Press release
Meticulous Research® Forecasts Explosive Growth in Global AI in Genomics Market, Projected to Reach $6.22 Billion by 2029
Download Sample Copy Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5345
Driving Forces Behind Market Expansion
The rapid integration of artificial intelligence (AI) in genomics is reshaping the landscape of healthcare, particularly through advancements in drug discovery and diagnostics. Key factors contributing to the market's robust growth include:
• Increased Adoption of AI in Healthcare: AI's application in genomics is enhancing precision medicine and accelerating drug discovery processes.
• Rising Investments: Significant financial investments in genomic research and AI technologies are fueling market expansion.
• Innovation in Machine Learning: The integration of machine learning in personalized medicine is creating new opportunities within the genomics sector.
• Emergence of Start-Ups: Local and regional start-ups specializing in AI and genomics are driving innovation and competition in the market.
Market Segmentation and Future Outlook
The comprehensive study segments the AI in genomics market by offering, delivery mode, functionality, application, end user, and geography. Each segment offers unique insights into the market's trajectory:
• Offerings: In 2022, the software segment is expected to dominate the market. The prevalence of subscription models, licensed software, and software-as-a-service solutions are contributing to the substantial revenue share of this segment. Technological advancements in AI-driven genomics software are further propelling market growth.
• Delivery Modes: The cloud and web-based delivery modes are anticipated to experience the fastest growth. These models offer cost savings, flexibility, automatic updates, and enhanced data security, making them increasingly attractive to pharmaceutical and biopharmaceutical companies.
• Functionalities: Genome sequencing is projected to hold the largest market share in 2022. AI's ability to process and analyze extensive genetic data sets with increased accuracy is driving the demand for advanced sequencing solutions, which play a critical role in identifying disease genes and mutations.
• Applications: The drug discovery and development segment is expected to be the largest contributor to market growth. AI's role in modeling disease heterogeneity, optimizing drug candidates, and identifying therapeutic targets is revolutionizing the drug development process, making it more efficient and cost-effective.
• End Users: Pharmaceutical and biopharmaceutical companies are forecasted to dominate the market. The integration of AI in genomics enables these companies to expedite drug discovery and enhance precision medicine, addressing growing market demands effectively.
Geographic Insights
Geographically, North America is predicted to capture the largest share of the AI in genomics market in 2022, with the United States leading the region. The region's substantial investment in genomics and AI technologies, coupled with increasing adoption of precision medicine solutions, underscores its dominant position. Europe and Asia-Pacific are also expected to show significant growth, driven by rising investments and technological advancements.
Key Players
The key players operating in the global AI in genomics market are Microsoft Corporation (U.S.), NVIDIA Corporation (U.S.), Deep Genomics Incorporated (Canada), Fabric Genomics, Inc. (U.S.), Data4Cure, Inc. (U.S.), Predictive Oncology Inc. (U.S.), Emedgene Technologies LTD (U.S.), Congenica Ltd. (U.K.), Tempus Labs, Inc. (U.S.), SOPHiA GENETICS SA (Switzerland), Illumina Inc. (U.S.), and BenevolentAI Limited. (U.K.).
PURCHASE NOW : https://www.meticulousresearch.com/Checkout/40485578
Key questions answered in the report-
• Which are the high-growth market segments in terms of offering, delivery mode, functionality, application, end user, and geography?
• What was the historical market for AI in genomics across the globe?
• What are the market forecasts and estimates for the period 2022-2029?
• What are the major drivers, restraints, opportunities, and challenges in the global AI in genomics market?
• Who are the major players in the global Artificial Intelligence in genomics market?
• How is the competitive landscape, and who are the market leaders in the global AI in genomics market?
• What are the recent developments in the AI in genomics market?
• What are the different strategies adopted by the major players in the AI in genomics market?
• What are the geographic trends and high growth regions/countries?
BROWSE IN DEPTH : https://www.meticulousresearch.com/product/ai-in-genomics-market-5345
RELATED REPORTS :
1. Artificial Intelligence in Drug Discovery Market : https://www.meticulousresearch.com/product/artificial-intelligence-in-drug-discovery-market-5429
2. Genomics Market : https://www.meticulousresearch.com/product/genomics-market-1262
3. Artificial Intelligence in Medical Diagnostics Market : https://www.meticulousresearch.com/product/artificial-intelligence-in-medical-diagnostics-market-5312
4. Molecular Cytogenetics Market : https://www.meticulousresearch.com/product/molecular-cytogenetics-market-3067
5. Spatial Genomics Market : https://www.meticulousresearch.com/product/spatial-genomics-market-5763
TRENDING ARTICLES :
https://www.linkedin.com/pulse/dental-imaging-market-expected-reach-512-billion-2031-dk10f/
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email-
sales@meticulousresearch.com
Visit Our Website:
https://www.meticulousresearch.com/
Connect with us on LinkedIn-
https://www.linkedin.com/company/meticulous-research
About the company:
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
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 Meticulous Research® Forecasts Explosive Growth in Global AI in Genomics Market, Projected to Reach $6.22 Billion by 2029 here
News-ID: 3640763 • Views: …
More Releases from Meticulous Research®
RWE Solutions Market to Reach $6.37 Billion by 2031, Growing at 11.7% CAGR
Meticulous Research®-a leading global market research company, published a research report titled,'Real-world Evidence Solutions Market Size, Share, Forecast, & Trends Analysis by Component (Datasets [Clinical, Claims, Pharmacy], Services) Application (Market Access, Drug Development & Approvals, PMS) End User - Global Forecast to 2031'.
The global RWE solutions market was valued at $2.62 billion in 2023. This market is expected to reach $6.37 billion by 2031 from an estimated $2.94 billion in…
Global Corrugated Packaging Market to Hit $206.3 Billion by 2032, Growing at 4.4 …
Meticulous Research®-a leading global market research company, published a research report titled, 'Corrugated Packaging Market by Type (Single Wall, Double Wall, Triple Wall), Packaging Type (Slotted, Telescope, Fold Type & Tray), End Use Industry (Food & Beverages, Consumer Products, Pharmaceutical), and Geography - Global Forecast to 2032.'
According to this latest publication from Meticulous Research®, the global corrugated packaging market is projected to reach $206.3 billion by 2032, at a CAGR…
Regenerative Agriculture Market - Global Opportunity Analysis and Industry Forec …
As the global agricultural sector faces mounting pressure from climate change, soil degradation, and biodiversity loss, regenerative agriculture is emerging as a transformative solution. Unlike conventional farming, regenerative agriculture goes beyond sustainability-it aims to restore ecosystems, improve soil health, and increase biodiversity while also providing economic resilience to farmers. From multinational agribusinesses to smallholder farms, stakeholders are turning to regenerative practices to future-proof food systems.
According to industry estimates, the global…
Organic Farming Market - Global Opportunity Analysis and Industry Forecast (2025 …
Organic farming is no longer just a trend-it's becoming a critical part of the global food production system. With growing concerns about food safety, environmental degradation, and the health impact of chemical-based agriculture, consumers and producers alike are shifting toward sustainable, organic alternatives. As this movement gains momentum, the organic farming market is poised for significant growth over the coming years.
Market Overview
The global organic farming market was valued at approximately…
More Releases for Genomics
Spatial Genomics & Transcriptomics Market to Witness Huge Growth by Key Players: …
The Spatial Genomics & Transcriptomics market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Spatial Genomics & Transcriptomics report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period.
The Spatial Genomics & Transcriptomics research report also provides…
Spatial Genomics and Transcriptomics Market to Witness Huge Growth by Key Player …
This report provides an informative view about the competitive aspect of the global market. It includes detailed picture of the exhibition of a portion of the essential global players working in the Spatial Genomics and Transcriptomics market. The research study also provides historical record with profits predictions and forecasts from 2022 to 2028. Also, the business manufacturing of the notable manufacturers is also emphasized with technical data in the report.
This…
Artificial Intelligence for Genomics and Personalised Medicine Market 2021-28|| …
An artificial neural network can reveal patterns in huge amounts of gene expression data, and discover groups of disease-related genes. Scientists hope that the new method can eventually be applied within precision medicine and individualized treatment.
Similar to diagnosing a disease using a genomic basis, AI can help identify which genes have been affected by harmful mutations so that they can be targeted in gene therapy. DNA repair after editing is…
Artificial Intelligence In Genomics Market have Huge Growth of CAGR 52% By 2021- …
The recent report on the Artificial Intelligence In Genomics market offers a thorough assessment of the business vertical as well as a comprehensive overview of the industry and its key segments. According to the report, the growing technological developments and research advancements are contributing to the market's expansion. The report provides extensive insight into key market elements such as drivers, restraints, challenges, strategic expansions, market size and share, growth prospects,…
AI in Genomics Market Top Manufacturers 2030 Fabric Genomics Inc., Verge Genomic …
Allied Market Research published a latest report titled, “AI in Genomics Market : Global Opportunity Analysis and Industry Forecast 2020-2027’’.
The market report features the factors and top market trends that fuel the growth of the market.
Avail sample report with Industry Insights @
https://www.alliedmarketresearch.com/request-sample/11921
Frontrunners in the AI in Genomics Market:
The report includes the frontrunners in the market including Fabric Genomics Inc., Verge Genomics, Freenome Holdings, Inc., MolecularMatch Inc. These market…
What's Driving the Spatial Genomics Market Growth? 10x Genomics, S2 Genomics, Na …
This Spatial Genomics Market research document is structured with the most excellent and advanced tools of collecting, recording, estimating and analysing market data. A profound knowledge of industrial unanimity, market trends and incredible techniques give client's an upper hand in the ABC industry. Businesses can effectively use the data, statistics, research, and insights about the market included in this Spatial Genomics Market report to make decisions about business strategies and…
