The global Personalized Medicine Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2022-2028. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the personalized medicine market include Illumina Inc., GE Healthcare, Danaher Corporation (Cepheid Inc.), Abbott, QIAGEN, Exact Sciences Corporation, ASURAGEN INC., Biogen, Dako A/S, Exagen Inc., Precision Biologics, Celera Diagnostics LLC, Decode Genetics Inc., Genelex, IBM, Genentech Inc., 23andME Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market
Dynamics
The personalized medicine market shows
favourable growth during the study period. The growing focus on the role of the
biomarker or gene in the diagnosis, treatment, and prediction of diseases for
the development of personalized Medicine has contributed to the market's
growth. The market growth is also attributed to the fact that the number of
diseases like cancer and autoimmune is increasing, and personalized Medicine is
highly effective in treating them compared to other therapies. The progress in
the field of pharmacogenomics or the study of how a person's DNA affects his
way of responding to medications will create a favorable atmosphere for
developing patient-specific drugs. This will boost the market for personalized
medicines. Reduced risk for medication errors and harmful drug reactions, fast
results, and customized effects of these medicines will facilitate the research
and development in this field and generate market revenue for personalized
medicines. Flexible government policies toward these medicines will create new
growth opportunities in the market.
The research report covers Porter’s Five
Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These
tools help to get a clear picture of the industry’s structure and evaluate the
competition attractiveness at a global level. Additionally, these tools also
give an inclusive assessment of each segment in the global market of
personalized medicine. The growth and trends of personalized medicine industry
provide a holistic approach to this study.
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Market
Segmentation
This section of the personalized medicine
market report provides detailed data on the segments at country and regional
level, thereby assisting the strategist in identifying the target demographics
for the respective product or services with the upcoming opportunities.
By
Product
·
Personalized Medicine Diagnostics (Genetic Testing, Dtc Diagnostics,
Esoteric Lab Services, Esoteric Lab Tests)
·
Personalized Medicine Therapeutics (Pharmaceutical, Genomic Medicine,
Medical Devices)
·
Personalized Medical Care (Telemedicine, Health Information Technology)
·
Personalized Nutrition & Wellness (Retail Nutrition, Complementary
& Alternative Medicine)
Regional
Analysis
This section covers the regional outlook,
which accentuates current and future demand for the Personalized Medicine
market across North America, Europe, Asia-Pacific, Latin America, and Middle
East & Africa. Further, the report focuses on demand, estimation, and
forecast for individual application segments across all the prominent regions.
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