Download PDFOpen PDF in browserExploring the Wider Economic Impact of Enhanced Health Outcomes Through Precision Medicine.EasyChair Preprint 152235 pages•Date: October 9, 2024AbstractThis article explores the broader economic impact of enhanced health outcomes achieved through precision medicine. Precision medicine, which tailors treatments to individual patient characteristics, has shown promise in improving health outcomes by reducing disease burden and enhancing quality of life. The article examines direct economic benefits, including reduced healthcare costs, increased productivity, and enhanced patient well-being. It also discusses indirect impacts, such as long-term savings and the potential for economic growth driven by innovation. However, challenges remain, including disparities in access and ethical considerations. The article concludes with policy implications and a call to action for further investment and research to ensure the equitable integration of precision medicine into healthcare systems, ultimately aiming to leverage its full economic potential. Keyphrases: Health, drug, treatment
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