The Artificial Intelligence (AI) In Precision Medicine Global Market Report 2023, provides comprehensive information on the artificial intelligence (ai) in precision medicine market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Artificial Intelligence (AI) In Precision Medicine Market’s Growth:
The global artificial intelligence (AI) in precision medicine market is expected to grow from $1.41 billion in 2022 to $1.82 billion in 2023 at a compound annual growth rate (CAGR) of 29.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The artificial intelligence (AI) in the precision medicine market is expected to reach $5.22 billion in 2027, at a CAGR of 30.1%.
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The development of novel artificial intelligence (AI)-based life sciences solutions is a key trend gaining popularity in artificial intelligence in the precision medicine market. Major companies in the artificial intelligence in precision medicine market have made various advancements in big data analytics to sustain their position in the market. For instance, in May 2023, Google LLC, a US-based technology corporation, introduced a novel artificial intelligence (AI)-based life sciences solution to speed up drug discovery and precision medicine. The target and lead identification suite, an initiative that boosts the effectiveness of in silico drug development, was developed to help research teams predict protein structure and, more precisely, determine the function of amino acids.
The artificial intelligence (ai) in precision medicine market 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
North America was the largest region in the artificial intelligence (ai) in precision medicine market in 2022.
The table of contents in TBRC’s artificial intelligence (ai) in precision medicine market report includes:
1. Executive Summary
2. Artificial Intelligence (AI) in Precision Medicine Market Characteristics
3. Artificial Intelligence (AI) in Precision Medicine Market Trends And Strategies
4. Artificial Intelligence (AI) in Precision Medicine Market - Macro Economic Scenario
5. Global Artificial Intelligence (AI) in Precision Medicine Market Size and Growth
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32. Global Artificial Intelligence (AI) in Precision Medicine Market Competitive Benchmarking
33. Global Artificial Intelligence (AI) in Precision Medicine Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence (AI) in Precision Medicine Market
35. Artificial Intelligence (AI) in Precision Medicine Market Future Outlook and Potential Analysis
36. Appendix
Top Major Players:
Alphabet Inc.
Microsoft Corporation
Intel Corporation
International Business Machines Corporation
AstraZeneca PLC
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The global Artificial Intelligence in Medicine Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the artificial intelligence in medicine market include Welltok, Inc., Intel Corporation, Nvidia Corporation, Google Inc., IBM Corporation, Microsoft Corporation, General Vision, Inc., Enlitic, Inc., BioXcel Corporation, and Berg Health..
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Artificial Intelligence in Medicine Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/artificial-intelligence-in-medicine-market/download-sampleMarket DynamicsThe market is mainly driven by the rapidly rising adoption of cloud computing techniques that have promoted artificial intelligence solutions for mining large amounts of data to identify mistakes in the present scenarios and offer alternative solutions in complex situations.
In addition, the lack of skilled healthcare workers and an increase in the processing power of AI systems are projected to help improve the efficiency of drug discovery and management of clinical trials.
Further, the growth in importance of precision medicine and raising funding for the R activities of the use of AI in the medicine field are estimated to boost the growth of the market.
