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United States Personalized Medicine Market Size & Forecast 2025–2033

 2 days ago
source link: https://www.renub.com/united-states-personalized-medicine-market-p.php
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The U.S. Personalized Medicine Market is projected to grow from US$ 169.56 billion in 2024 to US$ 307.04 billion by 2033, at a CAGR of 6.82%. Advances in next-generation sequencing, genomics, AI integration, patient demand for customized therapies, and rising investment in biotech and digital health are driving this growth.

Market Outlook

Personalized medicine tailors treatments to genetics, lifestyle, and environment, moving healthcare beyond the “one-size-fits-all” model. With applications in oncology, neurology, cardiology, and infectious diseases, the U.S. is emerging as a global leader in precision healthcare. Companion diagnostics, AI-powered genomics, and digital health platforms are reshaping clinical decisions and drug pipelines.

Key Growth Drivers

Genomic & Molecular Tech – NGS, biomarkers & pharmacogenomics enabling faster, precise diagnostics.

Targeted Therapies – Growing demand for safer, more effective treatments in chronic diseases & cancer.

Supportive Regulation – FDA fast-tracking precision drugs; federal genome projects fueling adoption.

Challenges

High costs of sequencing, biologics & advanced therapies limit access.

Low standardization & skills gap in clinical integration of genomics data.

Major Players

Abbott, GE Healthcare, Illumina, QIAGEN, Eli Lilly, AbbVie, Takeda, Roche

Conclusion

Backed by government support, biotech investment, and patient-driven demand, the U.S. personalized medicine market is on a steady growth path, though cost barriers and integration challenges remain hurdles to mass adoption.


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