The application of Artificial Intelligence (AI) in genomics has been revolutionizing the field of personalized medicine and genomic research. AI algorithms and tools are enabling researchers to analyze large genomic datasets and identify patterns and insights that were previously impossible to detect. This technology has the potential to transform the diagnosis, treatment, and prevention of genetic diseases.
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One of the primary drivers of the AI in genomics market is the growing demand for personalized medicine. Personalized medicine is an approach that tailors medical treatment to an individual’s genetic makeup, lifestyle, and environment. AI in genomics is enabling the identification of genetic markers that can predict an individual’s response to specific treatments, improving the effectiveness of medical care. Another driver of the market is the increasing availability of genomic data. Advances in DNA sequencing technologies have made it possible to generate large amounts of genomic data quickly and cost-effectively. AI in genomics is providing tools to analyze and interpret this data, enabling researchers to gain insights into the genetic basis of diseases and develop new treatments. Furthermore, AI in genomics is driving innovation in drug discovery. By analyzing large genomic datasets, researchers can identify novel drug targets and develop more effective and targeted therapies.
Despite the potential of AI in genomics, the market is restrained by several factors, including data privacy concerns, regulatory challenges, and the complexity of genomic data. The use of genomic data raises concerns around privacy and data security, and the lack of clear regulatory frameworks for genomic data poses a challenge for healthcare providers and researchers. Additionally, the complexity of genomic data and the need for advanced computational tools and expertise are barriers to the adoption of AI in genomics.
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List of Major Players in Artificial Intelligence (AI) In Genomics Market Report are:
Amazon Web Services, Inc., BenevolentAI , DEEP GENOMICS, Engine Biosciences Pte. Ltd., Fabric Genomics, Inc., FDNA INC., Freenome Holdings, Inc., IBM Corporation, Lifebit, Microsoft, MolecularMatch, Inc., NVIDIA Corporation, Verge Genomics and other market participants.
Highlights of the Report
- The new entrants and alternative products and services that pose a significant threat to the competitors in the future are highlighted in this report.
- Business models adopted by the leading players for partnering with the other growing competitors
- The report exploits unexplored market spaces that may enable the market participants to compete with the leading players.
- It reviews the biggest competitors across various segments in the Artificial Intelligence (AI) In Genomics
- The report explores different buyers and sellers through the market’s value chain.
- The Artificial Intelligence (AI) In Genomics market report has identified the specific categories of products that compete with the international marketplace giants.
- The product categories that ensure high profit for the sellers and other participants are presented in the study.
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Our 420+ Pages Report titled, Artificial Intelligence (AI) In Genomics Market will include extensive information on the following pointers:
- Global market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
- Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
- Years Considered (2015 – 2030)
- (Historic Years: 2015 – 2020
- Base Year: 2021
- Forecast Years: 2022 – 2030)
- Market determinants and Influencing Factors
- Market Dynamics (Drivers, Restraints, Opportunities and Trends)
- Analysis on Impact of Covid-19 on Global Artificial Intelligence (AI) In Genomics Market
- Macro-Economic and Micro-Economic Indicators
- Porter’s Five Forces Analysis
- Regulatory Landscape
- PESTEL Analysis
- Competitive Benchmarking: Global Presence and Growth Strategies
- (Mergers and Acquisitions
- Product Launches
- Investments Trends
- R&D Initiatives)
- Market Share Analysis, 2021
- Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
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Global Artificial Intelligence (AI) In Genomics Market Segmentation:
By Offering
- Solutions
- Services
By Technology
- Machine Learning
- Computer Vision
- Others
By Type
- Plant Genomics
- Animal Genomics
- Others
By Function
- Genome Sequencing
- Gene Editing
- Predictive Testing of Genes
- Others
By Organization Size
- Small and Medium Enterprises
- Large Enterprises
By Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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