Artificial Intelligence In Genomics Market to Huge Growth by 2028

Market Overview: Global Artificial Intelligence In Genomics Market

In the recent study, Global Artificial Intelligence In Genomics Market Research Report,’ “MarkNtel Advisors – Leading Market Research Company” highlighted every essential and specific element that would aid in guiding stakeholders. The research provides the overall market landscape, key insights, significant drivers, major competitors, regulatory landscape, opportunities, current trends, the industry’s supply chain structure, changing policies, and the classification of product types, applications, major players, and sectors, among other things. The usage of self-explanatory tables, pie charts, and graphs in a creative format is one of the report’s standout features.

Growth Prospect of Artificial Intelligence In Genomics Market:

Lack of Standardization and Data Privacy & Security Concerns: Since genomic data contain sensitive & personal information, its security & privacy are significant concerns. The use of AI in genomics relies on large-scale genomic datasets, which is why ensuring their privacy & security is critical. Currently, concerns regarding data breaches, unauthorized access, & misuse of genomic data are impacting the adoption of AI-based genomics solutions, particularly in healthcare settings where patient data protection is of utmost importance. Moreover, as the field of AI in genomics is still evolving, there is a lack of standardized approaches & methodologies, which are essential to ensure interoperability, comparability, & reproducibility of results across different AI-based genomics tools & platforms, which otherwise could lead to variations in data analysis & interpretation. Hence, these aspects are projected to hamper the Global Artificial Intelligence in Genomics Market through 2028.

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Industry Size, Share and Value By 2028

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. The growth of the market is projected to be propelled mainly by the rapidly growing genomic data volume, ever-increasing adoption of precision medicine, significant advancements in AI Technologies, and the integration of multi-omics data, which includes genomic, transcriptomic, proteomic, & epigenomic data. Besides, the mounting demand for efficient drug discovery & development, various partnerships between academic institutes, bio-pharma companies, and technology firms, and the growing supportive regulatory environment are other prominent aspects projected enhance the Global Artificial Intelligence in Genomics Market size in the future.

Enlisting of the Market Segmentation & Identification of the Top Companies

To better understand or have an in-depth understanding of the industry, our dedicated group has put all of their efforts, following a rigorous research pattern to make the client better understand the Artificial Intelligence In Genomics.

-By Offering

  • Softwares
  • Services

-By Technology

  • Machine Learning
  • Other Technologies

-By Functionality

  • Gene Editing
  • Genome Sequencing
  • Predictive Genetic Testing & Preventive Medicine

-By Application

  • Diagnostics
  • Precision Medicine
  • Drug Discovery & Development
  • Agriculture & Animal Research

-By End User

  • Pharmaceutical Companies
  • Research Centers, Academic Institutes
  • Healthcare Providers
  • Government Organizations

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Every market has major participants playing their individual role to bring new creations or upgradation in the particular market. This section offers an assessment of the competition in the market of Artificial Intelligence In Genomics:

  • Deep Genomics Inc.
  • IBM
  • Microsoft Corporation
  • Fabric Genomics, Inc.
  • Verge Analytics, Inc.
  • FDNA Inc.
  • Benevolent AI
  • Freenome Holdings, Inc.
  • Ardigen
  • Congenica Ltd.
  • Lantern Pharma, Inc.
  • MolecularMatch, Inc.
  • Empiric Logic Limited
  • Lifebit

Geographical Landscape of the Artificial Intelligence In Genomics Market

-By Region

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

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Valuable Highlights in the Artificial Intelligence In Genomics Market

  • The Artificial Intelligence In Genomics Market research offers information on the prevailing situation of the industry, including data on statistics, market size, and revenue.
  • The Artificial Intelligence In Genomics Industry Report gives a clear picture of the industry by analyzing the emerging trends & possible opportunities that would assist the investors or venture capitalists to take profitable decisions.
  • The study includes deep insights about the market, making market players informed about the target audience, including demographics & purchasing behaviors.
  • The Artificial Intelligence In Genomics Market study provides a detailed examination of the industry’s competitive landscape, including information on market share & pricing strategies.

Key Questions Addressed in the Market Research Report:

  • What is the projected size, share, & CAGR of the Artificial Intelligence In Genomics Market in the future years?
  • What are the key trends & emerging opportunities likely to impact the Artificial Intelligence In Genomics Market during 2023-28?
  • What are crucial aspects creating a barrier to the market growth?
  • What are the different segments & sub-segments considered in the market of Artificial Intelligence In Genomics research study?
  • Who are the key stakeholders & players participating in the Artificial Intelligence In Genomics Market?
  • What would be the demand for different types of products/services in the Artificial Intelligence In Genomics through 2028?

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