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The Worldwide Precision Medicine Industry is Expected to Reach $100 Billion by 2026
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The precision medicine market is evaluated at US$60.422 billion for the year 2020 growing at a CAGR of 8.79% reaching the market size of US$100.168 billion by the year 2026.
Increasing Chronic Diseases
The market is expected to be driven by the growth and surge in several chronic diseases such as cardiovascular diseases, obesity, and other related diseases. According to the World Health Organization, Cardiovascular diseases are one of the major causes of deaths, globally, every year. In 2016, an approx. 17.9 million people died from cardiovascular diseases, which represented approx. 31% of global deaths. Most of these deaths were due to different types of strokes and heart attacks. Precision Medicines have been quickly moving towards real-world clinical features, and various scientific and research organi
4baseCare, Tata Memorial Centre to develop AI based clinical interpretation platform
4baseCare, Tata Memorial Centre to develop AI based clinical interpretation platform
09 January 2021 | News This AI driven tool will support oncologist in clinical decision making and to offer precision medicine to cancer patients
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4baseCare, an Illumina Accelerator backed precision oncology startup in Bengaluru and ACTREC (Advanced Centre for Treatment, Research and Education in Cancer) - Tata Memorial Centre (TMC) in Mumbai have signed a collaboration agreement for an AI driven clinical interpretation platform, ClinOme.
The collaboration aims at making an indigenous platform to generate data insights and simplified reports to guide oncologists with personalised treatment options for treating cancer patients.
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