Personalizedmedicare is the trend nowadays. This is made possible by combining medicalservices with cloud technologies. This diffusion of services are efficientlydelivered by the precision software companies. It also helps in detectingdiseases at the right time.
Theprecision medicine software market is globally driven by factors such asincreasing collaboration between research institutions and companies, risingR&D expenditure on precision medicine, and a rise in licensing agreementsand partnerships among companies.
Medicalindustry acts as the life supporter for patients across the globe. Improvingtechnologies and reducing costs of medications have helped in reaching out topatients across the globe. Multiple segments have emerged inside the medicalindustry such as precision medicine software companies’ market.
Fromcancer detection, genetic disorders to treating cardiac diseases, precisionmedicine software companies have helped in reducing a large number of casesaround the world. These techniques are helpful for clinicians and physicians toefficiently monitor the patient.
Theprecision medicine software companies’ service is used for advancements ingenetic research and genomics. It has a wide range of applications in both thediagnostics and clinical areas for a better understanding of diseases such asresearching new therapies, cancer, searching for new biomarkers, repurposingexisting drugs, and stratifying patients for clinical trials.
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Accordingto Verified Market Research experts, this market was valued at USD 1.2 billion in 2018. Global Precision Software Companies’Market Report projected its market cap to reach USD 2.8 billion by 2026. Download the sample reportwhich brushes over the details that this market is growing at a CAGR of 11.2% from 2019 to2026.
Precisionmedicine software is an arising approach for the prevention and treatment ofdiseases such as rare illness, cancer, and infectious diseases. It is thecombination of molecular biology systems and techniques.
Leading precision medicinesoftware companies
2bPrecise
2bPrecise is an American brand that operatesunder its parent organization ‘Allscripts’. Since inception, this company hasbeen rewriting the rules of the precision medicine software companies’ segment.It has achieved many awards in the global medical industry.
PierianDx
PierianDx is acting as the catalyzer for theglobal adoption of genomic sequencing. Its industry-leading solutions are usedby many major hospital chains. Also, with the help of its wide productportfolio such as genomic SaaS solutions, CAP and CLIA accredited laboratory,and shared knowledge base are used by health systems, it has managed to gathera spot among top players of the precision medicine software companies’ segment.
Gene42 Inc
Gene42 Inc has become a trusted source for gettingmedical services. It operates under its trademark name PhenoTips. This Canadianenterprise has introduced many industry-firsts, in the precision medicinesoftware companies’ market, that have set new records.
Foundation Medicine
Foundation Medicine was established in 2009. This American organizationis the face of the precision medicine software companies’ global market. It hasmade its name as a molecular information company that is dedicated totransforming cancer care globally. It is using its deep understanding of thegenomic changes for delivering customized solutions to each patient’s uniquecancer.
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N-of-One Inc
N-of-One Inc is another American brand that is apart of the fast evolving precision software companies’ market. It is the flagbearer of the global precision medicine software companies’ market. It is knownto provide clinicians with the most concise, accurate and clinically meaningfulinterpretation of molecular test results. It is one of the most reliable namesin the medical industry.
Translational Software
Translational Software uses its futuristicvision to provide industry-leading clinical interpretation. This further helpsin shortening the time from test results to therapeutic strategy options foreach case. Translational Software is known for its unique approach andworld-class R&D division in the precision medicine software companies’market. It aims to deliver best solutions to support clinicians in everymedical case.
Syapse
Syapse started its operations in 2008. Since then, this Americanenterprise has been working on building one of the world’s largest networks.This network is completely dedicated to improving outcomes in cancer care. Itemployees precision medicine to achieve its goals. Syapse and its partners areworking towards a future in which all cancer patients have access to thequality of care they need.
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