AI in Clinical and Molecular Diagnostics Market

Report Code: BIO261A

Publish Date: Oct 2024

Publisher: BCC Publishing

Category: Cell Biology

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Report Highlights

The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.

Report Includes

  • 27 data tables and 41 additional tables
  • An analysis of the current and future global markets for AI in clinical and molecular diagnostics
  • Analyses of global market trends, with market revenue data (sales figures) for 2021-2023, estimates for 2024, and projected CAGRs through 2029
  • Estimates of the market size and revenue forecasts for the global market for AI in clinical and molecular diagnostics, with market share analysis by type of services, devices, and region
  • Discussion of the rising prevalence of chronic diseases, and technological advances in biomarker discovery, disease progression prediction, and personalized treatment strategies
  • Discussions of the market dynamics, opportunities and challenges, as well as emerging technologies
  • Overview of the sustainability trends and ESG developments in the industry, with emphasis on the ESG practices of leading companies, their ESG scores, and consumer attitudes
  • Competitive intelligence, including companies’ market shares, recent M&A activity and venture funding
  • Profiles of the leading companies, including Siemens Healthineers AG, F. Hoffmann-La Roche Ltd., Koninklijke Philips N.V., Fujifilm Holdings Corp., and Merative

Report Scope

This report on the global market for AI in clinical and molecular diagnostics entails a comprehensive analysis of the market size, growth trends and segmentation by technology and application. It examines drivers, challenges and opportunities influencing the adoption of AI technologies in clinical and molecular diagnostics, focusing on specific applications in imaging, genomics and laboratory diagnostics. The report provides perspectives on the competitive environment, featuring profiles of leading companies and their strategic initiatives, as well as regional analyses that address the specific market dynamics in North America, Europe, Asia-Pacific, and the Rest of the World (RoW), which in this report includes Latin America and the Middle East and Africa. It also identifies emerging trends, such as the integration of AI in personalized medicine and telehealth. This report is an essential reference for stakeholders, including healthcare providers, technology developers and policymakers, seeking to navigate and capitalize on the evolving AI landscape in diagnostics.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $2.3 billion
Market size forecast $8.9 billion
Growth rate CAGR of 27.6% for the forecast period of 2024-2029
Units considered $ Millions
Segments covered Type, Component, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World
Countries covered U.S., Canada, Mexico, Germany, France, U.K., Italy, Russia, Spain, China, India, Japan, Australia, Singapore, South Korea, Latin America, Middle East and Africa
Key Market Drivers
  • Investment in the AI health sector
  • Increasing prevalence of chronic and infectious diseases
  • Introduction of software with AI
  • Opportunities in developing markets
Companies studied
ATOMWISE INC.F. HOFFMANN-LA ROCHE LTD.
FUJIFILM HOLDINGS CORP.GE HEALTHCARE
ILLUMINA INC.KONINKLIJKE PHILIPS N.V.
MEDTRONIC MICROSOFT
SIEMENS HEALTHINEERS AGTHERMO FISHER SCIENTIFIC INC.
BUTTERFLY NETWORK INC.ENLITIC INC.
INTEL CORP.MERATIVE
NVIDIA CORP.QURE.AI
SYNAPSICA HEALTHCARE PVT LTD.
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Frequently Asked Questions (FAQs)

The market is projected to grow from $2.3 billion in 2023 and is expected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period.
The AI in clinical and molecular diagnostics market is segmented based on type, component, and region.
By type, molecular diagnostics is anticipated to contribute the highest share in the market by the end of 2029.
Software has the fastest growing market.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: AI in Clinical and Molecular Diagnostics Market112Free
Chapter- 1: Executive Summary4Free
Chapter- 2: Market Overview8Free
Chapter- 3: Market Dynamics13Free
Chapter- 4: Regulatory Structure3Free
Chapter- 5: Emerging Technologies and Developments 2Free
Chapter- 6: Market Segmentation Analysis30Free
Chapter- 7: Competitive Intelligence2Free
Chapter- 8: Sustainability in AI in Clinical and Molecular Diagnostics: An ESG Perspective3Free
Chapter- 9: Appendix47Free

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This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 68

  • Summary Table: Global Market for AI in Clinical and Molecular Diagnostics, by Type, Through 2029
  • Summary Table: Global Market for AI in Clinical and Molecular Diagnostics, by Region, Through 2029
  • Table 1: Regulations Pertaining to AI Medical Diagnostics
  • Table 2: Global Market for AI in Clinical and Molecular Diagnostics, Through 2029
  • Table 3: Global Market for AI in Clinical and Molecular Diagnostics, by Type, Through 2029
  • Table 4: Global Market for AI in Molecular Diagnostics, by Application, Through 2029
  • Table 5: Incidence of Cancer, by Region, 2022
  • Table 6: Number of DALYs for Neurological Disorders and Share of Global DALYs Projected for 2005 and 2030
  • Table 7: Global Market for AI in Molecular Diagnostics, by Product Type, Through 2029
  • Table 8: Global Market for AI in Clinical Diagnostics, by Test, Through 2029
  • Table 9: Global Market for AI in Clinical Diagnostics, by Product, Through 2029
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