Precision Medicine Market Size, Share, Analysis, Trends, And Growth 2032

Precision Medicine Market

Precision Medicine Market By Technology (Bioinformatics, Genomic Sequencing, Drug Discovery, Companion Diagnostics, Big Data Analytics Software, And Others), By Application (Oncology, Immunology, Respiratory, CNS, And Others), By End-User (Pharmaceutical Companies, Biotechnology Companies, Diagnostic Laboratories, Healthcare-IT/Big Data Firms, Clinical Laboratories, And Others), By Region - Global And Regional Industry Overview, market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024-2032

Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3876 Published Date: Aug-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 31.93 Billion USD 87.14 Billion 11.8% 2023

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Precision Medicine Market Revenue, 2016-2025 (USD Billion)
    • 2.2. Global Precision Medicine Market: Snapshot
  •  
  • Chapter 3. Precision Medicine Market - Industry Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global Precision Medicine Market Drivers: Impact Analysis
      • 3.2.2. Increasing Prevalence of Cancer
      • 3.2.3. Increasing adoption of targeted therapy
    • 3.3. Market restraints
      • 3.3.1. High capital investments
    • 3.4. Opportunities
      • 3.4.1. Emerging markets
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by Technology
      • 3.6.2. Market attractiveness analysis, by Application
      • 3.6.3. Market attractiveness analysis, by End-User
      • 3.6.4. Market attractiveness analysis, by Region
  •  
  • Chapter 4. Global Precision Medicine Market - Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global Precision Medicine Market: Company Market Share, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
  •  
  • Chapter 5. Global Precision Medicine Market - Technology Analysis
    • 5.1. Global Precision Medicine Market: Technology overview
      • 5.1.1. Global Precision Medicine Market share, by Technology, 2018 and 2025
    • 5.2. Bioinformatics
      • 5.2.1. Global Precision Medicine Market for Bioinformatics, 2016-2025 (USD Billion)
    • 5.3. Genomic Sequencing
      • 5.3.1. Global Precision Medicine Market for Genomic Sequencing, 2016-2025 (USD Billion)
    • 5.4. Drug Discovery
      • 5.4.1. Global Precision Medicine Market for Drug Discovery, 2016-2025 (USD Billion)
    • 5.5. Companion diagnostics
      • 5.5.1. Global Precision Medicine Market for Companion diagnostics, 2016-2025 (USD Billion)
    • 5.6. Big data Analytics Software
      • 5.6.1. Global Precision Medicine Market for Big data Analytics Software, 2016-2025 (USD Billion)
    • 5.7. Others
      • 5.7.1. Global Precision Medicine Market for Others, 2016-2025 (USD Billion)
  •  
  • Chapter 6. Global Precision Medicine Market - Application Analysis
    • 6.1. Global Precision Medicine Market: Application overview
      • 6.1.1. Global Precision Medicine Market share, by Application, 2018 and 2025
    • 6.2. Oncology
      • 6.2.1. Global Precision Medicine Market for Oncology, 2016-2025 (USD Billion)
    • 6.3. Immunology
      • 6.3.1. Global Precision Medicine Market for Immunology, 2016-2025 (USD Billion)
    • 6.4. Respiratory
      • 6.4.1. Global Precision Medicine Market for Respiratory, 2016-2025 (USD Billion)
    • 6.5. CNS
      • 6.5.1. Global Precision Medicine Market for CNS, 2016-2025 (USD Billion)
    • 6.6. Others
      • 6.6.1. Global Precision Medicine Market for Others, 2016-2025 (USD Billion)
  •  
  • Chapter 7. Global Precision Medicine Market - End-User Analysis
    • 7.1. Global Precision Medicine Market: End-User overview
      • 7.1.1. Global Precision Medicine Market share, by End-User, 2018 and 2025
    • 7.2. Pharmaceuticals Companies
      • 7.2.1. Global Precision Medicine Market for Pharmaceuticals Companies, 2016-2025 (USD Billion)
    • 7.3. Biotechnology Companies
      • 7.3.1. Global Precision Medicine Market for Biotechnology Companies, 2016-2025 (USD Billion)
    • 7.4. Diagnostic Laboratories
      • 7.4.1. Global Precision Medicine Market for Diagnostic Laboratories, 2016-2025 (USD Billion)
    • 7.5. Healthcare-IT/Big Data Firms
      • 7.5.1. Global Precision Medicine Market for Healthcare-IT/Big Data Firms, 2016-2025 (USD Billion)
    • 7.6. Clinical laboratories
      • 7.6.1. Global Precision Medicine Market for Clinical laboratories, 2016-2025 (USD Billion)
    • 7.7. Others
      • 7.7.1. Global Precision Medicine Market for Others, 2016-2025 (USD Billion)
  •  
  • Chapter 8. Global Precision Medicine Market - Regional Segment Analysis
    • 8.1. Global Precision Medicine Market: Regional overview
      • 8.1.1. Global Precision Medicine Market revenue share, by Region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
      • 8.2.2. North America Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.2.3. North America Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.2.4. The U.S.
        • 8.2.4.1. The U.S. Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.2.4.2. The U.S. Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.2.4.3. The U.S. Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.2.5. Rest of North America
        • 8.2.5.1. Rest of North America Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.2.5.2. Rest of North America Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.2.5.3. Rest of North America Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
      • 8.3.2. Europe Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.3.3. Europe Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.3.4. Germany
        • 8.3.4.1. Germany Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.3.4.2. Germany Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.3.4.3. Germany Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.3.5. The U.K.
        • 8.3.5.1. U.K. Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.3.5.2. U.K. Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.3.5.3. U.K. Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.3.6. France
        • 8.3.6.1. France Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.3.6.2. France Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.3.6.3. France Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.3.7. Rest of Europe
        • 8.3.7.1. Rest of Europe Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.3.7.2. Rest of Europe Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.3.7.3. Rest of Europe Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
      • 8.4.2. Asia Pacific Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.4.3. Asia Pacific Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.4.4. China
        • 8.4.4.1. China Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.4.4.2. China Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.4.4.3. China Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.4.5. Japan
        • 8.4.5.1. Japan Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.4.5.2. Japan Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.4.5.3. Japan Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.4.6. India
        • 8.4.6.1. India Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.4.6.2. India Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.4.6.3. India Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.4.7. Rest of Asia Pacific
        • 8.4.7.1. Rest of Asia Pacific Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.4.7.2. Rest of Asia Pacific Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.4.7.3. Rest of Asia Pacific Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
      • 8.5.2. Latin America Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.5.3. Latin America Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.5.4.2. Brazil Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.5.4.3. Brazil Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.5.5. Rest of Latin America
        • 8.5.5.1. Rest of Latin America Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
        • 8.5.5.2. Rest of Latin America Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.5.5.3. Rest of Latin America Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Precision Medicine Market Revenue, by Technology, 2016-2025 (USD Billion)
      • 8.6.2. The Middle East and Africa Precision Medicine Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.6.3. The Middle East and Africa Precision Medicine Market Revenue, by End-User, 2016-2025 (USD Billion)
  •  
  • Chapter 9. Company Profile
    • 9.1. Eagle Genomics
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. Biocrates Life Sciences
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. Teva Pharmaceuticals
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. Quest Diagnostics
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. Qiagen
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. Silicon Biosystems
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. Nanostring Technologies
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
    • 9.8. Ferrer inCode Overview
      • 9.8.1. Financials
      • 9.8.2. Product Portfolio
      • 9.8.3. Business strategy
      • 9.8.4. Recent developments
    • 9.9. Laboratory Corporation of America Holdings
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments
    • 9.10. Pfizer
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business strategy
      • 9.10.5. Recent developments
    • 9.11. Hoffmann-La Roche
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Product Portfolio
      • 9.11.4. Business strategy
      • 9.11.5. Recent developments
    • 9.12. Tepnel Pharma Services
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Product Portfolio
      • 9.12.4. Business strategy
      • 9.12.5. Recent developments

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global Precision Medicine Market Revenue, 2016–2025 (USD Billion)
4. Porter’s Five Forces Analysis
5. Precision Medicine Market attractiveness analysis, by Technology
6. Precision Medicine Market attractiveness analysis, by Application
7. Precision Medicine Market attractiveness analysis, by End-User
8. Precision Medicine Market attractiveness analysis, by Region
9. Company market share analysis, 2018
10. Global Precision Medicine Market share by Technology 2018 and 2025
11. Global Precision Medicine Market Revenue for Bioinformatics, 2016–2025 (USD Billion)
12. Global Precision Medicine Market Revenue for Genomic sequencing, 2016–2025 (USD Billion)
13. Global Precision Medicine Market Revenue for Drug Discovery, 2016–2025 (USD Billion)
14. Global Precision Medicine Market Revenue for Companion diagnostics, 2016–2025 (USD Billion)
15. Global Precision Medicine Market Revenue for Big data Analytics Software, 2016–2025 (USD Billion)
16. Global Precision Medicine Market Revenue for Others, 2016–2025 (USD Billion)
17. Global Precision Medicine Market share by Application, 2018 and 2025
18. Global Precision Medicine Market Revenue for Oncology, 2016–2025 (USD Billion)
19. Global Precision Medicine Market Revenue for Immunology, 2016–2025 (USD Billion)
20. Global Precision Medicine Market Revenue for Respiratory, 2016–2025 (USD Billion)
21. Global Precision Medicine Market Revenue for CNS, 2016–2025 (USD Billion)
22. Global Precision Medicine Market Revenue for Others, 2016–2025 (USD Billion)
23. Global Precision Medicine Market share by End-User, 2018 and 2025
24. Global Precision Medicine Market Revenue for Pharmaceuticals Companies, 2016–2025 (USD Billion)
25. Global Precision Medicine Market Revenue for Biotechnology  Companies, 2016–2025 (USD Billion)
26. Global Precision Medicine Market Revenue for Diagnostic Laboratories, 2016–2025 (USD Billion)
27. Global Precision Medicine Market Revenue for Healthcare-IT/Big Data firms, 2016–2025 (USD Billion)
28. Global Precision Medicine Market Revenue for Clinical Laboratories, 2016–2025 (USD Billion)
29. Global Precision Medicine Market Revenue for Others, 2016–2025 (USD Billion)
30. Global Precision Medicine Market share by Region, 2018 and 2025
31. North America Precision Medicine Market Revenue, 2016–2025 (USD Billion)
32. Europe Precision Medicine Market Revenue, 2016–2025 (USD Billion)
33. Asia Pacific Precision Medicine Market Revenue, 2016–2025 (USD Billion)
34. Latin America Precision Medicine Market Revenue, 2016–2025 (USD Billion)
35. The Middle East and Africa Precision Medicine Market Revenue, 2016–2025 (USD Billion)


Table Of Tables

List of Tables

1. Precision Medicine Market: Snapshot
2. Drivers of the Global Precision Medicine Market: Impact Analysis
3. Restraints of the Global Precision Medicine Market: Impact Analysis  
4. North America Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
5. North America Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
6. North America Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
7. The U.S. Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
8. The U.S. Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
9. The U.S. Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
10. Rest of North America Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
11. Rest of North America Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
12. Rest of North America Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
13. Europe Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
14. Europe Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
15. Europe Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
16. Germany Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
17. Germany Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
18. Germany Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
19. U.K. Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
20. U.K. Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
21. U.K. Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
22. France Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
23. France Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
24. France Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
25. Rest of Europe Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
26. Rest of Europe Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
27. Rest of Europe Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
28. Asia Pacific Precision Medicine Market Revenue, by Technology 2016–2025 (USD Billion)
29. Asia Pacific Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
30. Asia Pacific Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
31. China Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
32. China Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
33. China Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
34. Japan Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
35. Japan Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
36. Japan Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
37. India Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
38. India Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
39. India Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
40. Rest of Asia Pacific Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
41. Rest of Asia Pacific Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
42. Rest of Asia Pacific Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
43. Latin America Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
44. Latin America Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
45. Latin America Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
46. Brazil Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
47. Brazil Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
48. Brazil Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
49. Rest of Latin America Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
50. Rest of Latin America Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
51. Rest of Latin America Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)
52. The Middle East and Africa Precision Medicine Market Revenue, by Technology, 2016–2025 (USD Billion)
53. The Middle East and Africa Precision Medicine Market Revenue, by Application, 2016–2025 (USD Billion)
54. The Middle East and Africa Precision Medicine Market Revenue, by End-User, 2016–2025 (USD Billion)

Methodology

FrequentlyAsked Questions

Precision medicine, also known as personalized medicine, is a medical approach that tailors diagnosis, treatment, and prevention strategies to individual patients based on their unique genetic, environmental, and lifestyle factors. 
 

According to study, the Precision Medicine market size was worth around USD 31.93 billion in 2023 and is predicted to grow to around USD 87.14 billion by 2032.

The CAGR value of Precision Medicine market is expected to be around 11.8% during 2024-2032.

North America has been leading the Precision Medicine market and is anticipated to continue on the dominant position in the years to come.

The Precision Medicine market is led by players like Eagle Genomics, Biocrates Life Sciences, Teva Pharmaceuticals, Novartis, Quest Diagnostics, Qiagen, Silicon Biosystems, NanoString Technologies, Ferrer inCode, Laboratory Corporation of America Holdings, Pfizer, Hoffmann-La Roche, and Tepnel Pharma Services.

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