Artificial Intelligence in Genomics Market Size by Offering (Software and Services), By Technology (Machine Learning and Computer Vision), By Application (Genome Sequencing, Gene Editing and Gene Mapping), By End User (Pharmaceutical Companies and Research Bodies), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The Artificial Intelligence in Genomics Market is expected to be around US$ 2821 million by 2028 at a CAGR of 52% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
52
REPORT DESCRIPTION
The Artificial Intelligence in Genomics Market is expected to be around US$ 2821 million by 2028 at a CAGR of 52% in the given forecast period.
The rising importance of data in genomics for discovering new techniques and producing new drug-discovery mechanisms will bring immense growth prospects for the artificial intelligence in genomics market. The trend of drug-discovery will turn out to be a growth-changer for the artificial intelligence in genomics market. Furthermore, the prevalence of diseases and disorders are at an all-time high. The increasing prevalence of several diseases and disorders among a huge chunk of the global populace has resulted in various discoveries and developments in the drug industry. This aspect will catalyze the demand for artificial intelligence in genomics market. Moreover, the drug discovery is a very expensive and lengthy process, due to which there is a requirement for alternative, is a key factor likely to propel the market growth.
The global Artificial Intelligence in Genomics market is segregated on the basis of Offering as Software and Services. Based on Technology the global Artificial Intelligence in Genomics market is segmented in Machine Learning and Computer Vision. Based on Application the global Artificial Intelligence in Genomics market is segmented in Genome Sequencing, Gene Editing and Gene Mapping.
Based on End User, the global Artificial Intelligence in Genomics market is segmented in Pharmaceutical Companies and Research Bodies.
The global Artificial Intelligence in Genomics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Artificial Intelligence in Genomics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
IBM, Microsoft, NVIDIA Corporation, Deep Genomics, BenevolentAI, Fabric Genomics Inc., Verge Genomics, Freenome Holdings, Inc., MolecularMatch Inc., Cambridge Cancer Genomics, SOPHiA GENETICS, Data4Cure Inc., PrecisionLife Ltd, Genoox Ltd., Engine Biosciences Pte. Ltd, and others are among the major players in the global Artificial Intelligence in Genomics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Artificial Intelligence in Genomics Market has been segmented as below:
Artificial Intelligence in Genomics Market, By Offering
Artificial Intelligence in Genomics Market, By Technology
Artificial Intelligence in Genomics Market, By Application
Artificial Intelligence in Genomics Market, By End User
Artificial Intelligence in Genomics Market, By Region
Artificial Intelligence in Genomics Market, By Company
The report covers:
Report Scope:
The global Artificial Intelligence in Genomics market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Artificial Intelligence in Genomics market share. Major industry players with significant revenue share include IBM, Microsoft, NVIDIA Corporation, Deep Genomics, BenevolentAI, Fabric Genomics Inc., Verge Genomics, Freenome Holdings, Inc., MolecularMatch Inc., Cambridge Cancer Genomics, SOPHiA GENETICS, Data4Cure Inc., PrecisionLife Ltd, Genoox Ltd., Engine Biosciences Pte. Ltd, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter's Five Force Analysis
5. Artificial Intelligence in Genomics Market, By Offering
5.1. Introduction
5.2. Software
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Services
5.3.1. Market Overview
5.3.2. Market Size and Forecast
6. Artificial Intelligence in Genomics Market, By Technology
6.1. Introduction
6.2. Machine Learning
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Computer Vision
6.3.1. Market Overview
6.3.2. Market Size and Forecast
7. Artificial Intelligence in Genomics Market, By Application
7.1. Introduction
7.2. Genome Sequencing
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Gene Editing
7.3.1. Market Overview
7.3.2. Market Size and Forecast
7.4. Gene Mapping
7.4.1. Market Overview
7.4.2. Market Size and Forecast
8. Artificial Intelligence in Genomics Market, By End User
8.1. Introduction
8.2. Pharmaceutical Companies
8.2.1. Market Overview
8.2.2. Market Size and Forecast
8.3. Research Bodies
8.3.1. Market Overview
8.3.2. Market Size and Forecast
9. Artificial Intelligence in Genomics Market, By Geography
9.1. Introduction
9.2. North America
9.2.1. North America Artificial Intelligence in Genomics, By Offering
9.2.2. North America Artificial Intelligence in Genomics, By Technology
9.2.3. North America Artificial Intelligence in Genomics, By Application
9.2.4. North America Artificial Intelligence in Genomics, By End User
9.3. Europe
9.3.1. Europe Artificial Intelligence in Genomics, By Offering
9.3.2. Europe Artificial Intelligence in Genomics, By Technology
9.3.3. Europe Artificial Intelligence in Genomics, By Application
9.3.4. Europe Artificial Intelligence in Genomics, By End User
9.4. Asia-Pacific
9.4.1. Asia-Pacific Artificial Intelligence in Genomics, By Offering
9.4.2. Asia-Pacific Artificial Intelligence in Genomics, By Technology
9.4.3. Asia-Pacific Artificial Intelligence in Genomics, By Application
9.4.4. Asia-Pacific Artificial Intelligence in Genomics, By End User
9.5. Rest of the World
9.5.1. Rest of the World Artificial Intelligence in Genomics, By Offering
9.5.2. Rest of the World Artificial Intelligence in Genomics, By Technology
9.5.3. Rest of the World Artificial Intelligence in Genomics, By Application
9.5.4. Rest of the World Artificial Intelligence in Genomics, By End User
10. Competitive Insights
10.1. Key Insights
10.2. Company Market Share Analysis
10.3. Strategic Outlook
10.3.1. Mergers & Acquisitions
10.3.2. New Product Developments
10.3.3. Portfolio/Production Capacity Expansions
10.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5. Others
11. Company Profiles
11.1. IBM
11.1.1. Company Overview
11.1.2. Product/Service Landscape
11.1.3. Financial Overview
11.1.4. Recent Developments
11.2. Microsoft
11.2.1. Company Overview
11.2.2. Product/Service Landscape
11.2.3. Financial Overview
11.2.4. Recent Developments
11.3. NVIDIA Corporation
11.3.1. Company Overview
11.3.2. Product/Service Landscape
11.3.3. Financial Overview
11.3.4. Recent Developments
11.4. Deep Genomics
11.4.1. Company Overview
11.4.2. Product/Service Landscape
11.4.3. Financial Overview
11.4.4. Recent Developments
11.5. BenevolentAI
11.5.1. Company Overview
11.5.2. Product/Service Landscape
11.5.3. Financial Overview
11.5.4. Recent Developments
11.6. Fabric Genomics Inc.
11.6.1. Company Overview
11.6.2. Product/Service Landscape
11.6.3. Financial Overview
11.6.4. Recent Developments
11.7. Verge Genomics
11.7.1. Company Overview
11.7.2. Product/Service Landscape
11.7.3. Financial Overview
11.7.4. Recent Developments
11.8. Freenome Holdings, Inc.
11.8.1. Company Overview
11.8.2. Product/Service Landscape
11.8.3. Financial Overview
11.8.4. Recent Developments
11.9. MolecularMatch Inc.
11.9.1. Company Overview
11.9.2. Product/Service Landscape
11.9.3. Financial Overview
11.9.4. Recent Developments
11.10. Cambridge Cancer Genomics
11.10.1. Company Overview
11.10.2. Product/Service Landscape
11.10.3. Financial Overview
11.10.4. Recent Developments
11.11. SOPHiA GENETICS
11.11.1. Company Overview
11.11.2. Product/Service Landscape
11.11.3. Financial Overview
11.11.4. Recent Developments
11.12. Data4Cure Inc.
11.12.1. Company Overview
11.12.2. Product/Service Landscape
11.12.3. Financial Overview
11.12.4. Recent Developments
11.13. PrecisionLife Ltd
11.13.1. Company Overview
11.13.2. Product/Service Landscape
11.13.3. Financial Overview
11.13.4. Recent Developments
11.14. Genoox Ltd.
11.14.1. Company Overview
11.14.2. Product/Service Landscape
11.14.3. Financial Overview
11.14.4. Recent Developments
11.15. Engine Biosciences Pte. Ltd.
11.15.1. Company Overview
11.15.2. Product/Service Landscape
11.15.3. Financial Overview
11.15.4. Recent Developments
The Artificial Intelligence in Genomics Market has been segmented as below:
Artificial Intelligence in Genomics Market, By Offering
Artificial Intelligence in Genomics Market, By Technology
Artificial Intelligence in Genomics Market, By Application
Artificial Intelligence in Genomics Market, By End User
Artificial Intelligence in Genomics Market, By Region
Artificial Intelligence in Genomics Market, By Company
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