The Global Live Biotherapeutic Products And Microbiome CDMO Market size is expected to reach $159.1 million by 2029, rising at a market growth of 42.5% CAGR during the forecast period.
Diabetes is one of the major applications of live biotherapeutic products and microbiome CDMO market and captured more than 35% share in the market during 2022 as it is recognized as one of the most important unaddressed worldwide health problems. It poses a significant risk for several prevalent, occasionally fatal conditions like hypertension, coronary heart disease, stroke, kidney failure, and retinopathy. According to WHO, approximately 2 million people died in 2019 from diabetes-related renal damage. A total of 1.5 million deaths were directly related to diabetes in 2019, and 48% of these deaths occurred in those under the age of 70. Diabetes contributed to an additional 460 000 renal disease fatalities, and elevated blood glucose is responsible for almost 20% of cardiovascular mortality. Some of the factors impacting the market are increasing efforts to create novel treatments for different ailments, recent development in live biotherapeutic products that can modulate neurological diseases associated with the gut-brain axis, and lack of standards and infrastructure for developing LBPs.
During the COVID-19 outbreak, people were more concerned about contracting bacterial and viral diseases. The COVID-19 pandemic necessitated a significant reallocation of resources to be focused on the diagnostic, treatment, as well as vaccination efforts. Because of this, resources were diverted from the development of live biotherapeutic products and used in other healthcare fields instead. In addition, during the pandemic, there was a significant drop in consumer demand for LBPs, which had a detrimental impact on market growth.
The impact of increasing product demand globally is a crucial market phenomenon that has sparked the creation of novel medicinal remedies. The market is expected to see growth prospects throughout the projection period as a result of rising product demand and a major uptick in the microbiome and LBP therapies. There is currently no definitive treatment used routinely for autism. Among the treatments used are sensory integration, cognitive education, and physical therapy. New research suggests that treating autistic children by changing their gut microbiota may be effective.
However, it is difficult to exert any degree of control on the expansion of live microbes, either at the level of their production or during the remaining stages of their lifecycles. It is generally known that the quality of the raw materials (pharmaceutical grade and ideally free of substances derived from animals) and the manufacturing process (which includes the environmental conditions, production facility and equipment used) are important for LBP production. Additionally, the education of employees in hygiene & sanitation and the control procedures and quality monitoring are of utmost importance as well. Hence, all these elements may hamper the market's growth throughout the forecast period.
Based on application, the live biotherapeutic products and microbiome CDMO market is characterized into C.difficile, Crohn’s disease, IBS, diabetes, and others. The C.difficile segment garnered the highest revenue share in the live biotherapeutic products and microbiome CDMO market in 2022. In particular, in patients who are currently using antibiotics, the bacterium C. difficile, which is present in the human gut microbiome, can cause serious diarrhea and colitis. As a result, live biotherapeutic products have attracted increasing attention in recent years due to their potential to cure a variety of illnesses, including those involving the gut microbiome.
Report Attribute | Details |
---|---|
Market size value in 2022 | USD 14 Million |
Market size forecast in 2029 | USD 159.1 Million |
Base Year | 2022 |
Historical Period | 2019 to 2021 |
Forecast Period | 2023 to 2029 |
Revenue Growth Rate | CAGR of 42.5% from 2023 to 2029 |
Number of Pages | 128 |
Number of Table | 190 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
Segments covered | Application, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
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Restraints |
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Region wise, the live biotherapeutic products and microbiome CDMO market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment recorded the largest revenue share in the live biotherapeutic products and microbiome CDMO market in 2022. This rise is mostly attributable to the presence of important firms and rising investments in R&D activities in the region. However, the expansion of the market in North America has also been influenced by the rising demand for effective therapies for a variety of illnesses such as C. diff, Crohn's disease, and IBS.
Free Valuable Insights: Global Live Biotherapeutic Products And Microbiome CDMO Market size to reach USD 159.1 Million by 2029
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Arranta Bio Holdings, LLC (Recipharm AB) (EQT AB), Cerbios-Pharma SA, Biose Industrie, List Biological Laboratories, Inc., AcuraBio Pty Ltd (Ampersand Capital Partners), Wacker Chemie AG (Dr. Alexander Wacker Familiengesellschaft mbH), Quay Pharmaceuticals Ltd (SGS S.A.), BiomX, Inc., Lonza Group AG, and 4D Pharma Plc.
By Application
By Geography
The Market size is projected to reach USD 159.1 million by 2029.
Recent development in live biotherapeutic products that can modulate neurological diseases associated with the gut-brain axis are driving the Market in coming years, however, Lack of standards and infrastructure for developing LBPs restraints the growth of the Market.
Arranta Bio Holdings, LLC (Recipharm AB) (EQT AB), Cerbios-Pharma SA, Biose Industrie, List Biological Laboratories, Inc., AcuraBio Pty Ltd (Ampersand Capital Partners), Wacker Chemie AG (Dr. Alexander Wacker Familiengesellschaft mbH), Quay Pharmaceuticals Ltd (SGS S.A.), BiomX, Inc., Lonza Group AG, and 4D Pharma Plc.
The expected CAGR of this Market is 42.5% from 2023 to 2029.
The IBS market has shown the high growth rate of 44.6% during (2023 - 2029).
The North America market dominated the Global Live Biotherapeutic Products And Microbiome CDMO Market by Region in 2022, thereby achieving a market value of $111.8 million by 2029.
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