Artificial Intelligence (AI) in Precision Medicine Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The 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.
Asthma & chronic obstructive pulmonary disease (COPD) are most in the world responsible for high mortality rates. Ultimately, the need for AI in assessing the role of abnormally expressed genes & identifying potential novel targets for life-changing precision medicines has been greater than before. As a result, the Market has been experiencing positive growth trends. For instance, in 2023 COPD remained the 3rd leading cause of death worldwide as the WHO reported.
Markntel Advisor’s Artificial Intelligence (AI) in Precision Medicine Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Artificial Intelligence (AI) in Precision Medicine Market drivers, barriers, Artificial Intelligence (AI) in Precision Medicine Market Trends, and Key Players in Artificial Intelligence (AI) in Precision Medicine Market.
Get Free Sample Report as previous we are using: https://www.marknteladvisors.com/query/request-sample/global-artificial-intelligence-in-precision-medicine-market.html
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Artificial Intelligence (AI) in Precision Medicine Market Dynamics: 2024-2030
Artificial Intelligence (AI) in Precision Medicine Market 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.
Browse Full Report with Detail Analysis – https://www.marknteladvisors.com/research-library/global-artificial-intelligence-in-precision-medicine-market.html
Artificial Intelligence (AI) in Precision Medicine Market (2024-30): Segmentation Outlook
The market report has segmented the market 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
- 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
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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.
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
Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
