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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 market growth.
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In the near future, the precision medicine industry is poised to revolutionize healthcare by harnessing the power of genomic and personalized data. With advancements in technology, including high-throughput sequencing, AI-driven analytics, and targeted therapies, precision medicine will become increasingly accessible and tailored to individual patients. This transformative approach will not only lead to more accurate disease diagnosis and treatment selection but also enable proactive disease pre...
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