Home > Healthcare > Healthcare IT > Artificial Intelligence > Artificial Intelligence in Precision Medicine Market

Artificial Intelligence in Precision Medicine Market Trends

  • Report ID: GMI6012
  • Published Date: Jun 2023
  • Report Format: PDF

Artificial Intelligence in Precision Medicine Market Trends

Rising adoption of artificial intelligence in healthcare research areas is expected to be a significant growth factor for the market. Researchers and healthcare professionals are increasingly recognizing the potential of AI in revolutionizing the way diseases are understood, diagnosed, and treated, thereby fostering the market revenue. Moreover, AI technologies such as machine learning and deep learning are being utilized to analyse vast amounts of medical data and identify patterns, correlations, and insights that can drive precision medicine approaches. This adoption of AI in research areas enables faster and more accurate data analysis, leading to advancements in disease understanding, drug discovery, and personalized treatment development.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

AI in precision medicine market size reached USD 1.2 billion in 2022 and will amass USD 17.1 billion by 2032 driven by the rising R&D investments and the surging need for personalized medications

The software component segment held 53.4% of the artificial intelligence in precision medicine industry share in 2022 due to higher adoption of AI-based software solutions by healthcare institutions, payers, patients, and providers

AI in precision medicine market size from oncology applications may record USD 5.7 billion by end of 2032 owing to the rising prevalence of cancer cases and the increasing complexity of genomic data

North America recorded 51.9% of the artificial intelligence in precision medicine industry share in 2022 due to the growing frequency of cancer, cardiovascular conditions, and respiratory disorders

Artificial Intelligence (AI) in Precision Medicine Market Scope

Buy Now


Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 213
  • Countries covered: 21
  • Pages: 120
 Download Free Sample