PRECISION MEDICINE DIAGNOSTICS MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027
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REPORT DESCRIPTION Precision Medicine Diagnostics Market - Overview Precision Medicine Diagnostics Market- Regional Analysis On the basis of region, the global Precision Medicine Diagnostics Market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Geographically, North America accounts for the largest share in the global precision medicine diagnostics market, owing to increasing awareness and initiative related to precision medicine in the North America. For instance, in 2015, the U.S Government launched the Precision Medicine Initiative to revolutionize method to improve health and treat disease. The precision medicine initiative will enable health care providers to adapt new treatment and prevention strategies to people’s unique characteristics, including their genome sequence,. Europe is anticipated to witness significant growth in the precision medicine diagnostics market over the forecast period due to expansion of key players in the region. For instance, in February 2018, QIAGEN N.V. collaborated with and Sentieon, Inc., to advance precision medicine by delivering Sentieon’s highly efficient variant-calling software. Qiagen N.V. is expected to incorporate Sentieon’s variant-calling software into its bioinformatics portfolio, supporting thousands of next-generation sequencing (NGS) labs and also planned to offer its customer with Sentieon DNAseq and Sentieon TNseq products for germline and somatic variant calling. Browse Research Reports: https://www.coherentmarketinsights.com/ongoinginsight/precision-medicine-diagnostics-market-2422 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Precision Medicine Diagnostics Market- Drivers Precision medicine diagnostics market is expected to expand at rapid pace in near future, owing to increasing number of pipeline studies to develop new treatment for cancer. For instance, in January 2016, University of Arkansas initiated the clinical trial for fresh tissue biopsy to study the further advancements in bio-specimens (blood cellular free component, e.g., plasma, serum, tissue, urine), in order to develop precision medicine for lung cancer management and screening (synergy with imaging). Fresh tissue biopsy involves taking a small sample of tissue from the body part for further microscopic examination. The study is estimated to complete in December 2019. Moreover, government initiatives to create awareness among the community health worker is expected to boost growth of the precision medicine diagnostics market. For instance, in March 2018, the Division of Community Engagement and University of Agricultural and Horticultural Sciences (UAHS) Center for Applied Genetics and Genomic Medicine partnered with the University Of Arizona Banner Health Research Program to develop and implement a unique and culturally conscious approach to increase precision medicine literacy, particularly among underserved and marginalized populations. The program has been named as ‘Precision Medicine Community Health Workers/Promoters for All of Us’. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/2422 Š Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Key Development In May 2019, QIAGEN N.V., launched PIK3CA RGQ PCR biomarker to enhance precision medicine in breast cancer patient. In February 2019, ICON plc., a global leader in drug development solution and service acquired Molecular MD for the development and commercialization of precision medicines in oncology. In 2018, Syapse, Inc., a leading precision medicine company entered into collaboration with Roche to make precision medicine for cancer patients. In January 2018, Syapse collaborated with Roche in order to advance precision medicine in oncology. Also, this partnership focuses on clinical delivery and product development for introducing precision medicine. In 2018, Konica Minolta Inc., launched Konica Minolta precision medicine in japan. Precision Medicine Diagnostics Market- Competitive Landscape
Some of the major players operating in the precision medicine diagnostics market include Intomics, Ferrer Incode, Nanostring Technologies, Inc., Tepnel Pharma Services, Pfizer, Inc., Novartis AG, Teva Pharmaceuticals, Merck & Co., Inc., Qiagen N.V., and Quest Diagnostics.
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