February 24, 2021

Prospect Sconsultation

The health experts

Precision Medicine Market: Growth Opportunities, Current and Projected Market Size, Recent Industry Trends and Developments 2025

3 min read

The MarketWatch News Department was not involved in the creation of this content.

Jan 12, 2021 (Heraldkeepers) —
Precision Medicine Market Research Report: Information by Ecosystem Players (Pharmaceuticals and Biotechnology Companies, Diagnostic Companies, Healthcare IT Specialists/Big Data Companies and Clinical Laboratories), Sub-Markets (Companion Diagnostics, Biomarker-Based Test, Targeted Therapeutics, Pharmacogenomics (PGX), Molecular Diagnostics and others), Therapeutics (Cancer/Oncology, Cardiovascular Disease (CVD), Central Nervous System, Infectious Diseases and others) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) – Global Forecast till 2025




The Precision Medicine Market is anticipated to grow by US$126.14 Billion by 2025 rapidly growing at a CAGR of 12.48% during the forecast period. The global market for precision medicine is driven by technology advances, an increase in genetic disorders, the introduction of Big Data into healthcare, and the increasing need for personal healthcare. This knowledge is obtained from leading organisations, industry leaders in precision medicine, business executives, and influential decision makers. The data for the market study on precision medicine will then be reviewed and checked using reputable sources. A detailed analysis of the global market for precision medicine is given in this report.

Market Segmentation


The global precision medicine market has been segmented based on ecosystem players, sub-markets, and therapeutics. On the basis of sub-markets, the market for precision medicine is segmented based on molecular diagnostics, biomarker-based tests, companion diagnostics, pharmacogenomics (pgx), targeted therapeutics, and others. Additionally, the market on the basis of ecosystem players, is segmented into diagnostic companies, clinical laboratories, pharmaceuticals and biotechnology companies, and healthcare IT specialists/big data companies. The global market for precision medicine is also covered based on therapeutics segment which is further split into cardiovascular disease (CVD), cancer/oncology, infectious diseases, central nervous system, and others.


Factors such as personalized medicine, technological progress, and innovation of gene mapping technology encourage the growth of the market for precision medicine. In recent and current years, the success of the market for precision medicine has also been studied. In addition, the market report on precision medicine offers a thorough overview of the numerous market segments listed above. It also offers review of sub-segments to assist businesses involved in the global market for precision medicine. By recognizing primary industry influencers, the study presents diverse business aspects.


Request For Free Sample Copy :https://www.marketresearchfuture.com/sample_request/925


Regional Overview


A vast number of enterprises have been an active part of the global demand for precision medicine. These businesses working in the market for precision medicine are scattered across the globe in numerous locations. The industry analysts for precision medicine have segmented the world market into regional markets. North America, Asia-Pacific (APAC), Europe, and the rest of the globe are the regions covered in the precision medicine market research. Many businesses working in the market for precision medicine are distributed across the United States, Canada, and Mexico in the North American market. Companies in European countries, including Germany, France, Spain, Italy and the United Kingdom, serve the European market for precision medicine. Similarly, in the Asia-Pacific region, the global demand for precision medicine is also expanding across India, China, and Japan. Other areas of the world, including the Middle East, Africa and others, are also included in the business study.


Browse Complete Toc : https://www.marketresearchfuture.com/reports/precision-medicine-market-925


Competitive Landscape


The factors that could influence the worldwide demand for precision medicine are also examined and presented in the study. Analysts have extensively researched the industry and have obtained data from primary and secondary sources in order to carry out the study. The data include coverage of major players in the pharmaceutical industry, big companies, distributors, retailers, suppliers, consumers, and key decision makers. The data is further evaluated and introduced to draw insights on the factors that could help the growth of the demand for precision medicine or have a detrimental effect on the growth of the market.


Industry News


Selvita has confirmed that its strategic investment has been concluded by acquiring Fidelta. The transaction completes soon after the very first notice. For a market valuation of EUR31.2 million plus standard allowance for total capital and corporate capital, Selvita bought 100 per cent of the shareholders’ equity of Fidelta.



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The MarketWatch News Department was not involved in the creation of this content.

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