Published on : Nov 29, 2019
Precision medicine has emerged as a new frontier in healthcare segment that takes in account several components including genomics, population health and big data analytics. They are used for the health conditions that have difficult cure such as cancer, rare genetic diseases and neurodegenerative diseases. It considers various factors associated with individuals such as genes, lifestyle and environment. Personalized medicine classify individuals on the basis of their susceptibility to any disease instead of giving generalized treatment.
Precision medicine links different components of medicine ecosystem including patients, laboratories, providers and researchers. Growth in adoption of EMRs and advanced It systems boosts the use of personalized and precious medicines. Many other factors are responsible for growth of precision medicine include government sponsorship for research, industrial partnerships and commercialization of precision medicine products. Genomic data is utilized in knowledge-generating health care system infrastructure to optimize patient care. Clinical practice and research support each other to give different benefits in disease prevention and treatment.
An intelligence report titled, “The State of Personalized/ Precision Medicine” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository.
Digital sensing devices are employed to create variety of bio informatics data that can be of different types including biological, transitional and radiological. Advanced computational techniques, such as machine learning, artificial intelligence and natural-language processing aid in development of standardized methods of data aggregation which is further analyzed for greater benefits.
Genetic screening is an ardent application of precision medicine that is used to analyze the possible risks of passing on genetic disorders. Sequencing is used at the time of child birth to diagnose critical conditions which reduces mortality and morbidity.
Precision/personalized medicine: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Precision/personalized medicine. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Precision/personalized medicine. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on precision/personalized medicine.
An insightful and deep-dive assessment of the competitive assessment of the Precision/personalized medicine pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Precision/personalized medicine. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Precision/personalized medicine: Research Methodology
Primary sources and secondary sources propel intelligence report on Precision/personalized medicine that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.
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