The North America Artificial Intelligence In Precision Medicine Market would witness market growth of 31.7% CAGR during the forecast period (2022-2028).
The market is growing as a consequence of increased elderly populations, rapid technological breakthroughs in healthcare, and rising respiratory illness rates. The sector will rise in part due to the rising popularity of therapeutic respiratory devices such as oxygen concentrators, nebulizers, and humidifiers.
The respiratory segment is anticipated to develop as respiratory conditions, including sleep apnea and chronic obstructive pulmonary disease, become more common. 3.23 million people worldwide will pass away in 2019 from moderate and severe chronic obstructive pulmonary diseases, according to WHO forecasts (COPD).
Major corporations are using partnerships and collaborations more frequently as a means of preserving their market position. For instance, Intel and the Perelman School of Medicine at the University of Pennsylvania worked together to develop an AI model that aids in the early diagnosis of brain tumors.
Demand for the market in the United States is anticipated to be driven by the high adoption rate of AI technologies throughout healthcare and pharma, the substantial presence of leading AI software and system suppliers, and the merged investment by government and private organizations in the improvement and growth of research and development activities. The nation's strong infrastructure, which can accommodate cutting-edge medical solutions, is likely to help it eventually take the lead in the regional market.
The US market dominated the North America Artificial Intelligence in Precision Medicine Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,549.5 Million by 2028.The Canada market is poised to grow at a CAGR of 34.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 33.5% during (2022 - 2028).
Based on Application, the market is segmented into Oncology, Cardiology, Neurology, Respiratory and Others. Based on Component, the market is segmented into Software, Hardware and Service. Based on Technology, the market is segmented into Deep Learning, Natural Language Processing, Querying Method and Context Aware Processing. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Artificial Intelligence In Precision Medicine Market is Predict to reach $6.3 Billion by 2028, at a CAGR of 32.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co. (GE Healthcare), Sanofi S.A., NVIDIA Corporation, Intel Corporation, Microsoft Corporation, IBM Corporation, Google LLC (Alphabet Inc.), AstraZeneca PLC, and Tempus, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Oncology
- Cardiology
- Neurology
- Respiratory
- Others
By Component
- Software
- Hardware
- Service
By Technology
- Deep Learning
- Natural Language Processing
- Querying Method
- Context Aware Processing
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co. (GE Healthcare)
- Sanofi S.A.
- NVIDIA Corporation
- Intel Corporation
- Microsoft Corporation
- IBM Corporation
- Google LLC (Alphabet Inc.)
- AstraZeneca PLC
- Tempus, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Artificial Intelligence in precision Medicine Market, by Application
1.4.2 North America Artificial Intelligence in precision Medicine Market, by Component
1.4.3 North America Artificial Intelligence in precision Medicine Market, by Technology
1.4.4 North America Artificial Intelligence in precision Medicine Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Jan – 2022, Nov) Leading Players
Chapter 4. North America Artificial Intelligence in Precision Medicine Market by Application
4.1 North America Oncology Market by Country
4.2 North America Cardiology Market by Country
4.3 North America Neurology Market by Country
4.4 North America Respiratory Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Artificial Intelligence in Precision Medicine Market by Component
5.1 North America Software Market by Country
5.2 North America Hardware Market by Country
5.3 North America Service Market by Country
Chapter 6. North America Artificial Intelligence in Precision Medicine Market by Technology
6.1 North America Deep Learning Market by Country
6.2 North America Natural Language Processing Market by Country
6.3 North America Querying Method Market by Country
6.4 North America Context Aware Processing Market by Country
Chapter 7. North America Artificial Intelligence in Precision Medicine Market by Country
7.1 US Artificial Intelligence in Precision Medicine Market
7.1.1 US Artificial Intelligence in Precision Medicine Market by Application
7.1.2 US Artificial Intelligence in Precision Medicine Market by Component
7.1.3 US Artificial Intelligence in Precision Medicine Market by Technology
7.2 Canada Artificial Intelligence in Precision Medicine Market
7.2.1 Canada Artificial Intelligence in Precision Medicine Market by Application
7.2.2 Canada Artificial Intelligence in Precision Medicine Market by Component
7.2.3 Canada Artificial Intelligence in Precision Medicine Market by Technology
7.3 Mexico Artificial Intelligence in Precision Medicine Market
7.3.1 Mexico Artificial Intelligence in Precision Medicine Market by Application
7.3.2 Mexico Artificial Intelligence in Precision Medicine Market by Component
7.3.3 Mexico Artificial Intelligence in Precision Medicine Market by Technology
7.4 Rest of North America Artificial Intelligence in Precision Medicine Market
7.4.1 Rest of North America Artificial Intelligence in Precision Medicine Market by Application
7.4.2 Rest of North America Artificial Intelligence in Precision Medicine Market by Component
7.4.3 Rest of North America Artificial Intelligence in Precision Medicine Market by Technology
Chapter 8. Company Profiles
8.1 General Electric (GE) Co. (GE Healthcare)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Google LLC (Alphabet Inc.)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Intel Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Microsoft Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 SWOT Analysis
8.5 IBM Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 NVIDIA Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.6 SWOT Analysis
8.7 AstraZeneca PLC
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 Sanofi S.A.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.9 Tempus, Inc.
8.9.1 Company Overview
TABLE 1 North America Artificial Intelligence in Precision Medicine Market, 2018 - 2021, USD Million
TABLE 2 North America Artificial Intelligence in Precision Medicine Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Artificial Intelligence In Precision Medicine Market
TABLE 4 Product Launches And Product Expansions– Artificial Intelligence In Precision Medicine Market
TABLE 5 North America Artificial Intelligence in Precision Medicine Market by Application, 2018 - 2021, USD Million
TABLE 6 North America Artificial Intelligence in Precision Medicine Market by Application, 2022 - 2028, USD Million
TABLE 7 North America Oncology Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Oncology Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Cardiology Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Cardiology Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Neurology Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Neurology Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Respiratory Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Respiratory Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Artificial Intelligence in Precision Medicine Market by Component, 2018 - 2021, USD Million
TABLE 18 North America Artificial Intelligence in Precision Medicine Market by Component, 2022 - 2028, USD Million
TABLE 19 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Service Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Service Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Artificial Intelligence in Precision Medicine Market by Technology, 2018 - 2021, USD Million
TABLE 26 North America Artificial Intelligence in Precision Medicine Market by Technology, 2022 - 2028, USD Million
TABLE 27 North America Deep Learning Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Deep Learning Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Natural Language Processing Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Natural Language Processing Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Querying Method Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Querying Method Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Context Aware Processing Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Context Aware Processing Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Artificial Intelligence in Precision Medicine Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Artificial Intelligence in Precision Medicine Market by Country, 2022 - 2028, USD Million
TABLE 37 US Artificial Intelligence in Precision Medicine Market, 2018 - 2021, USD Million
TABLE 38 US Artificial Intelligence in Precision Medicine Market, 2022 - 2028, USD Million
TABLE 39 US Artificial Intelligence in Precision Medicine Market by Application, 2018 - 2021, USD Million
TABLE 40 US Artificial Intelligence in Precision Medicine Market by Application, 2022 - 2028, USD Million
TABLE 41 US Artificial Intelligence in Precision Medicine Market by Component, 2018 - 2021, USD Million
TABLE 42 US Artificial Intelligence in Precision Medicine Market by Component, 2022 - 2028, USD Million
TABLE 43 US Artificial Intelligence in Precision Medicine Market by Technology, 2018 - 2021, USD Million
TABLE 44 US Artificial Intelligence in Precision Medicine Market by Technology, 2022 - 2028, USD Million
TABLE 45 Canada Artificial Intelligence in Precision Medicine Market, 2018 - 2021, USD Million
TABLE 46 Canada Artificial Intelligence in Precision Medicine Market, 2022 - 2028, USD Million
TABLE 47 Canada Artificial Intelligence in Precision Medicine Market by Application, 2018 - 2021, USD Million
TABLE 48 Canada Artificial Intelligence in Precision Medicine Market by Application, 2022 - 2028, USD Million
TABLE 49 Canada Artificial Intelligence in Precision Medicine Market by Component, 2018 - 2021, USD Million
TABLE 50 Canada Artificial Intelligence in Precision Medicine Market by Component, 2022 - 2028, USD Million
TABLE 51 Canada Artificial Intelligence in Precision Medicine Market by Technology, 2018 - 2021, USD Million
TABLE 52 Canada Artificial Intelligence in Precision Medicine Market by Technology, 2022 - 2028, USD Million
TABLE 53 Mexico Artificial Intelligence in Precision Medicine Market, 2018 - 2021, USD Million
TABLE 54 Mexico Artificial Intelligence in Precision Medicine Market, 2022 - 2028, USD Million
TABLE 55 Mexico Artificial Intelligence in Precision Medicine Market by Application, 2018 - 2021, USD Million
TABLE 56 Mexico Artificial Intelligence in Precision Medicine Market by Application, 2022 - 2028, USD Million
TABLE 57 Mexico Artificial Intelligence in Precision Medicine Market by Component, 2018 - 2021, USD Million
TABLE 58 Mexico Artificial Intelligence in Precision Medicine Market by Component, 2022 - 2028, USD Million
TABLE 59 Mexico Artificial Intelligence in Precision Medicine Market by Technology, 2018 - 2021, USD Million
TABLE 60 Mexico Artificial Intelligence in Precision Medicine Market by Technology, 2022 - 2028, USD Million
TABLE 61 Rest of North America Artificial Intelligence in Precision Medicine Market, 2018 - 2021, USD Million
TABLE 62 Rest of North America Artificial Intelligence in Precision Medicine Market, 2022 - 2028, USD Million
TABLE 63 Rest of North America Artificial Intelligence in Precision Medicine Market by Application, 2018 - 2021, USD Million
TABLE 64 Rest of North America Artificial Intelligence in Precision Medicine Market by Application, 2022 - 2028, USD Million
TABLE 65 Rest of North America Artificial Intelligence in Precision Medicine Market by Component, 2018 - 2021, USD Million
TABLE 66 Rest of North America Artificial Intelligence in Precision Medicine Market by Component, 2022 - 2028, USD Million
TABLE 67 Rest of North America Artificial Intelligence in Precision Medicine Market by Technology, 2018 - 2021, USD Million
TABLE 68 Rest of North America Artificial Intelligence in Precision Medicine Market by Technology, 2022 - 2028, USD Million
TABLE 69 Key Information – General Electric (GE) Co.
TABLE 70 Key Information – Google LLC
TABLE 71 Key Information – Intel Corporation
TABLE 72 key information – Microsoft Corporation
TABLE 73 Key information – IBM Corporation
TABLE 74 Key Information – NVIDIA Corporation
TABLE 75 KEY INFORMATION – AstraZeneca PLC
TABLE 76 Key Information – Sanofi S.A.
TABLE 77 Key Information – Tempus, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Jan – 2022, Nov) Leading Players
FIG 6 Recent strategies and developments: General Electric (GE) Co. (GE Healthcare)
FIG 7 Swot analysis: General electric (GE) Co.
FIG 8 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 9 SWOT analysis: Intel corporation
FIG 10 SWOT Analysis: Microsoft Corporation
FIG 11 Swot analysis: IBM Corporation
FIG 12 SWOT Analysis: NVIDIA Corporation