AI in Precision Medicine Market Outlook 2024-2031: Top Key Players, Emerging Trends, and Growth Opportunities| - IBM Corporation, Microsoft Corporation, AstraZeneca.

The Global AI in precision medicine market reached Significant at a CAGR during the forecast period 2024-2031.

The AI in Precision Medicine market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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AI in Precision Medicine refers to the use of artificial intelligence technologies to analyze large datasets in order to tailor medical treatments to individual patients based on their genetic makeup, lifestyle, and environmental factors. By leveraging machine learning algorithms and data from genomics, proteomics, and clinical outcomes, AI can help predict disease risk, enhance early diagnosis, and optimize treatment plans. This approach enables more personalized, effective, and efficient healthcare, paving the way for advancements in targeted therapies and improved patient outcomes.

Forecast Growth Projected:

The Global AI in Precision Medicine Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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.

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Industry Development:

❁ On January 24, 2024, Siemens Healthineers and IISc launched an AI-driven precision medicine lab to revolutionize neuroscience research. This collaboration aims to detect neurological diseases and assess their clinical impact at the population level. The Computational Data Sciences (CDS) joint laboratory will focus on developing open-source AI tools to automate the identification of abnormal results in neuroimaging data with high precision.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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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

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for AI in Precision Medicine Market:

⇥ 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)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of AI in Precision Medicine market?

➠ Who are the global key manufacturers of the AI in Precision Medicine Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the AI in Precision Medicine market opportunities and threats faced by the vendors in the global AI in Precision Medicine Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the AI in Precision Medicine market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

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