Pharmacogenomics Industry Report 2024: Analysis by Technology, Application, End-user, Region, and Company with Growth Forecasts to 2032 [Yahoo! Finance]
Abbott Laboratories (ABT)
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Source: Yahoo! Finance
Dublin, Oct. 11, 2024 (GLOBE NEWSWIRE) -- The "Pharmacogenomics Market Report by Technology, Application, End User, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. The global pharmacogenomics market size reached US$ 7.9 billion in 2023. Looking forward, the market is expected to reach US$ 16.1 billion by 2032, exhibiting a growth rate (CAGR) of 8.2% during 2023-2032. Significant growth in the pharmaceutical industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing demand for precision medicines with enhanced drug safety is providing a thrust to the growth of the market. With the increasing prevalence of chronic lifestyle diseases, there is widespread adoption of targeted drug therapies with minimal side effects and improved efficacy. In line with this, pharmacogenomics is also extensively used for cancer treatments and anticipating the possible drug responses, resistance, efficacy a
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