by
According to the Foreclaro Global Research, the
Global
Precision Medicine Market size was valued at USD 86679.3 million in 2024. The report “Global
Precision Medicine Market Segmentation By Technology (Bioinformatics,
Big Data Analytics, Drug Discovery, Gene Sequencing, Companion Diagnostics, Others),
By Application (Diagnostics {Genetic tests, Biomarker-based tests, Esoteric
tests, Other tests}, Therapeutics {Inhibitor drugs, Monoclonal antibodies, Cell
& gene therapy, Antiviral & anti-retroviral drugs, Other therapeutics}),
By Sequencing Technology (Sequencing by Synthesis, Ion Semiconductor Sequencing,
Sequencing by Ligation, Pyrosequencing, Single Molecule Real Time Sequencing, Chain
Termination Sequencing, Nanopore Sequencing), By Route of Administration (Oral,
Injectable)- Industry
Trends and Forecast to 2033” gives a detailed insight into current market dynamics and provides
analysis on future market growth.
Precision medicine is a transformative method
to healthcare that tailors scientific remedies to the man or woman traits of
every patient. By leveraging genetic, environmental, and lifestyle factors,
precision medicine permits healthcare providers to are expecting extra
appropriately which prevention and treatment techniques will paintings for
unique groups of people. This technique is more and more in oncology,
cardiovascular diseases, neurology, and uncommon genetic disorders, supporting
in early diagnosis, centered therapy, and customized medicine plans.
Technological improvements, which include next-generation sequencing,
bioinformatics, and massive statistical analytics, have elevated the adoption
of precision medicine. Moreover, the combination of synthetic intelligence and systems
gaining knowledge of is allowing deeper insights into patient statistics,
thereby enhancing decision-making in scientific settings. As the healthcare
enterprise shifts from a one-size-fits-all version to individualized care, precision
medicine plays a crucial role in enhancing treatment outcomes, minimizing side
effects, and decreasing healthcare costs. Its speedy evolution is redefining
the destiny of hospital treatment globally.
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Global Precision
Medicine Market Report Highlights
· The
precision treatment market is witnessing strong growth driven with the resource
of the usage of developing personalized therapies, particularly in oncology,
unusual diseases, and chronic conditions
· Innovations
in gene sequencing, bioinformatics, and AI-powered records analytics are
permitting more correct diagnostics and centered medicine development.
· Significant
investment from governments, pharmaceutical companies, and studies
establishments is boosting R&D efforts and strategic collaborations
withinside the precision medicine ecosystem.
· While
most cancers stay the maximum critical segment, packages in neurology,
cardiology, infectious diseases, and immunology are developing rapidly.
· Regulatory
our bodies are adapting to keep pace with advances in genomics and statistics
usage, emphasizing affected character privacy, ethical AI use, and compliance.
· North
America leads the market due to strong healthcare infrastructure and
innovation, while Asia-Pacific is growing as a fast-growing region with
developing genomic initiatives.
Foreclaro
Global Research has segmented the Precision Medicine Market report based on Technology,
Application, Sequencing Technology, and region:
Precision Medicine Market, Technology Outlook
(Revenue - USD Million, 2020 - 2033)
Bioinformatics
Big Data Analytics
Drug Discovery
Gene Sequencing
Companion Diagnostics
Others
Precision Medicine Market, Application
Outlook (Revenue - USD Million, 2020 - 2033)
Diagnostics
·
Genetic
tests
·
Biomarker-based
tests
·
Esoteric
tests
·
Other
tests
Therapeutics
·
Inhibitor
drugs
·
Monoclonal
antibodies
·
Cell
& gene therapy
·
Antiviral
& anti-retroviral drugs
·
Other
therapeutics
Precision Medicine Market, Sequencing
Technology Outlook (Revenue - USD Million, 2020 - 2033)
Sequencing by Synthesis
Ion Semiconductor Sequencing
Sequencing by Ligation
Pyrosequencing
Single Molecule Real Time Sequencing
Chain Termination Sequencing
Nanopore Sequencing
Precision Medicine Market, Route of
Administration Outlook (Revenue - USD Million, 2020 - 2033)
Oral
Injectable
Precision Medicine Market, Regional
Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Precision Medicine Market Key Players
·
Abbott Laboratories, Inc.
·
Abbvie, Inc.
·
AstraZeneca plc
·
bioMerieux SA
·
Bristol-Myers Squibb Company
·
Cepheid (Danaher Corporation)
·
Eli Lilly & Company
·
F. Hoffmann-La Roche
·
GlaxoSmithKline plc
·
Novartis AG
