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Report

Artificial Intelligence (AI) in Genomics: Global Market

Market Research Report I 2022-05-26 I 104 Pages I BCC Research

Description

Report Scope:

This report highlights the current and future market potential for AI genomics 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 through 2027 as well as 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 emphasized. Government regulations, major collaborations, recent patents, and factors affecting the industry from a global perspective are examined.

Key AI in genomics 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 are also provided.

Report Includes:

- 23 data tables and 19 additional tables
- An overview of the global market for artificial intelligence (AI) in genomics applications
- Analyses of the global market trends, with revenue data from 2020-2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the current and future market potential for the AI genomics industry with an emphasis on new products and technologies, and areas of focus to forecast this market into various segments and sub-segments
- Evaluation and forecast the global AI genomics market size, and corresponding market share analysis by technology, offerings, application, and geographic region
- Technology assessment of the key drivers, restraints and opportunities that will shape the market for AI in genomics over the forecast period (2021 to 2027)
- In-depth information on major technology issues and challenges, government regulations, breakthrough innovations, collaborations and developments, and costs and benefits of AI applications in the genomics industry
- Review of recent industry trends, R&D activities, competitive landscape featuring key market participants, and COVID-19 implications within the AI genomics market ecosystem
- Company profiles of major players, including BenevolentAI, Data4Cure Inc., Deep Genomics, IBM Corp., and Microsoft Corp.

Executive Summary

Summary:

The global market for AI in genomics was valued at $REDACTED million in 2020. The market is expected to grow at a compound annual growth rate (CAGR) of REDACTED% to reach approximately $REDACTED billion by 2027. Artificial intelligence is defined as the engineering and science of making intelligent computer systems that can exhibit intelligence like humans (natural intelligence) and perform tasks directly without any human intervention. AI in healthcare uses software and algorithms to approximate human perception in order to analyze complex medical data and to analyze the relationship between treatment or prevention techniques and patient outcomes.

Reasons for Doing the Study:

AI has established itself as an important component of the life science industry. There is enormous potential for future applications, but there are also many near-term commercial opportunities, and the list of new products and applications is continuously growing. This report will help companies to better evaluate the many potential applications and to identify commercial opportunities for product development and competitive strategy. The information
contained here will assist companies in prioritizing product opportunities and establishing solid frameworks for their strategic planning. This study intends to provide readers with detailed information regarding AI in genomics, along with
factors influencing the market and key developments for expansion and penetration in this market

Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing the Study
Intended Audience
Scope and Format
Methodology
Information Sources
Geographical Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Overview
Introduction to Artificial Intelligence
Understanding Artificial Intelligence in Healthcare
Artificial Intelligence in Healthcare Evolution and Transition
Introduction to Genomics
Artificial Intelligence (AI) Analysis
Software Development
Chapter 4 Impact of the COVID-19 Pandemic
Introduction
Impact of COVID-19 on the Market
Impact on MedTech
Changes in Consumption Trends for Health-Related Products
Chapter 5 Market Dynamics
Market Drivers
Investment in AI Health Sector
Increasing Strategic Moves by Market Players and Governments
Increasing Incidences of Chronic Disease
Demand for Personalized Medicine
Increasing Research and Development Budget
Restraints and Challenges
Reluctance Among Medical Practitioners to Adopt AI-Based Technologies
Ambiguous Regulatory Guidelines for Medical Software
Challenge to Maintain Data Security
Opportunities
Untapped Potential in Emerging Markets
Chapter 6 Market Breakdown by Offering
Software
Market Size and Forecast
Services
Market Size and Forecast
Chapter 7 Market Breakdown by Technology
Machine Learning
Market Size and Forecast
Computer Vision
Market Size and Forecast
Chapter 8 AI in Genomics by Application
Diagnostics
Market Size and Forecast
Drug Discovery and Development
Process of Drug Discovery
History of Drug Discovery
Classification of Techniques Used in Drug Discovery
Market Size and Forecast
Others
Market Size and Forecast
Chapter 9 Market Breakdown by Region
Global Market for AI in Genomics by Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Chapter 10 Regulations and Finance
Regulatory Framework
American Diabetes Association's Standards of Medical Care in Diabetes
ATA Guidelines for Artificial Intelligence
Indian AI Guidelines, Strategy, and Standards
Chapter 11 Patent Review
Chapter 12 Competitive Landscape
Overview
Recent Developments
Chapter 13 Company Profiles
BENEVOLENTAI
DATA4CURE INC.
DEEP GENOMICS
DNANEXUS INC.
FDNA INC.
GENOOX
INTERNATIONAL BUSINESS MACHINES CORP. (IBM)
LIFEBIT
MICROSOFT CORP.
NVIDIA
SOPHIA GENETICS

List of Tables
Summary Table : Global Market for AI in Genomics, by Region, Through 2027
Table 1 : Cancer Statistics Across Major Asian Countries, by Cancer Site/Type, 2020
Table 2 : Global Market for AI in Genomics, by Offering, Through 2027
Table 3 : Global Market for AI in Genomics, by Technology, Through 2027
Table 4 : Global Market for AI in Genomics, by Application, Through 2027
Table 5 : History of Drug Discovery
Table 6 : Global Market for AI in Genomics, by Region, Through 2027
Table 7 : North American Market for AI in Genomics, by Offering, Through 2027
Table 8 : North American Market for AI in Genomics, by Technology, Through 2027
Table 9 : North American Market for AI in Genomics, by Application, Through 2027
Table 10 : North American Market for AI in Genomics, by Country, Through 2027
Table 11 : European Market for AI in Genomics, by Offering, Through 2027
Table 12 : European Market for AI in Genomics, by Technology, Through 2027
Table 13 : European Market for AI in Genomics, by Application, Through 2027
Table 14 : European Market for AI in Genomics, by Country, Through 2027
Table 15 : Asia-Pacific Market for AI in Genomics, by Offering, Through 2027
Table 16 : Asia-Pacific Market for AI in Genomics, by Technology, Through 2027
Table 17 : Asia-Pacific Market for AI in Genomics, by Application, Through 2027
Table 18 : Asia-Pacific Market for AI in Genomics, by Country, Through 2027
Table 19 : Number of New Cancer Cases in Japan in Both Sexes, 2020
Table 20 : Rest of the World Market for AI in Genomics, by Offering, Through 2027
Table 21 : Rest of the World Market for AI in Genomics, by Technology, Through 2027
Table 22 : Rest of the World Market for AI in Genomics, by Application, Through 2027
Table 23 : Regulations Pertaining AI Genomics in Select Countries
Table 24 : Analysis of Patents Related to AI in Genomics
Table 25 : Leading Market Players in the AI Genomics Market Ecosystem
Table 26 : BenevolentAI: Product Portfolio
Table 27 : Data4Cure: Product Portfolio
Table 28 : Deep Genomics: Product Portfolio
Table 29 : DNAnexus: Product Portfolio
Table 30 : FDNA Inc.: Product Portfolio
Table 31 : Genoox: Product Portfolio
Table 32 : IBM Corp.: Company Financials, 2020 and 2021
Table 33 : IBM: Product Portfolio
Table 34 : IBM Corp.: Company Strategic Developments, 2017-2019
Table 35 : Lifebit: Product Portfolio
Table 36 : Microsoft Corp.: Financials, 2019-2021
Table 37 : Microsoft Corp.: Product Portfolio
Table 38 : Microsoft Corp.: Strategies and Developments
Table 39 : Nvidia: Company Financials, 2019 and 2020
Table 40 : Nvidia: Product Portfolio
Table 41 : SOPHiA GENETICS: Product Portfolio

List of Figures
Summary Figure A : Global AI In Genomics Market, by Region, 2020-2027
Summary Figure B : Global Market Shares of AI in Genomics, by Region, 2021
Figure 1 : Global Funding in Health-Tech Companies
Figure 2 : Global Projections of Deaths from the Top Three Chronic Diseases, 2005-2030
Figure 3 : Increased Incidence of Cancer, 2012 and 2030
Figure 4 : Global Distribution of Deaths from Chronic Diseases, 2019
Figure 5 : Funding for Disease Research, 2014-2018
Figure 6 : Rising Trends in Healthcare Spending, by Institution, 2015-2035
Figure 7 : Global Market Shares of AI in Genomics, by Offering, 2021
Figure 8 : Global Market for AI in Genomics, by Offering, 2020-2027
Figure 9 : Global Market for Software in Software in an AI Systems, 2020-2027
Figure 10 : Global Market for AI Services, 2020-2027
Figure 11 : Global Market Shares of AI in Genomics, by Technology, 2021
Figure 12 : Global Market for AI in Genomics, by Technology, 2020-2027
Figure 13 : Global Market for Machine Learning, 2020-2027
Figure 14 : Global Market for Computer Vision, 2020-2027
Figure 15 : Global Market Shares of AI in Genomics, by Application, 2021
Figure 16 : Global Market for AI in Genomics, by Application, 2020-2027
Figure 17 : Global Market for AI in Diagnostics, 2020-2027
Figure 18 : Process of Drug Discovery
Figure 19 : Global Market for AI in Drug Discovery and Development, 2020-2027
Figure 20 : Global Market for Other Applications of AI in Genomics, 2020-2027
Figure 21 : Global Market Shares of AI in Genomics, by Region, 2021
Figure 22 : North American Market Shares of AI in Genomics, by Offering, 2021
Figure 23 : North American Market Shares of AI in Genomics, by Technology, 2021
Figure 24 : North American Market Shares of AI in Genomics, by Application, 2021
Figure 25 : North American Market Shares of AI in Genomics, by Country, 2021
Figure 26 : U.S. Market for AI in Genomics, 2020-2027
Figure 27 : Canadian Market for AI in Genomics, 2020-2027
Figure 28 : European Market Shares of AI in Genomics, by Offering, 2021
Figure 29 : European AI Genomics Market Shares, by Technology, 2021
Figure 30 : European Market Shares of AI in Genomics, by Application, 2021
Figure 31 : European Market Shares of AI in Genomics, by Country, 2021
Figure 32 : Geriatric Population in Germany, 2000-2030
Figure 33 : German Market for AI in Genomics, 2020-2027
Figure 34 : U.K. Market for AI in Genomics, 2020-2027
Figure 35 : French Market for AI in Genomics, 2020-2027
Figure 36 : Italian Market for AI in Genomics, 2020-2027
Figure 37 : Spanish Market for AI in Genomics, 2020-2027
Figure 38 : Rest of Europe Market for AI in Genomics, 2020-2027
Figure 39 : Asia-Pacific Market Shares of AI in Genomics, by Offering, 2021
Figure 40 : Asia-Pacific Market Shares of AI in Genomics, by Technology, 2021
Figure 41 : Asia-Pacific Market Shares of AI in Genomics, by Application, 2021
Figure 42 : Asia-Pacific Market Shares of AI in Genomics, by Country, 2021
Figure 43 : New Cancer Cases in China, 2020
Figure 44 : Distribution of New Cancer Cases in China, 2020
Figure 45 : Chinese Market for AI in Genomics, 2020-2027
Figure 46 : Japanese Market for AI in Genomics, 2020-2027
Figure 47 : Indian Market for AI in Genomics, 2020-2027
Figure 48 : Rest of Asia-Pacific Market for AI in Genomics, 2020-2027
Figure 49 : New Cancer Cases in Africa, 2020
Figure 50 : Rest of the World Market Shares of AI in Genomics, by Offering, 2021
Figure 51 : Rest of the World Market Shares of AI in Genomics, by Technology, 2021
Figure 52 : Rest of the World Market Shares of AI in Genomics, by Application, 2021
Figure 53 : Microsoft Corp.: Revenue Share, by Region/Country, 2021

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