Here are four things to know from a Research and Markets report on the global precision medicine market.
1. The market is projected to reach a value of $88 billion by 2022.
2. The precision medicine market is expected to grow at a compound annual growth rate of 12.6 percent through 2022.
3. Market growth is being driven by a number of factors including demand for personalized treatment, technological innovation and government support.
4. The majority of advancements in the market at this point have been in the realm of precision oncology techniques.
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