Artificial Intelligence In Genomics Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis| MarkNtel

Artificial Intelligence In Genomics Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis| MarkNtel

MarkNtel Advisors recently published a detailed industry analysis of the Artificial Intelligence In Genomics Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Artificial Intelligence In Genomics Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028

The Artificial Intelligence In Genomics Market is poised to grow at a CAGR of around 53% during the forecast period, i.e., 2023-28.

What are the major Driver the Artificial Intelligence In Genomics industry?

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.

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What segments define the Artificial Intelligence In Genomics market from 2023 to 2028? How do these segments contribute to market dynamics and growth?

  • By Offering Softwares Services
  • By Technology Machine Learning Deep Learning Other Technologies
  • By Functionality Gene Editing Genome Sequencing Predictive Genetic Testing & Preventive Medicine

According to report, Of these three, 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

According to report, Here, pharmaceutical companies hold a prominent market share owing to various initiatives & investments.

Explore the Complete Artificial Intelligence In Genomics Market Analysis Report – https://www.marknteladvisors.com/research-library/global-artificial-intelligence-in-genomics-market.html

Geographical Analysis: Artificial Intelligence In Genomics Market

o?? North America

o?? Europe

o?? Asia-Pacific

o?? South America

o?? Middle East & Africa

Artificial Intelligence In Genomics Market Share & Competitive Landscape:

The Artificial Intelligence In Genomics Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Artificial Intelligence In Genomics Market are:

  • 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 Industry Recent 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.
  • In?March 2022,?Boehringer Ingelheim, the leading research-driven biopharmaceutical company, partnered with?Lifebit Biotech, Ltd. (Lifebit), a precision medicine software company, in which Lifebit will support Boehringer Ingelheim in building a scalable data, analytics, & infrastructure platform within its IT environment.

?Questions Addressed in this Study

1.What factors are driving the Artificial Intelligence In Genomics Market growth?

2.How is the Artificial Intelligence In Genomics Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Artificial Intelligence In Genomics Market?

4.What is the current size of the Artificial Intelligence In Genomics Market, and how is it projected to change in the future?

6.What is the future outlook for the Artificial Intelligence In Genomics Market in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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