Global Precision Medicine Market Expands, Offering Opportunities and Challenges for India

Context:

  • Precision medicine—also referred to as precision biotherapeutics—is emerging as a transformative approach in healthcare by customising treatment based on individual genetic, molecular, and cellular profiles.

  • With non-communicable diseases (NCDs) accounting for nearly 65% of deaths in India, the relevance of precision medicine is rising.

  • The sector is gaining global momentum, with India identified as a potential growth hub, albeit with regulatory and affordability challenges.

Key Highlights:

Scientific Principle / Technology Overview

  • Precision biotherapeutics integrates:

    • Genetic science

    • Molecular biology

    • Advanced data analytics

  • Treatments are designed to target the root cause of disease, rather than relying on one-size-fits-all therapies.

  • Includes innovations such as:

    • Gene therapies

    • Cell therapies

    • Monoclonal antibodies

    • Biosimilars

Market Size and Economic Potential

  • The global precision medicine market is projected to exceed $22 billion by 2027.

  • Rising burden of cancer, cardiovascular diseases, and metabolic disorders is driving demand.

  • India’s growing biotech ecosystem positions it as a potential contributor and beneficiary of this market.

Government Initiative / Policy Support

  • The Department of Biotechnology (DBT) has identified precision biotherapeutics as a strategic focus area.

  • National genomic initiatives include:

    • IndiGen Programme

    • GenomeIndia Project

  • These aim to map India-specific genetic diversity, enabling locally relevant and cost-effective therapies.

Research and Institutional Ecosystem

  • Institutions such as the Institute of Genomics and Integrative Biology (IGIB) are:

    • Mapping population-level genetic variations

    • Studying disease susceptibility and drug response

  • Such research supports evidence-based precision healthcare.

Regulatory and Governance Challenges

  • India lacks a comprehensive regulatory framework for:

    • Gene therapies

    • Cell-based treatments

  • Existing guidelines are fragmented and evolving.

  • Affordability and accessibility remain major concerns due to high costs of personalised therapies.

Ethical, Privacy, and Data Concerns

  • Use of genetic data raises issues of:

    • Data privacy

    • Informed consent

    • Potential misuse

  • Requires alignment with robust data protection frameworks under emerging digital health and data laws.

Significance / Way Forward

  • Precision medicine can:

    • Improve treatment outcomes

    • Reduce adverse drug reactions

    • Lower long-term healthcare costs

  • India must focus on:

    • Clear regulation

    • Public–private partnerships

    • Affordable innovation models

UPSC Relevance (GS-wise):

GS 3 – Science & Technology

  • Genomics and biotechnology

  • Emerging medical technologies

  • Innovation in healthcare delivery

GS 3 – Economy

  • Biotechnology as a sunrise sector

  • Health-tech market potential and employment

GS 2 – Governance

  • Regulatory frameworks for advanced therapies

  • Ethical governance of genetic data

Prelims Focus:

  • Precision medicine

  • Genomics

  • Monoclonal antibodies

  • Biosimilars

  • GenomeIndia initiative

Mains Orientation:

  • Discuss the potential of precision medicine in addressing India’s NCD burden and the regulatory challenges involved.

  • Examine ethical and data governance concerns in genomics-based healthcare.

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