Global Markets for Machine Learning in the Life Sciences
September 13, 2022
BCC Research
136
PDF
Global Markets for Machine Learning in the Life Sciences
Abstract Report Scope:
This report highlights the current and future market potential for machine learning in life sciences and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities and trends in the market. The report also covers market projections from 2022 through 2027 and profiles key market players. BCC Research analyzes each technology in detail, determines major players and current market status, and presents forecasts of growth over the next five years. Scientific challenges and advances, including the latest trends, are highlighted. Government regulations, major collaborations, recent patents and factors affecting the industry from a global perspective are examined.
Key machine learning in life sciences technologies and products are analyzed to determine present and future market status, and growth is forecast from 2022 to 2027. An in-depth discussion of strategic alliances, industry structures, competitive dynamics, patents and market driving forces is also provided.
Report Includes:
- 32 data tables and 28 additional tables - A comprehensive overview and up-to-date analysis of the global markets for machine learning in life sciences industry - Analyses of the global market trends, with historic market revenue data for 2020 and 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027 - Highlights of the current and future market potential for ML in life sciences application, and areas of focus to forecast this market into various segments and sub-segments - Estimation of the actual market size for machine learning in life sciences in USD million values, and corresponding market share analysis based on solutions offering, mode of deployment, application, and geographic region - Updated information on key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence this market demand in the coming years (2022-2027) - Discussion of the viable technology drivers through a holistic review of various platform technologies for new and existing applications of machine learning in the life sciences areas - Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues - Emphasis on the major growth strategies adopted by leading players of the global machine learning in life sciences market, their product launches, key acquisitions, and competitive benchmarking - Profile descriptions of the leading market players, including Alteryx Inc., Canon Medical Systems Corp., Hewlett Packard Enterprise (HPE), KNIME AG, Microsoft Corp., and Phillips Healthcare
Content Table of Contents
Chapter 1 Introduction 1.1 Study Goals and Objectives 1.2 Reasons for Doing the Study 1.3 Intended Audience 1.4 Scope and Format 1.5 Methodology 1.6 Information Sources 1.7 Geographical Breakdown 1.8 Analyst's Credentials 1.9 BCC Custom Research 1.10 Related BCC Research Reports Chapter 2 Summary and Highlights Chapter 3 Market Overview 3.1 Introduction 3.1.1 Understanding Artificial Intelligence in Healthcare 3.1.2 Artificial Intelligence in Healthcare Evolution and Transition Chapter 4 Impact of the COVID-19 Pandemic 4.1 Introduction 4.1.1 Impact of COVID-19 on the Market Chapter 5 Market Dynamics 5.1 Market Drivers 5.1.1 Investment in AI Health Sector 5.1.2 Rising Chronic Diseases 5.1.3 Advanced, Precise Results 5.1.4 Increasing Research and Development Budget 5.2 Market Restraints and Challenges 5.2.1 Reluctance Among Medical Practitioners to Adopt AI-Based Technologies 5.2.2 Privacy and Security of User Data 5.2.3 Hackers and Machine Learning 5.2.4 Ambiguous Regulatory Guidelines for Medical Software 5.3 Market Opportunities 5.3.1 Untapped Potential in Emerging Markets 5.4 Value Chain Analysis Chapter 6 Market Breakdown by Offering 6.1 Software 6.1.1 Market Size and Forecast 6.2 Services 6.2.1 Market Size and Forecast Chapter 7 Market Breakdown by Deployment Mode 7.1 Cloud 7.1.1 Market Size and Forecast 7.2 On-premises 7.2.1 Market Size and Forecast Chapter 8 Market Breakdown by Application 8.1 Diagnosis 8.1.1 Market Size and Forecast 8.2 Therapy 8.2.1 Market Size and Forecast 8.3 Healthcare Management 8.3.1 Market Size and Forecast Chapter 9 Market Breakdown by Region 9.1 Global Market 9.2 North America 9.2.1 U.S. 9.2.1 Canada 9.3 Europe 9.3.1 Germany 9.3.2 U.K. 9.3.3 France 9.3.4 Italy 9.3.5 Spain 9.3.6 Rest of Europe 9.4 Asia-Pacific 9.4.1 China 9.4.2 Japan 9.4.3 India 9.4.4 Rest of Asia-Pacific 9.5 Rest of the World Chapter 10 Regulations and Finance 10.1 Regulatory Framework 10.1.1 American Diabetes Association's Standards of Medical Care in Diabetes 10.1.2 ATA Guidelines for Artificial Intelligence 10.1.3 Indian AI Guidelines, Strategy, and Standards Chapter 11 Competitive Landscape 11.1 Overview 11.1.1 Development 11.1.2 Cloud 11.1.3 Users 11.1.4 Parent Market: Global Artificial Intelligence Market Chapter 12 Company Profiles ALTERYX INC. ANACONDA, INC. CANON MEDICAL SYSTEMS CORP. ENLITIC INC. HEWLETT PACKARD ENTERPRISE (HPE) IMAGEN TECHNOLOGIES IBM CORP. INTEL CORP. KNIME AG MICROSOFT CORP. NVIDIA ORACLE CORP. PHILIPS HEALTHCARE SAS INSTITUTE INC.
List of Tables Summary Table : Global Market for Machine Learning in the Life Sciences, by Region, Through 2027 Table 1 : Regional User Data Privacy Acts Table 2 : Cancer Statistics Across Major Asian Countries, by Cancer Site/Type, 2020 Table 3 : Global Market for Machine Learning in the Life Sciences, by Offering, Through 2027 Table 4 : Global Market for Software in Machine Learning in the Life Sciences, by Region, Through 2027 Table 5 : Global Market for Services in Machine Learning in the Life Sciences, by Region, Through 2027 Table 6 : Global Market for Machine Learning in the Life Sciences, by Deployment Mode, Through 2027 Table 7 : Global Market for Cloud Deployment in Machine Learning in the Life Sciences, by Region, Through 2027 Table 8 : Global Market for On-premise Deployment of Machine Learning in the Life Sciences, by Region, Through 2027 Table 9 : Global Market for Machine Learning in the Life Sciences, by Application, Through 2027 Table 10 : Global Market for Machine Learning in Diagnostic Applications, by Region, Through 2027 Table 11 : Global Market for Machine Learning in Therapeutic Applications, by Region, Through 2027 Table 12 : Global Market for Machine Learning in Healthcare Management Applications, by Region, Through 2027 Table 13 : Global Market for Machine Learning in the Life Sciences, by Region, Through 2027 Table 14 : North American Market for Machine Learning in the Life Sciences, by Offering, Through 2027 Table 15 : North American Market for Machine Learning in the Life Sciences, by Deployment Mode, Through 2027 Table 16 : North American Market for Machine Learning in the Life Sciences, by Application, Through 2027 Table 17 : North American Market for Machine Learning in the Life Sciences, by Country, Through 2027 Table 18 : European Market for Machine Learning in the Life Sciences, by Offering, Through 2027 Table 19 : European Market for Machine Learning in the Life Sciences, by Deployment Mode, Through 2027 Table 20 : European Market for Machine Learning in the Life Sciences, by Application, Through 2027 Table 21 : European Market for Machine Learning in the Life Sciences, by Country, Through 2027 Table 22 : Asia-Pacific Market for Machine Learning in the Life Sciences, by Offering, Through 2027 Table 23 : Asia-Pacific Market for Machine Learning in the Life Sciences, by Deployment Mode, Through 2027 Table 24 : Asia-Pacific Market for Machine Learning in the Life Sciences, by Application, Through 2027 Table 25 : Asia-Pacific Market for Machine Learning in the Life Sciences, by Country, Through 2027 Table 26 : Number of New Cancer Cases in Japan, by Cancer Type/Site, 2020 Table 27 : Rest of the World Market for Machine Learning in the Life Sciences, by Offering, Through 2027 Table 28 : Rest of the World Market for Machine Learning in the Life Sciences, by Deployment Mode, Through 2027 Table 29 : Rest of the World Market for Machine Learning in the Life Sciences, by Application, Through 2027 Table 30 : Regulations Pertaining to the Market for Machine Learning in the Life Sciences, by Select Countries Table 31 : Alteryx: Products and Services Table 32 : Alteryx: Recent Developments, 2020–2021 Table 33 : Anaconda, Inc.: Products and Services Table 34 : Anaconda, Inc.: Recent Developments, 2021 Table 35 : Canon Medical: Company Financials, 2019 and 2020 Table 36 : Canon Medical: Product Portfolio Table 37 : Canon Medical: Strategies and Development, 2020–2021 Table 38 : Enlitic Inc.: Product Portfolio Table 39 : HPE: Products and Services Table 40 : HPE: Recent Developments, 2020–2021 Table 41 : Imagen: Product Portfolio Table 42 : IBM Corp.: Products and Services Table 43 : IBM Corp.: Recent Developments, 2020–2021 Table 44 : Intel Corp.: Products and Services Table 45 : Intel Corp.: Recent Developments, 2020–2021 Table 46 : Knime AG: Products and Services Table 47 : Knime AG: Recent Developments, 2020 Table 48 : Microsoft Corp.: Products and Services Table 49 : Microsoft Corp.: Recent Developments, 2020-2021 Table 50 : Nvidia: Company Financials, 2019 and 2020 Table 51 : Nvidia: Product Portfolio Table 52 : Nvidia: Recent Development, 2020 Table 53 : Oracle Corp.: Products and Services Table 54 : Oracle Corp.: Recent Developments, 2021 Table 55 : Phillips Healthcare: Company Financials, 2019 and 2020 Table 56 : Philips Healthcare: Product Portfolio Table 57 : Phillips Healthcare: Strategies and Development, 2020–2021 Table 58 : SAS Institute, Inc.: Products and Services Table 59 : SAS Institute, Inc.: Recent Developments, 2020-2021
This report highlights the current and future market potential for machine learning in life sciences and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities and trends in the market. The report also covers market projections from 2022 through 2027 and profiles key market players. BCC Research analyzes each technology in detail, determines major players and current market status, and presents forecasts of growth over the next five years. Scientific challenges and advances, including the latest trends, are highlighted. Government regulations, major collaborations, recent patents and factors affecting the industry from a global perspective are examined.
Key machine learning in life sciences technologies and products are analyzed to determine present and future market status, and growth is forecast from 2022 to 2027. An in-depth discussion of strategic alliances, industry structures, competitive dynamics, patents and market driving forces is also provided.
Report Includes:
- 32 data tables and 28 additional tables - A comprehensive overview and up-to-date analysis of the global markets for machine learning in life sciences industry - Analyses of the global market trends, with historic market revenue data for 2020 and 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027 - Highlights of the current and future market potential for ML in life sciences application, and areas of focus to forecast this market into various segments and sub-segments - Estimation of the actual market size for machine learning in life sciences in USD million values, and corresponding market share analysis based on solutions offering, mode of deployment, application, and geographic region - Updated information on key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence this market demand in the coming years (2022-2027) - Discussion of the viable technology drivers through a holistic review of various platform technologies for new and existing applications of machine learning in the life sciences areas - Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues - Emphasis on the major growth strategies adopted by leading players of the global machine learning in life sciences market, their product launches, key acquisitions, and competitive benchmarking - Profile descriptions of the leading market players, including Alteryx Inc., Canon Medical Systems Corp., Hewlett Packard Enterprise (HPE), KNIME AG, Microsoft Corp., and Phillips Healthcare
Table of Contents
Chapter 1 Introduction 1.1 Study Goals and Objectives 1.2 Reasons for Doing the Study 1.3 Intended Audience 1.4 Scope and Format 1.5 Methodology 1.6 Information Sources 1.7 Geographical Breakdown 1.8 Analyst's Credentials 1.9 BCC Custom Research 1.10 Related BCC Research Reports Chapter 2 Summary and Highlights Chapter 3 Market Overview 3.1 Introduction 3.1.1 Understanding Artificial Intelligence in Healthcare 3.1.2 Artificial Intelligence in Healthcare Evolution and Transition Chapter 4 Impact of the COVID-19 Pandemic 4.1 Introduction 4.1.1 Impact of COVID-19 on the Market Chapter 5 Market Dynamics 5.1 Market Drivers 5.1.1 Investment in AI Health Sector 5.1.2 Rising Chronic Diseases 5.1.3 Advanced, Precise Results 5.1.4 Increasing Research and Development Budget 5.2 Market Restraints and Challenges 5.2.1 Reluctance Among Medical Practitioners to Adopt AI-Based Technologies 5.2.2 Privacy and Security of User Data 5.2.3 Hackers and Machine Learning 5.2.4 Ambiguous Regulatory Guidelines for Medical Software 5.3 Market Opportunities 5.3.1 Untapped Potential in Emerging Markets 5.4 Value Chain Analysis Chapter 6 Market Breakdown by Offering 6.1 Software 6.1.1 Market Size and Forecast 6.2 Services 6.2.1 Market Size and Forecast Chapter 7 Market Breakdown by Deployment Mode 7.1 Cloud 7.1.1 Market Size and Forecast 7.2 On-premises 7.2.1 Market Size and Forecast Chapter 8 Market Breakdown by Application 8.1 Diagnosis 8.1.1 Market Size and Forecast 8.2 Therapy 8.2.1 Market Size and Forecast 8.3 Healthcare Management 8.3.1 Market Size and Forecast Chapter 9 Market Breakdown by Region 9.1 Global Market 9.2 North America 9.2.1 U.S. 9.2.1 Canada 9.3 Europe 9.3.1 Germany 9.3.2 U.K. 9.3.3 France 9.3.4 Italy 9.3.5 Spain 9.3.6 Rest of Europe 9.4 Asia-Pacific 9.4.1 China 9.4.2 Japan 9.4.3 India 9.4.4 Rest of Asia-Pacific 9.5 Rest of the World Chapter 10 Regulations and Finance 10.1 Regulatory Framework 10.1.1 American Diabetes Association's Standards of Medical Care in Diabetes 10.1.2 ATA Guidelines for Artificial Intelligence 10.1.3 Indian AI Guidelines, Strategy, and Standards Chapter 11 Competitive Landscape 11.1 Overview 11.1.1 Development 11.1.2 Cloud 11.1.3 Users 11.1.4 Parent Market: Global Artificial Intelligence Market Chapter 12 Company Profiles ALTERYX INC. ANACONDA, INC. CANON MEDICAL SYSTEMS CORP. ENLITIC INC. HEWLETT PACKARD ENTERPRISE (HPE) IMAGEN TECHNOLOGIES IBM CORP. INTEL CORP. KNIME AG MICROSOFT CORP. NVIDIA ORACLE CORP. PHILIPS HEALTHCARE SAS INSTITUTE INC.
List of Tables Summary Table : Global Market for Machine Learning in the Life Sciences, by Region, Through 2027 Table 1 : Regional User Data Privacy Acts Table 2 : Cancer Statistics Across Major Asian Countries, by Cancer Site/Type, 2020 Table 3 : Global Market for Machine Learning in the Life Sciences, by Offering, Through 2027 Table 4 : Global Market for Software in Machine Learning in the Life Sciences, by Region, Through 2027 Table 5 : Global Market for Services in Machine Learning in the Life Sciences, by Region, Through 2027 Table 6 : Global Market for Machine Learning in the Life Sciences, by Deployment Mode, Through 2027 Table 7 : Global Market for Cloud Deployment in Machine Learning in the Life Sciences, by Region, Through 2027 Table 8 : Global Market for On-premise Deployment of Machine Learning in the Life Sciences, by Region, Through 2027 Table 9 : Global Market for Machine Learning in the Life Sciences, by Application, Through 2027 Table 10 : Global Market for Machine Learning in Diagnostic Applications, by Region, Through 2027 Table 11 : Global Market for Machine Learning in Therapeutic Applications, by Region, Through 2027 Table 12 : Global Market for Machine Learning in Healthcare Management Applications, by Region, Through 2027 Table 13 : Global Market for Machine Learning in the Life Sciences, by Region, Through 2027 Table 14 : North American Market for Machine Learning in the Life Sciences, by Offering, Through 2027 Table 15 : North American Market for Machine Learning in the Life Sciences, by Deployment Mode, Through 2027 Table 16 : North American Market for Machine Learning in the Life Sciences, by Application, Through 2027 Table 17 : North American Market for Machine Learning in the Life Sciences, by Country, Through 2027 Table 18 : European Market for Machine Learning in the Life Sciences, by Offering, Through 2027 Table 19 : European Market for Machine Learning in the Life Sciences, by Deployment Mode, Through 2027 Table 20 : European Market for Machine Learning in the Life Sciences, by Application, Through 2027 Table 21 : European Market for Machine Learning in the Life Sciences, by Country, Through 2027 Table 22 : Asia-Pacific Market for Machine Learning in the Life Sciences, by Offering, Through 2027 Table 23 : Asia-Pacific Market for Machine Learning in the Life Sciences, by Deployment Mode, Through 2027 Table 24 : Asia-Pacific Market for Machine Learning in the Life Sciences, by Application, Through 2027 Table 25 : Asia-Pacific Market for Machine Learning in the Life Sciences, by Country, Through 2027 Table 26 : Number of New Cancer Cases in Japan, by Cancer Type/Site, 2020 Table 27 : Rest of the World Market for Machine Learning in the Life Sciences, by Offering, Through 2027 Table 28 : Rest of the World Market for Machine Learning in the Life Sciences, by Deployment Mode, Through 2027 Table 29 : Rest of the World Market for Machine Learning in the Life Sciences, by Application, Through 2027 Table 30 : Regulations Pertaining to the Market for Machine Learning in the Life Sciences, by Select Countries Table 31 : Alteryx: Products and Services Table 32 : Alteryx: Recent Developments, 2020–2021 Table 33 : Anaconda, Inc.: Products and Services Table 34 : Anaconda, Inc.: Recent Developments, 2021 Table 35 : Canon Medical: Company Financials, 2019 and 2020 Table 36 : Canon Medical: Product Portfolio Table 37 : Canon Medical: Strategies and Development, 2020–2021 Table 38 : Enlitic Inc.: Product Portfolio Table 39 : HPE: Products and Services Table 40 : HPE: Recent Developments, 2020–2021 Table 41 : Imagen: Product Portfolio Table 42 : IBM Corp.: Products and Services Table 43 : IBM Corp.: Recent Developments, 2020–2021 Table 44 : Intel Corp.: Products and Services Table 45 : Intel Corp.: Recent Developments, 2020–2021 Table 46 : Knime AG: Products and Services Table 47 : Knime AG: Recent Developments, 2020 Table 48 : Microsoft Corp.: Products and Services Table 49 : Microsoft Corp.: Recent Developments, 2020-2021 Table 50 : Nvidia: Company Financials, 2019 and 2020 Table 51 : Nvidia: Product Portfolio Table 52 : Nvidia: Recent Development, 2020 Table 53 : Oracle Corp.: Products and Services Table 54 : Oracle Corp.: Recent Developments, 2021 Table 55 : Phillips Healthcare: Company Financials, 2019 and 2020 Table 56 : Philips Healthcare: Product Portfolio Table 57 : Phillips Healthcare: Strategies and Development, 2020–2021 Table 58 : SAS Institute, Inc.: Products and Services Table 59 : SAS Institute, Inc.: Recent Developments, 2020-2021