Precision Medical Market 2019 Industry Analysis, Share, Growth, Sales, Trends, Supply, Forecast to 2025

This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Pune, India - September 17, 2019 /MarketersMedia/ —


Global precision medicine market has been witnessing remarkable growth due to the shifting trends toward adoption of personalized medicines to obtain beneficial healthcare outcomes. The recent advancements in science and technology have helped companies in precision medicine industry speed up the research in this emerging sector. As per the Wise Guy Reports (WGR), the global precision medical market (diagnostics / therapeutic) is expected to reach USD 85.5 billion by 2025 with the healthy CAGR of 9.9% within forecast period 2019-2025. The key factors propelling the growth of this market are:

increasing online collaborative forums
increasing efforts to characterize genes and advancements in cancer biology
technology such as gene sequencing, biomarkers, big data analytics, and companion diagnostics anticipated to drive this market in the coming years
introduction of cost-effective genomic and molecular biology testing methods
increasing prevalence of cancer and rare diseases
rising use of big data in precision medicine
involvement of government and regulatory bodies

The fundamental concept of precision medicine is to understand the genetic makeup and difference at a population level, and further at an individual level, in order to customize a drug that targets a particular gene type. Hence, sequencing or characterizing genes is the most important method to gain information about genes and their possible mutations.

Request a Free Sample Report, Click Here @

Market Segment:

The global Precision Medical market is broadly classified by Product Type, Application, End Use, and Top Players / Brands. On the basis of product type, the market is segmented into Biomarker-based Tests, Next Gene Sequencing, and Precise Imaging

By application, the market is split up into Cardiovascular, Neurology, Gastroenterology, Infectious Diseases, Oncology, and Others

By end use, the market is divided into Home care, Hospitals, Clinical Laboratories, and Others

To determine the market segment, the report covers the following key players (along with key players’ sales, revenue, and market share):

Almac Group
Quest Diagnostics
GE Healthcare

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players, and the market as a whole.

Regional Analysis:

In the report, by region, the global Precision Medical market is divided into North America (United States, Canada and Mexico), Europe (Germany, France, UK, Spain, Russia and Italy), Asia-Pacific (China, Japan, India, Korea, South East Asia, India, and Australia), Central and South America (Brazil), Rest of Central & South America, and the Middle East & Africa (GCC countries, Egypt, Turkey, Israel, and South Africa).


Involvement of government and regulatory bodies has played a very important role in the growth of this field. In 2015, USA announced the launch of the Precision Medicine Initiative; the following year China launched the Precision Medicine Initiative, a 15-year project. The North American market currently holds the largest share and is expected to grow further during the forecast period. The Asia Pacific region is expected to emerge as the fastest growing region in this market.


Access Complete Report @

Contact Info:
Name: Norah Trent
Email: Send Email
Phone: +1 (339) 368 6938 (US), +44 208 133 9349 (UK)

Source URL:

Source: MarketersMedia

Release ID: 88919743

Latest News

Close call in majors can lead to some major recovery time

Jun 1, 2020

KAPALUA, Hawaii — J.B. Holmes played only two rounds in four months leading into the new year. He expected some rust at Kapalua, and it showed when he managed only two birdies in his opening round of 78. He can recover from that, especially in a 34-man field with no cut in the Sentry Tournament of Champions. Far more difficult was getting over his shot to win a major. For two days at Royal Portrush, Holmes played some of his best golf and shared the 36-hole lead. Even after Shane Lowry began to pull away with a 63 in the...

Adam Scott makes 2 late birdies to take Australian PGA lead

Jun 1, 2020

GOLD COAST, Australia — Adam Scott birdied two of his final three holes to take a one-stroke lead after three rounds of the Australian PGA championship on Saturday. Scott had a 54-hole total of 10-under 206 after a 3-under 69 at Royal Pines. "I made a good move at it (on the 18th) and it all worked out — you'd hope for that tomorrow to happen but you just never know," Scott said. "This golf course can bite you so it's important you execute your shots well when you're down in the valleys of sin around these greens." Former U.S....

Woods shoots 64 to take two-stroke lead at Zozo Championship

Jun 1, 2020

INZAI CITY, Japan — Tiger Woods shot a second straight 6-under 64 on Saturday to take a two-stroke lead after the second round of the rain-hit Zozo Championship. Teeing off in front of empty stands, Woods picked up where he left off after a 64 in Thursday's opening round with a birdie on the first hole, one of seven on the day that gave him a 36-hole total of 12-under 128, two shots ahead of Gary Woodland. Woods took the lead on the par-4 17 when his approach shot landed a foot from the hole and he made the easy...

Rain pushes PGA Tour Champions' final round to Monday

Jun 1, 2020

RICHMOND, Va. — Heavy rain forecast to last throughout the day forced the postponement of the third round of the PGA Tour Champions event on Sunday. The Dominion Energy Charity Classic, the first of three tournaments in the tour's Champions' Charles Schwab Cup playoffs, will resume on the Country Club of Virginia's James River Course at 8 a.m. Monday. Scott Parel and Tommy Tolles share the lead at 12 under par, with Colin Montgomerie one shot back. Parel won twice last season on the tour for players 50 and over, and Tolles is seeking his first victory in three years...

Na shoots 61 and takes lead in Las Vegas

Jun 1, 2020

LAS VEGAS — Kevin Na matched his career-low Saturday with a 10-under 61 on a day of low scoring in Las Vegas to build a two-shot lead over Patrick Cantlay in the Shiners Hospitals for Children Open. Na was pumping his fist after every putt down the stretch at the TPC Summerlin, which yielded six scores of 63 or better. Na, who lives in Las Vegas, set the tournament's 54-hole record at 22-under 191. Cantlay was staying with him until he failed to get up-and-down on the reachable par-4 15th and made bogey from the bunker on the par-3 17th....


5 Stars Discovery brings you to the stories from people around the world sharing on the finest luxury resorts, high-end city hotels, and exclusive hideaway to make sure you’ll get the premium experience.