The briefing examines how personalised healthcare market is evolving. The report also provides insights on the countries most ready to use personalised healthcare services, and the potential impact on the pharmaceuticals and medical sectors.
This report comes in PPT.
According to Euromonitor International’s Lifestyles 2021 survey, over 50% of consumers globally prefer goods or services uniquely tailored for them. The shift towards tailored goods and services is expected to support demand for personalised healthcare services and pharmaceuticals.
According to Euromonitor International’s Lifestyles 2021 survey, 25% of respondents globally plan to increase medical spending. The proportion of respondents planning to spend more on medical services is significantly higher in European, North American and Asian countries.
The shift to digital tools can increase the role of IT and tech companies in the value chain. Tech giants could benefit as they have experience in analysing and extracting value from large quantities of data. Similar capabilities will be required when offering personalised health solutions to consumers.
Developed countries lead in the personalised healthcare transition, thanks to their strong research capabilities, the presence of tech companies and the pharmaceuticals industry. However, emerging markets can improve their healthcare systems by cooperating with tech companies.
Strong advancements in targeted therapeutics, cell and gene therapies and advanced diagnostic testing continue to facilitate the development of personalised medicine. A patient-tailored approach is expected to reduce trial-and-error treatments, and improve outcomes and healthcare cost-effectiveness.
Pharmaceutical developers and producers are set to embrace new production methods and increase collaboration with contract development and manufacturing companies to reduce costs, save time, and offer the flexibility, scalability and reliability needed in personalised medicine production.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!