Wednesday, August 7, 2019

Precision Medicine Software Market Share Analysis Research Report | Research Cosmos

Precision Medicine Software Market Size and Growth Rate
Precision Medicine Software Market is to hit CAGR of 11.5% in the period 2019 – 2024
The market is expected to reach USD 2.0 billion by 2024, growing at a CAGR of 11.5% from USD 1.2 billion in 2019. Precision medicine allows doctors to select appropriate treatment procedures by the genetic content of the patient. It customizes the healthcare for the patient with medical decisions, treatments, and other procedures.
Browse 100 pages of Research Report developed on Precision Medicine Software Market
 Precision Medicine Software Market Drivers and Restraints
The market is driven by increasing geriatric population and growing awareness towards the effective treatment procedures. The rise in the government funds and the launch of reimbursement schemes in favor of the poor people are additionally propelling the demand of the market.
However, lack of skilled physicians and rise in complications with the security issues are quietly impeding the demand of the market. The high initial cost is also a restraining factor for the market.
The growing prevalence of artificial intelligence in the medical sector is setting up growth opportunities for the market. The increasing cloud-based deployment model for every application and the use of big data are to fuel the growth of the market further.
Precision Medicine Software Market Geographical Segmentation
Regionally, the market is segmented into Asia Pacific, North America, Europe, the Middle East, and Africa. North America is witnessed to lead the highest shares of the market by owing to the rise in the investments on the hospitals by both public and private organizations. The Asia Pacific and Europe are next in dominating the highest shares of the market with the rising population and also the adoption of the latest technological developments. The Middle East and Africa are to have a slightly inclined growth rate in the near future. 
Key Players of Precision Medicine Software Market
Some of the key players in the precision medicine software market are Syapse, Inc. (the US), 2bPrecise LLC (Israel), Foundation Medicine, Inc. (the US), Fabric Genomics (US), SOPHIA GENETICS SA (Switzerland), PierianDx, Inc. (the US), N-of-One, Inc. (the US), Human Longevity, Inc. (the US), Translational Software, Inc. (the US), Sunquest Information Systems Inc. (US), Gene42, Inc. (Canada), LifeOmic Health, LLC (US), NantHealth, Inc. (the US), Tempus Labs, Inc. (the US), Flatiron Health, Inc. (the US), IBM Watson Group (US), and Koninklijke Philips N.V. (Netherlands).
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Contact: 
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)