Pune, Maharshtra -- (SBWIRE) -- 07/05/2020 -- InsightAce Analytic Pvt. Ltd. announces the release of market assessment report on "Global Phage Therapy Market Assessment – Revenue (US$ Mn) Forecast Till 2028"

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According to the latest research by InsightAce Analytic, the global market for phage therapy was valued at US$ 28.8 Mn and it is expected to reach US$ 116.6 million in 2028, recording a promising CAGR of 19% during the period of 2018-2028. In the current scenario, phage therapy market is not well established with no FDA approved product. Current market is driven by cPT products and natural phage platforms from local vendors such as Microgen Russia and Phage Therapy Centre, Georgia. Strong product pipeline with increasing research and development activities in phage therapy market.Approximately 76 percent of molecules are under preclinical stage and is anticipated to hit the market by late 2021. Thus, furious research and development activities in phage therapeutics has posed a key potential to meet the demand of patients and take over the side effect of resistance developed by antibiotics.

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The Phage Therapy Market is fragmented with presence of many players that operates in clinical trials, natural phage therapy providers inlocal as well as international market.

Global phage therapy market reports cover clinical trial/pipeline prominent players like Adaptive Phage Therapeutics, Armata Pharmaceuticals, Inc., BiomX (MBcure Ltd.), AmpliPhi Biosciences, C3J Therapeutics, Enbiotix, Intralytix, Inc., InnoPhage, Eligo Bioscience, Locus Biosciences, iNtODEWorld, MicroPhage, Inc., Phage International, Pherecydes Pharma SA, PhagoMed Biopharma GmbH, TechnoPhage, Phagelux, SNIPR BIOME and Microgen Russia

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Market Segments
Global Phage Therapy Market by Product Revenue (US$ Mn) Forecast 2018-2028
- Oral
- External Application
- Surgical Treatment

Global Phage Therapy Market Based on Application Revenue (US$ Mn) Forecast 2018-2028
- Human Medicine
- Veterinary Science
- Others (Agriculture, dentistry, etc)

Global Phage Therapy Market Based on Region Revenue (US$ Mn) Forecast 2018-2028
Europe Revenue (US$ Mn) Forecast 2018-2028
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe

North America Revenue (US$ Mn) Forecast 2018-2028
- U.S.
- Canada

- Asia Pacific Revenue (US$ Mn) Forecast 2018-2028

- Latin America Revenue (US$ Mn) Forecast 2018-2028

- Middle East & Africa Revenue (US$ Mn) Forecast 2018-2028

Why should buy this report:
- To receive a comprehensive analysis of the prospects for global phage therapymarket
- To receive industry overview and future trends phage therapymarket
- To analyze the phage therapy market drivers and challenges
- To get information on phage therapy market size value/revenue (US$ Mn) forecast till 2027
- Major Investments, Mergers & Acquisition inphage therapy industry

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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