Navigation Links
$232 Billion Personalized Medicine Market to Grow 11 Percent Annually, says PricewaterhouseCoopers
Date:12/8/2009

mer (DTC) diagnostic market is growing and controversial. Genetic testing products for in-home use are empowering consumers with real-time information, enabling them to predict their medical risks, detect disease earlier and better manage their health status. Market research analysts estimate the current size of the global market for genetic testing at $730 million, with a 20 percent annual growth rate. Though a relatively small portion of this market, DTC testing is expected to grow rapidly in response to consumer demands and declining prices.
  • Consumer: Consumer products companies are not only leveraging the new science in the development of new products but also have the marketing expertise and insights to target consumers that many healthcare organizations don't have. Food and beverage companies have long fortified their products with vitamins and other nutrients, and through advancements in science and food manufacturing they will increasingly tailor products, packaging and promotional activities that appeal to health-conscious consumers. As early as 2003, Nestle, a global leader in foods that deliver nutrition, health and wellness benefits, announced that it was "moving from an agrifood business to an R&D-driven nutrition, health and wellness company." The pace of growth in this area, however, may be set by complex issues such as establishment of a regulatory approval pathway for the validation of health claims, intellectual property protections and cost of research and development.
  • Telecom and Technology. Technology companies, including some with little or no health expertise, are capitalizing on emerging opportunities to manage vast quantities of genetic and other health data and build IT infrastructure and connectivity solutions.

Challenges for traditional healthcare

The growth of personalized m
'/>"/>

SOURCE PricewaterhouseCoopers
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine technology :

1. Bayer HealthCare Celebrates 20th Anniversary of Kogenate(R) Product Line and 8 Billion IU Milestone at 2008 WFH World Congress
2. Worldwide Cost Estimate for Alzheimers and Dementia Is US$315.4 Billion
3. Study Shows Brain Fitness can Save Medicare Billions
4. $500 Billion Health Care Spend Boosts BRIC Countries Diagnostic Imaging Sales Despite Global Recession, According to Millennium Research Group
5. Biosimilar Insulins and Insulin Analogues Stand to Erode $6.1 Billion in Brand Sales in the U.S. and Europe by 2018
6. Antibiotic-Resistant Infections Cost the U.S. Healthcare System in Excess of $20 Billion Annually
7. Global Spinal Nonfusion Market to Reach Almost $2 Billion By 2013, According to Millennium Research Group
8. Amgen Board Authorizes $5 Billion Increase in Stock Repurchase Program
9. Service Outsourcing Opportunities in Medical Device Market worth US$26.77 Billion by 2014
10. Zimmer Holdings, Inc. Agrees to Sell $1 Billion of Senior Notes
11. The Cancer Pain Drug Market, Driven by the Continued Dominance of Opioids, Will Increase From $2.3 Billion in 2008 to $3.7 Billion in 2018
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2014)... NEW YORK , Aug. 27, 2014 /PRNewswire/ ... report is available in its catalogue: ... http://www.reportlinker.com/p02316671/Global-Orthopedic-Soft-Tissue-Repair-Devices-Market-2014-2018.html ... soft tissues are the mass of cells that ... types of orthopedic soft tissues such as tendons, ...
(Date:8/27/2014)... 2014 Decision Resources Group finds that the ... Memphis health system and hospital sector in ... rivals Methodist Le Bonheur Healthcare and Baptist Memorial Health ... patient care. In addition, a national contract recently signed ... plan enrollment in the Memphis ...
(Date:8/27/2014)... NEW YORK , Aug. 27, 2014 /PRNewswire/ ... report is available in its catalogue: ... http://www.reportlinker.com/p02316644/Global-Heart-Valve-Repair-and-Replacement-Market-2014-2018.html ... are structures in the human heart which control ... A person affected with heart valve diseases such ...
Breaking Medicine Technology:Global Orthopedic Soft Tissue Repair Devices Market 2014-2018 2Global Orthopedic Soft Tissue Repair Devices Market 2014-2018 3Global Orthopedic Soft Tissue Repair Devices Market 2014-2018 4Global Orthopedic Soft Tissue Repair Devices Market 2014-2018 5Memphis-area Health Systems Turn Attention to Clinical Integration 2Global Heart Valve Repair and Replacement Market 2014-2018 2Global Heart Valve Repair and Replacement Market 2014-2018 3Global Heart Valve Repair and Replacement Market 2014-2018 4
... , PITTSBURGH, Dec. 22 Mylan Inc. (Nasdaq: MYL ... received tentative approval from the U.S. Food and Drug Administration ... for its New Drug Application (NDA) for Efavirenz Tablets, 50 ... in tablet form were developed by Matrix for use in ...
... , , , , , , CAPUA, Italy, Dec. 22 ... an agreement with Laboratoires Mayoly Spindler, Chatou Cedex, France, for ... process development and commenced cGMP manufacture of the Mayoly Spindler ... BioSolutions manufactures the lipase compound at its microbial fermentation facility ...
Cached Medicine Technology:Mylan Receives Tentative FDA Approval Under PEPFAR for Matrix Laboratories' New Drug Application (NDA) for Efavirenz Tablets 2DSM to Manufacture 'MS1819' Lipase Compound for Mayoly Spindler 2DSM to Manufacture 'MS1819' Lipase Compound for Mayoly Spindler 3DSM to Manufacture 'MS1819' Lipase Compound for Mayoly Spindler 4
(Date:8/27/2014)... The National League for Nursing is ... RN, FAAN, became the inaugural director of the ... the Science of Nursing Education , effective August 11. ... NLN Home for Transformative Excellence, established with the League’s ... , Under Dr. Dennis’s leadership, the NLN/Chamberlain Center ...
(Date:8/27/2014)... (PRWEB) August 28, 2014 Delta, a ... recently added several practical Cat D7R Dozers to its ... company’s senior spokesman has announced that all these items ... this promotion is to expand Delta’s market share in ... proud to launch the special offer; he has much ...
(Date:8/27/2014)... Lake Worth, FL (PRWEB) August 27, 2014 ... they are now a sponsor for Florida Mental Health ... to the benefits the new sponsorship is sure to ... meeting the professional needs of Florida’s licensed mental health ... division of the American Counseling Association (ACA) and since ...
(Date:8/27/2014)... August 27, 2014 The New York ... is holding free events about “ Sexuality & Intimacy ... Treston. These straightforward and entertaining discussions are for mature ... Mobility (501 Concord Avenue, Mamaroneck, NY) and October 7 ... Bethpage, NY). , The New York Mobility Club ...
(Date:8/27/2014)... The American College of ... management and treatment of pulmonary arterial hypertension (PAH) ... in Adults: CHEST Guideline, in the journal CHEST. ... and provide the latest and most accurate treatment ... Association (PHA) – the country’s leading pulmonary ...
Breaking Medicine News(10 mins):Health News:Betty Pierce Dennis to Lead NLN/Chamberlain College of Nursing Center for the Advancement of the Science of Nursing Education 2Health News:Betty Pierce Dennis to Lead NLN/Chamberlain College of Nursing Center for the Advancement of the Science of Nursing Education 3Health News:Betty Pierce Dennis to Lead NLN/Chamberlain College of Nursing Center for the Advancement of the Science of Nursing Education 4Health News:Reliable Supplier Delta Adds New Items To Its Used Bulldozer Collection 2Health News:Millennium Treatment Group Sponsors Florida Mental Health Counselors Association 2Health News:Bussani Mobility Sponsors New York Mobility Club Meetings September 9 & October 7 for People with Disabilities, Sexuality & Intimacy Discussed by Advocate Liz Treston 2Health News:Pulmonary Hypertension Association Endorses CHEST Guidelines for Treatment of Pulmonary Arterial Hypertension in Adults 2
... Spain throughout the second half of the twentieth century. ... factors such as the advice of healthcare professionals, longer ... her level of education. "Up until not ... but things have changed in the second half of ...
... HealthDay Reporter , THURSDAY, Sept. 29 (HealthDay News) -- ... the globe, new research suggests that folks seem to awaken ... regardless of where they live. The novel study by ... people in 84 countries over two years, finding that work, ...
... IL Ben Franklin was right, at least on the healthy ... helped a cross-section of early-bird Australian youths keep slimmer and more ... the same amount of sleep. A study in the Oct. ... and wake times of 2,200 Australian participants, ages 9 to 16, ...
... , THURSDAY, Sept. 29 (HealthDay News) --,New genes associated ... large-scale analysis of genetic data related to the disease. ... six large databases for DNA data from about 10,000 ... In addition to validating results from previous research, ...
... has received a $750,000 grant from the Cleveland Foundation ... Stanley Hazen, M.D., Ph.D., will be ... spans a broad range of topics, from researching the ... identifying non-invasive testing for asthma. Recently, he published a ...
... in normal tissue may play a different role in colon ... researchers at the University of Illinois at Chicago College of ... skin and gut cells -- and in cancerous, but not ... the normal function of this protein in the gut, where ...
Cached Medicine News:Health News:Woman with a higher social standing and educational attainment breastfeed for longer 2Health News:Twitter Reflects World's Changing Moods 2Health News:Twitter Reflects World's Changing Moods 3Health News:Early to bed and early to rise -- study suggests it's keeping kids leaner 2Health News:Knockout of protein prevents colon tumor formation in mice 2
Ammonia reagent is used for the quantitative and enzymatic determination of ammonia in human plasma....
The Proteineer suite integrates powerful mass spectrometers with robotics and bioinformatics to deliver maximum productivity in high-throughput proteomics....
The new ProteomeX Workstation enables the rapid set up, execution and analysis of multidimensional LC/MS methods, providing you with the best possible technique to characterize your complex proteomic...
... functions over a wide range of ... delivering more thorough characterization than other ... the relative change in the distribution ... way to measure heterogeneity, stoichiometry and ...
Medicine Products: