Precision Medicine Market to witness more than 10.5% CAGR from 2017 to 2024

1
Precision Medicine Market share to surpass 96 Bn
by 2024 Global Market Insights Inc.
2
Key Insights from Precision Medicine Market

• Global Market Insights, Inc. says, Precision
  Medicine Market size is set to exceed USD 96
  billion by 2024.
• Rising prevalence of cancer across the globe
  fuels the need to develop target specific
  biomarkers based on the individual genetic,
  environmental and lifestyle factors augmenting
  the global precision medicine market size.
• Advancement in cancer biology coupled with
  increased funding for cancer research will fuel
  industry expansion.
• Presence of favorable government initiatives such
  as Precision Medicine Initiative (PMI) with an
  aim to design tools for analyzing large medical
  data sets, validation of innovative targeted
  drugs, tests and technologies for cancer, improve
  decision making for treatment options for
  specific patients will augment growth of
  precision medicine market.
• Integration of big data analytical tools to
  healthcare for preventing diseases such as cancer
  is another growth rendering driver.

3
Continued...

• Drug discovery dominated the precision medicine
  market in 2016 followed by gene sequencing which
  is expected to show a considerable growth over
  the coming years.
• Companion diagnostics is poised to be the fastest
  growing segment with over 11.5 CAGR owing to its
  ability to provide essential information for the
  safety and effectiveness of a specific drug or
  therapeutic product for targeted patient groups.
• UK precision medicine market should witness
  robust growth over the forecast period.
• India precision medicine market should grow at
  significant rate due to increasing prevalence of
  cancer which fuels the adoption of gene therapy
  facilitating personalized treatment for patients
  based on their genetic factors.
• Some of the key industry players operating in
  global precision medicine market are NanoString
  Technologies, Roche, Medtronic, Laboratory
  Corporation of America Holdings, Quest
  Diagnostics, Pfizer, Novartis and Intomics.

4
India Precision Medicine Market, By Technology,
2013 - 2024

5

Browse Full Market Research Report On Precision
Medicine Market _at_ http//bit.ly/2noIjey
Request for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/671 https//www.gminsights.com/request-sample/d
etail/49
6
Stay In Touch Website www.gminsights.com Soci
al Media