Artificial Intelligence (AI) In Drug Discovery Market 2022: Size, Growth Analysis Report, Forecast To 2031

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The global artificial intelligence (AI) in drug discovery market report by the business research company The rise in demand for a reduction in the overall time taken for the drug discovery process to be a major growth driver for the artificial intelligence (AI) in drug discovery market. it takes three to five years for animal models to identify and optimize molecules before they are evaluated in humans whereas start-ups based on AI have been identifying and designing new drugs in a matter of few days or months. For instance, in 2020, the British start-up Exscientia and Japan's Sumitomo Dainippon Pharma have used artificial intelligence to produce an obsessive-compulsive disorder (OCD) medication, decreasing the development time from four years to less than one year. The reduction in overall time taken for the drug discovery process drives the artificial intelligence (AI) in drug discovery market's growth.

The global artificial intelligence (AI) in drug discovery market is expected to grow from $791.83 million in 2021 to $1042.30 million in 2022 at a compound annual growth rate (CAGR) of 31.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The artificial intelligence (AI) in drug discovery market is expected to reach $2994.52 million in 2026 at a CAGR of 30.2%.

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Major players in the artificial intelligence (AI) in drug discovery market are IBM Corporation, Microsoft, Atomwise Inc., Deep Genomics, Cloud Pharmaceuticals, Insilico Medicine, Benevolent AI, Exscientia, Cyclica and BIOAGE

The global artificial intelligence (AI) in drug discovery market is segmented -
1) By Technology: Deep Learning, Machine Learning
2) By Drug Type: Small Molecule, Large Molecules
3) By Therapeutic Type: Metabolic Disease, Cardiovascular Disease, Oncology, Neurodegenerative Diseases, Others
4) By End-Users: Pharmaceutical Companies, Biopharmaceutical Companies, Academic And Research Institutes, Others

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The Artificial Intelligence (AI) In Drug Discovery Market Report Contents Include
1. Executive Summary
2. Artificial Intelligence (AI) In Drug Discovery Market Characteristics
3. Artificial Intelligence (AI) In Drug Discovery Market Trends And Strategies
4. Artificial Intelligence (AI) In Drug Discovery Market - Macro Economic Scenari
5. Artificial Intelligence (AI) In Drug Discovery Market Size And Growth
.......
26. Africa Artificial Intelligence (AI) In Drug Discovery Market
27. Artificial Intelligence (AI) In Drug Discovery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Artificial Intelligence (AI) In Drug Discovery Market
29. Artificial Intelligence (AI) In Drug Discovery Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the artificial intelligence (AI) in drug discovery market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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