Personalized Medicine Market Set for Significant Growth with Promising Industry Analysis (2023-2029)


Posted July 18, 2023 by supriyamaximize

Personalized Medicine Market is expected to reach US$ 848.01 Bn. at a CAGR of 6.21% during the forecast period 2029.

 
Personalized Medicine Market Overview

Maximize Market research, a global Healthcare market research firm, has market research report on “ Personalized Medicine Market .The report on Personalized Medicine Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges opportunities for Personalized Medicine Market growth.

Personalized Medicine Market Report Scope and Research Methodology

Personalized Medicine Market Analysis used both primary and secondary research techniques. Through surveys, interviews, and market observations, primary research entailed the direct acquisition of data from the marketplace. In secondary research, information was gathered from published sources such news stories, company websites, and industry studies.

The industry’s competition, which includes market leaders, imitators, and newcomers, is thoroughly studied. The important figures obtained at following thorough Personalized Medicine analysis were confirmed and verified through extensive primary research. Market engineering, market forecasting, market breakdown, and data triangulation are all examples of market statistics calculations. The company’s annual reports, articles, paid and free databases, etc. were used to gather the secondary data. calculating the regional

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Personalized Medicine Market Regional Insights

The research offers a thorough examination of the growth factors, obstacles, outlook, and competitive environment in every region. North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are the geographical regions into which the market is divided. The research also lists the top nations in each area and projects their respective markets.

Personalized Medicine Market Segmentation

Based on Product , Personalized nutrition & wellness held the greatest share in 2022, according to Product. During the projection period, it is anticipated to expand at a CAGR of 8.3%. Growing acceptance of personalized diet plans and increasing awareness of the importance of eating properly for wellness are thought to be the main drivers of the segment's expansion. There is a large selection of nutrition and wellness items that significantly contribute to the growth of the market. In order to offer individualized nutrition solutions using Artificial Intelligence (AI) technology, DSM and Mixfit joined in March 2021.

Based on Technology , 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.


Global Personalized Medicine Market, By Product (2022-2029)

Personalized Medical Care
Therapeutics
Personalized Nutrition & Wellness


Global Personalized Medicine Market, By Application (2022-2029)
Oncology
Immunology
CNS
Respiratory

Global Personalized Medicine Market, By Technology (2022-2029)

Big Data Analytics
Bioinformatics
Gene Sequencing
Drug Discovery
Companion Diagnostics

Global Personalized Medicine Market, By End-User (2022-2029)

Pharmaceutical Companies
Diagnostic Companies
Healthcare IT companies

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Personalized Medicine Market Key Players

1. Abbott Laboratories
2. Merck & Co., Inc.
3. AstraZeneca
4. Pfizer, Inc.
5. GlaxoSmithKline plc.
6. Novartis AG
7. Amgen, Inc.
8. Bayer AG
9. Mylan N.V.
10. Eli Lilly and Company
11. Bristol Myers Squibb Co.
12. Daiichi Sankyo Company, Ltd.
13. Biogen, Inc.
14. Johnson & Johnson Services, Inc.
15. F. Hoffmann-La Roche Ltd.
16. Thermo Fisher Scientific, Inc.
17. Novo Nordisk A/S
18. Sanofi Genzyme.
Important inquiries addressed in the Personalized Medicine Market are:

What is Personalized Medicine ?
What are the global trends in the Personalized Medicine Market?
What was the Personalized Medicine Total Market size in 2023?
What is expected Personalized Medicine Market size by 2029?
Who held the largest market share in Personalized Medicine Market?
Who are the leading companies and what are their portfolios in Personalized Medicine Market?
What are the major challenges that the Personalized Medicine Industry could face in the future?
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@ https://www.maximizemarketresearch.com/market-report/global-personalized-medicine-market/91666/

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2023−2029
Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
About Maximize Market Research:

A versatile market research and consulting firm, Maximize Market Research employs experts from several sectors. Medical device manufacturers, pharmaceutical companies, science and engineering, electronic components, industrial equipment, technology and communication, automobiles, chemical goods and substances, general merchandise, alcoholic beverages, personal care products, and automated systems are a few of the industries we cover. To name a few, we offer client impact studies, technical trend analysis, critical market research, competitive analysis, production and demand analysis, and market-verified industry estimations.

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Issued By Supriya
Country India
Categories Fitness , Health
Tags personalized medicine market
Last Updated July 18, 2023