Singapore Artificial Intelligence In Precision Medicine Market Size & Outlook

The artificial intelligence in precision medicine market in Singapore is expected to reach a projected revenue of US$ 192.2 million by 2030. A compound annual growth rate of 36.4% is expected of Singapore artificial intelligence in precision medicine market from 2023 to 2030.
Revenue, 2022 (US$M)
$16.0
Forecast, 2030 (US$M)
$192.2
CAGR, 2023 - 2030
36.4%
Report Coverage
Singapore

Singapore artificial intelligence in precision medicine market, 2017-2030 (US$M)

Singapore

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Singapore artificial intelligence in precision medicine market highlights

  • The Singapore artificial intelligence in precision medicine market generated a revenue of USD 16.0 million in 2022 and is expected to reach USD 192.2 million by 2030.
  • The Singapore market is expected to grow at a CAGR of 36.4% 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 2022USD 16.0 million
Market revenue in 2030USD 192.2 million
Growth rate36.4% (CAGR from 2022 to 2030)
Largest segmentDeep learning
Fastest growing segmentNatural language processing
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDeep Learning, Querying Method, Natural language processing, Context aware processing
Key market players worldwideBioXcel 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, Singapore accounted for 1.3% 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 Companies

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Singapore 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 33.75% in 2022. Horizon Databook has segmented the Singapore 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 market is expanding due to factors such as the continued rise in demand for AI assistants, the expansion of operations in the healthcare industry, the introduction of advanced technology for drug discovery, and the development of tailored medication.

Moreover, several market players are moving into the local market to build a collection of AI capabilities. Numerous competitors have entered the personalized medicine market because of the rapid developments of advanced technologies and their growing use in the healthcare sector.

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  • Our clientele includes a mix of artificial intelligence in precision medicine 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the Singapore artificial intelligence in precision medicine market , including forecasts for subscribers. This country databook contains high-level insights into Singapore artificial intelligence in precision medicine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Singapore artificial intelligence precision medicine market report size, by technology, 2017-2030 (US$M)

Singapore Artificial Intelligence In Precision Medicine Market Outlook Share, 2022 & 2030 (US$M)

Singapore artificial intelligence precision medicine market report size, by technology, 2017-2030 (US$M)

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