Saudi Arabia Artificial Intelligence In Precision Medicine Market Size & Outlook
Saudi Arabia artificial intelligence in precision medicine market, 2017-2030 (US$M)
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Saudi Arabia artificial intelligence in precision medicine market highlights
- The Saudi Arabia artificial intelligence in precision medicine market generated a revenue of USD 17.7 million in 2022 and is expected to reach USD 191.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 34.7% 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 17.7 million |
| Market revenue in 2030 | USD 191.7 million |
| Growth rate | 34.7% (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, Saudi Arabia accounted for 1.4% 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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Saudi Arabia 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 33.9% in 2022. Horizon Databook has segmented the Saudi Arabia 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 prevalence of rare or chronic diseases and the rising elderly population in the Saudi Arabia region are resulting in a higher number of hospital admissions, generating a large amount of data.
Adopting AI in healthcare would make it easier for hospitals to provide patients with better and faster patient care services, easing the pressure on such facilities. Moreover, introducing AI in precision medicine is expected to result in tailor-made treatments for various diseases.
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Target buyers of Saudi Arabia artificial intelligence in precision medicine market databook
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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 Saudi Arabia artificial intelligence in precision medicine market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia artificial intelligence in precision medicine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia artificial intelligence precision medicine market report size, by technology, 2017-2030 (US$M)
Saudi Arabia Artificial Intelligence In Precision Medicine Market Outlook Share, 2022 & 2030 (US$M)
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