Personalized Medicine Market Exhibiting Exhilarant Prospective

Backed by factors, such as early detection of diseases and optimization of therapies, the US market for personalized medicine is likely to register a CAGR of 12% during 2009-2015, says a report by RNCOS.

NOIDA, India (prHWY.com) December 26, 2011 - According to our new research report, "Personalized Medicine Market Analysis", personalized medicine is the buzzword in the life-sciences industry, which is evident from the fact that major players of the industry are foraying investments in the industry. Although personalized medicine is still at the nascent stage, it is emerging steadily as the new healthcare paradigm. In 2009, the market for personalized medicine in the US was estimated at US$ 232 Billion backed by factors, such as early detection of diseases, patient compliance, and optimization of therapies. The market is further likely to exhibit a strong performance in future and is likely to register a CAGR of around 12% during 2009-2015.

According to the report, personalized medicine market can be classified into three broad segments - core market, personalized medical care market, and nutrition and wellness market. Our study indicates that in 2009, nutrition and wellness segment occupied the highest market share of around 85% in the US, followed by the core segment and personalized medical care segment. By 2015, the market share of personalized medical care market in the US is expected to rise substantially.

The report, "Personalized Medicine Market Analysis", takes into account every aspect of the market and provides a comprehensive research on drivers and restraints. It also investigates the US market for personalized medicine in a broad manner and covers a segment-wise analysis of the same. Moreover, it also provides comprehensive details on the key industry participants that include pharmaceutical and diagnostic companies, technology and healthcare providers and last though not the least, the government.

The report is an outcome of an extensive research and prudent analysis of the personalized market that presents an effective insight into the current market developments in Europe, China, India, and Japan. It also covers a summary of recent collaborations and developments that have been shaping the industry for competitive landscape. Overall, the report is meant to provide clients with an optimum source of knowledge and statistics on the personalized medicine market.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM305.htm

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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: pacific biosciences

Categories: Health

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