Global Precision Oncology Market Trends and Growth Opportunities Report 2023: Public-private Partnerships Will Propel Access and Adoption of Precision Oncology Enhancing Integrated Solutions

DUBLIN, Dec. 8, 2023 /PRNewswire/ — The “Global Precision Oncology Market Trends and Growth Opportunities” report has been added to  ResearchAndMarkets.com’s offering.

This study highlights current technological trends and emphasizes the interdisciplinary efforts underway to ensure that a greater number of cancer patients can benefit from precision oncology soon. The study also highlights some of the key market drivers and restraints, partnerships, and present and future market trends that affect the growth of the market. Industry use cases will provide brief insights into some of the game-changing participants who are working toward developing disruptive technologies and drugs for precision oncology. 

The procedure for accurately identifying a biomarker correlation based on a patient’s genetic makeup is complex and relies on the expertise and knowledge of an oncologist, decision-support scientist, or other healthcare professional involved in the matching process. Precision oncology aims to provide oncologists with diagnosis, prognosis, and treatment tools to tailor the treatment according to patients’ genetic makeup.

Acquiring, storing, and processing high-quality biomaterials and collecting organized clinical information with longitudinal data sets is a challenge. Consent and securely sharing sensitive data with analytical platforms within and outside healthcare organizations are practical problems when dealing with patient data. Emerging technologies such as AI, ML, robotics, and big data-based multi-omics tools are enabling and improving the precision and development of targeted treatments.

Extensive tumor profiling is required for the identification of accurate genetic biomarkers and actionable targets. Accurate diagnosis is crucial for implementing personalized treatment for patients. It is crucial to identify specific biomarkers that can predict both the response to treatment and the occurrence of adverse effects in patients, to determine the subpopulation that would benefit from a particular therapy. This helps to account for genetic predisposition.

Precision oncology has changed clinical trial design, resulting in precision diagnostics-based studies such as umbrella trials and basket trials. These studies treat patients based on their oncogenic driver aberration, not their cancer kind. The most recent type is N-of-1 studies, often called patient-centered trials, which assess patient-specific therapy combinations.

Precision oncology uses careful monitoring to assess tumor response to therapy and change therapeutic actions if drug resistance is anticipated. Post-treatment molecular testing may detect resistance mutations. Noninvasive disease burden monitoring using plasma circulating tumor cell cDNA analysis is a breakthrough.

The study will provide emerging growth opportunities for the market based on clinical need, use cases, business models, preventive care, market access strategies, and technology trends.

Growth Opportunity Universe

AI for Treatment Planning and SelectionThe Increasing Adoption of TheranosticsIntegrated Cancer Data PlatformsThe PPP Model Will Scale Precision Oncology in APAC

Key Topics Covered:

Strategic Imperatives

Why is it Increasingly Difficult to Grow?The Strategic Imperative The Impact of the Top 3 Strategic Imperatives on the Global Precision Oncology IndustryGrowth Opportunities Fuel the Growth Pipeline Engine

Growth Opportunity Analysis

Scope of AnalysisThe Global Cancer BurdenPrecision Oncology PathwayOverview of Precision Oncology – From the Patient to the Development of Targeted TherapeuticsFactors Impacting the Advancement of Precision OncologyKey Trends and Strategies Driving Precision Oncology’s ImplementationPrecision Oncology Business Model – PPPsPrecision Oncology Business Model – Strategies by Different PlayersGrowth DriversGrowth RestraintsPrecision Oncology Vendor Ecosystem

Precision Oncology R&D

Challenges – R&DOverview – Targeted Drug Development ProcessPrecision Oncology TrialsNext-generation Precision Oncology TrialsPotential Advantages of Incorporating Genomic Screening in Clinical TrialsFuture Strategies for Precision Oncology R&D

Country-level Initiatives to Drive Precision Oncology R&D

PPP-driven Initiative To Promote Precision Oncology – OmicoA Government-backed Initiative To Promote Precision Oncology Trials – Canadian Precision Oncology Trial FinderAcademic-backed Initiative To Promote Precision Oncology Trials – MatchMiner

Precision Oncology Screening, Diagnosis, Prognosis and Treatment Selection

Challenges – Precision Diagnostics, Prognosis, and Treatment SelectionOverview – Precision Cancer Screening, Diagnosis, Prognosis, and Treatment SelectionFuture Strategies for Precision Diagnostics, Prognosis, and Treatment Selection

Precision Oncology Monitor and Survivorship Care

Challenges – Monitor and Survivorship CareOverview – Key Factors Impacting Cancer Survivorship CareLong-term Care Management for Cancer SurvivorsFuture Strategies for Cancer Care

Evolving Role of Omics and Informatics in Advancing Precision Oncology

Challenges – Omics and InformaticsAdvantages of Omics and InformaticsThe Omics Pipeline – The Information Flow from Multiomics PlatformsThe Application of Multi-omics Analysis in Precision OncologyThe Application of Informatics in Precision OncologyThe Application of AI in Precision Oncology

Innovative Companies Propelling Precision Oncology

Roche Group, SwitzerlandIndustry Use Case and Analyst PerspectiveCaris Life Sciences, United StatesIndustry Use Case and Analyst PerspectiveAcrivon Therapeutics, United StatesMassive Bio, United StatesIndustry Use Case and Analyst PerspectiveBostonGene, the United StatesIndustry Use Case and Analyst PerspectiveOutcomes4Me, United StatesIndustry Use Case and Analyst Perspective

For more information about this report visit https://www.researchandmarkets.com/r/jc5t4s

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