South Africa Artificial Intelligence In Precision Medicine Market Size & Outlook
South Africa artificial intelligence in precision medicine market, 2017-2030 (US$M)
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South Africa artificial intelligence in precision medicine market highlights
- The South Africa artificial intelligence in precision medicine market generated a revenue of USD 36.5 million in 2022 and is expected to reach USD 414.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 35.5% from 2023 to 2030.
- In terms of segment, deep learning was the largest revenue generating technology in 2022.
- Natural language processing is the most lucrative technology segment registering the fastest growth during the forecast period.
Artificial intelligence in precision medicine market data book summary
| Market revenue in 2022 | USD 36.5 million |
| Market revenue in 2030 | USD 414.7 million |
| Growth rate | 35.5% (CAGR from 2022 to 2030) |
| Largest segment | Deep learning |
| Fastest growing segment | Natural language processing |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Deep Learning, Querying Method, Natural language processing, Context aware processing |
| Key market players worldwide | BioXcel Therapeutics Inc, Sanofi SA, NVIDIA Corp, Alphabet Inc Class A, International Business Machines Corp, Microsoft Corp, Intel Corp, AstraZeneca PLC, GE HealthCare Technologies Inc Common Stock, Enlitic |
Other key industry trends
- In terms of revenue, South Africa accounted for 2.9% of the global artificial intelligence in precision medicine market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa artificial intelligence in precision medicine market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 121.6 million by 2030.
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Artificial Intelligence In Precision Medicine Market Scope
Artificial Intelligence In Precision Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa artificial intelligence in precision medicine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence in precision medicine market will help companies and investors design strategic landscapes.
Deep learning was the largest segment with a revenue share of 33.42% in 2024. Horizon Databook has segmented the South Africa artificial intelligence in precision medicine market based on deep learning, querying method, natural language processing, context aware processing covering the revenue growth of each sub-segment from 2017 to 2030.
The increase in cancer incidence globally is driving the region's market expansion. The rising adoption of sedentary lifestyle, as well as increased alcohol & cigarette use, are some of the other drivers fueling the market growth. The market is also expanding due to rising R&D spending.
The African Access Initiative (AAI), a collaboration of corporate and public organizations, focuses on addressing the cancer problem in South Africa by expanding access to cancer medicines & diagnostics and developing technologically innovative healthcare infrastructure.
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Our clientele includes a mix of artificial intelligence in precision medicine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa artificial intelligence in precision medicine market , including forecasts for subscribers. This country databook contains high-level insights into South Africa artificial intelligence in precision medicine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa artificial intelligence precision medicine market report size, by technology, 2017-2030 (US$M)
South Africa Artificial Intelligence In Precision Medicine Market Outlook Share, 2024 & 2030 (US$M)
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