openPR Logo
Press release

Global Precision Medicine Market to Witness a Significant 9.7% CAGR Growth

08-16-2018 04:18 PM CET | Health & Medicine

Press release from: Research On Global Markets

Global Precision Medicine Market to Witness a Significant 9.7%

(ROGM) - Research On Global Markets, a global market research firm, released a report on the Global Precision Medicine Market today. The report, prepared by Netscribes, shows that global precision medicine market is expected to witness a significant compounded annual growth rate (CAGR) of 9.7%, and have a market size in excess of USD 96 Bn by 2023.

Precision medicine involves diagnosis of diseases by evaluating the individual’s genetic makeup and giving a therapeutic treatment to the patient. According to Netscribes, the concept of precision medicine is gaining rapid pace in the medicine community, riding on the back of technological advancements like next generation sequencing, molecular biomarker analysis and much more.

However, Netscribes remains apprehensive about the potential threat to personal data, high diagnostic costs as a barrier, potential risk of hardware or software failure, and believes that these may act as major hindrances for the overall growth of the market.

Key highlights of this report:
• Drivers and challenges in the global precision medicine market
• Historical, current and forecasted market size data for end use segments in the global precision medicine market (pharmaceuticals and biotech companies, clinical laboratories, diagnostic companies, and healthcare IT specialists/big data companies)
• Historical, current and forecasted market size data for the therapeutics segment in the global precision medicine market (cancer, cardiovascular, central nervous system, psychiatric disorder, and infectious diseases)
• Analysis of the competitive landscape and profiles of major companies operating in the market
This report has been formulated and designed with the purpose of giving businesses a concise understanding of the demand for precision medicine across the globe, developing strategies based on the drivers, trends and highlights for each of the segments, and helping brands identify their major competitors, and respond accordingly.

For more information, download the Global Precision Medicine Market Report.
About Research On Global Markets:
https://www.researchonglobalmarkets.com/global-precision-medicine-market-2018-2023.html

Research On Global Markets is a leading source of research reports on worldwide markets. We are experts in Healthcare and Technology Research and also cover a broad range of industries across international markets to help customers make informed business decisions.

Owned by Netscribes, Research on Global Markets draws from the company’s vast experience in market research and intelligence. For any queries regarding our products and

41 East, 11th Street, New York, NY10003, USA
US Toll-Free: 18888313350
M: +91 9903154956

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Precision Medicine Market to Witness a Significant 9.7% CAGR Growth here

News-ID: 1182417 • Views:

More Releases from Research On Global Markets

The Global Digital Gaming Market projected to reach USD 264.9 Bn in revenue by 2023, with 15.7% CAGR
The Global Digital Gaming Market projected to reach USD 264.9 Bn in revenue by 2 …
Digital gaming is one industry that is growing, as it comprises of so many kinds of entertainment. The report developed by Research On Global Markets on the Global Digital Gaming Market shows that it is currently valued at USD 264.9 Bn. While we are all aware of how popular the console gaming, what has taken the industry for digital gaming by storm is the wave of smartphone
Increased demand levels indicate that the Global Nutritional Supplement Market is valued at USD 245.4 Bn by 2023
Increased demand levels indicate that the Global Nutritional Supplement Market i …
The use of nutritional supplements, globally, has increased and this is primarily driven by the need be healthy, fit and to lose weight. Also adding momentum to the Global Nutritional Supplement Market are the factors that just make sense. For example, the average cost of healthcare has skyrocketed, leading many consumers to believe that staying healthy would help them to avoid those costs. Self-medication too is on the rise as
Instant Noodles Market in India
Instant Noodles Market in India
A new report from Research On Global Markets shows that the Instant Noodles Market in India was the fourth largest and that consistent growth and consumer acceptance will drive a total market value of INR 51.1 Bn in 2020. Developed extensively over a period of time, studies showed that Nestle was the dominant player even though sales had been impacted by the recent controversy concerning excessive levels of lead in

More Releases for Precision

Precision Air Conditioner
Precision air conditioner is used to control the temperature and humidity to accurately maintain the microclimate parameters in environments such as data centers, hospitals and laboratories. Unlike home or domestic air conditioners, which are designed to cool humans, precision air conditioners in most cases are used for cooling IT equipment. https://www.nigeriacontractor.com/buy-precision-air-conditioner-in-nigeria/ Official website of Akpo Oyegwa Refrigeration Company: https://www.nigeriacontractor.com/ 7th Floor Mulliner Towers, 39 Alfred Rewane Road, Ikoyi Lagos, Nigeria. Direct Expansion Precision Air Conditioner from 6 to
Precision Casting Market In-deep Analysis and Experts Review Report 2020 to 2026 …
The global Precision Casting Market research report 2020 provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Precision Casting market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue, and forecast 2026. The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, current
Agriculture IoT Market by Precision Farming, Precision Forestry and Smart Greenh …
Hardware to hold the largest share of agriculture IoT market during the forecast period Hardware is expected to account for the largest share of the agriculture IoT market during the forecast period. The increasing adoption of new technologies and advanced devices for smart agriculture is expected to drive the growth of the agriculture IoT market for hardware during the forecast period. Precision farming involves hardware devices and tools to minimize input
Precision Medicine Market
Precision medicine is an approach of treatment that has been derived on the basis of individual variability in environment, genes and lifestyle of each person. This novel approach assists medical practitioners and researchers to understand various treatment needs in order to prevent specific diseases. It allows for highly precise targeting of medication for treatment of various diseases, which is expected to lead to high adoption by medical practitioners and researchers.
Global Precision Farming Market 2017 : Cropmetrics, Agjunction, Trimble, Precisi …
A market study based on the "Precision Farming Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Precision Farming Market 2017’. The research report analyses the historical as well as present performance of the worldwide Precision Farming industry, and makes predictions on the future status of Precision Farming market on the basis of this analysis. Get Free Sample Copy of Report Here : http://bit.ly/2q8CiX3 Top Manufacturers
Precision Glass & Optics Provides Precision Cutting/Scribing on Thin Flat Glass
Precision Glass & Optics (PG&O® - pgo.com), global experts in optical manufacturing, glass fabrication, and precision thin film coatings, offers precision glass cutting and scribing on thin flat substrates up to 24” x 24” (600 mm x 600 mm). Utilizing equipment from TLC International (Phoenix, AZ – www.tlcinternational.com), manufacturers of high-accuracy mechanical glass cutting/scribing equipment, PG&O uses the Gen-3 TLC Phoenix-600® machines to provide highly technical, precision cuts on glass