Artificial Intelligence in Genomics Market Size by Revenue to Reach USD 5,724.45 Million by 2027 – Arizton  

Sub-Heading: Regional and local vendors are expected to increase their share and presence both in developed and emerging economies through business expansion plans in the artificial intelligence in genomics market.

The artificial intelligence in genomics market by revenue is expected to grow at a CAGR of over 48% during the period 2021−2027.   
  
Key Highlights Offered in the Report:    
 
• The growth of the global AI in Genomics market is mostly driven by factors such as the increasing use of technology in healthcare sector, the prevalence of cancer, rare, and other genetic diseases, the growing acceptance of precision medicine in emerging economies, and increased in genomic and biomedical data.
• Additionally, developing economics and the use of AI in precision medicine is providing immense growth opportunities for players who are operating in the AI in Genomics market.
• North America region dominated the geography segment with the highest incremental growth of USD 2.8 billion and highest growing CAGR of 52.57% during the forecast period because of growing prevalence of cancer, rare, genetic diseases, and accelerating pace of digital transformation in the region.
• Genome sequencing segment dominated the functionality type segment in the market. The growth of segment is driven by growing research on the relationship between diseases and particular gene forms which is allowing early detection and treatment.
• Pharmaceutical and biotechnological companies are widely applying AI in Genomics to perform clinical trials and preclinical experiments.
• The key players in the global AI in Genomics market such as Fabric Genomics and NVIDIA are focusing on delivering innovative products which is accelerating imaging, genomics, patient monitoring, and drug discovery.

Key Offerings:   
• Market Size & Forecast by Revenue | 2021−2027  
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities  
• Market Segmentation – A detailed analysis by delivery mode, application, end-user, and geography
• Competitive Landscape – 4 key vendors and 18 other prominent vendors

Looking for more information? https://www.arizton.com/market-reports/artificial-intelligence-in-genomics-market

Artificial Intelligence in Genomics Market – Opportunities & Trends  

Over the last couple of years, there has been a remarkable surge in investment in genomics companies as start-ups seek to improve genetic data diversity. Healthcare has become an essential area for AI research and applications. Start-ups in the field are leveraging AI to help consumers, clinicians, and hospital systems to enhance fitness to clinical trials across diagnostics industry. Big pharma companies, including Johnson & Johnson, AstraZeneca, Bayer, Merck, Novartis, and GSK, have made great strides in adopting AI in pharma applications. The emergence of genomics start-ups using AI for the drug discovery process will accelerate the growth of the market. Several biopharma companies are using AI to drive innovation, improve their processes and discover new business models. Key drug discovery companies understand that AI can offer critical business advantages. The trend of increasing collaborations among pharmaceutical and software companies is profound due to the growing demand for AI in genomics.
 
Artificial Intelligence in Genomics Market – Segmentation  
  
Market Segmentation by Delivery Mode
• On-Premises
• Cloud-Based
Market Segmentation by Functionality
• Genome Sequencing
• Gene Editing
• Others
Market Segmentation by Application
• Translational Precision Medicine
• Clinical & Genomic Diagnostics
• Others
Market Segmentation by End User
• Pharma & Biotech Companies
• Public & Consumer Genomic Centers
• Others
Market Segmentation by Geography
• North America
o US
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Spain
• APAC
o Japan
o China
o India
o Australia
o South Korea
• Latin America
o Brazil
o Mexico
• Middle East & Africa
o Turkey
o Saudi Arabia
o South Africa

Artificial Intelligence in Genomics Market – Vendor Landscape  

The rising investments in drug discovery and R&D in the healthcare industry, the artificial intelligence in genomics market share of these vendors is anticipated to grow in the upcoming years. Players are progressively focusing on launching innovative devices to infiltrate and tap the huge growth potential prevailing in the market. The adoption of IoT, application security, application of AI, and ML are helping vendors to improve their delivery of offerings to support the field of genomics. Technological advances, particularly in the field of genomics and precision medicine, are leading to rapid change in the global AI in genomics market.

Key Vendors
• Fabric Genomics
• International Business Machines
• Microsoft
• NVIDIA

Other Prominent Vendors
• AI Therapeutics
• Ares Genetics
• BenevolentAI
• Deep Genomics
• Diploid
• DNAnexus
• Emedgene
• Empiric Logic
• Engine Biosciences
• FDNA
• Freenome Holdings
• Genuity Science
• Lifebit
• MolecularMatch
• Predictive Oncology
• SOPHiA GENETICS
• Verge Genomics
• WhiteLab Genomics

Get Your Free Sample Report Now! https://www.arizton.com/market-reports/artificial-intelligence-in-genomics-market

About Arizton:   
  
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.  
We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.  
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.  

Arizton Advisory and Intelligence
Mail: enquiry@arizton.com  
Call: +1-312-235-2040  
          +1 302 469 0707  

This release was published on openPR.