Precision Medicines Market: Strong Development USD 88.64 billion, CAGR of 12.48% by 2022

Global Precision Medicine market Information, By Ecosystem (pharma & biotech companies, diagnostic tool companies, healthcare IT/ big data companies, clinical laboratories), By Sub-markets (companion diagnostics, biomarker-based test, targeted therapeutics, pharmacogenomics, molecular diagnostics, others), By Therapeutics (cancer/oncology, cardiovascular disease, central nervous system, infectious diseases, others) – Forecast to 2022

Market Research Future Publish a New Report on – “Precision Medicines Market Research Report – Global Forecast to 2022”

Exclusive Summery About Report:

Precision medicine refers to medicines developed as per an individual’s genetic profile that helps as a guide for the prevention, diagnosis and treatment of diseases. The global precision medicine market was valued at $38.92 billion in 2015, and is expected to reach $88.64 billion by 2022. Thus the market is expected to perform a growth at a CAGR of 12.48% from 2015 to 2022.

The major market driving factor for precision medicine are patient’s involvement in personal healthcare, integration of wireless technologies with portable healthcare devices, and increase in genetic diseases (due to mutation, UV rays) among others.

The market constraints include potential threat to personal data, high diagnostic cost as a barrier, potential risk of hardware or software failure, stringent regulations and standards, lack of awareness about the possible applications of precision medicine, reimbursement policies and regulatory framework, limited knowledge about the application of test and techniques, lack of research and evidences creating hindrances in its application.

Test the market data and market information presented through more than 60 market data tables and figures spread over 80 numbers of pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Precision Medicine Market Research Report – Forecast to 2022”.

Precision Medicines Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

  • Abbott Laboratories,
  • Almac Group, Ltd.,
  • Asuragen, Inc.,
  • Biomérieux Sa,
  • Cepheid Inc.,
  • Cetics Healthcare Technologies Gmbh,
  • Ge Healthcare,
  • Glaxosmithkline Plc,
  • Johnson & Johnson,

Laboratory Corporation Of America Holdings, Medtronic, Novartis, Pfizer Inc., Qiagen, Biobase Gmbh, Quest Diagnostics Inc, Randox Laboratories Ltd., Sanofi Pharma, Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., Ab-Biotics Sa, Caris Life Sciences, Healthcore, Inc., Ibm, Innventis, Intel Corporation, Molecular Health Gmbh, Precision For Medicine and others.

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Intended Audience:

  • Global Precision Medicine manufacturers
  • Global Precision Medicine suppliers
  • Research and Development Laboratories
  • Market Research and Consulting Service Providers

Segments:

Global Precision Medicine market has been segmented on the basis of ecosystem, sub-market, therapeutics and region.

By ecosystem diagnostic tool companies holds the largest market share of precision medicine market and is expected to reach USD 27.56 billion by 2022.

By sub-market, company diagnostics holds the largest market share of precision medicine market and is expected to reach USD 21.32 billion by 2022.

Regional Analysis of Global Precision Medicine Market:

Globally North America is the largest market for global precision medicine. Europe is the second-largest market for global precision medicine. The near future market for precision medicine will be dominated by the developed regions with developing regions providing a supporting role only. However the developing regions market particularly Asia Pacific will be the fastest growing and is likely to be the key to the future.

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Table of Content

1 Report Scope

1.1 Scope Of The Study

1.2 Precision Medicine: Report Coverage

1.3 Research Methodology

1.3.1 Research Methodology For The Global Market Study

1.3.1.1 Geographical Analysis

1.3.1.2 Demand Side & Supply Side Analysis

1.3.1.3 Data Synthesis And Bridging

1.3.2 Global Precision Medicine: Research Methodology

1.3.3 Key Data Point Sources

1.3.3.1 Data Points Taken From Secondary Sources

1.3.3.2 Data Points Taken From Primary Sources

1.4 Report Description

2   Executive Summary

3   Market Overview

3.1 Introduction

3.2 Market Timeline

3.3 Key Participants, Strategies & Developments

3.3.1 Government Agencies

3.3.2 Academic Institutions

3.3.3 Device & Service Providers

3.4 Key Market Strategies And Developments

3.4.1 Introduction

3.4.2 Partnerships, Agreements, And Collaborations

3.4.3 Mergers & Acquisitions

3.4.4 Product Development And Launch

3.4.5 Business Expansion/Contracts

3.4.6 Patents, Approvals And Certifications

3.4.7 Others (Events & Recognitions)

4 Market Dynamics

………Continued

The report for Global Precision Medicine Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.

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