Product Code: HLC281A
Highlights:
The global market for AI in genomics reached $498.6 million in 2021 and should reach more than $4.8 billion in 2027, with a compound annual growth rate (CAGR) of 47.3% during the forecast period of 2021-2027.
North American market reached $218.6 million in 2021 and should reach more than $1.9 billion in 2027 with a (CAGR) of 44.8% during the forecast period of 2021-2027.
Asia-Pacific market reached $120.3 million in 2021 and should reach more than $1.3 billion in 2027 with a (CAGR) of 50.5% during the forecast period of 2021-2027.
Report Scope:
This report highlights the current and future market potential for AI genomics and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities, and trends in the market. The report also covers market projections through 2027 as well as key market players. BCC Research analyzes each technology in detail, determines major players and current market
status, and presents forecasts of growth over the next five years. Scientific challenges and advances, including the latest trends, are emphasized. Government regulations, major collaborations, recent patents, and factors affecting the industry from a global perspective are examined.
Key AI in genomics technologies and products are analyzed to determine present and future market status, and growth is forecast from 2022 to 2027. An in-depth discussion of strategic alliances, industry structures, competitive dynamics, patents, and market driving forces are also provided.
Report Includes:
- 23 data tables and 19 additional tables
- An overview of the global market for artificial intelligence (AI) in genomics applications
- Analyses of the global market trends, with revenue data from 2020-2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the current and future market potential for the AI genomics industry with an emphasis on new products and technologies, and areas of focus to forecast this market into various segments and sub-segments
- Evaluation and forecast the global AI genomics market size, and corresponding market share analysis by technology, offerings, application, and geographic region
- Technology assessment of the key drivers, restraints and opportunities that will shape the market for AI in genomics over the forecast period (2021 to 2027)
- In-depth information on major technology issues and challenges, government regulations, breakthrough innovations, collaborations and developments, and costs and benefits of AI applications in the genomics industry
- Review of recent industry trends, R&D activities, competitive landscape featuring key market participants, and COVID-19 implications within the AI genomics market ecosystem
- Company profiles of major players, including BenevolentAI, Data4Cure Inc., Deep Genomics, IBM Corp., and Microsoft Corp.
Table of Contents
Chapter 1 Introduction
- Study Goals and Objectives
- Reasons for Doing the Study
- Intended Audience
- Scope and Format
- Methodology
- Information Sources
- Geographical Breakdown
- Analyst's Credentials
- BCC Custom Research
- Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Overview
- Introduction to Artificial Intelligence
- Understanding Artificial Intelligence in Healthcare
- Artificial Intelligence in Healthcare Evolution and Transition
- Introduction to Genomics
- Artificial Intelligence (AI) Analysis
- Software Development
Chapter 4 Impact of the COVID-19 Pandemic
- Introduction
- Impact of COVID-19 on the Market
- Impact on MedTech
- Changes in Consumption Trends for Health-Related Products
Chapter 5 Market Dynamics
- Market Drivers
- Investment in AI Health Sector
- Increasing Strategic Moves by Market Players and Governments
- Increasing Incidences of Chronic Disease
- Demand for Personalized Medicine
- Increasing Research and Development Budget
- Restraints and Challenges
- Reluctance Among Medical Practitioners to Adopt AI-Based Technologies
- Ambiguous Regulatory Guidelines for Medical Software
- Challenge to Maintain Data Security
- Opportunities
- Untapped Potential in Emerging Markets
Chapter 6 Market Breakdown by Offering
- Software
- Market Size and Forecast
- Services
- Market Size and Forecast
Chapter 7 Market Breakdown by Technology
- Machine Learning
- Market Size and Forecast
- Computer Vision
- Market Size and Forecast
Chapter 8 AI in Genomics by Application
- Diagnostics
- Market Size and Forecast
- Drug Discovery and Development
- Process of Drug Discovery
- History of Drug Discovery
- Classification of Techniques Used in Drug Discovery
- Market Size and Forecast
- Others
- Market Size and Forecast
Chapter 9 Market Breakdown by Region
- Global Market for AI in Genomics by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Rest of the World
Chapter 10 Regulations and Finance
- Regulatory Framework
- American Diabetes Association's Standards of Medical Care in Diabetes
- ATA Guidelines for Artificial Intelligence
- Indian AI Guidelines, Strategy, and Standards
Chapter 11 Patent Review
Chapter 12 Competitive Landscape
Chapter 13 Company Profiles
- BENEVOLENTAI
- DATA4CURE INC.
- DEEP GENOMICS
- DNANEXUS INC.
- FDNA INC.
- GENOOX
- INTERNATIONAL BUSINESS MACHINES CORP. (IBM)
- LIFEBIT
- MICROSOFT CORP.
- NVIDIA
- SOPHIA GENETICS