P e r s i s t e n c e M a r k e t R e s e a r c h massive global presence and it is expanding steadily. Apart from North America, Europe, MEA, Latin America and Asia Pacific regions are other major pockets which are expected to show fruitful outcome in the forthcoming years. The global precision medicine market is expected to perform well in the North American region and it will occupy more than 35 % of the market share within the period of prediction. The global precision market in North America will flourish and will probably touch the approximate market value of more than US $ 60 Mn by 2024 end. With a stupendous performance the US and Canada will conquer a lion share of the global precision medicine market of this region predicts the report. The Europe is a consistent market and will crawl up the revenue chart within the forecast period. The global precision market in Europe will ride an estimated CAGR of more than 13 % to sew up an average worth of more than US $ 40 Mn by the end of 2024. In Europe the markets spread across Germany and France will shape the destiny of this market. Apart from this the countries such as Spain, UK and Italy will also follow the leading pack during the period of assessment. The APAC region is the rising star of the global precision medicine market. The region will project a CAGR of more than 14 % during the period of projection. The market will witness a staggering hike and will touch approximately US $ 35 Mn by the end of 2024. In the APAC region Japan will spearhead the market, China and India will lock horns to accumulate maximum market share during the projected period. The region of Latin America will score considerable revenue during this period. MEA will be a sulking market as less of research activities will dampen the spirit of the precision medicine market.
The market is evolving fast with the better and bigger market tie-ups. The bonhomie between IT and healthcare is also expediting the market and providing a bigger playground to the stakeholders. Novartis AG, Laboratory Corporation of America Holdings, Eli Lilly And Company, AstraZeneca are contributing massively in the overall development of the global precision medicine market.
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Global Precision Medicine Market 2016-2024