MRC Announces the Publication of its Research Report – Global Human Microbiome Therapeutics market 2018-2022
MRC recognizes the following companies as the key players in the global human microbiome therapeutics market: ENTEROME Bioscience, Rebiotix, Seres Therapeutics, and Vedanta Biosciences.
Other Prominent Vendors in the market are: Bristol-Myers Squibb, Johnson & Johnson, and Takeda Pharmaceutical.
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Commenting on the report, an analyst from MRC’s team said: “The latest trend gaining momentum in the market is growing investments from venture capitalists. Venture capitalists are capitalizing on the need for effective treatment and are offering therapeutic treatment solutions to treat disorders such as autoimmune disorders, infections, and cancer. Investments from venture capitalists towards microbiome therapeutics is exponentially boosting the growth of the microbiome sequencing therapeutics market. Vedanta Biosciences is already collaborating with NYU Langone Medical Center to develop novel microbiome- derived immunotherapies for cancer patients.”
According to the report, one of the major drivers for this market is side effects of the existing treatments. Various medicines available in the market have several side-effects including minor headaches. These medicines may also impart serious side-effects such as liver or kidney injury, heart problems, and even death. The seriousness of side-effects drives the need for innovative treatment technologies, such as human microbiome therapeutics, that have reduced the negative impact on the human body. The demand for microbiome therapeutics is increasing since it provides treatment sans chemicals.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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