China Artificial Intelligence In Precision Medicine Market Size & Outlook
China artificial intelligence in precision medicine market, 2017-2030 (US$M)
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China artificial intelligence in precision medicine market highlights
- The China artificial intelligence in precision medicine market generated a revenue of USD 78.4 million in 2022 and is expected to reach USD 910.3 million by 2030.
- The China market is expected to grow at a CAGR of 35.9% 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 78.4 million |
| Market revenue in 2030 | USD 910.3 million |
| Growth rate | 35.9% (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, China accounted for 6.2% 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 Asia Pacific, China artificial intelligence in precision medicine market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 820.8 million by 2030.
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Artificial Intelligence In Precision Medicine Market Scope
Artificial Intelligence In Precision Medicine Market Companies
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China 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 33.8% in 2022. Horizon Databook has segmented the China 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.
China, with its blockchain technology, will significantly contribute to the region by taking the lead in adopting this technology in precision medicine. Blockchain has become evident with genetic data being collected in large quantities from numerous research projects. Moreover, several private institutes and government strategies are using technology for research in precision medicine.
China's Precision Medicine Initiative (PMI) acquires and accesses data for millions of individuals to improve healthcare, notably for cancer. China has reaffirmed its prioritization of precision medicine as a strategy for better healthcare outcomes by implementing the 13th Five-Year Plan.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China artificial intelligence in precision medicine market , including forecasts for subscribers. This country databook contains high-level insights into China artificial intelligence in precision medicine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China artificial intelligence precision medicine market report size, by technology, 2017-2030 (US$M)
China Artificial Intelligence In Precision Medicine Market Outlook Share, 2022 & 2030 (US$M)
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