Press release
Surge In Ai Adoption Catalyzing Growth In Ai In Life Science Analytics Market: An Emerging Driver Transforming The AI In Life Science Analytics Market Landscape
AI In Life Science Analytics
What Is the Projected Growth of the AI In Life Science Analytics Market?
In recent years, the market size of AI in life science analytics has seen a significant growth. The market is predicted to expand from $2.27 billion in 2024 to $2.65 billion in 2025, indicating a compound annual growth rate (CAGR) of 16.7%. Factors propelling this growth during the historic period include an increase in research and development funding, changes in regulations, challenges in drug discovery, the digitization of healthcare, and the focus on patient-centric care.
Predictions indicate a surge in the AI in life science analytics market in the coming years. The market size is projected to rise to $5.34 billion by 2029, with a compound annual growth rate (CAGR) of 19.1%. Factors contributing to this predicted growth during the forecast period include opportunities for drug repurposing, the adoption of real-world evidence, advancements in genomics, the implementation of value-based care models, and the broadening of telemedicine. Notable forecast period trends include the incorporation of augmented reality (AR) into healthcare, the analysis of digital biomarkers, the development of continuous learning algorithms, remote patient monitoring, and the individualization of medicine.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9850
What Are the Different AI In Life Science Analytics Market Segments?
The AI in life science analytics market covered in this report is segmented -
1) By Component: Software, Hardware, Services
2) By Deployment: On-Premise, Cloud
3) By Application: Research And Development, Sales And marketing Support, Supply Chain Analytics, Other Applications
4) By End-User: Medical Devices, Pharmaceutical, Biotechnology, Other End Users
Subsegments:
1) By Software: Data Analysis Software, Predictive Analytics Tools, Machine Learning Platforms, Visualization Software, Clinical Trial Management Software
2) By Hardware: Servers, Storage Solutions, Workstations, Networking Equipment
3) By Services: Consulting Services, Integration Services, Support And Maintenance, Data Management Services, Training Services
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9850&type=smp
What Are the Primary Drivers Shaping the AI In Life Science Analytics Market?
The rise in the use of AI is set to boost the expansion of AI in the life science analytics market in the future. Artificial intelligence (AI) is characterized as a discipline that merges data sets and computer sciences to facilitate problem-solving. It includes machine learning and deep learning techniques, often associated with artificial intelligence. AI is applied in different areas within life science analytics such as drug discovery, clinical trials, diagnosis in medicine, patient observation, and tailored medication. For example, in 2022, International Business Machines Corporation, a technology enterprise based in the US, reported that 35% of organizations worldwide are presently utilizing AI, and 42% are aiming to incorporate AI into their operations and applications. Consequently, the surge in AI utilization is propelling the growth of AI in the life science analytics market.
Which Companies Are Leading in the AI In Life Science Analytics Market?
Major companies operating in the AI in life science analytics market include Indegene Limited, International Business Machines Corporation, IQVIA Holdings Inc., Lexalytics Inc., Databricks Inc., SAS Institute Inc., Sisense Inc., Sorcero Atomwise Inc., Microsoft Corporation, NVIDIA Corporation, Oracle Corporation, NuMedii Inc., Enlitic Inc., Apixio Inc., AiCure LLC, Google LLC, Amazon Web Services Inc., accenture*, Cognitivescale, CloudMinds, Ayasdi, BioSymetrics, Cloud Pharmaceuticals, Cyrcadia Health, Freenome, GNS Healthcare, Insilico Medicine, MedWhat, PathAI, Recursion Pharmaceuticals, Sophia Genetics, Veracyte Inc.
What Are the Major Trends Shaping the AI In Life Science Analytics Market?
The primary trend making waves in the AI within life science analytics market is the progression of technology. Major industry players are embracing innovative technologies to maintain their market dominance. For example, in October 2023, BioLizard, a biotech company from Belgium, unveiled the AI-powered BioVerse platform to incentivize data-powered research and development within the worldwide life sciences industry. The platform offers bespoke, user-friendly software solutions aimed at producing data-based outcomes, made specifically for scientists in the biotech and pharma sector, irrespective of their IT proficiency. The platform unites three applications: Bio|Reflect, to deliver global overviews of publications for unbiased literature searches, Pro|Biome for implementing data analytics in microbiome analysis, and Bio|Mx, which utilizes AI for assimilating and analyzing multi-omics datasets. The primary objective of BioVerse is to enable data-driven discovery and streamline preclinical, translational, and clinical R&D processes in the life sciences sector through the application of AI-based solutions. The launch emphasizes BioLizard's dedication towards supplying AI-enabled solutions that back data-based discovery and preclinical, translational, and clinical R&D operations in the life sciences domain.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/ai-in-life-science-analytics-global-market-report
What Are the Top Revenue-Generating Geographies in the AI In Life Science Analytics Market?
North America was the largest region in the AI in life science analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the AI in life science analytics market report during the forecast period. The regions covered in the AI in life science analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the AI In Life Science Analytics Market?
2. What is the CAGR expected in the AI In Life Science Analytics Market?
3. What Are the Key Innovations Transforming the AI In Life Science Analytics Industry?
4. Which Region Is Leading the AI In Life Science Analytics Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Surge In Ai Adoption Catalyzing Growth In Ai In Life Science Analytics Market: An Emerging Driver Transforming The AI In Life Science Analytics Market Landscape here
News-ID: 3974977 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Analytics
Insurance Analytics Market Insurance Analytics Market
The global insurance analytics market is projected to grow at a CAGR of around 12% during the forecast period. The market growth is characterized by the presence of key players operating in the market.
In March 2021, Oracle Insurance Policy Administration (OIPA) collaborated with ClearView Wealth Ltd. In this collaboration, ClearView selected OIPA to support its digital transformation journey. This collaboration is a part of broader technology investment by the company…
Global Big Data Analytics in Healthcare Market, by Analytics type (Descriptive A …
Global Big Data Analytics in Healthcare Market was valued at US$ 23.93 million in 2019 and is projected to reach US$ 81.35 million by 2025, at a CAGR of 19.1% during the forecast period. A surge in the demand for analytics solutions for citizen health management, increase in the adoption of cloud analytics among several end users, growing need for business intelligence to optimize health administration & strategy, lack of…
Security Analytics Market Report 2018: Segmentation by Application (Network Secu …
Global Security Analytics market research report provides company profile for Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), Hewlett Packard Enterprise (U.S.), EMC RSA (U.S.), FireEye, Inc. (U.S.), Arbor Networks, Inc. (U.S.), LogRhythm, Inc. (U.S.), Alert Logic (Click Security) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of…
Life Science Analytics Market 2025 Future Forecast by Product Overview - Predict …
The growth of the life science analytics market can be attributed to the increasing prevalence of chronic diseases and growing need for improved data standardization. Moreover, use of analytics in precision & personalized medicine, and increasing focus on improving patient outcomes also likely to add new opportunities for the global life science analytics market over the forecast period.
Life Science Analytics Market to 2025 - Global Analysis and Forecasts by Type…
Predictive Analytics Market Report 2018: Segmentation by Type (Services, Solutio …
Global Predictive Analytics market research report provides company profile for Alteryx, Inc. (US), AgilOne (US), Angoss Software Corporation (Canada), Domino Data Lab (US), Dataiku (US), Exago, Inc. (US), Fair Isaac Corporation (FICO) (US), GoodData Corporation (US) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Global Analytics Service Market by Type: Predictive analytics, Prescriptive anal …
Learning Objective
• To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Analytics as a service Market.
• To provide insights about factors affecting the market growth.
• To Analyze the Analytics as a service Market based on various factors- porters five force analysis, mega trend analysis, macroeconomic indicators etc.
• To provide historical and forecast revenue of the…
