Artificial Intelligence (AI) in Life Sciences Market Revenue 2025 to 2034
Artificial Intelligence (AI) in Life Sciences Market Revenue 2025 to 2034
Artificial Intelligence (AI) in Life Sciences Market (By Offering: Software, Hardware, and Services; By Deployment: On-Premise and Cloud; By Application: Medical Diagnosis, Drug Discovery, Precision & Personalized Medicine, Biotechnology, Clinical Trials, and Patient Monitoring; By Region: North America, Latin America, Europe, Asia-Pacific, and Middle & East Africa) Industry Size, Share, Growth, Trends 2025 to 2034.
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Revenue, 2025
USD 2.73 Bn
Forecast Year, 2034
USD 13.89 Bn
CAGR, 2025 - 2034
19.82%
Report Coverage
Worldwide
Published By
Saurabh Bidwai
Reviewed By
Aditi Shivarkar
Reviewed By
Aman Singh
The artificial intelligence (AI) in life sciences market is experiencing rapid growth, driven by rising adoption of AI-powered drug discovery, precision medicine, and clinical analytics. Valued at USD 2.73 billion in 2025, the market is projected to reach USD 13.89 billion by 2034, expanding at a strong CAGR of 19.82%.
Artificial Intelligence (AI) in Life Sciences Market Size Analysis
Artificial Intelligence (AI) in Life Sciences Market Size By Offering 2025 to 2034 (USD Billion)
| Offering | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| Software | 1.42 | 1.72 | 2.08 | 2.51 | 3.04 | 3.67 | 4.44 | 5.37 | 6.50 | 7.85 |
| Hardware | 0.49 | 0.58 | 0.69 | 0.82 | 0.97 | 1.15 | 1.36 | 1.61 | 1.90 | 2.25 |
| Services | 0.82 | 0.97 | 1.15 | 1.37 | 1.62 | 1.92 | 2.28 | 2.70 | 3.20 | 3.79 |
Artificial Intelligence (AI) in Life Sciences Market Size By Deployment 2025 to 2034 (USD Billion)
| Deployment | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| On Premise | 1.26 | 1.47 | 1.72 | 2.02 | 2.36 | 2.76 | 3.23 | 3.78 | 4.41 | 5.14 |
| Cloud | 1.47 | 1.80 | 2.20 | 2.68 | 3.27 | 3.98 | 4.85 | 5.90 | 7.19 | 8.76 |
Artificial Intelligence (AI) in Life Sciences Market Size By Region 2025 to 2034 (USD Billion)
| Region | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1.15 | 1.35 | 1.60 | 1.89 | 2.23 | 2.63 | 3.10 | 3.66 | 4.32 | 5.09 |
| Asia Pacific | 0.76 | 0.94 | 1.14 | 1.40 | 1.71 | 2.09 | 2.55 | 3.12 | 3.80 | 4.64 |
| Europe | 0.55 | 0.65 | 0.78 | 0.93 | 1.10 | 1.31 | 1.57 | 1.87 | 2.23 | 2.65 |
| LAMEA | 0.27 | 0.33 | 0.40 | 0.48 | 0.59 | 0.71 | 0.86 | 1.04 | 1.25 | 1.52 |
Artificial Intelligence (AI) in Life Sciences Market Size to Attain USD 13.89 Billion by 2034
The artificial intelligence (ai) in Life Sciences market size accounted for USD 2.73 billion in 2025 and is predicted to touch around USD 13.89 billion by 2034 at a CAGR of 19.82%.
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