Precision Medicine Market 2022 Precise Outlook- Johnson & Johnson, Roche, Labcorp, Abbott Laboratories, Novartis, Illumina, GE Healthcare, Intel Corporation

MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on the Precision Medicine market, forecast for 2022-2028, covering all aspects of the market and providing up-to-date data on current trends.

The Precision Medicine Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. The structured analysis contains graphical as well as a diagrammatic representation of the global Precision Medicine Market with its specific geographical regions.

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Top leading Companies Profiled in Precision Medicine Market Report are Johnson & Johnson, Roche, Labcorp, Abbott Laboratories, Novartis, Illumina, GE Healthcare, Intel Corporation, Biomrieux Sa, Cepheid, IBM, Qiagen, Thermo Fisher Scientific, Randox Laboratories, Almac Group, Healthcore

Precision Medicine Market was valued at approximately USD 58,450 million in 2020, and it is expected to reach about USD 98,550 million at a CAGR of 9.2% over the forecast period.

SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)

News and Updates

In October 2020, Diaceutics PLC launched DXRX – The Diagnostic Network, which has been designed to accelerate the end-to-end development and commercialization of precision medicine diagnostics by reducing time to peak biomarker test adoption for cancer testing from years to months.

In June 2020, Infosys launched an all-new, Personalized Medicine solution for the pharmaceutical industry. The solution leverages SAP S/4HANA, the SAP C/4HANA suite, the SAP Analytics Cloud solution, and the SCI platform to derive intelligent insights, enabling pharmaceutical companies to address critical business and regulatory requirements, while delivering personalized experiences to patients.

Market Overview

Also, in 2020, Cleveland Clinic initiated the genomic medicine project to identify genetic factors that propel susceptibility to the virus and use these to develop therapeutic and prevention strategies against the virus. With advancements in precision therapies and diagnostics, coupled with breakthrough innovations, such as Next Generation Sequencing (NGS) and big genomic data, the industry is expected to witness rapid growth during the forecast horizon.

Precision medicine, a combination of molecular biology techniques and system biology, is an emerging approach in disease treatment and prevention. The market growth for this approach is gaining momentum, as it takes into account individual variability in genes, environment, and lifestyle, for each person, while developing drugs and vaccines. The precision medicine market is segmented by technology (big data analytics, bioinformatics, gene sequencing, drug discovery, companion diagnostics, and other technologies), application (oncology, CNS, immunology, respiratory, and other applications), and geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.

Market Research Study Focus on these Types:

Diagnostics

Therapies           

Market Research Study Focus on these Applications:

Oncology

Neurosciences

Immunology

Respiratory

Others

Global Precision Medicine Market: Regional Segment-

─North America (US, Canada)

─Europe (Germany, UK, France, Rest of Europe)

─Asia Pacific (China, Japan, India, Rest of Asia Pacific)

─Latin America (Brazil, Mexico)

─Middle East and Africa

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Key Takeaways from Precision Medicine Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Precision Medicine market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Precision Medicine market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Precision Medicine

Precision Medicine Market Scenario:

This research report represents a detailed research overview of the competitive landscape of the Precision Medicine Market. Furthermore, it offers massive data relating to recent trends, developments, tools, and methodologies. The research report analyzes the Precision Medicine Market in a detailed manner for better insights into the businesses.

The report evaluates the growth rate and the Market value based on Market dynamics, growth-inducing factors. The complete knowledge is based on the latest industry news, threats, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

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Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.