The Global Precision Medicine Market is expected to reach USD 132.66 Billion by 2027, according to a new report by Emergen Research. The proliferation of sequencing methodologies, especially Next Generation Sequencing (NGS), is expected to drive the market due to the increasing sequencing costs and the advancement of the Human Genome Project in the field of genomics.
The rising incidence of chronic and unusual diseases triggers the need to build technically innovative methods for accelerated medical data aggregation and review. The bioinformatics program helps in data processing by rendering successful therapeutic approaches. As a consequence, the growing volume of data in the healthcare sector would fuel demand for bioinformatics, raising competition in the industry for precision medicines.
The study especially covers the supply chain analysis, market size growth rate in several scenarios. Then, the report also provides important distinguishing information regarding each of the market segments. These segments are analyzed further on different fronts such as historical performance, market size contributions, market share, and expected rate of growth. This report displays details of new recent additions, trade ordinances, import exportation investigation, industry share, PESTEL analyses, SWOT analyses, product life cycle, opportunities in terms of emerging revenue, changes in market guidance, product approvals, product launches, geographic enlargements, technological innovations in the global KEYWORD industry.
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The report also discusses the key players involved in the market such as Biocrates Life Sciences, Tepnel Pharma Services, Menarini Silicon Biosystems, NanoString Technologies, Quest Diagnostics, Qiagen, Teva Pharmaceutical, Eagle Genomics, Novartis, and Pfizer, among others.
This report analyzes the dynamic KEYWORD market summary, growth possibilities, and a market performance that will lead to profitability. In continuation, it covers the leading key players are strategically profiled and their growth strategies. It analyzes competitive scenarios such as developments, agreements, new launching products, and market acquisitions. Furthermore, the report presents revise and forecast the market size in the international market. To study the market key players, SWOT analysis, value and global market share for leading players. This study covers all the essential information regarding the world industry which helps a user to grasp the overall market.
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Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Precision Medicine market
Sales revenue by key players and new entrants
Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight to recent trends and opportunities
Precision Medicine Market segmentation
Technology Outlook (Revenue: USD Billion; 2017-2027)
Big Data Analytics
Bioinformatics
Gene Sequencing
Drug Discovery
Companion Diagnostics
Others
End-Use Outlook (Revenue: USD Billion; 2017-2027)
Pharmaceutical Companies
Diagnostic Companies
Healthcare IT companies
Others
Application Outlook (Revenue: USD Billion; 2017-2027)
Oncology
Immunology
CNS
Respiratory
Others
In market segmentation by geographical regions, the report has analysed the following regions-
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
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The study especially covers the supply chain analysis, the market status, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. Then, the report also provides important distinguishing information regarding each of the market segments. These segments are analyzed further on different fronts such as historical performance, market size contributions, market share, and expected rate of growth.
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