Artificial Intelligence in Bioinformatics: Key Insights and Forecasts
Tuesday, 17 September 2024, 14:59
Understanding Artificial Intelligence in Bioinformatics
With the rapid advancement of technology, Artificial Intelligence has emerged as a revolutionary component in bioinformatics. The bioinformatics market is notably valued at USD 7.49 Billion as of 2023.
Applications of Artificial Intelligence
- Genomic Research and Analysis
- Drug Discovery
- Personalized Medicine
Deployment Modes
- On-Premises Solutions
- Cloud-Based Platforms
This sector anticipates a growth rate of more than 14.03% from 2024 to 2032. The expected surge will largely arise due to increased investments in AI technologies and the rising demand for efficient data management solutions in healthcare.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.