Increasing Targeted Therapies to Drive Precision Medicine Market in the European Region: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Precision medicine is a medicinal model that recommends the customization of healthcare with medical assessments, cures, observes and products being tailored to the specific patient. It is customized on the genomic profile of a patient. The key technologies associated with precision medicine are gene sequencing, drug discovery, big data analytics, bioinformatics, companion diagnostics, and other technologies. According to study, “Europe Precision Medicine Market (2018-2023)” some of the major companies that are currently working in the Europe precision medicine market are Almac Group, Abbott Laboratories, Eagle Genomics, Intomics, Johnson & Johnson Services Inc., Covance Ltd., Medtronic, Randox Laboratories, Biocrates Life Sciences, Cepheid Inc., Qiagen NV, Thermo Fisher Scientific, Roche, Teva Pharmaceuticals Limited, FerrerInCode, Quest Diagnostics, Illumina, Intel Corporation, GlaxoSmithKline (GSK),Silicon Biosystems, Teva Pharmace utical, BioMerieux SA, Novartis AG, GE Healthcare, Pfizer. The key companies focus on determining the upgrading of the software that provides drug innovation processes. The software has also improved capacity to store a vast amount of genetic data make a quick patient recovery. The European healthcare institutes use genomic testing & analytics technologies. Drug companies concentrate on emergent new adapted therapies and payers compensate the price of high-value drugs. In addition, companion diagnostics drive enhancements in information collecting as these aspects to significantly drive the market during the anticipated period. On the basis of application, the market is segmented into diagnostic and therapeutic precision medicine. Diagnostics application is sub-segmented into genetic tests, esoteric tests and direct to consumer tests etc. Therapeutic precision medicine market is defined as medicinal devices & pharmaceuticals. Pharmaceuticals medicine market is further sub-segmented into genetic orders, oncology, respiratory diseases, CNS diseases, skin diseases, immunology, and other diseases & disorders. Some of the key technologies associated include transcriptomics, genomics, and epigenomics. On the basis of sequencing technology, the precision medicine market is segmented into sequencing by synthesis, sequencing by ligation, ion semiconductor sequencing, chain termination sequencing, sequencing by ligation, nanopore sequencing, single molecule real time sequencing, and pyrosequencing etc. On the basis of product, the market is segmented into instruments, consumables, and services. In addition, based on end-user market is defined as Pharma & biotech companies, healthcare IT or big data companies, diagnostic tool companies and clinical laboratories. The market of Europe precision medicine is driven by rising incidences of Alzheimer’s diseases, followed by increasing targeted therapies & medicines, growing adoption of gene therapy, increasing aging population, increasing technological advancement & innovation, government support or regulation and rising incidence of chronic ailments. Technological advancement & innovation includes next gene sequencing, biomarker-based tests or kits, and precise imaging. However the costs major restraint factor raising the healthcare costs. Europe is the second largest precision medicine market in the world primarily due to U.K and Germany witnessing the growth of investments in research & development (R&D). In 2018, GE Healthcare acts as a team with Roche that facilitated to improve the digital integrated platform for serious care treatment and oncology. It is estimated that Germany to hold the largest market value owing to the rise in a number of precision medicine solutions & medications. It is predicted that the European precision medicine market to reach at US$ 29.9 million, at a CAGR of 13.4%, by 2023. To know more, click on the link below:- https://www.kenresearch.com/healthcare/medical-devices/europe-precision-medicine/172435-91.html Related Reports:- https://www.kenresearch.com/healthcare/medical-devices/asia-pacific-precision/172436-91.html https://www.kenresearch.com/healthcare/medical-devices/north-america-precision/172432-91.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Tags: Europe Precision Medicine Industry Research Report, Europe Precision Medicine Market Future outlook, Europe Precision Medicine Market Growth Forecast, Europe Precision Medicine Market Major Players, Europe Precision Medicine Market Overview, Europe Precision Medicine Market Research Report, Europe Precision Medicine Market Segmentation, Europe Precision Medicine Market Share, Precision Medicine Industry in Europe, Precision Medicine Market in Europe, Scope of Precision Medicine Market in Europe