Press release
Artificial Intelligence in Life Sciences Market Size 2023-2028 | Share, Growth, Analysis, Trends and Forecasts
Artificial Intelligence in Life Sciences Market
The global artificial intelligence in life sciences market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.2 Billion by 2028, exhibiting a growth rate (CAGR) of 25.7% during 2023-2028.
What is Artificial Intelligence in Life Sciences?
Artificial intelligence (AI) in the life sciences refers to the application of advanced computational algorithms and machine learning (ML) techniques to analyze, interpret, and leverage biological, medical, and pharmaceutical data. It relies on various machine learning (ML) techniques, including deep learning and support vector machines, which are employed for data analysis and prediction tasks. It also requires collaboration between computer scientists, biologists, clinicians, and data scientists to ensure a comprehensive approach. It can detect diseases at earlier stages when they are more treatable, potentially saving lives and reducing healthcare expenses.
Request a PDF Sample for more detailed market insights: https://www.imarcgroup.com/artificial-intelligence-in-life-sciences-market/requestsample
What are the growth prospects and trends in the artificial intelligence in life sciences industry?
At present, the increasing popularity of AI in life sciences, as it can analyze patient data, medical images, and genetic information to aid in early disease detection and risk assessment, represents one of the crucial factors impelling the growth of the market.
Besides this, the rising integration of AI in life sciences, as it facilitates the interpretation of complex genomic data, enabling the discovery of genetic markers associated with diseases and guiding precision medicine interventions, is propelling the growth of the market. In addition, the growing utilization of AI to enhance the accuracy and speed of interpreting medical images like magnetic resonance imaging (MRI) and pathology slides is offering a favorable market outlook.
Apart from this, the increasing employment of AI in life sciences to analyze complex proteomic and metabolomic data to uncover biomarkers for disease diagnosis and treatment monitoring is strengthening the growth of the market.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/artificial-intelligence-in-life-sciences-market
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Offering:
• Software
• Hardware
• Services
Breakup by Deployment:
• On-premises
• Cloud-based
Breakup by Application:
• Drug Discovery
• Medical Diagnosis
• Biotechnology
• Clinical Trials
• Precision and Personalized Medicine
• Patient Monitoring
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Some of the Top Key players in the Artificial Intelligence in Life Sciences Market
AiCure LLC
Apixio Inc. (Centene Corporation)
Atomwise Inc
Enlitic Inc.
International Business Machines Corporation
Insilico Medicine Inc.
Nuance Communications Inc.
NuMedii Inc.
Sensely Inc.
Sophia Genetics SA
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse Other Reports:
https://www.japanmarketresearch.jp/extended-warranty-market/
https://www.japanmarketresearch.jp/artificial-turf-market/
https://ae.linkedin.com/pulse/5g-chipset-%25D8%25AD%25D8%25AC%25D9%2585-%25D8%25A7%25D9%2584%25D8%25B3%25D9%2588%25D9%2582-%25D9%2588%25D8%25A7%25D9%2584%25D8%25AD%25D8%25B5%25D8%25A9-%25D9%2588%25D8%25A7%25D9%2584%25D8%25AA%25D8%25AD%25D9%2584%25D9%258A%25D9%2584-%25D9%2588%25D8%25A7%25D9%2584%25D8%25AA%25D9%2586%25D8%25A8%25D8%25A4-vik-chauhan/
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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 in Life Sciences Market Size 2023-2028 | Share, Growth, Analysis, Trends and Forecasts here
News-ID: 3228531 • Views: …
More Releases from IMARC Group
India Electric Vehicle Market Set to Reach USD 191,037.22 Million by 2034, Expan …
India Electric Vehicle Market : Report Introduction
According to IMARC Group's report titled "India Electric Vehicle Market Size, Share, Trends and Forecast by Vehicle Type, Price Category, Propulsion Type, and Region, 2026-2034" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.
Free Sample Download PDF (Exclusive Offer on Corporate Email) : https://www.imarcgroup.com/india-electric-vehicle-market/requestsample
India Electric Vehicle Market Overview
The India electric vehicle market size was valued at…
United States Revenue Cycle Management Market Size, Trends, Growth and Forecast …
IMARC Group has recently released a new research study titled "United States Revenue Cycle Management Market Size, Share, Trends and Forecast by Type, Component, Deployment, End User, and Region, 2026-2034", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
Connect with a Research Analyst Now:
https://www.imarcgroup.com/united-states-revenue-cycle-management-market/requestsample
United States Revenue Cycle Management Market Summary:
The United States revenue cycle…
LED Chip Manufacturing Plant Cost Report 2026: Demand Analysis, CapEx/OpEx & ROI …
Setting up an LED chip manufacturing plant involves strategic planning, substantial capital investment, and comprehensive understanding of semiconductor fabrication technologies. These high-performance components power everything from general illumination and displays to automotive lighting and consumer electronics. Success requires careful site selection, advanced epitaxial growth processes, sophisticated cleanroom facilities, reliable raw material sourcing, and compliance with stringent quality and environmental regulations to ensure profitable and sustainable operations.
IMARC Group's report, "LED Chip…
Eyewear Manufacturing Plant DPR & Unit Setup - 2026: Machinery Cost, CapEx/OpEx, …
Setting up an eyewear manufacturing plant positions investors within a strategically important segment of the global optical and fashion accessories industry, driven by increasing demand for vision correction solutions, rising awareness of eye health, and growing fashion consciousness. As modern lifestyles advance, digital device usage expands, and the need for protective and corrective eyewear grows, eyewear continues to gain traction across prescription glasses, sunglasses, safety eyewear, and fashion accessories worldwide.…
More Releases for Artificial
Artificial Intelligence or Artificial Soul by Denise White
Author Denise White exposes the subtle societal forces shaping young minds and offers profound wisdom to help children develop resilience against artificial influences.
As artificial intelligence continues to permeate every aspect of modern life, from self-driving cars to virtual assistants, a critical question arises: Are we sacrificing our authenticity and human essence for the sake of technological advancement? In her latest book, Guarding the Child's Imagination , author Denise White sheds…
Artificial Neural Network Software Market: Advancements in Artificial Neural Net …
The Report on "Artificial Neural Network Software Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Market Growth of Artificial Neural Network Software Market: The artificial neural network software market is experiencing robust growth as organizations across various industries increasingly leverage AI-driven solutions to enhance decision-making, automate processes, and gain actionable insights from…
Global Artificial Intelligence Market, Global Artificial Intelligence Industry, …
Major players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA Corporation, Samsung Electronics Co.Ltd, and Micro Strategy Inc.
The Global Artificial Intelligence Market is expected to grow from USD 28.42 billion in 2019 to USD 40.74 billion in 2020 at a compound annual growth rate (CAGR) of 43.39%. The growth is mainly due to the COVID-19 health emergency across the globe that has led to…
Artificial Iris Market - Industry Analysis, Size, Share, Growth, Trends, and For …
The global Artificial Iris Market is anticipated to gain the market worth of US$ 16.28 million by 2025, expanding at a CAGR of 6.39% during the forecast period 2019-2025. The natural pupil controls the amount of light that enters the eye and people with pupil or iris abnormalities may experience glare or haloes in sunlight or bright artificial light. Patients may also feel self-conscious about the appearance of their eyes…
Global Artificial Organs Market Facts, Figures and Analytical Insights, 2018 to …
Artificial Organs Market Introduction
Artificial organ is an engineered device or tissue that is implanted into the human body. These artificial organs replace a natural organ in order to duplicate a specific function so that the patient can return to a normal life. It is a medical device with biochemical or mechanical function such as lung, heart, liver, kidney, or neurosensory organs.
Artificial organs are surgically implanted or are extra…
Artificial Kidney Market Report 2018: Segmentation by Type (Wearable Artificial …
Global Artificial Kidney market research report provides company profile for Medtronic, DaVita, Merit Medical Systems, NIPRO Medical Corporation, Nikkiso, B. Braun Melsungen AG, Kawasumi Laboratories, Fresenius, Baxter, Asahi Kasei Medical, Xcorporeal and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
