This report provides exclusive insights into the COVID-19 impact on the Bacteriophage Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Bacteriophage Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Bacteriophage Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on the bacteriophage market provides in-depth analysis of segments and sub-segments in
the global as well as regional bacteriophage market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional bacteriophage market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of the global bacteriophage market. According to the report, the global bacteriophage
market is projected to grow at a CAGR of 4.0% over the forecast period of
A bacteriophage is a virus that infects and replicates within
archaea and bacteria. These are composed of a nucleic acid molecule that
surrounded by protein structure. It attracts itself to a susceptible bacterium
and infects the host cell. It prevents it from producing bacterial components.
Bacteriophages can infect and kill bacteria without any negative effect on
animal or human cells.
Bacteriophages are an efficient tool used in modern
biotechnology through several types of research to advocate the potential usage
of bacteriophages in various applications. The rising use of biocontrol agents
in the petroleum and agriculture industry will augment the growth of the
bacteriophage market. The increasing research and development funding for
investigating bacteriophage therapy in clinical applications boosts the growth
of the bacteriophage market. Further, bacteriophages are used as vaccine
vehicles for detecting pathogenic bacterial strain complement market growth.
The growing demand for bacteriophages as display systems in various antibodies
and proteins stimulate the development of bacteriophage market. In addition,
bacteriophages are a diverse group of viruses that can be manipulated and thus
have applications in research, therapeutics, and biotechnology. Phages control
the bacterial population and also contribute to moving genes from one bacterium
to another. Additionally, the study of bacteriophage particles provide insights
into genome evolution, DNA expression, bacterial evolution, and develop new
biotechnologies. The growing phase therapy with incessant growth in bacterial
resistance to the majority of antibiotics promotes the use of lytic phase
particles. Furthermore, the increasing adoption of bacteriophages in food
biopreservation, corrosion control, biofilm control, bacterial biosensing
services, and phage-display based selection of biological affinity led to the
growth of the market. On the flip side, high cost for therapy of bacteriophage
therapy hinders the growth of the bacteriophage market. Moreover, increasing
research for the establishment of bacteriophage as an effective vaccine
delivery system creates growth opportunities for the bacteriophage market.
Geographically, the global bacteriophage market is divided into
North America, Asia-Pacific, Europe, and the Rest of the World. North America
is expected to have the largest share in the global bacteriophage market. The
well-established research infrastructure, strong desire to overcome the burden
of antibiotic-resistant infections and the existence of potential pipeline for
phase therapy in North America contribute to the growth of the bacteriophage
market in North America. Europe is anticipated to grow with a healthy CAGR in
the global bacteriophage market over the forecast period. The rising
application of bacteriophage in food and environmental field in Europe drive
the expansion of bacteriophage market in the region. Asia-Pacific region has
the fastest growth rate in the global bacteriophage market owing to the rapid
evolution of biotechnology infrastructure and rising supportive initiatives
from the government in the region.
The report on global bacteriophage market covers segments such
as type, and application. On the basis of type, the sub-markets include dsDNA
bacteriophage, ssDNA bacteriophage, and ssRNA bacteriophage. On the basis of
application, the sub-markets include clinical application, phage display,
environmental application, veterinary, and phage therapy.
The report provides profiles of the companies in the market
such as Phage Biotech Ltd., Fixed-Phage Limited, InnoPhage Ltd., EnBiotix Inc.,
Pherecydes Pharma SA, TechnoPhage SA, Versatile Bio Fuels Pvt. Ltd., Federal
State Scientific Industrial Company MICROGEN, Intralytix, Inc., and Other
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of bacteriophage market.
Moreover, the study highlights current market trends and provides forecast from
2019-2025. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.