Emergence of multi-drug-resistant pathogens, as a result of huge application of antibiotics over a long time, is growing, and becoming increasingly difficult to treat. Bacteriophage technologies have therefore begun to garner great interest as alternatives to antibiotics. Rising prevalence of antimicrobial resistance and limited new antibiotic discoveries and development have sustained innovation and led to a renewal of interest in bacteriophages.

Advantages of phage therapy along with probiotics are gaining importance in the treatment of antibacterial-resistant infections, and demand is expected to grow over the next few years. Currently, players operating in the Bacteriophage Market are concentrating on meeting the needs of health professionals and patients by introducing novel phage therapies, and are investing in the development of advanced bacteriophage platforms.

As per Fact.MR’s analysis, the global bacteriophage market was valued at around US$ 39 Mn in 2019, and is projected to expand at a CAGR of over 4% through 2030. The research study on the bacteriophage market by Fact.MR incorporates an unbiased assessment of key demand-driving factors and trends, which have shaped the landscape over 2015 – 2019, and includes a detailed assessment of key parameters that are anticipated to exert influence during 2020 – 2030. Market statistics have been presented based on product (phage probiotics and phage therapeutics), route of administration (oral, topical, and others), application (gastroenterology, respiratory infections treatment, skin infection treatment, wound prophylaxis, urogenital infection treatment, and others), and distribution channel (retail pharmacies, hospital pharmacies, and online pharmacies), across seven regions - North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East & Africa.

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Improvement in predictive analytics across healthcare is driving the growth of Bacteriophage market

Increasing awareness regarding the individual’s health coupled with the ongoing advancement in healthcare infrastructure such as improvement in data science and predictive analytics is creating lucrative growth opportunities for the Bacteriophage market.

Bacteriophage Market - Scope of Report:

A latest publication by Fact.MR on the global bacteriophage market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2020-2030.

Important indicators for the successful growth of the bacteriophage market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR's study.

This research study can support readers to know the demand for bacteriophage supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in bacteriophages, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Report benefits & key questions answered

Post covid consumer spending on Bacteriophage: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
Bacteriophage demand outlook: the market intelligence study reports highlights the factor propelling the demand for Bacteriophage. As per the study, the demand for Bacteriophage will grow at a cagr of more than 4% through 2031.
Bacteriophage historical volume analysis:mr survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2020-2030.
Bacteriophage consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.
Bacteriophage Market Segmentations:

· Product:
Phage Probiotics
Phage Therapeutics
· Route of Administration:
Oral
Topical
Others
· Application:
Gastroenterology
Respiratory Infection Treatment
Skin Infection Treatment
Wound Prophylaxis
Urogenital Infection Treatment
Others
· Distribution Channel:
Retail Pharmacies
Hospital Pharmacies
Online Pharmacies
· Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
The Middle East and Africa
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