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Pharmacogenomics Technology Market likely to reach US$ 18.3 billion during the f

The scope of the global Pharmacogenomics Technology (Theranostics and Companion Diagnostics) Market was appreciated by US$ 5.62 billion in 2016 and it is likely to reach US$ 18.3 billion during the forecast period. This could be attributed to growth in geriatric population, prevalence of chronic diseases like HIV, tuberculosis, and cancer, increase in awareness amongst the patients regarding personalized therapy, and adoption of pharmacogenomics by loads of healthcare professionals.

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Pharmacogenomics Technology Market likely to reach US$ 18.3 billion during the f

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  1. Pharmacogenomics Technology Market likely to reach US$ 18.3 billion during the forecast period “The pharmacogenomics technology market is also likely to get bolstered technological advancements related to molecular diagnostics.” Market Slingshot: The scope of the global Pharmacogenomics Technology (Theranostics and Companion Diagnostics) Market was appreciated by US$ 5.62 billion in 2016 and it is likely to reach US$ 18.3 billion during the forecast period. This could be attributed to growth in geriatric population, prevalence of chronic diseases like HIV, tuberculosis, and cancer, increase in awareness amongst the patients regarding personalized therapy, and adoption of pharmacogenomics by loads of healthcare professionals. The pharmacogenomics technology market is also likely to get bolstered technological advancements related to molecular diagnostics. At the same time, there is a dearth on the part of highly skilled and trained healthcare professionals in conducting pharmacogenomics diagnostics tests. Besides, emerging economies need to think twice before affirming pharmacogenomics tests as initial as well as operating costs are high. Governments herein do struggle with funding on this count. Market Segmentation: The pharmacogenomics theranostics market is segmented by application, technology, end-user, and geography. By application, the segmentation goes like cardiovascular disease, pain management, psychiatry, infectious diseases, oncology, and neurological disease. By technology, the pharmacogenomics technology industry spans sequencing, polymerase chain reaction, mass spectrometry, microarray, and electrophoresis. By end-user, the pharmacogenomics companion diagnostics (CDx) market states research organizations & academic institutes and hospitals and clinics. By geography, it comprises North America, Asia Pacific, LATAM, Europe, and MEA. .Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry- reports/pharmacogenomics-technology-market/request-sample

  2. Regional Insights: North America rules the roost; thanks to extensive investment in healthcare by the U.S. Europe comes in second due to Belgium and Denmark being on the top pedestal with respect to healthcare. Asia Pacific is expected to grow at the fastest pace owing to increase in awareness among the economies like India and China regarding healthcare. LATAM will also catch up due to presence of Brazil; followed by MEA. In fact, MEA would be more vigilant on this count; due to the figures released by WHO. It says that over 50% of the diseases mentioned above occur in sub-Saharan Africa. Players: The players contributing to the pharmacogenomics technology market include OPKO Health, Inc., Thermo Fisher Scientific, Inc., Teva Pharmaceutical Industries Ltd., Dynamic DNA Laboratories, Abbott Laboratories, F. Hoffmann-La Roche Ltd., One Ome LLC, Empire Genomics, LLC, and Illumina, Inc. Market Segment: Therapeutic Area Outlook (Revenue, USD Million; 2014 - 2025) • Oncology • Lung Cancer • Breast Cancer • Colorectal Cancer • Cervical Cancer • Others • Neurological Disorders • Cardiovascular Disease • Immunological Disorders • Others Browse Full Research Report @ https://www.millioninsights.com/industry-reports/pharmacogenomics- technology-market Technology Outlook (Revenue, USD Million; 2014 - 2025) • PCR

  3. • In-situ Hybridization • Immunohistochemistry • Sequencing • Others Regional Outlook (Revenue, USD Million; 2014 - 2025) • North America • U.S. • Canada • Europe • Germany • UK • Asia Pacific • China • Japan • Latin America • Brazil • Middle East & Africa • South Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/healthcare Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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