Press release
Precision Medicine Market Comprehensive Analysis 2019: Pfizer, Inc., Novartis AG, Intomics, Ferrer Incode, Nanostring Technologies, Inc
Precision Medicine
Request Sample Copy Of This Report: www.coherentmarketinsights.com/insight/request-sample/145
In July 2017, NCI has also launched various precision medicine trials, which include Adjuvant Lung Cancer Enrichment Marker Identification and Sequencing Trials (ALCHEMIST), Lung Cancer Master Protocol (Lung-MAP), Molecular Analysis for Therapy Choice (NCI-MATCH), and Molecular Profiling-Based Assignment of Cancer Therapy (NCI-MPACT).
The cost and time required for developing new precision medicines is expected to reduce due to the development of big data analysis and IT sector. Moreover, the development of new precision medicines will help in providing the right prescription to improve patient’s health. Huge amount of useful data required for tailored prescription is created by numerous genetic tests and diagnostic tests, which are to be carried out to provide precision medicines. Physicians are able to provide precision medicine, as big data analysis and IT are able to crunch, analyze, and store the necessary data. Key players in the market who are working towards developing bioinformatics technology for precision medicine research applications are funded by the government. For instance, in August 2017, Armonica Technologies, Inc., an Albuquerque-based company, received US$ 1.5 million as a catalyst fund.
Request for Customization of Research Report @ https://www.coherentmarketinsights.com/insight/request-customization/145
The drugs developed by manufacturers are hard to approve and expensive. They are not functional for large number of population, which has built the pressure on pharmaceutical companies to develop an active drug to cure the disease, which can be done with the help of Big Data Analysis and IT sectors to manufacture the precision medicines.
Growth restraining factors for precision medicine include unavailability of the insurance coverage on the genetic test, which is a mandatory test to analysis the mutation and according to it precision medicine could be provided. High cost of genetic test also hampers the growth of precision medicine market.
Key players in the precision medicine market are adopting strategies such as collaboration to strengthen their product portfolio. In 2016, Precision for Medicine, Inc. signed a deal for the acquisition of ACT Oncology, which will help the company to have a strong foothold in the personalized cancer clinical trial space. In August 2017, Variantyx, a genetic testing company, announced its partnership with FDNA. FDNA has a facial recognition software, which helped in the diagnosis of rare diseases. It is expected to fulfill the demand of patients and offer them precision medicine.
Inquire about Discount on this Report @ www.coherentmarketinsights.com/insight/request-discount/145
Some major players operating in the precision medicine market includes Intomics, ferrer incode, Nanostring Technologies, Inc.Tepnel Pharma Services, Pfizer, Inc., Novartis AG, Teva Pharmaceuticals, Merck & Co., Inc., Qiagen N.V., and Quest Diagnostics.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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 Precision Medicine Market Comprehensive Analysis 2019: Pfizer, Inc., Novartis AG, Intomics, Ferrer Incode, Nanostring Technologies, Inc here
News-ID: 1735931 • Views: …
More Releases from Coherent Market Insights
Board Packaging Market Analysis: Insights into Market Dynamics and Future Growth …
The latest report published by Coherent Market Insights highlights the growth prospects of the Board Packaging Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such…
Tankless Water Heater Market Analysis: Growth Factors, Opportunities, Challenges …
The latest report published by Coherent Market Insights highlights the growth prospects of the Tankless Water Heater Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors…
Bispyribac Sodium Market Research Report: Industry Analysis, Size, Share, Growth …
The latest report published by Coherent Market Insights highlights the growth prospects of the Bispyribac Sodium Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such…
Electroplating Market: An Insightful Evaluation of Growth, Demand, Trends, and F …
The global electroplating market is US$ 18.40 Billion in 2022 and projected to reach US$ 27.3 Billion by the end of 2030, in terms of revenue, growing at CAGR of 5.06% during the forecast period (2023 to 2030).
The latest report published by Coherent Market Insights highlights the growth prospects of the Electroplating Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast.…
More Releases for NCI
Metal Roofing Market NCI Building Systems, Inc., The Interlock Group and Ideal R …
The Metal Roofing Market Report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.The market report covers strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. It also delivers the list of leading competitors and provides the insights about strategic analysis of the key factors influencing the…
Global Hardwall Cleanrooms Market 2018 - Terra Universal, NCI, Inc., ABTECH, Sim …
Apex Market Reports, recently published a detailed market research study focused on the “Hardwall Cleanrooms Market” across the global, regional and country level. The report provides 360° analysis of “Hardwall Cleanrooms Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Hardwall Cleanrooms on…
Global MLCC Electronic Ceramics Market 2018- Sakai, Ferro, NCI, Fuji Titanium, K …
The Global MLCC Electronic Ceramics Industry 2018 Market Research Report is a professional and in-depth study on the current state of the MLCC Electronic Ceramics industry.
Firstly, MLCC Electronic Ceramics Market report provides a basic overview of the MLCC Electronic Ceramics industry including definitions, classifications, applications and MLCC Electronic Ceramics industry chain structure. Global MLCC Electronic Ceramics Market analysis is provided for the international market including development history, MLCC Electronic Ceramics…
Food Pail Market Size 2017-2022 NCI Packaging, TEMMA SHIKI, Aaron, Albany
Food Pail Market Research 2017
A market study ” Global Food Pail Market ” will help you understand, formulate and implement strategic decisions by offering critical data, insights and analysis from technology as well as commercial perspective on the Food Pail market. It encloses an in-depth Research of the Food Pail market state and the competitive landscape globally. This report consist of comprehensive market data, on a granular level, providing a…
Steel Sandwich Panels Market 2017- Kingspan, NCI Building Systems, TATA Steel, V …
Steel Sandwich Panels Market 2017 Industry research report provides important information to identify and analyze the market need, market size and competition. This market research report used in maintaining competitiveness over competitors.
“Steel sandwich panel is made of three layers: low density core inserted in between two relatively thin skin layers. The most used materials for cores are expanded polystyrene, polyurethane, phenolic aldehyde, mineral wool. Steel sandwich panel is widely…
Global Calcium Cyanamide Market-Denka ,Jiafeng Chemical, NCI, Gulang Xinmiao
Global Calcium Cyanamide Market report 2017 is an in-depth research on the current situation of the Calcium Cyanamide industry.
The Scope of the Calcium Cyanamide research report:
The Global Calcium Cyanamide Market primarily includes a basic overview of the Calcium Cyanamide industry. It also includes Calcium Cyanamide definitions, classifications and applications. It segments the market by applications, types, regions, competitive players and also analyzes Calcium Cyanamide market size, business share and Calcium…
