Press release
Pharmacogenomics Market May Set Epic Growth Story | Abbott Laboratories, Affymetrix, AstraZeneca
Pharmacogenomics Market
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Pharmacogenomics is defined as the tailoring of medical treatment in order to the specific characteristics of each patient. It is also known as personalized medicine. It is also widely used for cancer treatment in order to improve the survival of patients. It also examines how the genetic makeup of an individual affects human responses to drugs. On 2017, as per an article published by the Organization for Economic Co-operation and Development (France), biotech R&D in the business enterprise sector was 11.3%, and 9.4% for the United States. Growth in the prevalence of chronic diseases for instance, cancer, tuberculosis, HIV, and others are some of the major drivers which are propelling the growth of the market. The global Pharmacogenomics market is anticipated to grow at a CAGR of 6.2 % during the forecast period.
On August 2017, the Albuquerque based company had received USD 1.5 Million from the states USD 40 Million catalyst fund. This will, in turn, propel the growth of the Pharmacogenomics market in futures
On March 2016, the OneOme, LLC (United States) Company, which is a Pharmacogenomics company, announced today the hiring of Dr. Justin Odegaard, M.D., Ph.D., and Ross Higgins in order to manage and lead their Pharmacogenomics testing laboratory
On November 2018, the American Society of Health-System Pharmacists (United States) Company had launched a professional certificate for Pharmacogenomics. This would help in enhancing the customer base of the company.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Pharmacogenomics Market various segments and emerging territory.
Influencing Market Trend
• The Expansion and Advancement of the Pharmacogenomics
Market Drivers
• Increase in Elderly Population Worldwide
• Surge in adoption of Pharmacogenomics procedure by the Healthcare Professionals
• Growing Awareness of the Patient Population towards Personalized Therapy
Opportunities:
• Rising Demand from Emerging Economics such as India, China and others
• Surge in Disposable Income of the Global Population
Challenges:
• High Cost Associated with Tests
• Lack of Funding For the Research & Development of Different Pharmacogenomics Pathways
Analysis by Technology (Sequencing, Polymerase Chain Reaction, Gel Electrophoresis, Mass Spectrometry, Microarray, Others), End User (Hospitals & Clinics, Research Institutions, Academic Institutes, Others), Application Names (Cardiovascular Diseases, Infectious Diseases, Oncology, Neurological Diseases, Psychiatry, Pain Management, Others)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Abbott Laboratories, Inc. (United States), Affymetrix, Inc. (United States), AstraZeneca plc (United Kingdom), Assurex Health (United States), Bayer AG (Germany), GeneDX (United States), F. Hoffmann-La Roche Ltd. (Switzerland), Illumina, Inc., (United States), Myriad Genetics, Inc., (United States) , Merck & Co, (United States) ,]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players
Have Any Questions Regarding Global Pharmacogenomics Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/81501-global-pharmacogenomics-market#utm_source=OpenPR/Rahul
The regional analysis of Global Pharmacogenomics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.
On March 2018, Food and Drug Administration (United States) reviewers evaluate the effect of genetic factors on drug safety, efficacy, or dose. In addition, it also provides advice to drug developers on how to use genomic biomarkers.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/81501-global-pharmacogenomics-market#utm_source=OpenPR/Rahul
Highlights of the Report
• The future prospects of the global Pharmacogenomics market during the forecast period 2023-2028 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Pharmacogenomics market.
Contact Us:
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1(201) 7937323, +1(201) 7937193
sales@advancemarketanalytics.com
About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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