AI In Precision Medicine Market : Future Industry Scope, Growth Opportunities, and Forecast Through 2024-2031 | IBM Corporation, Microsoft Corporation, AstraZeneca

The AI In Precision Medicine Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach.

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What is the projected growth rate (CAGR) of the Global AI In Precision Medicine market from 2024 to 2031?

AI In Precision Medicine Market is expected to a grow at a High CAGR during the forecast period 2024-2031.

AI in Precision Medicine refers to the use of artificial intelligence to tailor healthcare treatments to individual patients based on genetic, environmental, and lifestyle factors. AI analyzes large datasets to identify patterns, predict disease risks, and personalize treatments for conditions like cancer, cardiovascular disease, and genetic disorders. By improving diagnostic accuracy and treatment efficacy, AI enhances precision medicine, making healthcare more proactive and customized to each patient's unique profile.

Key Developments:

On January 24, 2024, Siemens Healthineers and the Indian Institute of Science (IISc) launched an AI lab focused on precision medicine, aimed at advancing neuroscience research. This joint Computational Data Sciences (CDS) lab will develop open-source AI tools to automate the segmentation of anomalies in neuroimaging, supporting early detection and population-level analysis of neurological diseases.

On May 16, 2023, Google Cloud introduced new AI-powered tools for the life sciences sector, targeting faster drug discovery and precision medicine applications for biotech firms, pharmaceutical companies, and government agencies. These advancements are expected to accelerate drug development, enabling faster patient access to essential therapies like cancer treatments and pain management options.

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.

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

Regional Breakout:

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.

✫ North America (U.S., Canada, Mexico)

✫ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

✫ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

✫ South America (Colombia, Brazil, Argentina, Rest of South America)

✫ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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This Report Unveils:

✔ Go to Market Strategy- A roadmap to successfully product launch or service in the target market.

✔ Gain a clear picture of the market's health and growth trajectory through neutral analysis.

✔ Deep Market Insights delve into development trends, competitor landscape, supply and demand dynamics, brand share & pricing analysis year-over-year growth patterns, and key players' performance.

✔ Upon request, we can provide customized reports focusing on specific regions or countries, offering a granular view of their markets.

✔ Identify high-potential niche segments and regions poised for significant expansion.

✔ Analysis of Market Size (historical and forecast) Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM) to understand the market's overall size and your achievable market share.

✔ Gain a comprehensive understanding of the competitive landscape, including market share distribution, key players (innovators, startups, laggards, and pioneers), and their respective strengths and weaknesses.

**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**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of AI In Precision Medicine manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of AI In Precision Medicine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the AI In Precision Medicine market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the AI In Precision Medicine market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently Asked Questions

☞ What is the expected growth rate of the global AI In Precision Medicine 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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