Comprehensive Market Analysis on Precision Diagnostics Market projected to reach USD 631.6 Billion by 2030 | CAGR of 6.9% | Forecast period 2023-2030, published by MarketDigits

Precision Diagnostics Market Scope:
Market size value in 2023 - USD 395.9 Billion
Market size value in 2030 - USD 631.6 Billion
CAGR (2023-2030) - 6.9%
Forecast Period - 2023-2030
Segments Covered - Product Type, Application, End Use and Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Koninklijke Philips N.V., Quest Diagnostics Incorporated, Siemens Healthcare Private Limited, Swiss Precision Diagnostics GmbH.

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Browse in-depth TOC on Precision Diagnostics Market
178-Tables
95-Figures
332-Pages

North America dominates the market for Precision Diagnostics.
North America stands out as a leading region in healthcare innovation, significantly influencing the Precision Diagnostics Market. Factors such as high healthcare expenditure, advanced healthcare infrastructure, and a strong presence of key market players contribute to its dominance in this sector. The United States, in particular, plays a significant role in driving market growth within North America. Europe follows closely behind as the second-largest market for precision diagnostics. Fueled by factors like increasing healthcare expenditure, a growing geriatric population, and a focus on disease prevention, countries such as Germany, the United Kingdom, and France are key contributors to the market's expansion in this region. In the Asia-Pacific region, the Precision Diagnostics Market is expected to experience rapid growth. This can be attributed to the rising healthcare expenditure, growing awareness about personalized healthcare, and an increasing number of market players investing in research and development. Prominent markets within this region include China, Japan, and India.

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Top Key Players Covered in the Report-
Abbott, Bayer AG, Koninklijke Philips N.V., Lantheus, Novartis AG, QIAGEN, Quest Diagnostics Incorporated, Sanofi, Siemens Healthcare Private Limited, Swiss Precision Diagnostics GmbH, and Others.

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Recent Developments-
In October 2023, HALO Precision Diagnostics, a pioneer in early disease detection through precision diagnostics, revealed a partnership with Bayer, a renowned global player in radiology, to participate in QUANTI, Bayer's Phase III clinical development initiative for gadoquatrane. The goal is to create healthcare solutions that assist patients and healthcare providers in effectively managing various health conditions.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-precision-diagnostics-market-projected-to-reach-usd-6316-billion-by-2030

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This release was published on openPR.