UK Artificial Intelligence In Precision Medicine Market Size & Outlook
UK artificial intelligence in precision medicine market, 2017-2030 (US$M)
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UK artificial intelligence in precision medicine market highlights
- The UK artificial intelligence in precision medicine market generated a revenue of USD 83.0 million in 2022 and is expected to reach USD 999.4 million by 2030.
- The UK market is expected to grow at a CAGR of 36.5% 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 83.0 million |
| Market revenue in 2030 | USD 999.4 million |
| Growth rate | 36.5% (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, UK accounted for 6.6% 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
| Name | Profile | # Employees | HQ | Website |
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UK 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 33.86% in 2022. Horizon Databook has segmented the UK 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 incidence of rare diseases is expected to accelerate the market expansion in the country. The development of several therapeutic activities and individualized medical treatments has been made possible by advancements in our understanding and correlation of the properties of the human genome.
In February 2020, Benevolent AI, an AI startup based in the UK, published two studies, one in The Lancet and one in The Lancet Infectious Diseases, identifying authorized medications that might obstruct the SARS-CoV-2 virus's ability to replicate.
The company's AI system found six drugs that successfully block a cellular route that let the virus enter cells to replicate new virus particles using a massive collection of medical data, including data gathered from the scientific literature by ML.
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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 UK artificial intelligence in precision medicine market , including forecasts for subscribers. This country databook contains high-level insights into UK artificial intelligence in precision medicine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK artificial intelligence precision medicine market report size, by technology, 2017-2030 (US$M)
UK Artificial Intelligence In Precision Medicine Market Outlook Share, 2022 & 2030 (US$M)
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