Global AI in Omics Studies Market is driven by Rapid Advancements

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The Global AI in omics Studies Market is estimated to be valued at US$ 639.8 MN in 2024 and is expected to exhibit a CAGR of 32% over the forecast period 2024 To 2031.

The Global AI in Omics Studies market involves the integration of artificial intelligence algorithms into omics research platforms and tools to gain insights from large and complex multi-omics datasets. Omics studies focus on the -omics approaches which include genome sequencing, transcriptomics, proteomics and metabolomics to understand biological systems. AI in omics enables researchers to analyze massive genomic, proteomic and other biomedical data through machine learning techniques to discover biomarkers, identify drug targets and gain insights into disease mechanisms. The AI in omics market is growing significantly as machine learning algorithms help analyze patterns in huge datasets that are difficult to interpret through traditional statistics.

Key Takeaways

Key players operating in the Global AI in Omics Studies market are Thermo Fisher Scientific, Agilent Technologies, Illumina, BGI Genomics, Dassault Systèmes, Qiagen, Waters Corporation, GE Healthcare, Amazon Web Services, Inc., Bruker, and Danaher.

The Global AI in Omics Studies Market Size is witnessing high demand due to the growing applications of big data analytics and machine learning in genomic and multi-omics research. Research organizations and pharmaceutical companies are widely adopting AI platforms to accelerate drug discovery.

The market is also expanding globally with increasing investments by players to develop AI-powered precision medicine solutions and multi-omics integrative platforms. Players are focusing on partnerships and acquisitions for geographical expansions.

Market Drivers

Rapid advancements in cloud computing and data storage technologies have enabled large-scale storage and analysis of voluminous omics datasets. Cloud-based AI solutions provide easy access to massive computational power for researchers to train sophisticated deep learning models on biomedical data. This is a major factor fueling the growth of the global AI in omics studies market.

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