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Global AI in Precision Medicine Market 2025-2029

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  • Aidoc
  • Bayer AG
  • Bristol Myers Squibb Co.
  • Cohere Inc.
  • Deep Genomics Inc.
  • Exscientia PLC
  • F. Hoffmann La Roche Ltd.
  • Google LLC
  • Insilico Medicine
  • Microsoft Corp.
  • Novartis AG
  • NVIDIA Corp.
  • PathAI Inc.
  • Recursion Pharmaceuticals Inc.
  • Sanofi SA

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LSH

The AI in precision medicine market is forecasted to grow by USD 880.7 mn during 2024-2029, accelerating at a CAGR of 21.3% during the forecast period. The report on the AI in precision medicine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by proliferation of large scale, multi-modal healthcare data, intensifying demand for personalized therapies and improved patient outcomes, and rapid advancements in AI technology and computational infrastructure.

Market Scope
Base Year2025
End Year2029
Series Year2025-2029
Growth MomentumAccelerate
YOY 202518.9%
CAGR21.3%
Incremental Value$880.7 mn

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's AI in precision medicine market is segmented as below:

By Application

    • Oncology
    • Pharmacogenomics
    • Rare disease diagnostics
    • Immunology
    • Neurology

By Technology

    • Deep learning
    • Natural language processing
    • Context-aware processing
    • Reinforcement learning
    • Generative adversarial networks

By End-user

    • Biopharmaceutical
    • Academic and research institutes
    • Hospitals and clinics
    • Contract research organizations
    • Diagnostic laboratories

By Geographical Landscape

    • North America
    • Europe
    • APAC
    • South America
    • Middle East and Africa

This study identifies the ascendancy of generative AI in drug discovery and development as one of the prime reasons driving the AI in precision medicine market growth during the next few years. Also, AI-powered optimization and decentralization of clinical trials and emergence of AI-generated digital twins for personalized care will lead to sizable demand in the market.

The report on the AI in precision medicine market covers the following areas:

    • AI In Precision Medicine Market sizing
    • AI In Precision Medicine Market forecast
    • AI In Precision Medicine Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading AI in precision medicine market vendors that include Aidoc, Bayer AG, Bristol Myers Squibb Co., Butterfly Network Inc., Cohere Inc., Deep Genomics Inc., Exscientia PLC, F. Hoffmann La Roche Ltd., Google LLC, Insilico Medicine, Microsoft Corp., Novartis AG, NVIDIA Corp., PathAI Inc., Recursion Pharmaceuticals Inc., Sanofi SA, and Tempus Labs Inc.. Also, the AI in precision medicine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Global Market Characteristics
    • Executive Summary - Chart on Market By Geographical Landscape
    • Executive Summary - Chart on Market Segmentation by Application
    • Executive Summary - Chart on Market Segmentation by Technology
    • Executive Summary - Chart on Market Segmentation by End-user
    • Executive Summary - Chart on Incremental Growth
    • Executive Summary - Data Table on Incremental Growth
    • Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

  • 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • 2.2 Criticality of inputs and Factors of differentiation
    • Overview on criticality of inputs and factors of differentiation
  • 2.3 Factors of disruption
    • Overview on factors of disruption
  • 2.4 Impact of drivers and challenges
    • Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

  • 3.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 3.2 Market characteristics
    • Market characteristics analysis
  • 3.3 Value chain analysis
    • Value chain analysis

4 Market Sizing

  • 4.1 Market definition
    • Offerings of companies included in the market definition
  • 4.2 Market segment analysis
    • Market segments
  • 4.3 Market size 2024
  • 4.4 Market outlook: Forecast for 2024-2029
    • Chart on Global - Market size and forecast 2024-2029 ($ million)
    • Data Table on Global - Market size and forecast 2024-2029 ($ million)
    • Chart on Global Market: Year-over-year growth 2024-2029 (%)
    • Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Five forces analysis - Comparison between 2024 and 2029
  • 5.2 Bargaining power of buyers
    • Bargaining power of buyers - Impact of key factors 2024 and 2029
  • 5.3 Bargaining power of suppliers
    • Bargaining power of suppliers - Impact of key factors in 2024 and 2029
  • 5.4 Threat of new entrants
    • Threat of new entrants - Impact of key factors in 2024 and 2029
  • 5.5 Threat of substitutes
    • Threat of substitutes - Impact of key factors in 2024 and 2029
  • 5.6 Threat of rivalry
    • Threat of rivalry - Impact of key factors in 2024 and 2029
  • 5.7 Market condition
    • Chart on Market condition - Five forces 2024 and 2029

6 Market Segmentation by Application

  • 6.1 Market segments
    • Chart on Application - Market share 2024-2029 (%)
    • Data Table on Application - Market share 2024-2029 (%)
  • 6.2 Comparison by Application
    • Chart on Comparison by Application
    • Data Table on Comparison by Application
  • 6.3 Oncology - Market size and forecast 2024-2029
    • Chart on Oncology - Market size and forecast 2024-2029 ($ million)
    • Data Table on Oncology - Market size and forecast 2024-2029 ($ million)
    • Chart on Oncology - Year-over-year growth 2024-2029 (%)
    • Data Table on Oncology - Year-over-year growth 2024-2029 (%)
  • 6.4 Pharmacogenomics - Market size and forecast 2024-2029
    • Chart on Pharmacogenomics - Market size and forecast 2024-2029 ($ million)
    • Data Table on Pharmacogenomics - Market size and forecast 2024-2029 ($ million)
    • Chart on Pharmacogenomics - Year-over-year growth 2024-2029 (%)
    • Data Table on Pharmacogenomics - Year-over-year growth 2024-2029 (%)
  • 6.5 Rare disease diagnostics - Market size and forecast 2024-2029
    • Chart on Rare disease diagnostics - Market size and forecast 2024-2029 ($ million)
    • Data Table on Rare disease diagnostics - Market size and forecast 2024-2029 ($ million)
    • Chart on Rare disease diagnostics - Year-over-year growth 2024-2029 (%)
    • Data Table on Rare disease diagnostics - Year-over-year growth 2024-2029 (%)
  • 6.6 Immunology - Market size and forecast 2024-2029
    • Chart on Immunology - Market size and forecast 2024-2029 ($ million)
    • Data Table on Immunology - Market size and forecast 2024-2029 ($ million)
    • Chart on Immunology - Year-over-year growth 2024-2029 (%)
    • Data Table on Immunology - Year-over-year growth 2024-2029 (%)
  • 6.7 Neurology - Market size and forecast 2024-2029
    • Chart on Neurology - Market size and forecast 2024-2029 ($ million)
    • Data Table on Neurology - Market size and forecast 2024-2029 ($ million)
    • Chart on Neurology - Year-over-year growth 2024-2029 (%)
    • Data Table on Neurology - Year-over-year growth 2024-2029 (%)
  • 6.8 Market opportunity by Application
    • Market opportunity by Application ($ million)
    • Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Technology

  • 7.1 Market segments
    • Chart on Technology - Market share 2024-2029 (%)
    • Data Table on Technology - Market share 2024-2029 (%)
  • 7.2 Comparison by Technology
    • Chart on Comparison by Technology
    • Data Table on Comparison by Technology
  • 7.3 Deep learning - Market size and forecast 2024-2029
    • Chart on Deep learning - Market size and forecast 2024-2029 ($ million)
    • Data Table on Deep learning - Market size and forecast 2024-2029 ($ million)
    • Chart on Deep learning - Year-over-year growth 2024-2029 (%)
    • Data Table on Deep learning - Year-over-year growth 2024-2029 (%)
  • 7.4 Natural language processing - Market size and forecast 2024-2029
    • Chart on Natural language processing - Market size and forecast 2024-2029 ($ million)
    • Data Table on Natural language processing - Market size and forecast 2024-2029 ($ million)
    • Chart on Natural language processing - Year-over-year growth 2024-2029 (%)
    • Data Table on Natural language processing - Year-over-year growth 2024-2029 (%)
  • 7.5 Context-aware processing - Market size and forecast 2024-2029
    • Chart on Context-aware processing - Market size and forecast 2024-2029 ($ million)
    • Data Table on Context-aware processing - Market size and forecast 2024-2029 ($ million)
    • Chart on Context-aware processing - Year-over-year growth 2024-2029 (%)
    • Data Table on Context-aware processing - Year-over-year growth 2024-2029 (%)
  • 7.6 Reinforcement learning - Market size and forecast 2024-2029
    • Chart on Reinforcement learning - Market size and forecast 2024-2029 ($ million)
    • Data Table on Reinforcement learning - Market size and forecast 2024-2029 ($ million)
    • Chart on Reinforcement learning - Year-over-year growth 2024-2029 (%)
    • Data Table on Reinforcement learning - Year-over-year growth 2024-2029 (%)
  • 7.7 Generative adversarial networks - Market size and forecast 2024-2029
    • Chart on Generative adversarial networks - Market size and forecast 2024-2029 ($ million)
    • Data Table on Generative adversarial networks - Market size and forecast 2024-2029 ($ million)
    • Chart on Generative adversarial networks - Year-over-year growth 2024-2029 (%)
    • Data Table on Generative adversarial networks - Year-over-year growth 2024-2029 (%)
  • 7.8 Market opportunity by Technology
    • Market opportunity by Technology ($ million)
    • Data Table on Market opportunity by Technology ($ million)

8 Market Segmentation by End-user

  • 8.1 Market segments
    • Chart on End-user - Market share 2024-2029 (%)
    • Data Table on End-user - Market share 2024-2029 (%)
  • 8.2 Comparison by End-user
    • Chart on Comparison by End-user
    • Data Table on Comparison by End-user
  • 8.3 Biopharmaceutical - Market size and forecast 2024-2029
    • Chart on Biopharmaceutical - Market size and forecast 2024-2029 ($ million)
    • Data Table on Biopharmaceutical - Market size and forecast 2024-2029 ($ million)
    • Chart on Biopharmaceutical - Year-over-year growth 2024-2029 (%)
    • Data Table on Biopharmaceutical - Year-over-year growth 2024-2029 (%)
  • 8.4 Academic and research institutes - Market size and forecast 2024-2029
    • Chart on Academic and research institutes - Market size and forecast 2024-2029 ($ million)
    • Data Table on Academic and research institutes - Market size and forecast 2024-2029 ($ million)
    • Chart on Academic and research institutes - Year-over-year growth 2024-2029 (%)
    • Data Table on Academic and research institutes - Year-over-year growth 2024-2029 (%)
  • 8.5 Hospitals and clinics - Market size and forecast 2024-2029
    • Chart on Hospitals and clinics - Market size and forecast 2024-2029 ($ million)
    • Data Table on Hospitals and clinics - Market size and forecast 2024-2029 ($ million)
    • Chart on Hospitals and clinics - Year-over-year growth 2024-2029 (%)
    • Data Table on Hospitals and clinics - Year-over-year growth 2024-2029 (%)
  • 8.6 Contract research organizations - Market size and forecast 2024-2029
    • Chart on Contract research organizations - Market size and forecast 2024-2029 ($ million)
    • Data Table on Contract research organizations - Market size and forecast 2024-2029 ($ million)
    • Chart on Contract research organizations - Year-over-year growth 2024-2029 (%)
    • Data Table on Contract research organizations - Year-over-year growth 2024-2029 (%)
  • 8.7 Diagnostic laboratories - Market size and forecast 2024-2029
    • Chart on Diagnostic laboratories - Market size and forecast 2024-2029 ($ million)
    • Data Table on Diagnostic laboratories - Market size and forecast 2024-2029 ($ million)
    • Chart on Diagnostic laboratories - Year-over-year growth 2024-2029 (%)
    • Data Table on Diagnostic laboratories - Year-over-year growth 2024-2029 (%)
  • 8.8 Market opportunity by End-user
    • Market opportunity by End-user ($ million)
    • Data Table on Market opportunity by End-user ($ million)

9 Customer Landscape

  • 9.1 Customer landscape overview
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

  • 10.1 Geographic segmentation
    • Chart on Market share By Geographical Landscape 2024-2029 (%)
    • Data Table on Market share By Geographical Landscape 2024-2029 (%)
  • 10.2 Geographic comparison
    • Chart on Geographic comparison
    • Data Table on Geographic comparison
  • 10.3 North America - Market size and forecast 2024-2029
    • Chart on North America - Market size and forecast 2024-2029 ($ million)
    • Data Table on North America - Market size and forecast 2024-2029 ($ million)
    • Chart on North America - Year-over-year growth 2024-2029 (%)
    • Data Table on North America - Year-over-year growth 2024-2029 (%)
  • 10.4 Europe - Market size and forecast 2024-2029
    • Chart on Europe - Market size and forecast 2024-2029 ($ million)
    • Data Table on Europe - Market size and forecast 2024-2029 ($ million)
    • Chart on Europe - Year-over-year growth 2024-2029 (%)
    • Data Table on Europe - Year-over-year growth 2024-2029 (%)
  • 10.5 APAC - Market size and forecast 2024-2029
    • Chart on APAC - Market size and forecast 2024-2029 ($ million)
    • Data Table on APAC - Market size and forecast 2024-2029 ($ million)
    • Chart on APAC - Year-over-year growth 2024-2029 (%)
    • Data Table on APAC - Year-over-year growth 2024-2029 (%)
  • 10.6 South America - Market size and forecast 2024-2029
    • Chart on South America - Market size and forecast 2024-2029 ($ million)
    • Data Table on South America - Market size and forecast 2024-2029 ($ million)
    • Chart on South America - Year-over-year growth 2024-2029 (%)
    • Data Table on South America - Year-over-year growth 2024-2029 (%)
  • 10.7 Middle East and Africa - Market size and forecast 2024-2029
    • Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
    • Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
    • Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
    • Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
  • 10.8 US - Market size and forecast 2024-2029
    • Chart on US - Market size and forecast 2024-2029 ($ million)
    • Data Table on US - Market size and forecast 2024-2029 ($ million)
    • Chart on US - Year-over-year growth 2024-2029 (%)
    • Data Table on US - Year-over-year growth 2024-2029 (%)
  • 10.9 Canada - Market size and forecast 2024-2029
    • Chart on Canada - Market size and forecast 2024-2029 ($ million)
    • Data Table on Canada - Market size and forecast 2024-2029 ($ million)
    • Chart on Canada - Year-over-year growth 2024-2029 (%)
    • Data Table on Canada - Year-over-year growth 2024-2029 (%)
  • 10.10 Germany - Market size and forecast 2024-2029
    • Chart on Germany - Market size and forecast 2024-2029 ($ million)
    • Data Table on Germany - Market size and forecast 2024-2029 ($ million)
    • Chart on Germany - Year-over-year growth 2024-2029 (%)
    • Data Table on Germany - Year-over-year growth 2024-2029 (%)
  • 10.11 Japan - Market size and forecast 2024-2029
    • Chart on Japan - Market size and forecast 2024-2029 ($ million)
    • Data Table on Japan - Market size and forecast 2024-2029 ($ million)
    • Chart on Japan - Year-over-year growth 2024-2029 (%)
    • Data Table on Japan - Year-over-year growth 2024-2029 (%)
  • 10.12 UK - Market size and forecast 2024-2029
    • Chart on UK - Market size and forecast 2024-2029 ($ million)
    • Data Table on UK - Market size and forecast 2024-2029 ($ million)
    • Chart on UK - Year-over-year growth 2024-2029 (%)
    • Data Table on UK - Year-over-year growth 2024-2029 (%)
  • 10.13 South Korea - Market size and forecast 2024-2029
    • Chart on South Korea - Market size and forecast 2024-2029 ($ million)
    • Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
    • Chart on South Korea - Year-over-year growth 2024-2029 (%)
    • Data Table on South Korea - Year-over-year growth 2024-2029 (%)
  • 10.14 France - Market size and forecast 2024-2029
    • Chart on France - Market size and forecast 2024-2029 ($ million)
    • Data Table on France - Market size and forecast 2024-2029 ($ million)
    • Chart on France - Year-over-year growth 2024-2029 (%)
    • Data Table on France - Year-over-year growth 2024-2029 (%)
  • 10.15 China - Market size and forecast 2024-2029
    • Chart on China - Market size and forecast 2024-2029 ($ million)
    • Data Table on China - Market size and forecast 2024-2029 ($ million)
    • Chart on China - Year-over-year growth 2024-2029 (%)
    • Data Table on China - Year-over-year growth 2024-2029 (%)
  • 10.16 India - Market size and forecast 2024-2029
    • Chart on India - Market size and forecast 2024-2029 ($ million)
    • Data Table on India - Market size and forecast 2024-2029 ($ million)
    • Chart on India - Year-over-year growth 2024-2029 (%)
    • Data Table on India - Year-over-year growth 2024-2029 (%)
  • 10.17 Italy - Market size and forecast 2024-2029
    • Chart on Italy - Market size and forecast 2024-2029 ($ million)
    • Data Table on Italy - Market size and forecast 2024-2029 ($ million)
    • Chart on Italy - Year-over-year growth 2024-2029 (%)
    • Data Table on Italy - Year-over-year growth 2024-2029 (%)
  • 10.18 Market opportunity By Geographical Landscape
    • Market opportunity By Geographical Landscape ($ million)
    • Data Tables on Market opportunity By Geographical Landscape ($ million)

11 Drivers, Challenges, and Opportunity/Restraints

  • 11.1 Market drivers
  • 11.2 Market challenges
  • 11.3 Impact of drivers and challenges
    • Impact of drivers and challenges in 2024 and 2029
  • 11.4 Market opportunities/restraints

12 Competitive Landscape

  • 12.1 Overview
  • 12.2 Competitive Landscape
    • Overview on criticality of inputs and factors of differentiation
  • 12.3 Landscape disruption
    • Overview on factors of disruption
  • 12.4 Industry risks
    • Impact of key risks on business

13 Competitive Analysis

  • 13.1 Companies profiled
    • Companies covered
  • 13.2 Company ranking index
    • Company ranking index
  • 13.3 Market positioning of companies
    • Matrix on companies position and classification
  • 13.4 Aidoc
    • Aidoc - Overview
    • Aidoc - Product / Service
    • Aidoc - Key offerings
    • SWOT
  • 13.5 Bayer AG
    • Bayer AG - Overview
    • Bayer AG - Business segments
    • Bayer AG - Key news
    • Bayer AG - Key offerings
    • Bayer AG - Segment focus
    • SWOT
  • 13.6 Bristol Myers Squibb Co.
    • Bristol Myers Squibb Co. - Overview
    • Bristol Myers Squibb Co. - Product / Service
    • Bristol Myers Squibb Co. - Key news
    • Bristol Myers Squibb Co. - Key offerings
    • SWOT
  • 13.7 Cohere Inc.
    • Cohere Inc. - Overview
    • Cohere Inc. - Product / Service
    • Cohere Inc. - Key offerings
    • SWOT
  • 13.8 Deep Genomics Inc.
    • Deep Genomics Inc. - Overview
    • Deep Genomics Inc. - Product / Service
    • Deep Genomics Inc. - Key offerings
    • SWOT
  • 13.9 Exscientia PLC
    • Exscientia PLC - Overview
    • Exscientia PLC - Product / Service
    • Exscientia PLC - Key offerings
    • SWOT
  • 13.10 F. Hoffmann La Roche Ltd.
    • F. Hoffmann La Roche Ltd. - Overview
    • F. Hoffmann La Roche Ltd. - Business segments
    • F. Hoffmann La Roche Ltd. - Key news
    • F. Hoffmann La Roche Ltd. - Key offerings
    • F. Hoffmann La Roche Ltd. - Segment focus
    • SWOT
  • 13.11 Google LLC
    • Google LLC - Overview
    • Google LLC - Product / Service
    • Google LLC - Key offerings
    • SWOT
  • 13.12 Insilico Medicine
    • Insilico Medicine - Overview
    • Insilico Medicine - Product / Service
    • Insilico Medicine - Key offerings
    • SWOT
  • 13.13 Microsoft Corp.
    • Microsoft Corp. - Overview
    • Microsoft Corp. - Business segments
    • Microsoft Corp. - Key news
    • Microsoft Corp. - Key offerings
    • Microsoft Corp. - Segment focus
    • SWOT
  • 13.14 Novartis AG
    • Novartis AG - Overview
    • Novartis AG - Business segments
    • Novartis AG - Key news
    • Novartis AG - Key offerings
    • Novartis AG - Segment focus
    • SWOT
  • 13.15 NVIDIA Corp.
    • NVIDIA Corp. - Overview
    • NVIDIA Corp. - Business segments
    • NVIDIA Corp. - Key news
    • NVIDIA Corp. - Key offerings
    • NVIDIA Corp. - Segment focus
    • SWOT
  • 13.16 PathAI Inc.
    • PathAI Inc. - Overview
    • PathAI Inc. - Product / Service
    • PathAI Inc. - Key offerings
    • SWOT
  • 13.17 Recursion Pharmaceuticals Inc.
    • Recursion Pharmaceuticals Inc. - Overview
    • Recursion Pharmaceuticals Inc. - Product / Service
    • Recursion Pharmaceuticals Inc. - Key offerings
    • SWOT
  • 13.18 Sanofi SA
    • Sanofi SA - Overview
    • Sanofi SA - Business segments
    • Sanofi SA - Key news
    • Sanofi SA - Key offerings
    • Sanofi SA - Segment focus
    • SWOT

14 Appendix

  • 14.1 Scope of the report
  • 14.2 Inclusions and exclusions checklist
    • Inclusions checklist
    • Exclusions checklist
  • 14.3 Currency conversion rates for US$
    • Currency conversion rates for US$
  • 14.4 Research methodology
    • Research methodology
  • 14.5 Data procurement
    • Information sources
  • 14.6 Data validation
    • Data validation
  • 14.7 Validation techniques employed for market sizing
    • Validation techniques employed for market sizing
  • 14.8 Data synthesis
    • Data synthesis
  • 14.9 360 degree market analysis
    • 360 degree market analysis
  • 14.10 List of abbreviations
    • List of abbreviations
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