The demand for personal genomics—the analysis and interpretation of information from an individual's genome—is higher now than ever. In fact, according to a report from Grand View Research, the global genomics market size was valued at USD 20.1 billion in 2020 and is expected to reach USD 62.9 billion by 2028, expecting to expand at a CAGR of 15.35% during the forecast period.
By sequencing individual genomes, researchers can uncover large amounts of information concerning all aspects of that individual's physiology—from their susceptibility to certain diseases to how they respond to specific drugs.
Personal genomics empowers individuals to have direct access to their genetic information. This breaks down the conventional barriers that have been "imposed" on patients to work with a single doctor or specialist who has the complete picture of medical records and testing history, handing the choice back to the people. Hypothetically, a person with control over their genetic profile can connect to and receive advice from any health specialist worldwide, who will tailor the health plan or treatments based on the person's genetic data.
Thanks to the genetic profiling achievable with personal genomics, the population might eventually optimize their health at different levels, from tailored diet plans to specific illness cures. Although the ability to access personal genetic information is still a relatively young phenomenon, it is a rapidly accelerating field, with many predicting that it is on track to become a crucial part of everyday healthcare.
Metaverse Technology Meets Genomics
In 2021, the metaverse emerged as a revolutionary new technology that utilizes decentralized, persistent 3D virtual environments, made accessible through VR headsets, augmented reality (AR) glasses, smartphones, PCs, and game consoles.
The metaverse represents a turning point for the healthcare system, eliminating the barrier typically associated with the industry, including high fees and geographical boundaries. By harnessing metaverse technology, personal genomic profiles will allow users to choose doctors and wellness providers globally who will custom-make the treatment plan based on their genomic data.
The Rise of Wellness Metaverses
Many projects are seeing the opportunity to merge metaverse technology to revolutionize the personal genomics space. In particular, the health and wellness ecosystem Limoverse. The platform, built using blockchain technology, aims to emerge as the largest and most advanced health and wellness metaverse powered by the world's first wellness economy.
Limoverse believes that decentralization is the key to empowering people worldwide to better safeguard their health and wellness. The platform's ecosystem provides a place where users can access services of health and wellness practitioners from anywhere in the world and exchange ideas and knowledge, refer to one another, and receive rewards in the process.
Utilizing the groundbreaking EPLIMO (Epigenetic Lifestyle Modification) technology, the platform will generate data correlated using artificial intelligence to create highly personalized lifestyle modification plans for the client. EPLIMO enables health and wellness providers to deliver a thoroughly personalized medical, diet, or fitness plan.
Personal genomics is the breakthrough innovation that is disrupting the conventional healthcare system, and the metaverse ecosystem will be enabling technology that will prompt its acquisition giving significant use cases. In this new scenario, projects like Limoverse will assist in the Healthcare revolution 3.0, where all the barriers will be broken down, positively impacting cost and accessibility.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.