Press release
Global Personalized Medicines Market is expected to grow high with a CAGR of 9.5% during 2018-2025
This report focuses on the global Personalized Medicines status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Personalized Medicines development in United States, Europe and China.
Personalized medicine is tailoring of a treatment to a specific patient i.e. designing medicine treatment on the basis of diagnosis, disease condition, patient history, body physics, and other factors related to patients and diseases. Personalized medicine is also known as precision medicine, stratified medicine, or P4 medicine.
Growing healthcare expenditure levels triggering the need for an effective diagnostic procedure for cancer, growing prevalence of cancer and increasing usage of combination biomarkers for diagnostics are few factors expected to boost market growth.
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The report also provides a clear picture of the Personalized Medicines market’s competitive ecosystem. It does in that capacity by using analytic tools, for instance, Porter's Five Forces Analysis and SWOT Analysis. It elucidates on how simple or complicate it is for a new player to enter the market at this point. It provides data on a comparative note with the aim to enable vendors to strategize their frameworks carefully. The report moreover gives the regard tie examination to the market for Personalized Medicines.
Also, the report on the global Personalized Medicines market looks at the impact of the latest mergers and securing and joint ventures on the engaged scene. It also offers basic recommendation for new companies that can engage associations to streamline their assignments and pay structure. To set up the report, agents have extensively dealt with a record upon basic and discretionary research.
In 2017, the global Personalized Medicines market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of 9.5% during 2018-2025.
The key players covered in this study
3G Biotech
Quest Diagnostics
Laboratory Corporation of America
Abbott
Agendia NV
Asuragen Inc
Becton Dickinson
CardioDx Inc.
Foundation Medicine
Qiagen
Siemens Healthcare
Amgen
Bristol-Myers Squibb
GE Healthcare
Pfizer
Sanofi
23andMe
Illumina
Market segment by Type, the product can be split into
PM Diagnostics
PM Therapeutics
Personalized Medical Care
Personalized Nutrition & Wellness
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Market segment by Application, split into
Hospitals Pharmacies
Retail Pharmacies
Dietary Care Centers
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Personalized Medicines status, future forecast, growth opportunity, key market and key players.
To present the Personalized Medicines development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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