Press release
Precision Medicine Market: Steady Surge Foreseen with Noteworthy CAGR and Increasing Market Size in recent years
Precision Medicine Market
What Is The Projected Market Size Of The Global Precision Medicine Market And Its Growth Rate?
• The precision medicine market recorded impressive growth from $80.15 billion in 2024 to $88.73 billion in 2025, with a compound annual growth rate (CAGR) of 10.7%.
• The growth can be attributed to factors such as increasing cancer prevalence, increased healthcare expenditure, and increasing geriatric population.
• The precision medicine market is projected to continue its expansion to $129.37 billion in 2029 with a CAGR of 9.9%.
• The strong growth can be owed to the rise in healthcare expenditure, the potential of emerging economies, and increasing research and development spending.
What Is Driving The Growth In The Precision Medicine Market?
The rising prevalence of cancer has a significant impact on the precision medicine market. Cancer is a leading cause of death globally, and precision medicine can effectively analyze tumor DNA to find abnormalities causing cancer. For example, the World Health Organization projected more than 35 million new cancer cases by 2050, a 77% increase from 2022's 20 million cases. This increase in cancer cases globally propels the growth of the precision medicine market.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=5301&type=smp
Who Are the Key Players Driving Precision Medicine Market Growth?
• Quest Diagnostics
• Thermo Fisher Scientific Inc.
• Roche Holding AG
• Medtronic plc
• Novartis AG
• Pfizer Inc.
• Qiagen
• AstraZeneca plc.
• Abbott Laboratories
• Nordic Bioscience A/S
• And many more.
What Are The Key Trends In The Precision Medicine Market?
• Adopting artificial intelligence technologies for improving competitiveness.
• Providing diagnosis and personalized treatment for immune-mediated diseases.
• Investing in increased research and development activities.
• Forming collaborations and partnerships to improve product portfolios.
What Are The Segments Of The Global Precision Medicine Market?
1) By Technology: Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics, Other Technology
2) By Application: Oncology, Respiratory Diseases, Central Nervous System Disorders, Immunology, Genetic Diseases, Other Applications
3) By End Use: Pharmaceutical Companies, Diagnostic Companies, Healthcare And IT Firms, Others
Which Region Leads The Precision Medicine Market?
North America was the dominant region in the precision medicine market in 2024, with Asia-Pacific anticipated to be the fastest-growing region in the coming years. The report covers multiple regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the report for swift delivery: https://www.thebusinessresearchcompany.com/report/precision-medicine-global-market-report
What Is Covered In The Precision Medicine Market Global Market Report?
- Market Size Analysis: Analyzing the Precision Medicine Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identifying various subsegments within the Precision Medicine Market.
- Key Player Focus: Focused analysis on key players to determine their market value, share, and competitive landscape.
- Growth Trends Analysis: Examination of individual growth trends and prospects.
- Market Contribution: Evaluation of different segments' contributions to overall Precision Medicine Market growth.
- Growth Drivers: Detailed explanation of key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analysis of challenges and risks affecting the Precision Medicine Market.
- Competitive Developments: Analysis of competitive developments such as expansions, agreements, and new product launches.
Request Customization for this report: https://www.thebusinessresearchcompany.com/customise?id=5301&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
• Twitter: https://twitter.com/tbrc_info
• YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company has over 15,000+ reports from 27 industries covering 60+ geographies. With 1,500,000 datasets, the contributions of in-depth secondary research and unique insights from industry leaders can get the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 Precision Medicine Market: Steady Surge Foreseen with Noteworthy CAGR and Increasing Market Size in recent years here
News-ID: 3838236 • Views: …
More Releases from The Business research company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Precision
Precision Harvesting Market Report 2024 - Precision Harvesting Market Trends And …
"The Business Research Company recently released a comprehensive report on the Global Precision Harvesting Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Electronic Precision Repair Service Market Growth Drivers, and Competitive Lands …
The Electronic Precision Repair Service Market Trends Overview 2024-2031:
A new Report by Worldwide Market Reports, titled "Electronic Precision Repair Service Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031," offers a comprehensive analysis of the industry, which comprises insights on the Electronic Precision Repair Service market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
This report has a complete table of contents, figures,…
Precision Straightening Service Market by Forecast to 2030 With Covered Top Comp …
Worldwide Market Reports is pleased to announce the release of its latest research report titled "Precision Straightening Service Market - Forecast to 2030." This comprehensive report offers a holistic view of the Precision Straightening Service market, providing systematic segmentation and covering every aspect of the target market. With over-market data tables, pie charts, graphs, and figures spread across easy-to-understand pages, the report offers detailed analysis. The information presented in the…
Precision Diagnostics Market - Diagnostic Excellence, Delivered with Precision
Newark, New Castle, USA: The "Precision Diagnostics Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Precision Diagnostics Market: https://www.growthplusreports.com/report/precision-diagnostics-market/8518
This latest report researches the industry structure, sales, revenue,…
Precision Air Conditioner
Precision air conditioner is used to control the temperature and humidity to accurately maintain the microclimate parameters in environments such as data centers, hospitals and laboratories.
Unlike home or domestic air conditioners, which are designed to cool humans, precision air conditioners in most cases are used for cooling IT equipment.
https://www.nigeriacontractor.com/buy-precision-air-conditioner-in-nigeria/
Official website of Akpo Oyegwa Refrigeration Company: https://www.nigeriacontractor.com/
7th Floor Mulliner Towers,
39 Alfred Rewane Road,
Ikoyi
Lagos, Nigeria.
Direct Expansion Precision Air Conditioner
from 6 to…
Agriculture IoT Market by Precision Farming, Precision Forestry and Smart Greenh …
Hardware to hold the largest share of agriculture IoT market during the forecast period
Hardware is expected to account for the largest share of the agriculture IoT market during the forecast period. The increasing adoption of new technologies and advanced devices for smart agriculture is expected to drive the growth of the agriculture IoT market for hardware during the forecast period. Precision farming involves hardware devices and tools to minimize input…
