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Stock impact report

AI in Animal Health Markets, 2024-2034: AI in Drug Discovery and Precision Medicine Applications to Register the Fastest Growth [Yahoo! Finance]

SK Telecom Co., Ltd. (SKM) 
Company Research Source: Yahoo! Finance
The global artificial intelligence (AI) in animal health market accounted for USD 1.18 billion in 2023 and is expected to reach at USD 8.07 billion by 2034 with a CAGR of 19.10% during the forecast period 2024-2034. Increasing utilization of AI in animal healthcare, rise in AI-driven solutions, greater spending on animal welfare, growing demand to enhance health outcomes for animals, increased digitalization in the veterinary sector, surge in adoption of technological innovations, rising collaborations among industry players, growing research & development activities into new AI applications in veterinary care, and surge in introduction of innovative AI platforms tailored for animal health are some of the key factors boosting the market growth. The use of advanced computational techniques such as machine learning and data analysis in animal health is known as the artificial intelligence in animal health market. These methods enhance the diagnosis, treatment, and monitoring of ani Show less Read more
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