Artificial Intelligence In Genomics Market Growth, Key Trends & Factor Driving Industry till 2028

Global Artificial Intelligence In Genomics Market Analysis

MarkNtel Advisors, a leading consulting, data analytics, and market research firm, recently published an analytical report description that describes the recent achievements and developments of prominent players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the growth of the Global Artificial Intelligence In Genomics market. The research report on the Artificial Intelligence In Genomics Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts.

The report further comprises, “Global Artificial Intelligence in Genomics Market is poised to grow at a CAGR of around 53% during the forecast period, i.e., 2023-28.

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Growth Restraint: Lack of Standardization and Data Privacy Security Concerns

Since genomic data contain sensitive personal information, its security privacy are significant concerns. The use of AI in genomics relies on large-scale genomic datasets, which is why ensuring their privacy security is critical. Currently, concerns regarding data breaches, unauthorized access, misuse of genomic data are impacting the adoption of AI-based genomics solutions, particularly in healthcare settings where patient data protection is of utmost importance. Moreover, as the field of AI in genomics is still evolving, there is a lack of standardized approaches methodologies, which are essential to ensure interoperability, comparability, reproducibility of results across different AI-based genomics tools platforms, which otherwise could lead to variations in data analysis interpretation. Hence, these aspects are projected to hamper the Global Artificial Intelligence in Genomics Market through 2028.

Global Artificial Intelligence In Genomics Market Segment Geography [2023-28]

The Artificial Intelligence In Genomics market is segmented into significant segments based on Geography.

-By Offering

Softwares
Services

-By Technology

Machine Learning
Other Technologies

-By Functionality

Gene Editing
Genome Sequencing
Predictive Genetic Testing Preventive Medicine

-By Application

Diagnostics
Precision Medicine
Drug Discovery Development
Agriculture Animal Research

-By End User

Pharmaceutical Companies
Research Centers, Academic Institutes
Healthcare Providers
Government Organizations

Geographical Analysis

-By Region

North America
South America
Europe
The Middle East Africa
Asia Pacific

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Top Companies Essentially Working in Artificial Intelligence In Genomics Market

Deep Genomics Inc.
IBM
Microsoft Corporation
Fabric Genomics, Inc.
Verge Analytics, Inc.
FDNA Inc.
Benevolent AI
Freenome Holdings, Inc.
SOPHIA GENETICS
Ardigen
Congenica Ltd.
Lantern Pharma, Inc.
MolecularMatch, Inc.
Empiric Logic Limited
Lifebit

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