Personalized medicine holds the promise of delivering the right drug to the right patient at the right time. The concept of personalized care is not new, as physicians have always tried to match the therapy to the patient. Although personalized medicine is still at the nascent stage, it is emerging steadily as the new healthcare paradigm has been boosting the healthcare revenue. Industry experts have estimated that, the total market for personalized medicine in the US is anticipated to increase around 12% on a yearly basis, nearly doubling its size by 2015 end since 2009.
Our team of experts has done an extensive research on the market and has found major factors, which have been driving the growth of the industry and have included these reasons in the report. As per our report “Personalized Medicine Market Analysis”, entry of various companies in this sector is the main reason, which has driven the growth of the industry. A broad variety of organizations including leisure & retail companies, food & beverage, consumer products, as well as more conventional health companies that have been victorious in marketing directly to consumers are entering this huge market place. This will attract huge investments in this sector.
Our report has carefully segmented the personalized medicine market into Core Segment, Personalized Medical Care, and Nutrition & Wellness. Detail statistics and the reasons for growth of each segment have been covered in the report. Most importantly, the report has included overview of all type of companies viz. pharma, biotech, IT, diagnostics etc. which plays significant role in the personalized medicine market.
Moreover, our report “Personalized Medicine Market Analysis” provides thorough analysis of the various segments of the personalized medicine market together with the detail study of the investment opportunities in all the segments. The report has thoroughly examined current market trends; industrial developments, and competitive landscape to enable clients understand the market structure and its progress in coming years. Due consideration has been given to the possible after effects of recession on the industry. It will help clients to have a proper insight of the current and future outlook of the global personalized medicine market.
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Article By: Shushmul Maheshwari