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Precision Medicine Market - Initiative aims to use advances in Clinical and basic research to develop therapeutics | Detailed Study by Stratagem Market Insights with Upcoming Trends

06-21-2021 01:10 PM CET | Health & Medicine

Press release from: Stratagem Market Insights

Precision Medicine Industry

Precision Medicine Industry

Impact of COVID-19 on the global Precision Medicine: Market Size, Share & Trends Analysis Report By Type (Bioinformatics, Gene Sequencing, Drug Discovery, Precision Molecular Diagnostics, Big Data Analytics), By Application (Oncology, CNS, Hematology, Respiratory, Immunology, Others), and By Region

This report studies the global Precision Medicine market, analyzes and researches the development status and forecast in five different regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

This report covers:

1. This report assess the outlook of the market with the latest trends and SWOT analysis along with the market value (USD Million) and volume (Units Million) data for each segment and sub-segment
2. The report also offer market dynamics and emerging opportunities in the near future
3. Market segmentation analysis including qualitative and quantitative research based on economic and non-economic aspects
4. Competitive dashboard involving the market share of key players, along with the new products and strategies adopted by players in the past five years
5. Offer company profiles covering the key financial information, product offerings, recent developments, and strategies adopted by the key market players

Request Free Sample Copy of the report “Impact of COVID-19 Outbreak on Precision Medicine Market” at: https://www.stratagemmarketinsights.com/sample/12692

Precision Medicine Market Overview:

Precision Medicine initiative aims to use advances in clinical and basic research to develop therapeutics that selectively target and kill cancer cells. This allows researchers to develop chemically tractable probes that can image cancer in Vivo. Precision Medicine is used to treat children or adolescent patients suffering from brain tumor that have no other effective therapies. Various companies are continuously investing in research and development to further refine precision Medicines for interventional surgical imaging, as well as for diagnostic and therapeutic applications. In 2015, Pfizer, Inc. established Center of Excellence in Precision Medicine (CEPM) in Chile, in partnership with Thermo Fisher Scientific, to validate new, more precise, and less invasive technologies for diagnosing cancer.

Market Dynamics:

The two recent FDA drug approvals, Kalydeco (ivacaftor) and Keytruda (pembrolizumab), pertaining to 33 cystic fibrosis mutations and cancer treatment based on a genetic feature respectively, point to an encouraging future for precision Medicine. National Cancer Institute (NCI) conducts NCI-COG Pediatric MATCH trial that enrolls children and adolescents by advanced cancer therapy based on their genetic abnormality, where NCI also plans to support new immunotherapy clinical trials, antibody, testing of new combinations of the cell, small molecule, and radiation therapy studies, which include sequencing of tumor specimens. 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).

COVID-19 Impact:

The COVID-19 pandemic has put medical systems under enormous strain, while healthcare companies crawl to do their job in addressing the need. Major companies are working very hard to produce and deliver more reliable diagnostic tests, effective treatments, vaccines, and personal protective equipment.

For Precision Medicine Market Product Type Segment,
• Bioinformatics
• Gene Sequencing
• Drug Discovery
• Precision Molecular Diagnostics
• Big Data Analytics

For Precision Medicine Market End use/Application Segment,
• Oncology
- - Breast cancers
- - Lung Cancer
- - Others
• CNS
• Hematology
• Respiratory
• Immunology
• Others

Buy Now This Exclusive Report @ https://www.stratagemmarketinsights.com/cart/12692

Major Key Players Covered in this report:

• Intomics
• Ferrer Incode
• Nanostring Technologies, Inc.
• Tepnel Pharma Services
• Pfizer, Inc.
• Novartis AG
• Teva Pharmaceuticals
• Merck & Co., Inc.
• Qiagen N.V.
• Quest Diagnostics

About Our Service:

We help our customers to understand the complexity of various industries by our consulting services, research report, and customized research reports. Our team are highly qualified and well-trained to offer the optimum quality market research and intelligence services to our clients.

Have a Look at Related Research Insights:

https://www.stratagemmarketinsights.com/report/global-pediatric-Medicines-market
https://www.stratagemmarketinsights.com/report/global-translational-regenerative-Medicine-market
https://www.stratagemmarketinsights.com/report/global-photoMedicine-market

Contact Us:

Mr. Shah
Stratagem Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027 / JAPAN +815055391737
Email: sales@stratagemmarketinsights.com
SJ

About Us:

Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with a cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our team includes analysts that leverage their years of experience and expertise to create accurate and error-free reports.

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