Artificial Intelligence in Genomics Market 2021 Global Growth Rate (CAGR of +52.7%), Application, Technology, Functionality, Drivers, Restraints and Top Company Profiles IBM, Microsoft, NVIDIA Corporation, Deep Genomics
PUNE, India, May 7, 2021 /PRNewswire/ -- ReportsnReports has recently added concise research on the "Artificial Intelligence In Genomics Market 2021: Global Growth Rate (CAGR of +52.7%), Application, Technology, Functionality, Offering, Drivers, Restraints and Top Company Profiles IBM, Microsoft, NVIDIA Corporation, Deep Genomics" to depict valuable insights related to significant market trends driving the industry with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. All the data and statistics included in this Artificial Intelligence in Genomics Market report leading to actionable ideas, improved decision-making, and better mapping business strategies. This Artificial Intelligence in Genomics Market research report helps the clients understand the various drivers and restraints impacting the industry during the forecast period. This Artificial Intelligence in Genomics Market report provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process. This Artificial Intelligence in Genomics Market research report predicts the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, key developments, along with market segments and application.
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The global AI in genomics market is projected to reach USD 1,671 million by 2025 from USD 202 million in 2020, at a CAGR of 52.7% between 2020 and 2025. The need to control drug development and discovery costs and time, increasing public and private investments in AI in genomics, and the adoption of AI solutions in precision medicine are driving the growth of this market. However, the lack of a skilled AI workforce and ambiguous regulatory guidelines for medical software are expected to restrain the market growth during the forecast period.
Top players list covered in the Artificial Intelligence In Genomics Market report are:
NVIDIA Corporation (US),
Deep Genomics (Canada),
Fabric Genomics Inc. (US),
Verge Genomics (US),
Freenome Holdings, Inc. (US),