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    US Personalized Medicine Market

    ID: MRFR/HC/10195-HCR
    200 Pages
    Rahul Gotadki
    October 2025

    US Personalized Medicine Market Research Report By Product Outlook (Personalized Medicine Diagnostics, Personalized Medicine Therapeutics, Personalized Medical Care, Personalized Nutrition and Wellness), By Application Outlook (Oncology, CNS, Immunology, Respiratory, Others) and By End-User Outlook (Hospitals, Diagnostic Centers, Research Academic Institutes, Others)-Forecast to 2035

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    US Personalized Medicine Market Summary

    As per MRFR analysis, the US personalized medicine market Size was estimated at 125.31 USD Billion in 2024. The US personalized medicine market industry is projected to grow from 133.19 USD Billion in 2025 to 245.14 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.29% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US personalized medicine market is experiencing robust growth driven by technological advancements and increasing demand for tailored therapies.

    • Advancements in genomic technologies are revolutionizing the development of personalized therapies.
    • The integration of artificial intelligence is enhancing the efficiency of drug discovery and patient care.
    • Regulatory support for personalized therapies is fostering a conducive environment for innovation and market expansion.
    • Growing demand for targeted therapies and increased investment in research and development are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 125.31 (USD Billion)
    2035 Market Size 245.14 (USD Billion)

    Major Players

    Roche (CH), Thermo Fisher Scientific (US), Illumina (US), Novartis (CH), GSK (GB), Bristol-Myers Squibb (US), Pfizer (US), Merck KGaA (DE), Amgen (US), AbbVie (US)

    US Personalized Medicine Market Trends

    The personalized medicine market is currently experiencing a transformative phase, driven by advancements in genomics, biotechnology, and data analytics. This evolution allows for tailored therapeutic approaches that cater to individual patient profiles, enhancing treatment efficacy and minimizing adverse effects. As healthcare systems increasingly adopt precision medicine strategies, the integration of genetic testing and biomarker identification into clinical practice is becoming more prevalent. This shift not only improves patient outcomes but also optimizes resource allocation within healthcare settings, suggesting a more sustainable model for future medical practices. Moreover, the regulatory landscape is evolving to support innovations in the personalized medicine market. Agencies are working to streamline approval processes for new therapies and diagnostics, which may encourage investment and research in this field. The growing emphasis on patient-centered care is likely to further propel the demand for personalized solutions, as stakeholders recognize the value of customized treatment plans. As a result, the market is poised for substantial growth, with potential implications for various sectors, including pharmaceuticals, diagnostics, and healthcare delivery systems.

    Advancements in Genomic Technologies

    Recent innovations in genomic sequencing technologies are significantly impacting the personalized medicine market. These advancements facilitate the rapid analysis of genetic information, enabling healthcare providers to develop targeted therapies based on individual genetic profiles. As costs decrease and accessibility increases, more patients may benefit from personalized treatment options.

    Integration of Artificial Intelligence

    The incorporation of artificial intelligence (AI) into the personalized medicine market is transforming data analysis and decision-making processes. AI algorithms can analyze vast datasets to identify patterns and predict patient responses to specific treatments. This capability enhances the precision of therapeutic interventions and supports the development of more effective treatment protocols.

    Regulatory Support for Personalized Therapies

    Regulatory bodies are increasingly recognizing the importance of personalized therapies, leading to more supportive frameworks for their development and approval. This trend may encourage pharmaceutical companies to invest in research and development of tailored treatments, ultimately expanding the range of options available to patients and healthcare providers.

    US Personalized Medicine Market Drivers

    Regulatory Framework Enhancements

    The regulatory landscape for personalized medicine is evolving, with enhancements aimed at facilitating the approval of innovative therapies. The US Food and Drug Administration (FDA) has implemented streamlined processes for the review of personalized medicine products, which is likely to accelerate market growth. These regulatory improvements are designed to encourage the development of novel therapies that cater to specific patient populations. As a result, the personalized medicine market is expected to benefit from a more favorable environment for innovation, potentially leading to a wider array of treatment options for patients. This proactive regulatory approach may also enhance investor confidence, further stimulating growth in the sector.

    Growing Demand for Targeted Therapies

    The increasing prevalence of chronic diseases in the US has led to a growing demand for targeted therapies, which are a hallmark of the personalized medicine market. As healthcare providers seek more effective treatment options, the market is projected to reach approximately $2.5 billion by 2026. This demand is driven by the need for therapies that are tailored to individual patient profiles, enhancing treatment efficacy and minimizing adverse effects. The shift towards precision medicine is evident, as healthcare systems recognize the potential for improved patient outcomes. Furthermore, the rise in patient awareness regarding personalized treatment options is likely to propel market growth, as individuals increasingly seek therapies that align with their unique genetic makeup.

    Rising Adoption of Companion Diagnostics

    The adoption of companion diagnostics is becoming increasingly prevalent in the personalized medicine market. These diagnostic tests are designed to identify patients who are most likely to benefit from specific therapies, thereby optimizing treatment outcomes. The market for companion diagnostics is projected to grow significantly, with estimates suggesting a CAGR of approximately 15% through 2028. This growth is attributed to the increasing number of targeted therapies entering the market, which necessitate the use of companion diagnostics to ensure appropriate patient selection. As healthcare providers embrace these tools, the personalized medicine market is expected to expand, driven by improved patient outcomes and more efficient use of healthcare resources.

    Technological Innovations in Diagnostics

    Technological advancements in diagnostic tools are significantly impacting the personalized medicine market. Innovations such as next-generation sequencing (NGS) and advanced biomarker identification techniques are enabling more precise patient stratification. These technologies facilitate the development of tailored treatment plans, which are essential for the effective management of diseases. The US market for diagnostic tools is expected to grow at a CAGR of around 10% through 2027, reflecting the increasing integration of these technologies in clinical practice. As diagnostic capabilities improve, healthcare providers can offer more personalized treatment options, thereby enhancing the overall effectiveness of therapies and contributing to the expansion of the personalized medicine market.

    Increased Investment in Research and Development

    Investment in research and development (R&D) within the personalized medicine market is on the rise, driven by both public and private sectors. The US government has allocated substantial funding for initiatives aimed at advancing precision medicine, with the National Institutes of Health (NIH) investing over $1 billion annually in related research. This influx of capital is fostering innovation and accelerating the development of new therapies tailored to individual genetic profiles. As R&D efforts intensify, the market is likely to witness the introduction of novel treatments that address unmet medical needs, thereby enhancing the overall landscape of personalized medicine.

    Market Segment Insights

    By Product: Personalized Medicine Diagnostics (Largest) vs. Personalized Medicine Therapeutics (Fastest-Growing)

    In the US personalized medicine market, the distribution among segments shows that Personalized Medicine Diagnostics holds the largest market share, driven by the growing demand for targeted testing and early detection of diseases. This segment's adoption is fueled by advancements in genomic technologies and increased investments in healthcare infrastructure, ensuring the availability of sophisticated diagnostic tools across various healthcare settings. On the other hand, Personalized Medicine Therapeutics is noted as the fastest-growing segment, propelled by the rise in personalized treatment options tailored to individual genetic profiles. This growth is driven by the increasing prevalence of chronic diseases and the need for therapies that provide better efficacy and safety, enhancing patient outcomes. As research and development continue to innovate in this area, this segment is expected to expand significantly in the coming years.

    Diagnostics (Dominant) vs. Therapeutics (Emerging)

    Within the US personalized medicine market, Diagnostics is recognized as the dominant segment, focusing on providing tailored testing solutions that can predict disease predispositions and treatment responses. The strong market position of this segment is supported by the increasing awareness and adoption of personalized health strategies among consumers and healthcare providers. Meanwhile, the Therapeutics segment, while emerging, is rapidly gaining traction as innovative treatments driven by genomic information become integral to medical practice. The development of biologics and targeted therapies aimed at specific patient populations creates a promising landscape for growth in this segment, reflecting a shift towards more individualized healthcare.

    By Application: Oncology (Largest) vs. CNS (Fastest-Growing)

    The application segment of the US personalized medicine market shows that oncology occupies the largest share, driven by an increasing prevalence of cancer and advancements in targeted therapies. Following oncology, CNS presents significant potential, with rising awareness and demand for personalized treatment options for neurological disorders. Immunology and respiratory applications are also notable contributors but have smaller market shares. The 'others' category includes various emerging applications that are likely to expand as research progresses. Recent growth trends reveal that the oncology segment continues to be propelled by innovations such as immunotherapies and genetic profiling. The CNS segment is experiencing rapid growth, characterized by advancements in personalized treatments for conditions like Alzheimer's and multiple sclerosis. Factors contributing to these trends include an aging population, increased healthcare investments, and a growing emphasis on precision medicine, which is shaping the future landscape of the market.

    Oncology (Dominant) vs. CNS (Emerging)

    Oncology remains the dominant application in the US personalized medicine market, showcasing breakthrough therapies that target specific cancer types and improve patient outcomes. This segment is characterized by substantial investments in research and development, leading to novel drugs and treatment protocols. In contrast, the CNS application is emerging rapidly, gaining traction due to innovative approaches in treating complex neurological conditions. The demand for personalized therapies in CNS is fueled by a better understanding of genetic factors influencing diseases like Alzheimer’s and Parkinson’s. As technology advances, the CNS segment is likely to witness increased attention and funding, positioning it as a critical area within the personalized medicine landscape.

    By End-User: Hospitals (Largest) vs. Diagnostic Centers (Fastest-Growing)

    In the US personalized medicine market, Hospitals represent the largest share among the end-user segments, showcasing their critical role in patient care and treatment customization. Diagnostic Centers follow closely behind, carving out a significant portion of the market as they increasingly adopt personalized testing methods. Research & Academic Institutes and Others hold smaller shares, yet they contribute to advancements and collaborations that enrich the personalized medicine landscape. The growth trajectory for these end-user segments is increasingly promising. Hospitals are expanding their offerings to integrate personalized medicine, driven by demand for tailored treatments. Diagnostic Centers are experiencing rapid growth as they enhance their diagnostic capabilities with innovative technologies. Furthermore, Research & Academic Institutes contribute to the innovation, evolving as they bridge the gap between research and clinical applications. This growth is supported by advances in genomics and patient-centered care initiatives.

    Hospitals (Dominant) vs. Diagnostic Centers (Emerging)

    Hospitals are the dominant players in the end-user segment of the US personalized medicine market, often serving as primary care providers that facilitate personalized treatment protocols through advanced technologies and tailored therapies. They benefit from large patient volumes and extensive resources, making them pivotal in implementing personalized healthcare strategies. On the other hand, Diagnostic Centers are emerging robustly, focusing on specialized testing and analytics that cater to individual patient needs. Their agile structure allows for quicker adoption of new technologies, thus enhancing diagnostic precision and patient outcomes. Together, these segments work synergistically, with hospitals relying on diagnostic centers for cutting-edge testing while pushing the boundaries of personalized medicine.

    Get more detailed insights about US Personalized Medicine Market

    Key Players and Competitive Insights

    The personalized medicine market is currently characterized by a dynamic competitive landscape, driven by rapid advancements in genomics, biotechnology, and data analytics. Key players are increasingly focusing on innovation and strategic partnerships to enhance their product offerings and market reach. Companies such as Roche (CH), Thermo Fisher Scientific (US), and Illumina (US) are at the forefront, leveraging their technological capabilities to develop tailored therapies and diagnostics. Roche (CH) emphasizes its commitment to precision medicine through extensive R&D investments, while Thermo Fisher Scientific (US) aims to expand its portfolio via strategic acquisitions and collaborations, thereby enhancing its competitive positioning. Collectively, these strategies foster a robust environment that encourages innovation and collaboration among industry participants.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance efficiency and responsiveness to market demands. The competitive structure of the market appears moderately fragmented, with several key players exerting substantial influence. This fragmentation allows for a diverse range of products and services, catering to various patient needs and preferences, while also intensifying competition among established and emerging firms.

    In October 2025, Roche (CH) announced a strategic partnership with a leading AI firm to enhance its drug discovery processes. This collaboration aims to integrate artificial intelligence into Roche's research framework, potentially accelerating the development of personalized therapies. The strategic importance of this move lies in Roche's intent to leverage AI capabilities to streamline R&D, thereby reducing time-to-market for innovative treatments and reinforcing its leadership in the personalized medicine sector.

    In September 2025, Illumina (US) launched a new genomic sequencing platform designed to provide faster and more accurate results for personalized treatment plans. This platform is expected to significantly enhance the efficiency of genomic testing, which is crucial for the development of targeted therapies. The introduction of this technology underscores Illumina's commitment to maintaining its competitive edge through continuous innovation and responsiveness to evolving market needs.

    In August 2025, Thermo Fisher Scientific (US) expanded its manufacturing capabilities by investing $100M in a new facility dedicated to personalized medicine solutions. This investment is indicative of the company's strategy to bolster its production capacity and meet the growing demand for customized therapies. By enhancing its manufacturing footprint, Thermo Fisher Scientific (US) positions itself to better serve its clients and respond to market fluctuations, thereby solidifying its competitive stance.

    As of November 2025, current trends in the personalized medicine market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are playing a pivotal role in shaping the competitive landscape, enabling companies to pool resources and expertise to drive innovation. Looking ahead, it appears that competitive differentiation will increasingly hinge on technological advancements and supply chain reliability, rather than solely on price. This shift suggests a growing emphasis on innovation and the ability to deliver high-quality, personalized solutions that meet the specific needs of patients.

    Key Companies in the US Personalized Medicine Market market include

    Industry Developments

    In recent months, the US Personalized Medicine Market has experienced significant developments, particularly from key players like Roche, Johnson Johnson, Amgen, and Gilead Sciences. Roche has expanded its diagnostics capabilities with the acquisition of Spark Therapeutics in February 2023, enhancing its gene therapy portfolio.

    Johnson and Johnson's recent partnership with Amgen aims to innovate in the oncology space, targeting more personalized treatment options for cancer patients. Meanwhile, Novartis has reported substantial growth in its personalized treatment offerings, revealing revenue increases due to the success of its CAR-T cell therapies.

    Merck and Pfizer are also making strides through collaborations focused on biomarkers to improve treatment efficacy. In terms of valuation, companies like Illumina have seen substantial growth driven by increasing demand for genomic sequencing technologies.

    The market is further buoyed by a rise in precision medicine initiatives, with the US government and industry players pushing for more tailored healthcare solutions. Major happenings over the last few years include the launch of several innovative therapies and the establishment of regulatory frameworks that support the advancement of personalized medicine.

    Future Outlook

    US Personalized Medicine Market Future Outlook

    The personalized medicine market is projected to grow at a 6.29% CAGR from 2024 to 2035, driven by advancements in genomics, technology integration, and increasing demand for tailored therapies.

    New opportunities lie in:

    • Development of AI-driven diagnostic tools for personalized treatment plans.
    • Expansion of telehealth services for remote patient monitoring and consultations.
    • Investment in biobanking for personalized drug development and research.

    By 2035, the personalized medicine market is expected to achieve substantial growth and innovation.

    Market Segmentation

    US Personalized Medicine Market Product Outlook

    • Personalized Medicine Diagnostics
    • Personalized Medicine Therapeutics
    • Personalized Medical Care
    • Personalized Nutrition and Wellness

    US Personalized Medicine Market End-User Outlook

    • Hospitals
    • Diagnostic Centers
    • Research & Academic Institutes
    • Others

    US Personalized Medicine Market Application Outlook

    • Oncology
    • CNS
    • Immunology
    • Respiratory
    • Others

    Report Scope

    MARKET SIZE 2024125.31(USD Billion)
    MARKET SIZE 2025133.19(USD Billion)
    MARKET SIZE 2035245.14(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)6.29% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies Profiled["Roche (CH)", "Thermo Fisher Scientific (US)", "Illumina (US)", "Novartis (CH)", "GSK (GB)", "Bristol-Myers Squibb (US)", "Pfizer (US)", "Merck KGaA (DE)", "Amgen (US)", "AbbVie (US)"]
    Segments CoveredProduct, Application, End-User
    Key Market OpportunitiesAdvancements in genomics and biotechnology drive growth in the personalized medicine market.
    Key Market DynamicsGrowing emphasis on targeted therapies drives innovation and competition in the personalized medicine market.
    Countries CoveredUS

    Market Highlights

    Author
    Rahul Gotadki
    Assistant Manager

    He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

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    FAQs

    What was the market size of the US Personalized Medicine Market in 2024?

    The US Personalized Medicine Market was valued at 156.63 billion USD in 2024.

    What is the expected market size of the US Personalized Medicine Market by 2035?

    By 2035, the market is expected to reach a valuation of 365.0 billion USD.

    What is the expected CAGR for the US Personalized Medicine Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 7.994 percent from 2025 to 2035.

    Which segment of the US Personalized Medicine Market had the highest projected value in 2024?

    Personalized Medicine Therapeutics was the largest segment, valued at 78.0 billion USD in 2024.

    What will be the market size of Personalized Medicine Diagnostics in 2035?

    Personalized Medicine Diagnostics is projected to reach 75.0 billion USD in 2035.

    Who are the major players in the US Personalized Medicine Market?

    Key players in the market include Roche, Johnson and Johnson, Amgen, Gilead Sciences, and Novartis.

    What is the expected value of Personalized Medical Care in the US Personalized Medicine Market by 2035?

    By 2035, the market value for Personalized Medical Care is expected to be 60.0 billion USD.

    How much was the Personalized Nutrition and Wellness segment expected to be worth in 2024?

    The Personalized Nutrition and Wellness segment was valued at 21.13 billion USD in 2024.

    What are some growth drivers for the US Personalized Medicine Market?

    Key growth drivers include advancements in technology, increasing demand for personalized therapies, and focus on patient-centric healthcare.

    What challenges might the US Personalized Medicine Market face in the future?

    Challenges may include regulatory hurdles, high costs of personalized treatments, and issues related to data privacy.

    What is the projected market size of the US Personalized Medicine Market in 2024?

    The projected market size of the US Personalized Medicine Market in 2024 is expected to be valued at 156.63 USD Billion.

    What is the expected market size for the US Personalized Medicine Market by 2035?

    By 2035, the US Personalized Medicine Market is expected to be valued at 396.25 USD Billion.

    What is the expected CAGR for the US Personalized Medicine Market from 2025 to 2035?

    The expected compound annual growth rate for the US Personalized Medicine Market from 2025 to 2035 is 8.804 %.

    Which companies are considered key players in the US Personalized Medicine Market?

    Major players in the US Personalized Medicine Market include Illumina, Genentech, Exact Sciences, Bristol Myers Squibb, and Caris Life Sciences.

    What is the market size for Personalized Medicine Diagnostics in 2024?

    In 2024, the market size for Personalized Medicine Diagnostics is valued at 40.0 USD Billion.

    What will be the value of Personalized Medicine Therapeutics by 2035?

    The market value for Personalized Medicine Therapeutics is projected to reach 150.0 USD Billion by 2035.

    How much is the Personalized Medical Care segment expected to be valued at in 2024?

    The Personalized Medical Care segment is expected to be valued at 36.63 USD Billion in 2024.

    What is the expected market size for Personalized Nutrition and Wellness by 2035?

    The expected market size for Personalized Nutrition and Wellness by 2035 is 50.0 USD Billion.

    What are the key drivers of growth in the US Personalized Medicine Market?

    Key drivers of growth in the US Personalized Medicine Market include advancements in genomics, increased demand for personalized healthcare solutions, and technological innovations.

    What challenges does the US Personalized Medicine Market face?

    Challenges in the US Personalized Medicine Market include regulatory hurdles, high costs of personalized treatments, and the need for robust data management systems.

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