Personalized Medicine Market
Personalized Medicine Market - Global Industry Assessment & Forecast
#
Pages:
199
2023
Mar - 2024
VMR-2446
Segments Covered
By
Product Personalized Medicine Diagnostics, Personalized Medicine Therapeutics, Personalized Medical Care, Personalized Nutrition & Wellness
-
By
Application Oncology, Neurology, Cardiology, Antiviral, Psychiatry, Immunology, Other Applications
-
By
End Users Hospitals & Clinical Care, Diagnostic Companies And Testing Facilities, Academic Research Institutes And Research Laboratories, Contract Research Organizations, Bio and Health Informatics Companies, Other End Users
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 330.8 Billion |
 Revenue 2032:
|
USD 746.01 Billion |
 Revenue CAGR
(2024 - 2032): |
10.7% |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2018 to 2022 |
| 3. | Forecast Data | 2024 to 2032 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
Vantage Market
Research | 27-Mar-2024
FAQ
Frequently Asked Question
What is the global demand for Personalized Medicine in terms of revenue?
-
The global Personalized Medicine valued at USD 330.8 Billion in 2023 and is expected to reach USD 746.01 Billion in 2032 growing at a CAGR of 10.7%.
Which are the prominent players in the market?
-
The prominent players in the market are Abbott Laboratories (U.S.), Merck & Co. Inc. (U.S.), Astrazeneca (UK), Pfizer Inc. (U.S.), Glaxosmithkline PLC (UK), Novartis AG (Switzerland), Amgen Inc. (U.S.), Bayer AG (Germany), Eli Lilly & Company (U.S.), Illumina Inc. (U.S.), Danaher Corporation (U.S.), QIAGEN (Germany), 23andMe Inc. (U.S.), Roche (Switzerland), Thermo Fisher Scientific (U.S.), GE Healthcare (U.S.), Precision Biologics (Canada).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 10.7% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Personalized Medicine include
- Growing Prevalence of Chronic diseases, including cardiovascular disorders, cancer, diabetes, and neurological conditions, are becoming more widespread globally due to factors like aging populations, sedentary lifestyles, and dietary habits
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Personalized Medicine in 2023.
