Global Precision Medicine Market – Industry Trends and Forecast to 2024

Market Definition: Global Precision Medicine Market

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.

Market Segmentation: Global Precision Medicine Market

  • By technology the market for precision medicine is segmented into big data analytics, bioinformatics, gene sequencing, drug discovery, companion diagnostics, and others.
  • By application the precision medicine market is segmented into oncology, hematology, infectious diseases, cardiology, neurology, endocrinology, pulmonary diseases, ophthalmology, metabolic diseases, pharmagenomics, and others.
  • On the basis of end-users the precision medicine market is segmented into pharmaceuticals, biotechnology, diagnostic companies, laboratories, and healthcare it specialist.
  • On the basis of geography, precision medicine market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are 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: Global Precision Medicine Market

Some of the major players operating in precision medicine market are Orion Health, Ariel Precision Medicine, Inc., Metabolon, Inc., Pfizer, Inc., Biocrates Life Sciences, Medtronic, 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
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