AI in Precision Medicine Market Growth, Size, Trends, Shares, By Top Players, with Forecast 2031 | AstraZeneca, Sanofi, GE Healthcare, among Others

The latest report on AI in Precision Medicine Market offers valuable insights into emerging trends and pivotal developments within the market. It highlights significant growth opportunities that market participants can leverage, alongside strategic recommendations for capitalizing on these trends. This report serves as an indispensable tool for stakeholders seeking to deepen their understanding of the market landscape and identify actionable pathways for growth. By utilizing this in-depth analysis, stakeholders will gain the insights necessary to effectively adapt to shifting market conditions and strengthen their competitive position.

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Global AI in precision medicine market is anticipated to reach a substantial value by 2031, growing at a significant compound annual growth rate (CAGR) during the forecast period from 2024 to 2031.

AI in precision medicine refers to the use of artificial intelligence technologies to tailor medical treatments and interventions to individual patients based on their unique characteristics, such as genetic makeup, lifestyle, and environmental factors.

Key Developments:

❁ In January 2024, Siemens Healthineers and IISc launched AI in precision medicine lab to transform neuroscience research. With this collaboration detecting neurological illnesses and examining their clinical impact at the population level, the Computational Data Sciences (CDS) joint laboratory would create open-source AI-based tools to precisely automate the division of abnormal results in neuroimaging data.

❁ In May 2023, Google Cloud has launched new AI-powered solutions in the life sciences sector. In order to improve drug development and precision medicine for biotechnology businesses, pharmaceutical corporations, and government organizations. By accelerating the search for new therapies and facilitating the release of medications more quickly, these state-of-the-art developments hope to completely transform the industry. This faster time-to-market can have a very positive effect on patients' lives when they are waiting for that life-saving cancer treatment or that migraine medication that would improve their quality of life.

List of the Key Players in the AI in Precision Medicine Market:

IBM Corporation, Microsoft Corporation, AstraZeneca, Sanofi, GE Healthcare, Intel Corporation, NVIDIA Corporation, Alphabet Inc, BioXcel Therapeutics Inc, Enlitic Inc & others.

Research Process:

Both primary and secondary data sources have been used in the global AI in Precision Medicine Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the AI in Precision Medicine Market:

By Technology (Deep Learning, Querying Method, Natural Language Processing, Context Aware Processing)
By Component (Hardware, Software, Services)
By Application (Oncology, Cardiology, Neurology, Respiratory, Others)

Regional Analysis:

The global AI in Precision Medicine Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global AI in Precision Medicine Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The AI in Precision Medicine Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Points Covered:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, AI in Precision Medicine market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global AI in Precision Medicine Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global AI in Precision Medicine market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the AI in Precision Medicine Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently Asked Questions

● What is the expected growth rate of the global market for the forecast period?

● What are the key driving factors that are responsible to shape the fate of the AI in Precision Medicine market during the forecast period?

● What will be the overall size of the market during the analysis period?

● What are the prominent market trends which influence the development of the AI in Precision Medicine market across various regions?

● Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

● What are the challenges and threats that are likely to act as a barrier to the growth of the AI in Precision Medicine market?

● What are the major opportunities that the companies can get to attain success in the world?

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