AI in Genomics Market

The AI in genomics market involves applying artificial intelligence technologies, primarily machine learning and deep learning, to analyze and interpret vast amounts of genomic data. Key customers include pharmaceutical and biotech companies, healthcare providers, and research organizations who use these tools for applications like drug discovery and precision medicine. The market's growth is propelled by substantial funding for genomic data generation, the resulting explosion in data volume, and collaborative initiatives providing the necessary cloud computing and storage infrastructure.

CAGR

42.6%

Compound Annual Growth Rate

Current Value

$1.99B

Estimated 2026

Projected Value

$16.8B

By 2032

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