Latin America Artificial Intelligence In Precision Medicine Market Size & Outlook
Latin America artificial intelligence in precision medicine market, 2017-2030 (US$M)
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Latin America artificial intelligence in precision medicine market highlights
- The Latin America artificial intelligence in precision medicine market generated a revenue of USD 139.0 million in 2022.
- The market is expected to grow at a CAGR of 35% 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.
- Country-wise, Colombia is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 139.0 million |
| Market revenue in 2030 | USD 1,534.0 million |
| Growth rate | 35% (CAGR from 2022 to 2030) |
| Largest segment | Deep learning |
| Fastest growing segment | Natural language processing |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 11.0% of the global artificial intelligence in precision medicine market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 4,129.5 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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Latin America 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 33.74% in 2022. Horizon Databook has segmented the Latin America 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.
Brazil is one of the first nations in the region to launch precision medicine initiatives. For example, the Brazilian Initiative on Precision Medicine is a joint project of many research institutions and dissemination hubs. Such activities are driving the development of the market for precision medicine.
Furthermore, Argentina introduced a precision medicine initiative grant in 2017 to build the scientific foundation and procedures required to implement precision medicine techniques in clinical settings. Three grants were offered, with the construction of a national biobank, cancer genomics, and the genetics of pediatric disorders as their main topics of study.
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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 continent-level data and insights on the Latin America artificial intelligence in precision medicine market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America artificial intelligence in precision medicine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America artificial intelligence precision medicine market report size, by country, 2017-2030 (US$M)
Latin America Artificial Intelligence In Precision Medicine Market Outlook Share, 2022 & 2030 (US$M)
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