Global Precision Medicine Market has hiked Demand for Preventive Care

According to a new market research report launched by Inkwood Research, the Global Precision Medicine Market is expected to contribute around $128929.1 million by 2028, with a growth rate of 9.86% between 2021 and 2028
Browse 109 market data Tables and 69 Figures spread over 300 Pages, along with in-depth analysis on Global Precision Medicine Market by Application, Component & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Precision Medicine Market Scenario
Precision medicine is a rapidly growing concept that involves a detailed study of patient's information to characterize and diagnose the diseases. With the tremendous expansion, the medical community, through various advanced technologies, such as molecular biomarker analysis, next-generation sequencing, bioinformatics, and big data analytics, is pursuing to push boundaries in this segment. These advances provide immense potential to prevent and treat various chronic conditions like cancer, cardiovascular, neurology, and others, which burden the healthcare system.
The global precision medicine market holds enormous opportunities to restructure the healthcare industry. It is an emerging approach, which enables healthcare providers to avoid adverse drug reactions, improve methods of administration, focus efforts on prevention and earlier intervention, increase treatment options, and improve the quality of life. Furthermore, the key achievements in scientific research and technological advancements have played a major role in enabling a new era of patient care and treatment.
However, security risks associated with data sharing, uncertainty regarding reimbursement and regulatory policies, and difficulty acquiring pharmacotherapy approval for a new drug are some restraints impacting the overall market growth.

Request Free Sample Report for Global Precision Medicine Market by Application, Component & by Geography: https://www.inkwoodresearch.com/reports/precision-medicine-market#request-free-sample

Market Segmentation
Market by Application
• Infectious Diseases
• Oncology
• Neurology/Physiatry
• Lifestyle and Endocrinology
• Cardiovascular
• Gastroenterology
• Other Applications
Market by Component
• Precision Therapeutics
o Cell Therapy
o Clinical Trials
o Gene Therapy
o Drug Discovery and Research
• Applied Science
o Pharmacogenomics
o Genomics
 PCR
 PM NGS
 Genome Editing
 Other Genomics Technologies
o Other Applied Sciences
• Precision Diagnostics
o Medical Imaging
 Imaging Computer-Aided Detection (CADX)
 Imaging Analytics
o Molecular Diagnostics
 Companion Diagnostics
 Non-Invasive Prenatal Testing (NIPT)
 Liquid Biopsy
 Other Molecular Diagnostics
o Digital Health and Information Technology
 Big Data Analytics
 Clinical Decision Support Systems (CDSS)
 IT Infrastructure
 In-Silico Informatics
 Genomics Informatics
 Mobile Health

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028

Companies Profiled
• PFIZER INC
• EAGLE GENOMICS LTD
• F. HOFFMANN-LA ROCHE
• BIO-RAD LABORATORIES INC
• LABORATORY CORPORATION OF AMERICA HOLDINGS
• QIAGEN NV
• ELI LILLY & COMPANY
• NOVARTIS AG
• NANOSTRING TECHNOLOGIES
• ASTRA ZENECA PLC
• ABBOTT LABORATORIES
• DANAHER CORPORATION
• QUEST DIAGNOSTICS INCORPORATED
• BIOCRATES LIFE SCIENCES AG
• INTOMICS

Related Reports
GLOBAL ALZHEIMER'S DISEASE THERAPEUTICS AND DIAGNOSTIC MARKET - Global Alzheimer's disease therapeutics and diagnostics market to evolve with 5.40% of CAGR between 2021 and 2028
GLOBAL DIGITAL GENOME MARKET - Global digital genome market is anticipated to grow at a CAGR of 9.43% between 2021 and 2028.
GLOBAL KIDNEY CANCER THERAPEUTICS AND DIAGNOSTICS MARKET - Global kidney cancer therapeutics and diagnostics market is rising at a CAGR of 5.52% between 2019 and 2028.
GLOBAL LIQUID BIOPSY MARKET - Global liquid biopsy market is projected to rise at a CAGR of 18.91% over the forecast period.

Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

This release was published on openPR.