Press release
At 14.56% CAGR, Precision Medicine Market Size to Surpass USD 73.89 Billion by 2023 - Industry Trends, Share, Growth, Analysis & Forecast 2023-2032 | Leading Players: Quest Diagnostics, Laboratory Corporation of America Holdings, Novartis AG, AstraZeneca
Precision Medicine Market
The latest Precision Medicine study offers an all-inclusive analysis of the major strategies, market shares, and corporate models of the most renowned players in this market. The market research report provides a thorough analysis of the key factors and different market figures related to the segmental data, revenue, country-wise data,regional data, development trends, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor matrix, QMI quadrant, and other significant analysis, as well as development status.
Download Free Sample Copy: https://www.quincemarketinsights.com/request-sample-61792?ophp
Competitive Analysis
The market research report also deals with an in-depth competitive landscape analysis, which includes profiles of the leading market players that are operating in the global Precision Medicine market. A detailed overview of the competitive landscape consists of future capacities, mergers, and acquisitions, and major investments undertaken by the key players to drive their business growth and stay ahead of their competitors. Roche Holding AG, Illumina Inc., Thermo Fisher Scientific Inc., QIAGEN, Quest Diagnostics, Laboratory Corporation of America Holdings, Novartis AG, AstraZeneca, Bristol-Myers Squibb, and Eli Lilly & Company.
Precision Medicine Recent Development
In December 2019, AstraZeneca announced a collaboration with the University of Cambridge to develop a precision medicine platform using big data analytics.
In 2020, Illumina Inc. announced its acquisition of GRAIL, a cancer-focused precision medicine company. The acquisition strengthened Illumina's capabilities in cancer genomics and the development of multi-omic tests. Illumina also acquired the company Helix, an online platform offering genetic testing and interpretation services, to expand its direct-to-consumer offering.
In 2021, Illumina Inc. launched the new NovaSeq platform, a high-throughput sequencing system that enables the sequencing of entire human genomes in as little as 12 hours. This system will enable researchers and clinicians to more quickly and accurately identify genetic variants associated with disease and develop precision medicine treatments.
In February 2021, Novartis AG announced that it has entered into a collaboration with Microsoft Corporation to develop Artificial Intelligence (AI)-powered precision medicine solutions for healthcare providers and patients.
Key Factors Impacting Market Growth:
1. Increased Use of Genomic Data
2. Advances in technology, has made precision medicine more accessible and cost-effective.
3. Expansion of Healthcare Infrastructure
4. Governments around the world are providing increased funding for precision medicine research, which is helping to drive the market growth.
5. The precision medicine market is also being driven by rising levels of investment from venture capitalists, pharmaceutical companies, and other investors
Market Segmentation
Based on Technology (Genomics, Transcriptomics And Epigenomics)
Based on Sequencing Technology (Sequencing By Synthesis, Ion Semiconductor Sequencing, Sequencing By Ligation, Pyrosequencing, Single Molecule Real Time Sequencing, Chain Termination Sequencing And Nanopore Sequencing)
Based on Product (Consumables, Instruments And Services)
Based on By Application (Oncology, CNS, Immunology, Respiratory Medicine, Infections, And Other Applications)
Based on By End User (Diagnostic Tool Companies, Pharma & Biotech Companies, Clinical Laboratories, And Healthcare IT/Big Data Companies)
(We offer customized or added segmentation or sub segmentation other than the one mentioned above to suit your interest)
Would you like to ask a question? Ask Our Expert: https://www.quincemarketinsights.com/enquiry-before-buying/enquiry-before-buying-61792?ophp
Geographical Analysis
The major regions covered in this market research report are North America, Europe, Asia Pacific, Middle East & Africa, South America, and South America. North America is expected to dominate the global precision medicine market due to a large number of investments made in the research and development of novel therapeutic products, rising prevalence of chronic diseases, and increasing adoption of advanced healthcare technologies.
Precision Medicine Market FAQ
1. What is a Precision Medicine?
2. What are the benefits of using Precision Medicine?
3. What is the size of the Precision Medicine market?
4. What are the key drivers of the Precision Medicine market?
5. Who are the major players in the Precision Medicine market?
Contact Us:
Phone: APAC +91 706 672 4343 / US +1 208 405 2835 / UK +44 1444 39 0986
Email: sales@quincemarketinsights.com
Website: www.quincemarketinsights.com
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release At 14.56% CAGR, Precision Medicine Market Size to Surpass USD 73.89 Billion by 2023 - Industry Trends, Share, Growth, Analysis & Forecast 2023-2032 | Leading Players: Quest Diagnostics, Laboratory Corporation of America Holdings, Novartis AG, AstraZeneca here
News-ID: 2871506 • Views: …
More Releases from Quince Market Insights
Premium Bicycles Market Demand, Future Trends, Size, Share and Outlook till 2032 …
Premium Bicycles Market Size & Industry Trends Shaping 2032
A more concise understanding of the Premium Bicycles Market dynamics is provided by QMI. A detailed analysis of market statistics covering both present and emerging trends. The report includes Porter's Five Forces to analyze the prominence of various features such as the understanding of both the suppliers and customers, risks posed by various agents, the strength of competition, and promising emerging businesspersons…
Smart Bicycle Market Detail Analysis focusing on Application, Types and Regional …
Smart Bicycle Market Size & Industry Trends Shaping 2032
A more concise understanding of the Smart Bicycle Market dynamics is provided by QMI. A detailed analysis of market statistics covering both present and emerging trends. The report includes Porter's Five Forces to analyze the prominence of various features such as the understanding of both the suppliers and customers, risks posed by various agents, the strength of competition, and promising emerging businesspersons…
Battery Technology Market: Drivers, Revenue, Application Industry Demand Analysi …
Battery Technology Market Size & Industry Trends Shaping 2032
A more concise understanding of the battery technology market dynamics is provided by QMI. A detailed analysis of market statistics covering both present and emerging trends. The report includes Porter's Five Forces to analyze the prominence of various features such as the understanding of both the suppliers and customers, risks posed by various agents, the strength of competition, and promising emerging businesspersons…
Global Automotive Powertrain Market Size, Share, Industry Forecast 2032 | Toyota …
The most recent report published by QMI indicates that the "Automotive Powertrain Market" is likely to accelerate significantly in the next few years. The Automotive Powertrain Market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The Automotive Powertrain Market study includes information on market factors such as the market dynamics, drivers, restraints, challenges,…
More Releases for Medicine
Herbal Medicine Market 2019-2025: Market By Development, Regional Sales, Regiona …
In a recent study published by QY Research, titled Herbal Medicine, analysts offers an in-depth analysis of global Herbal Medicine market. The study analyses the various aspect of the market by studying its historic and forecast data. The research report provides Porters five force model, SWOT analysis, and PESTEL analysis of the market. The different areas covered in the report are market size, drivers and restrains, segment analysis, geographic outlook,…
Tropical Medicine
Tropics are the most diverse regions on the earth . A large number of population live in this region where the weather varies throughout the year ( from scorching summer to chilly winter).This changing seasons induce the outbreaks of some fetal diseases known as tropical diseases which is unique only to the tropical areas.
Malaria, Tuberculosis & AIDS are the major ones .Lack of sanitation, personal hygiene, proper…
Sports Medicine Market 2018 | Top Most Players | Medstar Sports Medicine, Muelle …
Competitive Insights:
The Sports Medicine Market is dominated by a few large players such as Arthrex, Inc, Smith & Nephew, DePuy Mitek Inc, and Stryker Corporation, who have consolidated the market controlling a share of more than 70% in 2016. These players consistently introduce innovative and technologically advanced products in the market to ensure a competitive advantage over the other players. Some other players operating in this industry are Medstar Sports…
Precision Medicine Market - Future of Medicine, Challenges, Opportunities and So …
An emerging disease treatment approach which is built based upon individual variability in genes, environment, and personal lifestyle is referred to as precision medicine. The precision medicine can also be termed as personalized medicine. Precision medicine is a mode of medicine that joins standardization with individualization. The benefit offered by this approach of treatment include accurate treatment prediction and strategies for prevention of a particular disease that works for a…
Regenerative Medicine Landscape
Boston, MA
ReportsWorldwide has announced the addition of a new report title Regenerative Medicine Landscape to its growing collection of premium market research reports.
The competitive landscape for regenerative medicine continues to evolve. As private sector investment in active players continues, efforts by governments in the US and EU are helping to advance the field, including the recent passage of the 21st Century Cures Act in the US, providing a special status…
Indian Medicine
Dr.JRK's Siddha Research and Pharma is the herbal medicine in India, and has been in the business of good manufacturing practices. We strongly believing in intellectual asset creation through discovery, documentation and development of Indian systems of medicine. G7 capsules is the solution for Allergic Disorders the herbal medicine in Inida. Atopy or hyper sensitivity is the major problem in all countries, the problem manifest in multifold ways such as…
