Pharmacogenomics Market Research Report – Forecast to 2023 Global Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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Pharmacogenomics Market Research Report – Forecast to 2023
Pharmacogenomics defines how genes can affect a person’s response to drugs. It is relatively a new field and combines pharmacology and genomics. The aim of pharmacogenomics is to develop effective and safe medications. Moreover by pharmacogenomics, drugs doses can be tailored to a person’s genetic makeup. The field of pharmacogenomics is predicted to treat a wide range of health problems including cardiovascular diseases, Alzheimer disease, cancer, HIV/AIDS, and asthma, in near future. According to the Organisation for Economic Co-operation and Development (2017), biotech R&D in the business enterprise sector was 11.3%, and 9.4% for U.S. and France respectively in 2014. Moreover, in 2016, according to the company BIOCOM AG, the total turnover for the Germany based biotech companies was USD 3.7 billion. The above data concludes that the biotechnology industry is expanding. This growing biotech sector along with the rising healthcare expenditures, and increasing interest for customized drugs will drive the market growth. However, lack of awareness and lack of consistency in pharmacogenomics products will restrain the market growth during the forecast period. Browse Report Details @ https://www.marketresearchfuture.com/reports/pharmacogenomics-market-1177
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Pharmacogenomics Market Research Report – Forecast to 2023 Segmentation: The global pharmacogenomics market is segmented on the basis of technology, application, and end user. On the basis of technology, the market is segmented into microarray, sequencing, polymerase chain reaction, and others. The sequencing segment is sub-segmented into Sanger sequencing, pyrosequencing, next-generation sequencing, and others. On the basis of application, the market is segmented into oncology, cardiology, neurological disorders, and others. The oncology segment, by technology, is sub-segmented into breast cancer, lung cancer, and others. On the basis of end users, the market is segmented into hospitals, research organizations, academic institute, and others
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Pharmacogenomics Market Research Report – Forecast to 2023 Application & Major Players in this Research:
Market Prominent Players: The key players for the global pharmacogenomics market are Myriad Genetics, Inc. (U.S.), 23andMe, Inc. (U.S.), Pathway Genomics (U.S.), GeneTech (U.S.), GeneDx. (U.S.), Future Science Group (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Assurex Health, Inc. (U.S.), and others. Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: The competitive market is witnessing several strategies such as mergers and collaborations that could take the market forward. For instance, Illumina bought Edico Genome, a data analysis company that provides solutions for NGS. Myriad Genetics acquired Counsyl, a specialist in carrier screening and non-invasive prenatal screening. Get Discount @ https://www.marketresearchfuture.com/check-discount/1177
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Pharmacogenomics Market Research Report – Forecast to 2023 About Us: Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), ContinuousFeed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright Š 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.
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