This document discusses key trends, barriers, and opportunities in translational medicine and precision medicine. Key trends include fewer blockbuster drugs, increasing use of electronic health records, and decreasing costs of genome sequencing. Barriers include the lack of curated disease databases, difficulty integrating clinical and bioinformatics data, and lack of physician knowledge. Opportunities exist in clinical decision support, variant analysis and interpretation software, and using genome sequencing to guide treatment. The document outlines assessing this market through understanding requirements, competitors, and developing go-to-market strategies.