Title: Global Phage Therapy Market
1Global Phage Therapy Market
- (Bacteriophage Market Virus Campylobacter,
Salmonella, Escherichia coli, Listeria,
Klebsiella, and Staphylococcus spp., Key Players
Armata Pharmaceuticals, Inc, Micreos,
TechnoPhage) Industry Scenario, Market Size,
Outlook, Trend and Forecast 2019 2028
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2Global Phage Therapy Market
- Global phage therapy market is expected to
foresee a compound annual growth rate of 8.1
from 2021 to 2028. The major factors driving the
growth of the phage therapy market
are antibiotics resistance, the increased
prevalence of food-borne diseases, use of phage
therapy in the food beverage industry,
application of bacteriophage specific to target
bacteria, extensive research development, and
increasing antimicrobial resistance. Nowadays
antibiotics resistance has become one of the
biggest threats to global health as it can affect
people of any age group. Misuse and overuse of
antibiotics by people is leading to antibiotic
resistance. Hence, scientists across the globe
are expecting that the traditional use of
antibiotics would be replaced by modernized
bacteriophages or phage therapies. Also, few
people are allergic to antibiotics as a result
phage therapy could be a useful alternative for
such patients.
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3- Phage therapy also known as Bacteriophage is
specific to the bacteria they infect and do not
harm other beneficial bacteria present in the
body and affect the microbial ecosystem of the
body. Bacteriophages can be administrated to
patients in many different ways which include
oral consumption, external application, and
surgical treatment. Phages consist mostly of
nucleic acids and proteins thus they are
inherently non-toxins. Bacteriophages against
many bacteria are easily discovered and
additionally, they are versatile in terms of
formulation development which includes the
ability to get combined with any other
antibiotics. Furthermore, the production of phage
therapy is simple and relatively inexpensive.
Clinical trials of bacteriophage to cure diseases
such as HIV Infection, Wound Infections, Urinary T
ract Infection Bacterial, Acute Tonsillitis,
Venous Leg Ulcers, Covid19, Tuberculosis, Cystic
Fibrosis, Mild Gastrointestinal, Primary Immune
Deficiency Diseases, Bacterial Infections,
Prostate Cancer and many others are being
conducted in future, bacteriophage therapy could
replace antibiotic treatments of these diseases.
Bacteriophages therapies are still under clinical
trials and company pipelines, hence it cannot be
claimed to be entirely reliable. In addition,
bacteriophages are viruses that tend to swap
genes with each other and other organisms with
which they come into contact. Hence, there is a
chance of the spread of antibiotic resistance in
bacteria. These are some of the factors that
would slightly slow down the acceptance in the
phage therapy market.
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4- Bacteriophage plays a significant role in the
food industry due to the increased prevalence of
food-borne diseases that are caused due to food
spoilage and this is boosting the growth of the
bacteriophage market, as spoiled food contains
pathogenic bacteria and viruses. The interest in
characteristic antimicrobial builds has expanded
because of changes in shopper positions towards
the utilization of substance additives in staple
and food handling surfaces. Bacteriophages fit in
the class of characteristic antimicrobial and
their adequacy in controlling bacterial microbes
in the agro-food industry has prompted the
advancement of various phage items previously
endorsed by USFDA and USDA. - Bacteriophages are highly specific to target
bacteria - and bacteriophages do not affect human cells
- directly. The primary bit of scope is the
explicitness - of bacteriophages and medicines that can be
- intended to explicitly target pathogenic
- microorganisms while not adversely influencing
the - ordinary microbiota. Another possible issue with
phage - treatment incorporates the improvement of
resistance and - constraints with the enrolment of phage treatment
- alternatives. Increased antimicrobial resistance
in - bacteriophage therapy is driving the global
bacteriophage - therapy market growth. For instance, in 2017, the
World - Health Organization (WHO) published a list of
global priority - pathogens comprising 12 species of bacteria
categorized into critical, high, and medium
priority based on their level of resistance. It
is believed that bacteriophage therapy would be
replacing the traditional use of antibiotics as
extensive use of antibiotics is increasing the
risk of antimicrobial resistance.
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5- The major limiting component for the
development/extension of the worldwide phage
therapy market is the absence of prepared
technicians, experts, and specialists in the
field. In addition, the high risk of product
failure for drug development is another factor
restraining the market growth. Several companies
operating in the bacteriophage therapy market are
investing and focusing on developing advanced
bacteriophage platforms. In addition, the
emerging economy is providing booming
opportunities in the global bacteriophage market,
as there has been an increase in the patient
population in the health care sector. For
instance, Armata Pharmaceuticals, Inc. Adaptive
Phage Therapeutics, Phagelux, SNIPR BIOME,
Microgen Russia, BiomX (MBcure Ltd.), Enbiotix,
Eligo Bioscience, MicroPhage Inc., Phage
International, Intralytix, Inc, InnoPhage,
iNtODEWorld, Locus Biosciences among others are
the leading players in the global bacteriophage
market. - North America holds a substantial share in the
global phage therapy market, inferable from the
increment in bacteriophage clinical path. For
example, as per UC San Diego Health 2019
investigation, the U.S. Food and Drug
Administration (USFDA) has given leeway for the
clinical path in the U.S. to test IV directed
bacteriophage-based treatment to execute drug
opposition. - The global phage therapy market is segmented
into by bacteria, by product, by application,
and geography Geographically, North America is
anticipated to have the largest market share over
the next seven years and the growth is attributed
to the early adoption of new and emerging
technologies coupled with expanding volumes of
data. However, Asia Pacific is expected to
witness the highest compound annual growth rate
(CAGR) in the Phage Therapy market. The major
geographies covered under the scope of Global
Phage Therapy are North America, Asia Pacific,
Europe, and the Rest of the Global (RoW). North
America is further segmented into the U.S.,
Mexico, and Canada. Europe is segmented into the
UK, Germany, France, Italy, Spain, and the Rest
of Europe. The key countries covered under the
Asia Pacific are Japan, China, India, South
Korea, Australia, and the Rest of the Asia
Pacific. Similarly, the Rest of the World (RoW)
is bifurcated into South Central America,
Middle East, and Africa.
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6- Armata Pharmaceuticals, Inc. Adaptive Phage
Therapeutics, Phagelux, SNIPR BIOME, Microgen
Russia, BiomX (MBcure Ltd.), Enbiotix, Eligo
Bioscience, MicroPhage Inc., Phage International,
Intralytix, Inc, InnoPhage, iNtODEWorld, Locus
Biosciences, PhagoMed Biopharma GmbH, Pherecydes
Pharma SA, TechnoPhage, Eliava Biopreparations
Ltd., Nextbiotics, PhagePro, Inc, Phi
Therapeutics, Fixed-phage Ltd, Micreos BV and
ContraFect Corporation are the prominent players
of the global bacteriophages market. - Years Covered in the Report 2019 - 2028
- Base Year 2020
- Forecast Years 2021 - 2028
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7Scope of Global Phage Therapy Market/
Bacteriophage Market
- HUMAN PHAGE THERAPY DISEASES AND BACTERIA BY
REGION, 2021 2027 - LIST OF PHAGE THERAPY PIPELINE
- The market is segmented on the basis of by
Bacteria, Product, by Application, and by Region. - Market Segmentation by Bacteria (Revenue, USD
Million, 2019 - 2028) - Salmonella
- Streptococcus
- Escherichia Coli
- Others
- Market Segmentation by Product (Revenue, USD
Million, 2019 - 2028) - Oral Consumption
- External applications
- Surgical treatment
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8Market Segmentation by Region/ Geography/ Country
(Revenue, USD Million, 2019 - 2028)
- Market Segmentation by Product (Revenue, USD
Million, 2019 - 2028) - Oral Consumption
- External applications
- Surgical treatment
- Market Segmentation by Application (Revenue, USD
Million, 2019 - 2028) - Human medicines
- Veterinary science
- Food
- Others (Agriculture, dentistry, etc.)
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9Asia PacificChinaJapanIndiaSouth
KoreaTaiwanSingaporeAustraliaRest of Asia
PacificRest of the World (RoW)Central South
AmericaMiddle EastAfrica
Market Segmentation by Region/ Geography/ Country
(Revenue, USD Million, 2019 - 2028)
- North America
- The U.S.
- Mexico
- Canada
- Europe
- The U.K.
- Germany
- France
- Italy
- Spain
- Belgium
- Switzerland
- Netherlands
- Rest of Europe
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