AI in Life Science Analytics Market Size

  • Report ID: 6453
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

AI in Life Science Analytics Market Size

AI in Life Science Analytics Market size is estimated at USD 1.5 billion in 2024 and is predicted to exceed USD 6.5 billion by the end of 2037, registering over 11.8% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of AI in life science analytics is evaluated at USD 1.7 billion.

AI-driven analytics are booming the life science sector by offering accurate and reliable data interpretation which further aids in drug discovery and clinical trials. The integration of life science tools with natural language processing and automation is gaining traction across the world.

Cloud-based solutions are anticipated to exhibit high demand throughout the forecasted period and capture a revenue share of 55.5% through 2037. Cloud’s flexibility, cost-effectiveness, and scalability are the prime pointers driving their adoption among end users. Many cloud-based solutions offer access to several advanced AI tools and platforms that accelerate development in life science. Also, several modern cloud-based solutions are enabled with advanced security features and compliance certifications, which help life science organizations protect vital data and meet regulatory requirements. For instance, in 2023, Google Cloud revealed the launch of next-gen AI-powered life sciences solutions Target and Lead Identification Suite and Multiomics Suite. These solutions are aiding scientists in identifying the function of amino acids more effectively and in discovering and interpreting genomic data for personalized treatment.


AI in Life Science Analytics Market Overview
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Author Credits:  Abhishek Verma


  • Report ID: 6453
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Expanding at a CAGR of 11.8%, the global market is expected to increase from USD 1.5 billion in 2024 to USD 6.5 billion by 2037.

Some of the leading companies are IBM Corporation, Indegene, Lexalytics, Google, Inc., and AiCure LLC.

The services segment is estimated to capture a strong 52.5% of the market share through 2037.

North America is expected to hold 44.5% of the global market share through 2037.
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