What is genomic medicine?

Genomic medicine is a field of medicine that involves the use of an individual's genetic information to guide the prevention, diagnosis, and treatment of diseases.

How does genomic medicine work?

Genomic medicine involves analyzing an individual's DNA to identify genetic variations that may contribute to disease risk or affect response to certain treatments. This information can then be used to personalize healthcare and make more informed medical decisions.

What are the key applications of genomic medicine?

Genomic medicine has various applications, including predicting disease risk, diagnosing genetic disorders, guiding targeted therapies, optimizing drug selection and dosage, and assessing an individual's response to treatment.

How is the genomic medicine market growing?

The genomic medicine market has been experiencing significant growth due to advancements in sequencing technologies, declining sequencing costs, and increased adoption of personalized medicine approaches. The market is projected to expand further as more genetic tests become available and their clinical utility increases.

What are the major factors driving the genomic medicine market?

The genomic medicine market is driven by factors such as the rising prevalence of chronic diseases, increasing awareness and acceptance of personalized medicine, growing demand for precision diagnostics, and advancements in genomic research and technology.

Global Genomic Medicine Market By Application (Oncology, Cardiology, Paediatrics, Endocrinology, Respiratory Medicine, Rare Genetic Disorders, Infectious Diseases, and Other Applications), By End-User (Hospitals & Clinics, Academic Institutions, Research Institutions, Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, and Other End-Users), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Published date: Oct 2023
Report ID: 102536
Number of Pages: 234
Format:

- Genome Medical, Inc.
- BioMed Central Ltd
- Aevi Genomic Medicine, Inc.
- Congenica Ltd.
- Deep Genomics
- Editas Medicine
- Cleveland Clinic
- Illumina, Inc.
- Thermo Fisher Scientific Company Profile
- Other Key Players
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