Life Sciences Artificial Intelligence (AI) Market - Forecast (2021 - 2026)
The Life Sciences AI Market is estimated to surpass $239.1 million by 2024, growing at an estimated rate of 14% from 2018 to 2024. The AI in life science industry is majorly driven by the efforts put to develop automation systems, among others. Growing interests towards artificial intelligence is also set to propel the market growth in the future. Currently, Artificial Intelligence (AI) is in the growing stage, but it is showing significant growth in life sciences industry in the upcoming future due to rising application in initiating drug discovery and enhancement. As, Life Sciences are full of high-end processes, Artificial Intelligence is used to manage, gather and very nicely utilize all the structured and unstructured data. Implementing artificial intelligence with life sciences industry is growing rapidly, and now with the chance to transfer old processes over discovery, enhancement, manufacturing and regulation, to take medicines immediately to the patients. Very tough drug di...