The global AI in precision medicine market is anticipated to grow at a CAGR of 19.2% during the forecast period. Several methods use a machine learning (ML) model to categorize genes as tumor suppressors, oncogenes, or neutral genes. Both known oncogenes and tumor-suppressor genes, such as TP53 and PIK3CA, were successfully predicted by using an AI-based precision medicine techniques. For instance,
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• In July 2022, IIT Madras, the Indian Institute of Technology Researchers developed the 'PIVOT' technology, utilizing an AI platform to forecast an individual's cancer-causing genes. In the end, this instrument will support the development of personalized cancer treatment regimens. "PIVOT," developed by IIT Madras researchers, aims to pinpoint the genes that are most likely to influence a person's risk of developing cancer.
• In June 2023, The new PrimateAI-3D AI tool from Illumina Inc., a DNA sequencing and array-based technology, correctly predicts disease-causing genetic alterations in patients with previously unheard-of accuracy. Understanding and modifying the genetic code will soon be possible with the development of new tools like high-performance computers for genomic analytics and artificial intelligence that can foresee three-dimensional protein models.
• In May 2023, Google Cloud launched two artificial intelligence-powered technologies that are designed to accelerate drug discovery including the multi-omics suite and the target and lead identification suite. Using the target and lead identification suite, researchers may forecast protein structure and ascertain how amino acids work. A clinical decision support tool, the solution enhances AI-driven precision psychiatry and is expected to improve care for millions of patients globally.
• In October 2022, An AI-driven precision psychiatry solution that predicts treatment effectiveness for depression will be available to doctors through a partnership between Taliaz, an Israeli digital health company dedicated to treating mental health concerns, and Cerba, the specialized clinical pathology reference.
Global Artificial Intelligence (AI) in Precision Medicine Market Report Segment
By Component
- Hardware
- Software and Services
By Treatment
- Oncology
- Neurology
- Cardiology
- Respiratory
By Application
- Drug Discovery & Repurposing
- Clinical Research Trial
- Personalized Medicine
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Artificial Intelligence (AI) in Precision Medicine Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
· Alphabet Inc.
· AstraZeneca
· Atomwise Inc.
· Berg LLC
· BioXcel Therapeutics Inc.
· Enlitic Inc.
· GE Healthcare
· IBM Corp.
· Insilico Medicine
· Modernizing Medicine Inc.
· Novo Nordisk A/S
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