Global Personalized Medicines Market, by product (personalized nutrition & wellness, personalized medical care, personalized diagnostic, personalized therapeutic), application (oncology, psychiatry, infectious diseases, cardiology, endocrinology, neurology, gastroenterology, rheumatology), by end users - forecast till 2026
Report Description
Global Personalized Medicines Market, by product (personalized nutrition & wellness, personalized medical care, personalized diagnostic, personalized therapeutic), application (oncology, psychiatry, infectious diseases, cardiology, endocrinology, neurology, gastroenterology, rheumatology), by end users - forecast till 2026
Report Overview
Global Personalized Medicines Market Overview
Market Scenario
The global personalized medicines market is expected to grow at a healthy CAGR of 10.3% during 2019-2026.
Personalized medicine are the medication that are based or prepared on individual patient or intended patient groups carrying certain biomarkers and are generated to satisfy the requirement of an individual patient based on the response produced by the patient suffering from a particular disease. During last decade there is a significant increase in the healthcare expenditure and number of patient suffering from chronic diseases.
The global personalized medicine market is majorly driven by increasing prevalence of chronic diseases such as diabetes and cancer, rising attention toward the genetics and developing technology. Favorable policies of the gove
ments in relation to the personalized medicine and recent developments in the pharmacogenomics will fuel the growth of the market.
However, high development costs, complexity of the drugs, and long approval time may slow the growth of the personalized medicines market during the forecast period.
Segmentation
The global personalized medicines market is segmented on the basis of products, applications and end users.
On the basis of products, the personalized medicines market is segmented into personalized nutrition & wellness, personalized medical care, personalized diagnostic, personalized therapeutic. Personalized nutrition & wellness are further segmented into nutrition care, alte
ative medicines care, medical retail, and others. Personalized medical care is sub-segmented into telemedicine & remote patient monitoring, EMR, and other.
On the basis of application, the personalized medicines market is segmented into disease treatment, biomarker identification, clinical research, and others. Disease treatment segment is further segmented into oncology, psychiatry, infectious diseases, cardiology, endocrinology, neurology, gastroenterology, rheumatology, and others.
On the basis of end users, the personalized medicines market is segmented into hospitals & clinics, diagnostic laboratories and testing facilities, research laboratories & academic institutes, and others.
Figure: Global personalized medicines market, by products, 2018, (%)
Regional Analysis
America continues to dominate the global personalized medicines market owing to the presence of huge diabetic population, well developed technology, and high healthcare spending. According to the WHO, in 2015, 9.2% of the total Americas patients were suffering from diabetes. Moreover, strong gove
ment support and presence of leading players in this region have supported the growth of the Americas personalized medicine market.
Europe accounts for the second leading market which is followed by Asia Pacific. Asia Pacific is the fastest growing market owing rapidly growing economies and huge patient population. Continuously increasing healthcare spending and increasing gove
ment support have supported the growth of the market in Asia Pacific region.
On the other hand, the Middle East & Africa holds the least share in the market but is expecting a healthy growth in coming future.
Key Players
Innovation is the organic strategy for the development of the market and major players in the market are investing a huge amount of the capital for the developing new and advanced products.
The key players in the market are: Siemens Healthcare GmbH (Germany), Quest Diagnostics (U.S.), Sanofi (France),Pfizer Inc. (U.S.), Abbott (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), QIAGEN (Germany), CELERA (U.S.), Amgen (U.S.), and 23andme (U.S.)
Segmentation
Global Personalized Medicines Market By Products
Personalized Nutrition & Wellness
Nutrition Care
Alte
ative medicines care
Medical Retail
Others
Personalized Medical Care
Telemedicine & Remote Patient Monitoring
EMR
Other
Personalized Diagnostic
Personalized Therapeutic
Global Personalized Medicines Market By Applications
Disease Treatment
Oncology
Lung Cancer
Breast Cancer
Prostate Cancer
Others
Psychiatry
Infectious Diseases
HIV
Hepatitis B
Others
Cardiology
Endocrinology
Neurology
Gastroentrology
Rheumatology
Others
Biomarker Identification
Clinical Research
Others
Global Personalized Medicines Market By End Users
Hospitals & clinics
Diagnostic laboratories and testing facilities
Research Laboratories & Academic institutes
Others
Why Purchase This Report?
Market Intelligence
Comprehensive data on market size, growth rates, and segment analysis
Consumer Insights
Detailed analysis of purchasing behavior and preferences
Competitive Analysis
Profiles of key players and their market strategies
Future Trends
Emerging opportunities and market projections
Table of Contents
1. Introduction
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Market Overview – Personalized Medicines, Type Landscape
3.2. Research Report Segmentation & Scope
3.3. Value Chain Analysis
3.4. Key Market Trend Analysis
3.4.1. Market Drivers
3.4.2. Market Restraint/Challenges
3.4.3. Market Opportunities
3.5. Porter’s Five Forces Analysis
3.6. Potential Venture Avenues
3.7. Market Share Analysis, 2016
3.8. Regulatory Framework
3.9. Marketing Strategy
3.10. Key wining Strategy
3.11. Consumer Behavior Analysis
4. Product Overview
4.1. Introduction
4.2. Market Size & Forecast, 2016 to 2026
4.2.1. Personalized Nutrition & Wellness
4.2.1.1. Nutrition Care
4.2.1.2. Alte
ative Medicines Care
4.2.1.3. Medical Retail
4.2.1.4. Others
4.2.2. Personalized Medical Care
4.2.2.1. Telemedicine & Remote Patient Monitoring
4.2.2.2. EMR
4.2.2.3. Other
4.2.3. Personalized Diagnostic
4.2.4. Personalized Therapeutic
5. Application Overview
5.1. Introduction
5.2. Market Size & Forecast, 2016 to 2026
5.2.1. Disease Treatment
5.2.1.1. Oncology
5.2.1.1.1. Lung Cancer
5.2.1.1.2. Breast Cancer
5.2.1.1.3. Prostate Cancer
5.2.1.1.4. Others
5.2.1.2. Psychiatry
5.2.1.3. Infectious Diseases
5.2.1.3.1. HIV
5.2.1.3.2. Hepatitis B
5.2.1.3.3. Others
5.2.1.4. Cardiology
5.2.1.5. Endocrinology
5.2.1.6. Neurology
5.2.1.7. Gastroentrology
5.2.1.8. Rheumatology
5.2.1.9. Others
5.2.2. Biomarker Identification
5.2.3. Clinical Research
5.2.4. Others
6. End Users Overview
6.1. Introduction
6.2. Market Size & Forecast, 2016 to 2026
6.2.1. Hospitals & clinics
6.2.2. Diagnostic laboratories and testing facilities
6.2.3. Research Laboratories & Academic institutes
6.2.4. Others
7. Regional Overview
7.1. Introduction
7.2. Market Size & Forecast, 2016 to 2026
7.2.1. Americas
7.2.1.1. North America
7.2.1.1.1. U.S.
7.2.1.1.2. Canada
7.2.1.2. South America
7.2.2. Europe
7.2.2.1. Weste
Europe
7.2.2.1.1. Germany
7.2.2.1.2. France
7.2.2.1.3. U.K.
7.2.2.1.4. Italy
7.2.2.1.5. Spain
7.2.2.1.6. Rest Of Weste
Europe
7.2.2.2. Easte
Europe
7.2.3. Asia Pacific
7.2.3.1. China
7.2.3.2. Australia
7.2.3.3. Japan
7.2.3.4. India
7.2.3.5. Republic of Korea
7.2.3.6. Rest of Asia Pacific
7.2.4. The Middle East & Africa
7.2.4.1. The Middle East
7.2.4.1.1. UAE
7.2.4.1.2. Saudi Arabia
7.2.4.1.3. Kuwait
7.2.4.1.4. Qatar
7.2.4.1.5. Rest of the Middle East
7.2.4.2. Africa
8. Manufacturer/ Vendor Profile
8.1. The following attributes will be considered while profiling key manufacturers in this industry:
8.1.1. Company Overview
8.1.2. Financial Synopsis
8.1.3. Recent Developments
8.1.4. R&D Investments (if any)
8.1.5. Strategy Overview (Analyst Perspective)
8.1.6. Product Portfolio
8.2. Companies Profiled
8.2.1. Siemens Healthcare GmbH
8.2.2. Quest Diagnostics
8.2.3. Sanofi
8.2.4. Pfizer Inc.
8.2.5. Abbott
8.2.6. F. Hoffmann-La Roche Ltd
8.2.7. QIAGEN
8.2.8. CELERA
8.2.9. Amgen
Research Methodology
Our research methodology combines both primary and secondary research approaches to ensure data accuracy and reliability.
Primary Research
Industry Interviews
Conducted interviews with industry experts and key stakeholders
Consumer Surveys
Comprehensive surveys targeting relevant consumer segments
Secondary Research
- Analysis of company annual reports, investor presentations, and regulatory filings
- Review of industry publications, trade journals, and market studies
- Government statistics and regulatory databases
- Market data from reliable third-party sources
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