According to some estimates, the generative artificial intelligence (Generative AI) market for clinical trials worldwide will exceed one billion U.S. dollars by 2032. Compared to 140 million dollars in 2022, that would be a compound annual growth rate of nearly 24 percent. Generative AI in clinical trials includes: clinical trial design, outcome prediction, adverse event detection, data imputation and denoising, data generation, and other applications. Compared to traditional AI, generative AI is considered the next generation of AI which is much more creative and can actually generate something new.
Global market for generative AI in clinical trials from 2022 to 2032
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
MarketResearch.biz. (June 19, 2023). Global market for generative AI in clinical trials from 2022 to 2032 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1428771/generative-ai-in-clinical-trials-market-worldwide/
MarketResearch.biz. "Global market for generative AI in clinical trials from 2022 to 2032 (in million U.S. dollars)." Chart. June 19, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1428771/generative-ai-in-clinical-trials-market-worldwide/
MarketResearch.biz. (2023). Global market for generative AI in clinical trials from 2022 to 2032 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1428771/generative-ai-in-clinical-trials-market-worldwide/
MarketResearch.biz. "Global Market for Generative Ai in Clinical Trials from 2022 to 2032 (in Million U.S. Dollars)." Statista, Statista Inc., 19 Jun 2023, https://www.statista.com/statistics/1428771/generative-ai-in-clinical-trials-market-worldwide/
MarketResearch.biz, Global market for generative AI in clinical trials from 2022 to 2032 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1428771/generative-ai-in-clinical-trials-market-worldwide/ (last visited December 03, 2024)
Global market for generative AI in clinical trials from 2022 to 2032 (in million U.S. dollars) [Graph], MarketResearch.biz, June 19, 2023. [Online]. Available: https://www.statista.com/statistics/1428771/generative-ai-in-clinical-trials-market-worldwide/
