Global Artificial Intelligence In Life Sciences Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Offering;

Software, Hardware, and Services

By Deployment;

On-Premise and Cloud

By Application;

Drug Discovery, Medical Diagnosis, Biotechnology, Clinical Trails, Precision & Personalized Medicine, and Patient Monitoring

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn204514974 Published Date: May, 2025 Updated Date: June, 2025

Artificial Intelligence In Life Sciences Market Overview

Artificial Intelligence In Life Sciences Market (USD Million)

Artificial Intelligence In Life Sciences Market was valued at USD 2,293.62 million in the year 2024. The size of this market is expected to increase to USD 8,266.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 20.1%.


Global Artificial Intelligence In Life Sciences Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 20.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)20.1 %
Market Size (2024)USD 2,293.62 Million
Market Size (2031)USD 8,266.51 Million
Market ConcentrationLow
Report Pages357
2,293.62
2024
8,266.51
2031

Major Players

  • IBM Corporation
  • NuMedii Inc
  • Atomwise Inc
  • AiCure LLC
  • Nuance Communications Inc
  • Sensely Inc
  • Sophia Genetics SA
  • Insilico Medicine Inc
  • Enlitic Inc
  • APIXIO Inc
  • Zebra Medical Vision
  • TwoXAR Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Artificial Intelligence In Life Sciences Market

Fragmented - Highly competitive market without dominant players


The Artificial Intelligence in Life Sciences Market is gaining traction as more life sciences organizations embrace AI to streamline processes like drug discovery and clinical research. Approximately 55% of pharmaceutical firms are now utilizing AI to speed up innovation and improve development workflows. This digital evolution is reshaping the way life sciences functions at a core level.

Smarter Clinical Trials and Medical Diagnostics
The application of AI in clinical trials and diagnostics is yielding promising outcomes. Over 42% of clinical research entities rely on AI tools for participant selection, real-time monitoring, and data evaluation. In diagnostics, AI enhances imaging interpretation and pattern recognition, supporting faster and more accurate diagnoses.

Operational Innovation through Automation
Intelligent automation is playing a pivotal role in transforming operational workflows across the life sciences space. Roughly 38% of companies have implemented AI-based systems to enhance productivity and reduce manual workloads. These AI solutions are empowering organizations to make smarter decisions and streamline internal operations.

AI-Powered Innovation Driving Market Potential
The rise of AI innovation in life sciences continues to gain momentum, with nearly 46% of sectoral R&D budgets now focused on AI technologies. From robotics to natural language processing, this trend is paving the way for highly specialized applications and a more intelligent healthcare future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Offering
    2. Market Snapshot, By Deployment
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Artificial Intelligence In Life Sciences Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Accelerated Drug Discovery and Development
        2. Precision Medicine and Personalized Healthcare
        3. Improved Patient Care and Clinical Outcomes
        4. Advanced Diagnostics and Imaging
        5. Enhanced Research and Development Efficiency
      2. Restraints
        1. Data Privacy and Security Concerns
        2. Regulatory Hurdles and Compliance Challenges
        3. Ethical and Legal Implications
        4. Lack of Standardization and Interoperability
        5. Complexity of AI Integration with Existing Systems
      3. Opportunities
        1. Drug Repurposing and Optimization
        2. Personalized Medicine and Targeted Therapies
        3. Real-World Data Analytics and Evidence Generation
        4. Predictive Analytics for Disease Prevention
        5. Remote Patient Monitoring and Telehealth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Artificial Intelligence In Life Sciences Market, By Offering, 2021 - 2031 (USD Million)

      1. Software

      2. Hardware

      3. Services

    2. Artificial Intelligence In Life Sciences Market, By Deployment, 2021 - 2031 (USD Million)

      1. On-Premise

      2. Cloud

    3. Artificial Intelligence In Life Sciences Market, By Application, 2021 - 2031 (USD Million)
      1. Drug Discovery
      2. Medical Diagnosis
      3. Biotechnology
      4. Clinical Trails
      5. Precision and Personalized Medicine
      6. Patient Monitoring
    4. Artificial Intelligence In Life Sciences Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. IBM Corporation
      2. NuMedii Inc
      3. Atomwise Inc
      4. AiCure LLC
      5. Nuance Communications Inc
      6. Sensely Inc
      7. Sophia Genetics SA
      8. Insilico Medicine Inc
      9. Enlitic Inc
      10. APIXIO Inc
      11. Zebra Medical Vision
      12. TwoXAR Inc
  7. Analyst Views
  8. Future Outlook of the Market