Precision and Personalized Medicine – Thematic Research
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Personalized Medicine Market Report Overview
Precision and personalized medicine is an innovative medical model that offers customization of healthcare such that medical treatment plans are tailored to each patient based on various characteristics. These characteristics include genetics, proteins as well as the patient’s lifestyle, and environment. Advances in precision medicine will help clinicians consider not only symptoms and medical history but also the patient’s genetics, environment, biomarkers, and other parameters. This will improve patients’ diagnoses and treatment and will also help doctors come up with prevention methods that are suited to the patients. Precision and personalized medicine can reshape disease treatments and provide better treatment options to patients. A significant factor contributing to this ability is using data and genomics to tailor healthcare plans to each patient to improve their chances of survival and reduce exposure to adverse effects.
The Precision and Personalized Medicine thematic research report explores the theme of precision and personalized medicine through coverage of genomics, personal health data, 3D printing, and more. It provides an overview of the current scenario, including healthcare, macroeconomic and regulatory trends, and key players.
Report Pages | 25 |
Regions Covered | Global |
Key Trends | Healthcare, Macroeconomic, and Regulatory |
Value Chains | Technology, Diagnostics and Devices, and Services |
Leading vendors Precision and Personalized Medicine | Abbott Laboratories, Illumina, Johnson & Johnson, and GE Healthcare |
Precision and Personalized Medicine - Key Trends
The main trends shaping the precision and personalized medicine industry are classified into three categories: healthcare trends, macroeconomic trends, and regulatory trends.
- Healthcare trends – The key healthcare trends impacting the precision and personalized medicine space are maintenance of electronic medical records, genetic testing, remote patient monitoring, and wearable technology, preventative and predictive medicine along with the growing aging population and analyzing population health.
- Macroeconomic trends – The report analyses macroeconomic trends impacting the precision and personalized medicine, which include the impact of the COVID-19 pandemic, reimbursement, decreasing the cost of genetic testing, and collaboration between diagnostic and pharmaceutical companies.
- Regulatory trends – The key regulatory trends impacting the precision and personalized medicine, include the FDA, EMA, General Data Protection Regulation (GDPR), The Health Insurance Portability and Accountability Act (HIPAA), and the impact of clinical guidelines.
For more insights on key trends impacting the precision and personalized medicine industry, download a free report sample
Precision and Personalized Medicine – Industry Analysis
Precision medicine in oncology is being widely implemented to help healthcare providers determine the best treatment plan for cancer patients. Understanding a patient’s genetic makeup and mutations can help treat, diagnose, and prevent certain cancers early on. Moreover, advances in genetic and drug manufacturing could also provide new treatment methods for people suffering from autoimmune and infectious diseases. Personalized medicine technology uses RNA analytics and machine learning to characterize patients’ genes and provide clinical decision support to healthcare professionals. The technology detects early signs of disease and then groups patients together based on the severity of their condition so that their treatment is precise. This gene sequencing, paired with AI and big data, could allow for even more precise care and individualized treatment options based on the patient’s needs and not only the disease symptoms.
The Precision and Personalized Medicine market analysis also covers:
- Mergers and acquisitions
- Use cases
- Timeline
For more precision and personalized medicine industry analysis, download a free report sample
Precision and Personalized Medicine - Value Chain Analysis
GlobalData’s Precision and Personalized Medicine value chain is split into three segments: technology, diagnostics and devices, and services.
Technology
The Precision and Personalized Medicine value chain is made up of five types of technologies: big data, bioinformatics, gene sequencing, artificial intelligence, and 3D printing. The below value chain highlights the leaders and disruptors in the technology segment.
Precision and Personalized Medicine Value Chain Analysis
For more insights on the precision and personalized medicine value chain, download a free report sample
Leading Vendors in the Precision and Personalized Medicine Sector
Some of the leading vendors making their mark within the precision and personalized medicine space are:
- Abbott Laboratories
- Illumina
- Johnson & Johnson
- GE Healthcare
To know more about leading companies associated with Precision and Personalized Medicine, download a free report sample
Key Highlights
This report explores the theme of precision and personalized medicine, through coverage of genomics, personal health data, 3D printing and more.
Reasons to Buy
- GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
- Develop and design your corporate strategies through an in-house expert analysis of Precision Medicine by understanding the primary ways in which this theme is impacting the medical devices industry.
- Stay up to date on the industry’s major players and where they sit in the value chain.
- Identify emerging industry trends to gain a competitive advantage.
Abbott
Medtronic
Allscripts Healthcare Solutions
McKesson
Zimmer Biomet Holdings
Illumina
Roche
Thermo Fisher Scientific
Boston Scientfic
Stryker
3M
Philips
GE Healthcare
Quest Diagnostics
Table of Contents
Frequently asked questions
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What are the key healthcare trends shaping the Precision and Personalized Medicine market?
The key healthcare trends impacting the precision and personalized medicine space are maintenance of electronic medical records, genetic testing, remote patient monitoring, and wearable technology, preventative and predictive medicine along with the growing aging population and analyzing population health.
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What are the key macroeconomic trends shaping the Precision and Personalized Medicine market?
The key macroeconomic trends impacting the precision and personalized medicine market, include the impact of the COVID-19 pandemic, reimbursement, decreasing the cost of genetic testing, and collaboration between diagnostic and pharmaceutical companies.
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What are the key regulatory trends shaping the Precision and Personalized Medicine market?
The key regulatory trends impacting the precision and personalized medicine market, include the FDA, EMA, General Data Protection Regulation (GDPR), The Health Insurance Portability and Accountability Act (HIPAA), and the impact of clinical guidelines.
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What are the components of the value chain of the Precision and Personalized Medicine theme?
GlobalData’s precision and personalized medicine value chain in is split into three segments: technology, diagnostics and devices, and services.
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Which are the leading vendors in the Precision and Personalized Medicine sector?
Some of the vendors making their mark within the precision and personalized medicine space are Abbott Laboratories, Illumina, Johnson & Johnson, and GE Healthcare among others.
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