Press release
Incredible possibilities of Artificial Intelligence In Life Sciences Market 2019 With huge Growth by Focusing on Players as IBM Corporation, AiCure, LLC, NuMedii, twoXAR, Atomwise, Lifegraph Limited, Cyrcadia Health, Zebra Medical Vision, APIXIO, Enlitic
As life sciences organizations look forward to doing cutting-edge research, discover new drugs faster, or stay ahead in the race of latest equipment, technology has emerged as the single biggest enabler in tweaking their value chains to meet their current business requirements.One such technology enabling this industry is artificial intelligence (AI). As of now, it has a little, yet developing impression in this industry with increasing application in drug discovery and development. But firms are expanding AI applications across the product lifecycle. This industry involves a huge amount of data, structured and unstructured, and to manage this data better AI is the recourse. It also helps improve the processes and save time and cost. This type of technology has shown to be very useful in life science industries, such as by sorting different types of cancer cells in laboratories. Naturally, technology, which both serves a function, and removes the need for explicit programming, will affect a host of jobs in the life science industry.
Artificial intelligence in life sciences market is expected to grow at a CAGR of over +20% during the forecast period 2019 – 2026.
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Key Market Players Profiled in the Report are: IBM Corporation, AiCure, LLC, NuMedii, Inc., twoXAR, Inc., Atomwise, Inc., Lifegraph Limited, Cyrcadia Health, Inc., Zebra Medical Vision, APIXIO Inc., Enlitic Inc., Insilico Medicine Inc., Numerate Inc., Sophia Genetics SA and Sensely Inc. amongst others.
The demand for Artificial intelligence in the life sciences sector of Asia Pacific region is majorly found in the drug discovery and clinical trials applications. As countries like India, China, Malaysia, and Indonesia are increasingly becoming global centers for medical tourism foreign investment in the sector is increasing rapidly. In case of India, the government has undertaken several initiatives to encouraging public-private partnerships (PPPs) in pharmaceutical R&D projects and is increasingly investing in medical infrastructure.
The Research Insights proclaims the addition of new analytical data which helps to make informed business decisions. It has been summarized with a detailed description of the global Artificial Intelligence In Life Sciences market including overview, segments, applications and features of the market. Qualitative and quantitative research methodologies have been employed in this research report. Furthermore, it throws light on business attributes, strategies, and certain methodologies to understand the market clearly. Several trends like technological, economic, social, political are influencing market growth.
The study is a source of reliable data on:
• Key market segments and sub-segments
• Evolving market trends and dynamics
• Changing supply and demand scenarios
• Quantifying market opportunities through market sizing and market forecasting
• Tracking current trends/opportunities/challenges
• Competitive insights
• Opportunity mapping in terms of technological breakthroughs
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The study estimates the factors that are boosting the performance of the businesses. It also mentions the innovations, and platform which helps to drive the businesses rapidly. Additionally, it offers global opportunities that may hit the progress of the market. It offers a comprehensive study of various dynamic aspects to the decision makers, investors, policymakers and business owners.
This report includes a study of the Artificial Intelligence In Life Sciences market with respect to growth prospects and restraints based on the regional analysis. The study includes Porters five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
The key questions answered through this research report:
• Who are the target clients of global Artificial Intelligence In Life Sciences market?
• Which sales strategies are useful for increasing the sale worldwide?
• What are the challenges, risks, and threats faced by businesses?
• What is the pricing structure across several regions?
• Who are the major key players in the global market?
• How much is the size of the global Artificial Intelligence In Life Sciences market?
• What are the internal and external drivers and restraining factors of the global Artificial Intelligence In Life Sciences market?
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