Global AI in Precision Medicine Market is expected to reach at a Significant CAGR during the forecast period 2024-2031.

The AI in Precision Medicine Market focuses on the integration of artificial intelligence technologies to personalize medical treatments based on individual genetic, environmental, and lifestyle factors. AI is used to analyze large datasets, identify biomarkers, and predict patient responses to treatments, enhancing diagnostic accuracy and treatment outcomes. The market is driven by advancements in genomics, growing adoption of AI in healthcare, and the increasing demand for tailored therapies that improve patient care and reduce healthcare costs.

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Key Players:

Profiles of some of the major players in the global AI in Precision Medicine market, which include IBM Corporation, Microsoft Corporation, AstraZeneca, Sanofi, GE Healthcare, Intel Corporation, NVIDIA Corporation, Alphabet Inc, BioXcel Therapeutics Inc, Enlitic Inc & others.

Industry Development:

On January 24, 2024, Siemens Healthineers and the Indian Institute of Science (IISc) launched an AI-driven precision medicine laboratory focused on transforming neuroscience research. The collaboration aims to enhance the detection of neurological illnesses and assess their clinical impact at a population level. The Computational Data Sciences (CDS) joint laboratory will develop open-source AI tools to automate the identification of abnormal results in neuroimaging data, advancing personalized treatments in neuroscience.

On May 16, 2023, Google Cloud introduced new AI-powered solutions for the life sciences sector, aiming to revolutionize drug development and precision medicine. These innovations are designed to support biotechnology companies, pharmaceutical corporations, and government organizations in accelerating the search for new therapies and expediting the release of medications. By shortening time-to-market, these advancements are expected to significantly improve patients' access to life-saving treatments, particularly in areas such as cancer and migraine medications.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global AI in Precision Medicine market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Technology: Deep Learning, Querying Method, Natural Language Processing, Context Aware Processing.

By Component: Hardware, Software, Services.

By Application: Oncology, Cardiology, Neurology, Respiratory.

Regional Break out:

The global AI in Precision Medicine Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

Points Covered:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, AI in Precision Medicine market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global AI in Precision Medicine Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global AI in Precision Medicine market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the AI in Precision Medicine Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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