According to a new report published by Allied Market Research, titled, Precision Medicine Software Marketby Delivery Mode (On-premise and Cloud-based), Application (Oncology, Pharmacogenomics, Rare Diseases, and Others), and End User (Healthcare Providers, Research Centers & Government Institutes, and Pharmaceutical & Biotechnology Companies): Global Opportunity Analysis and Industry Forecast, 2019-2026

Precision medicine is an emerging medical approach undertaken by medical practitioners for the treatment of a patient, followed with medical decisions, treatments, practices, or products being tailored to the individual patient. Appropriate or optimal therapies may be employed based on variability in the patients genetic profile, environment, and lifestyle for each person. The diagnostic testing can be based on the context of an individuals genetic profile or other molecular or cellular analysis. The emergence of precision medicine has addressed the dire need for better diagnostic and analytical tools. Precision medicine software combines the clinical and molecular data to provide with valuable insights to determine the ideal therapeutic course of treatment.

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Moreover, it provides with a wide range of applications in both the diagnostics and clinical areas for better understanding of diseases such as cancer, searching for new biomarkers, researching new therapies, repurposing existing drugs, and stratifying patients for clinical trials.

The global market size of Precision Medicine Software Market is $XX million in 2018 with XX CAGR, and it is expected to reach $XX million by the end of 2026 with a CAGR of XX% from 2019 to 2026.

The Major Key Players Are:

Synapse, Inc., Allscripts Healthcare Solutions, Inc. (2bPrecise LLC), Roche Holdings, Inc. (Foundation Medicine, Inc.), Fabric Genomics, Inc., Sophia Genetics SA, PierianDx, Inc., Qiagen N.V. (N-of-One, Inc.), Human Longevity, Inc., Roper Technologies, Inc. (Sunquest Information Systems, Inc.), Gene42, Inc. Other players in the value chain include Translational Software, Inc., LifeOmic Health, LLC, NantHealth, Inc., Tempus Labs, Inc., Flatiron Health, Inc., IBM Watson Group, and Koninklijke Philips N.V.

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Precision Medicine Software Market Size Prognosticated to Perceive a Thriving Growth by 2026 | Synapse, Inc., PierianDx, Inc. - Morning Tick