Latin America Precision Medicine Market by Technology and by Application 2021
Latin America Precision Medicine Market by Technology (Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics, Others), by Application (Oncology, CNS, Immunology, Respiratory, Others)
(EMAILWIRE.COM, August 29, 2017 ) According to the report Latin America Precision Medicine market, published by Market Data Forecast, the Market has been estimated at USD 4.05 Billion in 2016 and is projected to reach USD 7.23 Billion by 2021, at a CAGR of 12.3% during the forecast period from 2016 to 2021. Precision medicine is one of the greatest opportunities for new medical breakthroughs. It is a combination of molecular biology techniques and systems biology. Oncology is the initial area of focus for precision medicine, as cancer is one of the leading causes of death worldwide, and its incidence is increasing as the population ages.
The market for Precision Medicine is mainly driven due to demand for customized medical solutions, growth in healthcare technologies, and favorable government norms. Also, technological advancements like next generation sequencing are driving the market demand and growth in this region. But, the market growth can be hampered due to insurance companies using the information patients’ genetic data.
Browse market data tables and in-depth TOC of the Latin America Precision Medicine Industry to 2021 @ http://www.marketdataforecast.com/market-reports/latin-America-precision-medicine-market-1479/
Latin America market for Precision Medicine is segmented based on Technology and Application. By Technology, the market is further sub-segmented into Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics and Others. By Application, the market is further sub-segmented into Oncology, CNS, Immunology, Respiratory and Others. By Application, oncology segment holds the largest market share, followed by the CNS and immunology segments. By Technology, drug discovery market holds the largest share, followed by gene sequencing and companion diagnostics. Big data analytics is expected to grow at the highest CAGR.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/latin-America-precision-medicine-market-1479/request-sample
Geographically, Latin America market for Precision Medicine is segmented into Brazil, Argentina and Mexico. The market in Latin America is escalating with a high CAGR due to higher acceptance rate and patient affordability. Also, a large number of investments in diagnostic research are being done in this region, which is creating a wide range of opportunities for market growth.
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Pfizer, Roche, Covance, Novartis, Qiagen, Biocrates Life Sciences, Teva Pharmaceutical, Nanostring Technologies, Laboratory Corporation of America Holdings, Tepnel Pharma Services, Intomics, Ferrer InCode, Silicon Biosystems, Eagle Genomics, Medtronic, and Quest Diagnostics, are the major players of Latin America Precision Medicine market.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
The market for Precision Medicine is mainly driven due to demand for customized medical solutions, growth in healthcare technologies, and favorable government norms. Also, technological advancements like next generation sequencing are driving the market demand and growth in this region. But, the market growth can be hampered due to insurance companies using the information patients’ genetic data.
Browse market data tables and in-depth TOC of the Latin America Precision Medicine Industry to 2021 @ http://www.marketdataforecast.com/market-reports/latin-America-precision-medicine-market-1479/
Latin America market for Precision Medicine is segmented based on Technology and Application. By Technology, the market is further sub-segmented into Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics and Others. By Application, the market is further sub-segmented into Oncology, CNS, Immunology, Respiratory and Others. By Application, oncology segment holds the largest market share, followed by the CNS and immunology segments. By Technology, drug discovery market holds the largest share, followed by gene sequencing and companion diagnostics. Big data analytics is expected to grow at the highest CAGR.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/latin-America-precision-medicine-market-1479/request-sample
Geographically, Latin America market for Precision Medicine is segmented into Brazil, Argentina and Mexico. The market in Latin America is escalating with a high CAGR due to higher acceptance rate and patient affordability. Also, a large number of investments in diagnostic research are being done in this region, which is creating a wide range of opportunities for market growth.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/latin-America-precision-medicine-market-1479/inquire
Pfizer, Roche, Covance, Novartis, Qiagen, Biocrates Life Sciences, Teva Pharmaceutical, Nanostring Technologies, Laboratory Corporation of America Holdings, Tepnel Pharma Services, Intomics, Ferrer InCode, Silicon Biosystems, Eagle Genomics, Medtronic, and Quest Diagnostics, are the major players of Latin America Precision Medicine market.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results