Precision Medicine Market is expected to reach US$329.73 billion by 2033 | Top key players - Roche, Thermo Fisher Scientific, AstraZeneca.

Market Size and Growth:

The Precision Medicine Market size reached US$98.87 billion in 2024 and is expected to reach US$329.73 billion by 2033, growing at a CAGR of 14.8% during the forecast period of 2025-2033

Precision Medicine Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Precision Medicine Market refers to the healthcare approach that tailors treatment, prevention, and diagnosis based on individual variability in genes, environment, and lifestyle. It leverages advanced technologies like genomics, biomarker analysis, and big data to provide personalized therapies. This market is rapidly growing due to rising demand for targeted treatments and improved patient outcomes.

Recent Key Developments USA and Japan:

USA:
FDA approved a new AI-powered companion diagnostic (June 2025).

Major hospital network launched a multi-modal genomics integration platform (July 2025).

Japan:
National initiative introduced a unified electronic health record for personalized cancer therapies (July 2025).

Pharma firm announced successful Phase II trial of a tailored immunotherapy for rare genomic profiles (August 2025).

Market Key Players:

F. Hoffmann-La Roche Ltd
Thermo Fisher Scientific Inc.
AstraZeneca
Pfizer Inc.
GSK plc
Biogen
Bristol-Myers Squibb Company
Abbott
Merck & Co., Inc.
BGI.

Growth Forecast Projected:

The Global Precision Medicine Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Precision Medicine Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Market Segmentation:

By Technology: Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Others.

By Application: Diagnostics, Therapeutics, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

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