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Massive Demand for AI for Drug Discovery Market by 2020-2027 Focusing on Leading Players DJO GLOBAL, INC., Exactech, Inc., Evolutis

03-09-2020 09:44 PM CET | Health & Medicine

Press release from: The Insight Partners

Massive Demand for AI for Drug Discovery Market by 2020-2027

The AI for Drug Discovery Market research report provides an in-depth analysis of the major industry leading players along with the company profiles and strategies adopted by them. This enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with said industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.

The AI for Drug Discovery Market industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analyzed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analyzed under the section Analysis of AI for Drug Discovery Market production, supply, sales and market status.

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Top Leading Companies:
o Atomwise, Inc.
o Insilico Medicine
o BIOAGE
o Numerate
o NuMedii, Inc.
o Envisagenics
o Cloud Pharmaceuticals, Inc.
o BenevolentAI
o twoXAR, Incorporated
o Exscientia

Drug discovery is the preliminary step in the process of a novel drug identification and its therapeutic target. Artificial intelligence (AI) is commonly used in the healthcare industry for drug discovery. Artificial intelligence technology has the ability to recognize drug targets, and play a significant role in drug design, discovery, identification and screening of molecules instantly and effectively. Drug discovery or new drug target are being estimated based on potency, bioavailability, efficacy, and toxicity.

The AI for drug discovery market is expected to grow during the forecast period due to the increasing number of cross-industry partnerships & collaborations, a significant growth in venture capital investments, rise in importance of drug discovery and increase in funding of the R&D activities for the use of AI technology in the field of drug discovery. However, limited awareness, unwillingness among medical practitioners to adopt AI-based technologies, unclear regulatory guidelines for medical software and lack of interoperability among AI solutions offered by different vendors are likely to hamper the growth of the market in the forecast period.

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Reason to Buy:
1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global AI for Drug Discovery Market

2. Highlights key business priorities in order to assist companies to realign their business strategies.

3. The key findings and recommendations highlight crucial progressive industry trends in AI for Drug Discovery Market, thereby allowing players to develop effective long term strategies.

4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.

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