Artificial Intelligence (AI) in Precision Medicine Market Forecast: USD 14.5 BILLION Valuation by 2030

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Artificial Intelligence (AI) in Precision Medicine Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Artificial Intelligence (AI) in Precision Medicine, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

  • Historical Years: 2019–22
  • Base Year: 2023
  • Forecast Years: 2024–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Download a FREE PDF Sample of the Report: - https://www.marknteladvisors.com/query/request-sample/global-artificial-intelligence-in-precision-medicine-market.html  (Discover the market potential, platform-specific insights, and key industry trends.)

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Artificial Intelligence (AI) in Precision Medicine Market Outlook

The Global Artificial Intelligence (AI) in Precision Medicine Market size was valued at USD 1.7 billion in 2023 and is projected to reach USD 14.5 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 27% during the forecast period, i.e., 2024-30.

Artificial Intelligence (AI) in Precision Medicine Market Drivers:

High Rates of Different Cancers to Impact the Market Positively – Throughout the world, there have been high rates of various cancers including breast & stomach. However, the currently available treatments like chemotherapy, radiation therapy, and others have not been very effective for every patient while some had negative consequences on the health of patients. There has been continuous research & development for therapies specifically tailored according to patient’s characteristics, and prove to be more effective compared to conventional treatments with minimal cost and no side effects.

View Full Report (All Data, In One Place): - https://www.marknteladvisors.com/research-library/global-artificial-intelligence-in-precision-medicine-market.html  (Explore in-depth analyses, technological trends, and investment patterns.)

Artificial Intelligence (AI) in Precision Medicine Market Trends:

Increasing AI Utilisation for Identifying Tailored Therapies for Rare Disease Patients – There has been a lack of treatments available for nearly all known rare disorders of the liver, muscle, and central nervous system. As healthcare is revolving & newer technologies like AI have become accessible, the focus has shifted towards developing precision genetic medicines for patients with such rare conditions. Precision medicine when utilized along with AI allows researchers to better understand the fundamental biology of rare diseases, identify new molecular drug targets, and more importantly accelerate the pace of drug discovery & development for new treatment options. Ultimately, major pharmaceutical players like Pfizer, Astra Zeneca, and others have been actively leveraging AI technologies for the research & development of precision medicine for rare diseases. Moreover, increasing government support in the form of funding & investments to improve patient access to drugs for rare diseases is further expected to boost AI usage in precision medicine development for rare disease conditions.

Artificial Intelligence (AI) in Precision Medicine Market Segmentation

The study categorizes the Artificial Intelligence (AI) in Precision Medicine into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Component

  • Hardware- Market Size & Forecast 2019-2030, USD Million
  • Software- Market Size & Forecast 2019-2030, USD Million
  • Services- Market Size & Forecast 2019-2030, USD Million

By Technology

  • Deep Learning- Market Size & Forecast 2019-2030, USD Million
  • Machine Learning- Market Size & Forecast 2019-2030, USD Million
  • Querying Method- Market Size & Forecast 2019-2030, USD Million
  • Natural Language Processing- Market Size & Forecast 2019-2030, USD Million
  • Context-Aware Processing- Market Size & Forecast 2019-2030, USD Million

By Therapeutic Application

  • Oncology- Market Size & Forecast 2019-2030, USD Million
  • Neurosciences- Market Size & Forecast 2019-2030, USD Million
  • Cardiology- Market Size & Forecast 2019-2030, USD Million
  • Hematological Diseases- Market Size & Forecast 2019-2030, USD Million
  • Autoimmune Diseases- Market Size & Forecast 2019-2030, USD Million
  • Others (Respiratory, Kidney Diseases, etc.)- Market Size & Forecast 2019-2030, USD Million

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific.

Talk to Our Industry Analyst:  - https://www.marknteladvisors.com/query/talk-to-our-consultant/global-artificial-intelligence-in-precision-medicine-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Artificial Intelligence (AI) in Precision Medicine Market Worldwide: Players, Analysis & Future Outlook

  • Tempus
  • Intel Corporation
  • Zephyr AI
  • IBM
  • NVIDIA Corporation
  • Intuz
  • Google LLC 
  • Persistent Systems
  • Owkin, Inc.
  • GE Healthcare
  • Insilico Medicine
  • Atomwise
  • BioXcel Therapeutics
  • Sanofi
  •  

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
  • Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-artificial-intelligence-in-precision-medicine-market.html   

Frequently Asked Questions (FAQ)

  1. What is the projected growth rate of the Artificial Intelligence (AI) in Precision Medicine?
    2. What are the major factors driving this market’s growth?
    3. Which regions are expected to lead the Artificial Intelligence (AI) in Precision Medicine?
    4. Who are the prominent players in the Artificial Intelligence (AI) in Precision Medicine?
    5. How is the competition structured in this market?
    6. How can I access the full report?

About Us

MarkNtel Advisors is a globally recognized market research and consulting firm delivering intelligence across the healthcare industry, spanning pharmaceuticals, medical devices, healthcare IT, and biotechnology. Our analysts combine domain expertise with innovation tracking to help healthcare organizations improve efficiency and patient outcomes. Through Consulting Services, we assist clients in interpreting insights, designing go-to-market strategies, and adapting to regulatory changes, fostering sustainable growth in the evolving global healthcare ecosystem.

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