- Medical Devices
- Monday, 26 Aug 2019
Increasing Incidence of Lifestyle Diseases to enhance the Human Microbiome Market
Increasing incidence of lifestyle diseases is expected to drive the growth of the market. However, strict government guidelines is expected to hamper the growth of the market. Over the past few decades, human microbiome is related to lifestyle diseases like cancer, diabetes, obesity, depression and many others. Changes in lifestyles and societal norms influence the microbiome at each stage of life. Altering the human microbiome can help in eliminating such lifestyle diseases. As per World health organization (WHO) in 2016, 13% of the world population (adults) were obese. According to the “The New Era of Treatment for Obesity and Metabolic Disorders: Evidence and Expectations for Gut Microbiome Transplantation” published in 2016, microbes residing in the human gastrointestinal tract act as an endocrine organ, whose composition and functionality contribute to the development of obesity. Also, according to the World Health Organization in 2018, cancer was the second leading cause of death across the globe, and is responsible for an estimated 9.6 million deaths in 2018. Furthermore, the American Cancer Society estimated that in 2018, 1,735,350 new cancer cases were diagnosed. Thus, the increasing incidence of lifestyle diseases is expected to fuel the growth of human microbiome market over the forecast years.
The major players operating in the human microbiome market include Enterome, MicroBiome Therapeutics, LLC, Rebiotix Inc, Yakult Honsha Co., Ltd., Osel Inc., Vedanta Biosciences, Inc., Metabiomics Corporate, Synthetic Biologics, Inc., DuPont, and BiomX Ltd. The global human microbiome market accounted to US$ 257.30 Mn in 2017 and is expected to grow at a CAGR of 21.8% during the forecast period 2018 - 2025, to account to US$ 1,197.08 Mn by 2025.
The strict government guidelines are intended to hamper the market to an extent. The advancements in science and technology made the scientists excited about the potential and potency of fecal matter and the microbes in it. The cell-based therapies found a novel paradigm in drug development, a regulatory framework that reports safety and bio containment issues should be established to minimize adverse events and environmental release of engineered organisms. Government agencies should offer conceptual frameworks for efficient and sensible regulatory schemes, and ways for construing intellectual property that provide appropriate incentives for private investment while protecting the public good.
The FDA regulations on these procedures, however, keep them out of reach for most patients. The use of technology employing knowledge of the human microbiome is getting started and not yet widely applied. However, it is important to consider the ethical issues early, so as to avoid at least those pitfalls that can be identified at the initial stage rather than waiting for a disaster to happen and then trying to cobble together hasty responses. Thus, the risk factors associated with human microbiome are expected to confine the growth of global human microbiome market over the forecast years.
Related Industry Updates
Asia Pacific Dental X-Ray Market Latest Report during 2020-2027 | Key Players are Dentsply Sirona, Planmeca Oy, Air Techniques Inc.
Dec 23, 2020
ECG Telemetry Devices Market To Witness Stunning Growth To Generate Massive Revenue Till 2027 |Cardiac Science Corporation, CompuMed Inc., GE Healthcare Inc., Medtronic Inc., Mindray Medical International Ltd & More
May 06, 2021
North America Sterilization Services Market 2020 Growth, Opportunities, Demand, & Forecast To 2027 I E-BEAM Services, Sterigenics U.S.
Aug 20, 2020
Quick Tips Healthcare Industry Must Follow for Medical Device & Data Security
Feb 28, 2020
Disposable Endoscope Market is expected to reach US$ 3,096.34 million by 2028
Mar 13, 2023
Arcelik completes mass production of 5,000 ventilators to meet international demand
Jun 22, 2020
Erectile Dysfunction Drugs Market Forecast to 2027 - Covid-19 Impact and Global Analysis - By Product (Viagra (sildenafil citrate), Cialis (tadalafil), Levitra/ staxyn (Vardenafil), Stendra/Spedra (avanafil), Zydena (udenafil), Vitaros (alprostadil), Others); Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) and Geography
Apr 28, 2021