The Generative AI In Biology Market is being driven by Imperative to enhance pharmaceutical productivity and reduce costs
The Generative AI In Biology Market is expected to grow at a CAGR of 29.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 386.4 million. The global generative AI in biology market is experiencing a significant shift towards the development of large, versatile foundation models, such as Large Language Models (LLMs), specifically trained on extensive biological data. This trend aligns with the broader AI industry's transition from creating narrow, single-purpose models to building general-purpose tools. By training models on the entire known universe of protein, DNA, and RNA sequences, we can teach them the fundamental language of life. These biological foundation models offer numerous applications, including generating novel protein structures, designing gene editing tools, predicting gene functions, and even creating new RNA therapeutics. This strategic shift towards versatile models holds immense potential for advancing the field of biology and driving innovation.
Get more information on Generative AI In Biology Market by requesting a sample report
The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
234 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 29.3% |
Market growth 2025-2029 |
USD 386.4 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
27.7 |
Key countries |
US, Canada, Germany, UK, France, Italy, China, Japan, India, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Generative AI in Biology market encompasses various applications of artificial intelligence (AI) and machine learning (ML) in biology. This includes protein engineering software, genetic algorithm applications, neural networks in biology, image recognition in biology, and AI-driven diagnostics. Additionally, it covers bioinformatics pipelines, genomic data visualization, biological network analysis, drug repurposing algorithms, clinical trial optimization, precision medicine solutions, synthetic biology tools, biotechnology automation, in silico experimentation, data mining in bioinformatics, machine learning biomarkers, computational neuroscience tools, AI-powered diagnostics tools, evolutionary computation in biology, bioinformatics algorithms, and omics data integration.
The Generative AI in Biology market is a segment of the larger IT application software industry, focusing on innovative solutions for protein structure prediction, drug design algorithms, genome sequence alignment, and gene editing software. This market caters to businesses and research institutions in the life sciences sector. According to Technavio, the global IT application software market encompasses companies providing various software solutions, excluding those specializing in interactive home entertainment or systems/database management software. Our analysis focuses on businesses developing and commercializing AI-driven tools for biology applications, contributing to the growth of this dynamic and significant market segment.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted