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Showing posts with the label Personalized Medicine (PM) Market 2025

Personalized Medicine (PM) Market Registering A CAGR Of 10.6% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.

San Francisco, 19  August 2019:   The Report   Personalized Medicine Market   Size, Share & Trends Analysis By Product (Personalized Medical Care, Therapeutics, Personalized Nutrition & Wellness), By Region (Asia Pacific, Europe, North America), And Segment Forecasts, 2019 – 2025 The global personalized medicine (PM) market size is expected to reach USD 3.18 trillion by 2025 registering a CAGR of 10.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing number of approved companion diagnostics and biomarker products have been proved promising avenues for the development of advanced precision diagnostic tests. Several personalized diagnostics and therapeutic products based on companion diagnostics are under clinical trials and development pipelines, which also add an incremental opportunity to accelerate this market. Gene therapies are widely utilized to diagnose both chronic and genetic disorders according to individual’s genetic makeup