Press release
Artificial Intelligence In Life Sciences Global Market Demand Analysis, Manufacturers Share, Regions, Risk Analysis, Driving Forces and Application, Forecast To 2033
Artificial Intelligence In Life Sciences Global Market
The Business Research Company presents an extensive market research report on the Artificial Intelligence In Life Sciences Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The artificial intelligence in life sciences market size has grown exponentially in recent years. It will grow from $2.35 billion in 2023 to $2.92 billion in 2024 at a compound annual growth rate (CAGR) of 24.2%. The growth in the historic period can be attributed to increasing number of clinical trials, increasing adoption of ai in the domain of r&d, high emphasis on the development of precision medicine and personalized drugs.
The artificial intelligence in life sciences market size is expected to see exponential growth in the next few years. It will grow to $6.82 billion in 2028 at a compound annual growth rate (CAGR) of 23.6%. The growth in the forecast period can be attributed to the increasing interest in real-time remote patient monitoring (rpm) systems, increasing demand for ai in drug discovery, the increasing adoption of ai in medical imaging analysis. Major trends in the forecast period include strategic partnership, product innovations, technological advacements, investments, research and developments.
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Key Market Players:
Major companies operating in the artificial intelligence in life sciences market report are Google LLC, Microsoft Corporation, Intel Corporation, IBM Corporation, Medtronic PLC, Nvidia Corporation, Novo Nordisk A/S, Siemens Healthineers AG, Philips Healthcare, Babylon Healthcare Services Ltd., Komodo Health Inc., Modernizing Medicine Inc., Viz.ai Inc., Butterfly Network Inc., Augmedix, AiCure LLC, HealthTap Inc., Welltok Inc., Enlitic Inc., PathAI Inc., Nano-X Imaging Ltd., Berg LLC, Insitro, Sense.ly Inc., Subtle Medical Inc., Medasense Biometrics Limited, Immunai, Atomwise Inc., Freenome Holdings Inc., CloudMedX Inc.
Market Drivers:
The increasing interest in real-time remote patient monitoring (RPM) systems is expected to propel the growth of artificial intelligence in the life sciences market going forward. A remote patient monitoring system is a technology-driven healthcare solution designed to monitor patients' health outside of traditional healthcare settings. AI in life sciences contributes significantly to remote patient monitoring by providing continuous, personalized, and data-driven insights that enable proactive healthcare management. For instance, in August 2023, according to a survey conducted by Vivalink, a US-based digital healthcare company, clinicians' use of remote patient monitoring (RPM) grew by 20% in 2021 to 81% in 2022, increasing by 305%. Therefore, the increasing interest in real-time remote patient monitoring (RPM) systems is driving the growth of artificial intelligence in the life sciences market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-life-sciences-global-market-report
The artificial intelligence in life sciences market covered in this report is segmented -
1) By Offering: Software, Hardware, Services
2) By Deployment: On-Premises, Cloud-Based
3) By Application: Drug Discovery, Medical Diagnosis, Biotechnology, Clinical Trails, Precision and Personalized Medicine, Patient Monitoring
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Artificial Intelligence In Life Sciences Market Characteristics
3. Artificial Intelligence In Life Sciences Market Trends And Strategies
4. Artificial Intelligence In Life Sciences Market - Macro Economic Scenario
5. Global Artificial Intelligence In Life Sciences Market Size and Growth
.....
32. Global Artificial Intelligence In Life Sciences Market Competitive Benchmarking
33. Global Artificial Intelligence In Life Sciences Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence In Life Sciences Market
35. Artificial Intelligence In Life Sciences Market Future Outlook and Potential Analysis
36. Appendix
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