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Artificial Intelligence (AI) In Precision Medicine Market Is Predicted To Witness A Substantial Rise In Growth And Demand In The Forecast Period 2023-2032
Artificial Intelligence (AI) in Precision Medicine Market
The Business Research Company's Artificial Intelligence (AI) In Precision Medicine Global Market Report 2023 identifies high prevalence of chronic illnesses and respiratory disorders is expected to propel the growth of artificial intelligence in the precision medicine market. Artificial intelligence in precision medicine helps in diagnosing and predicting the outcomes for people suffering from respiratory diseases based on clinical data and chest imaging. It is used in precision medicine to treat chronic illnesses because it reduces costs and optimizes resource utilization.
The global artificial intelligence (AI) in precision medicine market is expected to grow from $1.41 billion in 2022 to $1.82 billion in 2023 at a compound annual growth rate (CAGR) of 29.3%. The artificial intelligence (AI) in the precision medicine market is expected to reach $5.22 billion in 2027, at a CAGR of 30.1%.
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Major competitors in the artificial intelligence (AI) in precision medicine market are Alphabet Inc., Microsoft Corporation, Intel Corporation, International Business Machines Corporation, AstraZeneca PLC, Sanofi S.A., NVIDIA Corporation, GE HealthCare Technologies Inc., Illumina Inc., QIAGEN N.V., Helix Inc., Sema4 Holdings Corp., SOPHiA GENETICS SA, Insilico Medicine, BenevolentAI Limited, Fabric Genomics Inc., Tempus Technologies Inc., Enlitic Inc., PathAI Inc., Genuity Science Inc., BERG LLC, Perthera Inc., Vuno Inc., CureMetrix Inc., AITIA International Inc., Zephyr AI, Freenome Inc., PetaGene Ltd., Suki AI Inc., and BioXcel Therapeutics Inc.
The development of novel artificial intelligence (AI)-based life sciences solutions is a key trend gaining popularity in artificial intelligence in the precision medicine market. Major companies in the artificial intelligence in precision medicine market have made various advancements in big data analytics to sustain their position in the market.
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The artificial intelligence (AI) in precision medicine market is segmented -
• By Component: Hardware, Software, Service
• By Technology: Deep Learning, Querying Method, Natural Language Processing, Context Aware Processing
• By Therapeutic Application: Oncology, Cardiology, Neurology, Respiratory, Other Therapeutic Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the artificial intelligence (AI) in precision medicine market.
The Business Research Company's "Global Artificial Intelligence (AI) In Precision Medicine Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Artificial Intelligence (AI) In Precision Medicine Market Include:
1. Artificial Intelligence (AI) In Precision Medicine Market Executive Summary
2. Artificial Intelligence (AI) In Precision Medicine Market Segments
3. Artificial Intelligence (AI) In Precision Medicine Market Size And Artificial Intelligence (AI) In Precision Medicine Market Growth Rate
4. Key Artificial Intelligence (AI) In Precision Medicine Market Trends
5. Major Artificial Intelligence (AI) In Precision Medicine Market Drivers
……
25. Key Mergers And Acquisitions In The Artificial Intelligence (AI) In Precision Medicine Market
26. Top Artificial Intelligence (AI) In Precision Medicine Companies
27. Artificial Intelligence (AI) In Precision Medicine Market Opportunities And Strategies
28. Artificial Intelligence (AI) In Precision Medicine Market, Conclusions And Recommendations
29. Appendix
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