123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Ai In Genomics Market Worth Usd 1,671 Million By 2025

Profile Picture
By Author: Rosy Wills
Total Articles: 341
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

According to the new market research report AI in Genomics Market is projected to reach USD 1,671 million by 2025 from USD 202 million in 2020, at a CAGR of 52.7% between 2020 and 2025

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36649899

The need to control drug development and discovery costs and time, increasing public and private investments in AI in genomics, and the adoption of AI solutions in precision medicine are driving the growth of this market. However, the lack of a skilled AI workforce and ambiguous regulatory guidelines for medical software are expected to restrain the market growth during the forecast period.

Based on functionality, the Artificial Intelligence in Genomics Market is segmented into genome sequencing, gene editing, clinical workflows, and predictive genetic testing & preventive medicine. Genome sequencing was the largest functionality segment in this market in 2019 and is estimated to grow at highest CAGR in coming years. The large share of this segment can be attributed to the use of AI solutions to identify chromosomal disorders, dysmorphic ...
... syndromes, teratogenic disorders, and single-gene disorders.

Based on offering, the Artificial Intelligence in Genomics Market is segmented into software and services. The software and services segment accounted for largest share of the global AI in genomics market in 2019. Software is needed to generate new insights from large-scale datasets and help understand genomic variations, thus enhancing the search for disease-causing variants and reducing clinical analysis times. The benefits offered by AI in software are driving its adoption among end users.

Request For Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=36649899

The global AI in Genomics market is segmented into North America, the Asia Pacific, Europe, Rest of the World. North America (comprising the US, and Canada) is expected to account for the largest share of the global Artificial Intelligence in Genomics Market in 2020, followed by Europe. The large share of North America can be attributed to the increasing research funding and government initiatives for promoting precision medicine in the US.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

More About the Author

An innovative professional with 6+ years of progressive experience within the Healthcare industry. with the skills to drive business growth, capitalize on new revenue potential, and manage all aspects of daily internet / eCommerce operations.

Total Views: 584Word Count: 329See All articles From Author

Add Comment

Business Articles

1. Technology Landscape, Trends And Opportunities In Cognitive Security Market
Author: Lucintel LLC

2. Technology Landscape, Trends And Opportunities In Broadcast Switcher Market
Author: Lucintel LLC

3. How Sustainability Consultants In The Uae Help You Go Green
Author: GREEN BUILDING

4. Technology Landscape, Trends And Opportunities In Bipolar Type Ldo Linear Regulator Market
Author: Lucintel LLC

5. Professional Hair Salon In Santa Monica For Exceptional Style
Author: Jeny Mark

6. Trusted Santa Monica Hair Salon For Your Perfect Look
Author: Jeny Mark

7. The Timeless Importance Of Gold
Author: Londe Jewellers

8. Data Center Security In Chennai: Providing Protection For Critical Infrastructure
Author: Qadit

9. Data Privacy And Security In Bangalore: To Safeguard The Digital Future
Author: Qadit

10. Technology Landscape, Trends And Opportunities In Battery Packaging Market
Author: Lucintel LLC

11. Stylish Louisville Blinds And Drapery For Your Home
Author: Deny Mark

12. Enhance Your Home With Window Blinds In Louisville, Ky
Author: Deny Mark

13. Best Dinner Restaurants In Noida – Experience Fine Dining At Stellar Binge
Author: Stellar Binge

14. Technology Landscape, Trends And Opportunities In Flip Chip Package Market
Author: Lucintel LLC

15. Why Muscat Is Becoming The Go-to City For Cryptocurrency Exchange Development
Author: Harperbrown

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: