Personalized Medicine Market Size, Share, Trends, Growth, Analysis, Key Players, and Report and Forecast 2023-2029
Global Personalized Medicine Market
The global Personalized Medicine market size was valued at US$ 556.21 Bn. in 2022 and is projected to reach US$ 848.01 Bn. by 2029, growing at a CAGR of 6.21% during the forecast period.
Market Overview
This research aims to provide a comprehensive overview of the Personalized Medicine market segmented by industry and geography. It includes detailed insights into the key factors driving the growth of the Personalized Medicine industry, as well as an in-depth evaluation of the market's value chain.
Market Scope
The research methodology for analyzing and forecasting the Personalized Medicine market begins with the collection of revenue data from major suppliers using secondary research sources. Vendor offers are also considered when developing market segmentation. The bottom-up approach is employed to estimate the total size of the Personalized Medicine market based on the revenue of major firms.
Drivers
The report covers the significant restraints and drivers influencing the Personalized Medicine market.
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Segmentation
by Product
Personalized Medical Care
Therapeutics
Personalized Nutrition & Wellness
by Application
Oncology
Immunology
CNS
Respiratory
by Technology
Big Data Analytics
Bioinformatics
Gene Sequencing
Drug Discovery
Companion Diagnostics
by End users
Pharmaceutical Companies
Diagnostic Companies
Healthcare IT companies
Key Players
The major players covered in the Personalized Medicine market report include:
1. Abbott Laboratories
2. Merck & Co., Inc.
3. AstraZeneca
4. Pfizer, Inc.
5. GlaxoSmithKline plc.
6. Novartis AG
7. Amgen, Inc.
8. Bayer AG
9. Mylan N.V.
10. Eli Lilly and Company
11. Bristol Myers Squibb Co.
12. Daiichi Sankyo Company, Ltd.
13. Biogen, Inc.
14. Johnson & Johnson Services, Inc.
15. F. Hoffmann-La Roche Ltd.
16. Thermo Fisher Scientific, Inc.
17. Novo Nordisk A/S
18. Sanofi Genzyme.
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Regional Analysis
A research team conducted extensive primary and secondary research for the global Personalized Medicine market study. Secondary research was used to enhance the available data, segment the market, assess total market size, forecast market size, and growth rate. Various methods for calculating market value and growth rate were established. Our team gathers market data and insights from various regions to provide a realistic regional perspective. The country-level analysis is developed by examining multiple regional stakeholders, tax laws, policies, consumer behavior, and macroeconomic indicators.
Market share data is provided for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts should optimize their competitive strengths and perform a competitive analysis on each rival independently.
COVID-19 Impact Analysis on Personalized Medicine Market
The Personalized Medicine market research includes a comprehensive assessment of COVID-19's impact on the Personalized Medicine market, considering imports, suppliers, and market players.
Key Questions Answered in the Personalized Medicine Market Report
- Which segment accounted for the largest share in the Personalized Medicine market?
- What was the competitive scenario of the Personalized Medicine market in 2020?
- What are the key factors driving the growth of the Personalized Medicine market?
- Which region held the maximum share in the Personalized Medicine market in 2020?
About Maximize Market Research
Maximize Market Research is a multifaceted market research and consulting company with professionals from various industries. Some of the industries we cover include medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems. We provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competitive analysis, production and demand analysis, and client impact studies.
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