacteriophage, also called phage or bacterial virus, is any group of viruses that infect bacteria to treat bacterial infections. Bacteriophages could be used as an alternative to antibiotics when bacteria develop resistance. Bacteriophages are much more specific than antibiotics. They are typically harmless not only to the host organism but also to other beneficial bacteria, such as the gut microbiota, thereby reducing the chances of opportunistic infections. The increasing prevalence of antibiotic-resistant infections and increasing research and development activities are the major drivers which propelled the demand of the market in the forecast period. However, high costs associated with therapy and shortage of skilled professionals are the factors expected to restraint the market growth in the forecast period.
Top Industry Players:
The major companies operating in the global bacteriophages therapy market are Phagelux, Inc., MICREOS, ATCC, Armata pharmaceuticals Inc. among others.
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Market Segmentation:
Asia-Pacific Bacteriophages Therapy Market Scope and Market Size
The bacteriophages therapy market is segmented on the basis of target, type, base, application, route of administration, end-user, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of target, the Asia-Pacific bacteriophages therapy market is segmented into Escherichia coli, Staphylococcus, streptococcus, pseudomonas, salmonella, others. In 2021 the staphylococcus segment is expected to dominate the market due to its limited effect on the site of infection, most common bacterial species causing infection, and a variety of diseases that need proper treatment for the infection to get a cure.
- On the basis of type, the Asia-Pacific bacteriophages therapy market is segmented into lytic and lysogenic. In 2021, the lytic segment is expected to dominate the market because of the instant recovery and therapeutic effect provided by this type of lytic bacteriophage.
- On the basis of the base, the Asia-Pacific bacteriophages therapy market is segmented into sterile broth culture, water-soluble jelly base. In 2021, sterile broth culture is expected to dominate the market due to high sensitivity with suitable media and more specificity towards the bacteriophages.
- On the basis of application, the Asia-Pacific bacteriophages therapy market is segmented into bacterial dysentery, infections of the skin and nasal mucosa, suppurative skin infection, lung and pleural infections, postoperative wound infections, others. In 2021, the postoperative wound segment is expected to dominate the market due to the rising prevalence of diabetes and increasing patients’ inclination towards surgery.
- On the basis of route of administration, the Asia-Pacific bacteriophages therapy market is segmented into oral, parenteral, rectal, dermal, others. In 2021, the oral segment is expected to dominate the market due to no need for sterile precautions and minimal danger of acute drug reaction..
The Asia-Pacific Bacteriophages Therapy Market survey report encapsulates the fluctuations in CAGR values, indicating rises or falls within the specified forecast period. The data utilized for crafting this business report is derived from data collection modules featuring large sample sizes. This market report’s crucial highlights encompass key market dynamics, the present market scenario, and the sector’s future prospects. Furthermore, the report meticulously identifies and analyses rising product trends, major drivers, challenges, and opportunities in the market. Through the application of well-established tools and techniques, the Asia-Pacific Bacteriophages Therapy Market report adeptly transforms complex market insights into a more accessible and comprehensible version.
Strategic Points from Table of Content:
Chapter 1: Global Asia-Pacific Bacteriophages Therapy Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Research Conclusions of Global Asia-Pacific Bacteriophages TherapyMarket
Grab Detailed TOC Report: https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-bacteriophages-therapy-market
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