
Asia Pacific Human Microbiome Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 138 | Report Code: TIPRE00003317 | Category: Life Sciences
No. of Pages: 138 | Report Code: TIPRE00003317 | Category: Life Sciences
The Asia Pacific human microbiome market size is expected to reach US$ 703.84 million by 2031 from US$ 124.10 million in 2023. The market is estimated to record a CAGR of 24.2% from 2023 to 2031.
The Asia Pacific human microbiome market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Factors such as increase in the incidence of metabolic disorders, a rise in demand for gene mutation and drug development research, and strategic partnerships by market players are driving the market in Asia Pacific. Furthermore, government funding and awareness initiatives in the field of human microbiome are contributing to the market growth.
Asia Pacific Human Microbiome Market Strategic Insights
Asia Pacific Human Microbiome Market Segmentation Analysis
Key segments that contributed to the derivation of the Asia Pacific human microbiome market analysis are type, application, and disease type.
The potential of the human microbiome to transform healthcare industry has led to a recent surge in investments in research and development. Trillions of bacteria, fungi, and viruses that live in and on the human body make up the human microbiome, which is essential to good health as well as the prevention and treatment of diseases. The development of therapies based on microbiomes is receiving significant funding from biotech startups and pharmaceutical companies. One of the first microbiome startups in India, Xome Life Sciences, for example, focuses on every facet of the microbiome. The company is in the field and is developing prognostic, diagnostic, and therapeutic tools based on microbiomes to help people live healthier lives and make better decisions about their health. A recent FDA-approved treatment developed by Seres Therapeutics for recurrent Clostridium difficile infection is one of the many gastrointestinal diseases targeted by microbiome-based drugs. Vedanta Biosciences raised substantial money to build their pipeline of immunotherapies derived from microbiomes for autoimmune disorders and cancer. Notable investors such as Seventure Partners and Flagship Pioneering are actively funding companies that analyze microbiome data, reflecting a growing recognition of the microbiome's role in health. Thus, significant investment in research and development likely drives advancements in precision medicine and therapeutic interventions, thereby creating ample opportunities in the market.
Based on country, the Asia Pacific human microbiome market comprises China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China held the largest share in 2023.
New pharmaceuticals in the pipeline, product development and enhancement, and an increase in strategic partnerships are significant factors benefiting the microbiome therapies market in China. Xbiome Inc., a leading AI-driven microbiome therapeutics firm, acquired the clinical-stage M201 program from Assembly Biosciences, Inc., a clinical-stage biotechnology company involved in developing cutting-edge treatments for viral disorders such as hepatitis B. The increasing prevalence of target disorders is expected to drive the growth of the human microbiome market. In China, in the future, as research continues to reveal the significant role of the human microbiome in various health conditions, there is a growing interest in developing microbiome-based therapies. This is particularly true for conditions such as gastrointestinal disorders, autoimmune diseases, and metabolic disorders, where the microbiome's influence is well-established. The potential of microbiome therapeutics as more effective and personalized treatments presents a promising opportunity for market expansion. Chinese people have an IBS prevalence of 2.3–15.8%, according to National Institute of Health statistics released in June 2021.
Asia Pacific Human Microbiome Market Report Highlights
Report Attribute
Details
Market size in 2023
US$ 124.10 Million
Market Size by 2031
US$ 703.84 Million
Global CAGR (2023 - 2031)
24.2%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Type
By Application
By Disease Type
Regions and Countries Covered
Asia Pacific
Market leaders and key company profiles
Asia Pacific Human Microbiome Market Company Profiles
Some of the key players operating in the market MaaT Pharma; Ferring Holdings SA; AOBiome Therapeutics Inc; Finch Therapeutics Group Inc; Seres Therapeutics Inc; Merck & Co Inc; Rebiotix, Inc.; Yakult Honsha Co., Ltd.; IFF Nutrition & Biosciences; and Synthetic Biologics, Inc. among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
The insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The Asia Pacific Human Microbiome Market is valued at US$ 124.10 Million in 2023, it is projected to reach US$ 703.84 Million by 2031.
As per our report Asia Pacific Human Microbiome Market, the market size is valued at US$ 124.10 Million in 2023, projecting it to reach US$ 703.84 Million by 2031. This translates to a CAGR of approximately 24.2% during the forecast period.
The Asia Pacific Human Microbiome Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Human Microbiome Market report:
The Asia Pacific Human Microbiome Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Human Microbiome Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Human Microbiome Market value chain can benefit from the information contained in a comprehensive market report.