Asia Pacific Precision Medicine Market by Technology and by Application
Asia-Pacific Precision Medicine Market by Technology (Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics, Others), by Application (Oncology, CNS, Immunology, Respiratory, Others) and by Region
(EMAILWIRE.COM, September 08, 2017 ) According to the report Asia Pacific Precision Medicine Market, published by Market Data Forecast, the Market has been estimated at USD 8.91 Billion in 2016 and is projected to reach USD 16.06 Billion by 2021, at a CAGR of 12.5% during the forecast period from 2016 to 2021. Precision Medicine is the ability to classify individuals into subpopulations that differ in their susceptibility to a particular disease, in the biology and/or prognosis of those diseases they may develop, or in their response to a specific treatment.
The market for Precision Medicine is mainly driven due to recent research advances which have helped expand benefits to various aspects of healthcare by enabling better understanding of disease mechanisms, assessment of disease risks and prediction of optimal therapy. But, the market growth can be restrained due to risks of data sharing and governmental regulations and standards on medicines, devices and treatments.
Browse market data tables and in-depth TOC of the Asia Pacific Precision Medicine Industry to 2021 @ http://www.marketdataforecast.com/market-reports/asia-pacific-precision-medicine-market-1478/
Asia Pacific 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.
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Geographically, Asia-Pacific market for Precision Medicine is segmented into China, India, Japan, South Korea and Australia. The Precision Medicine market in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly due to increasing aging population. Initiatives from the government and contributions from academic laboratories helped augment growth. Favorable reimbursement policies are also driving the market in this region, by attracting the global market players to expand their businesses.
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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 Asia-Pacific 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 recent research advances which have helped expand benefits to various aspects of healthcare by enabling better understanding of disease mechanisms, assessment of disease risks and prediction of optimal therapy. But, the market growth can be restrained due to risks of data sharing and governmental regulations and standards on medicines, devices and treatments.
Browse market data tables and in-depth TOC of the Asia Pacific Precision Medicine Industry to 2021 @ http://www.marketdataforecast.com/market-reports/asia-pacific-precision-medicine-market-1478/
Asia Pacific 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/asia-pacific-precision-medicine-market-1478/request-sample
Geographically, Asia-Pacific market for Precision Medicine is segmented into China, India, Japan, South Korea and Australia. The Precision Medicine market in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly due to increasing aging population. Initiatives from the government and contributions from academic laboratories helped augment growth. Favorable reimbursement policies are also driving the market in this region, by attracting the global market players to expand their businesses.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/asia-pacific-precision-medicine-market-1478/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 Asia-Pacific 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