Title: Precision Medicine Market - Forecast(2022 - 2027)
1Precision Medicine MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Precision Medicine Market size is 113.76Bn in
2019, growing at a CAGR of 13.2 during the
forecast period 2020-2025. - Precision medicine is also called personalized
medicine or individualized medicine is an
approach that protects health and treat diseases
taking into account an individual variability in
genes, environment and lifestyle for every
individual.
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- Key Takeaways
- Increasing awareness amongst people for early
treatment of disease is set to propel the growth
of the market. - Increasing prevalence of cancer is the driving
factors for the growth of Precision Medicine
market. - Increased geriatric population with modernized
routine disorders aiding growth towards the
market.
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Precision Medicine - Segment Analysis In 2019,
Oncology segment dominated the Precision Medicine
Market in terms of revenue is estimated to grow
at a CAGR of 11.2. Precision medicine helps in
the treatment of cancer patients by including
surgery, chemotherapy, radiation therapy and
immunotherapy depending on the cancerous tumor
cell size. Precision medicine gives the
information about genetic changes of tumor in
individuals which helps in deciding the treatment
procedures.
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- Precision Medicine Market Industry Outlook
- Medtronic PLC, Pfizer Inc.,
- Novartis AG,
- Qiagen NV,
- Teva Pharmaceuticals,
- AstraZeneca plc.,
- Takeda Pharmaceutical Company Ltd.,
- Merck Co. Inc.,
- Teijin Pharma Ltd. and Thermo Fisher Scientific
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2027) Learn More About the Report _at_
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- Analyst Briefing
- Data Tables
- Key Contacts
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