Abstract
Summary
The global Artificial Intelligence (AI) in Precision Medicine market size is projected to grow from US$ 1756 million in 2022 to US$ 5774.5 million in 2029; it is expected to grow at a CAGR of 18.5% from 2023 to 2029.
United States market for Artificial Intelligence (AI) in Precision Medicine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Artificial Intelligence (AI) in Precision Medicine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Artificial Intelligence (AI) in Precision Medicine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Artificial Intelligence (AI) in Precision Medicine players cover Atomwise Inc, Alphabet Inc., AstraZeneca, BioXcel Therapeutics Inc., Berg LLC, Enlitic Inc., GE Healthcare, Insilico Medicine and Intel Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
Targeting the appropriate medications to the appropriate patients at the appropriate times is the aim of precision medicine. Precision medicine has already produced significant new findings and FDA-approved therapies that are tailored to a person’s unique traits, such as their genetic makeup or the genetic profile of their tumor. Molecular testing is frequently administered to patients with different types of cancer as part of patient care, allowing medical professionals to choose therapies that raise survival rates and lower the risk of side effects.
LPI (LP Information)' newest research report, the “Artificial Intelligence (AI) in Precision Medicine Industry Forecast” looks at past sales and reviews total world Artificial Intelligence (AI) in Precision Medicine sales in 2022, providing a comprehensive analysis by region and market sector of projected Artificial Intelligence (AI) in Precision Medicine sales for 2023 through 2029. With Artificial Intelligence (AI) in Precision Medicine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Artificial Intelligence (AI) in Precision Medicine industry.
This Insight Report provides a comprehensive analysis of the global Artificial Intelligence (AI) in Precision Medicine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Artificial Intelligence (AI) in Precision Medicine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Artificial Intelligence (AI) in Precision Medicine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Artificial Intelligence (AI) in Precision Medicine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Artificial Intelligence (AI) in Precision Medicine.
This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Intelligence (AI) in Precision Medicine market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Hardware
Software and Service
Segmentation by application
Oncology
Neurology
Cardiology
Respiratory
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Atomwise Inc
Alphabet Inc.
AstraZeneca
BioXcel Therapeutics Inc.
Berg LLC
Enlitic Inc.
GE Healthcare
Insilico Medicine
Intel Corporation
IQVIA
IBM Corporation
Modernizing Medicine Inc.
NVIDIA Corporation
Microsoft Corporation
Novo Nordisk A/S
Sanofi
Sensely Inc.
Tempus
Zephyr AI
United States market for Artificial Intelligence (AI) in Precision Medicine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Artificial Intelligence (AI) in Precision Medicine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Artificial Intelligence (AI) in Precision Medicine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Artificial Intelligence (AI) in Precision Medicine players cover Atomwise Inc, Alphabet Inc., AstraZeneca, BioXcel Therapeutics Inc., Berg LLC, Enlitic Inc., GE Healthcare, Insilico Medicine and Intel Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
Targeting the appropriate medications to the appropriate patients at the appropriate times is the aim of precision medicine. Precision medicine has already produced significant new findings and FDA-approved therapies that are tailored to a person’s unique traits, such as their genetic makeup or the genetic profile of their tumor. Molecular testing is frequently administered to patients with different types of cancer as part of patient care, allowing medical professionals to choose therapies that raise survival rates and lower the risk of side effects.
LPI (LP Information)' newest research report, the “Artificial Intelligence (AI) in Precision Medicine Industry Forecast” looks at past sales and reviews total world Artificial Intelligence (AI) in Precision Medicine sales in 2022, providing a comprehensive analysis by region and market sector of projected Artificial Intelligence (AI) in Precision Medicine sales for 2023 through 2029. With Artificial Intelligence (AI) in Precision Medicine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Artificial Intelligence (AI) in Precision Medicine industry.
This Insight Report provides a comprehensive analysis of the global Artificial Intelligence (AI) in Precision Medicine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Artificial Intelligence (AI) in Precision Medicine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Artificial Intelligence (AI) in Precision Medicine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Artificial Intelligence (AI) in Precision Medicine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Artificial Intelligence (AI) in Precision Medicine.
This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Intelligence (AI) in Precision Medicine market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Hardware
Software and Service
Segmentation by application
Oncology
Neurology
Cardiology
Respiratory
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Atomwise Inc
Alphabet Inc.
AstraZeneca
BioXcel Therapeutics Inc.
Berg LLC
Enlitic Inc.
GE Healthcare
Insilico Medicine
Intel Corporation
IQVIA
IBM Corporation
Modernizing Medicine Inc.
NVIDIA Corporation
Microsoft Corporation
Novo Nordisk A/S
Sanofi
Sensely Inc.
Tempus
Zephyr AI
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Artificial Intelligence (AI) in Precision Medicine Market Size 2018-2029
2.1.2 Artificial Intelligence (AI) in Precision Medicine Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Artificial Intelligence (AI) in Precision Medicine Segment by Type
2.2.1 Hardware
2.2.2 Software and Service
2.3 Artificial Intelligence (AI) in Precision Medicine Market Size by Type
2.3.1 Artificial Intelligence (AI) in Precision Medicine Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Artificial Intelligence (AI) in Precision Medicine Market Size Market Share by Type (2018-2023)
2.4 Artificial Intelligence (AI) in Precision Medicine Segment by Application
2.4.1 Oncology
2.4.2 Neurology
2.4.3 Cardiology
2.4.4 Respiratory
2.4.5 Others
2.5 Artificial Intelligence (AI) in Precision Medicine Market Size by Application
2.5.1 Artificial Intelligence (AI) in Precision Medicine Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Artificial Intelligence (AI) in Precision Medicine Market Size Market Share by Application (2018-2023)
3 Artificial Intelligence (AI) in Precision Medicine Market Size by Player
3.1 Artificial Intelligence (AI) in Precision Medicine Market Size Market Share by Players
3.1.1 Global Artificial Intelligence (AI) in Precision Medicine Revenue by Players (2018-2023)
3.1.2 Global Artificial Intelligence (AI) in Precision Medicine Revenue Market Share by Players (2018-2023)
3.2 Global Artificial Intelligence (AI) in Precision Medicine Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Artificial Intelligence (AI) in Precision Medicine by Regions
4.1 Artificial Intelligence (AI) in Precision Medicine Market Size by Regions (2018-2023)
4.2 Americas Artificial Intelligence (AI) in Precision Medicine Market Size Growth (2018-2023)
4.3 APAC Artificial Intelligence (AI) in Precision Medicine Market Size Growth (2018-2023)
4.4 Europe Artificial Intelligence (AI) in Precision Medicine Market Size Growth (2018-2023)
4.5 Middle East & Africa Artificial Intelligence (AI) in Precision Medicine Market Size Growth (2018-2023)
5 Americas
5.1 Americas Artificial Intelligence (AI) in Precision Medicine Market Size by Country (2018-2023)
5.2 Americas Artificial Intelligence (AI) in Precision Medicine Market Size by Type (2018-2023)
5.3 Americas Artificial Intelligence (AI) in Precision Medicine Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Artificial Intelligence (AI) in Precision Medicine Market Size by Region (2018-2023)
6.2 APAC Artificial Intelligence (AI) in Precision Medicine Market Size by Type (2018-2023)
6.3 APAC Artificial Intelligence (AI) in Precision Medicine Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Artificial Intelligence (AI) in Precision Medicine by Country (2018-2023)
7.2 Europe Artificial Intelligence (AI) in Precision Medicine Market Size by Type (2018-2023)
7.3 Europe Artificial Intelligence (AI) in Precision Medicine Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Artificial Intelligence (AI) in Precision Medicine by Region (2018-2023)
8.2 Middle East & Africa Artificial Intelligence (AI) in Precision Medicine Market Size by Type (2018-2023)
8.3 Middle East & Africa Artificial Intelligence (AI) in Precision Medicine Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.1 Global Artificial Intelligence (AI) in Precision Medicine Forecast by Regions (2024-2029)
10.1.1 Global Artificial Intelligence (AI) in Precision Medicine Forecast by Regions (2024-2029)
10.1.2 Americas Artificial Intelligence (AI) in Precision Medicine Forecast
10.1.3 APAC Artificial Intelligence (AI) in Precision Medicine Forecast
10.1.4 Europe Artificial Intelligence (AI) in Precision Medicine Forecast
10.1.5 Middle East & Africa Artificial Intelligence (AI) in Precision Medicine Forecast
10.2 Americas Artificial Intelligence (AI) in Precision Medicine Forecast by Country (2024-2029)
10.2.1 United States Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.2.2 Canada Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.2.3 Mexico Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.2.4 Brazil Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.3 APAC Artificial Intelligence (AI) in Precision Medicine Forecast by Region (2024-2029)
10.3.1 China Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.3.2 Japan Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.3.3 Korea Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.3.4 Southeast Asia Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.3.5 India Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.3.6 Australia Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.4 Europe Artificial Intelligence (AI) in Precision Medicine Forecast by Country (2024-2029)
10.4.1 Germany Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.4.2 France Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.4.3 UK Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.4.4 Italy Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.4.5 Russia Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.5 Middle East & Africa Artificial Intelligence (AI) in Precision Medicine Forecast by Region (2024-2029)
10.5.1 Egypt Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.5.2 South Africa Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.5.3 Israel Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.5.4 Turkey Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.5.5 GCC Countries Artificial Intelligence (AI) in Precision Medicine Market Forecast
10.6 Global Artificial Intelligence (AI) in Precision Medicine Forecast by Type (2024-2029)
10.7 Global Artificial Intelligence (AI) in Precision Medicine Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 Atomwise Inc
11.1.1 Atomwise Inc Company Information
11.1.2 Atomwise Inc Artificial Intelligence (AI) in Precision Medicine Product Offered
11.1.3 Atomwise Inc Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 Atomwise Inc Main Business Overview
11.1.5 Atomwise Inc Latest Developments
11.2 Alphabet Inc.
11.2.1 Alphabet Inc. Company Information
11.2.2 Alphabet Inc. Artificial Intelligence (AI) in Precision Medicine Product Offered
11.2.3 Alphabet Inc. Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Alphabet Inc. Main Business Overview
11.2.5 Alphabet Inc. Latest Developments
11.3 AstraZeneca
11.3.1 AstraZeneca Company Information
11.3.2 AstraZeneca Artificial Intelligence (AI) in Precision Medicine Product Offered
11.3.3 AstraZeneca Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 AstraZeneca Main Business Overview
11.3.5 AstraZeneca Latest Developments
11.4 BioXcel Therapeutics Inc.
11.4.1 BioXcel Therapeutics Inc. Company Information
11.4.2 BioXcel Therapeutics Inc. Artificial Intelligence (AI) in Precision Medicine Product Offered
11.4.3 BioXcel Therapeutics Inc. Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 BioXcel Therapeutics Inc. Main Business Overview
11.4.5 BioXcel Therapeutics Inc. Latest Developments
11.5 Berg LLC
11.5.1 Berg LLC Company Information
11.5.2 Berg LLC Artificial Intelligence (AI) in Precision Medicine Product Offered
11.5.3 Berg LLC Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Berg LLC Main Business Overview
11.5.5 Berg LLC Latest Developments
11.6 Enlitic Inc.
11.6.1 Enlitic Inc. Company Information
11.6.2 Enlitic Inc. Artificial Intelligence (AI) in Precision Medicine Product Offered
11.6.3 Enlitic Inc. Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 Enlitic Inc. Main Business Overview
11.6.5 Enlitic Inc. Latest Developments
11.7 GE Healthcare
11.7.1 GE Healthcare Company Information
11.7.2 GE Healthcare Artificial Intelligence (AI) in Precision Medicine Product Offered
11.7.3 GE Healthcare Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 GE Healthcare Main Business Overview
11.7.5 GE Healthcare Latest Developments
11.8 Insilico Medicine
11.8.1 Insilico Medicine Company Information
11.8.2 Insilico Medicine Artificial Intelligence (AI) in Precision Medicine Product Offered
11.8.3 Insilico Medicine Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Insilico Medicine Main Business Overview
11.8.5 Insilico Medicine Latest Developments
11.9 Intel Corporation
11.9.1 Intel Corporation Company Information
11.9.2 Intel Corporation Artificial Intelligence (AI) in Precision Medicine Product Offered
11.9.3 Intel Corporation Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 Intel Corporation Main Business Overview
11.9.5 Intel Corporation Latest Developments
11.10 IQVIA
11.10.1 IQVIA Company Information
11.10.2 IQVIA Artificial Intelligence (AI) in Precision Medicine Product Offered
11.10.3 IQVIA Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 IQVIA Main Business Overview
11.10.5 IQVIA Latest Developments
11.11 IBM Corporation
11.11.1 IBM Corporation Company Information
11.11.2 IBM Corporation Artificial Intelligence (AI) in Precision Medicine Product Offered
11.11.3 IBM Corporation Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.11.4 IBM Corporation Main Business Overview
11.11.5 IBM Corporation Latest Developments
11.12 Modernizing Medicine Inc.
11.12.1 Modernizing Medicine Inc. Company Information
11.12.2 Modernizing Medicine Inc. Artificial Intelligence (AI) in Precision Medicine Product Offered
11.12.3 Modernizing Medicine Inc. Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.12.4 Modernizing Medicine Inc. Main Business Overview
11.12.5 Modernizing Medicine Inc. Latest Developments
11.13 NVIDIA Corporation
11.13.1 NVIDIA Corporation Company Information
11.13.2 NVIDIA Corporation Artificial Intelligence (AI) in Precision Medicine Product Offered
11.13.3 NVIDIA Corporation Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.13.4 NVIDIA Corporation Main Business Overview
11.13.5 NVIDIA Corporation Latest Developments
11.14 Microsoft Corporation
11.14.1 Microsoft Corporation Company Information
11.14.2 Microsoft Corporation Artificial Intelligence (AI) in Precision Medicine Product Offered
11.14.3 Microsoft Corporation Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.14.4 Microsoft Corporation Main Business Overview
11.14.5 Microsoft Corporation Latest Developments
11.15 Novo Nordisk A/S
11.15.1 Novo Nordisk A/S Company Information
11.15.2 Novo Nordisk A/S Artificial Intelligence (AI) in Precision Medicine Product Offered
11.15.3 Novo Nordisk A/S Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.15.4 Novo Nordisk A/S Main Business Overview
11.15.5 Novo Nordisk A/S Latest Developments
11.16 Sanofi
11.16.1 Sanofi Company Information
11.16.2 Sanofi Artificial Intelligence (AI) in Precision Medicine Product Offered
11.16.3 Sanofi Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.16.4 Sanofi Main Business Overview
11.16.5 Sanofi Latest Developments
11.17 Sensely Inc.
11.17.1 Sensely Inc. Company Information
11.17.2 Sensely Inc. Artificial Intelligence (AI) in Precision Medicine Product Offered
11.17.3 Sensely Inc. Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.17.4 Sensely Inc. Main Business Overview
11.17.5 Sensely Inc. Latest Developments
11.18 Tempus
11.18.1 Tempus Company Information
11.18.2 Tempus Artificial Intelligence (AI) in Precision Medicine Product Offered
11.18.3 Tempus Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.18.4 Tempus Main Business Overview
11.18.5 Tempus Latest Developments
11.19 Zephyr AI
11.19.1 Zephyr AI Company Information
11.19.2 Zephyr AI Artificial Intelligence (AI) in Precision Medicine Product Offered
11.19.3 Zephyr AI Artificial Intelligence (AI) in Precision Medicine Revenue, Gross Margin and Market Share (2018-2023)
11.19.4 Zephyr AI Main Business Overview
11.19.5 Zephyr AI Latest Developments
12 Research Findings and Conclusion