PUBLISHER: Lucintel | PRODUCT CODE: 1416291
PUBLISHER: Lucintel | PRODUCT CODE: 1416291
The future of generative AI in the global personalized medicine market looks promising with opportunities in the hospital and clinic, clinical research, healthcare organization, and diagnostic center markets. Generative AI in the global personalized medicine market is expected to grow with a CAGR of 39.5% from 2024 to 2030. The major drivers for this market are increasing prevalence of chronic diseases, growing inclination towards precision medicine, and rising demand for patient-centered care.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for generative AI in the global personalized medicine by deployment model, personalized medicine therapeutics, end use, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies generative AI companies in personalized medicine market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the generative AI comapnies in personalized medicine market are profiled in this report include-
Lucintel forecasts that cloud based is expected to witness the higher growth over the forecast period due to its flexibility, adaptability, accessibility, and cost-effectiveness.
Within this market, hospitals and clinics is expected to witness the highest growth due to the growing need for effective diagnosis and treatment planning.
North America will remain the largest region over the forecast period due to the existence of key players investing in AI, such as Microsoft, Apple, and Nvidia.
Market Size Estimates: Generative AI in personalized medicine market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Generative AI in personalized medicine market size by deployment model, personalized medicine therapeutics, end use, and region in terms of value ($B).
Regional Analysis: Generative AI in personalized medicine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different deployment models, personalized medicine therapeutics, end uses, and regions for generative AI in the personalized medicine market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of generative AI in the personalized medicine market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the growth forecast for generative AI in personalized medicine market?
Answer: Generative AI in the global personalized medicine market is expected to grow with a CAGR of 39.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of generative AI in personalized medicine market?
Answer: The major drivers for this market are increasing prevalence of chronic diseases, growing inclination towards precision medicine, and rising demand for patient-centered care.
Q3. What are the major segments for generative AI in personalized medicine market?
Answer: The future of the generative AI in personalized medicine market looks promising with opportunities in the hospital and clinic, clinical research, healthcare organization, and diagnostic center markets.
Q4. Who are the key generative AI companies in personalized medicine market?
Answer: Some of the key generative AI companies in personalized medicine market are as follows:
Q5. Which generative AI in personalized medicine market segment will be the largest in future?
Answer: Lucintel forecasts that cloud based is expected to witness the higher growth over the forecast period due to its flexibility, adaptability, accessibility, and cost-effectiveness.
Q6. In generative AI in personalized medicine market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the existence of key players investing in AI, such as Microsoft, Apple, and Nvidia.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.