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Pulished Date February, 2020
ID: 1401
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Asia Pacific Precision Medicine Market Research Report – Segmented By Technology, Application, By Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Size, Share, Trends, Growth Opportunities Assessment, Industry Forecast (2020 to 2025)

Pulished: February, 2020
ID: 1401
Pages: 145

APAC Precision Medicine Market Size (2020 to 2025)

As per the report published by MarketDataForecast, the Asia Pacific Precision Medicine Market size was valued at USD 11.08 Billion in 2020. This value is further projected to reach USD 19.96 Billion by 2025, at a CAGR of 12.5% during the forecast period.

Precision medicine is evaluating the diagnostic and treatment procedures from the data collected from the individual patient. Due to this factor, the demand for this kind of therapy is rising across the globe. Next-generation sequencing techniques are playing a vital role in the development of genome projects. Also, this technique delivers accurate genome data of the patient and the patients' response to drugs. This data is widely used in the development of precision medicine, which is solely propelling the growth rate of the market.

The advancement of the technologies with the combination of Next-generation sequencing and companion diagnostics in the genomics field is escalating the growth rate of the Precision medicine market to the extent. The spread of novel coronavirus diseases is also one of the factors surging the market demand in 2020. Increasing prevalence for the development of drugs for novel diseases and the growing importance of human genome repositories are propelling the market's need. The ever increasing knowledge over gene therapy is ascribed to fuel the growth rate of the precision medicine market in the Asia Pacific.

However, the maintenance and installation of the equipment in laboratories are a bit expensive, which is slowly hindering the growth rate of the market. The dearth of skilled researchers in understanding the advanced technologies is also a factor hampering the market demand in the Asia Pacific. Lack of reimbursement policies in undeveloped countries is limiting the need for the market.

This research report on the Asia-pacific precision medicine market has been segmented and sub-segmented into the following categories:

By Technology: 

  • Big Data Analytics
  • Bioinformatics
  • Gene Sequencing
  • Drug Discovery
  • Companion Diagnostics
  • Others

By Application: 

  • Oncology
  • CNS
  • Immunology
  • Respiratory
  • Others

By Country: 

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Regional Analysis

It is expected, the Asia-Pacific precision medicine market will reach new growth heights in the near future as the demand for these medicines is significantly increasing.

Indian precision medicine market is holding with significant shares in the APAC market. Growing incidences of various infectious diseases is undoubtedly a major for the market to grow in this country. The rise in the prevalence of improving the healthcare infrastructure is elevating the growth rate of the market. According to the Indian Council of Medical Research, over 17 million new cases are seen per year. Thus, there is enormous scope for precision medicine in India.

The Chinese market is one of the leading countries in the research of precision medicine. The increasing geriatric population is significantly influencing the demand of the market. The rising number of clinical trials on developing a vaccine to control the spreadCOVID-19 of this outbreak is escalating the need of the market. 

In Japan, the market size is growing following China. The rise in the scale of research and development activities is prompting the growth rate of the market. Japans National Cancer Center is conducting various projects on developing precision medicine for cancer.

Australian precision medicine market is esteemed to have prominent shares in coming years. Innovation and Science Australia has identified the benefit of using genomics and precision medicine. Escalating expenditure on healthcare and a rise in demand for quality health services are boosting up the growth rate of the market. 

The Korean government said to invest 55.7 million USD in developing precision medicine. The ministry of science and ICT has launched a precision medicine promotion body with the Korean University Medical Applied R&D Global Initiative Center, which is propelling the market's growth. 

Major companies operating in the APAC Precision Medicine Market are Pfizer, Roche, Covance, Novartis, Qiagen, Biocrates Life Sciences, Teva Pharmaceutical, Nanostring Technologies, Laboratory Corporation of America Holdings, Tepnel Pharma Services, Intomics, Ferrer InCode, Silicon Biosystems, Eagle Genomics, Medtronic, and Quest Diagnostics, are the significant players of North America Precision Medicine market.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 Technology                

                                5.1.1 Introduction           

                                5.1.2 Big Data Analytics

                                5.1.3 Bioinformatics       

                                5.1.4 Gene Sequencing

                                5.1.5 Drug Discovery      

                                5.1.6 Companion Diagnostics     

                                5.1.7 Others      

                                5.1.8 Y-o-Y Growth Analysis, By Technology         

                                5.1.9 Market Attractiveness Analysis, By Technology       

                                5.1.10 Market Share Analysis, By Technology      

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Oncology 

                                5.2.3 CNS            

                                5.2.4 Immunology          

                                5.2.5 Respiratory             

                                5.2.6 Others      

                                5.2.7 Y-o-Y Growth Analysis, By Application         

                                5.2.8 Market Attractiveness Analysis, By Application        

                                5.2.9 Market Share Analysis, By Application         

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product

                                                6.1.3.3 By Type

                                                6.1.3.4 By Application

                                                6.1.3.5 By Indication

                                6.1.4 Market Attractiveness Analysis      

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product

                                                6.1.4.3 By Type

                                                6.1.4.4 By Application

                                                6.1.4.5 By Indication

                                6.1.5 Market Share Analysis        

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product

                                                6.1.5.3 By Type

                                                6.1.5.4 By Application

                                                6.1.5.5 By Indication

                6.2 China                            

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea               

                6.6 Australia                      

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8.Market Leaders' Analysis                                          

                8.1 Pfizer                            

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Roche                           

                8.3 Covance                      

                8.4 Novartis                       

                8.5 Qiagen                         

                8.6 Biocrates Life Sciences                          

                8.7 Teva Pharmaceutical                              

                8.8 Nanostring Technologies                      

                8.9 Laboratory Corporation of America Holdings                

                8.10 Medtronic                

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10.Market Outlook and Investment Opportunities                                           

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia-Pacific Precision Medicine Market, By Region, From 2020 to 2025 (USD Billion)
  2. Asia-Pacific Precision Medicine Market, By Technology, From 2020 to 2025 (USD Billion)
  3. Asia-Pacific Big Data Analytics Market, By Region, From 2020 to 2025 (USD Billion)
  4. Asia-Pacific Bioinformatics Market, By Region, From 2020 to 2025 (USD Billion)
  5. Asia-Pacific Gene Sequencing Market, By Region, From 2020 to 2025 (USD Billion)
  6. Asia-Pacific Drug Discovery Market, By Region, From 2020 to 2025 (USD Billion)
  7. Asia-Pacific Companion Diagnostics Market, By Region, From 2020 to 2025 (USD Billion)
  8. Asia-Pacific Other Precision Medicine Technologies Market, By Region, From 2020 to 2025 (USD Billion)
  9. Asia-Pacific Precision Medicine Market, By Application, From 2020 to 2025 (USD Billion)
  10. Asia-Pacific Oncology Precision Medicine Market, By Region, From 2020 to 2025 (USD Billion)
  11. Asia-Pacific CNS Precision Medicine Market, By Region, From 2020 to 2025 (USD Billion)
  12. Asia-Pacific Immunology Precision Medicine Market, By Region, From 2020 to 2025 (USD Billion)
  13. Asia-Pacific Respiratory Precision Medicine Market, By Region, From 2020 to 2025 (USD Billion)
  14. Asia-Pacific Other Precision Medicine Applications Market, By Region, From 2020 to 2025 (USD Billion)
  15. China Precision Medicine Market, By Technology, From 2020 to 2025 (USD Billion)
  16. China Precision Medicine Market, By Application, From 2020 to 2025 (USD Billion)
  17. India Precision Medicine Market, By Technology, From 2020 to 2025 (USD Billion)
  18. India Precision Medicine Market, By Application, From 2020 to 2025 (USD Billion)
  19. Japan Precision Medicine Market, By Technology, From 2020 to 2025 (USD Billion)
  20. Japan Precision Medicine Market, By Application, From 2020 to 2025 (USD Billion)
  21. South Korea Precision Medicine Market, By Technology, From 2020 to 2025 (USD Billion)
  22. South Korea Precision Medicine Market, By Application, From 2020 to 2025 (USD Billion)
  23. Australia Precision Medicine Market, By Technology, From 2020 to 2025 (USD Billion)
  24. Australia Precision Medicine Market, By Application, From 2020 to 2025 (USD Billion)

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