Global Precision Medicine Market 2018 Top Companies are Orion Health, Ariel Precision Medicine, Metabolon, Inc., Pfizer, Biocrates Life Sciences AG, Medtronic, Novartis, Quest Diagnostics, Roche, Teva Pharmaceuticals, Menarini Silicon Biosystems

The Global Precision Medicine market is increasing the forecast years of 2017-2024 and pulling the Healthcare industry with it. The company profiles of all the key players and brands that are dominating the Precision Medicine market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned in the report. The report is generated based on the market type, size of the organization, availability on-premises and the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.

Precision Medicine Market accounted to USD 40.1 billion in 2016 growing at a CAGR of 10.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Precision Medicine Market By Technology (Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics, Others), By Application (Oncology, Hematology, Infectious Diseases, Cardiology, Neurology, Endocrinology, Pulmonary Diseases, Ophthalmology, Metabolic Diseases, Pharmagenomics, Others), By End User (Pharmaceuticals, Biotechnology, Diagnostic Companies, Laboratories, Healthcare IT Specialist), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Competitive Analysis:

The precision medicine market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mass spectrometry market for global, Europe, North America, Asia Pacific and South America.

Market Definition:

Precision medicine is an emerging technique for treating diseases and prevention according to individual’s variability of genes, environment and lifestyle of the patient. The approach allows the doctors and researchers to predict, treat and take preventive strategies for a particular disease.

Major Market Competitors:

Some of the major players operating in precision medicine market are

Orion Health,
Ariel Precision Medicine, Inc.,
Metabolon, Inc.,
Pfizer, Inc.,
Biocrates Life Sciences,
Medtronic,
Novartis AS,
Quest Diagnostics Incorporated,
Hoffmann-La Roche Ltd.,
Teva Pharmaceutical Industries Ltd.,
Menarini Silicon Biosystems,
Lantern Pharma,
Nanostring Technologies, Inc.,
Hologic, Inc.
Intomics A/S,
among others

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Reasons to Purchase this Report

Current and future of global healthcare analytics market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Major Market Drivers And Restraints:

Increasing online collaborative forums
R&D investments for characterizing genes
Increased incidences of cancer
Hazard of data sharing
Lack of knowledge and skilled professionals

Market Segmentation:

By technology:- big data analytics, bioinformatics, gene sequencing, drug discovery, companion diagnostics, and others.

By application:- oncology, hematology, infectious diseases, cardiology, neurology, endocrinology, pulmonary diseases, ophthalmology, metabolic diseases, pharmagenomics, and others.

On the basis of end-users:- pharmaceuticals, biotechnology, diagnostic companies, laboratories, and healthcare it specialist.

On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

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