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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