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Noida, Uttar Pradesh, India, 2011/02/21 - Treatment costs savings, patient compliance, drug safety & optimization of therapies will drive the growth of the global personalized medicines market, says RNCOS.
As per our new research report “Personalized Medicine Market Analysis”, the healthcare industry, as a whole, is committed towards the development of personalized medicines globally and is authorizing more resources and fomenting more corresponding organization change. Extensive research and profound analysis performed for the market exhibited a high growth potential with promising growth prospects inherent for the industry. Owing to the treatment costs savings, patient compliance, drug safety, early detection of diseases, and optimization of therapies, the global personalized medicine market is expected to witness stupendous growth rates in the coming years.
Our report has identified some critical factors acting as a catalyst for the industry’s current and future growth outlook. The report reveals that US, Europe, China, and Japan are the major geographical markets exhibiting healthy growth rates. The U.S. market for personalized medicine is anticipated to grow at a CAGR of around 11% during 2009-2015. Based on some concrete market fundamentals, we anticipate that applications in oncology will witness enhanced investments in coming years during the forecast period and will become one of the most dominating market segments in the global personalized medicines market.
The systematic and thorough research studies the global personalized medicines market to give an insight into its various segments, including core segment, personalized care segment, and nutrition & wellness segment. Our research on the personalized medicine market indicates that a wide variety of organizations will enter this space, including consumer products, food & beverage, leisure & retail companies, as well as more traditional health companies that are successful in marketing directly to consumers.
“Personalized Medicine Market Analysis” provides thorough research and rational analysis along with reliable statistics of the global personalized medicines market. The report studies the current development process and its effects on various segments of the industry. It has thoroughly examined current market trends, industrial developments, and competitive landscapes to enable clients understand the market structure and its progress in coming years. The report also gives an insight into the segment-wise market trends prevailing at the regional level to provide an overview of developments taking place in these segments across the world.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with 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.