In-Depth Artificial Intelligence (AI) in Precision Medicine Market Analysis: Growth Trends, Size, and Demand from 2024 t

In-Depth Artificial Intelligence (AI) in Precision Medicine Market Analysis: Growth Trends, Size, and Demand from 2024 to 2030

By litobiv 22 Jan 2025

Markntel Advisors’ report, Artificial Intelligence (AI) in Precision Medicine Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Artificial Intelligence (AI) in Precision Medicine presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Artificial Intelligence (AI) in Precision Medicine Market Industry Research Report Market Summary:

The Global Artificial Intelligence (AI) in Precision Medicine Market size was valued at USD 1.7 billion in 2023 and is projected to reach USD 14.5 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 27% during the forecast period, i.e., 2024-30.

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Artificial Intelligence (AI) in Precision Medicine Market Dynamics:

Key Driver-

High Rates of Different Cancers to Impact the Market Positively – Throughout the world, there have been high rates of various cancers including breast stomach. However, the currently available treatments like chemotherapy, radiation therapy, and others have not been very effective for every patient while some had negative consequences on the health of patients. There has been continuous research development for therapies specifically tailored according to patient’s characteristics, and prove to be more effective compared to conventional treatments with minimal cost and no side effects.

Subsequently, Artificial intelligence (AI) in precision medicine has accelerated the analysis of vast amounts of genomic or proteomic data rapidly, identifying disease targets, and rapid discovery and development of drugs thereby expanding the market size for AI in Precision Medicine. For instance,

The World Health Organization (WHO) reported about 20 million new cases of cancer globally in 2022 and also expects that the cases will eventually increase to around 32.6 million by 2045.

Artificial Intelligence (AI) in Precision Medicine Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Component

Hardware- Market Size Forecast 2019-2030, USD Million
Software- Market Size Forecast 2019-2030, USD Million
Services- Market Size Forecast 2019-2030, USD Million

Out of them, the software category held a considerable market share of the Global Artificial Intelligence (AI) in the Precision Medicine Market during 2019-2023.

By Technology

Deep Learning- Market Size Forecast 2019-2030, USD Million
Machine Learning- Market Size Forecast 2019-2030, USD Million
Querying Method- Market Size Forecast 2019-2030, USD Million
Natural Language Processing- Market Size Forecast 2019-2030, USD Million
Context-Aware Processing- Market Size Forecast 2019-2030, USD Million

By Therapeutic Application

Oncology- Market Size Forecast 2019-2030, USD Million
Neurosciences- Market Size Forecast 2019-2030, USD Million
Cardiology- Market Size Forecast 2019-2030, USD Million
Hematological Diseases- Market Size Forecast 2019-2030, USD Million
Autoimmune Diseases- Market Size Forecast 2019-2030, USD Million
Others (Respiratory, Kidney Diseases, etc.)- Market Size Forecast 2019-2030, USD Million

Out of all, the cardiology category expects to grow with a considerable market share of Global AI in Precision Medicine Market.

By Region

North America
South America
Europe
The Middle East Africa
Asia-Pacific.

North America expects to hold a prominent market share of Global Artificial Intelligence (AI) in Precision Medicine Market, among all regions. In the region, over the years, there have been a significant number of patients with various cancers including breast lung.

As indicated in the latest market research report published by Markntel Advisors, “Artificial Intelligence (AI) in Precision Medicine Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Artificial Intelligence (AI) in Precision Medicine. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/global-artificial-intelligence-in-precision-medicine-market.html

Top Companies Operating in the Artificial Intelligence (AI) in Precision Medicine Market:

Tempus
Intel Corporation
Zephyr AI
IBM
NVIDIA Corporation
Intuz
Google LLC
Persistent Systems
Owkin, Inc.
GE Healthcare
Insilico Medicine
Atomwise
BioXcel Therapeutics
Sanofi
Others.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

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Other Report:

Key Report Highlights:

Market Dimensions Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Frequently Asked Questions (FAQs)-

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