Global Precision Medicine Market – Opportunities & Forecast 2018-2025

Press Release : April 23, 2020
Global Precision Medicine Market – Opportunities & Forecast 2018-2025

Precision medicine market is gaining momentum over past few years, with trend likely to continue due to novel approach of treatment it offers. Precision medicine deals with preventive health and disease treatment approach based on individual’s genetic profile and lifestyle. The approach offers accurate treatment and disease prevention strategies as against standard therapies that may not be effective for entire population.

Precision medicine is being eyed upon as lucrative business investment opportunity by the major pharmaceutical companies owing to the rising patient preference for personalized treatment, advancements in wireless technologies and big data analytics, and tremendous increase in genetic diseases such as cancer. Moreover, there has been a remarkable increase in the research areas pertaining to precision medicine over past few years suggesting a positive growth in the future.

Favourable government initiatives are likely to positively influence the precision medicine market growth. For instance, the UK government has devoted USD 212.8 million for developing technologically advanced infrastructure to manufacture innovative medicine such as precision medicine through its Industrial Strategy Challenge Fund initiated in December 2017. While in U.S., in 2015, President Obama launched the Precision Medicine Initiative to encourage research in the field.

Request for Sample Report – https://www.gmiresearch.com/report/global-precision-medicine-market/sample-request

Various notable players operating in the precision medicine market include Illumina, Inc., GE Healthcare, Roche Group, bioMerieux SA, IBM Corporation, Novartis AG, and Abbott Laboratories among others.

The global precision medicine market is categorized into technology, application, and key geographies segments. On the basis of technology, the market has been segmented into Gene Sequencing, Big Data Analytics, Companion Diagnostics, Bioinformatics, and Drug Discovery. On the basis of application, the market is segmented into Oncology, Neurology, Immunology, Respiratory, Hematology, and Others.

This research report on precision medicine market provides in-depth analysis of the global precision medicine market based on technology, application, and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for precision medicine market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent development in the market.

Request for Customization – https://www.gmiresearch.com/report/global-precision-medicine-market/request-for-customization

Key questions answered in this research report:

 1- At what pace is precision medicine market growing? What will be growth trend in future? 

2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?

 3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the precision medicine market?

 4- What are the various application areas and how they are poised to grow?

For Additional Insights, Click to Access Complete Report – https://www.gmiresearch.com/report/global-precision-medicine-market/

About GMI Research

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research’s leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our client’s business problems and add significant value to long lasting relationship.

The company provides syndicated research report, customized research, sales enablement research, data analytics and KPO (knowledge process outsourcing) service for Electronics & Semiconductors, Information Communication and Technology, Energy & Power, Healthcare, Automotive, Transportation & Logistics and Chemical industries. Our analysts and consultants who are passionate about research and consulting are recruited from renowned local and global universities and have worked with the leading local and international organizations.

Contact Us

Company Name: GMI RESEARCH

Contact Person: Sarah Nash

Email: enquiry@gmiresearch.com

Phone: +353 1 442 8820

Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate

City: Dublin

State: Dublin

Country: Ireland

Website: www.gmiresearch.com  

Notes to editors

For more information please contact:
enquiry@gmiresearch.com Tel: +353 1 442 8820 email: enquiry@gmiresearch.com Visit the newsroom of: arifahmadknp