Precision Medicine Market share to see growth of 10.5% from 2017 to 2024 - PowerPoint PPT Presentation


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Precision Medicine Market share to see growth of 10.5% from 2017 to 2024


Get more details @ Some of the major players of global precision medicine market are Intomics, F. Hoffmann-La Roche, NanoString Technologies, Laboratory Corporation of America Holdings, Biocrates Life Sciences, Teva Pharmaceutical, Tepnel Pharma Services, Novartis, Silicon Biosystems, Quest Diagnostics and Ferrer InCode. – PowerPoint PPT presentation

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Title: Precision Medicine Market share to see growth of 10.5% from 2017 to 2024

Precision Medicine Market share to reach 96 Bn
by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Precision Medicine Market
  • One of the pivotal factors influencing precision
    medicine market size in recent times is the
    emerging approach for disease diagnosis
    prevention that is calculated based on the genes
    and lifestyle of a person.
  • Considering the significant mark that this
    approach has made in the healthcare sector,
    precision medicine industry giants have been
    striving to exploit the potential of this
    technology to improve the accuracy of day-to-day
  • Recently for instance, The Michael J. Fox
    Foundation has collaborated with 23andMe and
    invested USD 4 million to construct a research
    facility for Parkinsons disease treatment using
    precision medicine.
  • As of today, next generation sequencing (NSG)
    technologies have been making their mark in
    precision medicine industry, driven by reduced
    expenditure, understanding of the genetic
    know-how of diseases, and high throughput
  • Driven by the substantial adoption of NGS panels
    in precision medicine, U.S. accounted for the
    largest regional share of precision medicine
    market in 2016.

  • The prevalence of NSG technologies may
    specifically have an impact on U.S. precision
    medicine market, given the vast expanse of the
    healthcare and medical research verticals across
    the region.
  • Initiatives of a similar kind undertaken by
    governmental bodies across numerous geographies
    are likely to augment the overall precision
    medicine market.
  • Speaking of which, NanoString Technologies,
    Novartis, Intomics, Biocrates Life Sciences,
    Tepnel Pharma Services, Roche, Silicon
    Biosystems, Ferrer InCode, Novartis, LabCorp,
    Quest Diagnostics, and Medtronic are some of the
    names that have been accumulating a commendable
    share of precision medicine industry.
  • Research institutes have been giving substantial
    preference for precision medicine given that the
    technology helps diagnose children with cancer.
  • According to a precision medicine market research
    report put together by Global Market Insights,
    Inc., this business vertical is slated surpass a
    revenue collection of USD 96 billion by the end
    of 2024.

India Precision Medicine Market, By Technology,
2013 - 2024

Table of Content
Chapter 1. Methodology 1.1. Methodology
1.1.1. Initial data exploration 1.1.2.
Statistical model and forecast 1.1.3. Industry
insights and validation 1.1.4. Market
definition and forecast parameters 1.2. Data
sources 1.2.1. Secondary 1.2.2.
Primary Chapter 2. Executive Summary 2.1.
Precision medicine industry 3600 synopsis, 2013 -
2024 2.1.1. Business trends 2.1.2.
Technology trends 2.1.3. Application
trends 2.1.4. Regional trends
Table of Content
Chapter 3. Precision Medicine Industry
Insights 3.1. Industry segmentation 3.2.
Industry landscape, 2013 2024 3.3. Industry
impact forces 3.3.1. Growth drivers
Advancement in cancer biology
Rise in the online collaborative
forums Increased adoption of gene
therapy Advancements in big data
analytics 3.3.2. Industry pitfalls
challenges High cost of precision
medicine Violation of the privacy
rule and misinterpretation of genetic and health
data 3.4. Growth potential analysis 3.4.1. By
technology 3.4.2. By application
Table of Content
3.5. Regulatory landscape 3.5.1. U.S 3.5.2.
Europe 3.6. Porters analysis 3.7. Competitive
landscape, 2016 3.7.1. Business
overview 3.7.2. Revenue analysis 3.7.3.
Product landscape 3.7.4. Strategy
dashboard 3.8. PESTEL analysis

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