Exploring Artificial Intelligence (AI) in Precision Medicine Market Opportunity, Latest Trends, Demand, and Development By 2030- MarkNtel Advisors
According to Markntel Advisors Report, Artificial Intelligence (AI) in Precision Medicine Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Precision
medicine, an emerging form of medicine takes into account individual variations
in genes, proteins, environment, and lifestyle for disease prevention &
treatment. Artificial Intelligence (AI) in precision medicine analyses datasets
to generate insights helpful in the development of novel treatments.
Global Artificial
Intelligence (AI) in Precision Medicine Market Research Report & 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.
Time
Period Captured in the Report:
·
Historical
Years: 2020-2023
·
Base
Years: 2024
·
Forecast
Years: 2025-2030
Who are the Key Players Operating in
the Artificial Intelligence (AI) in Precision Medicine Market?
The top
companies of the Artificial Intelligence (AI) in Precision Medicine Market
ruling the industry are:
Tempus, Intel Corporation, Zephyr AI, IBM,
NVIDIA Corporation, Intuz, Google LLC, Persistent Systems, Owkin, Inc., and
Others
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What is Included in Artificial
Intelligence (AI) in Precision Medicine Market Segmentation?
The Artificial Intelligence (AI) in Precision
Medicine Market explores the industry by emphasizing the growth parameters and
categorizes including geographical segmentation, to offer a comprehensive
understanding of the market dynamic. The
further bifurcations are as follows:
-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
Explore the Complete Artificial Intelligence (AI) in Precision Medicine
Market Analysis Report – https://www.marknteladvisors.com/research-library/global-artificial-intelligence-in-precision-medicine-market.html
Global 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.
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Why Markntel Advisor Report?
MarkNtel Advisors is a leading consulting, data
analytics, and market research firm that provides an extensive range of
strategic reports on diverse industry verticals. We being a qualitative &
quantitative research company, strive to deliver data to a substantial &
varied client base, including multinational corporations, financial
institutions, governments, and individuals, among others.
We have our existence across the market for
many years and have conducted multi-industry research across 80+ countries,
spreading our reach across numerous regions like America, Asia-Pacific, Europe,
the Middle East & Africa, etc., and many countries across the regional
scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil,
and several others.
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