Australia Ai In Genomics Market Size & Outlook, 2023-2030

The ai in genomics market in Australia is expected to reach a projected revenue of US$ 271.2 million by 2030. A compound annual growth rate of 46.2% is expected of Australia ai in genomics market from 2024 to 2030.
Revenue, 2023 (US$M)
$19.0
Forecast, 2030 (US$M)
$271.2
CAGR, 2024 - 2030
46.2%
Report Coverage
Australia

Australia ai in genomics market highlights

  • The Australia ai in genomics market generated a revenue of USD 19.0 million in 2023 and is expected to reach USD 271.2 million by 2030.
  • The Australia market is expected to grow at a CAGR of 46.2% from 2024 to 2030.
  • In terms of segment, drug discovery & development was the largest revenue generating application in 2023.
  • Precision Medicine is the most lucrative application segment registering the fastest growth during the forecast period.

Ai in genomics market data book summary

Market revenue in 2023USD 19.0 million
Market revenue in 2030USD 271.2 million
Growth rate46.2% (CAGR from 2023 to 2030)
Largest segmentDrug discovery & development
Fastest growing segmentPrecision Medicine
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDrug Discovery & Development, Precision Medicine, Diagnotics
Key market players worldwideInternational Business Machines Corp, Microsoft Corp, NVIDIA Corp, Freenome, Thermo Fisher Scientific Inc, Illumina Inc, Sophia Genetics SA, Benevolent AI, Deep Genomics, Data4Cure, Fabric Genomics (formerly Omicia)

Other key industry trends

  • In terms of revenue, Australia accounted for 2.7% of the global ai in genomics market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China ai in genomics market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 708.2 million by 2030.

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AI In Genomics Market Scope

Ai in genomics market segmentation & scope

AI In Genomics Market Companies

Name Profile # Employees HQ Website

Australia ai in genomics 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 ai in genomics market will help companies and investors design strategic landscapes.


Drug discovery & development was the largest segment with a revenue share of 33.16% in 2023. Horizon Databook has segmented the Australia ai in genomics market based on drug discovery & development, precision medicine, diagnotics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia AI In Genomics Application Outlook (Revenue, USD Million, 2018-2030)
    • Consumer Electronics
    • Healthcare
    • Automotive
    • Military & Defense
    • Media & Entertainment
    • Drug Discovery & Development
    • Precision Medicine
    • Diagnotics
    • Others
    • Drug Optimization & Repurposing
    • Preclinical Testing
    • Orthopedics
    • Neurology
    • Urology
    • Gynecology
  • Australia AI In Genomics Component Outlook (Revenue, USD Million, 2018-2030)
    • Processor
    • Connectivity IC
    • Sensors
    • Software
    • Hardware
    • Services
  • Australia AI In Genomics Technology Outlook (Revenue, USD Million, 2018-2030)
    • Machine Learning
    • Computer Vision
  • Australia AI In Genomics Functionality Type Outlook (Revenue, USD Million, 2018-2030)
    • Genome Sequencing
    • Gene Editing
    • Others
  • Australia AI In Genomics End Use Outlook (Revenue, USD Million, 2018-2030)
    • Pharmaceutical & Biotechnology
    • Healthcare Providers
    • Research Centers
    • Others

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Target buyers of Australia ai in genomics market databook

  • Our clientele includes a mix of ai in genomics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Australia ai in genomics market , including forecasts for subscribers. This country databook contains high-level insights into Australia ai in genomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia ai in genomics market size, by application, 2018-2030 (US$M)

Australia AI In Genomics Market Outlook Share, 2023 & 2030 (US$M)

Australia ai in genomics market size, by application, 2018-2030 (US$M)

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