The Human Genome Project, a $3.00 billion international effort to sequence and map the full human genome, was completed in 2003. The human genome project allowed scientists to conduct a comprehensive investigation into individual disease gene variations and develop targeted therapies.
As a result of the research, a platform for the application of precision medicine was established. The overall precision medicine industry has, since, shown potential market growth.
According to a study from BIS Research, the Middle East precision medicine market was estimated to be at $3.94 billion in 2021, which is expected to grow with a CAGR of 7.37% and reach $8.62 billion by 2032.
Precision medicine is gaining traction in the medical world thanks to rapid advancements in advanced technologies like next-generation sequencing, molecular biomarker evaluation, bioinformatics, and big data analytics.
Due to such modern technologies, precision medicine could prevent and treat a wide range of diseases, including cancers, cardiovascular, neurology, diabetes, as well as other disorders that plague the current healthcare system.
Precision Medicine - Overview
Precision medicine entails a thorough examination of patient-specific data to diagnose and define diseases and develop target-based treatments.
It is a method of illness prevention and treatment that considers each person's unique genetic, environmental, and lifestyle characteristics.
The precision medicine method enables doctors and researchers to forecast which therapy and preventative efforts more precisely for a certain illness will succeed and in which groups.
This technique has the potential to completely transform the healthcare business. It's a new strategy that allows researchers to investigate a variety of ailments by analyzing a person's genetic makeup and then tailoring therapy to each patient.
Precision medicine can assist physicians in tailoring medicines to the requirements of individual patients, perhaps resulting in better outcomes at lower costs, by combining a detailed comprehension of diseases with:
• precise risk evaluations
• constant monitoring
• early discovery
• powerful analytics
• rich patient data
A Multifarious Approach to Medical Care via Precision Medicine
Advances in bioanalytical techniques have aided in the study of metabolites in single cells, transcripts, and proteins, allowing researchers to investigate cellular heterogeneity and how it affects normal and abnormal processes.
Due to amplification biases created by the limited amount of starting DNA/RNA material, single-cell bioinformatics assessment is essential for normalization. The goal of single cell analysis is to identify changes between cells.
Because bulk-cell data processing approaches might not be directly relevant to single-cell data, the study opens a new field for bioinformatics.
The number of commercialized predictive biomarker assessments has soared in recent years to aid in the development of tailored therapies, particularly in the context of chronic diseases.
Precision medicine is a form of biomarker-based test or assay produced in parallel with the targeted medication development process using a drug-diagnostic co-development methodology.
Companion diagnostics also give critical information for patient categorization, allowing for the effective and safe use of relevant drugs or biological products. Companion diagnostics also assist healthcare providers in evaluating the advantages, side effects, and hazards of any medicinal product on a patient.
Treatment and Management
Biomarker testing can assist clinicians in selecting the optimal treatment option:
• In solid tumors and blood malignancies, biomarker testing searches for genetic or other abnormalities. Finding these alterations can aid doctors in selecting the best effective treatment. Even if two patients have the same form of cancer, their therapies may differ.
• Biomarker analysis can also forecast if cancer will reappear, which can help decide whether to pursue treatments like chemotherapy or radiation.
Pharmacogenomics can aid doctors in prescribing the most effective medicine and dose:
• Many variables, including your DNA, influence how people respond to medicine. Some patients may thrive from a medicine, while others may experience major side effects or have a poor response.
• Pharmacogenomics examines how the DNA influences the drug response and can assist the doctor in selecting a treatment and dose that is both safe and effective for individuals.
Conclusion
Precision medicine aids health care providers in better understanding the many factors that influence a patient's health, illness, or condition, such as environment, lifestyle, and heredity.
This knowledge allows them to better forecast which therapies will be the most successful and safe, as well as how to prevent the sickness from developing in the first place.
