Industry: Service & Software
Published Date: 2024-01-24
Pages: 123 Pages
Report ld: 2343092
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Personalized Medicines Market Size(US$)

CAGR 2024-2030
10.9%
Market Size,2030
USD 540,120
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Personalized medicine is tailoring of a treatment to a specific patient i.e. designing medicine treatment on the basis of diagnosis, disease condition, patient history, body physics, and other factors related to patients and diseases. Personalized medicine is also known as precision medicine, stratified medicine, or P4 medicine.
The global market for Personalized Medicines was estimated to be worth US$ 259380 million in 2023 and is forecast to a readjusted size of US$ 540120 million by 2030 with a CAGR of 10.9% during the forecast period 2024-2030
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Personalized Medicines, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Personalized Medicines by region & country, by Type, and by Application.
The Personalized Medicines market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Personalized Medicines.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Personalized Medicines manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Personalized Medicines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Personalized Medicines in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Market Overview
1.1 Personalized Medicines Product Introduction
1.2 Global Personalized Medicines Market Size Forecast
1.3 Personalized Medicines Market Trends & Drivers
1.3.1 Personalized Medicines Industry Trends
1.3.2 Personalized Medicines Market Drivers & Opportunity
1.3.3 Personalized Medicines Market Challenges
1.3.4 Personalized Medicines Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Personalized Medicines Players Revenue Ranking (2023)
2.2 Global Personalized Medicines Revenue by Company (2019-2024)
2.3 Key Companies Personalized Medicines Manufacturing Base Distribution and Headquarters
2.4 Key Companies Personalized Medicines Product Offered
2.5 Key Companies Time to Begin Mass Production of Personalized Medicines
2.6 Personalized Medicines Market Competitive Analysis
2.6.1 Personalized Medicines Market Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Personalized Medicines Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Personalized Medicines as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 PM Diagnostics
3.1.2 PM Therapeutics
3.1.3 Personalized Medical Care
3.1.4 Personalized Nutrition & Wellness
3.2 Global Personalized Medicines Sales Value by Type
3.2.1 Global Personalized Medicines Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Personalized Medicines Sales Value, by Type (2019-2030)
3.2.3 Global Personalized Medicines Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Hospitals Pharmacies
4.1.2 Retail Pharmacies
4.1.3 Dietary Care Centers
4.1.4 Others
4.2 Global Personalized Medicines Sales Value by Application
4.2.1 Global Personalized Medicines Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Personalized Medicines Sales Value, by Application (2019-2030)
4.2.3 Global Personalized Medicines Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Personalized Medicines Sales Value by Region
5.1.1 Global Personalized Medicines Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Personalized Medicines Sales Value by Region (2019-2024)
5.1.3 Global Personalized Medicines Sales Value by Region (2025-2030)
5.1.4 Global Personalized Medicines Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Personalized Medicines Sales Value, 2019-2030
5.2.2 North America Personalized Medicines Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Personalized Medicines Sales Value, 2019-2030
5.3.2 Europe Personalized Medicines Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Personalized Medicines Sales Value, 2019-2030
5.4.2 Asia Pacific Personalized Medicines Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Personalized Medicines Sales Value, 2019-2030
5.5.2 South America Personalized Medicines Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Personalized Medicines Sales Value, 2019-2030
5.6.2 Middle East & Africa Personalized Medicines Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Personalized Medicines Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Personalized Medicines Sales Value
6.3 United States
6.3.1 United States Personalized Medicines Sales Value, 2019-2030
6.3.2 United States Personalized Medicines Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Personalized Medicines Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Personalized Medicines Sales Value, 2019-2030
6.4.2 Europe Personalized Medicines Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Personalized Medicines Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Personalized Medicines Sales Value, 2019-2030
6.5.2 China Personalized Medicines Sales Value by Type (%), 2023 VS 2030
6.5.3 China Personalized Medicines Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Personalized Medicines Sales Value, 2019-2030
6.6.2 Japan Personalized Medicines Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Personalized Medicines Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Personalized Medicines Sales Value, 2019-2030
6.7.2 South Korea Personalized Medicines Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Personalized Medicines Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Personalized Medicines Sales Value, 2019-2030
6.8.2 Southeast Asia Personalized Medicines Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Personalized Medicines Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Personalized Medicines Sales Value, 2019-2030
6.9.2 India Personalized Medicines Sales Value by Type (%), 2023 VS 2030
6.9.3 India Personalized Medicines Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 3G Biotech
7.1.1 3G Biotech Profile
7.1.2 3G Biotech Main Business
7.1.3 3G Biotech Personalized Medicines Products, Services and Solutions
7.1.4 3G Biotech Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.1.5 3G Biotech Recent Developments
7.2 Quest Diagnostics
7.2.1 Quest Diagnostics Profile
7.2.2 Quest Diagnostics Main Business
7.2.3 Quest Diagnostics Personalized Medicines Products, Services and Solutions
7.2.4 Quest Diagnostics Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.2.5 Quest Diagnostics Recent Developments
7.3 Laboratory Corporation of America
7.3.1 Laboratory Corporation of America Profile
7.3.2 Laboratory Corporation of America Main Business
7.3.3 Laboratory Corporation of America Personalized Medicines Products, Services and Solutions
7.3.4 Laboratory Corporation of America Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.3.5 Abbott Recent Developments
7.4 Abbott
7.4.1 Abbott Profile
7.4.2 Abbott Main Business
7.4.3 Abbott Personalized Medicines Products, Services and Solutions
7.4.4 Abbott Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.4.5 Abbott Recent Developments
7.5 Agendia NV
7.5.1 Agendia NV Profile
7.5.2 Agendia NV Main Business
7.5.3 Agendia NV Personalized Medicines Products, Services and Solutions
7.5.4 Agendia NV Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.5.5 Agendia NV Recent Developments
7.6 Asuragen Inc
7.6.1 Asuragen Inc Profile
7.6.2 Asuragen Inc Main Business
7.6.3 Asuragen Inc Personalized Medicines Products, Services and Solutions
7.6.4 Asuragen Inc Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.6.5 Asuragen Inc Recent Developments
7.7 Becton Dickinson
7.7.1 Becton Dickinson Profile
7.7.2 Becton Dickinson Main Business
7.7.3 Becton Dickinson Personalized Medicines Products, Services and Solutions
7.7.4 Becton Dickinson Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.7.5 Becton Dickinson Recent Developments
7.8 CardioDx Inc.
7.8.1 CardioDx Inc. Profile
7.8.2 CardioDx Inc. Main Business
7.8.3 CardioDx Inc. Personalized Medicines Products, Services and Solutions
7.8.4 CardioDx Inc. Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.8.5 CardioDx Inc. Recent Developments
7.9 Foundation Medicine
7.9.1 Foundation Medicine Profile
7.9.2 Foundation Medicine Main Business
7.9.3 Foundation Medicine Personalized Medicines Products, Services and Solutions
7.9.4 Foundation Medicine Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.9.5 Foundation Medicine Recent Developments
7.10 Qiagen
7.10.1 Qiagen Profile
7.10.2 Qiagen Main Business
7.10.3 Qiagen Personalized Medicines Products, Services and Solutions
7.10.4 Qiagen Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.10.5 Qiagen Recent Developments
7.11 Siemens Healthcare
7.11.1 Siemens Healthcare Profile
7.11.2 Siemens Healthcare Main Business
7.11.3 Siemens Healthcare Personalized Medicines Products, Services and Solutions
7.11.4 Siemens Healthcare Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.11.5 Siemens Healthcare Recent Developments
7.12 Amgen
7.12.1 Amgen Profile
7.12.2 Amgen Main Business
7.12.3 Amgen Personalized Medicines Products, Services and Solutions
7.12.4 Amgen Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.12.5 Amgen Recent Developments
7.13 Bristol-Myers Squibb
7.13.1 Bristol-Myers Squibb Profile
7.13.2 Bristol-Myers Squibb Main Business
7.13.3 Bristol-Myers Squibb Personalized Medicines Products, Services and Solutions
7.13.4 Bristol-Myers Squibb Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.13.5 Bristol-Myers Squibb Recent Developments
7.14 GE Healthcare
7.14.1 GE Healthcare Profile
7.14.2 GE Healthcare Main Business
7.14.3 GE Healthcare Personalized Medicines Products, Services and Solutions
7.14.4 GE Healthcare Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.14.5 GE Healthcare Recent Developments
7.15 Pfizer
7.15.1 Pfizer Profile
7.15.2 Pfizer Main Business
7.15.3 Pfizer Personalized Medicines Products, Services and Solutions
7.15.4 Pfizer Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.15.5 Pfizer Recent Developments
7.16 Sanofi
7.16.1 Sanofi Profile
7.16.2 Sanofi Main Business
7.16.3 Sanofi Personalized Medicines Products, Services and Solutions
7.16.4 Sanofi Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.16.5 Sanofi Recent Developments
7.17 23andMe
7.17.1 23andMe Profile
7.17.2 23andMe Main Business
7.17.3 23andMe Personalized Medicines Products, Services and Solutions
7.17.4 23andMe Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.17.5 23andMe Recent Developments
7.18 Illumina
7.18.1 Illumina Profile
7.18.2 Illumina Main Business
7.18.3 Illumina Personalized Medicines Products, Services and Solutions
7.18.4 Illumina Personalized Medicines Revenue (US$ Million) & (2019-2024)
7.18.5 Illumina Recent Developments
8 Industry Chain Analysis
8.1 Personalized Medicines Industrial Chain
8.2 Personalized Medicines Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Personalized Medicines Sales Model
8.5.2 Sales Channel
8.5.3 Personalized Medicines Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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The global Personalized Medicines market size was US$ 319550 million in 2024 and is forecast to a readjusted size of US$ 650760 million by 2031 with a CAGR of 10.9% during the forecast period 2025-2031.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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