Global Precision Medicine Software Market 2021: Outlook, Opportunities, Growth and Forecast by 2030 with Prominent Players like Syapse Inc., IBM Corporation and Oracle.

The informative report on the global Precision Medicine Software market has recently published by Absolute Markets Insights to its vast database which helps to make informed decisions in the businesses. It is a complete source of information of various attributes of businesses such as market size, growth, and shares. This research report further identifies some significant market segments.

Precision medicine is a prototype in healthcare which provides the customization of healthcare with medical decisions, practices, treatments, and products for patients in person. It states about right therapeutic approach for the right patient at the right time. The use of precision medicine is to identify which treatment approach is effective for patients on the basis of genetic, environment, and lifestyle factors. Precision medicine software allows the healthcare professionals (HCPs) to provide personalized treatment plans to patients based on their genetic content. It gives a wide range of applications in both the clinical and diagnostic areas and it combines genetic and clinical data to cater targeted patient care, which is increasing the demand of precision medicine software market.

Request a Sample@ https://www.absolutemarketsinsights.com/request_sample.php?id=349

The global precision medicine software market is experiencing lucrative growth owing to the increase in the number of patients suffering from chronic diseases such as cancer, heart diseases, and diabetes. For instance, as per the data presented by International Agency for Research on Cancer (IARC), in 2018, the cancer burden was 18.1 million new cases and 9.6 million deaths across the world. One in five men and one in six women around the globe develop cancer during their lifetime, and one in eight men and one in 11 women die from the disease.

Koninklijke Philips N.V. (Philips Healthcare), a multinational electronics company focusing on healthcare, offers precision medicine platform, namely, IntelliSpace. It enables end-to-end oncology care or cancer management. The platform unifies and streamlines oncology care throughout the patient journey from molecular diagnostics to therapy recommendations. IntelliSpace, a precision medicine oncology solution integrates information over different clinical domains such as pathology, electronic health record (EHR) systems, radiology, and genomics. It consolidates all key patient and medical data in one location to represent a clear, comprehensible view of patient status in its disease and enable data driven clinical decision support, which in turn is propelling the precision medicine software market.

Enquiry Before Buying@ https://www.absolutemarketsinsights.com/enquiry_before_buying.php?id=349

Precision medicine with the integration of artificial intelligence (AI) will go to the next level with more accuracy and prediction of outcome for patients. Its major benefit for precision medicine is that it predicts outcomes as well as enables healthcare professionals to predict patient’s probability of having diseases in the future, thus driving the demand of precision medicine software market. Oracle, an American multinational computer technology corporation offers precision medicine software that enables researchers, clinicians, and molecular pathologists to work together. The software addresses data aggregation, normalization and workflow issues, knowledge exchange which restricts timely creation of patient molecular profiles and it also enables spectrum testing from gene panels through whole genome sequencing, and integration with electronic health record systems for seamless clinical workflow.

Request for Customization@ https://www.absolutemarketsinsights.com/request_for_customization.php?id=349

Key Findings of the Report:
• In terms of revenue, global precision medicine software market is expected to reach US$ 2,747.64 million by 2027 attributed to the rising burden of chronic diseases such as cancer, diabetes, and cardiovascular diseases (CVDs), among others
• On the basis of access systems, data warehouse segment is expected to grow exponentially over the forecast period as the enterprise data warehouse (EDW) enables all data from an organization with numerous inpatient and outpatient facilities to be integrated and analyzed.
• Based on the deployment, cloud based deployment is projected to hold substantial market share over the forecast period as cloud computing in healthcare sector reduces the cost of storage, time and quality of treatment
• Some of the prominent players operating in the precision medicine software market include 2bPrecise, Syapse, Inc., IBM Corporation, Koninklijke Philips N.V. and Oracle, amongst others.

Get Full Information of this premium report@ https://www.absolutemarketsinsights.com/reports/Precision-Medicine-Software-Market-2019-2027-349

Contact Us:

Company: Absolute Markets Insights
Email Id: sales@absolutemarketsinsights.com 
Phone: +91-740-024-2424
Contact Name: Shreyas Tanna
Website: www.absolutemarketsinsights.com/

About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.
From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

This release was published on openPR.