Precision Medicine Market Analysis By Technology (Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics, Others), By Application (Oncology, Hematology, Infectious Diseases, Cardiology) Forecast to 2024
Global Precision Medicine Market By Technology (Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics, Others), By Application (Oncology, Hematology, Infectious Diseases, Cardiology, Neurology, Endocrinology, Pulmonary Diseases, Ophthalmology, Metabolic Diseases, Pharmagenomics, Others), By End User (Pharmaceuticals, Biotechnology, Diagnostic Companies, Laboratories, Healthcare IT Specialist), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Precision Medicine Market accounted to USD 40.1 billion in 2016 growing at a CAGR of 10.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Precision medicine is an emerging technique for treating diseases and prevention according to individual’s variability of genes, environment and lifestyle of the patient. The approach allows the doctors and researchers to predict, treat and take preventive strategies for a particular disease.
The precision medicine market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mass spectrometry market for global, Europe, North America, Asia Pacific and South America.
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Major Market Drivers And Restraints:
• Increasing online collaborative forums
• R&D investments for characterizing genes
• Increased incidences of cancer
• Hazard of data sharing
• Lack of knowledge and skilled professionals
SHORT TABLE OF CONTENTS
1.1. OVERVIEW OF THE GLOBAL PRECISION MEDICINE MARKET
1.2. CURRENCY AND PRICING
1.4. MARKETS COVERED
2 MARKET SEGMENTATION
2.1. KEY TAKEAWAYS
2.2. ARRIVING AT THE GLOBAL PRECISION MEDICINE MARKET SIZE
2.3. GLOBAL PRECISION MEDICINE MARKET: RESEARCH SNAPSHOT
3 MARKET OVERVIEW
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
6 GLOBAL PRECISION MEDICINE MARKET, BY TECHNOLOGY
6.2. BIG DATA ANALYTICS
6.4. GENE SEQUENCING
6.5. DRUG DISCOVERY
6.6. COMPANION DIAGNOSTICS
7 GLOBAL PRECISION MEDICINE MARKET, BY APPLICATION
7.4. INFECTIOUS DISEASES
8 GLOBAL PRECISION MEDICINE MARKET, BY END-USER
9 GLOBAL PRECISION MEDICINE MARKET: COMPETITIVE LANDSCAPE
9.1. GLOBAL PRECISION MEDICINE MARKET: COMPANY SHARE ANALYSIS
9.2. MERGERS & ACQUISITIONS
9.3. NEW PRODUCT DEVELOPMENT & APPROVALS
10 GLOBAL PRECISION MEDICINE MARKET, COMPANY PROFILES
10.1 ORION HEALTH
10.2 ARIEL PRECISION MEDICINE, INC.
10.3 METABOLON, INC.
10.4 PFIZER INC.
10.5 BIOCRATES LIFE SCIENCES
10.7 NOVARTIS AG
10.8 QUEST DIAGNOSTICS INCORPORATED
10.9 F. HOFFMANN-LA ROCHE LTD
10.10 TEVA PHARMACEUTICAL INDUSTRIES LTD
12 ABOUT DATA BRIDGE MARKET RESEARCH
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By technology:- big data analytics, bioinformatics, gene sequencing, drug discovery, companion diagnostics, and others.
By application:- oncology, hematology, infectious diseases, cardiology, neurology, endocrinology, pulmonary diseases, ophthalmology, metabolic diseases, pharmagenomics, and others.
On the basis of end-users:- pharmaceuticals, biotechnology, diagnostic companies, laboratories, and healthcare it specialist.
On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
Major Market Competitors:
Some of the major players operating in precision medicine market are
• Orion Health,
• Ariel Precision Medicine, Inc.,
• Metabolon, Inc.,
• Pfizer, Inc.,
• Biocrates Life Sciences,
• Novartis AS,
• Quest Diagnostics Incorporated,
• F.Hoffmann-La Roche Ltd.,
• Teva Pharmaceutical Industries Ltd.,
• Menarini Silicon Biosystems,
• Lantern Pharma,
• Nanostring Technologies, Inc.,
• Hologic, Inc.
• Intomics A/S,
• among others
Key Questions Answered in Global Precision Medicine Market Report:-
Our Report offers:-
What will the market growth rate, Overview and Analysis by Type of Global Precision Medicine Market 2024?
What are the key factors driving, Analysis by Applications and Global Precision Medicine Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Precision Medicine Market ?
Who are Opportunities, Risk and Driving Force of Global Precision Medicine Market?
Who are the opportunities and threats faced by the vendors Global Precision Medicine Market?
What are the Global Precision Medicine Market opportunities, market risk and market overview of the Market?
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Precision Medicine Market
Precision medicine is an approach of treatment that has been derived on the basis of individual variability in environment, genes and lifestyle of each person. This novel approach assists medical practitioners and researchers to understand various treatment needs in order to prevent specific diseases. It allows for highly precise targeting of medication for treatment of various diseases, which is expected to lead to high adoption by medical practitioners and researchers.
High Precision Linear Positioners
A large variety of high precision linear positioners, XY stages and vertical linear stages is offered by PI miCos. These highly accurate systems are available with many different drive options from stepper motors to rotary servo motors and electromagnetic linear motors. Miniature stages with piezo motors are also offered. Applications for these linear motion systems include semiconductor test equipment, photonics alignment, lab-automation, bio-nanotechnology, beam line instrumentation, aerospace technology,
High Precision in Six Axes
The H-811 miniature Hexapod from PI (Physik Instrumente) has very compact dimensions with a diameter of only 130 mm and a height of 115 mm. In addition to the vacuum version, it is now also available in an air version. The H-811 offers travel ranges of up to 35 mm in the XY level and up to 13 mm in the Z direction. It is especially the large tilting angles
Precision without Position Sensor
Phase shifters are used in laser measurement to align optical path lengths. These move optics in the range of a wavelength, which corresponds to an adjustment range of less than one micrometer. It is crucial for the alignment to take place quickly and in a stable manner. For the new S-303.BL phase shifter, PI (Physik Instrumente) replaces classic piezo ceramic PZT actuators (made of lead titanate - lead zirconate) with pico
Perfectly Aligned Precision
With the new N-664 linear positioning stage, PI (Physik Instrumente) has succeeded in developing a further groundbreaking piezo positioning system of the reference class. A NEXACT® piezo linear drive replaces the usual stepper or DC servo motor in the N-664, thus making a position resolution of far less than a nanometer possible. Aligned to it is the new PIOne optical linear encoder with a resolution of 0.5 nm, which allows for
Low-Profile Vacuum Precision Stage
Confined spaces in vacuum chambers require drives and positioning solutions which are particularly compact. With a height of only 21 mm the M-683.2V4 translation stage from Physik Instrumente (PI) is one of the flattest micro-translation stages on the market, and is now also available for use in vacuum environments to 10-6 mbar. An encoder resolution of 0.1 µm over 50 mm travel makes it ideal for tasks requiring a high