Artificial Intelligence (AI) in Drug Discovery Market grew at an average yearly rate of around 35% during the timeframe (2018-2021). The industry market size in 2021 was around $250 million. The role of AI is becoming more significant in the medical research field and leading pharmaceutical companies are using AI and machine learning technologies for drug discovery and development. As per these companies, such technologies are helping them save time and money by making the data processing and evaluation process simpler.
The research and analytics firm Datavagyanik released the updated version if its report on “Artificial Intelligence (AI) in Drug Discovery Market – Country wise Detailed Analysis, Business Opportunities and Forecasts”. The updated version of the report is released with latest data, industry trends and competitive benchmarking. The report makes use of analytical models to study country level market patterns and forecast for the next seven years.
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The research is useful for industry stakeholders for strategic decision making. It also identifies business and sales opportunities in the Artificial Intelligence in Drug Discovery Market and presents a seven-year forecast for all regions/countries.
- To provide a comprehensive analysis of the Artificial Intelligence in Drug Discovery Industry, thereby providing a detailed structure of the market.
- To provide detailed insights into factors driving and restraining the growth of the Artificial Intelligence in Drug Discovery Industry.
- To estimate the market size of each market segment which in turn is responsible for revenue generation of the respective countries.
- To provide strategic profiling of key companies present across the globe, and comprehensively analyze their competitiveness/competitive landscape in this market.
- To identify business opportunities in the Artificial Intelligence in Drug Discovery Market
- To provide a country wise market forecast for market segments and sub-segments for the period (2021 – 2027).
- Product portfolio analysis and market share analysis.
Key Players Insights:
The research provides a comprehensive analysis of market participants with coverage on company portfolio, growth strategies, target customers, operating geography and other updates. The study provides analysis on over 20 market participants which include IBM Corporation, Microsoft, NVIDIA Corporation, Deep Genomics, Cloud Pharmaceuticals, Google, BenevolentAI, Cyclica, Insilico Medicine, and Envisagenics and others.
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Insightful findings addressed through this market intelligence report:
- Country-wise market size and forecast is vital in understanding the current market potential and future scenario.
- Helps industry participants/organizations in strategizing their sales decisions.
- Supports organizations in business expansion and setting up a new business across potential geographical regions.
- Helps market participants in identifying potential end users and business segments, thereby, helping them in taking effective business decisions.
- Helps business sectors to align themselves with innovative market trends.
- Strategic recommendations based on global market forecasts over the forecast timeframe is useful in gauging future prospects of the market and planning long term business moves.
Artificial Intelligence in Drug Discovery Market Segmentation
Market revenue and forecast, by Application:
- Infectious Disease
Market revenue and forecast, by End User:
- Pharmaceutical & Biotechnology Companies
- Contract Research Organization
Market revenue and forecast for the period (2020 – 2027), by Region:
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
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Artificial Intelligence in Drug Discovery Market Study Contents:
- Executive summary and country wise data tracker.
- North America Artificial Intelligence in Drug Discovery Market Analysis, segment level details, historical data and forecast (United States, Canada).
- Europe Artificial Intelligence in Drug Discovery Market Analysis, segment level details, historical data and forecast (Germany, France, Italy, Spain, UK, Rest of Europe).
- Asia Pacific Artificial Intelligence in Drug Discovery Market Analysis, segment level details, historical data and forecast (China, India, Japan, South Korea, Indonesia, Australia, Rest of Asia-Pacific).
- Rest of the World (Latin America, Middle East, Africa).
- Segment/sub segment level insights, revenue figures and forecast.
- Analysis on over 20 market participants with competitive benchmarking, segment revenues and business strategies.
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Datavagyanik is a business intelligence firm with clients worldwide. We provide the right knowledge and advisory to business organizations and help them to grow and excel. We specialize in areas such as Pharmaceutical, Healthcare, Manufacturing, Consumer Goods, Materials & Chemicals and others. We specialize in market sizing, forecasting, supply chain analysis, supplier intelligence, import-export insights, market trend analysis and competitive intelligence.
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