Precision Medicine Software Market

Precision Medicine Software Market - Size, Share,
and Opportunity Analysis, 2019 – 2026
Precision medicine software is an emerging approach for the prevention and treatment of
diseases such as cancer, rare illness, and infectious diseases. It is a combination of molecular
biology systems and techniques. These techniques are helpful to the clinicians and physicians
for efficiently monitoring the patient. Precision medicine software is used for advancements in
genetic research and genomics.
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Global Precision Medicine Software Market Drivers
New launches of bioinformatics platforms is expected to drive the global precision medicine
software market growth. For instance, in January 2019, XIFIN launched its new precision
medicine informatics platform (VisualSrata), which is helpful for the healthcare professionals to
gain insights, make decisions, and improve patient care and outcome.
Furthermore, new molecular strategy launches is expected to propel the global precision
medicine software market growth. For instance, in April 2018, Harvard’s Wyss Institute
launched new molecular strategy (NuProbe). NuProbe is a type of DNA nanotechnology-based
variant-detecting method. It is a fast, low-cost, and multiplexed molecular diagnostic tool for
the diagnosis of various diseases including cancer and infectious diseases.
Moreover, launches of new genomic tools is expected to support the global precision medicine
software market share. For instance, in September 2018, Ariel Precision Medicine, Inc. launched
its new genomics tool ArielDx for personalized management and early diagnosis of pancreatic
diseases.
Report includes chapters which deeply
• Precision Medicine Software Market
• Precision Medicine Software Market
Coherent Opportunity Map (COM)
• Precision Medicine Software Market
display the following deliverable about industry :
Research Objective and Assumption
Purview - Report Description, Executive Summary, and
Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Precision Medicine Software Market , By Regions
• Precision Medicine Software Market Competition by Manufacturers including Production,
Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Precision Medicine Software Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Precision Medicine Software Market Manufacturing Cost Analysis including Key Raw Materials
and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Precision Medicine Software Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Global Precision Medicine Market Software Restraints
Product recall is the major challenge, which is expected to hinder the global precision medicine
software market growth. For instance, in January 2018, Phillips Medical System Inc., received
product recall letter from U.S Food and Drug Administration (FDA) for its Brilliance Big Core
CT. This software is recalled as error has been detected in production of X-ray tubes. That may
result in inability to generate Computed Tomography (CT) images.
Global Precision Medicine Software Market Regional Analysis
North America is expected to hold dominant position in the global precision medicine software
market, owing to increasing government initiative over the forecast period. For instance, in
January 2019, NIH (National Institutes of Health) and Fitbit launched their first digital health
technology initiative for the advanced precision medicine study. This initiative is known as All
of Us Research Program. It is expected to improve the prevention and treatment of diseases,
which are based on individual differences in lifestyle, environment, and genetics.
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Furthermore, increasing new platform launches in the U.S. is expected to propel the global
precision medicine software market growth. For instance, in November 2016, American Heart
Association (AHA) announced its new launch of cloud-based precision medicine platform in
collaboration with Amazon Web Services (AWS). Main aim of this platform is to assist the
clinicians and researchers in collection of the data and to accelerate solutions for cardiovascular
disease treatments.
Moreover, Asia Pacific is also projected to witness significant growth in the global precision
medicine software market, owing to increasing business expansion activities by key players. For
instance, in September 2018, Konica Minolta, Inc. announced the launch of its new business in
precision medicine Konica Minolta Precision Medicine, Inc. in Japan. They focus on
development of technologies, medicine platform, and discovering new therapies.
Key players operating in the precision medicine software market include Syapse, Inc., 2bPrecise
LLC, Foundation Medicine, Inc., Fabric Genomics, SOPHiA GENETICS SA, Gene42, Inc.,
LifeOmic Health, LLC, NantHealth, Inc., and Koninklijke Philips N.V.
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Precision medicine software is an emerging approach for the prevention and treatment of diseases such as cancer, rare illness, and infectious diseases.

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