Europe Precision Medicine Market by Technology and by Application
The Europe Precision Medicine market has been estimated at USD 10.94 Billion in 2016 and is projected to reach USD 18.34 Billion by 2021, at a CAGR of 10.9% during the forecast period from 2016 to 2021.
(EMAILWIRE.COM, November 27, 2017 ) Precision medicine allows the doctors and researchers to project the treatment method for a patient accurately for a specific disorder depending on the patient. It is opposed to using the same approach for all kinds of people, in which disorder treatment and prevention methods are formed for the average patient suffering from that particular disease, with little consideration for the variations within people.
Europe Precision Medicine Market: Drivers & Restraints
The market for Precision Medicine has majorly grown owing to risen incidences of cancer growth in the population prone to cancer. Also, rising demand for individualized treatment, technological know-how and development in medical sector is supposed to drive the market. However, the market growth is constrained by the problems related to sharing of the patients genetic information and reducing trends for approval of the medication.
Get accurate market forecast and analysis on the Europe Precision Medicine Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/europe-precision-medicine-market-1477/request-sample
Europe Precision Medicine Market: Segmentation
By Technology
Big Data Analytics
Bioinformatics
Gene Sequencing
Drug Discovery
Companion Diagnostics
Others
By Application
Oncology
CNS
Immunology
Respiratory
Others
Europe Precision Medicine Market: Overview
As of 2017, the Europe Precision Medicine Market was worth USD 40.5 billion. Precision medicine is a developing way of disorder treatment and prevention which considers personal differences in genes, surroundings, and lifestyle for every different person. It will give rise to a new time of medicine wherein researchers, and patients do combined work to support personal care. Big Data analytics has a huge growth potential in the future.
Europe is the second biggest market in terms of market share across the globe, followed by Europe. The spread of analytics and awareness of its potential are increasing at a rapid rate in Europe. Germany precision medicine will be a key player in shaping growth across Europe. Several institutes in Germany have already acquired a certification for the biomarker analysis in colorectal cancer.
Europe Precision Medicine Market: Key Players
The Europe Precision Medicine Market is highly competitive with a large number of players such as Ferrer InCode, Silicon Biosystems, Roche, Covance, Novartis, Tepnel Pharma Services, Intomics, Eagle Genomics, Medtronic, Qiagen, Biocrates Life Sciences, Pfizer and Quest Diagnostics.
About Market Data Forecast:
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, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
Europe Precision Medicine Market: Drivers & Restraints
The market for Precision Medicine has majorly grown owing to risen incidences of cancer growth in the population prone to cancer. Also, rising demand for individualized treatment, technological know-how and development in medical sector is supposed to drive the market. However, the market growth is constrained by the problems related to sharing of the patients genetic information and reducing trends for approval of the medication.
Get accurate market forecast and analysis on the Europe Precision Medicine Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/europe-precision-medicine-market-1477/request-sample
Europe Precision Medicine Market: Segmentation
By Technology
Big Data Analytics
Bioinformatics
Gene Sequencing
Drug Discovery
Companion Diagnostics
Others
By Application
Oncology
CNS
Immunology
Respiratory
Others
Europe Precision Medicine Market: Overview
As of 2017, the Europe Precision Medicine Market was worth USD 40.5 billion. Precision medicine is a developing way of disorder treatment and prevention which considers personal differences in genes, surroundings, and lifestyle for every different person. It will give rise to a new time of medicine wherein researchers, and patients do combined work to support personal care. Big Data analytics has a huge growth potential in the future.
Europe is the second biggest market in terms of market share across the globe, followed by Europe. The spread of analytics and awareness of its potential are increasing at a rapid rate in Europe. Germany precision medicine will be a key player in shaping growth across Europe. Several institutes in Germany have already acquired a certification for the biomarker analysis in colorectal cancer.
Europe Precision Medicine Market: Key Players
The Europe Precision Medicine Market is highly competitive with a large number of players such as Ferrer InCode, Silicon Biosystems, Roche, Covance, Novartis, Tepnel Pharma Services, Intomics, Eagle Genomics, Medtronic, Qiagen, Biocrates Life Sciences, Pfizer and Quest Diagnostics.
About Market Data Forecast:
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, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
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Market Data Forecast.
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Tel: +1-888- 702-9626
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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