The market in North America stood at USD 20.84 billion in 2020 and is expected to gain the largest portion of the market share in the coming years. North America is expected to dominate the global precision diagnostics market share due to a well-established healthcare sector. Presence of a Well-established Healthcare Sector to Boost Industry Growth in North America These factors are predicted to drive the precision diagnostics market growth.Ĭlick here to get the short-term and long-term impact of COVID-19 on this market. and Massachusetts General Hospital collaborated in 2021 to develop advanced treatment services. For example, Personal Genome Diagnostics Inc. Moreover, manufacturers collaborate to manufacture and provide effective treatment procedures and services. For example, as per the information provided by the Neurological Alliance, approximately 14.7 million neurological cases were registered in 2019, and 1 among 6 people suffered from neurological disorders. Furthermore, the rising demand for the treatment procedure in oncology and other disorders is expected to boost the treatment procedure’s adoption. The sudden rise in COVID-19 infections has facilitated the demand for effective procedures globally. It enables medical professionals to diagnose patients in detail and solve health issues effectively. The rising demand for personalized medicine and treatment procedures is expected to surge the demand for the product. Rising Demand for Personalized Medicine to Augment Market Development Request a Sample Copy of the Research Report

May 2021: Philips launched its novel Spectral Computed Tomography 7500 system to offer spectral data for all patients.

It is used to cure diabetes, cancer, and other disorders using esoteric tests, genetic tests, and others. It enables medical professionals to carry out treatment procedures in an effective manner. Precision diagnostics are disease diagnosis methods that explain the patient’s condition in a detailed and precise manner. Fortune Business Insights™ presents this information in its report titled “Precision Diagnostics Market, 2021-2028.” The rising prevalence of cancer and neurological disorders and increasing effective treatment procedures are expected to foster market development. The market is expected to grow from USD 60.35 billion in 2021 to USD 138.85 billion in 2028, exhibiting a CAGR of 12.6% during the forecast period. 31, 2022 (GLOBE NEWSWIRE) - The global precision diagnostics market size was USD 54.05 billion in 2020. Physical: 245 White Oak Rd.Pune, India, Jan.

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