{"id":881,"date":"2022-06-22T18:03:54","date_gmt":"2022-06-22T18:03:54","guid":{"rendered":"http:\/\/events.marketsandmarkets.com\/blog\/?p=881"},"modified":"2022-06-22T21:41:46","modified_gmt":"2022-06-22T21:41:46","slug":"precision-medicine-personalized-therapies","status":"publish","type":"post","link":"https:\/\/events.marketsandmarkets.com\/blognew\/precision-medicine-personalized-therapies\/","title":{"rendered":"Precision Medicine \u2013 A Deep Dive into Personalized Therapy &#038; Treatment"},"content":{"rendered":"\n<p>For the healthcare ecosystem across the world, the underlying\npurpose has always been to fight &amp; eradicate illnesses in the shortest amount\nof time hence corelating with minimal pain, suffering or stress for the\npatients involved. Rapid technological advancements in the 21<sup>st<\/sup> century\nhave meant that a humongous amount of clinical data and testing methods required\nto analyse it, exist during the same period. This has subsequently allowed for\nthe emergence of \u2018Precision Medicine\u2019.<\/p>\n\n\n\n<p>Also referred to as Personalized Medicine, it is an innovative approach towards medicinal care.<br>By utilizing the entire spectrum of an individual\u2019s medical profile, namely genetic make-up, comprehensive medical history of ailments, lifestyle &amp; environmental factors, doctors aim to tailor a unique course of treatment which is most beneficial for said patient.<br>Doing so empowers doctors and gives them the ability to diagnose, <strong>NOT<\/strong> based off a general understanding of symptoms and disease but advise a form of therapy which has the largest likelihood of success and a minimal chance of adverse side effects for that specific patient.<br> <br><strong><u>Why was this approach not implemented earlier?<\/u><br> <br> <\/strong>Advances in medical testing have paved the way for availability of vast chunks of medical data which includes genetic mapping. Understanding the influence genes hold on a person\u2019s health has been the key to unlocking forms of therapy best suited for that person.<\/p>\n\n\n\n<p>Hence, the arrival of technologies such as <strong>Artificial\nIntelligence, Machine Learning &amp; Big Data Analytics<\/strong> along with the <strong>computing\npower required<\/strong> to process &amp; analyse large amounts of information has\nbeen the reason why Precision Medicine is now achievable and is not simply some\nnovel, hypothetical form of treatment of the future.<\/p>\n\n\n\n<p><strong><u>Aim &amp; Goal:<\/u><\/strong><u> <\/u><\/p>\n\n\n\n<ul><li>Development of more efficient medicines improving\noverall patient outcomes.<\/li><li>Lower costs of treatment due to misdiagnosis and\/or\nineffective drugs and treatment.<br>\n<br>\n<\/li><\/ul>\n\n\n\n<p><strong>I<u>nherent Benefits of Precision Medicine:<\/u><br><\/strong><\/p>\n\n\n\n<ul><li><strong>Shifting from a reactive to preventive form\nof medicine<\/strong>. Through genetic screening, doctors can identify certain\nbiomarkers or genes which indicate the possibility of specific disease in the\nfuture and subsequently work on preventing the same from occurring. This shall\nhelp transition from our current procedure where most diseases are detected after\nhaving reached an advanced stage.<br>\n<br>\n<\/li><li>Doctors essentially make well educated guesses\nwhen advising a form of treatment. In most cases, initial treatments or drugs\ndo not have the desire effect and only on the 2<sup>nd<\/sup> or 3<sup>rd<\/sup>\nattempt is the correct course of therapy identified. Understanding the presence\nof certain biomarkers will lead to accurate discovery of the illness and the <strong>most\neffective form of treatment can then be administered<\/strong> for the patient as per\ntheir genetic make-up removing any requirement for trial-and-error.<br>\n<br>\n<\/li><li>Segueing into our next benefit, some drugs have\nthe tendency or potential to cause adverse side effects which can be extremely harmful\nfor patients. Accurate prescription of medicines will help avoid unnecessary pain.<br>\n<br>\n<\/li><li>Targeted or personalized therapy reduces the\ncost of care for patients as multiple courses of treatment will not be\nrequired. Furthermore, strives are being made for to primarily prevent diseases\nand ailments, the cost of which is sufficiently less than actually battling a\ndisease.<br>\n<br>\n<\/li><li>By studying genetic pattens of a population as a\nwhole and in sub-sets, important insights can be drawn, helping to understand how\nunderlying genes, living conditions and environmental factors can make certain\npeople prone to certain illnesses, once again allowing for early detection or\navoidance.<br>\n<br>\n<\/li><\/ul>\n\n\n\n<p><strong><u>Potential Roadblocks &amp; Drawbacks:<\/u><\/strong><\/p>\n\n\n\n<ul><li>&nbsp;For\nprecision medicine to reach its full potential, extremely large amounts of\ngenomic data must be collected, stored and analysed. Being fully aware of the possibilities\nof privacy leaks in today\u2019s world, the unbelievable risk of genomic data in the\nhands of the wrong individual or group can have major implications and therefore\nthe legal boundaries of such data collection will have to be explored and regulated.<br>\n<br>\n<\/li><li>Huge infrastructure demands will need to be met as\nthe machinery &amp; technology required is quite advanced. This means that a\nlarge amount of investment needs to be made either by governments, hospitals or\ntaxpayers. It is still quite unclear how the field will progress in regard to a\ncontinuous flow of investment for research and development of such targeted\nforms of therapy. <br>\n<br>\n<\/li><li>Personalized &amp; tailored treatments usually\ncost more than the generic course of action. Initially and until widespread\nadoption averages out costs, this could mean that a large portion of the population\nmay not be able to afford such state-of-the-art therapies.<br>\n<br>\n<\/li><li>During the process of profiling sections,\ndemographics and a region\u2019s population as a whole, if certain subsets are\nmissed out, it could lead to a missing piece of the puzzle for researchers and doctors\nalike.<\/li><\/ul>\n\n\n\n<p><br>To discover the latest innovations, trends, disruptions &amp; opportunities relating to Precision Medicine, <strong><a href=\"https:\/\/events.marketsandmarkets.com\/marketsandmarkets-precision-medicine-conference\">EXPLORE &#8211;<\/a><\/strong><a href=\"https:\/\/events.marketsandmarkets.com\/marketsandmarkets-precision-medicine-conference\"> <\/a><strong><a href=\"https:\/\/events.marketsandmarkets.com\/marketsandmarkets-precision-medicine-conference\">MARKETSANDMARKETS PRECISION MEDICINE CONFERENCE<\/a><\/strong> scheduled for the <strong>6<\/strong><sup><strong>th<\/strong><\/sup><strong>&#8211; 7<\/strong><sup><strong>th<\/strong><\/sup><strong> of October 2022<\/strong> in <strong>London, UK!<\/strong><br> <br><strong><a href=\"https:\/\/events.marketsandmarkets.com\/marketsandmarkets-precision-medicine-conference\/register\"><em>REGISTER FOR THE CONFERENCE HERE!<\/em><\/a><\/strong><\/p>\n\n\n\n<p><strong><em>Ayush Kanitkar<br>MarketsandMarkets<br>+91-8975985061<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the healthcare ecosystem across the world, the underlying purpose has always been to fight &amp; eradicate illnesses in the shortest amount of time hence corelating with minimal pain, suffering or stress for the patients involved. Rapid technological advancements in the 21st century have meant that a humongous amount of clinical data and testing methods [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_mi_skip_tracking":false},"categories":[3,2],"tags":[304,302,303],"_links":{"self":[{"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/posts\/881"}],"collection":[{"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/comments?post=881"}],"version-history":[{"count":9,"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/posts\/881\/revisions"}],"predecessor-version":[{"id":891,"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/posts\/881\/revisions\/891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/media\/883"}],"wp:attachment":[{"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/media?parent=881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/categories?post=881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/events.marketsandmarkets.com\/blognew\/wp-json\/wp\/v2\/tags?post=881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}