What is the personalized medicine market growth?

Posted by pooja on August 9th, 2022

The global personalized medicine market is all set to register high growth trajectory during the forecast period of 2019 to 2029. This growth is attributed to increased preference to use personalized medicines in various countries, specifically in developed regions. In recent period, the worldwide healthcare sector is experiencing advancement in patient treatment techniques.

The global personalized medicine market is growing on the back of a wide range of reasons. Gene therapies are used in the diagnosis of both genetic as well as chronic disorders as per an individual's genetic makeup.  Rise of sequencing methodologies, specifically next generation sequencing (NGS), is one of the key reasons driving market growth.

The list of important players in the global personalized medicine market includes:

• Illumina, Inc.
• GE Healthcare
• Abbott Laboratories
• Asuragen, Inc.
• Exact Science Corporation
• Dako A/S
• Decode Genetics, Inc.
• Danaher Corporation (Cepheid, Inc.)
• Exagen Diagnostics, Inc.
• Celera Diagnostics LLC

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