Global Precision Medicine Software Market to Reach $4.4 Billion by 2030
The global market for Precision Medicine Software estimated at US$2.2 Billion in the year 2023, is expected to reach US$4.4 Billion by 2030, growing at a CAGR of 10% over the period 2023-2030. On-Premise Deployment, one of the segments analyzed in the report, is expected to record 9.3% CAGR and reach US$2.6 Billion by the end of the analysis period. Growth in the Cloud Deployment segment is estimated at 11% CAGR for the next 7-year period.
The U.S. Market is Estimated at $584 Million, While China is Forecast to Grow at 13.3% CAGR
The Precision Medicine Software market in the U.S. is estimated at US$584 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 13.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 8.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.
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