PUBLISHER: BCC Research | PRODUCT CODE: 1127096
PUBLISHER: BCC Research | PRODUCT CODE: 1127096
The global market for machine learning in the life sciences is estimated to increase from $3.2 billion in 2022 to reach $20.7 billion by 2027, at a compound annual growth rate (CAGR) of 45.5% from 2022 through 2027.
North American market for machine learning in the life sciences is estimated to increase from $1.4 billion in 2022 to reach $8.2 billion by 2027, at a CAGR of 43.0% from 2022 through 2027.
Asia-Pacific market for machine learning in the life sciences is estimated to increase from $783.1 million in 2022 to reach $5.7 billion by 2027, at a CAGR of 48.6% from 2022 through 2027.
This report highlights the current and future market potential for machine learning in life sciences 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 from 2022 through 2027 and profiles 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 highlighted. Government regulations, major collaborations, recent patents and factors affecting the industry from a global perspective are examined.
Key machine learning in life sciences 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 is also provided.