Precision Medicine Market - Top Companies and Manufacturers

  • Report ID: 6315
  • Published Date: Aug 13, 2024
  • Report Format: PDF, PPT

Companies Dominating the Precision Medicine Landscape

    Major players in the precision medicine market are strategically advancing the field through recent approvals in RNA treatments, cell and gene therapies, and other areas. These firms are leading the way in developing specific and effective treatments, which is driving the growth of the market.

    • Novartis
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Tepnel Pharma Services
    • Qiagen
    • Menarini Silicon Biosystems
    • Eagle Genomics
    • Quest Diagnostics
    • Pfizer
    • Roche
    • Biocrates Life Sciences
    • Teva Pharmaceutical
    • NanoString Technologies

Browse Key Market Insights with Data Illustration:

In the News

  • In May 2024, Novartis announced that it had agreed to acquire Mariana Oncology, a preclinical-stage biotechnology company based in Watertown, Massachusetts focused on developing novel radioligand therapies (RLTs) to treat cancers with high unmet patient need.
    The deal enhances the Novartis RLT pipeline and improves the company's research infrastructure and clinical supply capabilities, aligning with Novartis' strategy focus on oncology and RLT platform innovation. The acquisition includes a strong collection of RLT programs that cover lead optimization to early development in various solid tumor indications, such as breast, prostate, and lung cancer.
  • In May 2024, QIAGEN announced the launch of its QIAseq Multimodal DNA/RNA Library Kit. The new kit enables seamless preparation of DNA and RNA libraries for next-generation sequencing (NGS), such as whole genome sequencing (WGS) and whole transcriptome sequencing (WTS), as well as downstream target enrichment based on hybrid capture from a single sample.

Author Credits:  Radhika Pawar


  • Report ID: 6315
  • Published Date: Aug 13, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of precision medicine was valued at USD 86.6 billion.

The market size for precision medicine is projected to cross USD 323.2 billion by the end of 2036 expanding at a CAGR of 11.6% during the forecast period i.e., between 2024-2036.

The major players in the market are Tepnel Pharma Services, Qiagen, Menarini Silicon Biosystems, Eagle Genomics, Quest Diagnostics, Pfizer, Roche, Biocrates Life Sciences, Teva Pharmaceutical, NanoString Technologies, and others.

The hospital segment is anticipated to garner a share of 55% during 2024-2036.

The North America precision medicine sector is poised to hold 45% share by the end of 2036.
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