Precision Medicine Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology (Drug Discovery, Companion Diagnostics, Gene Sequencing, Bio-Informatics, Big Data Analytics); Application (Oncology, Respiratory, CNS, Infectious Diseases, Immunology, Cardiology, Other Applications)
Report Code: TIPBT00002184 | No. of Pages: 150 | Category: Biotechnology | Status: Upcoming
MARKET OVERVIEW
Precision medicine is used to characterizing the diseases and detailed study on patient specific information to diagnose. The concept based on rapidly growing in the medical community through expansions in advanced technologies including molecular biomarker analysis, next generation sequencing, bioinformatics and big data analytics. Precision medicine helps to make possible the diagnosis and treatment of various diseases by relying on genomics and specific biomarker techniques. The approach allows researchers and doctors to predict more accurately the treatment and prevention strategies for a particular disease.
MARKET SCOPE
The "Global Precision Medicine Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the precision medicine market with detailed market segmentation by technology, application, and geography. The report provides key statistics on the market status of the leading Precision Medicine market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on technology, the global precision medicine market is segmented into big data analytics, bioinformatics, gene sequencing, drug discovery, companion diagnostics, other technologies.
- Based on application, the global precision medicine market is segmented into oncology, CNS, immunology, respiratory, other applications.
MARKET DYNAMICS
Drivers
- Increasing prevalance of chronic diseases
- Advancement in cancer biology
- Increasing research and development activities in biotechnology sector
- The availability of large-scale human genome databases coupled with computational tools
Restraints
- Declining FDA pharmacotherapy approval rate
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Precision Medicine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Precision Medicine market in these regions.
IMPACT OF COVID-19 ON PRECISION MEDICINE MARKET
The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The healthcare industry is conducting precision medicine and genomics research to measure COVID-19 impact and discover potential therapies. Precision medicine has spurred collaborative efforts between governments, and increasing products launches are driving the growth of the market. For instance, in October 2020, Diaceutics PLC launched DXRX The Diagnostic Network. It has been designed to accelerate the end-to-end development and commercialization of precision medicine diagnostics by reducing time to peak biomarker test adoption for cancer testing from years to months.
MARKET PLAYERS
The report covers key developments in the precision medicine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Precision Medicine market are anticipated to lucrative growth opportunities in the future with the rising demand for Precision Medicine in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Precision Medicine market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- F. Hoffmann-La Roche Ltd
- Quest Diagnostics Incorporated
- Novartis AG
- Bristol-Myers Squibb Company
- Medtronic
- QIAGEN
- Pfizer Inc.
- Thermo Fisher Scientific Inc.
- Eli Lilly and Company
- AstraZeneca
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Precision Medicine Market - By Technology
1.3.2 Precision Medicine Market - By Application
1.3.3 Precision Medicine Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PRECISION MEDICINE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PRECISION MEDICINE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PRECISION MEDICINE MARKET - GLOBAL MARKET ANALYSIS
6.1. PRECISION MEDICINE - GLOBAL MARKET OVERVIEW
6.2. PRECISION MEDICINE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. PRECISION MEDICINE MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. DRUG DISCOVERY
7.3.1. Overview
7.3.2. Drug Discovery Market Forecast and Analysis
7.4. COMPANION DIAGNOSTICS
7.4.1. Overview
7.4.2. Companion Diagnostics Market Forecast and Analysis
7.5. GENE SEQUENCING
7.5.1. Overview
7.5.2. Gene Sequencing Market Forecast and Analysis
7.6. BIO-INFORMATICS
7.6.1. Overview
7.6.2. Bio-Informatics Market Forecast and Analysis
7.7. BIG DATA ANALYTICS
7.7.1. Overview
7.7.2. Big Data Analytics Market Forecast and Analysis
8. PRECISION MEDICINE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ONCOLOGY
8.3.1. Overview
8.3.2. Oncology Market Forecast and Analysis
8.4. RESPIRATORY
8.4.1. Overview
8.4.2. Respiratory Market Forecast and Analysis
8.5. CNS
8.5.1. Overview
8.5.2. CNS Market Forecast and Analysis
8.6. INFECTIOUS DISEASES
8.6.1. Overview
8.6.2. Infectious Diseases Market Forecast and Analysis
8.7. IMMUNOLOGY
8.7.1. Overview
8.7.2. Immunology Market Forecast and Analysis
8.8. CARDIOLOGY
8.8.1. Overview
8.8.2. Cardiology Market Forecast and Analysis
8.9. OTHER APPLICATIONS
8.9.1. Overview
8.9.2. Other Applications Market Forecast and Analysis
9. PRECISION MEDICINE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Precision Medicine Market Overview
9.1.2 North America Precision Medicine Market Forecasts and Analysis
9.1.3 North America Precision Medicine Market Forecasts and Analysis - By Technology
9.1.4 North America Precision Medicine Market Forecasts and Analysis - By Application
9.1.5 North America Precision Medicine Market Forecasts and Analysis - By Countries
9.1.5.1 United States Precision Medicine Market
9.1.5.1.1 United States Precision Medicine Market by Technology
9.1.5.1.2 United States Precision Medicine Market by Application
9.1.5.2 Canada Precision Medicine Market
9.1.5.2.1 Canada Precision Medicine Market by Technology
9.1.5.2.2 Canada Precision Medicine Market by Application
9.1.5.3 Mexico Precision Medicine Market
9.1.5.3.1 Mexico Precision Medicine Market by Technology
9.1.5.3.2 Mexico Precision Medicine Market by Application
9.2. EUROPE
9.2.1 Europe Precision Medicine Market Overview
9.2.2 Europe Precision Medicine Market Forecasts and Analysis
9.2.3 Europe Precision Medicine Market Forecasts and Analysis - By Technology
9.2.4 Europe Precision Medicine Market Forecasts and Analysis - By Application
9.2.5 Europe Precision Medicine Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Precision Medicine Market
9.2.5.1.1 Germany Precision Medicine Market by Technology
9.2.5.1.2 Germany Precision Medicine Market by Application
9.2.5.2 France Precision Medicine Market
9.2.5.2.1 France Precision Medicine Market by Technology
9.2.5.2.2 France Precision Medicine Market by Application
9.2.5.3 Italy Precision Medicine Market
9.2.5.3.1 Italy Precision Medicine Market by Technology
9.2.5.3.2 Italy Precision Medicine Market by Application
9.2.5.4 Spain Precision Medicine Market
9.2.5.4.1 Spain Precision Medicine Market by Technology
9.2.5.4.2 Spain Precision Medicine Market by Application
9.2.5.5 United Kingdom Precision Medicine Market
9.2.5.5.1 United Kingdom Precision Medicine Market by Technology
9.2.5.5.2 United Kingdom Precision Medicine Market by Application
9.2.5.6 Rest of Europe Precision Medicine Market
9.2.5.6.1 Rest of Europe Precision Medicine Market by Technology
9.2.5.6.2 Rest of Europe Precision Medicine Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Precision Medicine Market Overview
9.3.2 Asia-Pacific Precision Medicine Market Forecasts and Analysis
9.3.3 Asia-Pacific Precision Medicine Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Precision Medicine Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Precision Medicine Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Precision Medicine Market
9.3.5.1.1 Australia Precision Medicine Market by Technology
9.3.5.1.2 Australia Precision Medicine Market by Application
9.3.5.2 China Precision Medicine Market
9.3.5.2.1 China Precision Medicine Market by Technology
9.3.5.2.2 China Precision Medicine Market by Application
9.3.5.3 India Precision Medicine Market
9.3.5.3.1 India Precision Medicine Market by Technology
9.3.5.3.2 India Precision Medicine Market by Application
9.3.5.4 Japan Precision Medicine Market
9.3.5.4.1 Japan Precision Medicine Market by Technology
9.3.5.4.2 Japan Precision Medicine Market by Application
9.3.5.5 South Korea Precision Medicine Market
9.3.5.5.1 South Korea Precision Medicine Market by Technology
9.3.5.5.2 South Korea Precision Medicine Market by Application
9.3.5.6 Rest of Asia-Pacific Precision Medicine Market
9.3.5.6.1 Rest of Asia-Pacific Precision Medicine Market by Technology
9.3.5.6.2 Rest of Asia-Pacific Precision Medicine Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Precision Medicine Market Overview
9.4.2 Middle East and Africa Precision Medicine Market Forecasts and Analysis
9.4.3 Middle East and Africa Precision Medicine Market Forecasts and Analysis - By Technology
9.4.4 Middle East and Africa Precision Medicine Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Precision Medicine Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Precision Medicine Market
9.4.5.1.1 South Africa Precision Medicine Market by Technology
9.4.5.1.2 South Africa Precision Medicine Market by Application
9.4.5.2 Saudi Arabia Precision Medicine Market
9.4.5.2.1 Saudi Arabia Precision Medicine Market by Technology
9.4.5.2.2 Saudi Arabia Precision Medicine Market by Application
9.4.5.3 U.A.E Precision Medicine Market
9.4.5.3.1 U.A.E Precision Medicine Market by Technology
9.4.5.3.2 U.A.E Precision Medicine Market by Application
9.4.5.4 Rest of Middle East and Africa Precision Medicine Market
9.4.5.4.1 Rest of Middle East and Africa Precision Medicine Market by Technology
9.4.5.4.2 Rest of Middle East and Africa Precision Medicine Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Precision Medicine Market Overview
9.5.2 South and Central America Precision Medicine Market Forecasts and Analysis
9.5.3 South and Central America Precision Medicine Market Forecasts and Analysis - By Technology
9.5.4 South and Central America Precision Medicine Market Forecasts and Analysis - By Application
9.5.5 South and Central America Precision Medicine Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Precision Medicine Market
9.5.5.1.1 Brazil Precision Medicine Market by Technology
9.5.5.1.2 Brazil Precision Medicine Market by Application
9.5.5.2 Argentina Precision Medicine Market
9.5.5.2.1 Argentina Precision Medicine Market by Technology
9.5.5.2.2 Argentina Precision Medicine Market by Application
9.5.5.3 Rest of South and Central America Precision Medicine Market
9.5.5.3.1 Rest of South and Central America Precision Medicine Market by Technology
9.5.5.3.2 Rest of South and Central America Precision Medicine Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL PRECISION MEDICINE MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. PRECISION MEDICINE MARKET, KEY COMPANY PROFILES
12.1. F. HOFFMANN-LA ROCHE LTD
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. QUEST DIAGNOSTICS INCORPORATED
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. NOVARTIS AG
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. BRISTOL-MYERS SQUIBB COMPANY
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MEDTRONIC
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. QIAGEN
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PFIZER INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. THERMO FISHER SCIENTIFIC INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. ELI LILLY AND COMPANY
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. ASTRAZENECA
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
1. F. Hoffmann-La Roche Ltd
2. Quest Diagnostics Incorporated
3. Novartis AG
4. Bristol-Myers Squibb Company
5. Medtronic
6. QIAGEN
7. Pfizer Inc.
8. Thermo Fisher Scientific Inc.
9. Eli Lilly and Company
10. AstraZeneca
11. OneOme LLC
12. Kailos Genetics Inc.
13. Syapse Inc.
14. BioSyntagma
15. Biogen
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