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Market Research Report

Single Nucleotide Polymorphisms (SNPs) Detection Technology Markets in Europe

Published by Frost & Sullivan Contact us : +1-860-674-8796
Published 2005/07 Content info 85 pages
Product code FS36034
Price From  US $ 6950 Order/Price list
US $ 6950 Web Access (Regional License)
US $ 7450 Hard Copy & Web Access (Regional License)
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Description TOC

Abstract

Lack of Validation and Proof of Concept Studies of Utility of SNPs in Drug Research and Diagnostics

Though some success stories are slowly emerging about utility of SNPs in drug discovery there is now a greater need for additional validation and proof of concept studies. The clinical significance of how the use of SNPs will ultimately affect clinical outcomes still needs to be proven quite effectively. Though researchers are reporting significant linkages between SNPs and drug response, there is still a lot of ground to be covered. Conversion of these studies into commercial applications is another area which is yet to see a lot of activity.

Growing Interest in Pharmacogenomics

There has been a growing interest amongst scientists today about the benefits of pharmacogenomics. Doctors have realized that existing approaches of one treatment for all will not success in a long term and avoid millions of dollars being wasted in wrong treatments. SNP detection would greatly augment the present pharmacogenomics approach. Two of the main uses of the SNP detection in identifying the contribution of individual genes to diseases that have a complex, multi gene basis, and correlating SNPs with drug responsiveness would greatly help forwarding the science of pharmacogenomics.

Potential to Change the Way Healthcare is Dispensed Today

SNP's are expected to change the way healthcare is dispensed by ushering in the era of personalized medicine. The main goal of SNP is to detect specific gene alterations which are the reason behind a particular disease and how it progresses. SNP's also play an important role in drug discovery during target validation and target identification stages and to increase the productivity of the drug discovery process.

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