Global Precision Medicine Market – Industry Trends and Forecast to 2028

  • Healthcare
  • Upcoming Report
  • Jul 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Precision Medicine Market, By Application (Diagnostics, Therapeutics and Others), Technologies (Pharmacogenomics, Point-of-Care Testing, Stem Cell Therapy, Pharmacoproteomics and Others), Indication (Oncology, Central Nervous System (CNS) Disorders, Immunology Disorders, Respiratory Disorders, Others), Drugs (Alectinib, Osimertinib, Mepolizumab, Aripiprazole Lauroxil and Others), Route of Administration (Oral, Injectable), End Users (Hospitals, Homecare, Specialty Clinics, Others) and Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.

Precision Medicine Market Market Analysis and Insights : Global Precision Medicine Market

The precision medicine market is expected to witness market growth at a rate of 11.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on precision medicine market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the usage of big data analytics in precision medicine in developing economies is escalating the growth of precision medicine market.

Precision medicine can be referred to as a developing approach for the treatment of disease and preventive health. The approach permits the physicians and doctors to study the individual response to a therapy.

Major factors that are expected to boost the growth of the precision medicine market in the forecast period are the rise in the online collaborative forums. Furthermore, the growing attempts to characterize genes are further anticipated to propel the growth of the precision medicine market. Also, the development in the cancer biology is further estimated to cushion the growth of the precision medicine market. On the other hand, the change from the treatment-based to preventive healthcare is further projected to impede the growth of the precision medicine market in the timeline period.

In addition, the developing in the field and advancing innovation to launch an approach for treating many diseases by personalized medicines will further provide potential opportunities for the growth of the precision medicine market in the coming years. However, the decrease in the popularity in the FDA pharmacotherapy approval rate might further challenge the growth of the precision medicine market in the near future.

This precision medicine market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on precision medicine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth. 

Precision Medicine Market Scope and Market Size

The precision medicine market is segmented on the basis of application, technologies, indication, drugs, route of administration and end users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications. 

  • On the basis of application, the precision medicine market is segmented into diagnostics, therapeutics and others.
  • On the basis of technologies, the precision medicine market is segmented into pharmacogenomics, point-of-care testing, stem cell therapy, pharmacoproteomics and others.
  • On the basis of indication, the precision medicine market is segmented into oncology, central nervous system (CNS) disorders, immunology disorders, respiratory disorders, others.
  • On the basis of drugs, the precision medicine market is segmented into alectinib, osimertinib, mepolizumab, aripiprazole lauroxil and others.
  • On the basis of route of administration, the precision medicine market is segmented into oral, injectable.
  • On the basis of end users, the precision medicine market is segmented into hospitals, homecare, specialty clinics, others.

Precision Medicine Market Country Level Analysis

The precision medicine market is analysed and market size insights and trends are provided by country, application, technologies, indication, drugs, route of administration and end users as referenced above.      

The countries covered in the precision medicine market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the precision medicine market due to the enormous investment in the field of precision medicine. Furthermore, the rise in the adoption of and utilization of precision medicine will further boost the growth of the precision medicine market in the region during the forecast period. Europe is projected to observe significant amount of growth in the precision medicine market due to the suitable initiatives taken by the government. Moreover, the arrival of big data in the healthcare and growing of the incidence of cancer is further anticipated to propel the growth of the precision medicine market in the region in the coming years.

The country section of the precision medicine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed Base and New Technology Penetration

The precision medicine market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for precision medicine market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the precision medicine market. The data is available for historic period 2010-2019.

Competitive Landscape and Precision Medicine Market Share Analysis

The precision medicine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to precision medicine market.

The major players covered in the precision medicine market report are Neon Therapeutics, Moderna, Inc, Merck & Co., Inc, Bayer AG, PERSONALIS INC, GENOCEA BIOSCIENCES, INC., F. Hoffmann-La Roche Ltd, CureVac AG, CELLDEX THERAPEUTICS, BIONTECH SE, Advaxis, Inc., GlaxoSmithKline plc, Bioven International Sdn Bhd, Agenus Inc., Immatics Biotechnologies GmbH, Immunovative Therapies, Bristol-Myers Squibb Company, Gritstone Oncology, NantKwest, Inc. and bioMérieux SA among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Precision Medicine Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.


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