$129.96 Billion Non-Oncology Precision Medicine Market, 2019-2020 & 2030 - Research Alliance Across Industry and Academia Accelerating Market Entry & Strong Pipeline and Increasing FDA Approvals

News provided by

Nov 04, 2020, 09:30 ET

DUBLIN, Nov. 4, 2020 /PRNewswire/ -- The "Global Non-Oncology Precision Medicine Market: Focus on Application Area, Ecosystem Type, Country Data (15 Countries) - Analysis and Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

The global non-oncology precision medicine market was valued at $41.1 billion in 2019, and it is expected to grow at an impressive double-digit rate of 11.03% and reach a value of $129.96 billion in 2030.

The precision medicine approach is used for several disease management, such as oncology, immunology, neurology, and infectious diseases. In the non-oncology precision medicine market, the application of molecular biology is for studying the cause of a patient's disease at the molecular level for diseases other than cancer, so that target-based therapies or individualized therapies can be applied to cure the patient's health-related problems.

The existing non-oncology precision medicine market is favored by multiple factors, which include rising government initiatives, coupled up with the general population's growing awareness pertaining to molecular level diagnosis and treatment. Additionally, the increasing number of advancements in molecular diagnostics, more key players interested in investing for the development of novel personalized therapies, and increasing FDA approvals for such drugs among others.

Competitive Landscape

The non-oncology precision medicine market witnessed 59 collaborations and partnerships, four fundings and investments, 44 product launches and enhancements,26 regulatory and legal activities,18 mergers and acquisitions, and six business expansions during the period January 2016-August 2020.

Key Topics Covered:

1 Product Definition

2 Scope of the Research Study

3 Research Methodology
3.1 Primary Data Sources
3.2 Secondary Data Sources
3.3 Market Estimation Model
3.4 Selection Criteria for Company Profiles

4 Market Overview
4.1 Introduction
4.2 Enabling Technologies of Precision Medicine Emphasizing Focus on Prevention
4.3 Promising Potential and Role of Precision Medicine

5 Impact of COVID-19 Pandemic on Global Non-Oncology Precision Medicine Market
5.1 Unprecedented Demand for Non-Oncology Precision Medicine Due to COVID-19
5.2 COVID-19 Affecting Supply Chain of Non-Oncology Precision Medicine-Based Therapies
5.3 Measures Taken to Address Current Problem

6 Global Non-Oncology Precision Medicine Market: Industry Analysis
6.1 Legal and Regulatory Framework and Requirements
6.1.1 North America
6.1.1.1 Regulatory Requirements in U.S.
6.1.2 Europe
6.1.3 Asia-Pacific
6.2 Patent Landscape

7 Global Non-Oncology Precision Medicine Market: Market Dynamics
7.1 Overview
7.2 Market Driving Factors
7.2.1 Improved Availability of Targeted Therapies and Decreasing Trial and Error-Based Prescription
7.2.2 Reduced Chances of Adverse Drug Reactions
7.2.3 Decreasing Overall Cost of Genome Sequencing
7.2.4 Rising Prevalence of Chronic Diseases
7.3 Market Restraining Factors
7.3.1 Unclear Regulatory Framework and Reimbursement Scenario for Personalized Medicine
7.3.2 Limited Knowledge About Molecular Mechanism/Interaction
7.3.3 Integrating and Securing Electronic Health Records
7.4 Market Opportunities
7.4.1 Research Alliance Across Industry and Academia Accelerating Market Entry
7.4.2 Strong Pipeline and Increasing FDA Approvals

8 Global Non-Oncology Precision Medicine Market: Competitive Landscape
8.1 Key Strategies and Developments
8.1.1 Product Offerings
8.1.2 Partnerships and Alliances
8.1.3 Regulatory and Legal
8.1.4 Mergers and Acquisitions
8.1.5 Funding and Investments
8.2 Market Share Analysis
8.3 Growth-Share Analysis (by Company), 2019

9 Global Non-Oncology Precision Medicine Market (by Application), $Billion, 2019-2030
9.1 Overview
9.2 Infectious Diseases
9.2.1 Respiratory Infections
9.2.2 Gastrointestinal Infections
9.2.3 Sexually Transmitted Infections
9.2.4 Others
9.3 Neurology/Physiatry
9.3.1 Neurodegenerative Disorders
9.3.2 Neuropsychiatric Disorders
9.3.3 Others
9.4 Lifestyle and Endocrinology
9.5 Cardiovascular
9.5.1 Cardiac Myopathies and Arrhythmia
9.5.2 Others
9.6 Gastroenterology
9.7 Other Applications

10 Global Non-Oncology Precision Medicine Market (by Ecosystem), $Billion, 2019-2030
10.1 Overview
10.2 Applied Sciences
10.2.1 Genomics
10.2.2 Global Non-Oncology Precision Medicine Genomics Market (by Technology)
10.2.2.1 Polymerase Chain Reaction (PCR)
10.2.2.2 Precision Medicine Next-Generation Sequencing (PM NGS)
10.2.2.3 Genome Editing
10.2.2.4 Other Technologies
10.2.3 Pharmacogenomics
10.2.4 Other Applied Sciences
10.3 Precision Diagnostics
10.3.1 Molecular Diagnostics (MDx)
10.3.2 Medical Imaging
10.4 Digital Health and Information Technology
10.4.1 Clinical Decision Support Systems (CDSS)
10.4.2 Big Data Analytics
10.4.3 IT Infrastructure
10.4.4 Genomics Informatics
10.4.5 In-Silico Informatics
10.4.6 Mobile Health
10.5 Precision Therapeutics
10.5.1 Clinical Trials
10.5.2 Cell Therapy
10.5.3 Drug Discovery and Research
10.5.4 Gene Therapy

11 Global Non-Oncology Precision Medicine Market (by Region), $Billion, 2019-2030

12 Company Profiles
12.1 Company Overview
12.2 Role of Abbott Laboratories in Global Non-Oncology Precision Medicine Market
12.3 Financials
12.4 SWOT Analysis

Abbott Laboratories
Agilent Technologies, Inc.
Almac Group Ltd.
Astra Zeneca
ASURAGEN INC.
BGI Group
Bio-Rad Laboratories, Inc.
bioMerieux S.A.
Bristol-Myers Squibb Company
Danaher Corporation
F. Hoffmann-La Roche Ltd
Gilead Sciences, Inc.
GlaxoSmithKline plc
Illumina, Inc.
Invitae Corporation
Konica Minolta, Inc.
Laboratory Corporation of America Holdings
OPKO Health, Inc.
Partek, Inc.
QIAGEN N.V.
Quest Diagnostics
Randox Laboratories Ltd.
Sanofi S.A.
Teva Pharmaceuticals Industries Ltd.
Thermo Fisher Scientific Inc.

For more information about this report visit https://www.researchandmarkets.com/r/j2b11m

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets