Dublin, Feb. 10, 2021 (GLOBE NEWSWIRE) -- The "Global Pharmacogenomics Market 2020-2030 by Service (Genotyping, SNP, Diagnostics), Technology (PCR, Microarray, Sequencing, Electrophoresis, MS), Application, End User, and Region: Trend Forecast and Growth Opportunity" report has been added to ResearchAndMarkets.com's offering.

The global pharmacogenomics market will reach $12.83 billion by 2030, growing by 8.1% annually over 2020-2030 driven by increase in adoption of personalized medicine and surge in usage of pharmacogenomics for drug discovery and development amid COVID-19 pandemic.

Highlighted with 88 tables and 83 figures, this 181-page report "Global Pharmacogenomics Market 2020-2030 by Service (Genotyping, SNP, Diagnostics), Technology (PCR, Microarray, Sequencing, Electrophoresis, MS), Application, End User, and Region: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire global pharmacogenomics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year.

In-depth qualitative analyses include identification and investigation of the following aspects:

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global pharmacogenomics market in every aspect of the classification from perspectives of Service, Technology, Application, End User, and Region.

Based on Service, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.

Based on Technology, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.

Based on Application, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.

Based on End User, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.

Geographically, the following regions together with the listed national/local markets are fully investigated:

For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Service, Technology, and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global pharmacogenomics market are assayed quantitatively and qualitatively through a Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

Key Topics Covered:

1 Introduction1.1 Industry Definition and Research Scope 1.1.1 Industry Definition 1.1.2 Research Scope 1.2 Research Methodology 1.2.1 Overview of Market Research Methodology 1.2.2 Market Assumption 1.2.3 Secondary Data 1.2.4 Primary Data 1.2.5 Data Filtration and Model Design 1.2.6 Market Size/Share Estimation 1.2.7 Research Limitations 1.3 Executive Summary

2 Market Overview and Dynamics2.1 Market Size and Forecast 2.1.1 Impact of COVID-19 on the Market 2.2 Major Growth Drivers 2.3 Market Restraints and Challenges 2.4 Emerging Opportunities and Market Trends 2.5 Porter's Five Forces Analysis

3 Segmentation of Global Market by Service3.1 Market Overview by Service 3.2 Genotyping 3.3 SNP Identification 3.4 Diagnostics 3.5 Other Services

4 Segmentation of Global Market by Technology4.1 Market Overview by Technology 4.2 Polymerase Chain Reaction (PCR) 4.3 Microarray 4.4 Sequencing 4.5 Electrophoresis 4.6 Mass Spectrometry 4.7 Other Technologies

5 Segmentation of Global Market by Application5.1 Market Overview by Application 5.2 Oncology 5.3 Infectious Diseases 5.4 Neurology/Psychiatry 5.5 Cardiovascular 5.6 Pain Management 5.7 Other Applications

6 Segmentation of Global Market by End User6.1 Market Overview by End User 6.2 Hospitals and Clinics 6.3 Pharmaceutical Companies 6.4 Research Institutes

7 Segmentation of Global Market by Region7.1 Geographic Market Overview 2019-2030 7.2 North America Market 2019-2030 by Country 7.2.1 Overview of North America Market 7.2.2 U.S. 7.2.3 Canada 7.2.4 Mexico 7.3 European Market 2019-2030 by Country 7.3.1 Overview of European Market 7.3.2 Germany 7.3.3 UK 7.3.4 France 7.3.5 Spain 7.3.6 Italy 7.3.7 Russia 7.3.8 Rest of European Market 7.4 Asia-Pacific Market 2019-2030 by Country 7.4.1 Overview of Asia-Pacific Market 7.4.2 Japan 7.4.3 China 7.4.4 Australia 7.4.5 India 7.4.6 South Korea 7.4.7 Rest of APAC Region 7.5 South America Market 2019-2030 by Country 7.5.1 Argentina 7.5.2 Brazil 7.5.3 Chile 7.5.4 Rest of South America Market 7.6 MEA Market 2019-2030 by Country 7.6.1 UAE 7.6.2 Saudi Arabia 7.6.3 South Africa 7.6.4 Other National Markets

8 Competitive Landscape8.1 Overview of Key Vendors 8.2 New Product Launch, Partnership, Investment, and M&A 8.3 Company Profiles

9 Investing in Global Market: Risk Assessment and Management9.1 Risk Evaluation of Global Market 9.2 Critical Success Factors (CSFs)

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

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Outlook on the Pharmacogenomics Global Market to 2030 - Trend Forecasts and Growth Opportunities - GlobeNewswire

COVINGTON, Ky., Jan. 28, 2021 /PRNewswire/ -- On Tuesday, January 26th, Governor Andy Beshear's office announced that the first two cases of a more contagious variant of coronavirus, first identified in the United Kingdom, have been confirmed in Kentucky. Local Covington-based Gravity Diagnostics began coordinating with the Kentucky Department of Health weeks ago to submit specimens with a unique detection pattern for sequence analysis. This led to the discovery announced on Tuesday by Beshear's office. Dr. Steven Stack, commissioner for public health for the Commonwealth of Kentucky, thanked the laboratory during the Governor's press conferenceWednesday afternoon.

Background from Gravity Diagnostics on detection of SARS-CoV-2 emerging variants Gravity Diagnostics utilizes a molecular test for the detection of SARS-CoV-2. Our test relies on specific RNA sequences for the identification of the virus in clinical specimens. However, RNA viruses, such as SARS-CoV-2, mutate resulting in changes to their RNA sequence. One specific mutation in the S-gene is associated with an increased risk of transmission, the B.1.1.7 variant. This variant contains a deletion in the S-gene which can impact the detection of SARS-CoV-2 with molecular tests.

Impact on Gravity Diagnostics SARS-CoV-2 RT-PCR Assay (EUA202301) Gravity Diagnostics utilizes a modification of the ThermoFisher TaqPath COVID-19 Combo Kit for our SARS-CoV-2 testing. Their methodology detects three distinct genes (S-gene, N-gene, ORF1ab) in the SARS-CoV-2 viral genome, which offers a built-in redundancy for detection of the virus. They have become aware that certain variants will not have the S-gene amplify, but the other two targets will detect the SARS-CoV-2 virus. Analysis by the FDA suggests no impact to the overall sensitivity of the assay. In fact, they can use this pattern of detection to possibly track new variant spread. Once this was known, they began to coordinate with the Kentucky Department of Public Health to submit specimens with this detection pattern for sequence analysis. This information will be used to prepare public health officials with contact tracing and potentially prevent further spread of infection.

"I reached out to our Director of Research and Development, Ryan Walker, PhD., in late December to begin research on how we could start testing for and tracking the SARS-CoV-2 variants. At Gravity part of our core mission is always to go beyond testing samples and reporting results to being a part of a larger, more comprehensive solution that makes a positive impact on and protects our community. With the pandemic, one way we are doing that is by providing more information to the experts who are tracking and coordinating efforts in the field, not just the baseline 'positive and negative' test results. This recent assistance in the discovery of the first two variants of the U.K. strand is a testament to the dedication and expertise of our clinical team. I could not be prouder and we will continue to expand and support these efforts," said Julie Brazil, chief operating officer at Gravity Diagnostics.

About Gravity Diagnostics Gravity Diagnostics is a full-service state-of-the-art CLIA laboratory licensed in all 50 states providing innovative laboratory testing in the areas of COVID-19, Upper Respiratory, Toxicology, Pharmacogenomics, and Sexually Transmitted Infections. We are an advocate for physicians, patients, and our communities, supporting them with unsurpassed integrity, regulatory compliance, and clinical expertise. We currently service over 750 customers from small private practices, to universities, to Fortune 500 companies. Media contact: [emailprotected]. For more information, visit http://www.gravitydiagnostics.com.

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Gravity Diagnostics Coordination with Kentucky Department of Health Leads to Findings of First Cases of UK COVID-19 Variant Identified in the State -...

The pharmacogenomics report published by Data Bridge Market research is the representation of data and analysis of the market. It gives detailed analysis of the current market scenario and a market forecast till 2026. The data included in this pharmacogenomics report provides detailed information of the geographic landscape, competitive scenarios and upcoming opportunities in the Industry. The inclusion of the statistical records in the pharmacogenomics report helps in authenticating the results that are being presented and thus provide a clear vision and indication to clients in understanding the response of the participants.

Global pharmacogenomics market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market is growing at a healthy CAGR in the above-mentioned research forecast period. Emerging markets and huge investment in research and development are the factors responsible for the growth of this market.

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The major players covered in the global pharmacogenomics market are Abbott, AstraZeneca, Bayer AG, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc, OPKO Health, Inc, Teva Pharmaceutical Industries Ltd, Myriad Genetics, Inc., QIAGEN,OneOme, LLC, Illumina, Inc, Empire Genomics, LLC, and Dynamic DNA Laboratories among others.

Global Pharmacogenomics Market Scope and Market Size

Pharmacogenomics market is segmented on the basis of technology, application, end-users and distribution channel.

Patient Epidemiology Analysis

Pharmacogenomics market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

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Pharmacogenomics Market Country Level Analysis

Pharmacogenomics market is analysed and market size information is provided by country, technology, application, end-users and distribution channel as referenced above.

The countries covered in the global pharmacogenomics market report are U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, in the Asia-Pacific, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.

North America has been witnessing a positive growth throughout the forecasted period due to the presence of refined healthcare expenditure and increased patient awareness level as well as preference personalized medicines. Europe is considered a second largest growing regional segment owing to the growing geriatric population and rising prevalence of chronic diseases.

Points Involved in pharmacogenomics Market Report:

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Insights of the Study

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Global Pharmacogenomics Market To Witness An Outstanding Growth By 2027||Thermo Fisher Scientific Inc, OPKO Health, Inc, Teva Pharmaceutical...

A new versatile research report on Global Personalized Cancer Vaccines Market Size, Share, Growth and Forecast 2020-2027 is aimed at promising a unique approach towards provides highly efficient and accurate market research services at extremely reasonable rates. This report is made with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors.. Personalized Cancer Vaccines Market 2021 research report presents an analysis of statistical and comprehensive data of the global market. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are Neon Therapeutics, Moderna, Inc., Merck & Co., Inc., Gritstone Oncology, Personalis Inc, Genocea Biosciences, Inc., F. Hoffmann-La Roche Ltd, CureVac AG, Celldex Therapeutics, BioNTech SE, Advaxis, Inc

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Detailed Market Analysis and Insights:

Personalized cancer vaccines are the type of immunotherapy that boosts the immune system to fight against a cancerous cell. These types of vaccine are tailored to match a patients particular tumor cell after received cancer related surgery. This vaccine may prevent from cancer, destroy cancer cells and inhibit the growth of tumors cells.

According to the article published in The American Cancer Society, it was identified that the total incidence of cancer in the United States in the year 2018 were1, 735,350 and 609,640 patients die from cancer in the same year.Growing rate of incidence rate of cancer and accelerating demand of novel therapies to prevent of cancer related disorders are the key factors for lucrative growth of market.

Personalized Cancer Vaccines Market Segment Analysis:

By CancerType

By Mechanism of action Type

By Biomaker Type

The cost analysis of the Global Personalized Cancer Vaccines Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. The research carried out after the launch of a new product can help to find loopholes and devise plans to counter that loss and increase the profits. With the reliable Personalized Cancer Vaccines market research report, the chances of loss can be reduced to a large extent.

The research study evaluates the overall size of the Personalized Cancer Vaccines market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. The Personalized Cancer Vaccines report helps to recognize new areas for expansion, and increase customer base. After discovering potential customers and their needs via the winning Personalized Cancer Vaccinesreport the same can be incorporated into the clients services.

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Table of Contents

Global Personalized Cancer Vaccines Market Outlook-by Major Company, Regions, Type, Application and Segment Forecast, 2021 -2027

Chapter 1: Market Scope Personalized Cancer Vaccines

Chapter 2: Global Personalized Cancer Vaccines Industry Analysis

Chapter 3: Personalized Cancer Vaccines Market Estimates & Forecasts

Chapter 4: Value Chain (Impact of COVID-19)

Chapter 5: Competitive Analysis

Chapter 6: Industry Consumption by Regions

Chapter 7: Marketing Strategy Analysis, Distributors/Traders

Chapter 8: Manufacturing Cost Analysis

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Research Findings and Conclusion

Competitive Landscape and Personalized Cancer Vaccines Market Share Analysis:

Global personalized cancer vaccines market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of personalized cancer vaccines market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Players:

Few of the major competitors currently working in the personalized cancer vaccines market are Neon Therapeutics, Moderna, Inc., Merck & Co., Inc., Gritstone Oncology, Personalis Inc, Genocea Biosciences, Inc., F. Hoffmann-La Roche Ltd, CureVac AG, Celldex Therapeutics, BioNTech SE, Advaxis, Inc, and among others.

Market Drivers

Market Restraints

By Geographical Regions:-

Asia Pacific: China, Japan, India, and Rest of Asia Pacific

Europe: Germany, the UK, France, and Rest of Europe

North America: The US, Mexico, and Canada

Latin America: Brazil and Rest of Latin America

Middle East & Africa: GCC Countries and Rest of Middle East & Africa

Key Developments in the Market:

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If you have any special requirements, please let us know and we will offer you the report as you want.

Key Factors Of Personalized Cancer Vaccines Market Report:

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

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Personalized Cancer Vaccines Market 2021 | Know the Latest COVID19 Impact Analysis And Strategies of Key Players:Neon Therapeutics, Moderna, Inc.,...

Databridgemarketresearch.com Present Global Precision Medicine Market Industry Trends and Forecast to 2027 new report to its research database. The report first introduces the market basics like definitions, classifications, applications and industry chain overview, and then industry policies and plans, product specifications, manufacturing processes, cost structures and so on. The report highlights the change in the market which is taking place due to the moves of key players and brands such as product launches, joint ventures, mergers and acquisitions that in turns changes the view of the global face of industry. According to the report, the global market is anticipated to witness a relatively higher growth rate during the forecast period. This Global Precision Medicine Market report also evaluates the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porters Five Forces Analysis.

Global Precision Medicine Market to grow with a substantial CAGR in the forecast period of 2019-2026. Growing prevalence of cancer worldwide and accelerating demand of novel therapies to prevent of cancer related disorders are the key factors for lucrative growth of market

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Key Market Players:

Few of the major competitors currently working in the global precision medicine market are Neon Therapeutics, Moderna, Inc, Merck & Co., Inc, Bayer AG, PERSONALIS INC, GENOCEA BIOSCIENCES, INC., F. Hoffmann-La Roche Ltd, CureVac AG, CELLDEX THERAPEUTICS, BIONTECH SE, Advaxis, Inc, GlaxoSmithKline plc, Bioven International Sdn Bhd, Agenus Inc., Immatics Biotechnologies GmbH, Immunovative Therapies, Bristol-Myers Squibb Company, Gritstone Oncology, NantKwest, Inc among others.

Global Precision Medicine Market By Application (Diagnostics, Therapeutics and Others), Technologies (Pharmacogenomics, Point-of-Care Testing, Stem Cell Therapy, Pharmacoproteomics and Others), Indication (Oncology, Central Nervous System (CNS) Disorders, Immunology Disorders, Respiratory Disorders, Others), Drugs (Alectinib, Osimertinib, Mepolizumab,Aripiprazole lauroxil and Others), Route of Administration (Oral,Injectable), End- Users (Hospitals, Homecare, Specialty Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Industry Trends and Forecast to 2026

Competitive Analysis:

The precision medicine market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mass spectrometry market for global, Europe, North America, Asia Pacific and South America.

Market Drivers

Market Restraints

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Market Definition:

Precision medicines is also known as personalized medicines is an innovative approach to the patient care for disease treatment, diagnosis and prevention base on the persons individual genes. It allows doctors or physicians to select treatment option based on the patients genetic understanding of their disease.

According to the data published in PerMedCoalition, it was estimated that the USFDA has approved 25 novels personalized medicines in the year of 2018. These growing approvals annually by the regulatory authorities and rise in oncology and CNS disorders worldwide are the key factors for market growth.

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Key Developments in the Market:

Competitive Analysis:

Global precision medicine market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global precision medicine market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Segmentation:

By technology:- big data analytics, bioinformatics, gene sequencing, drug discovery, companion diagnostics, and others.

By application:- oncology, hematology, infectious diseases, cardiology, neurology, endocrinology, pulmonary diseases, ophthalmology, metabolic diseases, pharmagenomics, and others.

On the basis of end-users:- pharmaceuticals, biotechnology, diagnostic companies, laboratories, and healthcare it specialist.

On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

About Data Bridge Market Research:

Data Bridge Market Researchset forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Data Bridge Market Research

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Global Precision Medicine Market Future Demand (COVID 19 Impact Analysis) & Growth Analysis with Forecast up to 2027 KSU | The Sentinel Newspaper...

The report titled Genotyping Assay Market by Products & Services (Reagents & Kits, Genotyping Services, Instruments, and Bioinformatics), by Technology (PCR, Microarrays, Sequencing, Capillary Electrophoresis, MALDI-Tof MS, and Others), by Application (Pharmacogenomics, Di utilizing diverse methodologies aims to examineand put forth in-depth and accurate data regarding the globalGenotyping Assay Market.To begin with, the report comprises the major players actively participating and competing within theGenotyping Assay Market; it entails several companies, manufacturers, suppliers, organizations, and so on. Thus, the report will assist in understanding the initiatives and approaches implemented by these players to create and reinforce their market presence.The report is segregated into different well-defined sections to provide the reader with an easy and understandable informational document. Further, each section is elaborated with all the required data to gain knowledge about the market before entering it or reinforcing their current foothold. The report is divided into:

Request Free Sample Report of Genotyping Assay Market Report @https://www.zionmarketresearch.com/sample/genotyping-assay-market

TheGenotyping Assay Marketreport through its overview sectionprovides the overall scenario and dynamics of the globalGenotyping Assay Marketwith it definition and others details. Further, the key player and competitivelandscape segmentof the report enlist the various players actively participating and competing in the global market. The report also entails the new market entrants.

The key major market players include:Thermo Fisher Scientific, Inc., Illumina, Inc., Roche Diagnostics Limited, Danaher Corporation, Qiagen N.V., Fluidigm Corporation

The report encompasses the leading manufacturers along with their respective share in the global market in terms of revenue. Moreover, it mentions their tacticalsteps in the last few years, leadership changes, and product innovationinvestmentsto help in making well-informed decision and also to stay at forefront in the competition.

Download Free PDF Report Brochure @https://www.zionmarketresearch.com/requestbrochure/genotyping-assay-market

Moving to the growth drivers and restraints section, one will be presented with all factors that are directly or indirectly aiding the growth of the globalGenotyping Assay Market. To get acquainted with the markets growth statistics, it is essential to assess the several drivers of the market. In addition, the report also puts forth the existing trends along with new and possible growth opportunities in the global market.Moreover, the report includes the factors that can possibly hinder the growth of the market. Understanding these factors is similarlycrucial as they aid in comprehending the markets weaknesses.

The segmentation of the globalGenotyping Assay Marketsegregates the market based on different aspects such as Type, Application, end use industry and region. Further, each segment is elaborated providing all the vital details along with growth analysis for the forecast period. The report also divides the market by region into North America, Europe, AsiaPacific, the Middle East & Africa, and Latin America. The regional analysis covers the volume and revenue assessment of every region along with their respective countries. In addition, the report also entails various market aspects such as import & export, supply chain value, market share, sales, volume, and so on.

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Primary and secondary approaches are being used by the analysts and researchers to compile thesedata. Thus, thisGenotyping Assay Marketis intended at directing the readers to a better, apprehensive, and clearer factsand data of the globalGenotyping Assay Market.

Research objectives

Frequently Asked Questions

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the clients needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to usafter allif you do well, a little of the light shines on us.

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Global Genotyping Assay Market Factors Boosting Industry To Record An Impressive Growth The Courier - The Courier

Pharmacogenomics is the study of how genes affect a persons response to drugs. This relatively new field combines pharmacology (the science of drugs) and genomics (the study of genes and their functions) to develop effective, safe medications and doses that will be tailored to a persons genetic makeup.

Many drugs that are currently available are one size fits all, but they don't work the same way for everyone. It can be difficult to predict who will benefit from a medication, who will not respond at all, and who will experience negative side effects (called adverse drug reactions). Adverse drug reactions are a significant cause of hospitalizations and deaths in the United States. With the knowledge gained from the Human Genome Project, researchers are learning how inherited differences in genes affect the bodys response to medications. These genetic differences will be used to predict whether a medication will be effective for a particular person and to help prevent adverse drug reactions. Conditions that affect a persons response to certain drugs include clopidogrel resistance, warfarin sensitivity, warfarin resistance, malignant hyperthermia, Stevens-Johnson syndrome/toxic epidermal necrolysis, and thiopurine S-methyltransferase deficiency.

The field of pharmacogenomics is still in its infancy. Its use is currently quite limited, but new approaches are under study in clinical trials. In the future, pharmacogenomics will allow the development of tailored drugs to treat a wide range of health problems, including cardiovascular disease, Alzheimer disease, cancer, HIV/AIDS, and asthma.

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What is pharmacogenomics?: MedlinePlus Genetics

DBMR has added a new report titled Pharmacogenomics Market with analysis provides the insights which bring marketplace clearly into the focus and thus help organizations make better decisions. This Pharmacogenomics Market report emphasizes on the detailed understanding of the some decisive factors such as size, share, sales, forecast trends, supply, production, demands, industry and CAGR in order to provide a comprehensive outlook of the global market. The conventional data in the global market report is presented in a graphical form while highlighting the proposed statistics. It also comprises of vendors, suppliers and key players in the global market. The unique data presented in the report are evaluated with an instinctive and scientific way in order to get a better understanding of the global market.

This Pharmacogenomics Market research report analyzes top players in the key regions like North America, South America, Middle east and Africa, Asia and Pacific region. It delivers insight and expert analysis into key consumer trends and behavior in market place, In addition to an overview of the market data and key brands. It also provides all data with easily digestible information to guide every businessmans future innovation and move business ahead.

Global pharmacogenomics market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market is growing at a healthy CAGR in the above-mentioned research forecast period. Emerging markets and huge investment in research and development are the factors responsible for the growth of this market.

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Competitive Landscape and Global Pharmacogenomics Market Share Analysis

Pharmacogenomics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies focus related to global pharmacogenomics market.

The major players covered in the global pharmacogenomics market are Abbott, AstraZeneca, Bayer AG, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc, OPKO Health, Inc, Teva Pharmaceutical Industries Ltd, Myriad Genetics, Inc., QIAGEN,OneOme, LLC, Illumina, Inc, Empire Genomics, LLC, and Dynamic DNA Laboratories among others.

The factors primarily driven the growth of pharmacogenomics market are high adoption of personalized therapy. In addition, high prevalence of life-threatening disorders globally and improvement in molecular techniques for developing pharmacogenomics-based therapeutics are some of the impacting factors for the growth of this market. Nevertheless, less trained expertise or technically skilled professionals and coupled with difficulties in terracing gene variation that significantly affects the drug response are the factors that hinder the growth of this market.

Pharmacogenomics is the study of how human genes affect the way bodies responds to the medications. It is emerging field which combines the pharmacology and genomics to develop highly effective and right or safe medicines tailored to the patients genetic makeup.

Grab Your Report at an Impressive 30% Discount! Please click Here @https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-pharmacogenomics-market&pm

Global Pharmacogenomics Market Scope and Market Size

Pharmacogenomics market is segmented on the basis of technology, application, end-users and distribution channel.

Table of Contents-Snapshot

Executive SummaryChapter 1 Industry OverviewChapter 2 Industry Competition by ManufacturersChapter 3 Industry Production Market Share by RegionsChapter 4 Industry Consumption by RegionsChapter 5 Industry Production, Revenue, Price Trend by TypeChapter 6 Industry Analysis by ApplicationsChapter 7 Company Profiles and Key Figures in Industry BusinessChapter 8 Industry Manufacturing Cost AnalysisChapter 9 Marketing Channel, Distributors and CustomersChapter 10 Market DynamicsChapter 11 Industry ForecastChapter 12 Research Findings and ConclusionChapter 13 Methodology and Data Source

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Pharmacogenomics Market Country Level Analysis

Pharmacogenomics market is analysed and market size information is provided by country, technology, application, end-users and distribution channel as referenced above.

The countries covered in the global pharmacogenomics market report are U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, in the Asia-Pacific, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.

North America has been witnessing a positive growth throughout the forecasted period due to the presence of refined healthcare expenditure and increased patient awareness level as well as preference personalized medicines. Europe is considered a second largest growing regional segment owing to the growing geriatric population and rising prevalence of chronic diseases.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Patient Epidemiology Analysis

Pharmacogenomics market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Pharmacogenomics Market: Incredible Possibilities, Growth With Industry Study, Detailed Analysis And Forecast To 2020 2027 - KSU | The Sentinel...

Databridgemarketresearch.com Present Pharmacogenomics Market Industry Trends and Forecast to 2027 new report to its research database. This analysis offers an examination of a range of segments that are relied upon to witness the quickest development amid the estimate forecast frame. The company profiles of all the key players and brands that are dominating the Pharmacogenomics Market with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned in the report. A complete discussion about numerous market related topics in this research report is sure to aid the client in studying the market on competitive landscape. This report also gives you an idea about consumers demands, preferences, and their altering likings about particular product.

Global pharmacogenomics market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market is growing at a healthy CAGR in the above-mentioned research forecast period. Emerging markets and huge investment in research and development are the factors responsible for the growth of this market.

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Competitive Landscape and Global Pharmacogenomics Market Share Analysis

Pharmacogenomics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies focus related to global pharmacogenomics market.

The major players covered in the global pharmacogenomics market are Abbott, AstraZeneca, Bayer AG, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc, OPKO Health, Inc, Teva Pharmaceutical Industries Ltd, Myriad Genetics, Inc., QIAGEN,OneOme, LLC, Illumina, Inc, Empire Genomics, LLC, and Dynamic DNA Laboratories among others.

The factors primarily driven the growth of pharmacogenomics market are high adoption of personalized therapy. In addition, high prevalence of life-threatening disorders globally and improvement in molecular techniques for developing pharmacogenomics-based therapeutics are some of the impacting factors for the growth of this market. Nevertheless, less trained expertise or technically skilled professionals and coupled with difficulties in terracing gene variation that significantly affects the drug response are the factors that hinder the growth of this market.

Pharmacogenomics is the study of how human genes affect the way bodies responds to the medications. It is emerging field which combines the pharmacology and genomics to develop highly effective and right or safe medicines tailored to the patients genetic makeup.

Grab Your Report at an Impressive 30% Discount! Please click Here @https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-pharmacogenomics-market&pm

Global Pharmacogenomics Market Scope and Market Size

Pharmacogenomics market is segmented on the basis of technology, application, end-users and distribution channel.

Table of Contents-Snapshot

Executive SummaryChapter 1 Industry OverviewChapter 2 Industry Competition by ManufacturersChapter 3 Industry Production Market Share by RegionsChapter 4 Industry Consumption by RegionsChapter 5 Industry Production, Revenue, Price Trend by TypeChapter 6 Industry Analysis by ApplicationsChapter 7 Company Profiles and Key Figures in Industry BusinessChapter 8 Industry Manufacturing Cost AnalysisChapter 9 Marketing Channel, Distributors and CustomersChapter 10 Market DynamicsChapter 11 Industry ForecastChapter 12 Research Findings and ConclusionChapter 13 Methodology and Data Source

For More Insights Get FREE Detailed TOC @https://www.databridgemarketresearch.com/toc/?dbmr=global-pharmacogenomics-market&pm

Pharmacogenomics Market Country Level Analysis

Pharmacogenomics market is analysed and market size information is provided by country, technology, application, end-users and distribution channel as referenced above.

The countries covered in the global pharmacogenomics market report are U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, in the Asia-Pacific, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.

North America has been witnessing a positive growth throughout the forecasted period due to the presence of refined healthcare expenditure and increased patient awareness level as well as preference personalized medicines. Europe is considered a second largest growing regional segment owing to the growing geriatric population and rising prevalence of chronic diseases.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Patient Epidemiology Analysis

Pharmacogenomics market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818

UK: +44 208 089 1725

Hong Kong: +852 8192 7475

Email @ Corporatesales@databridgemarketresearch.com

Read the original here:
Pharmacogenomics Market Research Study including Growth Factors, New Top Players, Competitive Analysis by regions from 2020 to 2027 - The Courier

This article was originally published here

Pharmacogenomics. 2020 Oct 30. doi: 10.2217/pgs-2020-0066. Online ahead of print.

ABSTRACT

Background: Despite potential benefits, the practice of incorporating pharmacogenomics (PGx) results in clinical decisions has yet to diffuse widely. In this study, we conducted a review of recent discussions on data standards and interoperability with a focus on sharing PGx test results among health systems. Materials & methods: We conducted a literature search for PGx clinical decision support systems between 1 January 2012 and 31 January 2020. Thirty-two out of 727 articles were included for the final review. Results: Nine of the 32 articles mentioned data standards and only four of the 32 articles provided solutions for the lack of interoperability. Discussions: Although PGx interoperability is essential for widespread implementation, a lack of focus on standardized data creates a formidable challenge for health information exchange. Conclusion: Standardization of PGx data is essential to improve health information exchange and the sharing of PGx results between disparate systems. However, PGx data standards and interoperability are often not addressed in the system-level implementation.

PMID:33124487 | DOI:10.2217/pgs-2020-0066

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The inclusion of health data standards in the implementation of pharmacogenomics systems: a scoping review - DocWire News

Imaging is now becoming an increasing important tool in both clinical and research. A wide range of imaging techniques commercially available provides sensitivity to visualization of brain structure and function from the level of individual molecules to whole brain. Hence, brain imaging helps the researchers or the physicians to identify the area of brain which are affected by neurological disorders. Moreover, brain imaging also help in formulating new strategies for the treatment of brain disorders and similarly enable imaging of the brain structure or for the diagnosis of metabolic diseases. Imaging methods are non invasive which also allow researchers to identify neural networks involved in the cognitive pathway. Likewise, neuroinformatics is the branch of science which is related with the organization of neuroscience data by the application of analytical tools and computational models. Neuroinformatics comprises multidimensional databases and software systems that store and analyze data from the genetic to the behavioral level. Similarly, biomarkers is defined as measurable indicator that are used for identification of particular disease. Biomarkers are used for identification of progress of disease, evaluation of most effective therapeutic regime for particular or drug target identification. Thus, in the field of neuroscience biomarker plays an essential role in identification of number of neurological disorders and abnormalities.

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Factors such as increase in geriatric population, investment in R&D and improved understanding of the nature of neurologic diseases are driving the market growth globally. Since, aged population is more prone to brain disorders therefore; increase in geriatric population will likely increase the neurodiagnostics market worldwide. Additionally, as per the World Health Organization, by 2020 nearly 14.1% of the world population will suffer from neurologic disorders which would further lure manufacturers to venture into this market.

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The market for neurodiagnostics can be segmented on the basis of three primary market segments neuroimaging market, in vitro diagnostics market and neuroinformatics market. Neuroimaging segment can be categorized into computed tomography (CT), nuclear medicine imaging (PET, SPECT), magneto-encepahlography (EEG), electro-encephalography and other imaging software. In vitro diagnostics segments can be subdivided into protein biomarker assay, pattern recognition diagnostics, genetic testing and pharmacogenomics. Likewise, the market for neuroinformatics is subdivided into software used for diagnostics and storage namely IBM Blue Brain Project, Paul Allen Brain Atlas Project and other software. Brain imaging techniques allows the technicians to visualize how quickly drugs reach to the receptors and their action mechanism. Moreover, these techniques also allow visualization of changes in brain activity after long term usage of drug.

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Geographically, the market for brain imaging, neuroinformatics and biomarkers can be segmented into four regions namely North America, Europe, Asia-Pacific and Rest of the World. Currently North America and Europe account for the largest share of the market. It has been estimated that approximately 100 million people are suffering from brain or nervous system disorders such as Alzheimers disease, schizophrenia, Parkinsons disease, sleep disorders and others. Likewise, according to the National Institute of Mental Health in the U.S. about 1 in 4 adults suffer from brain disorders every year, with almost 6% of the population suffer from serious disabilities. Thus, for the diagnosis of these disorders rapidly new tools are being developed for more patients centered and personalized treatment. In the near future Asia-Pacific region is expected to witness significant growth to meet the massive unmet need for early diagnosis and disease monitoring.

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Abbot Diagnostics, Brain Resource, Advanced Brain Monitoring, Electrical Geodesics, Johnson & Johnson, GE Healthcare, NeuroVigil, Bio-Rad, Philips Healthcare, Quest Diagnostics, Aspect Medical (Covidien), NeuroVista, Natus Medical, BrainScope, Zynex and others are some of the major players operating in brain imaging, neuroinformatics and biomarkers market.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers or customers journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Brain Imaging, Biomarkers and NeuroInformatics Market to Witness Exponential Growth by 2024 - PRnews Leader

DUBLIN, Dec. 30, 2021 /PRNewswire/ -- The "Europe Molecular Diagnostics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

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The European molecular diagnostics market was valued at USD 3,435 million in 2020, and it is expected to reach USD 7,790 million in 2026, registering a CAGR of 8.57% during the forecast period.

The COVID-19 outbreak is expected to positively impact the European molecular diagnostics market, as it involves the testing of various biological samples.

This is expected to aid the diagnosis of infectious diseases, such as COVID-19, as testing remains a crucial step in controlling the COVID-19 pandemic. Molecule diagnostics technology, such as next-generation sequencing, PCR, microarrays, etc., is increasingly adopted in the region for testing for severe acute respiratory syndrome-coronavirus 2 (SARS-CoV-2).

Factors, such as the increasing burden of various bacterial and viral epidemics in this region, coupled with increasing demand for point-of-care diagnostics and recent advancements in pharmacogenomics, are expected to propel market growth over the forecast period.

As per the report published in 2019, HIV outcomes: Beyond Viral Suppression, around 86,000 people in Germany were living with HIV, whereas around 20% of the diseased population were living in Berlin.

Additionally, according to the estimates of the British Heart Foundation, in 2018, around 7 million people were living with heart and circulatory diseases in the United Kingdom, and healthcare costs relating to the heart and circulatory diseases were estimated at GBP 9 billion each year.

Thus, the heavy burden of chronic disease is anticipated to increase the adoption of molecular diagnostics in the region.

Key Market Trends

The Infectious Disease Segment is Expected to Hold the Major Market Share

The infectious disease segment is anticipated to hold one of the major market shares over the forecast period. The segment is driven by the huge burden of infectious disease in the European region. For instance, sexually transmitted infections (STIs) represent an important public health problem in the United Kingdom.

Story continues

According to the Health Protection Report 2019, 447,694 new STI diagnoses were made at sexual health services (SHSs) in England. Among these, the most commonly diagnosed STIs were chlamydia (218,095; 49% of all new STI diagnoses), first episode genital warts (57,318; 13%), gonorrhoea (56,259; 13%), and genital herpes (33,867; 8%). Therefore, a rise in the prevalence of such infectious disorders is expected to fuel the market growth during the forecast period.

Moreover, players in the region are expanding their regional market position by adopting various strategies, such as mergers and acquisitions, while others are developing new test methods for the diagnosis and introducing new products to retain their market share.

For instance, in May 2021, Swiss pharmaceutical giant, Roche, entered into a definitive merger agreement with GenMark Diagnostics, under which Roche may acquire GenMark's molecular tests designed to screen patient samples for multiple infections simultaneously. Hence, considering all the factors mentioned above, the market is expected to witness growth over the forecast period.

Competitive Landscape

The European molecular diagnostics market is competitive due to the presence of almost all global players in the molecular diagnostics market. Many of these global players have their headquarters in European countries, which increases the accessibility of molecular diagnostics tests throughout Europe.

Abbott Laboratories, F Hoffmann-la Roche Ltd, Hologic Corporation, Danaher Corporation, and Agilent Technologies are some of the key players present in the European molecular diagnostics market. Many of the key players also have their R&D centers in Europe, which makes the availability of various products easier in the region.

Companies Mentioned

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European Molecular Diagnostics Market 2021-2026: Infectious Disease Segment is Expected to Hold the Major Market Share - Yahoo Finance

Sports and Fitness Genomics and Pharmacogenomics Market research report is the new statistical data source added by A2Z Market Research.

Sports and Fitness Genomics and Pharmacogenomics Market is growing at a High CAGR during the forecast period 2021-2027. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market.

Sports and Fitness Genomics and Pharmacogenomics Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

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Note In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

Top Key Players Profiled in this report are:

GeneDx, Assurex Health, 23andMe, Teva Pharmaceutical Industries, Future Science Group, Myriad Genetics, Pathway Genomics, GeneTech.

The key questions answered in this report:

Various factors are responsible for the markets growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Sports and Fitness Genomics and Pharmacogenomics market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Sports and Fitness Genomics and Pharmacogenomics markets trajectory between forecast periods.

Global Sports and Fitness Genomics and Pharmacogenomics Market Segmentation:

Market Segmentation: By Type

MicroarraySequencingPolymerase Chain ReactionOthers

Market Segmentation: By Application

OncologyCardiologyNeurological DisordersOthers

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Regions Covered in the Global Sports and Fitness Genomics and Pharmacogenomics Market Report 2021: The Middle East and Africa (GCC Countries and Egypt) North America (the United States, Mexico, and Canada) South America (Brazil etc.) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

The cost analysis of the Global Sports and Fitness Genomics and Pharmacogenomics Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as Supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Sports and Fitness Genomics and Pharmacogenomics market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Sports and Fitness Genomics and Pharmacogenomics market.

Table of Contents

Global Sports and Fitness Genomics and Pharmacogenomics Market Research Report 2021 2027

Chapter 1 Sports and Fitness Genomics and Pharmacogenomics Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Sports and Fitness Genomics and Pharmacogenomics Market Forecast

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Comprehensive Report on Sports and Fitness Genomics and Pharmacogenomics Market 2021 | Trends, Growth Demand, Opportunities & Forecast To 2027...

AccessDX Holdings, which develops an array of lab diagnostics and decision support tools, announced this week that it has acquired 2bPrecise from Allscripts.

WHY IT MATTERS2bPrecise specializes in helping health systems advance precision medicine projects by aggregating genetic and genomic data from labs and clinical data from electronic health records and helping bring it into clinician workflows helping with faster diagnosis of for heritable conditions, and more efficient targeting of personalized treatment plans.

Its addition to the AccessDX portfolio which includes the MedTek21 platform for diagnostic-based CDS will help provider and other customers as they establish, build and advance precision medicine programs.

THE LARGER TRENDClinical integration of genetics and genomics is advancing across an array of specialties not just oncology and cardiology but neonatology, pediatrics and behavioral health. But easy access to that data within the EHR is essential to gaining clinician buy-in and enabling precision insights for improved patient outcomes.

Still many smaller providers think precision medicine is beyond their means. That's not true, however. In interviews with Healthcare IT News, 2bPrecise co-founder and Chief Medical Officer Dr. Joel Diamond has said that pharmacogenomics is one logical entry point.

At HIMSS21 earlier this month, UPMC CMIO Dr. Robert Bart said he shared that sentiment.

"In the pharmacogenomics space, there's opportunity for all levels of healthcare systems to be involved," he said predicting that that precision med discipline would soon "filter down and become the standard of care."

He added: "One of the reasons I'm so high on pharmacogenomics is that there can be a big benefit on medication adherence.

"There's a nice opportunity where the payers are aligned, because they feel there's financial benefit in healthcare. The clinical side is aligned, because they feel that they can get better therapy and therapeutic treatment for the patient. And the patients are aligned because they want the right medication at the right dose for them personally."

ON THE RECORD"We're thrilled to welcome the 2bPrecise team and platform as we execute on our combined vision for democratizing the use, interpretation and delivery of advanced diagnostic solutions at the point of care," said Joe Spinelli, SVP of Product & Strategy for AccessDX. "Combined, our worldwide organization will be able to accelerate the pace of innovation and best serve the needs of healthcare organizations that continue to expand their adoption of actionable precision medicine solutions."

"AccessDX is a genuine leader in genomic information management. Our collective capabilities will serve as a force multiplier for the practical utilization of precision medicine," said Assaf Halevy, founder and CEO of 2bPrecise. "With a unified mission to drive dimensional change in healthcare, the combined talents and energy of 2bPrecise and AccessDX will compound acceleration in delivering on our vision of intelligent, personalized care for the good of healthcare organizations and the patients they serve."

Twitter:@MikeMiliardHITNEmail the writer:mike.miliard@himssmedia.comHealthcare IT News is a HIMSS publication.

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2bPrecise acquired from Allscripts by AccessDX - Healthcare IT News

ATLANTA, Dec. 16, 2020 /PRNewswire/ -- Elite Testing and Wellness at the Chastain Surgery Center is excited to announce the launch of innovative genetic testing and IV drip therapy services in the Atlanta market. The DNA tests are the future of health optimization and include a DNA fitness test, micronutrient test, pharmacogenomics test, and a food sensitivity test. Alongside the launch of genomic testing products, Elite is launching a full suite of IV therapy products. The IV Drips available at Elite will include a Beauty Drip, Immunity Drip, Hangover Drip, All-In-One Drip, Meyer's Cocktail Drip, and a Pre & Post Surgery Drip. Elite will also offer Custom IV Drips based on your micronutrient analysis to address vitamin and mineral deficiencies.

"We are excited about the launch of all the new products and services at Elite," says Managing Director of Elite Testing and Wellness, Courtney Rodriguez. "We started this business earlier in 2020 to help address the need for reliable, fast COVID-19 testing. As more providers have entered the area, we are transitioning the company to focus on the next generation of health optimization. We believe these new products and services are going to allow the people of Atlanta to take control of their health with some of the most innovative technology and approaches used around the world."

Elite Testing and Wellness is a new DNA testing center & IV Drip Therapy lounge in Atlanta. The DNA testing products and IV Therapy services work together to create a holistic approach to the future of health. With DNA testing, Elite helps patients gain access to important genetic data analysis on the impact of fitness, diet, pharmaceuticals, and more on their health. Elite works with patients to develop a fitness plan, diet plan, and IV therapy plan for optimal health & performance based on the patient's genetics.

Dr. Alan N. Larsen, Medical Director of Elite Testing and Wellness, had this to say, "We are proud to add Elite Testing & Wellness to the Alan N. Larsen Family of Brands alongside Buckhead Plastic Surgery, LUX Med Spa, and Chastain Surgery Center. The launch of these innovative products & services gives Atlanta a luxurious location for the future of health optimization."

To learn more about DNA Testing & IV Therapy, contact Elite Testing and Wellness at 404.689.6860

SOURCE Elite Testing and Wellness

Continued here:
Elite Testing and Wellness Launches Innovative DNA Testing and IV Therapy in the Atlanta Market - PRNewswire

Context

The promise of precision medicine hinges on our ability to use highly personal data about individuals and populations to prevent, screen, diagnose or treat patients with disease.

Healthcare providers are increasingly using genetic information as a routine part of prenatal, pediatric and cardiovascular care. The use of genetic information is even more common in the areas of rare disease, oncology and pharmacogenomics (looking at how genes affect a person's response to drugs).

Beyond these more specialized disciplines, population screening for actionable hereditary health risks is of interest to many healthcare organizations. The explosion in popularity of direct to consumer genetic testing is allowing many members of the public to learn more about their predisposition to certain health conditions like cancer and heart disease. Patients and the general public want to consider this information in health and healthcare decisions, and researchers, along with innovators in the genetic testing and support services industry, are increasingly advocating for its inclusion in clinical practice.

Many experts and innovators argue that genetic testing should become a routine part of clinical care as a means to identify and treat diseases. It would enable a more proactive approach to identifying risks and establishing management strategies for a population-wide precision medicine experience.

Most healthcare organizations and physicians are not incorporating these tests into routine practice. After an extensive scoping exercise, the Forums precision medicine team found that the most significant barrier to moving genetic testing into clinical practice for broader populations is the lack of coverage for genomic testing i.e., that a physician or healthcare institution will not be reimbursed for the process of ordering and returning the results of a test.

While this is an over simplification of the complexity of the situation, there is general discomfort that the science on which many of todays genetic and genomic tests are based is still evolving, and thus many physicians and payers are unsure of the utility of genetic testing to drive clinical care decisions in the large, diverse populations they serve.

We plan to explore, design and test incentives to accelerate building the evidence base for clinical efficacy and utility as a way to increase coverage of genetic testing and screening. Increasing the evidence base serves two purposes: to improve physician comfort with the clinical utility of such tests and to demonstrate to payers that tests do elicit action for the populations that they cover. Increasing the incentives for payers to cover genetic tests would allow clinicians and patients to significantly contribute to building the evidence base for the utility of genetic tests in real world settings. This in turn enables population-wide genetic testing that, over time, will drive our ability to personalize the way we treat, mitigate or manage health risks to patient populations. This project will involve several steps:

- Validate key barriers to genetic screening and testing, considering different models of healthcare delivery, cultural and ethical expectations, and stages of healthcare-system development

- Determine which genetic testing use case(s) can be the focus of stakeholder dialogues and activities

- Create original, new analysis of the economic value of genetic testing across four use cases: cancer testing, rare disease testing, population health testing, and carrier testing

- Identify, design and pressure test incentives to address the gaps leading to low or inconsistent levels of coverage

Impact

The project will address a foundational element of precision medicine: our ability to effectively deploy genetic screening and testing into routine clinical care. To do so, healthcare providers must be confident that genetic screening tests provide them with value and with actionable results for the populations which they serve. Payers need to know that tests are clinically actionable, and lead to improved outcomes for patients. This project will focus on the value of genetic testing and incentives to generate sufficient proof of the utility genetic testing for healthcare providers and the payer community globally.

Read more from the original source:
Moving Genomics to the Clinic - World Economic Forum

DBMR has added a new report titled Global Genomic Medicine Market with analysis provides the insights which bring marketplace clearly into the focus and thus help organizations make better decisions. The Global Genomic Medicine Market research report offers the market insights from the statistics, gathered from the reliable market information such as manufacturers, channel partners, decision-makers and regulatory bodies. It outlines segment of the market investigates progression such as drivers, limitations and opportunities that at present strongly affect the market and could impact the market in future, Market share analysis mentioned in this report with a specific end goal to clarify the intensity of rivalry between driving market players working over the globe. It validated primary and secondary research methodology and data sources that are implied to collect key information like market size, trends, revenue and analysis.

The main objective of this Global Genomic Medicine Market report is to analyze the opportunities, threats and market drivers. Key insights like competitive industry scenario, gross margin analysis, price structure and cost analysis. It correctly calculates the global market share of important sections, regions and businesses. This research report examines the international market on the business plan based on numerous business verticals.

Genomicmedicinemarket is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to grow at a CAGR of 9.70% in the above-mentioned forecast period. Increasing scientific research on genomic medicine is expected to create new opportunity for the market.

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Genomic medicine is that part of the science which uses genomic information for the study of our DNA and their interactions with the health. They have the ability get the details about the typical biological information of an individual and use them to offer effective treatment.

Rising government investment in theprecision medicineis expected to drive the market growth. Some of the other factors such as increasing application area of genome, increasing number of genomics project and increasing usage for advanced sequencing in cancer pharmacogenomics & rare disorder diagnosis which will further accelerate the genomic medicine market in the forecast period of 2020 to 2027.

Dearth of awareness among healthcare providers, volatility in the regulation scenario and lack of adoption of genomic medicine will hamper the market growth.

Competitive Landscape and Genomic Medicine Market Share Analysis

Genomic medicine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies focus related to genomic medicine market.

The major players covered in the genomic medicine market report are BioMed Central Ltd, Cleveland Clinic., Genome Medical, Inc., Aevi Genomic Medicine, Inc., DEEP GENOMICS, Congenica Ltd., Editas Medicine, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Genomic Medicine Market Scope and Market Size

Genomic medicine market is segmented of the basis of application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

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Genomic Medicine Market Country Level Analysis

Genomic medicine market is analysed and market size insights and trends are provided by application and end user as referenced above.

The countries covered in the genomic medicine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the genomic medicine market in the forecast period of 2020 to 2027. This is due to increasing R&D in the genomic medicine and availability of various universities offering education programs on genomic medicine.

The country section of the genomic medicine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure growth Installed base and New Technology Penetration

Genomic medicine market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipments, installed base of different kind of products for genomic medicine market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the genomic medicine market. The data is available for historic period 2010 to 2018.

Customization Available: Global Genomic Medicine Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.

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Here is the original post:
Global Genomic Medicine Market Analysis With Key Players, Applications, Trends And Forecasts 2028 - KSU | The Sentinel Newspaper

This article was originally published here

OMICS. 2020 Dec 10. doi: 10.1089/omi.2020.0208. Online ahead of print.

ABSTRACT

Pharmacogenomics, nutrigenomics, vaccinomics, and the nascent field of plant omics are examples of variability science. They are embedded within an overarching framework of personalized medicine. Across these public health specialties, the significance and biology of the placebo response have been historically neglected. A placebo is any substance such as a sugar pill administered in the guise of medication, but one that does not have pharmacological activity. Placebos do have clinical effects, however, that can be substantive in magnitude and vary markedly from person-to-person depending, for example, on the type of disease, symptoms, or clinical trial design. Research over the past several decades attests to a genuine neurobiological basis for placebo effects. All drugs have placebo components that contribute to their overall treatment effect. Placebos are used in clinical trials as control groups to ascertain the net pharmacological effect of a drug candidate. Not only less well known but also relevant to rational therapeutics and personalized medicine is the nocebo. A nocebo effect occurs when an inert substance is administered in a context that induces negative expectations, worsening patients symptoms. With the COVID-19 pandemic, there are high public expectations for new vaccines and medicines to end the contagion, while at the same time antiscience, post-truth, and antivaccine movements are worrisomely on the rise. These social movements, changes in public health cultures, and conditioned behavioral responses can trigger both placebo and nocebo effects. Hence, in clinical trials, forecasting and explaining placebo and nocebo variability are more important than ever for robust science and personalized health care. Against this overarching context, this article provides (1) a brief history of placebo and (2) a discussion on biology, mechanisms, and variability of placebo effects, and (3) discusses three emerging new concepts: placebogenomics, nocebogenomics, and augmented placebo, that is, the notion of a placebo dose. We conclude with a roadmap for placebogenomics, its synergies with the nascent field of social pharmacology, and the ways in which a new taxonomy of drug and placebo variability can be anticipated in the next decade.

PMID:33305994 | DOI:10.1089/omi.2020.0208

Link:
Rethinking Clinical Trials and Personalized Medicine with Placebogenomics and Placebo Dose - DocWire News

Global Pharmacogenomics Market Industry Trends and Forecast to 2027 New Research Report Added to Databridgemarketresearch.com database. The report width Of pages : 350 Figures: 60 And Tables: 220 in it. To build an influential report, detailed market analysis has been conducted with the inputs from industry experts. By working on a number of steps for collecting and analysing market data, this supreme market research report is prepared with the expert team. It describes various definitions and segmentation or classifications of the industry, applications of the industry and value chain structure. Businesses can obtain a complete knowhow of general market conditions and tendencies with the information and data involved in the credible Global Pharmacogenomics Market business report. The foremost areas of market analysis such as market definition, market segmentation, competitive analysis and research methodology are looked upon very vigilantly and precisely throughout the report.

Global pharmacogenomics market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market is growing at a healthy CAGR in the above-mentioned research forecast period. Emerging markets and huge investment in research and development are the factors responsible for the growth of this market.

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Competitive Landscape and Global Pharmacogenomics Market Share Analysis

Pharmacogenomics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies focus related to global pharmacogenomics market.

The major players covered in the global pharmacogenomics market are Abbott, AstraZeneca, Bayer AG, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc, OPKO Health, Inc, Teva Pharmaceutical Industries Ltd, Myriad Genetics, Inc., QIAGEN,OneOme, LLC, Illumina, Inc, Empire Genomics, LLC, and Dynamic DNA Laboratories among others.

The factors primarily driven the growth of pharmacogenomics market are high adoption of personalized therapy. In addition, high prevalence of life-threatening disorders globally and improvement in molecular techniques for developing pharmacogenomics-based therapeutics are some of the impacting factors for the growth of this market. Nevertheless, less trained expertise or technically skilled professionals and coupled with difficulties in terracing gene variation that significantly affects the drug response are the factors that hinder the growth of this market.

Pharmacogenomics is the study of how human genes affect the way bodies responds to the medications. It is emerging field which combines the pharmacology and genomics to develop highly effective and right or safe medicines tailored to the patients genetic makeup.

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Global Pharmacogenomics Market Scope and Market Size

Pharmacogenomics market is segmented on the basis of technology, application, end-users and distribution channel.

Table of Contents-Snapshot

Executive SummaryChapter 1 Industry OverviewChapter 2 Industry Competition by ManufacturersChapter 3 Industry Production Market Share by RegionsChapter 4 Industry Consumption by RegionsChapter 5 Industry Production, Revenue, Price Trend by TypeChapter 6 Industry Analysis by ApplicationsChapter 7 Company Profiles and Key Figures in Industry BusinessChapter 8 Industry Manufacturing Cost AnalysisChapter 9 Marketing Channel, Distributors and CustomersChapter 10 Market DynamicsChapter 11 Industry ForecastChapter 12 Research Findings and ConclusionChapter 13 Methodology and Data Source

For More Insights Get FREE Detailed TOC @https://www.databridgemarketresearch.com/toc/?dbmr=global-pharmacogenomics-market&pm

Pharmacogenomics Market Country Level Analysis

Pharmacogenomics market is analysed and market size information is provided by country, technology, application, end-users and distribution channel as referenced above.

The countries covered in the global pharmacogenomics market report are U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, in the Asia-Pacific, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.

North America has been witnessing a positive growth throughout the forecasted period due to the presence of refined healthcare expenditure and increased patient awareness level as well as preference personalized medicines. Europe is considered a second largest growing regional segment owing to the growing geriatric population and rising prevalence of chronic diseases.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Patient Epidemiology Analysis

Pharmacogenomics market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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The rest is here:
Global Pharmacogenomics Market 2020- Industry Overview, Global Trends, Market Analysis, CAGR Values and Country Level Demand To Forecast by 2027 -...

Global Pharmacogenomics Market Insights

Pharmacogenomics is the study of how genes affect an individuals response to drugs. This is done by correlating gene expression changes and Single-Nucleotide Polymorphisms (SNPs) with a drugs efficacy or toxicity. It is relatively a new field that combines genomics and pharmacology to develop efficient and safe medications that will customized to an individuals makeup. Growing concerns for the early identification of drug advertises, drug safety, and growing need for timely compliance to regulatory guidelines have led the introduction of new technologies and methods by pharmaceutical manufacturers and other intermediaries. These advancements are expected to fuel adoption of pharmacogenomics technology during the forecast period. Pharmacogenomics has different restorative applications such as cardiology, oncology, neurological disorder, and pain management. In this manner, through further headways in this field, by enhancing drug safety, optimizing drug therapy with increasing patient compliance and further reducing healthcare costs is expected to result in the meteoric growth of the pharmacogenomics market over the forecast period.

Various government agencies are taking proactive initiatives to implement pharmacogenomics in drug development and surveillance, so that patients can benefit from advances in genomic science and technology. The government is also involved in funding companies that work to develop bioinformatics technology for precision medicine research applications. For instance, in 2017, Armonica Technologies, Inc., a U.S.-based company received US$ 1.5 Mn from the states US$ 40 Mn catalyst fund. This fund is intended for seed early stage-companies in New Mexico that are involved in developing novel technologies. Clinically personalized medicine is also expected to provide tools that will enhance the traditional approaches for estimating the risk/benefit of an intervention in patients.

The global pharmacogenomics market was valued at US$8,357.3million in 2017 and is expected to witness a CAGR of10.8%during the forecast period (2018 2026).

Figure 1. Global Pharmacogenomics Market Share, by Technology Type (%)

Market Dynamics- Drivers

Increasing demand for various techniques to pinpointing diagnoses down to the subtype of chronic conditions will drive the pharmacogenomics market

Growing research and development activities related to sequencing and especially generation sequencing is expected to boost the demand for pharmacogenomics tests, which in turn, is expected to drive the global pharmacogenomics market growth during the forecast period. Moreover, significant progress in the aspects of NGS technology, platform, and data analysis solutions is propelling widespread, as it shows validresults for problematic areas that have long plagued the drug development industry.

Furthermore, growing prevalence of several infectious and non-infectious diseases is expected to propel the global pharmacogenomics market over the forecast period, as it is boosting the demand for regulated next-generation sequencing-based clinical trial assays and companion diagnostics. According to U.S. Food and Drug Administration (FDA) statistics, over 100,000 people in the U.S. die each year from injurious responses to drugs that were correctly prescribed by a physician. Additionally, over 2.2 million people endure acute, though not fatal, side effects. Worldwide, BioWorld estimates those figures increase to 200,000 deaths and over 4.5 million people suffering serious side effects.

Pharmacogenomics tests are expected to predict susceptibility to maladies as well as create therapeutics tailored to an individuals specific genetic profile. This in turn, is expected to increase market growth.

Introduction of novel technology leading to new product launch is a prominent factor fueling market growth

Today, screening of known polymorphic drug metabolism enzymes and transporters (DMET) is rapidly becoming routine practice in clinical research. So manufacturers are currently focusing on various approaches to pharmacogenomics analysis to provide rapid and cost-effective solutions for both the screening of known polymorphisms and discovery of novel variants. Few of the advanced technologies already been commercialized like Illumina HiSeq-2000 and HiScan, Roche 454 GSFLX Titanium and the Applied Biosystems SOLiD Analyzer 5500xl. Besides, the combination of goldstandard Applied Biosystems TaqMan Assays with the high-throughput Applied Biosystems Open Array manufactured by Thermo Fisher Scientific Inc., enables analysis of common variants, typically in under four hours with the flexibility to modify array content.

Market Dynamics- Restraints

Lack of proper diagnostic testing due to lack of trained personnel, high costs associated with tests, dearth of laboratory facility, and lack of standardization and validation of the test procedures are expected to restrain the global pharmacogenomics market growth in the near future.

Figure 2. Global Pharmacogenomics Market Share, by Region (%)

Regional Insights

Among regions, North America accounted for the largest market share and is witnessed fastest growth, owing to presence of major key players and strategic collaborations among them. Asia Pacific is expected to register significant growth rate after North America, owing to increased investments in R&D and increasing number of clinical trials. In November 2016, according to the Pharmaceutical Research and Manufacturers of America (PhRMA) data, EFPIA and PhRMA member companies conducted 825 clinical trials for various therapeutic indications across Japan in 2015, showing an increase of 21% in comparison to 2013. Furthermore, Latin America and Africa are expected to exhibit moderate growth rate, as countries in these regions have shown considerable interest in research andcontinuous efforts made by major players to expand their business in these regions. South African Medical Research Council (SAMRC) has collaborated with Beijing Genomics Institute in April 2017, to understand the genetic composition of the population, which is expected to augment growth of the pharmacogenomics in South Africa.

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Competitive Landscape

Key companies in the market are involved in various growth strategies such as collaboration and agreement, in order to gain competitive edge in the market. Objective of these collaborations between the organization and the companies is identification of specific tumor targets by expansion of known mutations associated with defective DNA repair. Companies are engaged in development of single comprehensive tests that can capture a large. amount of relevant content. For instance, in 2017, Qiagen N.V. and Bristol-Myers Squibb signed an agreement for use of Next Generation Sequencing technology to develop gene expression profiles for immuno-oncology therapies.

Major companies operating in the global pharmacogenomics market are Thermo Fisher Scientific Inc., Abbott Laboratories, F. Hoffmann-La Roche AG, Qiagen N.V., Pacific Biosciences of California, Inc., Diatech Pharmacogenetics Srl, and Assurex Health Inc.

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Pharmacogenomics Market Report 2019 to register a CAGR of 10.8% to reach US$ 20.83 Billion by 2026 | - PharmiWeb.com