
Hyper Personalized Medicine Market Share, Size, Trends, Industry Analysis Report, By Product (Diagnostics, Therapeutics, Medical Care, Nutrition and Wellness); By Application; By End Use; By Region; Segment Forecast, 2024 - 2032
Description
Hyper Personalized Medicine Market Share, Size, Trends, Industry Analysis Report, By Product (Diagnostics, Therapeutics, Medical Care, Nutrition and Wellness); By Application; By End Use; By Region; Segment Forecast, 2024 - 2032
The global hyper personalized medicine market size is expected to reach USD 6,333.03 billion by 2032, according to a new study by Polaris Market Research. The report “Hyper Personalized Medicine Market Share, Size, Trends, Industry Analysis Report, By Product (Diagnostics, Therapeutics, Medical Care, Nutrition and Wellness); By Application; By End Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing aging population in the world, driven by the rising numbers of birth rates below replacement level, is driving the significant demand for efficient healthcare providers in the marketplace. The latest COVID-19 outbreak showcased the functionality of the present healthcare system and the need for the adoption of advanced technologies, infrastructure, and medicines. This also facilitated significant growth opportunities for the hyper-personalized medicine market, as it gives customized treatment according to the condition and genetics.
Furthermore, the increasing prevalence of many people who have Alzheimer's, Parkinson's, and other neurological disorders is paving the way for personalized medication. According to WHO, around 55 million people have dementia all over the world, over 60% of whom live in middle and low-income countries. Every year, there are nearly 10 million new cases. Specifically, the incidence will be higher in low- and middle-income nations. This is enabling countries to promote personalized treatment for better results, contributing to market expansion.
In addition, researchers at pharmaceutical companies and hospitals are exploring various ways to treat chronic diseases, specifically cancer. The genetic diversity of cancer is encouraging them to study individual genetic information among cancer patients and plan treatment accordingly.
The growing studies exploring the factors causing cancer and the significant uptick in research collaborations are projected to drive new growth opportunities for the hyper-personalized medicine market. The rising technological evolution is changing the scope of the hyper-personalized medicine market. This can be influenced by the adoption of predictive analytics in addressing individual patient-centric data and prescribing more precise and effective treatments for patients. For instance, in January 2024, Sano Genetics raised $11.4 million to boost its research on precision medicine with the development of a clinical trial software platform.
Hyper Personalized Medicine Market Report Highlights
The therapeutics segment is projected to witness the highest CAGR during the forecast period due to the rising focus on the development of genetic therapies.
In 2023, the oncology segment accounted for the largest market share owing to the rising incidence of cancer cases.
The hospital's segment accounted for a significant revenue share in 2023 due to growing concerns about offering customized treatment services.
In 2023, the North American region held the largest market share. It has a highly developed and sophisticated healthcare infrastructure, encompassing advanced medical facilities, research institutions, and technology-driven healthcare systems.
The Asia Pacific region is expected to witness the fastest-growing CAGR during the projected period, attributable to the prevalence of chronic diseases in the region.
The global players include Abbott, ASURAGEN INC, Dako A/S, Danaher Corporation, Decode Genetics Inc, Exact Sciences Corporation, & Exagen Inc.
Polaris Market Research has segmented the hyper personalized medicine market report based on product, application, end use and region:
Hyper Personalized Medicine, Product Outlook (Revenue - USD Billion, 2019 - 2032)
Hyper Personalized Medicine Diagnostics
Hyper Personalized Medicine Therapeutics
Hyper Personalized Medical Care
Hyper Personalized Nutrition and Wellness
Hyper Personalized Medicine, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Oncology
Neurology
Blood Transfusion
Safety
Diabetes
Autoimmune
Diseases
Cardiology
Hyper Personalized Medicine, End Use Outlook (Revenue - USD Billion, 2019 - 2032)
Hospitals
Diagnostic Centers
Research and Academic Institutes
Others
Hyper Personalized Medicine, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of APAC
Latin America
Argentina
Brazil
Mexico
Rest of LA
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of UAE
Table of Contents
116 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Global Hyper Personalized Medicine Market Insights
- 4.1. Hyper Personalized Medicine Market – End Use Snapshot
- 4.2. Hyper Personalized Medicine Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising genetic studies to cure ongoing health problems
- 4.2.1.2. The rising adoption of advanced technologies
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Lower awareness and accessibility of hyper-personalized medicine
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Hyper Personalized Medicine Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. Global Hyper Personalized Medicine Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 5.3. Oncology
- 5.3.1. Global Hyper Personalized Medicine Market, by Oncology, by Region, 2019-2032 (USD Billion)
- 5.4. Neurology
- 5.4.1. Global Hyper Personalized Medicine Market, by Neurology, by Region, 2019-2032 (USD Billion)
- 5.5. Blood Transfusion
- 5.5.1. Global Hyper Personalized Medicine Market, by Blood Transfusion, by Region, 2019-2032 (USD Billion)
- 5.6. Safety
- 5.6.1. Global Hyper Personalized Medicine Market, by Safety, by Region, 2019-2032 (USD Billion)
- 5.7. Diabetes
- 5.7.1. Global Hyper Personalized Medicine Market, by Diabetes, by Region, 2019-2032 (USD Billion)
- 5.8. Autoimmune
- 5.8.1. Global Hyper Personalized Medicine Market, by Autoimmune, by Region, 2019-2032 (USD Billion)
- 5.9. Diseases
- 5.9.1. Global Hyper Personalized Medicine Market, by Diseases, by Region, 2019-2032 (USD Billion)
- 5.10. Cardiology
- 5.10.1. Global Hyper Personalized Medicine Market, by Cardiology, by Region, 2019-2032 (USD Billion)
- 6. Global Hyper Personalized Medicine Market, by Product
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 6.3. Diagnostics
- 6.3.1. Global Hyper Personalized Medicine Market, by Diagnostics, by Region, 2019-2032 (USD Billion)
- 6.4. Therapeutics
- 6.4.1. Global Hyper Personalized Medicine Market, by Therapeutics, by Region, 2019-2032 (USD Billion)
- 6.5. Medical Care
- 6.5.1. Global Hyper Personalized Medicine Market, by Medical Care, by Region, 2019-2032 (USD Billion)
- 6.6. Nutrition and Wellness
- 6.6.1. Global Hyper Personalized Medicine Market, by Nutrition and Wellness, by Region, 2019-2032 (USD Billion)
- 7. Global Hyper Personalized Medicine Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 7.3. Hospitals
- 7.3.1. Global Hyper Personalized Medicine Market, by Hospitals, By Region, 2019-2032 (USD Billion)
- 7.4. Diagnostic Centers
- 7.4.1. Global Hyper Personalized Medicine Market, by Diagnostic Centers, By Region, 2019-2032 (USD Billion)
- 7.5. Research and Academic Institutes
- 7.5.1. Global Hyper Personalized Medicine Market, by Research and Academic Institutes, By Region, 2019-2032 (USD Billion)
- 7.6. Others
- 7.6.1. Global Hyper Personalized Medicine Market, by Others, By Region, 2019-2032 (USD Billion)
- 8. Global Hyper Personalized Medicine Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Hyper Personalized Medicine Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Hyper Personalized Medicine Market – North America
- 8.3.1. North America: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.3.2. North America: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.3.3. North America: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.3.4. Hyper Personalized Medicine Market – U.S.
- 8.3.4.1. U.S.: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.3.5. Hyper Personalized Medicine Market – Canada
- 8.3.5.1. Canada: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.4. Hyper Personalized Medicine Market – Europe
- 8.4.1. Europe: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.4.3. Europe: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.4.4. Hyper Personalized Medicine Market – UK
- 8.4.4.1. UK: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.4.5. Hyper Personalized Medicine Market – France
- 8.4.5.1. France: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.4.5.3. France: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.4.6. Hyper Personalized Medicine Market – Germany
- 8.4.6.1. Germany: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.4.7. Hyper Personalized Medicine Market – Italy
- 8.4.7.1. Italy: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.4.8. Hyper Personalized Medicine Market – Spain
- 8.4.8.1. Spain: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.4.9. Hyper Personalized Medicine Market – Netherlands
- 8.4.9.1. Netherlands: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.4.10. Hyper Personalized Medicine Market – Russia
- 8.4.10.1. Russia: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.5. Hyper Personalized Medicine Market – Asia Pacific
- 8.5.1. Asia Pacific: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.5.4. Hyper Personalized Medicine Market – China
- 8.5.4.1. China: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.5.4.3. China: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.5.5. Hyper Personalized Medicine Market – India
- 8.5.5.1. India: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.5.5.3. India: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.5.6. Hyper Personalized Medicine Market – Malaysia
- 8.5.6.1. Malaysia: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.5.7. Hyper Personalized Medicine Market – Japan
- 8.5.7.1. Japan: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.5.8. Hyper Personalized Medicine Market – Indonesia
- 8.5.8.1. Indonesia: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.5.9. Hyper Personalized Medicine Market – South Korea
- 8.5.9.1. South Korea: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.6. Hyper Personalized Medicine Market – Middle East & Africa
- 8.6.1. Middle East & Africa: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.6.4. Hyper Personalized Medicine Market – Saudi Arabia
- 8.6.4.1. Saudi Arabia: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.6.5. Hyper Personalized Medicine Market – UAE
- 8.6.5.1. UAE: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.6.6. Hyper Personalized Medicine Market – Israel
- 8.6.6.1. Israel: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.6.7. Hyper Personalized Medicine Market – South Africa
- 8.6.7.1. South Africa: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.7. Hyper Personalized Medicine Market – Latin America
- 8.7.1. Latin America: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.7.4. Hyper Personalized Medicine Market – Mexico
- 8.7.4.1. Mexico: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.7.5. Hyper Personalized Medicine Market – Brazil
- 8.7.5.1. Brazil: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 8.7.6. Hyper Personalized Medicine Market – Argentina
- 8.7.6.1. Argentina: Hyper Personalized Medicine Market, by Application, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Hyper Personalized Medicine Market, by End Use, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Hyper Personalized Medicine Market, by Product, 2019-2032 (USD Billion)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. Abbott
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. ASURAGEN INC
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Dako A/S
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Danaher Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Decode Genetics Inc
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Exact Sciences Corporation
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Exagen Inc
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. GE Healthcare
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Illumina Inc.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. QIAGEN
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
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