Steve Smith
The Global Artificial Intelligence in Genomics Market is poised to grow at a CAGR of around 53% during the forecast period, i.e., 2023-28.
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Key Findings of the Study: Artificial Intelligence In Genomics Market
Key Drivers: Immense Potential of AI to Transform Genomics Research & Healthcare
Genomics research generates massive & complex datasets, which include DNA sequences, gene expression profiles, and epigenetic data, which AI algorithms can handle & analyze at an unprecedented scale & speed by identifying patterns, detecting genomic variants, predicting gene functions, and uncovering hidden relationships within the data in order to provide valuable insights for researchers & clinicians. Moreover, AI algorithms can also analyze genomic variants identified through sequencing to understand their potential impact on health & disease. By classifying variants, predicting their functional consequences, and prioritizing them for further investigation, AI can help identify disease-causing mutations and enable more accurate diagnoses as well as personalized treatment decisions. Hence, in this manner, AI holds enormous potential to transform genomics research and the entire healthcare industry and, consequently, drive the Global Artificial Intelligence in Genomics Market during 2023-28.
Scope of the Report and Artificial Intelligence In Genomics Market Segmentation
By Offering
-Softwares
-Services
By Technology
-Machine Learning
–Deep Learning
-Other Technologies
By Functionality
-Gene Editing
-Genome Sequencing
-Predictive Genetic Testing & Preventive Medicine
- Genome sequencing, particularly NGS (Next-generation Sequencing) technologies, is projected to dominate the Global Artificial Intelligence in Genomics Market with the largest revenue share during 2023-28.
By Application
-Diagnostics
-Precision Medicine
-Drug Discovery & Development
-Agriculture & Animal Research
By End User
-Pharmaceutical Companies
-Research Centers, Academic Institutes
-Healthcare Providers
-Government Organizations
Top leading companies in the Artificial Intelligence In Genomics Market includes:
Deep Genomics Inc., IBM, Microsoft Corporation, Fabric Genomics, Inc., Verge Analytics, Inc., FDNA Inc., Benevolent AI, Freenome Holdings, Inc., SOPHIA GENETICS, Ardigen, Congenica Ltd., Lantern Pharma, Inc., MolecularMatch, Inc., Empiric Logic Limited, Lifebit
Artificial Intelligence In Genomics Market Development
- In June 2022, Ultima Genomics & Nvidia announced their collaboration that leverages AI across multiple stages of the DNA sequencing & analysis process. The partnership includes the use of Nvidia GPUs for deep learning in photometry & base calling and will soon include acceleration of variant calling.
- In 21 March 2022, IBM and Genomics England entered a new partnership to transform patient care. IBM is selected as a strategic technology partner for Genomics England over 18 months to support the enable the consumption of AWS cloud services & AI capabilities.
For more detailed information about the Artificial Intelligence In Genomics market report, click here – https://www.marknteladvisors.com/research-library/global-artificial-intelligence-in-genomics-market.html
Geographical analysis:
North America: USA, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, and Others
Asia-Pacific: China, India, Japan, South Korea and Others
South America: Brazil, and others
Middle East & Africa: GCC, South Africa and Others
- North America dominates the Artificial Intelligence in Genomics Market.
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