Pharmacogenomics Market to Surge Past US$ 14.6 Billion by 2025

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Global Pharmacogenomics Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 20172025

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REPORT DESCRIPTION Global Pharmacogenomics Market – Overview Pharmacogenomics deals with the influence of genetic variation on drug response in patients by correlating gene expression changes and Single-Nucleotide Polymorphisms (SNPs) with a drug's efficacy or toxicity. Growing concerns for the early identification of drug advertises, drug safety, and growing need for prompt compliance to regulatory guidelines have led the introduction of new technologies and methods by pharmaceutical manufacturers and other intermediaries. These advancements are expected to fuel adoption of pharmacogenomics technology during the forecast period. Pharmacogenomics has different restorative applications such as cardiology, oncology, neurological disorder, and pain management. In this manner, through further headways in this field, by enhancing drug safety, optimizing drug therapy with increasing patient compliance and further reducing healthcare costs is expected to result in the meteoric growth of the pharmacogenomics market over the forecast period. Many government agencies are actively supporting the implementation of pharmacogenomics in drug development and surveillance, so that patients can benefit from advances in genomic science and technology. The government is also involved in funding companies that work to develop bioinformatics technology for precision medicine research applications. For instance, in 2017, Armonica Technologies, Inc. an Albuquerque based company received US$1.5 Mn from the states US $40 Mn catalyst fund. Š Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION Global Pharmacogenomics Market Taxonomy: Global Pharmacogenomics Market, By Technology Type: ●

Polymerase Chain Reaction

Sequencing

Microarray

Global Pharmacogenomics Market, By Application: ●

Oncology

Cardiology

Pain Management

Neurological Disorders

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REPORT DESCRIPTION Global Pharmacogenomics Market: Key Players ●

Thermo Fisher Scientific Inc.,

AstraZeneca plc.

Assurex Health.

GE Healthcare.

Bristol-Myers Squibb Company.

Qiagen, Inc.

F. Hoffmann-La Roche Ltd.

Transgenomic, Inc.

Abbott Laboratories, Inc.

GlaxoSmithKline.

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