Towards Healthcare
Generative AI In Life Sciences Market Rises at 20.82% CAGR by 2034

Generative AI In Life Sciences Market Next Frontier in Drug Discovery and Precision Medicine

Market insights predict the global generative AI in life sciences industry will increase from USD 250 million in 2024 to USD 1,657.02 million by 2034, achieving a CAGR of 20.82%. Around the world, the generative AI in life sciences market is driven by its rapid adoption in different sectors, such as drug discovery, clinical trials, and other significant areas in life sciences. Whereas, North America led the market in 2024, due to beneficial investments by private and public sectors in AI and R&D, and favourable regulatory environments that accelerate innovations.

Category: Healthcare IT Insight Code: 5735 Format: PDF / PPT / Excel

The global generative AI in life sciences market size is calculated at US$ 250 in 2024, grew to US$ 302.05 million in 2025, and is projected to reach around US$ 1,657.02 million by 2034. The market is expanding at a CAGR of 20.82% between 2025 and 2034.

The global generative AI in life sciences market is impacted by the growing demand for personalized medicine, the need to boost drug development, and the integration of AI with breakthrough technologies for laboratory digitalization. Nowadays, this market has numerous opportunities for the future are identification of potential drug candidates in drug discovery, analysis of vast datasets of patient information and trial designs in clinical trials, and also in diagnostic areas as they improve efficiency, reduce cost, and provide more precise results.

Generative AI In Life Sciences Market Size 2024 - 2034

Key Takeaways

  • Generative AI in life sciences market to cross USD 250 Million in 2024.
  • Market projected at USD 1,657.02 Million by 2034.
  • CAGR of 20.82% expected in between 2025 to 2034.
  • North America held the major revenue share of the market by 42% in 2024.
  • Asia Pacific is expected to be the fastest-growing region in 2025-2034.
  • By technology, the novel molecule generation segment led the market in 2024.
  • By technology, the protein sequence design segment is expected to grow significantly in the upcoming years.
  • By application, the drug discovery segment dominated by capturing the largest revenue share of the market in 2024.
  • By application, the clinical trial segment is expected to grow at the fastest CAGR over the projected period.

Key Metrics and Overview

Metric Details
Market Size in 2025 USD 302.05 Million
Projected Market Size in 2034 USD 1,657.02 Million
CAGR (2025 - 2034) 20.82%
Leading Region North America share 42%
Market Segmentation By Technology, By Application, By Region
Top Key Players IBM Corporation, AiCure LLC, MosaicMLNVIDIA, Insilico Medicine Inc., Writer, HealthArk, Indegene, Microsoft

Market Overview

By using AI algorithms in life sciences develops new data, including virtual compounds, images, or text, is developed to escalate drug discovery, optimize clinical trials, and improve patient care. In the present era, the rising approaches in drug discovery, a growing adoption of personalized medicines, and increasing efforts to streamline processes are driving the generative AI in life sciences market growth. Basically, the generative AI is employed in novel drug target identification, which more rapidly supports in analysis of a huge amount of data and estimating efficient therapeutic applications. As well as, GenAI enables designing and screening potential drug candidates more effectively, resulting in a faster drug discovery process.

  • In February 2025, Healthcare Capital, the investment arm of the Kauvery Hospital Group, invested in the Gurugram-based health-tech innovator Lifesigns to advance AI-based patient monitoring. (Source- eHealth)
  • In February 2025, Amazon Web Services (AWS) and Memorial Sloan Kettering Cancer Center (MSK) made a partnership focused on harnessing AI and high-performance computing (HPC) for clinical and drug research. (Source- First Word Pharma)
  • In December 2024, Bluenote, a CA-based Gen AI platform for life sciences industries, invested $10M in financing. (Source- Finsmes)
  • In November 2024, Nxera Pharma, formerly called Sosei Group or Sosei Heptares, and Antiverse, a techbio company designing antibodies for challenging targets, collaborated to create antibodies for G-protein coupled receptors (GPCRs) by using GenAI. (Source- Globenewswire)

Market Dynamics

Driver

Accelerating Demand in Different Areas and Raising Patient Care

The generative AI in life sciences market is experiencing major growth driven by the growing utilization of GenAI in numerous areas. As Gen AI supports in analysis of a large volume of datasets of chemical compounds, biological interactions, and genetic data in drug discovery, it can optimize clinical trial designs, increase patient recruitment, and simplify the data analysis. Along with this, GenAI supports treatment strategies to develop personalized medicines and anticipates the disease progression in patients by monitoring patient health, resulting in an enhancement in patient care.

Restraint

Merging Concerns Related to Data Privacy and Security

As GenAI depends on huge datasets, which often comprise sensitive patient information, leading to a rise in risks to data privacy and security. Although its models assume biases from the training data, they increasingly result in wrong or unfair outcomes. To prevent bias, careful data selection and model training are needed.

Opportunity

Escalating Approaches in Drug Discovery and Clinical Trials

In drug discovery, GenAI assists in the identification of new drug targets, estimation of protein structure, and boosting preclinical research. This also supports simplifying clinical trial design, patient recruitment, and data analysis, which results in rapid and more effective clinical trials. Moreover, GenAI enables the analysis of patient data to develop customized treatment strategies, enhancing outcomes and minimizing side effects.

Segmental Insights

Why did the Novel Molecule Generation Segment Dominate the Market in 2024?

By technology, the novel molecule generation segment held the dominant revenue share of the market in 2024. The dominance occurred due to GenAI enabling transformation in drug discovery by designing novel molecules with specific properties. This carried through the application of AI models, which can create novel molecular structures, anticipate their properties, and even design molecules that are directly employed in drug development. Ultimately, lessens expenses, enhances drug discovery, and optimizes the process effectiveness.

By technology, the protein sequence design segment is expected to grow at a significant rate during the forecast period in the generative AI in life science market. The segment is showing significant growth due to GenAI transforms protein sequence design, providing a robust novel approach to engineering proteins with certain characteristics and functions, such as those related to growth factors, and else therapeutic targets. Overall, it escalates the process of evolving novel biotherapeutics.

How did the Drug Discovery Segment Hold the Major Revenue Share of the Market in 2024?

By application, the drug discovery segment dominated generative AI in life science market, due to the rising acquisition of generative AI technologies and the potential for rapid, more potential, and inexpensive drug development. AI, especially generative AI, is revolutionizing drug discovery by providing the design of novel molecular structures, enhancing drug candidates, and accelerating the comprehensive drug development process.

By application, the clinical trial segment is expected to grow fastest in the upcoming years. GenAI algorithms enable automation in tasks, analysis of huge volume datasets, and the determination of patterns, resulting in faster and more effective clinical trials. It also enhances trial design, assumes outcomes, and clarifies eligibility criteria, leading to strong and correct results.

Regional Insights

Generative AI In Life Sciences Market NA, EU, APAC, LA, MEA Share, 2024 (%)

Why did North America Dominate the Generative AI in Life Science Market in 2024?

North America held the largest revenue share of the generative AI in life science market share by 42% in 2024. The respective market growth is propelled by the substantial public and private investment in AI R&D, along with a beneficial regulatory environment that boosts innovation. North America is a hub for global technology companies and research institutions, impelling the development and use of generative AI in life sciences.

The U.S. Generative AI in Life Science Market Trends

In the US, GenAI is widely used in the generation of amenable and attractive content for numerous purposes, such as clinical trial reports, marketing materials, and patient education resources. They are also emphasizing facilitation by Gen AI in the creation of practical simulations for healthcare professionals, providing them to cater new skills and accelerating their knowledge in a safe and effective environment.

For instance,

  • In February 2025, Indegene, a digital-first, life sciences commercialization company, launched Cortex, a fit-for-purpose Generative AI (GenAI) platform for the life science industry. (Source- Upstox)

The Canada Generative AI in Life Science Market Trends

The government of Canada has taken initiative with a national AI strategy and is enabling funding to assist AI startups and encouraging reskilling. Also,

For instance,

In May 2025, Quantiphi, an AI-first digital engineering company, launches its Phi Labs by Quantiphi, the formal identity of Quantiphi's long-standing Research and Development (R&D) hub, highlighting real-world business risks through advanced AI solutions. (Source- PR Newswire)

Growing Adoption of GenAI in Clinical Trials and Personalized Healthcare is Driving Asia Pacific

The generative AI in life science market is driven by the rising adoption of GenAI in clinical trials, to improve clinical trial processes, like superior trial design, patient selection, and data management. As well as, ASAP has acquired generative AI in personalized healthcare solutions to analyze huge datasets to detect individual patient needs and customize treatments.

The China Generative AI in Life Science Market Trends

In China, the genAI is revolutionizing rapidly in the life sciences areas, propelling novel creation in drug discovery, clinical trials, and personalised medicine. China is the chief player in applications of GenAI in patenting drugs, especially compound screening, considering the country’s aim on pharmaceutical innovation and AI in healthcare.

The Japan Generative AI in Life Science Market Trends

Japan is experiencing significant expansion due to Japanese pharmaceutical companies are utilising GenAI in the analysis of a huge volume of datasets, estimating outcomes, and developing novel therapies. This kind of AI is highly applied to simplify administrative tasks, optimize resource allocation, and enhance hospital workflows.

Rising Application in Medical Education is Driving Europe

The European generative AI in life science market is impacted by the increasing adoption of GenAI in medical education to develop interactive simulations and educational resources for medical professionals and students. Although in enabling automative tasks, analysis of data is strongly, and creates new insights, overall escalates research and development efforts.

The Germany Generative AI in Life Science Market Trends

The major growth is impelled by the application of GenAI in the analysis of vast datasets of patient information to achieve highly precise diagnoses and personalized treatment plans, particularly in difficult cases. Along with this, simplifying regulatory approaches and ensuring compliance with industry references, and cost-effectiveness in drug discovery and clinical trials, enables an advantageous environment for market growth.

The government of the UK enabled substantial financial commitments to GenAI over public services, such as healthcare, with alliances with the NHS and AI pilots in diagnostics and personalized medicine. Life sciences companies are diligently collaborating with AI companies to develop novel candidates and services.

Top Companies in the Generative AI in Life Science Market

Generative AI In Life Sciences Market Companies

Latest Announcements by Industry Leaders

  • In June 2025, Evogene Ltd, a global computational biology company aimed at transforming life-science product discovery and development, announced the completion of its generative AI foundation model, version 1.0, for small molecule design, developed in partnership with Google Cloud. Ofer Haviv, President and CEO of Evogene, commented that this completion is a crucial milestone, which uncovers new frontiers for ChemPass AI, empowering it to generate wholly new molecules. (Source- PR Newswire)
  • In February 2025, Capgemini, a French multinational IT services and consulting company, announced an innovative GenAI-driven approach for protein engineering, which employs a specialized protein large language model (pLLM) to anticipate the robust protein variants. Prof. Stephen Wallace, Professor of Chemical Biotechnology at the University of Edinburgh, said that this methodology describes a vital jump in protein engineering. (Source- Capgemini)

What are the Recent Developments in the Generative AI in Life Science Market?

  • In Jun 2025, the FDA launched GenAI Elsa, a GenAI tool to support clinical trial protocol reviews, adverse event conclusions, and internal data tasks. (Source- Tech Target)
  • In May 2025, ConcertAI, a leading player in oncology-focused generative and agentic AI solutions, launched its new generative and agentic AI-powered precision Suite™, which boosts oncology insights and actions for healthcare along with life sciences. (Source- Business Wire)

Segments Covered in the Report

By Technology

  • Novel molecule generation
  • Protein sequence design
  • Synthetic gene design
  • Single-cell RNA sequencing
  • Data augmentation for model training

By Application

  • Drug Discovery
  • Biotechnology
  • Medical Diagnosis
  • Clinical Trials
  • Precision and Personalized Medicine
  • Patient Monitoring

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 17 June 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The generative AI in life science market is projected to reach USD 1,657.02 million by 2034, growing at a CAGR of 20.82% from 2024 to 2034.

North America is currently leading the generative AI in life science market due to substantial public and private investment in AI R&D, along with an advantageous regulatory environment that accelerates innovation.

The generative AI in life science market includes 3 segments, such as by technology, by application, and by region etc.

Some key players include IBM Corporation, AiCure LLC, MosaicML, and NVIDIA.

Key trends include rising demand for drug discovery and personalized medicine, growth in analysis of datasets, and innovation in clinical trials, novel molecules.

The main goal of generative AI is to generate novel and original content, such as text, images, audio, or code, based on patterns received from existing data.

The different generative AI techniques are deep learning, neural networks, and machine learning techniques.

US GAO.GOV, NIH.GOV, INDIAAI.GOV, IBM, PIB, CDC.GOV, GOV.UK