Press release
Rising Geriatric Population Proliferates Precision Cardiology Industry
Market Overview@ https://www.psmarketresearch.com/market-analysis/precision-cardiology-market
In addition, the industry is progressing with technological advancements in equipment. Along with this, advanced molecular technologies hold great potential for precision cardiology in the healthcare sector.
The non-blood samples category is projected to grow at a rapid rate in coming years, due to its clinical utilities, which are well-established and documented for conducting precision tests. In addition, the companies operating in the industry are focusing on developing advanced tests based on non-blood-based samples such as buccal swab specimens and saliva. It positively impacts sales of these samples and proliferates the industry.
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The sequencing category generates significant revenue, accounting for $600 million in 2021. It is projected to retain its position in the near future, attribute to clinical benefits, increased accuracy, broader coverage, the economic cost of sequencing, and high scalability.
North America captures a significant share of the precision cardiology industry, attributed to the presence of key companies in the U.S., and the rising adoption of advanced products and services in clinical and research settings. In addition, government initiatives focusing on the correlation of genetic biomarkers with cardiovascular care proliferate the industry in the region.
In addition, the U.S.F.D.A. and Clinical Laboratory Improvement Amendments hold great prominence in the development of the effective and right guidelines to enable precision medicinal products and services adoption in the region. Moreover, the dynamic industry with the constantly rising number of establishing start-ups that offer end-to-end services boosts the market. Moreover, North America is projected to dominate the industry in the coming future.
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