Precision Medicine Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Precision Medicine Market – Overview Precision medicine initiative aims to use advances in clinical and basic research to develop therapeutics that selectively target and kill cancer cells. This allows researchers to develop chemically tractable probes that can image cancer in Vivo. Precision medicine is used to treat children or adolescent patients suffering from brain tumor that have no other effective therapies. Various companies are continuously investing in research and development to further refine precision medicines for interventional surgical imaging, as well as for diagnostic and therapeutic applications. Furthermore, precision medicine is proving to be effective in treating oncology-related diseases, cardiovascular diseases, psychiatric disorders, neurodegenerative diseases, arthritis, obesity, diabetes, pain, and Alzheimer’s disease. Reduced cost of treatment attracts patient toward the precision medicine, as precision medicine cuts down most of the expensive treatments, which are not required since genetic testing helps the oncologists offer precision medicine. The two recent FDA drug approvals, Kalydeco (ivacaftor) and Keytruda (pembrolizumab), pertaining to 33 cystic fibrosis mutations and cancer treatment based on a genetic feature respectively, point to an encouraging future for precision medicine. National Cancer Institute (NCI) conducts NCI-COG Pediatric MATCH trial that enrolls children and adolescents by advanced cancer therapy based on their genetic abnormality, where NCI also plans to support new immunotherapy clinical trials, antibody, testing of new combinations of the cell, small molecule, and radiation therapy studies, which include sequencing of tumor specimens. © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Precision Medicine Market Taxonomy: By Technology: ● Bioinformatics ● Gene Sequencing ● Drug Discovery ● Precision Molecular Diagnostics By Application: ● Oncology ● CNS ● Hematology ● Respiratory Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/145 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Precision Medicine Market: Key Players ● Novartis AG. ● Intomics. ● Ferrer Incode. ● Nanostring Technologies, Inc.. ● Pfizer, Inc. ● Teva Pharmaceuticals ● Merck & Co., Inc. ● Qiagen N.V. 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Precision medicine initiative aims to use advances in clinical and basic research to develop therapeutics that selectively target and kill cancer cells. This allows researchers to develop chemically tractable probes that can image cancer in Vivo.
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