Artificial Intelligence (AI) in Drug Discovery Market Share Forecast To Witness Considerable Growth From 2021 to 2027 | Microsoft, NVIDIA Corporation, IBM, Atomwise

Latest added Artificial Intelligence (AI) in Drug Discovery Market research study by MarketDigits offers detailed product outlook and elaborates market review till 2026. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are Microsoft, NVIDIA Corporation, IBM Corporation, Atomwise, DEEP GENOMICS, Cloud Pharmaceuticals, Insilico Medicine, BenevolentAI Ltd, Exscientia, Cyclica. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.

This report studies the Artificial Intelligence (AI) in Drug Discovery Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Artificial Intelligence (AI) in Drug Discovery Market by companies, region, type and end-use industry.

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Scroll down 100s of data Tables, charts and graphs spread through Pages and in-depth Table of Content on ” Global Artificial Intelligence (AI) in Drug Discovery Market 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), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa), Market Trends and Forecast to 2026″. Early buyers will get 10% customization on study.

To Avail deep insights of Artificial Intelligence (AI) in Drug Discovery Market Size, competition landscape is provided i.e. Revenue Analysis (M $US) by Company (2018-2020), Segment Revenue Market Share (%) by Players (2018-2020) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

Unlock new opportunities in Artificial Intelligence (AI) in Drug Discovery Market; the latest release from MarketDigits highlights the key market trends significant to the growth prospects, Let us know if any specific players or list of players needs to consider to gain better insights.

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Market Analysis and Insights of Artificial Intelligence (AI) in Drug Discovery Market
Artificial intelligence (AI) in drug discovery market is expected to gain market growth in the forecast period of 2020 to 2027. MarketDigits analyses the market to account to USD 3,932.87 million by 2027 growing at a CAGR of 40.5% in the above-mentioned forecast period. The growing awareness amongst the physicians and patients regarding the benefits of artificial intelligence has been directly impacting the growth of the market.

The major players covered in the artificial intelligence (AI) in drug discovery market report are Microsoft, NVIDIA Corporation, IBM Corporation, Atomwise, Inc., DEEP GENOMICS, Cloud Pharmaceuticals, Inc., Insilico Medicine, BenevolentAI Ltd, Exscientia, Cyclica Inc., Numerate, NuMedii, Inc., Envisagenics., twoXAR, Incorporated, OWKIN, INC., XtalPi Inc., BERG LLC, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. MarketDigits analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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.

Unavailability of skilled labour and lack of data sets are acting as market challenges for the growth of artificial intelligence (AI) in drug discovery 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.

The country section of the artificial intelligence (AI) in drug discovery market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Growth of Pharmaceutical Companies and Cloud Based Services:

Artificial intelligence (AI) in drug discovery market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for artificial intelligence (AI) in drug discovery market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the artificial intelligence (AI) in drug discovery market. The data is available for historic period 2010 to 2018.

Market research studies stated in this Artificial Intelligence (AI) in Drug Discovery report are very thoughtful for the businesses which assist them with the better decision making and develop better strategies about production, marketing, sales and promotion. This Artificial Intelligence (AI) in Drug Discovery report brings together comprehensive industry analysis with exact estimates and forecasts that offers complete research solutions with maximum industry clarity. The report includes CAGR value fluctuations during the forecast period of 2021-2027 for the market. And to serve the clients best in the industry, a team of experts, skilled analysts, dynamic forecasters and knowledgeable researchers work meticulously while forming this report.

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