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Provide Growth Opportunity for the Regenerative Medicine
Precision medicine is a relatively novel concept and technology that has now become a major business
investment domain for major pharma companies. With the help of precision medicine, the diagnosis as well as
diseases treatment is easier by depending on genomics as well as specific biomarker techniques. A precision
based approach helps to to formulate medicines that result in new insights into disease biology. Thus, it becomes
easier for physicians to make selection of the right drugs, optimal dosage and time for medicine usage coupled
with least side effect.
Moreover, high awareness pertaining to the benefits of adaptation of precision medicine is promoting this
market growth. Other factors such as intense research, along with severe unmet needs in various diseases,
especially oncology is further bolstering the market growth. Moreover, favorable government regulations and
support in developed economies is driving the market growth. However, the high price of these therapies is
expected to hamper the market growth.
Middle East & Africa (MEA)
F-Hoffmann La Roche
Global Precision Medicine Market Trends, Analysis, And Forecast To 2025
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