Press release
Artificial Intelligence (AI) In Drug Discovery Market Is Likely To Witness Exponential Growth In The Forecast Period 2022-2031
Artificial Intelligence (AI) In Drug Discovery Market
https://www.thebusinessresearchcompany.com/global-market-reports
According to The Business Research Company's artificial intelligence (AI) in drug discovery market report, the market size reached a value of nearly $791.8 million in 2021, having increased at a compound annual growth rate (CAGR) of 31.0% since 2016. The global artificial intelligence (AI) in drug discovery market size is expected to grow from $791.8 million in 2021 to $2,994.5 million in 2026 at a rate of 30.5%. The global artificial intelligence (AI) in drug discovery market size is then expected to grow at a CAGR of 25.4% from 2026 and reach $9,293.0 million in 2031.
Rising adoption of cloud-based applications and services, increasing need to control drug discovery & development costs and reduce the overall time, and government initiatives in developing economies will drive artificial intelligence (AI) in drug discovery market growth.
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The artificial intelligence (AI) in drug discovery market is segmented -
• By Technology: Context-Aware Processing, Natural Language Processing, Querying Method, Deep Learning
• By Drug Type: Small Molecule, Large Molecules
• By Therapeutic Type: Metabolic Disease, Cardiovascular Disease, Oncology, Neurodegenerative Diseases, Respiratory Diseases Anti-Infective Diseases Other Therapeutic Areas
• By End-Users: Pharmaceutical Companies, Biopharmaceutical Companies, Academic And Research Institutes
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Artificial intelligence (AI) in drug discovery market.
Major competitors in the Artificial intelligence (AI) in drug discovery market include IBM Corporation, Benevolent AI, Nvidia Corporation, Exscientia, Concreto HealthAI
See The Full Artificial Intelligence (AI) In Drug Discovery Market Report Here:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-in-drug-discovery-market
The artificial intelligence (AI) in drug discovery market consists of sales of AI software used in drug discovery and related services. Artificial Intelligence for drug discovery is a technology that uses a simulation of human intelligence process by machines to tackle complex problems in drug discovery. It helps to find new molecules to identify drug targets and develop personalized medicines in the pharmaceutical industry. The market includes software licenses required for AI in drug discovery.
The Table Of Content For The Artificial Intelligence (AI) In Drug Discovery Market Include:
1. Artificial Intelligence (AI) In Drug Discovery Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction
……
20. Artificial Intelligence (AI) In Drug Discovery Market Competitive Landscape
21. Key Mergers And Acquisitions In The Artificial Intelligence (AI) In Drug Discovery Market
22. Artificial Intelligence (AI) In Drug Discovery Market Opportunities And Strategies
23. Artificial Intelligence (AI) In Drug Discovery Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Artificial Intelligence (AI) In Drug Discovery Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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