Asia Pacific Personalized Medicine Market Size & Outlook
Asia Pacific personalized medicine market, 2018-2030 (US$M)
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Asia Pacific personalized medicine market highlights
- The Asia Pacific personalized medicine market generated a revenue of USD 96,780.3 million in 2023.
- The market is expected to grow at a CAGR of 11% from 2024 to 2030.
- In terms of segment, personalized nutrition & wellness was the largest revenue generating product in 2023.
- PM Therapeutics is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 96,780.3 million |
| Market revenue in 2030 | USD 201,527.0 million |
| Growth rate | 11% (CAGR from 2023 to 2030) |
| Largest segment | Personalized nutrition & wellness |
| Fastest growing segment | PM Therapeutics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PM Diagnostics, PM Therapeutics, Personalized Medical Care, Personalized Nutrition & Wellness |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Illumina Inc, Asure Software Inc, Abbott Laboratories, Danaos Corp, Exact Sciences Corp, Danaher Corp, Amgen Inc, Qiagen NV, Exagen Inc Ordinary Shares, Quest Diagnostics Inc, Biogen Inc, Genelux Corp, International Business Machines Corp, Genentech, 23andMe Holding Co Class A |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.3% of the global personalized medicine market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 201,527.0 million by 2030.
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Personalized Medicine Market Scope
Personalized Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific personalized medicine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to personalized medicine market will help companies and investors design strategic landscapes.
Personalized nutrition & wellness was the largest segment with a revenue share of 33.16% in 2023. Horizon Databook has segmented the Asia Pacific personalized medicine market based on pm diagnostics, pm therapeutics, personalized medical care, personalized nutrition & wellness covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of a large target population, growing collaborative initiatives between Western & Eastern market participants, and high market penetration of segments such as complementary & alternative medicine are among the major factors contributing to the relatively faster growth of the Asia Pacific personalized medicine market over the forecast period.
Genomic applications have allowed expansion in personalized health interventions in the Asia Pacific for developing targeted pharmaceuticals and personalized nutrition & nutritional genomics. Recently, the bioinformatics community has recognized the requirement to address computational challenges associated with genomics and postgenomics high-throughput technologies.
Reasons to subscribe to Asia Pacific personalized medicine market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific personalized medicine market databook
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Our clientele includes a mix of personalized medicine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific personalized medicine market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific personalized medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific personalized medicine market size, by country, 2018-2030 (US$M)
Asia Pacific Personalized Medicine Market Outlook Share, 2023 & 2030 (US$M)
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