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Introduction
Precision Medicine is an innovative approach to tailor treatment based on the genetic profile of an individual. The primary role of precision medicine is to target therapeutics towards genetic diseases related to oncology, skin, respiratory, central nervous system, cardiovascular, and other infectious diseases. Moreover, technologies such as pharmacogenomics, biomarkers, bioinformatics, algorithms, companion diagnostics, medical imaging, on patient specific information to diagnose, and treat various diseases
The Report shows on overview of patenting and commercialization of Precision medicine. The report analyses the technology, with focus on biomarker assisted diagnostics, genetic testing, pharmacogenomics, bioinformatics, and digital healthcare technologies etc
Key questions answered in report:
- How is the patent filing trends of precision medicine in individualized treatment in last 20 years?
- What are the major industries involved in this technology? Who are the key market players involved and their designated countries?
- What are the mechanisms involved in emerging trends within the precision medicine?
- What are the various methods in which digital technology aids in patient healthcare?
- How does the patient specific data will relate to individualized treatment?
Patent Search Strategy
All the patent searching was done in PatSeer. This report is based on search strategy for precision medicine space, after Patent data curation from thousands of records, we come up with the resulting set of 7834 patents (SFAM). The main intention is to identify what entities are in a position to control access to the precision medicine inventions, as well as the scope of geographical jurisdictions and technical areas in which the breakthrough and follow-on inventions are being filed. Using PatSeer, we searched individual publications and then collapsed them to one member per Invention (Simple Families). The publications included in the report are updated as of November 2020.
Innovation Trends
The maximum number of patent applications (2626) having priority were filed during 2018
Research Activity around the World
The chart shows comparative trends of the countries of origin for the inventions around precision medicine
Assignee Innovation Timeline
The chart below shows assignee innovation over 20 years for the top 10 assignees active in precision medicine.
Promising Companies
The chart shows the top companies (sorted by Portfolio Value Index) against their Portfolio Quality and Seethe chart helps organize the key companies into 4 Quadrants – Challengers (top-left), leaders (top-right), Marginal Players (bottom-left) and Under achievers (bottom-right)