Precision Medicine Market 2020, Future Demand, Top Key-Players and Growth 2027

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Development of cost-effective research approaches for genomics and molecular genetics, and growing the usage of extensive data are some of the main drivers that drive the market demand.

Global Precision Medicine Market Forecast to 2027

As part of Emergen Research's Global Precision Medicine Market Research Report, key business details and extensive geographical spread of the Precision Medicine industry have been analyzed. As well as a comprehensive qualitative and quantitative analysis, the study contains crucial statistics about the Precision Medicine market. A detailed forecast is provided until 2027 based on historical data from 2017 and 2018. Also included are profiles of established and emerging players, including business overviews, product portfolios, strategic alliances, and business expansion strategies.

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.

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Research Report on the Precision Medicine Market Addresses the Following Key Questions:

  • Who are the dominant players of the Precision Medicine market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Precision Medicine market?
  • What are the key growth drivers and restraining factors of the Precision Medicine market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Precision Medicine market and its key segments?

Market Overview:

The report bifurcates the Precision Medicine market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • 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

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Regional Landscape section of the Precision Medicine report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Precision Medicine market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Biocrates Life Sciences, Tepnel Pharma Services, Menarini Silicon Biosystems, NanoString Technologies, Quest Diagnostics, Qiagen, Teva Pharmaceutical, Eagle Genomics, Novartis, Pfizer

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