Wednesday, 11 October 2017

Pharmacogenomics Market Size, Market Share, Application Analysis and Regional Outlook 2017 To 2025

Pharmacogenomics Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2017 - 2026, the global pharmacogenomics market was valued at US$ 79,70.3 Mn in 2017, and is expected to reach US$ 18,624.5 Mn by 2025, expanding at a CAGR of 5.6% from 2017 to 2025.
Market Insights
Pharmacogenomics or personalized medicine is defined as “the tailoring of medical treatment to the specific characteristics of each patient.” This concept in reality involves the ability to classify individuals into subpopulations that are uniquely or disproportionately susceptible to a particular disease or responsive to a specific treatment. Personalized medicine emphasizes on paradigm shift in medicine from reaction to prevention. The individual response to the drug varies according to the genetic composition. Most of the responses are positive and show improvement while few face the side effects. To address those variations, it is necessary to study how the drug processing is affected by the genes. So when the genetic variation is affecting the drug processing and response, there is scope of the clinical study to be conducted and based on the result, adjust the dosage or to find a different drug according to the genetic composition of an individual.

Key Market Movements:
• Focus on personalized medicine emphasizing on the paradigm shift in medicine from reaction to prevention. Able to design unique disease prevention strategies, prescribe more effective drugs and reduce the ADR’s, enhance quality of life, increase patient compliance.
• Recently, pharmacogenomics have being extensively used in drug development. It is used at various stages of drug development assessing and identifying effect of drug target polymorphisms on drug response.
• Discovery of new biological mechanisms and identification of molecules with improved efficacy and safety
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Global Pharmacogenomics Market Portraiture
2.2 Global Pharmacogenomics Market Share, by Technology type, 2015 (US$ Mn)
2.3 Global Pharmacogenomics Market Share, by Application type, 2015 (US$ Mn)
2.4 Global Pharmacogenomics Market, by Geography, 2015 (Value %)
Chapter 3 Global Pharmacogenomics Market Analysis
3.1 Global Pharmacogenomics Market Overview
3.2 Market Inclination Insights
3.3 Market Dynamics
3.3.1 Market Drivers Rise in investment in research and development Advancement in technology pharmacogenomics engineering to create in vivo environment
3.3.2 Challenges Lack of consistency in pharmacogenomics products
3.3.3 Opportunities Focus on regenerative medicine Increased awareness of organ transplantation
3.4 Attractive Investment Proposition, 2015
3.5 Market Positioning of Key Players in Pharmacogenomics
Chapter 4 Global Pharmacogenomics Market Analysis, by Technology Type, 2014-2024 (US$ Mn)
4.1 Introduction
4.2 Microarray
4.3 Sequencing
4.3.1 Sanger Sequencing
4.3.2 Pyrosequencing
4.3.3 Next-Generation Sequencing
4.4 Polymerase Chain Reaction
4.5 Other Technologies
4.5.1 Mass Spectrometry
4.5.2 Electrophoresis
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