Personalized Medicine (PM) Market Predict Long Term Growth at USD 5208.68 Bn With 12.01% of CAGR By 2022 | Says; Quest Diagnostics, 3G Biotech, Laboratory Co., GE Healthcare,Astra Zeneca PLC, Roche Holding AG, Vertex Pharmaceuticals Inc.

Crystal Market Research (CMR) render to you profound details in respect to leading participants, regions, application and type of the Personalized Medicine (PM) Market which is estimated to encounter substantial growth over the forecast period 2018-2022.

Industry Overview and Trend Analysis:
In 2012, the global personalized medicine market was evaluated around USD 806.97 billion and is expected to reach approximately USD 5208.68 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 12.01% over the forecast period. Major driving factors of the global market are increasing development of whole genome, companion diagnostics, next-generation sequencing technology, and rising retail clinics. Rising healthcare spending levels stimulating the demand for an efficient cancer diagnostic procedure, rising incidence of cancer and growing utilization of amalgamation biomarkers for diagnostics are some factors projected to boost the growth of the global market. Rising implementation of next-generation sequencing by medical practitioners and clinicians for genetic mapping of patients worldwide and increasing support for the personalized drug by regulatory and reimbursement landscape are also expected driving factors for global demand over 2022. Global market growth is also projected to augment via the new drugs introduction that is linked and companion diagnostics, and increasing usage of accurate and extremely sensitive genetic diagnostic method for disease testing as well as risk assessment. The expected rise in advanced DNA diagnostic use along with the decline in implementation price for whole genome sequencing is anticipated to significantly increased rates.

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Competitive Outlook and Trend Analysis:
Market players ruling personalized medicine market are occupied in the progression of these testing methodologies to improve public application rates of genetic therapeutic, personalized tailor-made therapy prescriptions and companion diagnostic tests. Major market players are Quest Diagnostics, 3G Biotech, Laboratory Corporation of America, Agendia NV, Abbott, AsuragenInc, CardioDx Inc., Becton Dickinson & Co., Foundation Medicine Inc., Siemens Healthcare Diagnostics Inc., Qiagen Inc., Amgen Inc., GE Healthcare, Bristol-Myers Squibb, Pfizer Inc., 23andMe, Sanofi, Illumina Inc., Astra Zeneca PLC, Roche Holding AG, Vertex Pharmaceuticals Inc., American Association for Cancer Research and Merck & Co. Inc.

Regional Outlook and Trend Analysis:
In 2014, North American regional personalized medicine market ruled global demand, due to supportive NIH policies and government funding, rising adoption of clinical practitioners, central consolidation of healthcare IT and EHR systems with hospital operations, and incorporation into clinical trials. Technological advancements of next-generation sequencing ensuing in cost decline of genomic sequencing is too an elevated impact providing factor projected to bestow towards the growth of the market. Though, the Asia-Pacific regional personalized medicine industry is anticipated witness major gains during the forecasted years due to the existence of a considerably large base of unfulfilled industry demand, rising technological progression of the regional medical framework and rising awareness regarding genetic diagnostics, therapeutics, and genomic sequencing.

By Product:
1) PM Diagnostics: Genetic Testing, Direct-to-consumer Diagnostics, Esoteric Lab Services and Esoteric Lab Tests

2) PM Therapeutics: Pharmaceutical, Genomic Medicine and Medical Devices

3) Personalized Medical Care: Telemedicine, Healthcare Information Technology and Diseases Management

4) Personalized Nutrition & Wellness: Retail Nutrition, Complementary Medicine and Alternative Medicine

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By Region: North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)

Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology

Chapter 2. Executive Summary
2.1. Key Highlights

Chapter 3. Market Overview
3.1. Introduction
3.2. Market Dynamics

Chapter 4. Personalized Medicine (PM) Market, By Product
4.1. Introduction
4.2. Personalized Medicine (PM) Market Assessment and Forecast, By Product, 2012-2022
4.3. PM Diagnostics
4.4. PM Therapeutics
4.5. Personalized Medical Care

Chapter 5. Personalized Medicine (PM) Market, By Region
5.1. Introduction
5.2. Personalized Medicine (PM) Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.3. North America
5.4. Europe
5.5. Asia-Pacific
5.6. Rest of the World

Chapter 6. Company Profiles
6.1. Abbott Laboratories
6.2. GE Healthcare
6.3. Cepheid
6.4. Illumina Incorporated
6.5. Dako A/S
6.6. Biogen
6.7. Exagen Diagnostics Inc.
6.8. Decode Genetics Inc.
6.9. Genelex Corporation
6.10. Qiagen Incorporated
6.11. Celera Diagnostics
6.12. DNA Direct Inc
6.13. Affymetrix Incorporated
6.14. Agendia N.V.

…Read Full Table of Contents

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