Precision medicine is one of the most updated trends in the healthcare industry which has shown remarkable level of progress in the last few years. The focus of healthcare industry has shifted towards personalized medicine, also known as precision medicine or individualized medicine since 2003 with the complete sequencing of human genome. The technical development has provided a path of opportunity to introduce new scientific, medical and business models. The development of precision ... Read more
Market Scenario:
Precision medicine refers to medicines developed as per an individual’s genetic profile that helps as a guide for the prevention, diagnosis and treatment of diseases. The global Precision Medicine Market was valued at $38.92 billion in 2015, and is expected to reach $88.64 billion by 2022. Thus the market is expected to perform a growth at a CAGR ... Read more
Precision Medicine refers to modifying treatment plans to target the specific characteristics of individual tumours based on a patient's genetic profile. Precision Medicine helps oncologists to detect cancer at an early stage by analysing biomarkers in patients' genes, proteins and environment. It offers targeted, individualized treatment and diagnostic options and improves outcomes for many patients by determining which medications, therapies, doctors and treatment protocols may work best. ... Read more