Exploring Precision Medicine Market: Key Drivers, $50.2 Billion Opportunity, and 11.5% CAGR Growth
Precision Medicine Market is experiencing significant growth, expected to rise from $29.1 billion in 2023 to $50.2 billion by 2028, driven by a CAGR of 11.5%. Growing focus on genomic research and targeted genetic therapies is fueling the market. In addition, the adoption of companion diagnostics, genetic testing, and approvals from regulatory bodies...
Global Precision Medicine Market worth $50.2 billion by 2028
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.
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Europe: The second-largest region in the precision medicine market.
The European market...
Global Precision Medicine Market worth $50.2 billion by 2028
Global Precision Medicine Market worth $50.2 billion by 2028
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 according to a new report by MarketsandMarkets™. The rising number of product approvals followed by growing focus on genetic testing, a prerequisite...
The Growing Landscape of Precision Medicine: Market Outlook and Trends
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 according to a new report by MarketsandMarkets™. The rising number of product approvals followed by growing focus on genetic testing, a prerequisite for precision medicine therapeutics, are the factors supporting...
Precision Medicine Market – Top Driving Factors and Future Trends 2024
Factors such as the rising government funding in precision medicine initiatives, partnerships among pharmaceutical and software companies, the entry of new players & VC funding, and growth in the number of cancer patients are driving the growth of the market.
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According to research report the precision...