Personalized Medicine Market Overview:
The research Personalized Medicine Market seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the global Personalized Medicine Market by Product Type, End Users/Application, Key Manufacturers, and Several Key Regions.
Personalized Medicine Market is expected to reach US$ 848.01 Bn. at a CAGR of 6.21% during the forecast period 2029.
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Market Scope:
The research focuses on the report's growth prospects, constraints, and market analyses. The research employs Porter's five forces analysis of the Personalized Medicine industry to assess the impact of several variables on Personalized Medicine market trends, including supplier bargaining power, competitor competitive intensity, the threat of alternatives, buyer power etc.
Segmentation:
According to technology, the drug discovery market segment is anticipated to rule the entire world. Pharmacogenomics and recent technology developments in drug discovery both support the market's expansion. Pharmacogenomics is used to forecast a drug's effectiveness. Pharmacogenomics aids in concentrating efficient treatment on more limited patient subpopulations that have the same disease manifestation but have different genetic profiles. During the projection period, the segment is anticipated to increase at a CAGR of 8.7%. Qiagen announced the release of revolutionary RNA-seq library preparation technologies for next-generation sequencing in October 2021, greatly expanding both its portfolio and user base.
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Key Players:
• Abbott Laboratories
• Merck & Co., Inc.
• AstraZeneca
• Pfizer, Inc.
• GlaxoSmithKline plc.
• Novartis AG
• Amgen, Inc.
• Bayer AG
• Mylan N.V.
• Eli Lilly and Company
• Bristol Myers Squibb Co.
Regional Analysis:
Our analysts have also studied the global Personalized Medicine market in the following regions:
America, North (the United States, Canada)
European Union (Germany, France, United Kingdom, Russia)
Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
Latin America (Brazil, Argentina, Colombia)
Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
COVID-19 Impact Analysis on Personalized Medicine Market: The detailed impact analysis of the COVID-19 pandemic on the global Personalized Medicine market has also been included in the report.
Key Questions Answered in the Personalized Medicine Market Report are:
What will be the CAGR of the Personalized Medicine market during the forecast period (2021-2027)?
Which segment emerged as the leading segment in the Personalized Medicine market in 2020?
Which are the key players in the Personalized Medicine market?
What key trends are likely to emerge in the Personalized Medicine market in the forecast period?
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