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Precision medicine is a landmark strategy that has been changing the future of health care through matching treatment plans with each individual patient’s needs and requirements. It permits the discovery of certain genetic abnormalities that cause tumors in cancer research, resulting in tailored medicines and better outcomes. The new drug development process is facilitated by precision medicine, focusing on biomarkers and patient classification because they allow for faster identification of new treatments. Emerging trends in omics technologies and Artificial Intelligence for data processing have patient-centered telemedicine applications. Ethical and privacy issues are addressed, focusing on data security and informed consent. The additional development of precision medicine offers hope for bridging gaps in healthcare delivery systems, addressing rare disease challenges, and promoting global healthcare initiatives. The revolutionizing nature of healthcare and improved patient outcomes can only be fully realized through acceptance and support of precision medicine to its fullest extent. This review evaluates various applications of precision medicine with an emphasis on how it could potentially change the paradigm of cancer research.
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