Precision medicine involves a detailed study on patient-specific information to diagnose and characterize the diseases. The concept of precision medicine is rapidly growing in the medical community through tremendous expansion in various advanced technologies, such as next-generation sequencing, molecular biomarker analysis, bioinformatics, and big data analytics, among others. Owing to such advanced technologies, precision medicine acquired immense potential to prevent and treat various diseases such as cancer, cardiovascular, neurology, diabetes, and other diseases, which are burdening the present healthcare system.
The precision medicine market sizes in $Billion for the year 2017 and 2018 was estimated using a bottom-up approach. This approach involved the estimation of market revenue for each key player revenue on the basis of product and technology and summing them up to arrive at the total global number
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