Market Research Analysis United States Precision Medicine Market 2025
United States Precision Medicine Market -
Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2025
“Precision diagnosis is commonly referred as
companion diagnostics and is compulsorily used for
cost-effective use of targeted small molecule drugs
or biologics. Formal example includes vemurafanib,
mutant melanoma and trastuzumab to treat breast
cancer.”
The United States Precision Medicine Market witnessed a higher CAGR growth in the assessment years. Precision
diagnosis is commonly referred as companion diagnostics and is compulsorily used for cost-effective use of targeted
small molecule drugs or biologics. Formal example includes vemurafanib, mutant melanoma and trastuzumab to treat
breast cancer.
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Without the precise laboratory of diagnosis, abnormality in melanoma in breast cancer would be useless and even
danger for patients with a waste of money for healthcare systems to prescribe and administer the costly drugs.
Therefore, precision diagnostics not only lead to personalized medicine with suitable outcomes, but also comes up as
a resource utilization for healthcare systems. Precision medicine thus seeks to understand every patient’s variability
in genes, lifestyle and environment in order to enable proper diagnosis and disease treatment thus improving patient
outcome.