| Title | Precision Medicine Market worth $50.2 billion by 2028 |
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| URL | https://www.reportsnreports.com/healthcare/biotechnology-reports/precision-medicine-market-worth-50-2-billion-by-2028/ |
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| Category | Fitness Health --> Health Articles |
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| Meta Keywords | Precision Medicine Market, Precision Medicine Market Size, Precision Medicine Market Trends, Precision Medicine Market Forecast |
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| Meta Description | Precision medicine, also known as ‘personalized medicine’, is an innovative approach to customizing treatment plans that considers the differences in an individuals’ genes, environment, and lifestyle. |
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| Owner | Healthcare101 |
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| Description |
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| The global precision medicine market in terms of revenue was estimated to be worth $29.1 billion in 2023 and is poised to reach $50.2 billion by 2028, growing at a CAGR of 11.5% from 2023 to 2028. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. Growth in the precision medicine industry is Currently the focus on genomic research is growing continuously. Is mainly due to the realisation of the potential that genetic targeted therapies hold. This is facilitating increasing adoption of precision medicine. Additionally, genetic testing add companion diagnostics are also witnessing growth. These factors along with the increasing approvals for personalised medicines from prominent regulatory bodies are supporting the growth of this market. |
