Press release
Artificial Intelligence (AI) in Drug Discovery Market Size, Regional Growth, Major Key Players, Technology and Industry Trends 2027 | Microsoft, NVIDIA, IBM, Atomwise, Insilico Medicine, Exscientia, Cyclica, Numerate, NuMedii|Remarkable 40.5% CAGR
Artificial Intelligence (AI) in Drug Discovery Market
The global Artificial Intelligence (AI) in Drug Discovery Market size is estimated to reach USD 3,932.87 million by 2027, exhibiting a CAGR of 40.5 % from 2020 to 2027, according to a new study by Data Bridge Market Research.
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Artificial Intelligence (AI) in Drug Discovery Market Overview:
Increasing need to reduce cost and drug discovery along with reduce time, growth of pharmaceutical industries by collaborations with other industries, adoption of cloud based services and applications, delay in patent expiry are some of the factors that will enhance the growth of artificial intelligence (AI) in drug discovery market in the forecast period of 2020-2027. On the other hand, expansion of biotechnology industries will further create new and ample opportunities for the growth of artificial intelligence (AI) in drug discovery market in the above mentioned forecast period.
North America dominates the artificial intelligence (AI) in drug discovery market due to the high prevalence of pharmaceutical companies, increasing research activities.
If you are involved in the Artificial Intelligence (AI) in Drug Discovery industry or intend to be, then this study will provide you comprehensive outlook. It's vital you keep your market knowledge up to date segmented by By Offering (Software, Services), Technology (Machine Learning, Other Technologies), Drug Type (Small Molecule, Large Molecules), Application (Immuno-Oncology, Neurodegenerative Diseases, Cardiovascular Disease, Metabolic Diseases, Other Applications), End-User (Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Research Centres and Academic & Government Institutes), in Drug Discovery & Others and major players. If you want to classify different company according to your targeted objective or geography we can provide customization according to your requirement.
Artificial Intelligence (AI) in Drug Discovery research study is to define market sizes of various segments & countries by past years and to forecast the values by next 7 years. The report is assembled to comprise each qualitative and quantitative element of the industry facts including: market share, market size (value and volume 2010-2020, and forecast to 2027) which admire each countries concerned in the competitive examination. Further, the study additionally caters the in-depth statistics about the crucial elements which includes drivers & restraining factors that defines future growth outlook of the market.
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Important years considered in the study are:
Historical year - 2010-2019; Base year - 2019; Forecast period** - 2020 to 2027 [** unless otherwise stated]
The Segments And Sub-Section of Artificial Intelligence (Ai) In Drug Discovery Market are shown below:
The Study is segmented by following Product Type: By Offering (Software, Services),
By Technology (Machine Learning, Other Technologies), Major applications/end-users industry are as follows: Machinery & Equipment, Automotive & Others
By Drug Type (Small Molecule, Large Molecules), Application (Immuno-Oncology, Neurodegenerative Diseases, Cardiovascular Disease, Metabolic Diseases, Other Applications)
By End-User (Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Research Centres and Academic & Government Institutes)
Some of the key players/Manufacturers involved in the Market are -Microsoft, NVIDIA, IBM, Atomwise, DEEP GENOMICS, Cloud Pharmaceuticals, Insilico Medicine, BenevolentAI Ltd, Exscientia, Cyclica, Numerate, NuMedii, Envisagenics, twoXAR, Incorporated, OWKIN, XtalPi, BERG LLC.
If opting for the Global version of Artificial Intelligence (AI) in Drug Discovery Market analysis is provided for major regions as follows:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy and Rest of Europe)
- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia, rest of countries etc.)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria and South Africa)
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Key Answers Captured in Study are
Which geography would have better demand for product/services?
What strategies of big players help them acquire share in regional market?
Countries that may see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
How feasible is market for long term investment?
What opportunity the country would offer for existing and new players in the Artificial Intelligence (AI) in Drug Discovery market?
Risk side analysis involved with suppliers in specific geography?
What influencing factors driving the demand of Artificial Intelligence (AI) in Drug Discovery near future?
What is the impact analysis of various factors in the Global Artificial Intelligence (AI) in Drug Discovery market growth?
What are the recent trends in the regional market and how successful they are?
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There are 15 Chapters to display the Global Artificial Intelligence (AI) in Drug Discovery market.
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Global Artificial Intelligence (AI) in Drug Discovery market, Applications(Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Research Centres and Academic & Government Institutes)
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Artificial Intelligence (AI) in Drug Discovery Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[Asia-Pacific, North America, Europe, South America & Middle East & Africa ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, to identify major decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Global Artificial Intelligence (AI) in Drug Discovery Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels
Chapter 13 and 14, about vendor landscape (classification and Market Ranking)
Chapter 15, deals with Global Artificial Intelligence (AI) in Drug Discovery Market sales channel, distributors, Research Findings and Conclusion, appendix and data source.
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About Data Bridge Market Research:
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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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