The Global Precision Medicine Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of XX% by 2025. The market is driven by growing prevalence of cancer across the globe coupled with advancement in cancer biology.
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Precision medicine is the new development in healthcare industry which enables various disease investigation by evaluating genetic makeup of an individual subject, thereby, providing a tailored therapeutic treatment to each patient. Growth of personal healthcare devices and integration of smart technologies in the healthcare system are gaining traction over past few years, which in turn becomes growing factor for global precision medicine market. Along with this government initiatives, increased funding coupled with advancement in big data analytics will provide future growth opportunity and advance the field of precision medicine.
However, excessive cost associated with precision medicine will hinder the market growth during the projected period. North America region accounted for the largest market share in 2017 and is expected to grow considerably during the projected period, owing to high prevalence of cancer coupled with favorable regulatory scenario in the region. Some of the key players operating in this market Intomics, F. Hoffmann-La Roche, NanoString Technologies, Laboratory Corporation of America Holdings, and Others.
Key Benefits of the Report:
- Global, Regional, Country, and Application Market Size and Forecast from 2014-2025
- Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
- Identification of key companies that can influence this market on a global and regional scale
- Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
- Detailed insights on emerging regions, Application, and competitive landscape with qualitative and quantitative information and facts
Global Precision Medicine Industry is spread across 121 pages, profiling 05 top companies and supported with tables and figures.
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* Precision Medicine manufacturers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and Application industry trends and dynamics, capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate. The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
- Original Equipment Manufacturer,
- Component Supplier,
- Government Body & Associations, and
- Research Institute
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TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 Global Precision Medicine Market — Industry Outlook
4 Global Precision Medicine Market Technology Outlook
5 Global Precision Medicine Market Application Outlook
6 Global Precision Medicine Market Regional Outlook
7 Competitive Landscape
End Of The Report
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