U.K. Precision Medicine Market Size & Outlook, 2026-2033
Global Market
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UK precision medicine market highlights
- The UK precision medicine market generated a revenue of USD 3,824.6 million in 2025 and is expected to reach USD 15,236.5 million by 2033.
- The UK market is expected to grow at a CAGR of 19% from 2026 to 2033.
- In terms of segment, therapeutics was the largest revenue generating application in 2025.
- Diagnostics is the most lucrative application segment registering the fastest growth during the forecast period.
Precision medicine market data book summary
| Market revenue in 2025 | USD 3,824.6 million |
| Market revenue in 2033 | USD 15,236.5 million |
| Growth rate | 19% (CAGR from 2026 to 2033) |
| Largest segment | Therapeutics |
| Fastest growing segment | Diagnostics |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostics, Therapeutics |
| Key market players worldwide | Roche, Siemens Healthineers AG ADR, Janssen Pharmaceuticals, Illumina Inc, Quest Diagnostics Inc, 23andMe Holding Co Class A, NeoDiagnostix, International Business Machines Corp, Myriad Genetics Inc, Medtronic PLC, GE HealthCare Technologies Inc Common Stock, Abbott Laboratories, Dakota Software, Biogen Inc, Qiagen NV, ImmunityBio Inc Ordinary Shares |
Other key industry trends
- In terms of revenue, UK accounted for 3.3% of the global precision medicine market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Europe, Germany precision medicine market is projected to lead the regional market in terms of revenue in 2033.
- UK is the fastest growing regional market in Europe and is projected to reach USD 15,236.5 million by 2033.
The presence of sophisticated healthcare infrastructure, collaborations between key market players, and launch of novel products are anticipated to contribute to market growth in the UK. Government support & initiatives are expected to further propel the growth of the country’s precision medicine market in the coming years.
For instance, in 2020, the UK government issued GENOME UK: 2020 national genomic healthcare strategy, which focused on the strategies to improve genomics in healthcare and research. Similarly, in December 2018, Genomics plc, a UK-based company, raised funding of USD 40.3 million (EUR 37 million) for developing personalized medicine.
In January 2022, Eagle Genomics, a UK-based company, raised a funding of USD 20 million, which is aimed toward innovation in personalized medicine. In addition, in February 2024, an innovative AI-driven project, NextGen, was launched in the UK and EU to personalize therapies for cardiovascular disease patients.
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Publish Date: May 12, 2026
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Precision Medicine Diagnostics Therapeutics Market
Precision Medicine Diagnostics Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GE HealthCare Technologies Inc Common Stock | View profile | 51,000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | www.gehealthcare.com |
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Siemens Healthineers AG ADR | View profile | 71,400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | www.siemens-healthineers.com |
| Quest Diagnostics Inc | View profile | 48,000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | www.questdiagnostics.com |
| Illumina Inc | View profile | 9,300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | www.illumina.com |
| Qiagen NV | View profile | 5,900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | www.qiagen.com |
| Myriad Genetics Inc | View profile | 2,700 | 320 Wakara Way, Salt Lake City, UT, United States, 84108 | www.myriad.com |
| Dakota Software | View profile | 51-100 | Cleveland, Ohio, United States, North America | dakotasoft.com |
U.K. precision medicine diagnostics therapeutics market
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Precision Medicine Market Outlook will help companies and investors design strategic landscapes.
Therapeutics was the largest segment with a revenue share of 94.13% in 2025.
Horizon Databook has segmented the U.K. precision medicine market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2021 to 2033.
The presence of sophisticated healthcare infrastructure, collaborations between key market players, and launch of novel products are anticipated to contribute to market growth in the UK. Government support & initiatives are expected to further propel the growth of the country’s precision medicine market in the coming years.
For instance, in 2020, the UK government issued GENOME UK: 2020 national genomic healthcare strategy, which focused on the strategies to improve genomics in healthcare and research. Similarly, in December 2018, Genomics plc, a UK-based company, raised funding of USD 40.3 million (EUR 37 million) for developing personalized medicine.
In January 2022, Eagle Genomics, a UK-based company, raised a funding of USD 20 million, which is aimed toward innovation in personalized medicine. In addition, in February 2024, an innovative AI-driven project, NextGen, was launched in the UK and EU to personalize therapies for cardiovascular disease patients.
- U.K. Precision Medicine Market Application Outlook (Revenue, USD Million , 2021-2033)
- Diagnostics
- Therapeutics
- U.K. Precision Medicine Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Home Care
- Hospitals
- Clinical Laboratories
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. precision medicine diagnostics therapeutics market, including forecasts for subscribers. This country databook contains high-level insights into U.K. precision medicine diagnostics therapeutics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
U.K. Precision Medicine Market, 2021-2033 (US$M)
UK Application - Precision Medicine Market Statistics, 2025 - 2033 (US$M)
