The Microbiome Therapeutics Market To Grow With Wholesome Contribution From The Top 5 Market Participants

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The Microbiome Therapeutics Market To Get Higher
With Innovations
Report Id PMRREP7990 Category Life Science
Healthcare
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North America to remain dominant in the global
parenteral medical nutrition market

• At present there are no marketed microbiome
  therapeutics in the global market however, the
  first drug is expected to be launched in 2018.
  The global market is dominated by over 25
  companies with more than 120 drugs in the
  pipeline at different stages of development.
• However, over 60 of these drugs are in the
  discovery or preclinical phase, where there is
  high uncertainty surrounding the success of these
  molecules to reach the clinical phase and being
  launched as a new drug molecule. Majority of the
  pipeline drugs are being developed for
  gastrointestinal disorders and contribute
  approximately 28.7 of the total pipeline
  products.
• Research and development in the microbiome
  industry is prominently dependent on government
  funding and research grants. Formation of
  policies and provision of subsidy by various
  governments encourages research and development
  activities across various segments of the
  research including discovery and clinical
  research.
• Government initiatives in funding microbiome
  research is the preliminary factor driving
  revenue growth of global microbiome therapeutics
  market. For instance, the U.S. government had
  allocated US 1.6 Bn for microbiome RD programs
  in 2016 2017.

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