Press release
Artificial Intelligence (AI) in Precision Medicine: A Leading Driver Behind Rising Prevalence Of Chronic Illnesses And Respiratory Disorders Drives The Artificial Intelligence In The Precision Medicine Market Market Expansion in 2025
Artificial Intelligence (AI) in Precision Medicine Market
What Will the Artificial Intelligence (AI) in Precision Medicine Industry Market Size Be by 2025?
The market size of artificial intelligence (AI) in precision medicine has seen an exponential surge in recent years. The market is projected to grow from $2.33 billion in 2024 to $3 billion in 2025, expanding at a compound annual growth rate (CAGR) of 28.9%. Factors attributing to this substantial growth during the historic period include the rise in available healthcare data, an increase in chronic disease incidences, advancements in genomic research, a heightened focus on personalized medicine, and better computational capabilities.
What's the Long-Term Growth Forecast for the Artificial Intelligence (AI) in Precision Medicine Market Size Through 2029?
The market size of artificial intelligence (AI) in precision medicine is projected to witness significant growth in the upcoming years, with an expected value of $9.18 billion in 2029, growing at a compound annual growth rate (CAGR) of 32.2%. The surge in growth during this period is anticipated due to the expanding precision medicine initiatives, a mounting requirement for predictive analytics in healthcare, the development of genomics-based treatments, and a boost in the funding for AI in precision medicine research. Key trends in the forecast period encompass AI-powered biomarker discovery, a rise in the application of natural language processing in healthcare, improved patient stratification via AI, optimization of clinical trials empowered by AI, and tailor-made treatment strategies through AI-driven decision support systems.
View the full report here:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-in-precision-medicine-global-market-report
What Are the Key Growth Drivers Fueling the Artificial Intelligence (AI) in Precision Medicine Market Expansion?
The increasing frequency of chronic ailments and respiratory diseases is anticipated to fuel the development of artificial intelligence in the precision medicine market. Chronic illnesses are long-term medical conditions that necessitate ongoing medical care, while respiratory disorders affect the lungs and airways. Artificial intelligence plays a vital role in precision medicine by diagnosing and predicting the outcomes of patients with respiratory diseases based on clinical data and chest images. It also effectively reduces costs and maximizes the use of resources in the treatment of chronic diseases. For example, in May 2023, the United States-based intergovernmental organization, the United Nations, predicted that chronic diseases like cardiovascular disease, cancer, diabetes, and respiratory diseases would represent 86% of the projected 90 million deaths by 2050. Additionally, the Australian Institute of Health and Welfare, an Australian government agency, reported in June 2024 that the mortality rate linked to chronic conditions rose from 459 deaths per 100,000 individuals in 2021 to 490 deaths per 100,000 individuals in 2022. Thus, the widespread occurrence of chronic illnesses and respiratory conditions is expected to boost the growth of artificial intelligence in the precision medicine market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12572&type=smp
What Are the Key Trends Driving Artificial Intelligence (AI) in Precision Medicine Market Growth?
The emergence of innovative life sciences solutions powered by artificial intelligence (AI) is a top trend in the AI in precision medicine sector. Key players in this market have made substantial strides in big data analytics to maintain their relevance. For example, in May 2023, Google LLC, an American technology firm, launched a breakthrough AI-based life sciences solution aimed at expediting the processes of drug discovery and precision medicine. The Target and Lead Identification Suite, designed to enhance the efficiency of drug development in silico, was created to aid research groups in forecasting protein structure and in determining amino acid functions with increased precision.
How Is the Artificial Intelligence (AI) in Precision Medicine Market Segmented?
The artificial intelligence (AI) in precision medicine market covered in this report is segmented -
1) By Component: Hardware, Software, Service
2) By Technology: Deep Learning, Querying Method, Natural Language Processing, Context Aware Processing
3) By Therapeutic Application: Oncology, Cardiology, Neurology, Respiratory, Other Therapeutic Applications
Subsegments:
1) By Hardware: AI Processors, High-Performance Computing Systems, Diagnostic Devices
2) By Software: AI Algorithms And Models, Data Analytics Platforms, Genomic Analysis Software, Clinical Decision Support Systems
3) By Service: Consulting Services, Integration Services, Maintenance And Support Services, Training And Education Services
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=12572&type=smp
Which Companies Are Leading the Charge in Artificial Intelligence (AI) in Precision Medicine Market Innovation?
Major companies operating in the artificial intelligence (AI) in precision medicine market include Alphabet Inc., Microsoft Corporation, Intel Corporation, International Business Machines Corporation, AstraZeneca PLC, Sanofi S.A., NVIDIA Corporation, GE HealthCare Technologies Inc., Illumina Inc., QIAGEN N.V., Helix Inc., Sema4 Holdings Corp., SOPHiA GENETICS SA, Insilico Medicine, BenevolentAI Limited, Fabric Genomics Inc., Tempus Technologies Inc., Enlitic Inc., PathAI Inc., Genuity Science Inc., BERG LLC, Perthera Inc., Vuno Inc., CureMetrix Inc., AITIA International Inc., Zephyr AI, Freenome Inc., PetaGene Ltd., Suki AI Inc., BioXcel Therapeutics Inc.
Which Regions Are Leading the Global Artificial Intelligence (AI) in Precision Medicine Market in Revenue?
North America was the largest region in the artificial intelligence (AI) in the precision medicine market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) in precision medicine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12572
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
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 Artificial Intelligence (AI) in Precision Medicine: A Leading Driver Behind Rising Prevalence Of Chronic Illnesses And Respiratory Disorders Drives The Artificial Intelligence In The Precision Medicine Market Market Expansion in 2025 here
News-ID: 4097178 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Artificial
Artificial Intelligence or Artificial Soul by Denise White
Author Denise White exposes the subtle societal forces shaping young minds and offers profound wisdom to help children develop resilience against artificial influences.
As artificial intelligence continues to permeate every aspect of modern life, from self-driving cars to virtual assistants, a critical question arises: Are we sacrificing our authenticity and human essence for the sake of technological advancement? In her latest book, Guarding the Child's Imagination , author Denise White sheds…
Artificial Neural Network Software Market: Advancements in Artificial Neural Net …
The Report on "Artificial Neural Network Software Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Market Growth of Artificial Neural Network Software Market: The artificial neural network software market is experiencing robust growth as organizations across various industries increasingly leverage AI-driven solutions to enhance decision-making, automate processes, and gain actionable insights from…
Global Artificial Intelligence Market, Global Artificial Intelligence Industry, …
Major players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA Corporation, Samsung Electronics Co.Ltd, and Micro Strategy Inc.
The Global Artificial Intelligence Market is expected to grow from USD 28.42 billion in 2019 to USD 40.74 billion in 2020 at a compound annual growth rate (CAGR) of 43.39%. The growth is mainly due to the COVID-19 health emergency across the globe that has led to…
Artificial Iris Market - Industry Analysis, Size, Share, Growth, Trends, and For …
The global Artificial Iris Market is anticipated to gain the market worth of US$ 16.28 million by 2025, expanding at a CAGR of 6.39% during the forecast period 2019-2025. The natural pupil controls the amount of light that enters the eye and people with pupil or iris abnormalities may experience glare or haloes in sunlight or bright artificial light. Patients may also feel self-conscious about the appearance of their eyes…
Global Artificial Organs Market Facts, Figures and Analytical Insights, 2018 to …
Artificial Organs Market Introduction
Artificial organ is an engineered device or tissue that is implanted into the human body. These artificial organs replace a natural organ in order to duplicate a specific function so that the patient can return to a normal life. It is a medical device with biochemical or mechanical function such as lung, heart, liver, kidney, or neurosensory organs.
Artificial organs are surgically implanted or are extra…
Artificial Kidney Market Report 2018: Segmentation by Type (Wearable Artificial …
Global Artificial Kidney market research report provides company profile for Medtronic, DaVita, Merit Medical Systems, NIPRO Medical Corporation, Nikkiso, B. Braun Melsungen AG, Kawasumi Laboratories, Fresenius, Baxter, Asahi Kasei Medical, Xcorporeal 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 growth rate, and CAGR for…
