Machine Learning In Pharmaceutical Industry Market Big Changes To Have Big Impact

Machine learning is a subset of artificial intelligence that involves the use of algorithms and statistical models to enable computer systems to learn from data and make predictions or decisions without being explicitly programmed. It has significant opportunities in the pharmaceutical industry market, especially in the area of predictive analytics. Machine learning algorithms can analyze vast amounts of patient data, including genetic data, medical records, and lifestyle factors, to identify patterns and predict how different patients will respond to different treatments. The global machine learning in the pharmaceutical industry market is estimated to generate $26.2 billion by 2031, manifesting a CAGR of 37.9% from 2022 to 2031.