Precision Medicine Market by various factors- Size, Share, supply chain analysis, porters five force analysis etc Forecast upto 2022

This study covers historical growth trajectory and major growth drivers and restraints in order to come up with a reliable projection for the market’s likely growth trajectory over the forecast period from 2018 to 2023.

Pune, India - February 12, 2019 /MarketersMedia/ —

Market Scenario:

Precision medicine refers to medicines developed as per an individual’s genetic profile that helps as a guide for the prevention, diagnosis and treatment of diseases. The global precision medicine market was valued at $38.92 billion in 2015, and is expected to reach $88.64 billion by 2022. Thus the market is expected to perform a growth at a CAGR of 12.48% from 2015 to 2022.

The major market driving factor for precision medicine are patient’s involvement in personal healthcare, integration of wireless technologies with portable healthcare devices, and increase in genetic diseases (due to mutation, UV rays) among others.

Get Sample Copy @ https://www.marketresearchfuture.com/sample_request/925

The market constraints include potential threat to personal data, high diagnostic cost as a barrier, potential risk of hardware or software failure, stringent regulations and standards, lack of awareness about the possible applications of precision medicine, reimbursement policies and regulatory framework, limited knowledge about the application of test and techniques, lack of research and evidences creating hindrances in its application.

Segmentation:

Global Precision Medicine market has been segmented on the basis of ecosystem, sub-market, therapeutics and region.

Key Players for Global Precision Medicine Market:

Abbott Laboratories, Almac Group, Ltd., Asuragen, Inc., Biomérieux Sa, Cepheid Inc., Cetics Healthcare Technologies Gmbh, Ge Healthcare, Glaxosmithkline Plc, Johnson & Johnson, Laboratory Corporation Of America Holdings, Medtronic, Novartis, Pfizer Inc., Qiagen, Biobase Gmbh, Quest Diagnostics Inc, Randox Laboratories Ltd., Sanofi Pharma, Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., Ab-Biotics Sa, Caris Life Sciences, Healthcore, Inc., Ibm, Innventis, Intel Corporation, Molecular Health Gmbh, Precision For Medicine

Key Finding:

The global precision medicine market is expected to reach USD 88.64 billion by 2022.
By ecosystem diagnostic tool companies holds the largest market share of precision medicine market and is expected to reach USD 27.56 billion by 2022.
By sub-market, company diagnostics holds the largest market share of precision medicine market and is expected to reach USD 21.32 billion by 2022.

Regional Analysis

Globally North America is the largest market for global precision medicine. Europe is the second-largest market for global precision medicine. The near future market for precision medicine will be dominated by the developed regions with developing regions providing a supporting role only. However the developing regions market particularly Asia Pacific will be the fastest growing and is likely to be the key to the future.

Browse Complete 313 Pages Premium Research Report Enabled with Respective Tables and Figures @ https://www.marketresearchfuture.com/reports/precision-medicine-market-925

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Market Research Future
Email: Send Email
Organization: Market Research Future
Address: Contact Us:, https://www.marketresearchfuture.com, Office No. 528, Amanora Chambers, Magarpatta Road, Hadapsar,, Pune - 411028, Maharashtra, India, Phone: +1 646 845 9312, Email: sales@marketresearchfuture.com
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/precision-medicine-market-925

Source URL: https://marketersmedia.com/precision-medicine-market-by-various-factors-size-share-supply-chain-analysis-porters-five-force-analysis-etc-forecast-upto-2022/481686

Source: MarketersMedia

Release ID: 481686

More News From Money - Morning Dispatcher

Indian authorities begin easing clampdown in Kashmir

Aug 18, 2019

NEW DELHI — Authorities in Indian-administered Kashmir began restoring landline phone services on Saturday after a nearly two-week security crackdown and news blackout following a decision by India's government to downgrade the Muslim-majority region's autonomy. Shahid Choudhary, a government administrator in Srinagar, the region's main city, said restrictions were being lifted in most areas and government offices were open. He also said on Twitter that food and other supplies were available "in abundance." Police said restrictions on the movement of people were relaxed in several parts of the region. "Situation remains peaceful," they said on Twitter. Rohit Kansal, another administrator...

Indian business ties underpin muted Arab response to Kashmir

Aug 18, 2019

DUBAI, United Arab Emirates — Gulf Arab countries have remained mostly silent as India's government moved to strip the Indian-administered sector of Kashmir of its limited autonomy, imposing a military curfew in the disputed Muslim-majority region and cutting off communication and the internet. This muted response is underpinned by more than $100 billion in annual trade with India, making it one of the Arabian Peninsula's most prized economic partners. Saudi Arabia urged restraint and expressed concern over the brewing crisis. Other Gulf countries — Kuwait, Qatar, Bahrain and Oman— do not appear to have issued any statements. The United Arab...

AP: UN workers accused of fraud, theft in handling Yemen aid

Aug 18, 2019

CAIRO — The United Nations investigators assembled in the departure hall of Sanaa's airport were preparing to leave with precious evidence: laptops and external drives collected from the staff of the World Health Organization. These computers, they believed, contained proof of corruption and fraud within the U.N. agency's office in Yemen. But before they could board their flight out, armed militiamen from the Houthi rebels ruling northern Yemen marched into the hall and confiscated the computers, according to six former and current aid officials. The stunned investigators were left unharmed, but flew out without the telltale devices. The Houthis had...

Saudi changes allow women to travel without male consent

Aug 18, 2019

DUBAI, United Arab Emirates — Saudi Arabia published new laws early Friday that loosen restrictions on women by allowing any citizen to apply for a passport and travel freely, ending a long-standing guardianship policy that gave men control over women. The changes are a potential game-changer for Saudi women's rights in the kingdom. The legal system has long been criticized because it treated women as minors throughout their adult lives, requiring they have a man's consent to obtain a passport or travel abroad. Often a woman's male guardian is her father or husband, and in some cases a woman's own...

New video from Iran shows Guard warning away UK warship

Aug 18, 2019

TEHRAN, Iran — In new video released Monday, an Iranian Revolutionary Guard officer is heard telling a British warship not to interfere or put their "life in danger" as the paramilitary force, using speedboats and a helicopter, seized a U.K.-flagged commercial vessel in the Strait of Hormuz earlier this month. The video includes a shot apparently filmed on the day of the July 19 incident from above the British warship Foxtrot 236 that was in the vicinity of the U.K.-flagged Stena Impero, showing the British navy unable to prevent Iran's seizure of the ship in the critical waterway. It also...

About Us

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.

Contact us: sales[at]morningdispatcher.com

Subscribe Now!

Quick Links

HomePress