Bacteriophage Market Revenue, Analysis, PEST, Demand, Region & Country Forecast

The global bacteriophage market size was USD 43.52 Million in 2022 and is expected to register a steady revenue CAGR of 4.2% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of antibiotic-resistant bacteria and rising demand for personalized medicine and investments and research activities for the production of bacteriophage based treatments and medications are key factors driving market revenue growth.
Bacteriophages have been shown to be a powerful alternative to antibiotics, which are losing efficacy due to rapid growth and spread of resistance-forming genes. Topically, phage therapy has been utilized to treat secondary infected burn-mediated ulcers, infected diabetic foot ulcers, and other unexplained persistently infected wounds. Recent breakthroughs in phage genetic engineering enable the intentional modification of wild phage isolates to make them more suitable for therapeutic reasons by changing host specificity and/or increasing other traits on demand. Phage synthesis processes have evolved dramatically in the previous five years. In addition, increasing prevalence of antibiotic-resistant microorganisms is another key factor driving revenue growth of the market.
The study offers a clear understanding of the current market scenario owing to the COVID-19 pandemic and offers a comprehensive analysis of the current and future impact of the pandemic on the overall market landscape. The economic landscape and the market environment have observed drastic changes due to the social restrictions and government-enforced lockdowns imposed to curb the spread of COVID-19. The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.
 
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Competitive Outlook: The leading companies operating in the Bacteriophage market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Bacteriophage Market and Profiled in the Report are:
ADM, Armata Pharmaceuticals, Inc., Proteon Pharmaceuticals, BiomX, Adaptive Phage Therapeutics, Biochimpharm JSC., CYTOPHAGE TECHNOLOGIES INC., ACD Pharma, ELIGO BIOSCIENCE., and Intralytix, Inc
Objectives of the Report:
Study of the global Bacteriophage market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Bacteriophage market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Bacteriophage market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Bacteriophage market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
 

• Product Type Outlook (Revenue, USD Million; 2019-2032)
  • Phage Probiotics
    
  • Phage Therapeutics
    

• Route of Administration Outlook (Revenue, USD Million; 2019-2032)
  • Oral
    
  • Topical
    
  • Others
    

• Application Outlook (Revenue, USD Million; 2019-2032)
  • Gastroenterology
    
  • Respiratory Infections
    
  • Skin Infection
    
  • Wound Prophylaxis
    
  • Urogenital Infection
    
  • Others
    

Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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