Precision Medicine Market - Top Companies and Manufacturers

  • Report ID: 6315
  • Published Date: Nov 27, 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: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of precision medicine is evaluated at USD 115.07 billion.

The precision medicine market size was valued at USD 101.72 billion in 2024 and is set to exceed USD 732.48 billion by 2037, registering over 16.4% CAGR during the forecast period i.e., between 2025-2037. Groundbreaking developments in biomarker-guided therapies will drive the market growth.

North America industry is anticipated to hold largest revenue share of 45% by 2037, influenced by rapid rise in hospitals, research institutes, and diagnostic laboratories, which has enabled the adoption and application of precision medicine approaches in the region.

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.
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