Robust Growth Ahead: Artificial Intelligence (AI) in Precision Medicine Market Expected to Reach 27% CAGR by 2030

A Quick Overview of Artificial Intelligence (AI) in Precision Medicine Market

The key object of this report on the Artificial Intelligence (AI) in Precision Medicine Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.

MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the Artificial Intelligence (AI) in Precision Medicine Market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.

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Artificial Intelligence (AI) in Precision Medicine Market Scenario:

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.

Artificial Intelligence (AI) in Precision Medicine Market - Industry Dynamics, Size, And Opportunity Forecast To 2030:

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.

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

Artificial Intelligence (AI) in Precision Medicine Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided 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.

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Who are the Key Market Players in the Artificial Intelligence (AI) in Precision Medicine Market?

In the fast-changing Artificial Intelligence (AI) in Precision Medicine Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top companies of the Artificial Intelligence (AI) in Precision Medicine market ruling the industry are:

List of Key Companies Profiled:

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

Global Artificial Intelligence (AI) in Precision Medicine Recent Development:

2024: Zephyr AI raised funding of USD111 million to advance its to advance its artificial intelligence (AI) platform for precision medicine.

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