Can precision medicine overcome the limitations of traditional medicine?

Recent innovations in Precision Medicine for enhanced outcomes

Combining deep desk research with insights from industry experts, this report takes a 360-degree view into precision medicine, looking at its evolution, applications in life sciences and healthcare, legislations, policies and frameworks.

Can precision medicine overcome the limitations of traditional medicine?

Precision Medicine Breakthroughs

FDA’s CDx Revolution

170

CDx have been approved by the FDA to date.

38%

patients on antidepressants were found to be ineffective in Conventional therapies.

Medicines

50%

arthritis medicines

Cancer

75%

on cancer drugs

FDA’s CDx Revolution

170

CDx have been approved by the FDA to date.

Innovations and cutting edge technologies like Quantum computers could vastly accelerate the analysis of pangenomes – new representations of DNA sequences that capture population diversity data, enabling more precise and individualized genetic insights.

Dig deeper into the SGA’s Healthcare Precision Medicine Industry Report to gain valuable insights into the rapidly evolving world of healthcare.

Dig deeper into the SGA's Healthcare Precision Medicine Industry Report to gain valuable insights into the rapidly evolving world of healthcare.

To know more about our

Healthcare Research and Analytics Solutions

Precision Medicine is a transformative approach to healthcare, tailoring treatments to each patient's genetic, environmental, and lifestyle variations.

Precision Medicine is a transformative approach to healthcare, tailoring treatments to each patient’s genetic, environmental, and lifestyle variations.

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FAD approved medicines

In 2023, the FDA approved 26 personalized medicines, accounting for 47% of all approvals along with 19 additional indications of existing personalized medicines and 17 significantly new or expanded uses for 12 diagnostic testing products.
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Companion Diagnostics (CDX)

The inception of CDx can be traced back to 1998, when the FDA granted concurrent approval for trastuzumab, a targeted cancer drug, and HercepTest™, an HER2 immunohistochemical assay. This milestone marked the birth of the drug-diagnostic codevelopment model, a transformative approach.

ABOUT US

Your Comprehensive Support Partner for Precision Medicine

SGA offers end-to-end support for companies in precision medicine through a range of specialized services. We assist them in estimating expected product demand using quantitative and qualitative market research for HCPs, patients, and caregivers. SGA’s REAL forecast methodology further helps project future product potential for the next 5–10 years, complemented by dynamic dashboards for executive visualization. With our pricing benchmark analysis, we identify the overall/annual cost of therapy for competitors as well as analogs and support strategy for penetration in emerging and non-innovator-friendly markets.

Additionally, SGA’s supply chain research and analytics assist in identifying optimal vendors and streamlining logistics, ensuring efficient supply chain management.

SGA offers automation-powered and decision-oriented research expertise required to succeed in this rapidly evolving market.