Personalized Medicine Market Share Growing Rapidly with Recent Trends, Development, Revenue, Demand and Forecast to 2029

The global personalized medicine market was valued at USD 596 billion in 2019 and is expected to grow at 11.7% CAGR during the forecast study period.

The study gives a transparent view of the Global Personalized Medicine Market and includes a thorough competitive scenario and portfolio of the key players functioning in it.

Personalized medicine is tailoring of specific treatment according to the individual’s genetic makeup, disease condition, diagnosis, body physics, patient history and other relevant factors. It is also known as precision medicine, P4 medicine or stratified medicine. Diagnostic analysis is often done in personalized medicine to determine optimal and appropriate therapies based on the genetic content of the patient, or other molecular or cellular research.

Hence this market is significantly driven by the factors briefly explained below:
Booming technological progressions: Increasing demand for technologically sophisticated tools for storage and analysis of patient data and rapid integration. Artificial intelligence, machine learning, digital biomedical biomarkers and computational biology are predicted to offer lucrative opportunity to enable precise diagnosis and treatment. The development of bioinformatics solutions and software by healthcare IT domain will support the market growth.

Advent of NGS technology: Widespread availability of sequencing techniques, especially Next Generation Sequencing (NGS), is expected to drive the market due to rising sequencing costs and the growth of Human Genome Project in the field of genomics. Widespread availability of sequencing techniques, especially Next Generation Sequencing (NGS), is expected to drive the market due to rising sequencing costs and the growth of Human Genome Project in the field of genomics.

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The Major Players Covered in this Report: Biocrates Life Sciences, Qiagen, Tepnel Pharma Services,Novartis, NanoString Technologies, Menarini Silicon Biosystems, Pfizer, Nestle Health Science, Eagle Genomics, Roche, Quest Diagnostics, Teva Pharmaceuticals, and Intomics, & More...

Global Personalized Medicine Market Segmentation, Product, Personalized Nutrition & Wellness, Nutrition Care, Alternative medicines care, Medical Retail, Others, Personalized Medical Care, Telemedicine & Remote Patient Monitoring, EMR, Other, Personalized Diagnostic, Personalized Therapeutic, Application, Disease Treatment, Oncology, Psychiatry, Infectious Diseases, Cardiology, Endocrinology, Neurology, Gastroenterology, Rheumatology, Others, Biomarker Identification, Clinical Research, Others, End Use, Hospitals & clinics, Diagnostic laboratories and testing facilities, Others

View this report with a detailed description and TOC @ 
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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Personalized Medicine in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Personalized Medicine market during the forecast period 2021-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region.

The report covers exhaustive analysis on:
Overview of the parent market
Global Personalized Medicine Market Segments, Dynamics, Market Size, Share, Price, Volume, and Cost
Historical, current and projected market size in terms of volume and value
Global Personalized Medicine Market Forecast 2021 to 2029
Supply & Demand Value Chain
Global Personalized Medicine Market dynamics, including the current trends/drivers/threats/restraints/challenges
Potential and niche segments/regions exhibiting promising growth
Market landscape, competition, and leading companies involved
Strategies of leading companies and product offerings
Technological advancements

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