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Data Bridge Market Research analyzes that the global Artificial Intelligence (AI) in drug discovery market is expected to reach the value of USD 24,618.25 million by 2029, at a CAGR of 53.3% during the forecast period.
While preparing this professional and exhaustive ARTIFICIAL INTELLIGENCE (AI) IN DRUG DISCOVERY market research report, customer requirement has been kept into focus. Market type, size of the organization, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa are considered while generating this report. A team of industry experts, talented researchers, innovative forecasters and knowledgeable analysts work with full dedication to endow clients with the quality research. Global ARTIFICIAL INTELLIGENCE (AI) IN DRUG DISCOVERY report also offers the details about the market drivers and market restraints for ABC industry that help in understanding rise or fall of the demand of particular product with respect to market conditions.
The information and analysis covered in the large scale ARTIFICIAL INTELLIGENCE (AI) IN DRUG DISCOVERY report brings into light the types of consumers, their preferences about the product, their buying intentions and their ideas for the step up of a product. Strategic aspects of the industry or market including product development and specification, technology, exploring niche growth opportunities, application modelling, and new geographical markets can be resolved with the huge information and data included in this market report. The ARTIFICIAL INTELLIGENCE (AI) IN DRUG DISCOVERY marketing report assists in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization.
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Artificial Intelligence (AI) in Drug Discovery Market Analysis and Insights
Artificial Intelligence (AI) is expected to be a lucrative technology in the healthcare industry. The implementation of AI reduces R&D gap in the drug manufacturing process and helps in targeted manufacturing of drug. Hence, biopharmaceutical companies are turning to AI to enhance their market share. AI for drug discovery is a technology that uses machines to simulate human intelligence to solve complicated challenges in the drug development procedure.
Global Artificial Intelligence (AI) In Drug Discovery Market Scope
APPLICATION
Novel Drug Candidates
Drug Optimization and Repurposing Preclinical Testing and Approval
Drug Monitoring
Finding New Diseases Associated Targets and Pathways
Understanding Disease Mechanisms
Aggregating and Synthesizing Information
Formation & Qualification of Hypotheses
De Novo Drug Design
Finding Drug Targets of an Old Drug
Others
Based on application, the market is segmented into novel drug candidates, drug optimization and repurposing preclinical testing and approval, drug monitoring, finding new diseases associated targets and pathways, understanding disease mechanisms, aggregating and synthesizing information, formation & qualification of hypotheses, de novo drug design, finding drug targets of an old drug and others.
TECHNOLOGY
Machine Learning (ML)
Deep Learning (DL)
Natural Language Processing (NLP)
Others
Based on technology, the market is segmented into Machine Learning (ML), Deep Learning (DL), Natural Language Processing (NLP) and others.
DRUG TYPE
Small Molecule
Large Molecule
Based on drug type, the market is segmented into small molecule and large molecule.
OFFERING
Software
Services
Based on offering, the market is segmented into software and services.
INDICATION
Immuno-Oncology
Neurodegenerative Diseases
Cardiovascular Diseases
Metabolic Diseases
Others
Based on indication, the market is segmented into immuno-oncology, neurodegenerative diseases, cardiovascular diseases, metabolic diseases and others.
END USE
Pharmaceutical & Biotechnology Companies
Contract Research Organizations (CROs)
Research Centres And Academic Institutes
Others
Global Artificial Intelligence (AI) in Drug Discovery Market Regional Analysis/Insights
The countries covered in this market report are U.S.
Canada
Mexico
Germany
France
K.
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
rest of Europe
China
Japan
India
South Korea
Singapore
Thailand
Malaysia
Australia & New Zealand
Philippines
Indonesia
rest of Asia-Pacific
A.E
Israel
South Africa
Saudi Arabia
Egypt
rest of Middle East and Africa
Brazil
Argentina and rest of South America.
Global Artificial Intelligence (AI) in Drug Discovery Market Share Analysis
Global Artificial Intelligence (AI) in drug discovery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus on the global Artificial Intelligence (AI) in drug discovery market.
Key Players
Some of the key players operating in the market are NVIDIA Corporation
IBM Corp.
Atomwise Inc.
Microsoft
Benevolent AI
Aria Pharmaceuticals
DEEP GENOMICS
Exscientia
Cloud
Insilico Medicine
Cyclica
NuMedii
Envisagenics
Owkin Inc.
BERG LLC
Schrödinger
XtalPi Inc. and BIOAGE Inc. among others.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Artificial Intelligence (AI) in drug discovery market
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