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Precision Medicine Market 2018; grow at a CAGR of 12.48% with Topmost Players | Historical Data Analysis and Future Forecasts till 2022
Precision Medicine Market
Precision Medicine Market – Synopsis
Thus the market is expected to perform a growth at a CAGR of 12.48% from 2015 to 2022.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.
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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.
Precision Medicine Market - Vital Players:
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.
Precision Medicine Market - Regional Overview:
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.
Study Objectives Global Precision Medicine Market: The report provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the global precision medicine market and to provide insights about factors affecting the market growth.
The Precision Medicine Market report analyze the market based on various factors- price analysis, supply chain analysis, porters five force analysis etc and gives historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
The report provide country level analysis of the market for segments 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)
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To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments globally.
Segments: Global Precision Medicine market has been segmented on the basis of ecosystem, sub-market, therapeutics and region.
Major TOC of Global Precision Medicine Market Research Report – Forecast to 2022:
1 REPORT SCOPE
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
4 MARKET DYNAMICS
5 INDUSTRY DYNAMICS
6 CONSORTIUMS, CERTIFICATION, REGULATIONS, AND STANDARDS
7 GLOBAL PRECISION MEDICINE MARKET BY ECOSYSTEM PLAYERS
8 GLOBAL PRECISION MEDICINE MARKET BY SUB-MARKETS
9 GLOBAL PRECISION MEDICINE MARKET BY THERAPEUTICS
10 GLOBAL PRECISION MEDICINE MARKET BY GEOGRAPHY
11 COMPANY PROFILES
12 LIST OF TABLES
& more…
Key Questions Answered In This Report:
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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