Global Precision Medicine Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Precision Medicine Market 2023 by Company, Regions, Type and Application, Forecast to 2029

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Published Date: 18 Mar 2023

Category: Medical Care

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

According to the National Institutes of Health (NIH), precision medicine is "an emerging approach for disease treatment and prevention that takes into account individual variability in genes, environment, and lifestyle for each person." This approach will allow doctors and researchers to predict more accurately which treatment and prevention strategies for a particular disease will work in which groups of people. It is in contrast to a "one-size-fits-all" approach, in which disease treatment and prevention strategies are developed for the average person, with less consideration for the differences between individuals.

Although the term "precision medicine" is relatively new, the concept has been a part of healthcare for many years. For example, a person who needs a blood transfusion is not given blood from a randomly selected donor; instead, the donor’s blood type is matched to the recipient to reduce the risk of complications. Although examples can be found in several areas of medicine, the role of precision medicine in day-to-day healthcare is relatively limited. Researchers hope that this approach will expand to many areas of health in coming years.

According to our (Global Info Research) latest study, the global Precision Medicine market size was valued at USD 122490 million in 2022 and is forecast to a readjusted size of USD 226620 million by 2029 with a CAGR of 9.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The classification of precision medicine includes diagnostics and therapies, and the proportion of diagnostics is about 67%.

Precision Medicine is used for oncology, neurosciences, immunology, respiratory and other field. The most proportion of precision medicine is for oncology, and the market share is about 30%.

Market competition is intense. Johnson & Johnson, Roche, Labcorp, Abbott Laboratories and Novartis are the leaders of the industry, with about 56% market shares.

This report is a detailed and comprehensive analysis for global Precision Medicine market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Precision Medicine market size and forecasts, in consumption value ($ Million), 2018-2029
Global Precision Medicine market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Precision Medicine market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Precision Medicine market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Precision Medicine
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Precision Medicine market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Johnson & Johnson, Roche, Labcorp, Abbott Laboratories and Novartis, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation
Precision Medicine market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Diagnostics
Therapies

Market segment by Application
Oncology
Neurosciences
Immunology
Respiratory
Others

Market segment by players, this report covers
Johnson & Johnson
Roche
Labcorp
Abbott Laboratories
Novartis
Illumina
GE Healthcare
Intel Corporation
Biomrieux Sa
Cepheid
IBM
Qiagen
Thermo Fisher Scientific
Randox Laboratories
Almac Group
Healthcore

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Precision Medicine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Precision Medicine, with revenue, gross margin and global market share of Precision Medicine from 2018 to 2023.
Chapter 3, the Precision Medicine competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Precision Medicine market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Precision Medicine.
Chapter 13, to describe Precision Medicine research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Precision Medicine
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Precision Medicine by Type
1.3.1 Overview: Global Precision Medicine Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Precision Medicine Consumption Value Market Share by Type in 2022
1.3.3 Diagnostics
1.3.4 Therapies
1.4 Global Precision Medicine Market by Application
1.4.1 Overview: Global Precision Medicine Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Oncology
1.4.3 Neurosciences
1.4.4 Immunology
1.4.5 Respiratory
1.4.6 Others
1.5 Global Precision Medicine Market Size & Forecast
1.6 Global Precision Medicine Market Size and Forecast by Region
1.6.1 Global Precision Medicine Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Precision Medicine Market Size by Region, (2018-2029)
1.6.3 North America Precision Medicine Market Size and Prospect (2018-2029)
1.6.4 Europe Precision Medicine Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Precision Medicine Market Size and Prospect (2018-2029)
1.6.6 South America Precision Medicine Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Precision Medicine Market Size and Prospect (2018-2029)

2 Company Profiles
2.1 Johnson & Johnson
2.1.1 Johnson & Johnson Details
2.1.2 Johnson & Johnson Major Business
2.1.3 Johnson & Johnson Precision Medicine Product and Solutions
2.1.4 Johnson & Johnson Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Johnson & Johnson Recent Developments and Future Plans
2.2 Roche
2.2.1 Roche Details
2.2.2 Roche Major Business
2.2.3 Roche Precision Medicine Product and Solutions
2.2.4 Roche Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Roche Recent Developments and Future Plans
2.3 Labcorp
2.3.1 Labcorp Details
2.3.2 Labcorp Major Business
2.3.3 Labcorp Precision Medicine Product and Solutions
2.3.4 Labcorp Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Labcorp Recent Developments and Future Plans
2.4 Abbott Laboratories
2.4.1 Abbott Laboratories Details
2.4.2 Abbott Laboratories Major Business
2.4.3 Abbott Laboratories Precision Medicine Product and Solutions
2.4.4 Abbott Laboratories Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Abbott Laboratories Recent Developments and Future Plans
2.5 Novartis
2.5.1 Novartis Details
2.5.2 Novartis Major Business
2.5.3 Novartis Precision Medicine Product and Solutions
2.5.4 Novartis Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Novartis Recent Developments and Future Plans
2.6 Illumina
2.6.1 Illumina Details
2.6.2 Illumina Major Business
2.6.3 Illumina Precision Medicine Product and Solutions
2.6.4 Illumina Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Illumina Recent Developments and Future Plans
2.7 GE Healthcare
2.7.1 GE Healthcare Details
2.7.2 GE Healthcare Major Business
2.7.3 GE Healthcare Precision Medicine Product and Solutions
2.7.4 GE Healthcare Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 GE Healthcare Recent Developments and Future Plans
2.8 Intel Corporation
2.8.1 Intel Corporation Details
2.8.2 Intel Corporation Major Business
2.8.3 Intel Corporation Precision Medicine Product and Solutions
2.8.4 Intel Corporation Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Intel Corporation Recent Developments and Future Plans
2.9 Biomrieux Sa
2.9.1 Biomrieux Sa Details
2.9.2 Biomrieux Sa Major Business
2.9.3 Biomrieux Sa Precision Medicine Product and Solutions
2.9.4 Biomrieux Sa Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Biomrieux Sa Recent Developments and Future Plans
2.10 Cepheid
2.10.1 Cepheid Details
2.10.2 Cepheid Major Business
2.10.3 Cepheid Precision Medicine Product and Solutions
2.10.4 Cepheid Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Cepheid Recent Developments and Future Plans
2.11 IBM
2.11.1 IBM Details
2.11.2 IBM Major Business
2.11.3 IBM Precision Medicine Product and Solutions
2.11.4 IBM Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 IBM Recent Developments and Future Plans
2.12 Qiagen
2.12.1 Qiagen Details
2.12.2 Qiagen Major Business
2.12.3 Qiagen Precision Medicine Product and Solutions
2.12.4 Qiagen Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Qiagen Recent Developments and Future Plans
2.13 Thermo Fisher Scientific
2.13.1 Thermo Fisher Scientific Details
2.13.2 Thermo Fisher Scientific Major Business
2.13.3 Thermo Fisher Scientific Precision Medicine Product and Solutions
2.13.4 Thermo Fisher Scientific Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Thermo Fisher Scientific Recent Developments and Future Plans
2.14 Randox Laboratories
2.14.1 Randox Laboratories Details
2.14.2 Randox Laboratories Major Business
2.14.3 Randox Laboratories Precision Medicine Product and Solutions
2.14.4 Randox Laboratories Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Randox Laboratories Recent Developments and Future Plans
2.15 Almac Group
2.15.1 Almac Group Details
2.15.2 Almac Group Major Business
2.15.3 Almac Group Precision Medicine Product and Solutions
2.15.4 Almac Group Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Almac Group Recent Developments and Future Plans
2.16 Healthcore
2.16.1 Healthcore Details
2.16.2 Healthcore Major Business
2.16.3 Healthcore Precision Medicine Product and Solutions
2.16.4 Healthcore Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 Healthcore Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Precision Medicine Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Precision Medicine by Company Revenue
3.2.2 Top 3 Precision Medicine Players Market Share in 2022
3.2.3 Top 6 Precision Medicine Players Market Share in 2022
3.3 Precision Medicine Market: Overall Company Footprint Analysis
3.3.1 Precision Medicine Market: Region Footprint
3.3.2 Precision Medicine Market: Company Product Type Footprint
3.3.3 Precision Medicine Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Precision Medicine Consumption Value and Market Share by Type (2018-2023)
4.2 Global Precision Medicine Market Forecast by Type (2024-2029)

5 Market Size Segment by Application
5.1 Global Precision Medicine Consumption Value Market Share by Application (2018-2023)
5.2 Global Precision Medicine Market Forecast by Application (2024-2029)

6 North America
6.1 North America Precision Medicine Consumption Value by Type (2018-2029)
6.2 North America Precision Medicine Consumption Value by Application (2018-2029)
6.3 North America Precision Medicine Market Size by Country
6.3.1 North America Precision Medicine Consumption Value by Country (2018-2029)
6.3.2 United States Precision Medicine Market Size and Forecast (2018-2029)
6.3.3 Canada Precision Medicine Market Size and Forecast (2018-2029)
6.3.4 Mexico Precision Medicine Market Size and Forecast (2018-2029)

7 Europe
7.1 Europe Precision Medicine Consumption Value by Type (2018-2029)
7.2 Europe Precision Medicine Consumption Value by Application (2018-2029)
7.3 Europe Precision Medicine Market Size by Country
7.3.1 Europe Precision Medicine Consumption Value by Country (2018-2029)
7.3.2 Germany Precision Medicine Market Size and Forecast (2018-2029)
7.3.3 France Precision Medicine Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Precision Medicine Market Size and Forecast (2018-2029)
7.3.5 Russia Precision Medicine Market Size and Forecast (2018-2029)
7.3.6 Italy Precision Medicine Market Size and Forecast (2018-2029)

8 Asia-Pacific
8.1 Asia-Pacific Precision Medicine Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Precision Medicine Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Precision Medicine Market Size by Region
8.3.1 Asia-Pacific Precision Medicine Consumption Value by Region (2018-2029)
8.3.2 China Precision Medicine Market Size and Forecast (2018-2029)
8.3.3 Japan Precision Medicine Market Size and Forecast (2018-2029)
8.3.4 South Korea Precision Medicine Market Size and Forecast (2018-2029)
8.3.5 India Precision Medicine Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Precision Medicine Market Size and Forecast (2018-2029)
8.3.7 Australia Precision Medicine Market Size and Forecast (2018-2029)

9 South America
9.1 South America Precision Medicine Consumption Value by Type (2018-2029)
9.2 South America Precision Medicine Consumption Value by Application (2018-2029)
9.3 South America Precision Medicine Market Size by Country
9.3.1 South America Precision Medicine Consumption Value by Country (2018-2029)
9.3.2 Brazil Precision Medicine Market Size and Forecast (2018-2029)
9.3.3 Argentina Precision Medicine Market Size and Forecast (2018-2029)

10 Middle East & Africa
10.1 Middle East & Africa Precision Medicine Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Precision Medicine Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Precision Medicine Market Size by Country
10.3.1 Middle East & Africa Precision Medicine Consumption Value by Country (2018-2029)
10.3.2 Turkey Precision Medicine Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Precision Medicine Market Size and Forecast (2018-2029)
10.3.4 UAE Precision Medicine Market Size and Forecast (2018-2029)

11 Market Dynamics
11.1 Precision Medicine Market Drivers
11.2 Precision Medicine Market Restraints
11.3 Precision Medicine Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War

12 Industry Chain Analysis
12.1 Precision Medicine Industry Chain
12.2 Precision Medicine Upstream Analysis
12.3 Precision Medicine Midstream Analysis
12.4 Precision Medicine Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Precision Medicine Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global Precision Medicine Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Global Precision Medicine Consumption Value by Region (2018-2023) & (USD Million)
Table 4. Global Precision Medicine Consumption Value by Region (2024-2029) & (USD Million)
Table 5. Johnson & Johnson Company Information, Head Office, and Major Competitors
Table 6. Johnson & Johnson Major Business
Table 7. Johnson & Johnson Precision Medicine Product and Solutions
Table 8. Johnson & Johnson Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 9. Johnson & Johnson Recent Developments and Future Plans
Table 10. Roche Company Information, Head Office, and Major Competitors
Table 11. Roche Major Business
Table 12. Roche Precision Medicine Product and Solutions
Table 13. Roche Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 14. Roche Recent Developments and Future Plans
Table 15. Labcorp Company Information, Head Office, and Major Competitors
Table 16. Labcorp Major Business
Table 17. Labcorp Precision Medicine Product and Solutions
Table 18. Labcorp Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 19. Labcorp Recent Developments and Future Plans
Table 20. Abbott Laboratories Company Information, Head Office, and Major Competitors
Table 21. Abbott Laboratories Major Business
Table 22. Abbott Laboratories Precision Medicine Product and Solutions
Table 23. Abbott Laboratories Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 24. Abbott Laboratories Recent Developments and Future Plans
Table 25. Novartis Company Information, Head Office, and Major Competitors
Table 26. Novartis Major Business
Table 27. Novartis Precision Medicine Product and Solutions
Table 28. Novartis Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 29. Novartis Recent Developments and Future Plans
Table 30. Illumina Company Information, Head Office, and Major Competitors
Table 31. Illumina Major Business
Table 32. Illumina Precision Medicine Product and Solutions
Table 33. Illumina Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 34. Illumina Recent Developments and Future Plans
Table 35. GE Healthcare Company Information, Head Office, and Major Competitors
Table 36. GE Healthcare Major Business
Table 37. GE Healthcare Precision Medicine Product and Solutions
Table 38. GE Healthcare Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 39. GE Healthcare Recent Developments and Future Plans
Table 40. Intel Corporation Company Information, Head Office, and Major Competitors
Table 41. Intel Corporation Major Business
Table 42. Intel Corporation Precision Medicine Product and Solutions
Table 43. Intel Corporation Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 44. Intel Corporation Recent Developments and Future Plans
Table 45. Biomrieux Sa Company Information, Head Office, and Major Competitors
Table 46. Biomrieux Sa Major Business
Table 47. Biomrieux Sa Precision Medicine Product and Solutions
Table 48. Biomrieux Sa Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 49. Biomrieux Sa Recent Developments and Future Plans
Table 50. Cepheid Company Information, Head Office, and Major Competitors
Table 51. Cepheid Major Business
Table 52. Cepheid Precision Medicine Product and Solutions
Table 53. Cepheid Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 54. Cepheid Recent Developments and Future Plans
Table 55. IBM Company Information, Head Office, and Major Competitors
Table 56. IBM Major Business
Table 57. IBM Precision Medicine Product and Solutions
Table 58. IBM Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 59. IBM Recent Developments and Future Plans
Table 60. Qiagen Company Information, Head Office, and Major Competitors
Table 61. Qiagen Major Business
Table 62. Qiagen Precision Medicine Product and Solutions
Table 63. Qiagen Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 64. Qiagen Recent Developments and Future Plans
Table 65. Thermo Fisher Scientific Company Information, Head Office, and Major Competitors
Table 66. Thermo Fisher Scientific Major Business
Table 67. Thermo Fisher Scientific Precision Medicine Product and Solutions
Table 68. Thermo Fisher Scientific Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 69. Thermo Fisher Scientific Recent Developments and Future Plans
Table 70. Randox Laboratories Company Information, Head Office, and Major Competitors
Table 71. Randox Laboratories Major Business
Table 72. Randox Laboratories Precision Medicine Product and Solutions
Table 73. Randox Laboratories Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 74. Randox Laboratories Recent Developments and Future Plans
Table 75. Almac Group Company Information, Head Office, and Major Competitors
Table 76. Almac Group Major Business
Table 77. Almac Group Precision Medicine Product and Solutions
Table 78. Almac Group Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 79. Almac Group Recent Developments and Future Plans
Table 80. Healthcore Company Information, Head Office, and Major Competitors
Table 81. Healthcore Major Business
Table 82. Healthcore Precision Medicine Product and Solutions
Table 83. Healthcore Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 84. Healthcore Recent Developments and Future Plans
Table 85. Global Precision Medicine Revenue (USD Million) by Players (2018-2023)
Table 86. Global Precision Medicine Revenue Share by Players (2018-2023)
Table 87. Breakdown of Precision Medicine by Company Type (Tier 1, Tier 2, and Tier 3)
Table 88. Market Position of Players in Precision Medicine, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2022
Table 89. Head Office of Key Precision Medicine Players
Table 90. Precision Medicine Market: Company Product Type Footprint
Table 91. Precision Medicine Market: Company Product Application Footprint
Table 92. Precision Medicine New Market Entrants and Barriers to Market Entry
Table 93. Precision Medicine Mergers, Acquisition, Agreements, and Collaborations
Table 94. Global Precision Medicine Consumption Value (USD Million) by Type (2018-2023)
Table 95. Global Precision Medicine Consumption Value Share by Type (2018-2023)
Table 96. Global Precision Medicine Consumption Value Forecast by Type (2024-2029)
Table 97. Global Precision Medicine Consumption Value by Application (2018-2023)
Table 98. Global Precision Medicine Consumption Value Forecast by Application (2024-2029)
Table 99. North America Precision Medicine Consumption Value by Type (2018-2023) & (USD Million)
Table 100. North America Precision Medicine Consumption Value by Type (2024-2029) & (USD Million)
Table 101. North America Precision Medicine Consumption Value by Application (2018-2023) & (USD Million)
Table 102. North America Precision Medicine Consumption Value by Application (2024-2029) & (USD Million)
Table 103. North America Precision Medicine Consumption Value by Country (2018-2023) & (USD Million)
Table 104. North America Precision Medicine Consumption Value by Country (2024-2029) & (USD Million)
Table 105. Europe Precision Medicine Consumption Value by Type (2018-2023) & (USD Million)
Table 106. Europe Precision Medicine Consumption Value by Type (2024-2029) & (USD Million)
Table 107. Europe Precision Medicine Consumption Value by Application (2018-2023) & (USD Million)
Table 108. Europe Precision Medicine Consumption Value by Application (2024-2029) & (USD Million)
Table 109. Europe Precision Medicine Consumption Value by Country (2018-2023) & (USD Million)
Table 110. Europe Precision Medicine Consumption Value by Country (2024-2029) & (USD Million)
Table 111. Asia-Pacific Precision Medicine Consumption Value by Type (2018-2023) & (USD Million)
Table 112. Asia-Pacific Precision Medicine Consumption Value by Type (2024-2029) & (USD Million)
Table 113. Asia-Pacific Precision Medicine Consumption Value by Application (2018-2023) & (USD Million)
Table 114. Asia-Pacific Precision Medicine Consumption Value by Application (2024-2029) & (USD Million)
Table 115. Asia-Pacific Precision Medicine Consumption Value by Region (2018-2023) & (USD Million)
Table 116. Asia-Pacific Precision Medicine Consumption Value by Region (2024-2029) & (USD Million)
Table 117. South America Precision Medicine Consumption Value by Type (2018-2023) & (USD Million)
Table 118. South America Precision Medicine Consumption Value by Type (2024-2029) & (USD Million)
Table 119. South America Precision Medicine Consumption Value by Application (2018-2023) & (USD Million)
Table 120. South America Precision Medicine Consumption Value by Application (2024-2029) & (USD Million)
Table 121. South America Precision Medicine Consumption Value by Country (2018-2023) & (USD Million)
Table 122. South America Precision Medicine Consumption Value by Country (2024-2029) & (USD Million)
Table 123. Middle East & Africa Precision Medicine Consumption Value by Type (2018-2023) & (USD Million)
Table 124. Middle East & Africa Precision Medicine Consumption Value by Type (2024-2029) & (USD Million)
Table 125. Middle East & Africa Precision Medicine Consumption Value by Application (2018-2023) & (USD Million)
Table 126. Middle East & Africa Precision Medicine Consumption Value by Application (2024-2029) & (USD Million)
Table 127. Middle East & Africa Precision Medicine Consumption Value by Country (2018-2023) & (USD Million)
Table 128. Middle East & Africa Precision Medicine Consumption Value by Country (2024-2029) & (USD Million)
Table 129. Precision Medicine Raw Material
Table 130. Key Suppliers of Precision Medicine Raw Materials
List of Figures
Figure 1. Precision Medicine Picture
Figure 2. Global Precision Medicine Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global Precision Medicine Consumption Value Market Share by Type in 2022
Figure 4. Diagnostics
Figure 5. Therapies
Figure 6. Global Precision Medicine Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 7. Precision Medicine Consumption Value Market Share by Application in 2022
Figure 8. Oncology Picture
Figure 9. Neurosciences Picture
Figure 10. Immunology Picture
Figure 11. Respiratory Picture
Figure 12. Others Picture
Figure 13. Global Precision Medicine Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 14. Global Precision Medicine Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 15. Global Market Precision Medicine Consumption Value (USD Million) Comparison by Region (2018 & 2022 & 2029)
Figure 16. Global Precision Medicine Consumption Value Market Share by Region (2018-2029)
Figure 17. Global Precision Medicine Consumption Value Market Share by Region in 2022
Figure 18. North America Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 19. Europe Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 20. Asia-Pacific Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 21. South America Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 22. Middle East and Africa Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 23. Global Precision Medicine Revenue Share by Players in 2022
Figure 24. Precision Medicine Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2022
Figure 25. Global Top 3 Players Precision Medicine Market Share in 2022
Figure 26. Global Top 6 Players Precision Medicine Market Share in 2022
Figure 27. Global Precision Medicine Consumption Value Share by Type (2018-2023)
Figure 28. Global Precision Medicine Market Share Forecast by Type (2024-2029)
Figure 29. Global Precision Medicine Consumption Value Share by Application (2018-2023)
Figure 30. Global Precision Medicine Market Share Forecast by Application (2024-2029)
Figure 31. North America Precision Medicine Consumption Value Market Share by Type (2018-2029)
Figure 32. North America Precision Medicine Consumption Value Market Share by Application (2018-2029)
Figure 33. North America Precision Medicine Consumption Value Market Share by Country (2018-2029)
Figure 34. United States Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 35. Canada Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 36. Mexico Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 37. Europe Precision Medicine Consumption Value Market Share by Type (2018-2029)
Figure 38. Europe Precision Medicine Consumption Value Market Share by Application (2018-2029)
Figure 39. Europe Precision Medicine Consumption Value Market Share by Country (2018-2029)
Figure 40. Germany Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 41. France Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 42. United Kingdom Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 43. Russia Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 44. Italy Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 45. Asia-Pacific Precision Medicine Consumption Value Market Share by Type (2018-2029)
Figure 46. Asia-Pacific Precision Medicine Consumption Value Market Share by Application (2018-2029)
Figure 47. Asia-Pacific Precision Medicine Consumption Value Market Share by Region (2018-2029)
Figure 48. China Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 49. Japan Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 50. South Korea Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 51. India Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 52. Southeast Asia Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 53. Australia Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 54. South America Precision Medicine Consumption Value Market Share by Type (2018-2029)
Figure 55. South America Precision Medicine Consumption Value Market Share by Application (2018-2029)
Figure 56. South America Precision Medicine Consumption Value Market Share by Country (2018-2029)
Figure 57. Brazil Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 58. Argentina Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 59. Middle East and Africa Precision Medicine Consumption Value Market Share by Type (2018-2029)
Figure 60. Middle East and Africa Precision Medicine Consumption Value Market Share by Application (2018-2029)
Figure 61. Middle East and Africa Precision Medicine Consumption Value Market Share by Country (2018-2029)
Figure 62. Turkey Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 63. Saudi Arabia Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 64. UAE Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 65. Precision Medicine Market Drivers
Figure 66. Precision Medicine Market Restraints
Figure 67. Precision Medicine Market Trends
Figure 68. Porters Five Forces Analysis
Figure 69. Manufacturing Cost Structure Analysis of Precision Medicine in 2022
Figure 70. Manufacturing Process Analysis of Precision Medicine
Figure 71. Precision Medicine Industrial Chain
Figure 72. Methodology
Figure 73. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

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Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Global Precision Medicine Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Precision Medicine Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Page: 112

Published Date: 18 Mar 2023

Category: Medical Care

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Description

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Description

According to the National Institutes of Health (NIH), precision medicine is "an emerging approach for disease treatment and prevention that takes into account individual variability in genes, environment, and lifestyle for each person." This approach will allow doctors and researchers to predict more accurately which treatment and prevention strategies for a particular disease will work in which groups of people. It is in contrast to a "one-size-fits-all" approach, in which disease treatment and prevention strategies are developed for the average person, with less consideration for the differences between individuals.

Although the term "precision medicine" is relatively new, the concept has been a part of healthcare for many years. For example, a person who needs a blood transfusion is not given blood from a randomly selected donor; instead, the donor’s blood type is matched to the recipient to reduce the risk of complications. Although examples can be found in several areas of medicine, the role of precision medicine in day-to-day healthcare is relatively limited. Researchers hope that this approach will expand to many areas of health in coming years.

According to our (Global Info Research) latest study, the global Precision Medicine market size was valued at USD 122490 million in 2022 and is forecast to a readjusted size of USD 226620 million by 2029 with a CAGR of 9.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The classification of precision medicine includes diagnostics and therapies, and the proportion of diagnostics is about 67%.

Precision Medicine is used for oncology, neurosciences, immunology, respiratory and other field. The most proportion of precision medicine is for oncology, and the market share is about 30%.

Market competition is intense. Johnson & Johnson, Roche, Labcorp, Abbott Laboratories and Novartis are the leaders of the industry, with about 56% market shares.

This report is a detailed and comprehensive analysis for global Precision Medicine market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Precision Medicine market size and forecasts, in consumption value ($ Million), 2018-2029
Global Precision Medicine market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Precision Medicine market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Precision Medicine market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Precision Medicine
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Precision Medicine market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Johnson & Johnson, Roche, Labcorp, Abbott Laboratories and Novartis, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation
Precision Medicine market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Diagnostics
Therapies

Market segment by Application
Oncology
Neurosciences
Immunology
Respiratory
Others

Market segment by players, this report covers
Johnson & Johnson
Roche
Labcorp
Abbott Laboratories
Novartis
Illumina
GE Healthcare
Intel Corporation
Biomrieux Sa
Cepheid
IBM
Qiagen
Thermo Fisher Scientific
Randox Laboratories
Almac Group
Healthcore

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Precision Medicine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Precision Medicine, with revenue, gross margin and global market share of Precision Medicine from 2018 to 2023.
Chapter 3, the Precision Medicine competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Precision Medicine market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Precision Medicine.
Chapter 13, to describe Precision Medicine research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Precision Medicine
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Precision Medicine by Type
1.3.1 Overview: Global Precision Medicine Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Precision Medicine Consumption Value Market Share by Type in 2022
1.3.3 Diagnostics
1.3.4 Therapies
1.4 Global Precision Medicine Market by Application
1.4.1 Overview: Global Precision Medicine Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Oncology
1.4.3 Neurosciences
1.4.4 Immunology
1.4.5 Respiratory
1.4.6 Others
1.5 Global Precision Medicine Market Size & Forecast
1.6 Global Precision Medicine Market Size and Forecast by Region
1.6.1 Global Precision Medicine Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Precision Medicine Market Size by Region, (2018-2029)
1.6.3 North America Precision Medicine Market Size and Prospect (2018-2029)
1.6.4 Europe Precision Medicine Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Precision Medicine Market Size and Prospect (2018-2029)
1.6.6 South America Precision Medicine Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Precision Medicine Market Size and Prospect (2018-2029)

2 Company Profiles
2.1 Johnson & Johnson
2.1.1 Johnson & Johnson Details
2.1.2 Johnson & Johnson Major Business
2.1.3 Johnson & Johnson Precision Medicine Product and Solutions
2.1.4 Johnson & Johnson Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Johnson & Johnson Recent Developments and Future Plans
2.2 Roche
2.2.1 Roche Details
2.2.2 Roche Major Business
2.2.3 Roche Precision Medicine Product and Solutions
2.2.4 Roche Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Roche Recent Developments and Future Plans
2.3 Labcorp
2.3.1 Labcorp Details
2.3.2 Labcorp Major Business
2.3.3 Labcorp Precision Medicine Product and Solutions
2.3.4 Labcorp Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Labcorp Recent Developments and Future Plans
2.4 Abbott Laboratories
2.4.1 Abbott Laboratories Details
2.4.2 Abbott Laboratories Major Business
2.4.3 Abbott Laboratories Precision Medicine Product and Solutions
2.4.4 Abbott Laboratories Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Abbott Laboratories Recent Developments and Future Plans
2.5 Novartis
2.5.1 Novartis Details
2.5.2 Novartis Major Business
2.5.3 Novartis Precision Medicine Product and Solutions
2.5.4 Novartis Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Novartis Recent Developments and Future Plans
2.6 Illumina
2.6.1 Illumina Details
2.6.2 Illumina Major Business
2.6.3 Illumina Precision Medicine Product and Solutions
2.6.4 Illumina Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Illumina Recent Developments and Future Plans
2.7 GE Healthcare
2.7.1 GE Healthcare Details
2.7.2 GE Healthcare Major Business
2.7.3 GE Healthcare Precision Medicine Product and Solutions
2.7.4 GE Healthcare Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 GE Healthcare Recent Developments and Future Plans
2.8 Intel Corporation
2.8.1 Intel Corporation Details
2.8.2 Intel Corporation Major Business
2.8.3 Intel Corporation Precision Medicine Product and Solutions
2.8.4 Intel Corporation Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Intel Corporation Recent Developments and Future Plans
2.9 Biomrieux Sa
2.9.1 Biomrieux Sa Details
2.9.2 Biomrieux Sa Major Business
2.9.3 Biomrieux Sa Precision Medicine Product and Solutions
2.9.4 Biomrieux Sa Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Biomrieux Sa Recent Developments and Future Plans
2.10 Cepheid
2.10.1 Cepheid Details
2.10.2 Cepheid Major Business
2.10.3 Cepheid Precision Medicine Product and Solutions
2.10.4 Cepheid Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Cepheid Recent Developments and Future Plans
2.11 IBM
2.11.1 IBM Details
2.11.2 IBM Major Business
2.11.3 IBM Precision Medicine Product and Solutions
2.11.4 IBM Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 IBM Recent Developments and Future Plans
2.12 Qiagen
2.12.1 Qiagen Details
2.12.2 Qiagen Major Business
2.12.3 Qiagen Precision Medicine Product and Solutions
2.12.4 Qiagen Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Qiagen Recent Developments and Future Plans
2.13 Thermo Fisher Scientific
2.13.1 Thermo Fisher Scientific Details
2.13.2 Thermo Fisher Scientific Major Business
2.13.3 Thermo Fisher Scientific Precision Medicine Product and Solutions
2.13.4 Thermo Fisher Scientific Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Thermo Fisher Scientific Recent Developments and Future Plans
2.14 Randox Laboratories
2.14.1 Randox Laboratories Details
2.14.2 Randox Laboratories Major Business
2.14.3 Randox Laboratories Precision Medicine Product and Solutions
2.14.4 Randox Laboratories Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Randox Laboratories Recent Developments and Future Plans
2.15 Almac Group
2.15.1 Almac Group Details
2.15.2 Almac Group Major Business
2.15.3 Almac Group Precision Medicine Product and Solutions
2.15.4 Almac Group Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Almac Group Recent Developments and Future Plans
2.16 Healthcore
2.16.1 Healthcore Details
2.16.2 Healthcore Major Business
2.16.3 Healthcore Precision Medicine Product and Solutions
2.16.4 Healthcore Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 Healthcore Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Precision Medicine Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Precision Medicine by Company Revenue
3.2.2 Top 3 Precision Medicine Players Market Share in 2022
3.2.3 Top 6 Precision Medicine Players Market Share in 2022
3.3 Precision Medicine Market: Overall Company Footprint Analysis
3.3.1 Precision Medicine Market: Region Footprint
3.3.2 Precision Medicine Market: Company Product Type Footprint
3.3.3 Precision Medicine Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Precision Medicine Consumption Value and Market Share by Type (2018-2023)
4.2 Global Precision Medicine Market Forecast by Type (2024-2029)

5 Market Size Segment by Application
5.1 Global Precision Medicine Consumption Value Market Share by Application (2018-2023)
5.2 Global Precision Medicine Market Forecast by Application (2024-2029)

6 North America
6.1 North America Precision Medicine Consumption Value by Type (2018-2029)
6.2 North America Precision Medicine Consumption Value by Application (2018-2029)
6.3 North America Precision Medicine Market Size by Country
6.3.1 North America Precision Medicine Consumption Value by Country (2018-2029)
6.3.2 United States Precision Medicine Market Size and Forecast (2018-2029)
6.3.3 Canada Precision Medicine Market Size and Forecast (2018-2029)
6.3.4 Mexico Precision Medicine Market Size and Forecast (2018-2029)

7 Europe
7.1 Europe Precision Medicine Consumption Value by Type (2018-2029)
7.2 Europe Precision Medicine Consumption Value by Application (2018-2029)
7.3 Europe Precision Medicine Market Size by Country
7.3.1 Europe Precision Medicine Consumption Value by Country (2018-2029)
7.3.2 Germany Precision Medicine Market Size and Forecast (2018-2029)
7.3.3 France Precision Medicine Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Precision Medicine Market Size and Forecast (2018-2029)
7.3.5 Russia Precision Medicine Market Size and Forecast (2018-2029)
7.3.6 Italy Precision Medicine Market Size and Forecast (2018-2029)

8 Asia-Pacific
8.1 Asia-Pacific Precision Medicine Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Precision Medicine Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Precision Medicine Market Size by Region
8.3.1 Asia-Pacific Precision Medicine Consumption Value by Region (2018-2029)
8.3.2 China Precision Medicine Market Size and Forecast (2018-2029)
8.3.3 Japan Precision Medicine Market Size and Forecast (2018-2029)
8.3.4 South Korea Precision Medicine Market Size and Forecast (2018-2029)
8.3.5 India Precision Medicine Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Precision Medicine Market Size and Forecast (2018-2029)
8.3.7 Australia Precision Medicine Market Size and Forecast (2018-2029)

9 South America
9.1 South America Precision Medicine Consumption Value by Type (2018-2029)
9.2 South America Precision Medicine Consumption Value by Application (2018-2029)
9.3 South America Precision Medicine Market Size by Country
9.3.1 South America Precision Medicine Consumption Value by Country (2018-2029)
9.3.2 Brazil Precision Medicine Market Size and Forecast (2018-2029)
9.3.3 Argentina Precision Medicine Market Size and Forecast (2018-2029)

10 Middle East & Africa
10.1 Middle East & Africa Precision Medicine Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Precision Medicine Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Precision Medicine Market Size by Country
10.3.1 Middle East & Africa Precision Medicine Consumption Value by Country (2018-2029)
10.3.2 Turkey Precision Medicine Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Precision Medicine Market Size and Forecast (2018-2029)
10.3.4 UAE Precision Medicine Market Size and Forecast (2018-2029)

11 Market Dynamics
11.1 Precision Medicine Market Drivers
11.2 Precision Medicine Market Restraints
11.3 Precision Medicine Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War

12 Industry Chain Analysis
12.1 Precision Medicine Industry Chain
12.2 Precision Medicine Upstream Analysis
12.3 Precision Medicine Midstream Analysis
12.4 Precision Medicine Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Precision Medicine Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global Precision Medicine Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Global Precision Medicine Consumption Value by Region (2018-2023) & (USD Million)
Table 4. Global Precision Medicine Consumption Value by Region (2024-2029) & (USD Million)
Table 5. Johnson & Johnson Company Information, Head Office, and Major Competitors
Table 6. Johnson & Johnson Major Business
Table 7. Johnson & Johnson Precision Medicine Product and Solutions
Table 8. Johnson & Johnson Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 9. Johnson & Johnson Recent Developments and Future Plans
Table 10. Roche Company Information, Head Office, and Major Competitors
Table 11. Roche Major Business
Table 12. Roche Precision Medicine Product and Solutions
Table 13. Roche Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 14. Roche Recent Developments and Future Plans
Table 15. Labcorp Company Information, Head Office, and Major Competitors
Table 16. Labcorp Major Business
Table 17. Labcorp Precision Medicine Product and Solutions
Table 18. Labcorp Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 19. Labcorp Recent Developments and Future Plans
Table 20. Abbott Laboratories Company Information, Head Office, and Major Competitors
Table 21. Abbott Laboratories Major Business
Table 22. Abbott Laboratories Precision Medicine Product and Solutions
Table 23. Abbott Laboratories Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 24. Abbott Laboratories Recent Developments and Future Plans
Table 25. Novartis Company Information, Head Office, and Major Competitors
Table 26. Novartis Major Business
Table 27. Novartis Precision Medicine Product and Solutions
Table 28. Novartis Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 29. Novartis Recent Developments and Future Plans
Table 30. Illumina Company Information, Head Office, and Major Competitors
Table 31. Illumina Major Business
Table 32. Illumina Precision Medicine Product and Solutions
Table 33. Illumina Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 34. Illumina Recent Developments and Future Plans
Table 35. GE Healthcare Company Information, Head Office, and Major Competitors
Table 36. GE Healthcare Major Business
Table 37. GE Healthcare Precision Medicine Product and Solutions
Table 38. GE Healthcare Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 39. GE Healthcare Recent Developments and Future Plans
Table 40. Intel Corporation Company Information, Head Office, and Major Competitors
Table 41. Intel Corporation Major Business
Table 42. Intel Corporation Precision Medicine Product and Solutions
Table 43. Intel Corporation Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 44. Intel Corporation Recent Developments and Future Plans
Table 45. Biomrieux Sa Company Information, Head Office, and Major Competitors
Table 46. Biomrieux Sa Major Business
Table 47. Biomrieux Sa Precision Medicine Product and Solutions
Table 48. Biomrieux Sa Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 49. Biomrieux Sa Recent Developments and Future Plans
Table 50. Cepheid Company Information, Head Office, and Major Competitors
Table 51. Cepheid Major Business
Table 52. Cepheid Precision Medicine Product and Solutions
Table 53. Cepheid Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 54. Cepheid Recent Developments and Future Plans
Table 55. IBM Company Information, Head Office, and Major Competitors
Table 56. IBM Major Business
Table 57. IBM Precision Medicine Product and Solutions
Table 58. IBM Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 59. IBM Recent Developments and Future Plans
Table 60. Qiagen Company Information, Head Office, and Major Competitors
Table 61. Qiagen Major Business
Table 62. Qiagen Precision Medicine Product and Solutions
Table 63. Qiagen Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 64. Qiagen Recent Developments and Future Plans
Table 65. Thermo Fisher Scientific Company Information, Head Office, and Major Competitors
Table 66. Thermo Fisher Scientific Major Business
Table 67. Thermo Fisher Scientific Precision Medicine Product and Solutions
Table 68. Thermo Fisher Scientific Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 69. Thermo Fisher Scientific Recent Developments and Future Plans
Table 70. Randox Laboratories Company Information, Head Office, and Major Competitors
Table 71. Randox Laboratories Major Business
Table 72. Randox Laboratories Precision Medicine Product and Solutions
Table 73. Randox Laboratories Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 74. Randox Laboratories Recent Developments and Future Plans
Table 75. Almac Group Company Information, Head Office, and Major Competitors
Table 76. Almac Group Major Business
Table 77. Almac Group Precision Medicine Product and Solutions
Table 78. Almac Group Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 79. Almac Group Recent Developments and Future Plans
Table 80. Healthcore Company Information, Head Office, and Major Competitors
Table 81. Healthcore Major Business
Table 82. Healthcore Precision Medicine Product and Solutions
Table 83. Healthcore Precision Medicine Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 84. Healthcore Recent Developments and Future Plans
Table 85. Global Precision Medicine Revenue (USD Million) by Players (2018-2023)
Table 86. Global Precision Medicine Revenue Share by Players (2018-2023)
Table 87. Breakdown of Precision Medicine by Company Type (Tier 1, Tier 2, and Tier 3)
Table 88. Market Position of Players in Precision Medicine, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2022
Table 89. Head Office of Key Precision Medicine Players
Table 90. Precision Medicine Market: Company Product Type Footprint
Table 91. Precision Medicine Market: Company Product Application Footprint
Table 92. Precision Medicine New Market Entrants and Barriers to Market Entry
Table 93. Precision Medicine Mergers, Acquisition, Agreements, and Collaborations
Table 94. Global Precision Medicine Consumption Value (USD Million) by Type (2018-2023)
Table 95. Global Precision Medicine Consumption Value Share by Type (2018-2023)
Table 96. Global Precision Medicine Consumption Value Forecast by Type (2024-2029)
Table 97. Global Precision Medicine Consumption Value by Application (2018-2023)
Table 98. Global Precision Medicine Consumption Value Forecast by Application (2024-2029)
Table 99. North America Precision Medicine Consumption Value by Type (2018-2023) & (USD Million)
Table 100. North America Precision Medicine Consumption Value by Type (2024-2029) & (USD Million)
Table 101. North America Precision Medicine Consumption Value by Application (2018-2023) & (USD Million)
Table 102. North America Precision Medicine Consumption Value by Application (2024-2029) & (USD Million)
Table 103. North America Precision Medicine Consumption Value by Country (2018-2023) & (USD Million)
Table 104. North America Precision Medicine Consumption Value by Country (2024-2029) & (USD Million)
Table 105. Europe Precision Medicine Consumption Value by Type (2018-2023) & (USD Million)
Table 106. Europe Precision Medicine Consumption Value by Type (2024-2029) & (USD Million)
Table 107. Europe Precision Medicine Consumption Value by Application (2018-2023) & (USD Million)
Table 108. Europe Precision Medicine Consumption Value by Application (2024-2029) & (USD Million)
Table 109. Europe Precision Medicine Consumption Value by Country (2018-2023) & (USD Million)
Table 110. Europe Precision Medicine Consumption Value by Country (2024-2029) & (USD Million)
Table 111. Asia-Pacific Precision Medicine Consumption Value by Type (2018-2023) & (USD Million)
Table 112. Asia-Pacific Precision Medicine Consumption Value by Type (2024-2029) & (USD Million)
Table 113. Asia-Pacific Precision Medicine Consumption Value by Application (2018-2023) & (USD Million)
Table 114. Asia-Pacific Precision Medicine Consumption Value by Application (2024-2029) & (USD Million)
Table 115. Asia-Pacific Precision Medicine Consumption Value by Region (2018-2023) & (USD Million)
Table 116. Asia-Pacific Precision Medicine Consumption Value by Region (2024-2029) & (USD Million)
Table 117. South America Precision Medicine Consumption Value by Type (2018-2023) & (USD Million)
Table 118. South America Precision Medicine Consumption Value by Type (2024-2029) & (USD Million)
Table 119. South America Precision Medicine Consumption Value by Application (2018-2023) & (USD Million)
Table 120. South America Precision Medicine Consumption Value by Application (2024-2029) & (USD Million)
Table 121. South America Precision Medicine Consumption Value by Country (2018-2023) & (USD Million)
Table 122. South America Precision Medicine Consumption Value by Country (2024-2029) & (USD Million)
Table 123. Middle East & Africa Precision Medicine Consumption Value by Type (2018-2023) & (USD Million)
Table 124. Middle East & Africa Precision Medicine Consumption Value by Type (2024-2029) & (USD Million)
Table 125. Middle East & Africa Precision Medicine Consumption Value by Application (2018-2023) & (USD Million)
Table 126. Middle East & Africa Precision Medicine Consumption Value by Application (2024-2029) & (USD Million)
Table 127. Middle East & Africa Precision Medicine Consumption Value by Country (2018-2023) & (USD Million)
Table 128. Middle East & Africa Precision Medicine Consumption Value by Country (2024-2029) & (USD Million)
Table 129. Precision Medicine Raw Material
Table 130. Key Suppliers of Precision Medicine Raw Materials
List of Figures
Figure 1. Precision Medicine Picture
Figure 2. Global Precision Medicine Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global Precision Medicine Consumption Value Market Share by Type in 2022
Figure 4. Diagnostics
Figure 5. Therapies
Figure 6. Global Precision Medicine Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 7. Precision Medicine Consumption Value Market Share by Application in 2022
Figure 8. Oncology Picture
Figure 9. Neurosciences Picture
Figure 10. Immunology Picture
Figure 11. Respiratory Picture
Figure 12. Others Picture
Figure 13. Global Precision Medicine Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 14. Global Precision Medicine Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 15. Global Market Precision Medicine Consumption Value (USD Million) Comparison by Region (2018 & 2022 & 2029)
Figure 16. Global Precision Medicine Consumption Value Market Share by Region (2018-2029)
Figure 17. Global Precision Medicine Consumption Value Market Share by Region in 2022
Figure 18. North America Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 19. Europe Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 20. Asia-Pacific Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 21. South America Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 22. Middle East and Africa Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 23. Global Precision Medicine Revenue Share by Players in 2022
Figure 24. Precision Medicine Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2022
Figure 25. Global Top 3 Players Precision Medicine Market Share in 2022
Figure 26. Global Top 6 Players Precision Medicine Market Share in 2022
Figure 27. Global Precision Medicine Consumption Value Share by Type (2018-2023)
Figure 28. Global Precision Medicine Market Share Forecast by Type (2024-2029)
Figure 29. Global Precision Medicine Consumption Value Share by Application (2018-2023)
Figure 30. Global Precision Medicine Market Share Forecast by Application (2024-2029)
Figure 31. North America Precision Medicine Consumption Value Market Share by Type (2018-2029)
Figure 32. North America Precision Medicine Consumption Value Market Share by Application (2018-2029)
Figure 33. North America Precision Medicine Consumption Value Market Share by Country (2018-2029)
Figure 34. United States Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 35. Canada Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 36. Mexico Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 37. Europe Precision Medicine Consumption Value Market Share by Type (2018-2029)
Figure 38. Europe Precision Medicine Consumption Value Market Share by Application (2018-2029)
Figure 39. Europe Precision Medicine Consumption Value Market Share by Country (2018-2029)
Figure 40. Germany Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 41. France Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 42. United Kingdom Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 43. Russia Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 44. Italy Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 45. Asia-Pacific Precision Medicine Consumption Value Market Share by Type (2018-2029)
Figure 46. Asia-Pacific Precision Medicine Consumption Value Market Share by Application (2018-2029)
Figure 47. Asia-Pacific Precision Medicine Consumption Value Market Share by Region (2018-2029)
Figure 48. China Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 49. Japan Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 50. South Korea Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 51. India Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 52. Southeast Asia Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 53. Australia Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 54. South America Precision Medicine Consumption Value Market Share by Type (2018-2029)
Figure 55. South America Precision Medicine Consumption Value Market Share by Application (2018-2029)
Figure 56. South America Precision Medicine Consumption Value Market Share by Country (2018-2029)
Figure 57. Brazil Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 58. Argentina Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 59. Middle East and Africa Precision Medicine Consumption Value Market Share by Type (2018-2029)
Figure 60. Middle East and Africa Precision Medicine Consumption Value Market Share by Application (2018-2029)
Figure 61. Middle East and Africa Precision Medicine Consumption Value Market Share by Country (2018-2029)
Figure 62. Turkey Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 63. Saudi Arabia Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 64. UAE Precision Medicine Consumption Value (2018-2029) & (USD Million)
Figure 65. Precision Medicine Market Drivers
Figure 66. Precision Medicine Market Restraints
Figure 67. Precision Medicine Market Trends
Figure 68. Porters Five Forces Analysis
Figure 69. Manufacturing Cost Structure Analysis of Precision Medicine in 2022
Figure 70. Manufacturing Process Analysis of Precision Medicine
Figure 71. Precision Medicine Industrial Chain
Figure 72. Methodology
Figure 73. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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