Global Precision Medicine Market Size, Trends, Growth & Outlook

Precision Medicine Market - By Technology (Gene Sequencing, Drug Discovery, Bioinformatics, Precision Molecular Diagnostics, Big Data Analytics), By Application (Oncology, Immunology, Neurology, Cardiology, Respiratory, Others), By Product (Consumables, Instruments and Services), By End User (Diagnostic Companies, Pharmaceutical Companies, Clinical Laboratories, Others) & Global Region - Market Size, Trends, Opportunity, Forecast 2020-2028

Industry: Life Science | Report ID: FAMI-00565 | Published on: Oct, 2020 | View: 721 | Share:         

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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Facto Market Insights added a title on “Precision Medicine Market – 2020-2028” to its collection of market research reports. The study of the global precision medicine market will include the analysis of all the comprehensive segments, along with the market size, Y-O-Y growth analysis and structure of the overall industry. The industry structure is based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. The regional manufacturers and new market players in the precision medicine market can also leverage the information which is available in the research report to make strategic business decisions in the industry.

The infectious coronavirus (formerly 2019-nCoV) broke out in late 2019, which has imposed a medical emergency across the globe. More than 175 countries and territories have reported cases of COVID-19. On March 11th, 2020, the WHO declared the novel coronavirus a pandemic officially. With the spread of these diseases, it is expected that the GDP of various developed & developing countries will decline in the upcoming years. Further, with the increasing instances of COVID-19 many countries went under lockdown situations to control the pandemic which is anticipated to hamper the growth of various industries. The report analyzes global impact of COVID-19 on global precision medicine market.

The study on the market research report also includes the section of market dynamics which defines the true prospect of the market. Further, the market dynamics section is segregated into market growth factors, market trends, market opportunities and market barriers which defines the current nature and future status of the global precision medicine market. Along with this, the market research report also covers the facts & figures related to the macroeconomic trends that are expected to impact the growth of global precision medicine market.

Additionally, the porter’s five forces analysis demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global precision medicine market. In the market research report, the porter's five forces framework explains the method for analysing the competition of the business including industry structure and the level of competition in the overall market.

Moreover, the report also covers the section of competitive landscape of the global precision medicine market, which includes the market share and positioning of all the major players in the industry. The competitive landscape analysis provides comprehensive analysis of the company’s business and performance including company overview, financial information of market players, business strategy, revenue breakup by segment and by geography, SWOT Analysis, key product offering, marketing and distribution strategies, new product development and recent news related with the market. The recent news section is further segregated into acquisition, expansion, technology development, research & development and other market activities.

Global Precision Medicine Market Segmentation:

The market for precision medicine is divided into five major segments which including technology, application, product, end user and region. The study offers a comprehensive analysis of the segmentations in the global precision medicine market, this segmentation includes the segments which hold the major contribution into the market and also provides detailed growth parameters about the market.

By Technology

- Gene Sequencing

- Drug Discovery

- Bioinformatics

- Precision Molecular Diagnostics

- Big Data Analytics

By Application          

- Oncology

- Immunology

- Neurology

- Cardiology

- Respiratory

- Others

By Product

- Consumables

- Instruments

- Services

By End User

- Diagnostic Companies

- Pharmaceutical Companies

- Clinical Laboratories

- Others

By Geography

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

- Latin America (Brazil, Mexicoand Rest of Latin America)

- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Global Precision Medicine Market: Competitive Landscape

In the section of competitive landscape includes the market share analysis and positioning of the major & niche key players in the market. The market share analysis explains that how a firm is performing in the marketplace when it is compared to its competitors. In addition to this, the research report also includes the profiling of major & niche key players in the global precision medicine market. Some of the key players profiled include:

  • GE Healthcare
  • Johnson & Johnson
  • Laboratories Corporation of America Holdings
  • Pfizer
  • GlaxoSmithKline (GSK)
  • Abbott Laboratories
  • Danaher Corporation
  • Novartis AG
  • AstraZeneca
  • Bristol-Myers Squibb

 

Timeline Considered for Analysis:

- 2019: Base Year

- 2020: Estimated Year

- 2020 to 2028: Forecast Period

Key Questions Answered in this Report:

  • What was the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2028?
  • What are the most promising and high-growth trends in the overall market?
  • What are the key factors impacting market dynamics? What are the growth drivers, and restraints in the precision medicine market?
  • What are the emerging industry trends in the global precision medicine market?
  • What are recent development and advancement in the global precision medicine market?
  • What merger & acquisition activities have occurred in the past 4 years and what is its impact on the market?

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Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Drivers & Issues in Global Precision Medicine Market
3. Global Precision Medicine Market Trends
4. Opportunities in Global Precision Medicine Market
5. Recent Industry Activities, 2020
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Precision Medicine Market Size (USD Million), Growth Analysis and Forecast, (2020 - 2028)

9. Global Precision Medicine Market Segmentation Analysis, By Technology
9.1. Introduction
9.2. Market Attractiveness, By Technology
9.3. BPS Analysis, By Technology
9.4. Gene Sequencing
9.5. Drug Discovery
9.6. Bioinformatics
9.7. Precision Molecular Diagnostics
9.8. Big Data Analytics

10. Global Precision Medicine Market Segmentation Analysis, By Application
10.1. Introduction
10.2. Market Attractiveness, By Application
10.3. BPS Analysis, By Application
10.4. Oncology
10.5. Immunology
10.6. Neurology
10.7. Cardiology
10.8. Respiratory
10.9. Others

11. Global Precision Medicine Market Segmentation Analysis, By Product
11.1. Introduction
11.2. Market Attractiveness, By Product
11.3. BPS Analysis, By Product
11.4. Consumables
11.5. Instruments
11.6. Services

12. Global Precision Medicine Market Segmentation Analysis, By End User
12.1. Introduction
12.2. Market Attractiveness, By End User
12.3. BPS Analysis, By End User
12.4. Diagnostic Companies
12.5. Pharmaceutical Companies
12.6. Clinical Laboratories
12.7. Others

13. Geographical Analysis
13.1. Introduction
13.2. North America Precision Medicine Market Size (USD Million), 2020 - 2028
13.2.1. By Technology
13.2.2. By Application
13.2.3. By Product
13.2.4. By End User
13.2.5. By Country
13.2.5.1. Market Attractiveness, By End-user
13.2.5.2. BPS Analysis, By End-User
13.2.5.3. U.S. Market Size (USD Million), 2020 - 2028
13.2.5.4. Canada Market Size (USD Million), 2020 - 2028

13.3. Europe Precision Medicine Market Size (USD Million), 2020 - 2028
13.3.1. By Technology
13.3.2. By Application
13.3.3. By Product
13.3.4. By End User
13.3.5. By Country
13.3.5.1. Market Attractiveness, By Country
13.3.5.2. BPS Analysis, By Country
13.3.5.3. Germany Market Size (USD Million), 2020 - 2028
13.3.5.4. United Kingdom Market Size (USD Million), 2020 - 2028
13.3.5.5. France Market Size (USD Million), 2020 - 2028
13.3.5.6. Italy Market Size (USD Million), 2020 - 2028
13.3.5.7. Spain Market Size (USD Million), 2020 - 2028
13.3.5.8. Russia Market Size (USD Million), 2020 - 2028
13.3.5.9. Rest of Europe Market Size (USD Million), 2020 - 2028

13.4. Asia Pacific Precision Medicine Market Size (USD Million), 2020 - 2028
13.4.1. By Technology
13.4.2. By Application
13.4.3. By Product
13.4.4. By End User
13.4.5. By Country
13.4.5.1. Market Attractiveness, By Country
13.4.5.2. BPS Analysis, By Country
13.4.5.3. China Market Size (USD Million), 2020 - 2028
13.4.5.4. India Market Size (USD Million), 2020 - 2028
13.4.5.5. Japan Market Size (USD Million), 2020 - 2028
13.4.5.6. South Korea Market Size (USD Million), 2020 - 2028
13.4.5.7. Indonesia Market Size (USD Million), 2020 - 2028
13.4.5.8. Taiwan Market Size (USD Million), 2020 - 2028
13.4.5.9. Australia Market Size (USD Million), 2020 - 2028
13.4.5.10. New Zealand Market Size (USD Million), 2020 - 2028
13.4.5.11. Rest of Asia Pacific Market Size (USD Million), 2020 - 2028

13.5. Latin America Precision Medicine Market Size (USD Million), 2020 - 2028
13.5.1. By Technology
13.5.2. By Application
13.5.3. By Product
13.5.4. By End User
13.5.5. By Country
13.5.5.1. Market Attractiveness, By Country
13.5.5.2. BPS Analysis, By Country
13.5.5.3. Brazil Market Size (USD Million), 2020 - 2028
13.5.5.4. Mexico Market Size (USD Million), 2020 - 2028
13.5.5.5. Rest of Latin America Market Size (USD Million), 2020 - 2028

13.6. Middle East & Africa Precision Medicine Market Size (USD Million), 2020 - 2028
13.6.1. By Technology
13.6.2. By Application
13.6.3. By Product
13.6.4. By End User
13.6.5. By Country
13.6.5.1. Market Attractiveness, By Geography
13.6.5.2. BPS Analysis, By Geography
13.6.5.3. GCC Market Size (USD Million), 2020 - 2028
13.6.5.4. North Africa Market Size (USD Million), 2020 - 2028
13.6.5.5. South Africa Market Size (USD Million), 2020 - 2028
13.6.5.6. Rest of Middle East & Africa Market Size (USD Million), 2020 - 2028

14. Competitive Landscape
14.1. GE Healthcare
14.2. Johnson & Johnson
14.3. Laboratories Corporation of America Holdings
14.4. Pfizer
14.5. GlaxoSmithKline (GSK)
14.6. Abbott Laboratories
14.7. Danaher Corporation
14.8. Novartis AG
14.9. AstraZeneca
14.10. Bristol-Myers Squibb

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