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Case V: 3DMed: Digital Technology—Navigating Precision Medicine Towards Success

Xiaoming Zhu ()
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Xiaoming Zhu: China Europe International Business School

A chapter in Emerging Champions in the Digital Economy, 2019, pp 161-194 from Springer

Abstract: Abstract In early 2015, the U.S. proposed the Precision Medicine Initiative (PMI). Almost at the same time, the Chinese government began increasing investment into the precision medicine field, which was officially included in China’s 13th Five-Year Plan at the end of 2016. Precision medicine soon evolved from being an academic concept into an economic buzzword attracting global attention. Estimates predict that from 2015 to 2022, the Compound Annual Growth Rate (CAGR) for the global precision medicine market will be 12.60%, reaching over USD 88 billion by 2022. The precision medicine market is now more promising than ever.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-981-13-2628-8_7

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DOI: 10.1007/978-981-13-2628-8_7

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