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Report: Precision Medicine Market to Reach $88B by 2022
HIT Consultant

The global precision market is expected to reach to $88 billion by 2022 at an estimated CAGR of 12.60% from 2015 to 2022 with North America and Europe emerging as leaders, according to Global Precision Medicine Market — Estimation & Forecast (2015-2022) report. This is led by President Obama’s recent announcement to request $1B for fund the Cancer ‘Moonshot’ initiative for researchers to accelerate the development of new cancer detection and treatments. Presently, the main focus of the government initiatives is toward oncology, but it is anticipated to target almost all therapeutic areas affected by genetic mutations.