Global Precision Medicine Market Size study & Forecast, by Technology by Application, and Regional Analysis, 2022-2029

Description

List of Tables

Global Precision Medicine Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Precision medicine is an emerging science that focuses treatment decisions on a patient's genetic profile, way of life, and environment. The success of precision medicine in treating cancer has led to an increase in its popularity. It enables medical professionals and researchers to forecast more precise treatment and prevention measures for every specific disease. Precision medicine, which focuses on the mutations that turn healthy bodily cells into cancerous ones, is often referred to as personalized medicine or tailored medicine. In comparison to conventional medications, the use of precision medicine in targeted cancer treatment offers fewer adverse effects and promotes faster recovery. The Precision Medicine market is expanding because of factors such as increasing incidence of central nerves system disorders and advancement in cancer biology.

Several gene therapies, diagnostics, and medications have been created in this field as a result of the rise in the prevalence of serious illnesses including cancer and uncommon diseases. According to estimates from the International Agency for Research on Cancer (IARC), globally, there were 17.0 million new instances of cancer and 9.5 million cancer-related deaths in 2018. It is estimated to increase the worldwide burden of cancer to 27.5 million new cases by 2040. Furthermore, the development of the industry under review is being fueled by developments in cell biology and technology. For instance, in May 2021, AdventHealth launched a data-driven precision medicine initiative as part of the expansion of its genomics programme. This initiative organize and integrate longitudinal patient data with molecular testing data, resulting in the creation of a dataset and disease network models that will aid the healthcare system in better anticipating the onset of diseases and how they will respond to treatments. Thus, these developments are fueling the growth. In addition, higher technological advancements of precision medicine and growing investments associated with precision medicine is creating a lucrative growth to the market. However, high cost for precision medicine development halt market growth.

The key regions considered for the Global Precision Medicine Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded Technologies and the region's increasing disease prevalence. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising geriatric, an increase in the number of collaborations for medicine development, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.

Major market players included in this report are:

Astarte Medical
AstraZeneca PLC
F Hoffmann-La Roche Ltd.
Laboratory Corporation of America Holdings
Medtronic PLC
Myriad Genetics Inc.
Novartis AG
Pfizer Inc.
Qiagen NV
Quest Diagnostics

Recent Developments in the Market:

In November 2022, The University of Pecs (UP) and BGI Genomics decided to open a collaborative lab in Hungary. The collaborative lab will begin formal operations in order to strengthen BGI Genomics' and the UP's avant-garde precision medicine advancements in the Central and Eastern European region and to speed the development of genomic sequencing and clinical diagnostic services.

Global Precision Medicine Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Technology, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Technology offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Technology:

Big Data Analytics
Bioinformatics
Gene Sequencing
Drug Discovery
Companion Diagnostics
Other Technologies

By Application:

Oncology
CNS
Immunology
Respiratory
Other Applications

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Precision Medicine Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Precision Medicine Market, by Technology, 2019-2029 (USD Billion)
- 1.2.3. Precision Medicine Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Precision Medicine Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Precision Medicine Market Dynamics

3.1. Precision Medicine Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing incidence of Central Nerves System disorders
  - 3.1.1.2. Advancement in Cancer Biology
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost for precision medicine development
- 3.1.3. Market Opportunities
  - 3.1.3.1. Higher Technological Advancements of Precision Medicine
  - 3.1.3.2. Growing Investments Associated with Precision Medicine

Chapter 4. Global Precision Medicine Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Precision Medicine Market, by Technology

6.1. Market Snapshot
6.2. Global Precision Medicine Market by Technology, Performance - Potential Analysis
6.3. Global Precision Medicine Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
6.4. Precision Medicine Market, Sub Segment Analysis
- 6.4.1. Big Data Analytics
- 6.4.2. Bioinformatics
- 6.4.3. Gene Sequencing
- 6.4.4. Drug Discovery
- 6.4.5. Companion Diagnostics
- 6.4.6. Other Technologies

Chapter 7. Global Precision Medicine Market, by Application

7.1. Market Snapshot
7.2. Global Precision Medicine Market by Application, Performance - Potential Analysis
7.3. Global Precision Medicine Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Precision Medicine Market, Sub Segment Analysis
- 7.4.1. Oncology
- 7.4.2. CNS
- 7.4.3. Immunology
- 7.4.4. Respiratory
- 7.4.5. Other Applications

Chapter 8. Global Precision Medicine Market, Regional Analysis

8.1. Precision Medicine Market, Regional Market Snapshot
8.2. North America Precision Medicine Market
- 8.2.1. U.S. Precision Medicine Market
  - 8.2.1.1. Technology breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Precision Medicine Market
8.3. Europe Precision Medicine Market Snapshot
- 8.3.1. U.K. Precision Medicine Market
- 8.3.2. Germany Precision Medicine Market
- 8.3.3. France Precision Medicine Market
- 8.3.4. Spain Precision Medicine Market
- 8.3.5. Italy Precision Medicine Market
- 8.3.6. Rest of Europe Precision Medicine Market
8.4. Asia-Pacific Precision Medicine Market Snapshot
- 8.4.1. China Precision Medicine Market
- 8.4.2. India Precision Medicine Market
- 8.4.3. Japan Precision Medicine Market
- 8.4.4. Australia Precision Medicine Market
- 8.4.5. South Korea Precision Medicine Market
- 8.4.6. Rest of Asia Pacific Precision Medicine Market
8.5. Latin America Precision Medicine Market Snapshot
- 8.5.1. Brazil Precision Medicine Market
- 8.5.2. Mexico Precision Medicine Market
- 8.5.3. Rest of Latin America Precision Medicine Market
8.6. Rest of The World Precision Medicine Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Astarte Medical
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. AstraZeneca PLC
- 9.2.3. F Hoffmann-La Roche Ltd.
- 9.2.4. Laboratory Corporation of America Holdings
- 9.2.5. Medtronic PLC
- 9.2.6. Myriad Genetics Inc.
- 9.2.7. Novartis AG
- 9.2.8. Pfizer Inc.
- 9.2.9. Qiagen NV
- 9.2.10. Quest Diagnostics

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Precision Medicine Market, report scope
TABLE 2. Global Precision Medicine Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Precision Medicine Market estimates & forecasts by Technology 2019-2029 (USD Billion)
TABLE 4. Global Precision Medicine Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Precision Medicine Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Precision Medicine Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Precision Medicine Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Precision Medicine Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Precision Medicine Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Precision Medicine Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Precision Medicine Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Precision Medicine Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Precision Medicine Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Precision Medicine Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Precision Medicine Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Precision Medicine Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Precision Medicine Market
TABLE 70. List of primary sources, used in the study of global Precision Medicine Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Precision Medicine Market, research methodology
FIG 2. Global Precision Medicine Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Precision Medicine Market, key trends 2021
FIG 5. Global Precision Medicine Market, growth prospects 2022-2029
FIG 6. Global Precision Medicine Market, porters 5 force model
FIG 7. Global Precision Medicine Market, pest analysis
FIG 8. Global Precision Medicine Market, value chain analysis
FIG 9. Global Precision Medicine Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Precision Medicine Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Precision Medicine Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Precision Medicine Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Precision Medicine Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Precision Medicine Market, regional snapshot 2019 & 2029
FIG 15. North America Precision Medicine Market 2019 & 2029 (USD Billion)
FIG 16. Europe Precision Medicine Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Precision Medicine Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Precision Medicine Market 2019 & 2029 (USD Billion)
FIG 19. Global Precision Medicine Market, company Market share analysis (2021)