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Global Market Study on Precision Medicine: Drug Discovery Technology Segment Estimated to Witness 0.1% Decline in Market Share Between 2016 and 2024

Report Description

This Persistence Market Research (PMR) report examines the global precision medicine market for the period 2016–2024. The primary objective of the report is to offer updates and information related to market opportunities in the global precision medicine market.

The report offers an in-depth insight of the global precision medicine market. The report study covers most prominent factors that are impacting the organic growth of the market. The report also gauges the changing trends and talks about new developments that will change the face of the global precision medicine market. The report is a detailed study of the market strategy adopted the key shareholders of the market. The market insight discusses about some of the major inclusion of smart IT enabled technologies and prominent mergers that will expand the periphery of the market and will enhance the customer outreach of the product. The report gives a forecast of the global precision medicine market. The global precision medicine market is segmented as follows: Precision Medicine market by technology, Precision Medicine market by application and Precision Medicine market by region.

This report covers the global precision medicine market performance in terms of revenue contribution from various segments. This section also includes PMR analysis of key trends, drivers, restraints and opportunities, which are influencing the growth of the global precision medicine market. Impact analysis of key growth drivers and restraints are included in this report to better equip clients with crystal clear decision-making insights. The next few sections of the report analyse the global precision medicine market based on technology, application, and region and present a comprehensive forecast in terms of value for the next eight years.

Market Segmentation

  • By Technology
    • Next Generation Sequencing
    • Bioinformatics
    • Drug Discovery Technologies
  • By Application
    • Oncology
    • Immunology
    • Neurology
    • Cardiology
    • Infectious disease
    • Others
  • By Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • MEA

Report Methodology

We have taken into consideration the year-on-year growth to understand the predictability of the market and to identify the right growth opportunities in the global precision medicine market. Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective.

In order to provide an accurate forecast, we have started by sizing up the current market, which forms the basis of how the global precision medicine market is expected to develop in the future. Critical market data, including the base number and segment splits, has been devised through in-depth secondary research. This data is then triangulated on the basis of different verticals, considering both supply side and demand side drivers and other dynamics of the various regional markets, along with primary interviews of key stakeholders and industry experts operating in the global precision medicine market. We have also analyzed the different segments of the global precision medicine market in terms of basis point share (BPS) to understand the individual segments’ relative contribution to market growth. This detailed level of information is important for identifying the key trends governing the global precision medicine market.

In the final section of the report on precision medicine market, the global precision medicine market competitive landscape is included to provide report audiences with a dashboard view, to access the key differentiators among the competitor firms. This gives the client a comparative landscape of the various industry participants. Detailed company profiles include company-specific long-term and short-term strategies, key offerings and recent developments in the global precision medicine market.

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