Bacteriophage therapy is also known as phage therapy. It needs viruses for the medication of bacterial infections. Bacterial viruses are called bacteriophages or phages. They combat bacteria; phages are safe to animals, plants, and humans. Bacteriophages are supposed to be natural antagonists of bacteria. Bacteriophages are found in soil, water, sewage, and other places where bacteria are exposed. Phage therapy is widely being reviewed as an option for antibiotics. Therefore, phage therapy is the remedial use of lytic bacteriophages for managing pathogenic bacterial infections.
The bacteriophage therapy market is driving due to the rising prevalence of drug-resistant infections, increasing research, and the development of products. However, the high cost of bacteriophage therapy and the shortage of skilled professionals are expected to hamper the growth of the global bacteriophage therapy market. Moreover, growing strategic alliances by market players are anticipated to drive demand for the growth of the market for bacteriophage therapy.
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Key companies Included in Bacteriophage Therapy Market:-
- Armata Pharmaceuticals, Inc.
- Intralytix, Inc.
- Pherecydes Pharma
- Eliava Bio Preparations LTD
- LOCUS BIOSCIENCES, INC.
- Fixed-Phage Limited
- Phage International, Inc.
- iNtODEWORLD, Inc.
The bacteriophage therapy market is segmented on the basis of targeted bacteria, route of administration, application and end user. Based on targeted bacteria, the market is segmented as Escherichia coli, Streptococcus, Pseudomonas, Staphylococcus, Salmonella, others. On the basis of route of administration, the market is categorized as oral, topical, parenteral. On the basis of application, the market is categorized as diagnostic, antimicrobial drug discovery, veterinary medicines, and others. On the basis of end user, the market is categorized as hospitals & clinics, academic research organizations & institutes, and others.
The report offers key drivers that propel the growth in the global Bacteriophage Therapy Market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Bacteriophage Therapy Market which would mention How the Covid-19 is Affecting the Disposable Incontinence Products (DIPs) Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Disposable Incontinence Products (DIPs) Players to fight Covid-19 Impact.
Bacteriophage Therapy Market: Regional analysis includes:
- Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe(Turkey, Germany, Russia UK, Italy, France, etc.)
- North America(the United States, Mexico, and Canada.)
- South America(Brazil etc.)
- The Middle East and Africa(GCC Countries and Egypt.)
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