Artificial Intelligence-powered (AI) Spatial Biology Market Market to Record an Exponential CAGR by 2030 – Exclusive Report by InsightAce Analytic -…

JERSEY CITY, N.J., Aug. 30, 2022 /PRNewswire/ -- InsightAce Analytic Pvt. Ltd. announces the release of market assessment report on "Global Artificial Intelligence-powered (AI) Spatial Biology Market By Data Analyzed (DNA, RNA, and Protein) By Application (Translation Research, Drug Discovery and Development, Single Cell Analysis, Cell Biology, Clinical Diagnostics, and Other Applications) Technology Trends, Industry Competition Analysis, Revenue and Forecast Till 2030"

According to the latest research by InsightAce Analytic, the global artificial intelligence-powered (AI) spatial biology market is expected to record a promising CAGR of 16.4% during the period of 2022-2030. By region, North America dominates the global market with the major contribution in terms of revenue.

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In recent years, enormous advances in biological research and automated molecular biology have been gained using artificial intelligence (AI). AI has the ability to effectively assist in specific areas in biology, which may enable novel biotechnology-derived medicines to facilitate the deployment of precision medicine approaches. It is predicted that using AI on cell-by-cell maps of gene or protein activity will lead to major inventions in spatial biology. The next significant step in the comprehension of biology might be achieved by incorporating spatially resolved data. When applied to gene expression, spatial transcriptomics (spRNA-Seq) combines the strengths of conventional histopathology with those of single-cell gene expression profiling. Mapping specific disease pathologies is made possible by linking the spatial arrangement of molecules in cells and tissues with their gene expression state. Machine learning has the ability to generate images of gene transcripts at sub-cellular resolution and decipher molecular proximities from sequencing data.

Artificial Intelligence in spatial biology has gained faster development in sequencing and analysis, drug discovery, and disease diagnosis. Increased interest in AI in spatial biology can be attributed to the widespread use of similar technologies in other sectors and the growing popularity of increased use of Artificial Intelligence. Moreover, Market expansion can also be attributed to government spending on research around the world. The increasing demand for novel analysis analytical tools and subsequent funding has resulted in the market launch of high-throughput technology. However, Despite the availability of new high-complexity spatial imaging methods, it is still challenging and labour-intensive to extract, analyze, and interpret biological information from these images.

In 2021, the market was led by North America. Technological developments, the existence of a well-established research infrastructure and key players, and increased spending in drug discovery R&D are all factors contributing to the expansion of the regional market. Due to the region's large and growing demand from research and the pharmaceutical industry, North America is currently the largest market for artificial intelligence applications in spatial omics.

The major players operating in artificial intelligence-powered (AI) spatial biology market players areNucleai, Inc., Reveal Biosciences, Inc., Alpenglow Biosciences, SpIntellx, Inc., ONCOHOST, Pathr.ai, Phenomic AI, BioTuring Inc., Indica Labs, Rebus Biosystems, Inc., Genoskin, Algorithmic Biologics, Castle Biosciences, Inc. (TissueCypher), and Other Prominent Players. The leading spatial omics solution providers are focusing on strategies like investmenst for innovations, partnerships, collaborations, mergers, and agreements with AI based service providers.

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Key Developments In The Market

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Market Segments

Global Artificial Intelligence-powered (AI) Spatial Biology Market, by Data Analyzed, 2022-2030 (Value US$ Mn)

Global Artificial Intelligence-powered (AI) Spatial Biology Market, by Application, 2022-2030 (Value US$ Mn)

Global Artificial Intelligence-powered (AI) Spatial Biology Market, by Region, 2022-2030 (Value US$ Mn)

North America Artificial Intelligence-powered (AI) Spatial Biology Market, by Country, 2022-2030 (Value US$ Mn)

Europe Artificial Intelligence-powered (AI) Spatial Biology Market, by Country, 2022-2030 (Value US$ Mn)

Asia Pacific Artificial Intelligence-powered (AI) Spatial Biology Market, by Country, 2022-2030 (Value US$ Mn)

Latin America Artificial Intelligence-powered (AI) Spatial Biology Market, by Country, 2022-2030 (Value US$ Mn)

Middle East & Africa Artificial Intelligence-powered (AI) Spatial Biology Market, by Country, 2022-2030 (Value US$ Mn)

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Other Related Reports Published by InsightAce Analytic:

Global Spatial Omics Solutions Market

Global Proteome Profiling Services Market

Global Single-Cell Bioinformatics Software and Services Market

Global Oligonucleotide Synthesis, Modification, and Purification Services Market

Global Circulating Cell-Free DNA (ccfDNA) Diagnostics Market

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Artificial Intelligence-powered (AI) Spatial Biology Market Market to Record an Exponential CAGR by 2030 - Exclusive Report by InsightAce Analytic -...