"We can expect molecular decision support systems to bridge the last miles in integrating genomics data into clinical workflows," explained Behera. By 2020, advanced clinical decision support systems (CDSS) will evolve to provide combined insight from genomic data with clinical and environmental information to facilitate targeted diagnostic for personalized treatment decisions. Finally, by 2025, companion diagnostic (CDx) and targeted therapeutics (Rx) will go beyond oncology and spread more toward therapeutic areas such as infectious central nervous system (CNS), and cardiovascular diseases. Predictive biomarkers for various diseases will be a sensational area for future investment and growth.

Precision medicine as a concept is in a developing phase, therefore a broad segment of hospitals will have to face inquiries about its cost and relevancy, as well as figure out how to translate available information into insights. "Pharma and diagnostic companies that consider engaging patients, physicians, payers, regulators, and testing laboratories, will be able to justify value of their targeted therapies by virtue of improved efficacy rates and overall treatment adherence. Collaboration and interoperability will be key ingredients for future success of precision medicine," commented Behera.


Before precision medicine can revolutionize the care delivery model, progress toward more effective and targeted drugs must be improved by reducing treatment uncertainty.


About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact Us: Start the discussion

Back to HCB News

Business Affairs Homepage