The Rise in Government Initiatives Coupled with Growing Investment in Fighting Anti-microbial Resistance Is Propelling the Demand for Bacteriophage Market in This Region.

The burgeoning demand for bacteriophage market in this region is attributed to the rising government initiatives to combat the anti-bacterial resistance issue. For instance, according to the Assistance Office of Planning and Investigation 2020, report, 2020 the United States launched the National Action Plan for Combating Antibiotic-Resistance Bacteria an initiative for Combating Antibiotic-Resistant Bacteria (CARB), 2020-2025, which presents coordinated, strategic actions that the United States Government will take in the next five years to improve the health and wellbeing of all Americans by changing the course of antibiotic resistance. Additionally, the rising investment by the government to combat the issue of antibiotic resistance is also driving the market growth in this region.

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For instance, according to the Center for Disease Control and Prevention 2023 report, around USD 160 million were invested in 2015 and this investment grew to around USD 182 by 2022. Further, as per the above-mentioned source, the national cost to treat infections caused by six multidrug-resistant germs frequently found in health care can be substantial—more than $4.6 billion annually has been provided to fight has been provided by the CDC. Thus, these above-mentioned factors are anticipated to fuel the market demand for the bacteriophage market in this region.

North Bacteriophage Market Revenue (2020-2028) – USD Mn

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· Based on product type, the market is bifurcated into pre-biotic and pre-therapeutics. Amongst this, the pre-biotic segment is anticipated to grow with a significant CAGR in the forecasted period.

· Based on the application type, the market is segmented into the gastrointestinal tract, respiratory tract infection, urinary tract infections and others. Amongst this, the respiratory tract infection segment is anticipated to grow with a significant CAGR in the forecasting period.

· Based on the route of administration, the market is segmented into oral, topical and parenteral routes. Amongst these, the oral route of administration is anticipated to grow with a significant CAGR during the forecasting period.

Global Bacteriophage Market Segmentation

Market Insight, by Product Type

· Phage Pro-biotic

· Phage Therapeutics

Market Insight, by Application

· Gastrointestinal tract

· Respiratory Infection Treatment

· Urinary Tract Infection

· Others

Market Insights, by Route of Administration

· Oral

· Topical

· Parenteral

Market Insight, by Region

· North America

o U.S.

o Canada

o Rest of North America

· Europe

o UK

o Germany

o France

o Italy

o Spain

o Rest of Europe

· APAC

o China

o Japan

o India

o South Korea

o Rest of APAC

· Rest of the World

Top Company Profiles

· Armata Pharmaceuticals, Inc.

· Life Extension.

· Arthur Andrew Medical.

· Biochimpharm

· Micreos

· biostation.

· Probiotic America, LLC.

· Eliava BioPreparations

· Locus Biosciences, Inc.

· BiomX