AI In Genomics market in terms of revenue was estimated to be worth $0.5 Billion in 2023 and is poised to reach $2.0 Billion by 2028, growing at a CAGR of 32.3% from 2023 to 2028 according to a latest report published by MarketsandMarkets™. Factors such as need to accelerate processes and timeline and reduce drug development and discovery costs, increasing partnerships and collaborations among players and growing investments in AI in genomics primarily drive the growth of this market. Furthermore, rising adoption of AI in precision medicine, explosion in bioinformatics data and genomic datasets drive market growth.
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AI In Genomics market major players covered in the report, such as:
NVIDIA Corporation (US)
Microsoft Corporation (US)
Google Inc. (US)
Intel Corporation (US)
BenevolentAI (UK)
SOPHiA GENETICS (Switzerland)
Illumina Inc. (US)
Predictive Oncology Inc. (US)
Invitae Corporation (US)
Deep Genomics Inc. (Canada)
Fabric Genomics Inc. (US)
Verge Genomics (US)
Freenome Holdings Inc. (US)
MolecularMatch Inc. (US)
Dante labs (US)
Data4Cure (US)
PrecisionLife Ltd (UK)
Genoox (US)
Lifebit (UK)
FDNA Inc. (US)
DNAnexus (US)
Engine Biosciences (US)
Tempus Labs Inc. (US)
Congenica Ltd (England)
Emedgene Inc. (US)
Seragon Pharmaceuticals Inc. (US)
and Among Others
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This research report categorizes the global artificial intelligence (AI) in genomics market by offering, technology, functionality, application, end user, and region
On the basis of offering, the global artificial intelligence (AI) in genomics market has been segmented as follows:
Software
Services
On the basis of technology, the global artificial intelligence (AI) in genomics market has been segmented as follows:
Machine Learning
Deep Learning
Supervised Learning
Reinforcement Learning
Unsupervised Learning
Other Machine Learning Technologies
Other Technologies
On the basis of functionality, the global artificial intelligence (AI) in genomics market has been segmented as follows:
Genome Sequencing
Gene Editing
Clinical Workflow
Predictive Genetic Testing & Preventive Medicine
On the basis of application, the global artificial intelligence (AI) in genomics market has been segmented as follows:
Diagnostics
Drug Discovery & Development
Precision Medicine
Agriculture & Animal Research
Other Applications
On the basis of end user, the global artificial intelligence (AI) in genomics market has been segmented as follows:
Pharmaceutical & Biotechnology Companies
Hospitals & Healthcare Providers
Research Centers, Academic Institutes, & Government Organizations
Other End Users
On the basis of region, the global artificial intelligence (AI) in genomics market has been segmented as follows:
North America
US
Canada
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
Rest of the World
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The key stakeholders in the AI In Genomics market include:
Artificial intelligence (AI) in genomics solution providers
Platform providers
Technology providers
AI system providers
Medical research and biotechnology companies
Pharmaceutical companies and CROs
Hospitals and clinics
Universities and research organizations
Forums, alliances, and associations
Academic research institutes
Healthcare institutions
Laboratories
Distributors
Venture capitalists
Government organizations
Institutional investors and investment banks
Investors/Shareholders
Consulting companies in the genomics sector
Raw material and component manufacturers
Non-profit organizations (NPOs)
Agri-genomics organizations
Direct-to-consumer genetic companies
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