Germany Artificial Intelligence In Precision Medicine Market Size & Outlook
Germany artificial intelligence in precision medicine market, 2017-2030 (US$M)
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Germany artificial intelligence in precision medicine market highlights
- The Germany artificial intelligence in precision medicine market generated a revenue of USD 76.4 million in 2022 and is expected to reach USD 912.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 36.3% 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 76.4 million |
| Market revenue in 2030 | USD 912.6 million |
| Growth rate | 36.3% (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, Germany accounted for 6.0% 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 Europe, UK artificial intelligence in precision medicine market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 999.4 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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Germany 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 33.77% in 2022. Horizon Databook has segmented the Germany 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 rising need for innovative medication development to treat the rising prevalence of cancer and other disorders in the region contributes to the market expansion in Germany. Furthermore, research partnerships, collaborations, acquisitions, and mergers with industry participants are expected to boost market expansion.
For instance, in February 2022, the Centers for Personalized Medicine in Germany and Genomic Medicine Sweden joined together to apply precision medicine in healthcare. Under their joint memorandum of understanding, the Centers for Customized Medicine (ZPM) and Genomic Medicine Sweden (GMS) will expand their cooperation.
The MoU states a shared desire to promote precision medicine in a supra-network created and developed by GMS and ZPM on a structural, content-specific, and strategic level. Implementing precision medicine in healthcare with equal access for patients across the nation or area is a shared overall objective of ZPM and GMS.
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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 Germany artificial intelligence in precision medicine market , including forecasts for subscribers. This country databook contains high-level insights into Germany artificial intelligence in precision medicine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany artificial intelligence precision medicine market report size, by technology, 2017-2030 (US$M)
Germany Artificial Intelligence In Precision Medicine Market Outlook Share, 2022 & 2030 (US$M)
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