Press release
Artificial Intelligence in Genomics Market To Record An Exponential CAGR By 2028 with key players AI Therapeutics, Inc., Freenome Holdings, Inc., BioSymetrics, Cyclica Inc., Clover Therapeutics, Coral Genomics, Cambridge Cancer Genomics Limited, Deep Geno
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According to the latest research by InsightAce Analytic, the global artificial intelligence in genomics market size was valued at US$ 142.5 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 39.0% from 2020 to 2028. In the current scenario, one area that artificial intelligence is significantly evolving is the genomics industry. Artificial intelligence focuses on computer algorithms development that offers efficient data output with experience. These artificial intelligence algorithms can be used for the analysis of huge data sets of genomic sequencing.
The AI in genomics involves processes such as gene sequencing and gene editing. Currently, researchers are using machine learning for genomics to performing activities such as gene synthesis, personalized medicines, and comprehend the genetic makeup. However, high cost and a vast amount of genomes and genes may affect the market growth substantially. The growing government support for genomic studies, growing fundings, rising investment by key players operating in the market for AI in genomics are expected to generate immense opportunity for the growth of the market in the coming years.
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Global artificial intelligence in genomics market reports cover prominent players such as
AI Therapeutics, Inc., Freenome Holdings, Inc., BioSymetrics, Cyclica Inc., Clover Therapeutics, Coral Genomics, Cambridge Cancer Genomics Limited, Deep Genomics, Desktop Genetics Ltd., DNAnexus, Data4Cure, Inc, Empiric Logic, Engine Biosciences Pte. Ltd., PrecisionLife Ltd, SOPHiA GENETICS, Inc., Verge Genomics, Genoox, Ltd., Fabric Genomics, Inc., BenevolentAI, LifebitAI, Congenica Ltd, Predictive Oncology, Emedgene, Microsoft (Project Hanover), Ares Genetics GmbH, CureMatch, Inc., Trace Genomics, WhiteLab Genomics, and WuXi Nextcode Genomics among others.
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Market Segments
Global Artificial Intelligence in Genomics Market by Service Type Revenue (US$ Mn) Forecast 2020-2028
o Genome Sequencing
o Gene Editing
o Clinical Workflow
o Direct-to-Consumer Genomics
Global Artificial Intelligence in Genomics Market Based on Application Revenue (US$ Mn) Forecast 2020-2028
o Pharmacogenomics
o Newborn Genetic Screening Tools
o Agriculture
o Others
Global Artificial Intelligence in Genomics Market Based on Region Revenue (US$ Mn) Forecast 2020-2028
Europe Artificial Intelligence in Genomics Market Revenue (US$ Mn) Forecast 2020-2028
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe
North America Artificial Intelligence in Genomics Market Revenue (US$ Mn) Forecast 2020-2028
o U.S.
o Canada
Asia Pacific Artificial Intelligence in Genomics Market Revenue (US$ Mn) Forecast 2020-2028
Latin America Artificial Intelligence in Genomics Market Revenue (US$ Mn) Forecast 2020-2028
Middle East & Africa Artificial Intelligence in Genomics Market Revenue (US$ Mn) Forecast 2020-2028
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To receive a comprehensive analysis of the prospects for global artificial intelligence in genomics market
To receive industry overview and future trends artificial intelligence in genomics market
To analyze the artificial intelligence in genomics market drivers and challenges
To get information on artificial intelligence in genomics market size value/revenue (US$ Mn) forecast till 2028
Major Investments, Mergers & Acquisition in artificial intelligence in genomics industry
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