The global ai in life science analytics market size is expected to reach USD 4,067.97 million by 2032, according to a new study by Polaris Market Research. The report “AI In Life Science Analytics Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Hardware, Services); By Deployment; By Application; By End-user; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising prevalence of AI adoption in clinical trials all over the world is expected to become a major driving force for the market over the forecast period. Pharma firms have been investing in the development of AI solutions that assist to read or scan big datasets faster and more precisely help in the growth of the market. Also, massive expenditures made by US-based pharmaceutical corporations in drug research and clinical trials help in the growth of the market.
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IQVIA established an AI-powered contact center for the life sciences, in September 2021, allowing enterprises to communicate regarding their recent products while also monitoring product safety & quality. In order to prioritize and answer inquiries, the center employs AI-enabled virtual agents in addition to human specialists. Sorcero announced the release of Clarity in March 2022, which gives the medical affairs team an integrated perspective across all areas of scientific interaction. Furthermore, medical teams may monitor and track medical material at scale using Sorcero's powerful analytics.
AI In Life Science Analytics Market Report Highlights
Polaris Market Research has segmented the AI in life science analytics market report based on component, deployment, application, end-use, and region:
AI In Life Science Analytics, Component Outlook (Revenue, USD Million, 2019-2032)
AI In Life Science Analytics, Deployment Outlook (Revenue, USD Million, 2019-2032)
AI In Life Science Analytics, Application Outlook (Revenue, USD Million, 2019-2032)
AI In Life Science Analytics, End-user Outlook (Revenue, USD Million, 2019-2032)
AI In Life Science Analytics, Regional Outlook (Revenue - USD Million, 2019-2032)