Title: Precision Medicine Market
1Precision Medicine Market 2020-2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
2Precision Medicine Market 2020-2025
Precision Medicine Market Highlights
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Precision medicine is defined as a medicine
developed as per an individuals genetic profile
that helps as a guide for the prevention,
diagnosis, and treatment of diseases. Market
Research Future (MRFR) has published a research
report that foresees expansion of the Global
Precision Medicine Market is expected to
register 12.48 CAGR and is anticipated to
reach USD 126.14 Billion by 2025. Observing the
market structure, this report evaluates the
future growth potential of the market and
analyzes the strategies of the key players in the
market. It also follows the competitive
developments such as joint ventures, new product
developments, mergers and acquisitions, new
product developments (R D) in the market.
According to this report, the key market driving
factors include increase in genetic diseases,
integration of wireless technologies with
portable healthcare devices, and patients
involvement in personal health care.
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3Precision Medicine Market 2020-2025
Precision Medicine Market Regional Analysis
- The regional segmentation of the global precision
medicine market segments the market into regional
markets namely, the Americas (North America
South America), Europe, Asia Pacific, and the
Middle East Africa (MEA). Due to technological
advancements and better medical facilities, North
America is a greater market than South America.
In this region, the United States of America has
majority key players, maximum investment in the R
D regarding medicines, and most advanced
medical facilities. Thus, it generates the
maximum revenue. Even in Europe, the market is
growing due to technological advancement and R
D related investment due to various government
initiatives. Most of the European key players in
the market are based in the strong economies like
France, Germany and the United Kingdom (UK). - Browse Complete Report with TOC _at_ https//www.mark
etresearchfuture.com/reports/precision-medicine-ma
rket-925
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4Precision Medicine Market 2020-2025
Precision MedicineMarket Segmental Analysis
- The global precision medicine market has been
segmented on the basis of the ecosystem,
sub-market, therapeutics, and region. On the
basis of the ecosystem, the market has been
segmented into clinical laboratories, diagnostic
tool companies, healthcare IT/ big data
companies, and pharma biotech companies.
According to the report, the ecosystem diagnostic
tool companies hold the largest market share of
precision medicine market. By 2022, it is
expected to reach the US 27.56 bn in terms of
cash. - The sub-market based segmentation segments the
market into the biomarker-based test, companion
diagnostics, molecular diagnostics,
pharmacogenomics, targeted therapeutics, and
others. By sub-market, company diagnostics holds
the largest market share. It is expected to reach
the US 21.32 bn by 2022. By therapeutics, the
market has been segmented into cancer/oncology,
cardiovascular disease, central nervous system,
infectious diseases, and others.
5Precision Medicine Market 2020-2025
Precision Medicine Market Key Players
- Abbott Laboratories (USA),
- Ab-Biotics Sa (USA),
- Almac Group Ltd. (UK),
- Asuragen Inc (USA),
- Biobase Gmbh (Germany),
- Biomérieux Sa (France),
- Caris Life Sciences (USA),
- Cepheid Inc. (USA),
- Cetics Healthcare Technologies Gmbh (Germany),
- Ge Healthcare (USA)
- Avail Free Sample _at_ https//www.marketresearchfutu
re.com/sample_request/925
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