Precision medicine, also called personalized medicines, has been gaining traction worldwide as they allow the intrusion of patients in taking personal healthcare and offer more targeted therapies for patients that will offer lucrative opportunities over the review timeframe. The global Precision Medicine Market has witnessed massive growth due to advanced technological developments, more targeted therapies to the individuals, increasing prevalence of various genetic diseases, and the launch of numerous big data healthcare companies. However, the increased costs of diagnosis and strict regulations and standards can restrict the market's growth over the coming years.
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