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Personalized Nutrition Market is Expected to Reach Huge Growth by 2031 - Reckitt Benckiser Group plc, Procter & Gamble, Syndypharma

09-06-2024 02:55 PM CET | Health & Medicine

Press release from: DataM Intelligence 4 Market Research LLP

Personalized Nutrition Market || 2024-2031

Personalized Nutrition Market || 2024-2031

The Personalized Nutrition Market is projected to achieve a compound annual growth rate (CAGR) of 13.8% by 2031. This growth is driven by increasing consumer awareness of tailored dietary solutions and advancements in nutritional science. As personalized nutrition becomes more integrated into health and wellness strategies, its market potential continues to expand.

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Market Dynamics:

Key drivers of market growth include the rising incidence of cancer, the increasing number of drugs paired with companion diagnostics, advancements in screening and risk identification techniques, and the growing use of biomarkers in cancer treatment. Conversely, challenges such as insufficient intellectual property protections for personalized medicine technologies, underdeveloped biomarkers, and inadequate reimbursement policies are major factors hindering market growth.

Segment Covered in the Personalized Medicine Market:

By Product Type: (PM Diagnostics (Genetics Testing, Direct to consumer diagnostics, Esoteric lab services, Esoteric lab tests), PM Therapeutics (Pharmaceuticals, Genomic medicine, Medical devices), Personalized nutrition & wellness (Retail nutrition, Complementary medicine, Alternative medicine), Personalized medical care (Telemedicine, Health information technology, Disease Management

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Major Key players involved in Personalized Medicine Market:

• GE Healthcare
• Cepheid
• Asuragen Incorporated
• Illumina Inc
• Abbot Incorporated
• Dako A/s
• Biogen
• Genelex Corp
• Exagen Diagnostics Inc
• Qiagen Inc
• DNA Direct
• Agendia N.V.

Regional Analysis:

The global Personalized Medicine Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The Personalized Medicine Marketreport focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Transradial Access Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Related Reports:

Personalized Nutrition Market: https://www.datamintelligence.com/research-report/personalized-nutrition-market

Personal Hygiene Market: https://www.datamintelligence.com/research-report/personal-hygiene-market

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