Global Precision Medicine Market Is Expected to Reach Usd 98,250.4 Mn by 2023 - Credence Research

Global Precision Medicine Market is Expected To Reach

USD 98,250.4 Mn By 2023 - Credence Research

The latest market report published by Credence Research, Inc. “Global Precision Medicine Market Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the precision medicine

market was valued at USD 38,878.6 Mn in 2015, and is expected to reach USD 98,250.4 Mn by 2023,

expanding at a CAGR of 12.3% from 2016 to 2023.

Browse the full report Precision Medicine Market - Growth, Share, Opportunities, Competitive Analysis,

and Forecast, 2016 – 2023 report at http://www.credenceresearch.com/report/precision-medicinemarket

Market Insights

Precision medicine is a new technology applied for treatment and prevention of chronic diseases based

on the variability in individual genes and other lifestyle characteristics. In precision medicine, diagnostic

testing is frequently employed for selecting suitable and optimal therapies based on the framework of a

patient’s genetic content or other molecular or cellular analysis. Tools engaged in precision medicine can

include molecular diagnostics, imaging, and analytics/software. According to U.S. Food and Drug

Administration (USFDA), advances in precision medicine have already led to powerful new discoveries and

several new FDA-approved treatments that are tailored to specific characteristics of individuals, such as a

person’s genetic makeup, or the genetic profile of an individual’s tumor. The experts from USFDA also

suggests that patients with a variety of cancers routinely undergo molecular testing as part of patient

care, enabling physicians to select treatments that improve chances of survival and reduce exposure to

adverse effects.

Browse All Reports of This Category @ http://www.credenceresearch.com/industry/pharmaceuticalsmarket

Geography segmentation of precision medicine comprised regions such as North America, Europe, Asia

Pacific, Latin America, Middle East and Africa....