80 likes | 96 Views
u201cCoherent Market Insights u201cPRECISION MEDICINE MARKET u2013 GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2027u2033
E N D
PRECISION MEDICINE MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Precision Medicine Market - Overview Global Precision Medicine Market, By Technology (Bioinformatics, Gene Sequencing, Drug Discovery, Precision Molecular Diagnostics, and Big Data Analytics), By Application (Oncology (Breast cancers, Lung Cancer and Others), Central Nervous System, Hematology, Respiratory, Immunology, and Others)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), was valued at US$ 61,447.3 million in 2018 and is projected to exhibit a CAGR of 10.1% over the forecast period (2019 - 2027). Increasing innovations in technology, rising global outreach in emerging markets, increasing research and development, and adoption of strategies such as collaboration are expected to fuel growth of the precision medicine market over the forecast period. Manufacturers are focusing on innovation to tap into the emerging markets. For instance, Synapse, Inc. and Strata Oncology, Inc., together, implemented an end-to-end precision oncology program to improve outcomes of the treatment with reduced costs, as the companies are selecting the most promising precision medicine clinical trials. Strata Oncology, Inc. also launched Strata NGS test in May 2017, which is designed for 90 gene targeted assay that focuses on genetic alterations in tumor tissue and includes tumor markers and clinical trial eligibility markers. Moreover, in 2016, AstraZeneca launched a next-generation asthma drug, Benralizumab, for eosinophil biomarker, which is a part of the new biological treatments for people with asthma, as AstraZeneca is shifting towards precision medicine to cure the disease. Browse Research Reports: https://www.coherentmarketinsights.com/market- insight/precision-medicine-market-145 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Browse 24 Market Data Tables and 29 Figures spread through 170 Pages and in-depth TOC on “Precision Medicine Market, By Technology (Bioinformatics, Gene Sequencing, Drug Discovery, Precision Molecular Diagnostics, and Big Data Analytics), By Application (Oncology, Central Nervous System, Hematology, Respiratory, Immunology, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2027" Key players in the precision medicine market are adopting strategies such as collaboration to enhance their product portfolio. In 2016, Precision for Medicine, Inc. signed a deal for the acquisition of ACT Oncology, which will help the company to have a strong foothold in the personalized cancer clinical trial space. In August 2017, Variantyx, a genetic testing company, announced its partnership with FDNA. FDNA has a facial recognition software, which helps in the diagnosis of rare diseases. It is expected to fulfill the demand of patients and offer them precision medicine. Furthermore, in August 2017, Alexion Pharmaceuticals announced a partnership with Sema4 for the improvement of company’s diagnosis rate of rare diseases and also to speed-up development of drugs in the near future. Precision for Medicine Group, Inc. completed the acquisition of Agility Clinical, a contract research organization that focuses on clinical development of rare diseases and orphan therapies, in September 2017. The aim of the acquisition was to bring new precision medicines into the market. However, lack of reimbursement policy is expected to restraint growth of the precision medicine market. Request a Sample copy of this reports : https://www.coherentmarketinsights.com/insight/request-sample/145 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Key Takeaways of the Precision Medicine Market: The global precision medicine market is expected to witness a CAGR of 10.1% during the forecast period (2019–2027), owing to research and development regarding new technologies related to new therapeutic applications such as oncology and genetics. Moreover, strategic partnerships and collaborations are also expected to favor the precision medicine market growth. Among technology, the bioinformatics segment is expected to account for major revenue share in 2027, owing to new service launches. For instance, in August 2019, GeneXplain launched Genome Enhancer, a modified and simplified version of its flagship multi-omics bioinformatics platform, to support clinicians in their research of precision medicine. The GeneXplain platform features a complete workflow management system as well as hundreds of pipelines for various bioinformatic tasks. Major players operating in the global precision medicine market include Intomics, Ferrer Incode, Nanostring Technologies, Inc., Tepnel Pharma Services, Pfizer, Inc., Novartis AG, Teva Pharmaceutical Industries Ltd., Merck & Co., Inc., Qiagen N.V., and Quest Diagnostics Buy-Now this research report: https://www.coherentmarketinsights.com/insight/buy-now/145 © Coherent market Insights. All Rights Reserved
ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved
ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS Global Leading Equipment and System Manufacturers Marketing Consultancies and the Advertising Industry Component Providers and System Integrators Private and Government organization Distributors, Retailors and Value Added Resellers Outsourcing Companies Healthcare IT Solutions Developers Universities and Business Schools. © Coherent market Insights. All Rights Reserved
KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved
THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved