Bacteriophage Market Size 2018-2026 | Global Growth, Trends and Forecast | Credence Research
Jul 1, 2019
The global bacteriophage market was valued at US$ 567.9 Mn in 2017 expanding at a CAGR of 3.9% from 2018 to 2026.
SANJOSE, United States - July 1, 2019 /MarketersMedia/ —
The recent market study released by Credence Research, Inc. "Bacteriophage Market-Growth, Future Prospects, Competitive Analysis, 2018-2026," the worldwide bacteriophage market was valued at US$ 567.9 million in 2017 growing at a CAGR of 3.9 percent from 2018 to 2026.
Market Insights
Recently, bacteriophages or phages have been identified as a useful tool in modern biotechnology through a variety of research advocating the potential use of bacteriophages across multiple applications. Researchers have also proposed bacteriophages for several antibiotic-resistant bacterial strains as a feasible option to antibiotics. They can also be used in the petroleum and agriculture industries as biocontrol agents. Bacteriophages have a unique application in the petroleum industry as bacterial fouling often leads to severe damage to gas pipelines, devaluing the products, and thus increasing capital expenses. Also, bacteriophages can also be used as vaccine cars, for pathogenic bacterial strain identification and as display devices (phage displays) for several antibodies and proteins.
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Bacteriophages present a varied group of viruses that can be conveniently manipulated and thus have significant application in research, therapy, and biotechnology. Phages not only regulate the bacterial population but also contribute to moving genes from one bacterium to another. The analysis of bacteriophage particles, therefore, provides insights into genome evolution, bacterial evolution, DNA expression and copying, and thus the creation of new biotechnologies. Globally, the continuous rise in bacterial resistance to most antibiotics is becoming a new driving factor for phage therapy that utilizes lytic phage particles as these entities are devoid of metabolic activity and have no affinity to eukaryotic cells. Also, the use of bacteriophage particles in phage vaccination is also emerging as one of the promising preventive strategies presently understudies. Other main areas where bacteriophages find renewed focus are bacterial biosensing equipment, phage-display choice of biological affinity molecules, food biopreservation, food safety, plant pathogens biocontrol, corrosion control, and biofilm control Considering product types, worldwide bacteriophage market classified as ssDNA (single strand DNA) bacteriophage, dsDNA (double length). In 2017, dsDNA bacteriophage occupied the largest share of the global market and anticipated attempting its lead throughout the forecast period from 2018 to 2026. Most of the cultivated viruses that have the potential to culminate in the broadest range of bacteria are dsDNA, thus dominating the worldwide market. dsDNA bacteriophage has general applicability in phage display techniques.
In terms of geography, North America held the largest share in the worldwide bacteriophage industry owing to prominent phage entities in the U.S., faster and first in the region's world marketing process, and considerably large patient pool suffering from bacterial diseases and rising incidence of antibiotic resistance. Also, established use of bacteriophages in the fields of environment and food and developed study infrastructure with several projects being conducted introducing breakthrough technologies will further drive the market during the forecast period. The Asia Pacific is projected to witness the highest progress on the worldwide market owing to rapidly developing biotechnology infrastructure, changing farming methods, and similarly supportive public projects. Key players presently involved in the bacteriophage industry include Federal State Scientific Industrial Company MICROGEN, AmpliPhi Biosciences Corporation, EnBiotix, Phage Biotech Ltd., Fixed-Phage Limited, InnoPhage, Pherecydes Pharma, TechnoPhage SA, and VersatileBio among others.
Key Market Movements:
Growing R&D and funding for investigating bacteriophage therapy for clinical application
Ongoing clinical trials for bacteriophage therapy for multidrug-resistant bacterial infections and regulatory approvals for the same
Increasing applications of bacteriophage in food, environment, and veterinary applications
Current research for establishing bacteriophage as an effective vaccine delivery system
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ToC:
Chapter 1. Preface
...........
Chapter 2. Executive Summary
2.1. Global Bacteriophage Market Portraiture
2.2. Global Bacteriophage Market, by Product Type, 2017 (US$ Mn)
2.3. Global Bacteriophage Market, by Application, 2017 (US$ Mn)
2.4. Global Bacteriophage Market, by Geography, 2017 (US$ Mn)
Chapter 3. Bacteriophage: Market Dynamics and Outlook
............
Chapter 4. Global Bacteriophage Market, by Product Type, 2016-2026 (US$ Mn)
4.1. Overview
4.2. dsDNA Bacteriophage
4.3. ssDNA Bacteriophage
4.4. ssRNA BActeriophage
Chapter 5. Global Bacteriophage Market, by Application, 2016-2026 (US$ Mn)
5.1. Overview
5.2. Clinical Application
5.3. Food & Beverages
5.4. Phage Display
5.5. Phage Therapy
5.6. Environmental Application
5.7. Veterinary
Chapter 6. Global Bacteriophage Market, by Geography, 2016 – 2026 (US$ Mn)
...........
Chapter 7. Company Profiles
7.1. AmpliPhi Biosciences Corporation
7.1.1. Business Description
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. Phage Biotech Ltd.
7.3. EnBiotix
7.4. Fixed-Phage Limited
7.5. InnoPhage, Ltd.
7.6. PHERECYDES PHARMA
7.7. TechnoPhage SA
7.8. Federal State Scientific-Industrial Company MICROGEN
7.9. Phage Therapy Center
7.10. VersatileBio
.............to continued
Browse Full Report: https://www.credenceresearch.com/report/bacteriophage-market
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Contact Info:
Name: Chris Smith
Email: Send Email
Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
Phone: 18003618290
Website: https://www.credenceresearch.com
Source: MarketersMedia
Release ID: 88891644
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