Precision medicine (also known as individualized medicine or personalized medicine) is an emerging field that tailors the treatment according to the individual’s lifestyle, genetic makeup, and environment. This allows researchers and doctors to forecast more precise treatment and preventive strategies for a particular disease. It is achieved by using scientific techniques and statistical analysis of complex health situations.
Precision medicine is a health care management approach that advocates the personalized management of health, with individualized treatments, medical procedures, practices, or items being tailor to a specific subpopulation of patients. The practice emphasizes the precision of end points in assessing both the severity and duration of disease and the quality of the treatment provided. The goal of precision medicine is to decrease the overall treatment burden, while maximizing the individual's capacity for healing.
For this reason, it has been successful in reducing health-related deaths, spending, and productivity through improved access to accurate diagnosis and treatment, and prevention of adverse health events. It has also helped to reduce financial costs by promoting the use of accurate tests and therapies, resulting in more efficient use of health-care resources and increased satisfaction among patients and their families.
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