Towards Healthcare
Precision Medicine Software Market to Grow at 12.6% CAGR till 2035

Precision Medicine Software Market 2026 Fuels Genomics Boom

Projections indicate that, the global precision medicine software market will increase from USD 2.18 billion in 2025 to USD 7.14 billion by 2035, experiencing a CAGR of 12.6% over the next 10 years. The precision medicine software market is growing due to the rise in automation and the inclusion of AI and ML. North America is dominating the market due to technological advancements and collaboration among key players.

Category: Healthcare IT Insight Code: 6471 Format: PDF / PPT / Excel
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Revenue, 2025
2.18 Billion
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Forecast, 2035
7.14 Billion
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CAGR, 2026 – 2035
12.6%
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Report Coverage
Global

The global precision medicine software market size is calculated at US$ 2.18 billion in 2025, grew to US$ 2.46 billion in 2026, and is projected to reach around US$ 7.14 billion by 2035. The market is expanding at a CAGR of 12.6% between 2026 and 2035.

Precision Medicine Software Market Trends and Growth (2026)

Key Takeaways

  • Precision medicine software sector pushed the market to USD 2.46 billion by 2026.
  • Long-term projections show USD 7.14 billion valuation by 2035.
  • Growth is expected at a steady CAGR of 12.6% in between 2026 to 2035.
  • North America dominated the precision medicine software market in 2025.
  • Asia Pacific is expected to grow at the fastest CAGR during the forecast period.
  • By component, the software segment dominated the market in 2024.
  • By component, the services segment is expected to grow at the fastest CAGR during the forecast period.
  • By deployment mode, the cloud-based segment dominated the market in 2024.
  • By deployment mode, the on-premise segment is expected to grow at a significant CAGR during the forecast period.
  • By application, the genomic data management & analysis segment dominated the market in 2024.
  • By application, the companion diagnostics & biomarker discovery tools segment is expected to grow at the fastest CAGR during the forecast period.
  • By technology, the AI/machine learning models & generative AI segment dominated the precision medicine software market in 2024.
  • By technology, the interoperability/FHIR/HL7 integration segment is expected to grow at the fastest CAGR during the forecast period.
  • By therapeutic area, the oncology segment dominated the market in 2024.
  • By therapeutic area, the rare & genetic disorders segment is expected to grow at the fastest CAGR during the forecast period.
  • By end-use, the hospitals segment dominated the precision medicine software market in 2024.
  • By end-use, the diagnostic laboratories & genomic service providers segment is expected to grow at the fastest CAGR during the forecast period.

Quick Facts Table

Key Elements Scope
Market Size in 2026 USD 2.46 Billion
Projected Market Size in 2035 USD 7.14 Billion
CAGR (2026 - 2035) 12.6%
Leading Region North America
Market Segmentation By Component, By Deployment Mode, By Application, By Technology, By Therapeutic Area, By End Use, By Region
Top Key Players OSP, Genomind, IQVIA, Genedata AG, SOPHiA GENETICS, Tempus AI, Inc., Owkin, Inc, Syapse (acquired by N-Power in January 2025), Inspirata, Inc., Precision Medicine Group, LLC., Siemens, GenomOncology LLC, Qserve, Foundation Medicine, Inc., PierianDx

The precision medicine software market is anticipated to grow significantly in the near future due to increased collaboration and licensing agreements between businesses, increased R&D investment in precision medicine, and increased partnerships between research institutions and businesses.

A specialized collection of computer programs or apps, called precision medicine software, is intended to assist in the creation of individualized medical treatments. A customized treatment plan created based on a patient's DNA and molecular traits is known as personalized medicine. The need for cutting-edge software technologies, such as precision medicine applications, has increased due to growing concerns about oncological illnesses and chronic diseases.

Precision Medicine Software Market Outlook

  • Market Growth Overview: The industry is rising due to breakthroughs in genomics and data analytics. The increasing need for tailored treatments and improved patient outcomes in cancer and uncommon illnesses is a major motivator.
  • Major Investors: Important investors include tech behemoths like Google Ventures, venture capital firms like ARCH Venture Partners, and pharmaceutical venture arms that concentrate on cutting-edge healthcare solutions.
  • Startup Ecosystem: In order to speed up drug discovery and clinical decision support, the startup ecosystem is thriving and concentrates on AI-powered diagnostics, predictive modeling, and data integration platforms.

Segmental Insights

How the Software Segment Dominated the Market in 2024?

Software

The software segment dominated the precision medicine software market in 2024. By enabling personalized therapies tailored to each patient's unique genetic profile, precision medicine is revolutionizing healthcare. Numerous software programs are being developed to support clinical decision-making, patient care, and data analysis as the field advances more quickly. Mergers and acquisitions will likely combine specialist businesses into bigger platforms, delivering more complete solutions.

Services

The services segment is expected to grow at the fastest CAGR during the forecast period. A person's genetic, molecular, and lifestyle information is used by precision medicine services to customize illness preventive and treatment plans. These offerings go beyond the "universal" approach to give more precise predictions on which therapies will work for an individual patient, hoping to increase efficacy and decrease adverse effects.

 

What made the Cloud-Based Segment Dominant in the Market in 2024?

Cloud-Based

The cloud-based segment dominated the precision medicine software market in 2024. The precision medicine platform, powered by cloud-based technology, enables researchers to interact with and analyze massive datasets from any computer worldwide in a secure environment, leveraging the power of machine learning. Users can access a variety of datasets via the research interface.

On-Premise

The on-premise segment is expected to grow at a significant CAGR during the forecast period. Organizations that use on-premises deployments retain total control and accountability over all of their IT systems' hardware, software, networking, storage, and security components. In addition to giving businesses the most control over their computer environment, data placement, and security procedures, on-premises infrastructure enables direct physical access to devices.

Which Application Segment Dominated the Market in 2024?

Genomic Data Management & Analysis

The genomic data management & analysis segment dominated the precision medicine software market in 2024. Genomics data is always an element of customized therapy. Every day, new uses and advancements in genetic analysis are being developed, and they will continue to emerge. With the rise of software automation, the capacity to process and analyze vast amounts of human genetic data has expanded, enabling tailored medicine to become increasingly complicated.

Companion Diagnostics & Biomarker Discovery Tools

The companion diagnostics & biomarker discovery tools segment is expected to grow at the fastest CAGR during the forecast period. Biomarker discovery and companion diagnostics employ high-throughput technologies including NGS, PCR, IHC, and mass spectrometry, with software such as Qlucore Omics Explorer and digital pathology AI. For targeted medicines, these technologies make data processing, interpretation, and patient classification easier.

Multi-Omics Analytics

The multi-omics analytics segment is growing in the precision medicine software market during 2025-2034. The expanding number of multi-omics investigations needs clear conceptual processes paired with easy-to-use software tools to allow data processing and interpretation. Innovative tools are important to integrate, understand, and extract relevant information.

Which Technology Dominated the Market in 2024?

AI/Machine Learning Models & Generative AI

The AI/machine learning models & generative AI segment dominated the precision medicine software market in 2024. Artificial intelligence (AI) has emerged as a disruptive force in precision medicine, revolutionizing the integration and analysis of health records, genomes, and immunological data. The synergistic approach of integrating AI across several data sources provides clinicians with a thorough view of patient health and potential risks. Machine learning algorithms excel in detecting high-risk individuals, forecasting disease activity, and improving therapeutic strategies based on clinical, genomic, and immunological profiles. Deep learning algorithms have considerably boosted variant identification, pathogenicity prediction, splicing analysis, and MHC-peptide binding predictions in genetics.

Interoperability/FHIR/HL7 Integration

The interoperability/FHIR/HL7 integration segment is expected to grow at the fastest CAGR during the forecast period. To combine heterogeneous data, including genetic and clinical information, from various systems, precision medicine requires interoperability via standards such as FHIR (the latest version of HL7). Real-time data access is made possible by FHIR's API-based methodology and contemporary web technologies, which facilitate the development of apps that leverage this integrated data to provide individualized treatment.

High-Performance compute/HPC for Genomics

The high-performance compute/HPC for genomics segment is growing in the precision medicine software market during 2025-2034. To handle complex problems more effectively than a single processor could, HPC systems use parallel computing, in which several processors operate concurrently. This feature is vital for processing the huge data volumes and extensive calculations typical of current scientific research, including genomics. HPC is essential to precision medicine because it enables researchers to rapidly analyze large volumes of data, build complex models, and run simulations.

How the Oncology Segment Dominated the Market in 2024?

Oncology

The oncology segment dominated the precision medicine software market in 2024. In recent years, the growth of molecularly targeted cancer medicines has considerably enhanced precision oncology. Precision oncology applications have also benefited from parallel advancements in next-generation sequencing (NGS) technology, which have made tumor genomic analysis more accessible and cheap.

Rare & Genetic Disorders

The rare & genetic disorders segment is expected to grow at the fastest CAGR during the forecast period. Since 80% of rare diseases have a genetic component, the timely delivery of genomic data and the use of different precision medicine tools have been shown to improve patient outcomes, clinical decision-making, and personalized treatment plans, all of which contribute to better management of complex diseases.

Neurology/CNS

The neurology/CNS segment is growing in the precision medicine software market during 2025-2034. In neurology and psychiatry, precision medicine methods may offer screening options, facilitate prompt identification and diagnosis, and tailor treatment plans to each patient's unique clinical, genetic, and biological characteristics and risk factors.

What made hospitals Dominant in the Market in 2024?

Hospitals

The hospitals segment dominated the precision medicine software market in 2024. Hospitals use a range of tools for precision medicine, with some adopting open-source platforms such as MatchMiner from Dana-Farber Cancer Institute to match patients to clinical trials.  Other hospitals support their precision medicine projects with products from firms such as Tempus Labs, Syapse, Fabric Genomics, and Philips.

Diagnostic Laboratories & Genomic Service Providers

The diagnostic laboratories & genomic service providers segment is expected to grow at the fastest CAGR during the forecast period. Several diagnostic laboratories and genomic service providers employ precision medicine software to handle, analyze, and interpret complicated genetic data for tailored patient treatment. Key participants include specialist diagnostic laboratories and software businesses that offer integrated solutions.

Pharmaceutical & Biotech Companies

The pharmaceutical & biotech companies segment is growing in the precision medicine software market during 2025-2034. To improve drug development, clinical trials, and diagnostics, many pharmaceutical and biotech businesses employ AI platforms and precision medicine software, either internally produced or through partnerships with specialist tech firms.

Regional Growth

Precision Medicine Software Market Share, By Region, 2025 (%)

  • North America dominated the global market in 2025.
  • Asia Pacific is estimated to host the fastest-growing market during the forecast period.
  • Europe is expected to grow at a significant CAGR in the market during the forecast period.
  • The South American market is experiencing steady growth.
  • The Middle East and Africa are expected to grow at a lucrative CAGR.

North America dominated the precision medicine software market in 2024. The rise is driven by the rising acceptance of HCITs and the expanding usage of ICT by healthcare providers and research groups. The region's focus on tailored medicine to treat a variety of uncommon and extremely difficult diseases is one of the main causes of this leadership. Precision medicine and genome sequencing have advanced significantly in North America, especially in the U.S., since the completion of the Human Genome Project.

Bridging the Gap: U.S. Software Accelerates Rare Disease Therapies

Over 7,000 uncommon diseases afflict more than 30 million people in the U.S. The majority of uncommon illnesses have no known cure and are potentially fatal. Drug, biologic, and device development for rare illnesses is problematic for numerous reasons, including complex biology and an inadequate understanding of the natural history of many uncommon diseases. Therefore, the government, commercial enterprises, and academic institutions in the U.S. are focusing on developing superior software to address these challenges.

Asia Pacific is estimated to host the fastest-growing precision medicine software market during the forecast period, driven by healthcare digitalization, tailored medical knowledge, and genomics spending. To enhance health outcomes, nations like China, Japan, and South Korea are funding precision medicine initiatives and genetic research. The increasing prevalence of cancer and chronic illnesses needs precise, customized treatment options. Precision medicine software uptake is also being aided by improved hospital infrastructure and supporting government policy.

China: Next Global Precision Medicine Powerhouse

With its rapidly developing, cutting-edge research capabilities, extensive infrastructure development, and construction of technologically superior infrastructure, China has distinguished itself as a market leader in precision medical software. Major players are also working together to advance precision medicine.

For instance,

  • In September 2024, in Chengdu, China, the second IBEC-WCH Precision Medicine Conference was held. The West China Hospital (WCH) of Sichuan University and the Institute for Bioengineering of Catalonia (IBEC) have partnered to improve scientific cooperation between the two nations.

Europe is expected to grow at a significant CAGR in the precision medicine software market during the forecast period. It is anticipated that precision medication delivery systems would enhance patient outcomes throughout Europe. It is made up of investors prepared to fund the expenses of pharmaceutical and healthcare firms keen to develop genetic testing and analytics technologies. Additionally, European drug research facilities are focusing on developing tailored treatment plans, whilst companion diagnostics companies are focusing on effectively collecting data. Analysis of patient clinical data is also enhanced by genetic analytics.

The UK Government is Committed To Rare Disease Patients

The many people living with more than 7,000 distinct, uncommon illnesses in England sometimes struggle to receive the healthcare they need. With the support of the England Rare Diseases Action Plan 2025, our administration is steadfastly dedicated to improving the NHS and making it accessible to everyone.

The South American precision medicine software market is experiencing steady growth, supported by improving overall healthcare systems and rising awareness. Governments are increasingly backing genomics initiatives, which spur software platform implementation. This advancement is helping integrate genetic data into mainstream clinical decision-making to improve patient care.

Brazil's Genomics Leap Forward

Brazil is demonstrating robust expansion in precision medicine software, driven by rising demand for personalized healthcare solutions. Increased investments in digital health infrastructure and a growing focus on genomic research are critical recent factors. The adoption of advanced software to manage large genomic datasets is accelerating quickly.

The Middle East and Africa are expected to grow at a lucrative CAGR in the precision medicine software market during the forecast period, driven by the rising burden of chronic diseases. Enhanced healthcare spending and the initial adoption of AI for diagnostics are key drivers. There is a concerted effort to leverage technology to deliver more tailored and effective patient care.

GCC Investment in Personalized Care

The GCC countries are witnessing a strong market surge, fueled by substantial government investments in genomic technologies and IT. Key initiatives, such as large-scale national genomics programs, are boosting demand for software. This regional focus aims to integrate complex multiomics data into patient-specific treatment plans.

Top Vendors in the Precision Medicine Software Market & Their Offerings

Company Key Offerings Focus Area
SOPHiA GENETICS SOPHiA DDM™ Platform (AI/ML for Multi-Modal Data) Democratizing Data-Driven Medicine: Cloud-based analysis of genomics, radiomics, and clinical data.
Genomind GenMedPro™ Precision Medicine Software Pharmacogenomic (PGx) Clinical Decision Support in psychiatry. Integrates PGx test results with drug-drug interactions.
IQVIA Health Data Apps & AI, Orchestrated Clinical Trials Real-World Evidence (RWE) and Clinical Trials. AI for patient stratification and accelerating precision R&D.
Genedata AG Genedata Profiler® Enterprise Multi-omics Data Integration. Standardizes and harmonizes complex multi-omics data for biomarker discovery and translational medicine.
OSP Digital Health Solutions, Custom Software Development Custom Software & Implementation Services for genomics data management, LIMS, and clinical trial support.

Which Companies Are Leading the Precision Medicine Software Market?

Precision Medicine Software Market Companies

  • OSP
  • Genomind
  • IQVIA
  • Genedata AG
  • SOPHiA GENETICS
  • Tempus AI, Inc.
  • Owkin, Inc
  • Syapse (acquired by N-Power in January 2025)
  • Inspirata, Inc.
  • Precision Medicine Group, LLC.
  • Siemens
  • GenomOncology LLC
  • Qserve
  • Foundation Medicine, Inc.
  • PierianDx

Company Overview:

Company Overview: A global leader in DNA sequencing and array-based technologies, providing integrated systems for genetic variation and biological function analysis. Its software is crucial for managing and interpreting massive genomic datasets generated by its sequencers, driving the adoption of precision medicine in research and clinical settings.

Corporate Information:

  • Headquarters: San Diego, California, USA
  • Year Founded: 1998
  • Ownership Type: Public (NASDAQ: ILMN)

History and Background:

History and Background: Founded by five individuals, including David Walt, to develop high-throughput DNA sequencing and genotyping technologies. Its growth was significantly bolstered by the 2007 acquisition of Solexa, Inc., which brought the foundational next-generation sequencing (NGS) technology to the company, establishing its market dominance.

Key Milestones/Timeline:

  • 1998: Company founded.
  • 2007: Acquired Solexa, Inc., gaining core NGS technology.
  • 2012: Launched the MiSeqDx instrument, the first FDA-regulated next-generation sequencing platform.
  • 2020: Launched the DRAGEN secondary analysis platform for ultra-fast genomic data processing.
  • 2022: Launched the NovaSeq X Series, enabling the $200 whole genome.
  • 2024 (August): Presented a Strategy Update focusing on next-gen sequencing and genomic AI.

Business Overview:

Business Overview: Primary revenue streams include sequencing instruments, consumables (reagents/kits), and informatics/software solutions (e.g., DRAGEN, Illumina Connected Analytics). The focus is on lowering the cost of sequencing and accelerating the adoption of genomic insights into clinical care.

Business Segments/Divisions:

  • Core Illumina: Includes sequencing and array platforms, consumables, and sequencing services.
  • GRAIL: (Note: The company was ordered by regulatory bodies to divest GRAIL, which focused on cancer detection).
  • Geographic Presence: Operates globally, serving customers in over 165 countries across the Americas, Europe, and Asia-Pacific regions.

Key Offerings:

  • DRAGEN Bio-IT Platform: Comprehensive, high-speed secondary analysis software for genomic data (variant calling, tertiary analysis preparation).
  • Illumina Connected Analytics (ICA): Cloud-based software for secure data management, tertiary analysis, and collaborative research in a compliant environment.
  • TruSight Oncology (TSO) Portfolio: Integrated sequencing and analysis solutions for precision oncology.

End-Use Industries Served:

  • Academic and Research Institutions
  • Pharmaceutical and Biotechnology Companies
  • Clinical Diagnostic Laboratories
  • Hospitals and Health Systems
  • Government Laboratories

Key Developments and Strategic Initiatives:

Mergers & Acquisitions:

Recent Focus: Efforts have been largely focused on the complex regulatory-driven divestiture of GRAIL.

Partnerships & Collaborations:

  • 2025 (April): Announced a collaboration with Tempus AI to accelerate clinical adoption of NGS tests using novel evidence generation and AI-driven genomic algorithms.
  • 2025 (May): Partnered with Ovation.io to launch a GLP-1 dataset to accelerate new therapy development.

Product Launches/Innovations:

DRAGEN Secondary Analysis v4.4: Latest software update delivers enhanced accuracy, including a 30% improvement in structural variant calling.

Capacity Expansions/Investments:

Continuous investment in R&D to drive down the cost of sequencing and improve software processing speed and accuracy.

Technological Capabilities/R&D Focus:

Core Technologies/Patents:

  • Sequencing by Synthesis (SBS): Core technology for Next-Generation Sequencing.
  • DRAGEN (Dynamic Read Analysis for GENomics): Field-programmable gate array (FPGA) based hardware and software for ultra-rapid analysis.
  • Extensive patent portfolio covering sequencing chemistry, instruments, and bioinformatics.
  • Research & Development Infrastructure: Global R&D centers focused on genomics, bioinformatics, and AI/Machine Learning for clinical applications.
  • Innovation Focus Areas: Genomic AI (to improve sequencing data interpretation), multi-omics integration, and expanding the clinical utility of sequencing in areas beyond oncology, such as cardiology and neurology.

Competitive Positioning:

Strengths & Differentiators:

  • Dominant Market Share in NGS: Virtually all genomic labs use Illumina technology, creating a massive data and platform ecosystem.
  • Integrated Platform: Seamless integration of instruments, reagents, and robust bioinformatics software (DRAGEN).
  • Scale and Reliability: Industry standard for data quality and high-throughput sequencing.
  • Market presence & ecosystem role: The foundational platform provider for the global genomics and precision medicine ecosystem, enabling virtually all major research and population-scale genomics projects.

SWOT Analysis:

  • Strengths: NGS market dominance, high-quality, high-throughput data, powerful bioinformatics (DRAGEN).
  • Weaknesses: High cost of sequencers (though decreasing), reliance on consumables sales.
  • Opportunities: Expansion of clinical adoption beyond cancer (pharmacogenomics, rare disease, population screening), growth in AI/ML applications.
  • Threats: Competition from long-read sequencing technology, regulatory challenges.

Recent News and Updates:

Press Releases:

  • 2025 (April): Announced partnership with Tempus AI to drive the future of precision medicine through genomic AI innovation.
  • Industry Recognitions/Awards: Frequently recognized as a top innovator in life sciences and genomics technology.

Company Overview:

Company Overview: A global technology corporation that, through its acquisition of Cerner, provides a comprehensive portfolio of Electronic Health Record (EHR), clinical, and administrative software, making it a critical player in health data management and precision medicine workflow.

Corporate Information:

  • Headquarters: Austin, Texas, USA (Corporate), Nashville, Tennessee, USA (Oracle Health)
  • Year Founded: 1977 (Oracle)
  • Ownership Type: Public (NYSE: ORCL)

History and Background:

History and Background: Oracle is a leading enterprise technology provider known for its database and cloud infrastructure. Its entry into dominant healthcare IT was cemented by the $28 billion acquisition of Cerner in June 2022, creating Oracle Health. This positioned Oracle to integrate patient data from the EHR the largest source of clinical data with genomic and AI platforms to enable precision medicine at the point of care.

Key Milestones/Timeline:

  • 2022 (June): Acquired Cerner Corporation for $28 billion.
  • 2024 (October): Announced the plan to release a next-gen EHR platform in 2025, heavily embedded with AI and cloud capabilities to enable precision medicine workflows.
  • 2025 (May): Strategic partnership with Cleveland Clinic and G42 to launch an AI-based global healthcare delivery platform, with a focus on precision medicine.
  • 2025 (November): Collaboration with M42 to integrate Emirati Genome Program data into the EHR for pharmacogenomic insights at the point of care in the UAE.

Business Overview: Oracle Health provides EHR systems and a suite of clinical, financial, and population health management solutions. The strategic direction is to leverage Oracle Cloud Infrastructure (OCI) and AI/ML to transform the EHR from a system of record into a system of intelligence that supports personalized medicine.

Business Segments/Divisions:

  • Cloud Services and License Support
  • Cloud License and On-Premise License
  • Oracle Health (formerly Cerner)
  • Oracle Life Sciences (solutions for clinical trials, pharmacovigilance)
  • Geographic Presence: Global presence with a vast installed base of Cerner EHR systems across North America, Europe, Asia Pacific, and the Middle East.

Key Offerings:

  • EHR and Clinical Systems: (e.g., Millennium, PowerChart), which serve as the central repository for patient data.
  • Oracle Health Data Intelligence (HDI): A solution integrating patient data from thousands of sources (clinical, claims, social determinants) for sophisticated analytics, crucial for precision medicine.
  • Oracle Life Sciences Solutions: Platforms like Clinical One for clinical trials management, which increasingly incorporate precision medicine criteria.

End-Use Industries Served:

  • Hospitals and Health Systems (Dominant)
  • Pharmaceutical and Biotechnology Companies (via Oracle Life Sciences)
  • Academic Medical Centers
  • Government Health Agencies

Key Developments and Strategic Initiatives:

Mergers & Acquisitions:

2022: Cerner Corporation acquisition, a transformative event for their presence in healthcare IT and precision medicine software.

Partnerships & Collaborations:

  • 2025 (May): Partnership with Cleveland Clinic and G42 to create an AI-based global healthcare platform.
  • 2025 (September): Announced intent with DNAnexus to integrate genomic data into select Oracle Health clinical applications.

Product Launches/Innovations:

  • 2025 Next-Gen EHR: Focus on a "voice-first" solution, clinical AI agents, and personalized workflows.
  • Ramping up Agentic AI features for clinical trials, revenue cycle, and the patient experience.

Capacity Expansions/Investments:

Significant investment in moving Cerner systems onto the Oracle Cloud Infrastructure (OCI) for improved scalability and data processing for AI/ML.

Technological Capabilities/R&D Focus:

Core Technologies/Patents:

  • Oracle Cloud Infrastructure (OCI): Provides the secure, scalable backbone for handling large, multi-modal health data.
  • Database Technologies: Industry-leading data management and analytics.
  • AI/Machine Learning: Embedding a Clinical AI Agent directly into the EHR workflow.
  • Research & Development Infrastructure: Large R&D focus on cloud, database, and AI, with dedicated teams in Oracle Health developing integrated clinical and genomic solutions.
  • Innovation Focus Areas: Point-of-care pharmacogenomics, AI-driven diagnostics, leveraging a longitudinal patient record (clinical + genomic data), and interoperability (e.g., becoming a Qualified Health Information Network, QHIN).

Competitive Positioning:

Strengths & Differentiators:

  • EHR Integration Power: Controls the core clinical workflow (EHR) where precision medicine decisions are made.
  • Cloud and AI Scale: Leverages the massive infrastructure and AI capabilities of a major global tech company (Oracle).
  • Broad Data Access: The EHR installed base provides access to a huge volume of real-world patient data.
  • Market presence & ecosystem role: A dominant Enterprise Platform and Data Integrator, focused on bringing genomic and AI insights into the existing, day-to-day practice of medicine.

SWOT Analysis:

  • Strengths: Massive EHR installed base, powerful cloud infrastructure (OCI), significant AI R&D investment.
  • Weaknesses: Complex integration of legacy Cerner systems, history of challenging physician workflows.
  • Opportunities: Leading the push for AI-embedded EHR and national-scale health data exchange (TEFCA).
  • Threats: Competition from other major EHR vendors (Epic) and cloud providers (Microsoft, Amazon) in healthcare AI.

Recent News and Updates:

Press Releases:

  • 2025 (November): M42 and Oracle Health partnership announced to advance healthy longevity and deliver pharmacogenomic insight at the point of care in the UAE.
  • Industry Recognitions/Awards: Receives regular recognition for its enterprise cloud solutions and its Life Sciences suite for clinical trials.

Recent Developments in the Precision Medicine Software Market

  • In November 2025, precision medicine is approaching a new age, propelled by discoveries in genetic technology and Artificial Intelligence (AI). With the launch of SPOT-MAS, an advanced screening technology created by Gene Solutions, a world leader in precision oncology and genomics, in partnership with local partner Gene Health, Taiwan has joined the worldwide trend of Multi-Cancer Early Detection (MCED).
  • In January 2024, with involvement from current investors including MMC Ventures, Episode 1, and Seedcamp, Sano Genetics, a software business aiming to expedite precision medical research, has secured $11.4 million in additional investment, spearheaded by Plural.

Segments Covered in the Report

By Component

  • Software
  • Services
  • Implementation & integration
  • Clinical interpretation & reporting services
  • Validation & regulatory support
  • Data curation/annotation services
  • Others

By Deployment Mode

  • Cloud-based
  • On-premise

By Application

  • Genomic Data Management & Analysis
  • Multi-omics Analytics
  • Clinical Decision Support & Treatment Planning
  • Companion Diagnostics & Biomarker Discovery Tools
  • Clinical Trial Matching & Site Selection
  • Others (Population Genomics / Public-health Precision Tools)

By Technology

  • AI / Machine Learning models & Generative AI
  • Rule-based engines (clinical guidelines, pathways)
  • Cloud & Containerized Pipelines (Kubernetes/Docker)
  • High-performance compute / HPC for genomics
  • Interoperability / FHIR / HL7 integration
  • Others (Data lakes & MDM (multi-modal data stores))

By Therapeutic Area

  • Oncology
  • Cardiology
  • Neurology / CNS
  • Rare & Genetic Disorders
  • Infectious Diseases (pathogen genomics)
  • Immunology / Autoimmune
  • Others (dermatology, endocrinology)

By End Use

  • Hospitals
  • Pharmaceutical & Biotech companies
  • Diagnostic Laboratories & Genomic Service Providers
  • Contract Research Organizations (CROs)
  • Others (Research Institutes & Academic Centers)

By Region

  • North America
    • U.S. 
    • Canada 
    • Mexico 
    • Rest of North America
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Western Europe
      • Germany
      • Italy
      • France
      • Netherlands
      • Spain
      • Portugal
      • Belgium
      • Ireland
      • UK
      • Iceland
      • Switzerland
      • Poland
      • Rest of Western Europe
  • Eastern Europe 
    • Austria
    • Russia & Belarus
    • Türkiye
    • Albania
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • Taiwan
    • India
    • Japan
    • Australia and New Zealand
    • ASEAN Countries (Singapore, Malaysia)
    • South Korea
    • Rest of APAC
  • MEA 
    • GCC Countries
    • Saudi Arabia
    • United Arab Emirates (UAE)
    • Qatar
    • Kuwait
    • Oman
    • Bahrain
  • South Africa
  • Egypt
  • Rest of MEA
FAQ's

The precision medicine software market holds a valuation of USD 2.46 billion as of 2026, and will expand to USD 7.14 billion by 2035, achieving a CAGR of 12.6% between 2026 and 2035.

North America is currently leading the precision medicine software market due to rising cases of rare diseases.

The precision medicine software market is segmented by component, deployment mode, application, technology, therapeutic area, end-use, and region.

Some key players include OSP, Genomind, IQVIA, Genedata AG, Owkin Inc., Qserve, etc.

Key trends include demand for precision medicine in various disease, and growing investment in pharma and biotechnology companies.

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Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi ensures the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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