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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 $50.2 billion by 2028, growing at a CAGR of 11.5 % from 2023 to 2028 according to a new report by MarketsandMarkets™. The rising number of product approvals followed by growing focus on genetic testing, a prerequisite for precision medicine therapeutics, are the factors supporting market growth.
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In the near future, the precision medicine industry is poised to revolutionize healthcare by harnessing the power of genomic and personalized data. With advancements in technology, including high-throughput sequencing, AI-driven analytics, and targeted therapies, precision medicine will become increasingly accessible and tailored to individual patients. This transformative approach will not only lead to more accurate disease diagnosis and treatment selection but also enable proactive disease pre...
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Precision Medicine Market is estimated to reach US$ 126.14 Bn by 2027, growing at a CAGR of 9.25% during the forecasted period and was valued to have US$ 56.35 Bn in 2020.
Precision Medicine Market Overview:
Maximize Market Research's published research findings will help you understand the landscape of the Precision Medicine Market in which you compete. The study gives Precision Medicine Market insights to help you better forecast future demand for your product and determine how competiti...
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According to a new market intelligence report by BIS Research, titled 'Global Precision Market - Analysis and Forecast, 2018-2028', the global precision medicine market was estimated at $78.85 billion in 2018 and is expected to grow over $216.75 billion by 2028. The market is anticipated to grow at a CAGR of 10.64% between the years 2018 and 2028, aided by the impressive growth in the digital health and information technology market.
The precision medicine market is a multibillion market whic...
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