StemCell Therapy

With the rapid technological breakthrough, personalized medicine is gaining popularity. Personalized medicine is rapidly evolving healthcare, in which the genetic profile of an individual is used to customize health management. Next-Generation Sequencing (NGS) is a state-of-the-art technology that has revolutionized genetic studies. This approach is transforming medicine by providing individuals a genetic profile that guides decisions made regarding the prevention, diagnosis, and treatment of disease; this both maximizes health benefits and minimizes the risk of disease. This technology is becoming more common in oncology, though the clinical benefit of incorporating it into precision medicine strategies remains under significant debate. The speed, accuracy, and increasing affordability of NGS have aided the introduction of precision medicine, which involves designing treatment based on a persons disease-driving molecular alterations. Several studies have shown the utility of NGS in identifying clinically actionable mutations in cancer patients. For example, the Genomics Evidence Neoplasia Information Exchange (GENIE), an international data-sharing consortium, estimated an actionability rate of 30% across numerous cancers. Moreover, rising cancer burden has led to the growth in R&D in this field.

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Research Report on Next-Generation Sequencing for Personalized Cancer Medicine Market Size & Share 2020 With Top Players and COVID-19 Analysis and...

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