openPR Logo
Press release

Artificial Intelligence (AI) in Biotechnology market was valued at US$ 2919 million in 2022 and is anticipated to reach US$ 9367.4 million by 2029, witnessing a CAGR of 21.5% - Valuates Reports

09-06-2023 11:12 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Artificial Intelligence (AI) in Biotechnology market was valued at US$ 2919 million in 2022 and is anticipated to reach US$ 9367.4 million by 2029, witnessing a CAGR of 21.5% during the forecast period 2023-2029.

Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-20B14250/Global_Artificial_Intelligence_AI_in_Biotechnology_Market_Research_Report_2023

AI in biotech is critical for boosting invention in labs and throughout a medicine's or chemical compound's lifecycle. AI-based tools and applications aid in the development of molecule structures per the target market. Machine learning, a subset of artificial intelligence, aids in estimating combinations and permutations of different compounds to determine the best combination without the need for manual experiments in the lab. Artificial intelligence's application in biotech brings about innovations that aid predictive modeling to forecast market demand for a specific drug or chemical. AI in Biotech can also assist in the smart distribution of raw materials needed by the biotech sector via cloud computing.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Artificial Intelligence (AI) in Biotechnology is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Artificial Intelligence (AI) in Biotechnology is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Artificial Intelligence (AI) in Biotechnology in Agriculture Biotechnology is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Artificial Intelligence (AI) in Biotechnology include AstraZeneca, Abbott Laboratories, Amgen, Inc., Atomwise, Biogen, Bristol-Myers Squibb, F. Hoffmann-La Roche Ltd., Gilead Sciences, Inc and Johnson & Johnson Services, Inc., etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Artificial Intelligence (AI) in Biotechnology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artificial Intelligence (AI) in Biotechnology.
The Artificial Intelligence (AI) in Biotechnology market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Artificial Intelligence (AI) in Biotechnology market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Segment by Type
Hardware
Software and Services

Segment by Application
Agriculture Biotechnology
Medical Biotechnology
Animal Biotechnology
Industrial Biotechnology
Others

Get detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-20B14250/global-artificial-intelligence-ai-in-biotechnology

Similar report -

https://reports.valuates.com/market-reports/QYRE-Auto-26I10169/global-artificial-intelligence-based-personalization

https://reports.valuates.com/market-reports/QYRE-Auto-35R5760/global-artificial-intelligence-in-computer-networks

https://reports.valuates.com/market-reports/QYRE-Auto-36J10040/global-artificial-intelligence-in-regtech

Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial Intelligence (AI) in Biotechnology market was valued at US$ 2919 million in 2022 and is anticipated to reach US$ 9367.4 million by 2029, witnessing a CAGR of 21.5% - Valuates Reports here

News-ID: 3197914 • Views:

More Releases from Valuates Reports

AI-powered ESG Reporting Software Market Revenue Share, Insights & Future Outloo …
AI-powered ESG Reporting Software Market Size The global market for AI-powered ESG Reporting Software was valued at US$ 841 million in the year 2024 and is projected to reach a revised size of US$ 2524 million by 2031, growing at a CAGR of 17.0% during the forecast period. North American market for AI-powered ESG Reporting Software is estimated to increase from $ million in 2024 to reach $ million by 2031, at
Electric & Hydraulic Wellhead Drives for Onshore Market Revenue Share, Insights …
Electric & Hydraulic Wellhead Drives for Onshore Market The global market for Electric & Hydraulic Wellhead Drives for Onshore was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period. A wellhead is the component at the surface of an oil or gas well that provides the structural and pressure-containing interface for
All Flash Network Attached Storage (NAS) Market Revenue Share, Insights & Future …
All Flash Network Attached Storage (NAS) Market The global market for All Flash Network Attached Storage (NAS) was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period. Network additional storage is the name of a specialized data storage technology that can be directly connected to the computer network, providing centralized data
Portable Normal Pressure Fire Fighting Pump for Industrial Market Revenue Share, …
Portable Normal Pressure Fire Fighting Pump for Industrial Market Size The global market for Portable Normal Pressure Fire Fighting Pump for Industrial was valued at US$ 132 million in the year 2024 and is projected to reach a revised size of US$ 186 million by 2031, growing at a CAGR of 5.1% during the forecast period. Download Free Data: https://reports.valuates.com/request/sample/QYRE-Auto-34T15717/Global_Portable_Normal_Pressure_Fire_Fighting_Pump_for_Industrial_Market_Research_Report_2023?utm_source=Openpr&utm_medium=Referral Report Scope This report aims to provide a comprehensive presentation of the global market

All 5 Releases


More Releases for Biotech

Global Agricultural Biotech Market Analysis By Top Keyplayers - Agriland Biotech …
Market Overview The global agricultural biotech market, valued at USD 103.2 billion in 2023, is projected to reach USD 213.3 billion by 2031, growing at a CAGR of 9.5% from 2024 to 2031. Biotechnology in agriculture enhances productivity through genetic modification, producing crops with higher yields, pest and disease resistance, and better nutritional content. Recent advancements like CRISPR-Cas9 have revolutionized crop development, offering precise and efficient genetic enhancements. Emerging markets with
By Company Kingherbs Artemis NutriBotanica Kemin Vita Forte Alpspure Reindeer Bi …
Global Leading Market Research Publisher QYResearch announces the release of its lastest report "Global Acerola Cherry Extract Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application". Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a comprehensive analysis of the global Acerola Cherry Extract market, including market size, share, demand, industry development status, and forecasts for the next few years. Provides
Phycobiliproteins Market | Aim Grow Biotech Co., Ltd, Algapharma Biotech, Algene …
The global phycobiliproteins market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the phycobiliproteins market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth of the phycobiliproteins market.
Biotechnology-Based Chemical Market Size 2022: Kemin Europa, Clariant, JC Biotec …
Biotechnology-Based Chemical Market research report provides valuable insights by analyzing market trends and market scenarios over a defined period. It also presents manufacturing details like sales, volume, revenue, price, and gross margin. Furthermore, the import-export analysis, pricing analysis is also included in the report to understand the product demand and service. Finally, it also provides end-user application analysis, which delivers revenue, growth percentage of the product across the different applications.
Global Acetaminophen (Paracetamol) Market 2020 | Genesis Biotech, M.M. Pharma, A …
The Global Acetaminophen (Paracetamol) Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The study provides company profiling, product picture and specifications, sales, market share and contact information of key manufacturers of Global Acetaminophen (Paracetamol) Market.The Key manufactures involved in this market
Global Ginkgetin Market 2019 - Hunan Nutramax, Shaanxi Pioneer Biotech, Xi'an So …
Ginkgetin is an extract from ginkgo biloba. Scope of the Report: Ginkgetin can dilate blood vessels, promote blood circulation, enhance immunity, and promote cerebral blood circulation and cell metabolism. The worldwide market for Ginkgetin is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017. This report focuses on the Ginkgetin in global market, especially in North