Recent News 26 : Bacteriophage Market Opportunities and Top Key Players

Bacteriophage Market Opportunities and Top Key Players Introduction : Based on market forecasts, the bacteriophage sector will expand from USD 55.35 million in 2024 to USD 124.09 million by 2034, experiencing a CAGR of 8.44%. The increasing incidence of antimicrobial resistance and the rising prevalence of infectious diseases bolster market growth. The availability of state-of-the-art research and development facilities and the growing demand for personalized medicines contribute to North America’s dominance . I) Bacteriophage Market Size, Trends and Dynamics The global bacteriophage market size is calculated at USD 55.35 million in 2024, grew to USD 60 million in 2025, and is projected to reach around USD 124.09 million by 2034. The market is expanding at a CAGR of 8.44% between 2025 and 2034. The bacteriophage market is mainly driven by the rising prevalence of infectious diseases and the increasing risk of antimicrobial resistance. Several researchers are developing novel drug deliv...