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Artificial Intelligence (AI) in Life Sciences Market: Trends and Forecast to 2040 | Market to Reach USD 73.05 Billion at 20% CAGR as Drug Discovery and Precision Medicine Scale

GlobeNewswire Inc.·
Artificial Intelligence (AI) in Life Sciences Market: Trends and Forecast to 2040 | Market to Reach USD 73.05 Billion at 20% CAGR as Drug Discovery and Precision Medicine Scale

The global AI in life sciences market is projected to expand from USD 5.69 billion in 2026 to USD 73.05 billion by 2040, driven by accelerating drug discovery, precision medicine adoption, and clinical trial optimization. AI technologies including machine learning, computer vision, and natural language processing are enabling faster R&D, reduced costs, and improved diagnostic accuracy. However, challenges include high development costs, data privacy concerns, AI bias, and regulatory validation requirements.

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