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Phage Therapy Market Size, Share, Trends, Growth Outlook

Phage Therapy Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Product (Escherichia coli, Staphylococcus aureus, Salmonella, Others), Application (Animal Health, Food Industry, Others), and Companies Report

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  • |Published Month : November, 2024
  • |No. of Pages : 190

The Global Phage Therapy Market Size is estimated to register 10.2% growth over the forecast period from 2024 to 2030.

 

The market growth is driven by an increasing the growing interest in phage therapy from pharmaceutical companies and investors is driving increased commercialization efforts. As more companies recognize the potential of phage therapy as a viable treatment option, they are investing in research and development, manufacturing capabilities, and strategic partnerships to bring phage-based products to market. This influx of funding and resources is accelerating the translation of phage therapy from experimental treatments to commercially available therapeutics, expanding patient access and market penetration. Leading Companies focusing on Personalized Medicine Approach, Combination Therapy with Antibiotics and Immunomodulators, Expansion into Veterinary Medicine and Agricultural Applications, and others to boost market shares in the industry.

 

Phage Therapy Market Overview

The Phage Therapy Market is an emerging field focused on utilizing bacteriophages, viruses that target and infect bacteria, as a potential alternative to antibiotics, especially in the face of increasing antibiotic resistance. Key players in the market include pharmaceutical companies, biotechnology firms, and academic institutions, actively involved in developing and commercializing phage-based products for treating various bacterial infections, from wound care to respiratory and urinary tract infections. Despite challenges such as regulatory hurdles and limited clinical evidence, advancements in biotechnology and genomic technologies offer opportunities for market expansion and innovation. With ongoing research and development efforts, phage therapy holds promise for revolutionizing infectious disease management and improving patient outcomes in the future.

 

Phage Therapy Market Dynamics

 Phage Therapy Market Trends- Facing the growing threat of antibiotic resistance, the phage therapy market emerges as an urgent response with alternative solutions.

In response to the escalating challenge of antibiotic resistance, the phage therapy market emerges as a critical solution to combat bacterial infections. As conventional antibiotics lose effectiveness against resistant strains, phage therapy presents a promising alternative. Bacteriophages, viruses designed to target bacteria specifically, offer a precise and potentially safer treatment option compared to broad-spectrum antibiotics. With ongoing advancements in biotechnology and genomics, the development of phage-based products is rapidly progressing, equipping healthcare providers with valuable tools to tackle complex infections. Furthermore, regulatory support and ongoing clinical trials are facilitating the integration of phage therapy into standard medical protocols. As the demand for effective antimicrobial therapies grows, the phage therapy market is positioned to play a vital role in addressing the global threat of antibiotic resistance.

 

 

Market Driver- Booming advancements in biotechnology and genomics are fueling the demand for the phage therapy market.

The rapid advancements in biotechnology and genomics are significantly boosting the demand for the phage therapy market. These advancements equip researchers with better tools to identify, understand, and enhance the therapeutic properties of bacteriophages. Techniques like metagenomics are instrumental in discovering new phages from various environments, broadening the range of potential treatments. Additionally, innovations in genetic engineering and synthetic biology enable the customization and refinement of phages to achieve greater specificity, stability, and safety. This fusion of biotechnology and genomics not only expedites the development of phage-based therapies but also opens doors to personalized medicine tailored to individual patients and their bacterial infections. Consequently, there is a notable upsurge in interest and investment within the phage therapy market as stakeholders recognize the profound impact of these technological advancements in combatting antibiotic-resistant bacteria and addressing pressing medical challenges.

 

Market Opportunity- Unlocking the potential of phage therapy: Exploring regulatory support and clinical trials in the phage therapy market.

To unlock the potential of phage therapy, it's imperative to navigate regulatory frameworks and conduct rigorous clinical trials to validate its effectiveness and safety. Regulatory backing is indispensable for expediting the approval process and ensuring that phage-based treatments are accessible to patients who require them. Recognizing the significance of phage therapy in combating antibiotic resistance and addressing unmet medical needs, regulatory agencies globally are moving towards establishing transparent guidelines and pathways for regulatory clearance. Simultaneously, pivotal clinical trials play a vital role in furnishing the necessary evidence to showcase the therapeutic advantages of phage therapy across diverse conditions, ranging from wound infections to respiratory and urinary tract infections. Not only do these trials offer valuable insights into the safety and efficacy of phage-based treatments, but they also instill confidence among healthcare providers and patients alike. By fostering regulatory support and advancing clinical research efforts, the phage therapy market stands poised to fully realize its potential in reshaping infectious disease management and enhancing patient care.

 

Market Share Analysis- Escherichia coli Phage Therapy Market will register the fastest growth

The Global Phage Therapy Market is analyzed across Escherichia coli, Staphylococcus aureus, Salmonella, and others. Escherichia coli is poised to register the fastest growth. Escherichia coli phage therapy shows promise as a targeted treatment for infections caused by this bacterial pathogen, particularly in light of rising antibiotic resistance. Research efforts focus on identifying specific bacteriophages and optimizing treatment protocols. Clinical trials evaluating safety and efficacy are ongoing, with potential applications in urinary tract and gastrointestinal infections. Regulatory support and investment are crucial for advancing development and commercialization, contributing to efforts against antibiotic resistance.

 

Market Share Analysis- Animal Health held a significant market share in 2024

The Global Phage Therapy Market is analyzed across various Organizations including Animal Health, the Food industry, and others. Of these, Animal Health held a significant market share in 2024. In the field of Animal Health, phage therapy offers a promising alternative to antibiotics for combating bacterial infections in livestock, companion animals, and aquaculture. With the rise of antibiotic resistance, phage therapy presents an opportunity to address common infections while reducing reliance on antibiotics. Research efforts are focused on evaluating the efficacy of phage-based treatments against prevalent bacterial diseases in animals, such as mastitis and respiratory infections. Regulatory recognition of phage therapy in veterinary medicine is increasing, opening avenues for its integration into animal health practices globally. As such, the Animal Health segment represents a significant growth opportunity for the phage therapy market, with ongoing research aimed at advancing the development and commercialization of phage-based products tailored to animal-specific needs.

 

Phage Therapy Market Segmentation

By Product

  • Escherichia coli
  • Staphylococcus aureus
  • Salmonella
  • Others

 

By Application

  • Animal Health
  • Food industry
  • Others

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Phage Therapy Market Companies

  • APS Biocontrol Ltd
  • Armata Pharmaceuticals Inc
  • Astellas Pharma Inc.
  • BiomX Inc.
  • CJ CheilJedang Corp
  • Cytophage Technologies Inc
  • Eliava Biopreparation LLC
  • Intralytix Inc.
  • iNtRON Biotechnology Inc.
  • JSC NPO Microgen
  • Locus Biosciences Inc.
  • Micreos
  • Micromir
  • Nexabiome
  • Proteon Pharmaceuticals S.A
  • Taconic Biosciences Inc.
  • TechnoPhage
  • ZeptoMetrix LLC
  • Vitalis Wellness LLP

 

*List not exhaustive

Phage Therapy Market Outlook 2024

1 Market Overview

1.1 Introduction to the Phage Therapy Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2024 Phage Therapy Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Phage Therapy Market Companies with Area Served

4.2.2 Products Offerings Global Phage Therapy Market

 

5 Recession Impact Analysis and Outlook Scenarios

5.1.1 Recission Impact Analysis

5.1.2 Market Growth Scenario- Base Case

5.1.3 Market Growth Scenario- Reference Case

5.1.4 Market Growth Scenario- High Case

 

6 Global Phage Therapy Market Trends

6.1 Global Phage Therapy Revenue (USD Million) and CAGR (%) by Type (2018-2032)

6.2 Global Phage Therapy Revenue (USD Million) and CAGR (%) by Applications (2018-2032)

6.3 Global Phage Therapy Revenue (USD Million) and CAGR (%) by Regions (2018-2032)

 

7 Global Phage Therapy Market Revenue (USD Million) by Type, and Applications (2018-2023)

7.1 Global Phage Therapy Revenue (USD Million) by Type (2018-2023)

7.1.1 Global Phage Therapy Revenue (USD Million), Market Share (%) by Type (2018-2023)

7.2 Global Phage Therapy Revenue (USD Million) by Applications (2018-2023)

7.2.1 Global Phage Therapy Revenue (USD Million), Market Share (%) by Applications (2018-2023)

 

8 Global Phage Therapy Development Regional Status and Outlook

8.1 Global Phage Therapy Revenue (USD Million) By Regions (2018-2023)

8.2 North America Phage Therapy Revenue (USD Million) by Type, and Application (2018-2023)

8.2.1 North America Phage Therapy Revenue (USD Million) by Country (2018-2023)

8.2.2 North America Phage Therapy Revenue (USD Million) by Type (2018-2023)

8.2.3 North America Phage Therapy Revenue (USD Million) by Applications (2018-2023)

8.3 Europe Phage Therapy Revenue (USD Million), by Type, and Applications (USD Million) (2018-2023)

8.3.1 Europe Phage Therapy Revenue (USD Million), by Country (2018-2023)

8.3.2 Europe Phage Therapy Revenue (USD Million) by Type (2018-2023)

8.3.3 Europe Phage Therapy Revenue (USD Million) by Applications (2018-2023)

8.4 Asia Pacific Phage Therapy Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2023)

8.4.1 Asia Pacific Phage Therapy Revenue (USD Million) by Country (2018-2023)

8.4.2 Asia Pacific Phage Therapy Revenue (USD Million) by Type (2018-2023)

8.4.3 Asia Pacific Phage Therapy Revenue (USD Million) by Applications (2018-2023)

8.5 South America Phage Therapy Revenue (USD Million), by Type, and Applications (2018-2023)

8.5.1 South America Phage Therapy Revenue (USD Million), by Country (2018-2023)

8.5.2 South America Phage Therapy Revenue (USD Million) by Type (2018-2023)

8.5.3 South America Phage Therapy Revenue (USD Million) by Applications (2018-2023)

8.6 Middle East and Africa Phage Therapy Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2023)

8.6.1 Middle East and Africa Phage Therapy Revenue (USD Million) by Country (2018-2023)

8.6.2 Middle East and Africa Phage Therapy Revenue (USD Million) by Type (2018-2023)

8.6.3 Middle East and Africa Phage Therapy Revenue (USD Million) by Applications (2018-2023)

 

9 Company Profiles

 

10 Global Phage Therapy Market Revenue (USD Million), by Type, and Applications (2024-2032)

10.1 Global Phage Therapy Revenue (USD Million) and Market Share (%) by Type (2024-2032)

10.1.1 Global Phage Therapy Revenue (USD Million), and Market Share (%) by Type (2024-2032)

10.2 Global Phage Therapy Revenue (USD Million) and Market Share (%) by Applications (2024-2032)

10.2.1 Global Phage Therapy Revenue (USD Million), and Market Share (%) by Applications (2024-2032)

 

11 Global Phage Therapy Development Regional Status and Outlook Forecast

11.1 Global Phage Therapy Revenue (USD Million) By Regions (2024-2032)

11.2 North America Phage Therapy Revenue (USD Million) by Type, and Applications (2024-2032)

11.2.1 North America Phage Therapy Revenue (USD) Million by Country (2024-2032)

11.2.2 North America Phage Therapy Revenue (USD Million), by Type (2024-2032)

11.2.3 North America Phage Therapy Revenue (USD Million), Market Share (%) by Applications (2024-2032)

11.3 Europe Phage Therapy Revenue (USD Million), by Type, and Applications (2024-2032)

11.3.1 Europe Phage Therapy Revenue (USD Million), by Country (2024-2032)

11.3.2 Europe Phage Therapy Revenue (USD Million), by Type (2024-2032)

11.3.3 Europe Phage Therapy Revenue (USD Million), by Applications (2024-2032)

11.4 Asia Pacific Phage Therapy Revenue (USD Million) by Type, and Applications (2024-2032)

11.4.1 Asia Pacific Phage Therapy Revenue (USD Million), by Country (2024-2032)

11.4.2 Asia Pacific Phage Therapy Revenue (USD Million), by Type (2024-2032)

11.4.3 Asia Pacific Phage Therapy Revenue (USD Million), by Applications (2024-2032)

11.5 South America Phage Therapy Revenue (USD Million), by Type, and Applications (2024-2032)

11.5.1 South America Phage Therapy Revenue (USD Million), by Country (2024-2032)

11.5.2 South America Phage Therapy Revenue (USD Million), by Type (2024-2032)

11.5.3 South America Phage Therapy Revenue (USD Million), by Applications (2024-2032)

11.6 Middle East and Africa Phage Therapy Revenue (USD Million), by Type, and Applications (2024-2032)

11.6.1 Middle East and Africa Phage Therapy Revenue (USD Million), by region (2024-2032)

11.6.2 Middle East and Africa Phage Therapy Revenue (USD Million), by Type (2024-2032)

11.6.3 Middle East and Africa Phage Therapy Revenue (USD Million), by Applications (2024-2032)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Phage Therapy Market Companies with Areas Served

Table 3 Products Offerings Global Phage Therapy Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Phage Therapy Revenue (USD Million) And CAGR (%) By Type (2018-2032)

Table 8 Global Phage Therapy Revenue (USD Million) And CAGR (%) By Applications (2018-2032)

Table 9 Global Phage Therapy Revenue (USD Million) And CAGR (%) By Regions (2018-2032)

Table 10 Global Phage Therapy Revenue (USD Million) By Type (2018-2023)

Table 11 Global Phage Therapy Revenue Market Share (%) By Type (2018-2023)

Table 12 Global Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Table 13 Global Phage Therapy Revenue Market Share (%) By Applications (2018-2023)

Table 14 Global Phage Therapy Market Revenue (USD Million) By Regions (2018-2023)

Table 15 Global Phage Therapy Market Share (%) By Regions (2018-2023)

Table 16 North America Phage Therapy Revenue (USD Million) By Country (2018-2023)

Table 17 North America Phage Therapy Revenue (USD Million) By Type (2018-2023)

Table 18 North America Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Table 19 Europe Phage Therapy Revenue (USD Million) By Country (2018-2023)

Table 20 Europe Phage Therapy Revenue (USD Million) By Type (2018-2023)

Table 21 Europe Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Table 22 Asia Pacific Phage Therapy Revenue (USD Million) By Country (2018-2023)

Table 23 Asia Pacific Phage Therapy Revenue (USD Million) By Type (2018-2023)

Table 24 Asia Pacific Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Table 25 South America Phage Therapy Revenue (USD Million) By Country (2018-2023)

Table 26 South America Phage Therapy Revenue (USD Million) By Type (2018-2023)

Table 27 South America Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Table 28 Middle East and Africa Phage Therapy Revenue (USD Million) By Region (2018-2023)

Table 29 Middle East and Africa Phage Therapy Revenue (USD Million) By Type (2018-2023)

Table 30 Middle East and Africa Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Table 31 Financial Analysis

Table 32 Global Phage Therapy Revenue (USD Million) By Type (2024-2032)

Table 33 Global Phage Therapy Revenue Market Share (%) By Type (2024-2032)

Table 34 Global Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Table 35 Global Phage Therapy Revenue Market Share (%) By Applications (2024-2032)

Table 36 Global Phage Therapy Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2032)

Table 37 North America Phage Therapy Revenue (USD)By Country (2024-2032)

Table 38 North America Phage Therapy Revenue (USD Million) By Type (2024-2032)

Table 39 North America Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Table 40 Europe Phage Therapy Revenue (USD Million) By Country (2024-2032)

Table 41 Europe Phage Therapy Revenue (USD Million) By Type (2024-2032)

Table 42 Europe Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Table 43 Asia Pacific Phage Therapy Revenue (USD Million) By Country (2024-2032)

Table 44 Asia Pacific Phage Therapy Revenue (USD Million) By Type (2024-2032)

Table 45 Asia Pacific Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Table 46 South America Phage Therapy Revenue (USD Million) By Country (2024-2032)

Table 47 South America Phage Therapy Revenue (USD Million) By Type (2024-2032)

Table 48 South America Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Table 49 Middle East and Africa Phage Therapy Revenue (USD Million) By Region (2024-2032)

Table 50 Middle East and Africa Phage Therapy Revenue (USD Million) By Region (2024-2032)

Table 51 Middle East and Africa Phage Therapy Revenue (USD Million) By Type (2024-2032)

Table 52 Middle East and Africa Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Phage Therapy Revenue (USD Million) By Type (2018-2023)

Figure 4 Global Phage Therapy Revenue Market Share (%) By Type (2023)

Figure 5 Global Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Figure 6 Global Phage Therapy Revenue Market Share (%) By Applications (2023)

Figure 7 Global Phage Therapy Market Revenue (USD Million) By Regions (2018-2023)

Figure 8 Global Phage Therapy Market Share (%) By Regions (2023)

Figure 9 North America Phage Therapy Revenue (USD Million) By Country (2018-2023)

Figure 10 North America Phage Therapy Revenue (USD Million) By Type (2018-2023)

Figure 11 North America Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Figure 12 Europe Phage Therapy Revenue (USD Million) By Country (2018-2023)

Figure 13 Europe Phage Therapy Revenue (USD Million) By Type (2018-2023)

Figure 14 Europe Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Figure 15 Asia Pacific Phage Therapy Revenue (USD Million) By Country (2018-2023)

Figure 16 Asia Pacific Phage Therapy Revenue (USD Million) By Type (2018-2023)

Figure 17 Asia Pacific Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Figure 18 South America Phage Therapy Revenue (USD Million) By Country (2018-2023)

Figure 19 South America Phage Therapy Revenue (USD Million) By Type (2018-2023)

Figure 20 South America Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Figure 21 Middle East and Africa Phage Therapy Revenue (USD Million) By Region (2018-2023)

Figure 22 Middle East and Africa Phage Therapy Revenue (USD Million) By Type (2018-2023)

Figure 23 Middle East and Africa Phage Therapy Revenue (USD Million) By Applications (2018-2023)

Figure 24 Global Phage Therapy Revenue (USD Million) By Type (2024-2032)

Figure 25 Global Phage Therapy Revenue Market Share (%) By Type (2030)

Figure 26 Global Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Figure 27 Global Phage Therapy Revenue Market Share (%) By Applications (2030)

Figure 28 Global Phage Therapy Market Revenue (USD Million) By Regions (2024-2032)

Figure 29 North America Phage Therapy Revenue (USD Million) By Country (2024-2032)

Figure 30 North America Phage Therapy Revenue (USD Million) By Type (2024-2032)

Figure 31 North America Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Figure 32 Europe Phage Therapy Revenue (USD Million) By Country (2024-2032)

Figure 33 Europe Phage Therapy Revenue (USD Million) By Type (2024-2032)

Figure 34 Europe Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Figure 35 Asia Pacific Phage Therapy Revenue (USD Million) By Country (2024-2032)

Figure 36 Asia Pacific Phage Therapy Revenue (USD Million) By Type (2024-2032)

Figure 37 Asia Pacific Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Figure 38 South America Phage Therapy Revenue (USD Million) By Country (2024-2032)

Figure 39 South America Phage Therapy Revenue (USD Million) By Type (2024-2032)

Figure 40 South America Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Figure 41 Middle East and Africa Phage Therapy Revenue (USD Million) By Region (2024-2032)

Figure 42 Middle East and Africa Phage Therapy Revenue (USD Million) By Region (2024-2032)

Figure 43 Middle East and Africa Phage Therapy Revenue (USD Million) By Type (2024-2032)

Figure 44 Middle East and Africa Phage Therapy Revenue (USD Million) By Applications (2024-2032)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

Phage Therapy Market Segmentation

By Product

  • Escherichia coli
  • Staphylococcus aureus
  • Salmonella
  • Others

 

By Application

  • Animal Health
  • Food industry
  • Others

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)