Take Up Precision Medicine Market Opportunities with Clear Industry Data – Includes Precision Medicine Market Trends
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Major Players in precision medicine Quest Diagnostics, Thermo Fisher Scientific Inc., Roche Holding AG, Medtronic plc, Novartis AG.
TBRC’s precision medicine market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The precision medicine market is expected to reach $90.03 billion in 2025 at a rate of 10.9%. The global precision medicine market size is then expected to grow at a CAGR of 8.7% from 2025 and reach $136.37 billion in 2030.
The precision medicine market consists of sales of precision medicines and related services by entities (organizations, sole traders, and partnerships) that are used to treat diseases by relying on genomics and specific biomarker techniques. It allows doctors or physicians to select a treatment plan or drug therapy based on the patient’s genes, environment, and lifestyle. It is an emerging approach for disease treatment and prevention that takes into account individual variability in genes, environment, and lifestyle for each person. Precision medicine technologies also assist researchers and doctors in developing accurate treatment and prevention strategies for a particular disease that will work on a specific group of people.
Increasing aging population is expected to increase the prevalence of cancer cases contributing to the growth of the precision medicine market.
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Precision medicine companies are integrating artificial intelligence, machine learning and data analytics applications to treat the world’s most complex diseases and inheritable disorders. The advancements in technology has created new opportunities for precision medicine companies to use artificial intelligence and machine learning in precision medicine, virtual diagnosis and patient monitoring. AI provides access to a large amount of patient data that can then be used to study different conditions and conduct cancer diagnostics. The precision medicine approach using AI has enabled early diagnosis and intervention of a large number of chronic diseases.
TBRC’s Precision Medicine Market Report Segments:
By End-User: Pharmaceuticals, Diagnostic Companies, Healthcare and IT Firms, Others
By Technology: Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics, Others technology
By Application: Oncology, Respiratory Diseases, Central Nervous System Disorders, Immunology, Genetic Diseases, Other Applications
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Precision Medicine Market Report 2022–Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides an overview of the precision medicine market globally and regionally, analyzes and forecasts market size, share, precision medicine market players, precision medicine market segments, leading competitor revenues, profiles and market shares.
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