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Precision Medicine Market Report 2022: Trends, Share, Size, Growth Opportunities, Key Profiles, In-Depth Analysis And Forecast To 2030
Precision Medicine Market
https://www.thebusinessresearchcompany.com/global-market-reports
According to The Business Research Company's precision medicine market report, the global precision medicine market reached a value of nearly $53,572.3 million in 2020, having increased at a compound annual growth rate (CAGR) of 11.2% since 2015. The global precision medicine market size is expected to grow from $53,572.3 million in 2020 to $90,035.6 million in 2025 at a rate of 10.9%. The global precision medicine market size is then expected to grow at a CAGR of 8.7% from 2025 and reach $136,374.4 million in 2030.
Increasing aging population is expected to increase the prevalence of cancer cases contributing to the growth of the precision medicine market. The elderly population is prone to various chronic ailments and is increasing rapidly across the world and it is expected to continue over the forecast period. By 2030, the population aged 65 year and above is expected to reach approximately 70 million in the USA
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The precision medicine market is segmented -
• By Technology: Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics
• By Application: Oncology, Respiratory Diseases, Central Nervous System Disorders, Immunology, Genetic Diseases
• By End-Use: Pharmaceutical Companies, Diagnostic Companies, Healthcare And IT Firms
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the precision medicine market.
Major competitors in the precision medicine market include Quest Diagnostics, Thermo Fisher Scientific Inc., Roche Holding AG, Medtronic plc, Novartis AG
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The precision medicine market consists of sales of precision medicines and related services by entities (organizations, sole traders, and partnerships) that are used to treat diseases by relying on genomics and specific biomarker techniques. It allows doctors or physicians to select a treatment plan or drug therapy based on the patient's genes, environment, and lifestyle. It is an emerging approach for disease treatment and prevention that takes into account individual variability in genes, environment, and lifestyle for each person. Precision medicine technologies also assist researchers and doctors in developing accurate treatment and prevention strategies for a particular disease that will work on a specific group of people.
The Table Of Content For The Precision medicine market Include:
1. Precision Medicine Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
.......
20. Precision Medicine Global Market Competitive Landscape And Company Profiles
21. Key Mergers And Acquisitions In The Precision Medicine Market
22. Precision Medicine Market Opportunities & Strategies
23. Precision Medicine Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Precision Medicine Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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