Global Pharmacogenomics Market Is Estimated To Witness High Growth Owing To Rising R&D Activities And Growing Incidence Of Cancer
Pharmacogenomics Market Overview: Pharmacogenomics is part of the larger effort to tailor medical treatment to individual patients, called precision medicine. The field of pharmacogenomics may be able to help doctors choose and dose medications that are more likely to work well for each patient. This would reduce the number of adverse drug reactions, improve health outcomes, and lower costs. The information derived from pharmacogenetics can also be useful in developing new drugs and in repurposing existing medications for different conditions. However, many tests are still being developed and need to be proven effective in clinical trials before they can be used in patient care. As these technologies are adopted, their use will have a major impact on the way doctors prescribe medications. Market Dynamics: Rising product launches are estimated to augment growth of the global Pharmacogenomics Market during the forecast period. For instance , a genetic testing and precision med