Reports
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Global Precision Medicine Market: By Technology: NGS, Drug Discovery Technologies, Bioinformatics; By Product: Consumables, Instruments, Services; By Application: Cardiovascular, Oncology, Others; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments
Global Precision Medicine Market Outlook
The global precision medicine industry is expected to grow at a CAGR of 10% to reach a value of USD 141 billion by 2026, driven by the rising technologies and growing demand for a cure for cancer.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
North America Leading the Precision Medicine Industry
North America has been a major hub in the research for market and the region has seen the largest market share in this field. The investment and government backing in this field has been seen to be high in such developed countries which has been a major cause for the large market. This has also been observed in Europe, where medical research has a robust foundation. Alternatively, in the Asia Pacific region, the lower cost of clinical trials as well as improving research in the healthcare field can make the region a lucrative choice for investment in the long run.
Precision Medicine: Industry, Definition and Segmentation
Precision medicine is a novel field of medicine where research into individual patients’ history is used to create specific drugs for certain groups of people, rather than a cure-all medicine for all. This field holds great promise in the cure for cancer, neurological and cardiological diseases. Since the patient’s genetic and medical history is analysed previously, the need for invasive testing procedures is reduced, thus lowering other costs for the patient as well as the doctor.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The industry can be segmented on the basis of technology used:
- NGS
- Drug Discovery Technologies
- Bioinformatics
- Others
The market can also be segmented by product type:
- Consumables
- Instruments
- Services
It can also be segmented on the basis of application:
- Cardiovascular
- Oncology
- Infectious Diseases
- Neurology/Psychiatry
- Gastroenterology
- Endocrinology
- Others
The market may be classified according to end-use too:
- Home care
- Hospitals
- Clinical Labs
- Others
The regional markets for precision medicine can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Advancement in Health-Related Data Analysis to Boost the Precision Medicine Industry
With a significant rise in data analytics related to health sciences as well as vast strides in the field of genomics, studies in precision medicine have increased over time and it is predicted that the trend shall continue well into the future. Individual drug-discovery is a tedious, time-consuming, and costly process and it requires clearance of various regulations from multiple agencies as well. Such factors and the cost-effectivity of this approach will also contribute to the growth of the precision medicine market. Growing cancer rates are also expected to push for greater research in this industry. With more people volunteering to share genetic data, lifestyle patterns and other relevant information, it is projected that precision medicine will see a considerable rise in interest, relevance, and market value.
Key Industry Players in the Global Precision Medicine Market
The report gives a detailed analysis of the following key players in the global precision medicine industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Siemens Healthcare GmbH
- Janssen Pharmaceutica N.V.
- Quest Diagnostics Incorporated
- F. Hoffmann-La Roche Ltd.
- Myriad Genetics Inc.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Product, Application, End Use, Region |
| Breakup by Technology | NGS, Drug Discovery Technologies, Bioinformatics, Others |
| Breakup by Product | Consumables, Instruments, Services |
| Breakup by Application | Cardiovascular, Oncology, Infectious Diseases, Neurology/Psychiatry, Gastroenterology, Endocrinology, Others |
| Breakup by End Use | Home Care, Hospitals, Clinical Labs, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Siemens Healthcare GmbH, Janssen Pharmaceutica N.V., Quest Diagnostics Incorporated, F. Hoffmann-La Roche Ltd, Myriad Genetics Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Precision Medicine Market Analysis
8.1 Key Industry Highlights
8.2 Global Precision Medicine Historical Market (2016-2020)
8.3 Global Precision Medicine Market Forecast (2021-2026)
8.4 Global Precision Medicine Market by Technology
8.4.1 NGS
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Drug Discovery Technologies
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Bioinformatics
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Others
8.5 Global Precision Medicine Market by Product
8.5.1 Consumables
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Instruments
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Services
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.6 Global Precision Medicine Market by Application
8.6.1 Cardiovascular
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Oncology
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Infectious Diseases
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2016-2020)
8.6.3.3 Forecast Trend (2021-2026)
8.6.4 Neurology/Psychiatry
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2016-2020)
8.6.4.3 Forecast Trend (2021-2026)
8.6.5 Gastroenterology
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2016-2020)
8.6.5.3 Forecast Trend (2021-2026)
8.6.6 Endocrinology
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2016-2020)
8.6.6.3 Forecast Trend (2021-2026)
8.6.7 Others
8.7 Global Precision Medicine Market by End Use
8.7.1 Home Care
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2016-2020)
8.7.1.3 Forecast Trend (2021-2026)
8.7.2 Hospitals
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2016-2020)
8.7.2.3 Forecast Trend (2021-2026)
8.7.3 Clinical Labs
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2016-2020)
8.7.3.3 Forecast Trend (2021-2026)
8.7.4 Others
8.8 Global Precision Medicine Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Siemens Healthcare GmbH
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Janssen Pharmaceutica N.V.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Quest Diagnostics Incorporated
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 F. Hoffmann-La Roche Ltd
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Myriad Genetics Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Precision Medicine Market: Key Industry Highlights, 2016 and 2026
2. Global Precision Medicine Historical Market: Breakup by Technology (USD Billion), 2016-2020
3. Global Precision Medicine Market Forecast: Breakup by Technology (USD Billion), 2021-2026
4. Global Precision Medicine Historical Market: Breakup by Product (USD Billion), 2016-2020
5. Global Precision Medicine Market Forecast: Breakup by Product (USD Billion), 2021-2026
6. Global Precision Medicine Historical Market: Breakup by Application (USD Billion), 2016-2020
7. Global Precision Medicine Market Forecast: Breakup by Application (USD Billion), 2021-2026
8. Global Precision Medicine Historical Market: Breakup by End Use (USD Billion), 2016-2020
9. Global Precision Medicine Market Forecast: Breakup by End Use (USD Billion), 2021-2026
10. Global Precision Medicine Historical Market: Breakup by Region (USD Billion), 2016-2020
11. Global Precision Medicine Market Forecast: Breakup by Region (USD Billion), 2021-2026
12. North America Precision Medicine Historical Market: Breakup by Country (USD Billion), 2016-2020
13. North America Precision Medicine Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Europe Precision Medicine Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Europe Precision Medicine Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Asia Pacific Precision Medicine Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Asia Pacific Precision Medicine Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Latin America Precision Medicine Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Latin America Precision Medicine Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Middle East and Africa Precision Medicine Historical Market: Breakup by Country (USD Billion), 2016-2020
21. Middle East and Africa Precision Medicine Market Forecast: Breakup by Country (USD Billion), 2021-2026
22. Global Precision Medicine Market Structure
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The United States compounding pharmacies market is being driven by the rising geriatric population and growing demand from parenteral division. The market is expected to grow at a CAGR of 6% in the fo...
The global anaesthesia drugs market attained a value of almost USD 5.91 billion in 2020, driven by the growing prevalence of gastrointestinal diseases, growing use of local drugs, and improving health...
The United States HIV drugs market is driven by the North America HIV drugs market, which attained more than USD 10 billion in 2020, driven by the efforts to prevent and suppress the virus count in HI...
Parkinson’s Disease Drugs Market Size, Share, Growth, Report 2021-2026
Nootropics Market Size, Share, Trends, Analysis, Report and Forecast 2021-2026
NEWSLETTER