AI in Drug Discovery Market Current Status and Future Prospects 2023 to 2030 | IBM Corporation, Microsoft Corporation, Google

Astute Analytica recently published a new research report titled Global AI in Drug Discovery Market. This includes in-depth information on new trends, market factors, business prospects, and obstacles that could alter the market dynamics of the sector. It offers a thorough overview of the market segments, including information on goods, applications, and competitors.

The AI in Drug Discovery Market is expected to grow with a CAGR of 40% during the forecast period 2021-2027.

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With strategic analysis, micro and macro market trends and scenarios, price analysis, and a comprehensive description of the market conditions in the forecast period, the global AI in Drug Discovery Market research report keeps a close eye on the major competitors.

The report's key and secondary drivers, market share, top segments, and regional analysis are all highlighted in this expertly written-and comprehensive document. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practices.

Leading Companies
The process of discovering and developing a drug can take over a decade and then also, there is the possibility that nine out of ten therapeutic molecules fail to cross the investigational study period. Therefore, it is important to develop a potential product for commercialization to minimize uncertainty and maximize growth.

This can be achieved by adopting AI in drug discovery and development. Several key players are involved in the market are IBM Corporation, Microsoft Corporation, Google, NVIDIA Corporation, Cloud Pharmaceuticals, Inc., Indivumed GmbH, Deep Genomics, Atomwise, Inc., Insilico Medicine, Exscientia, Bioage, and Envisagenics, among others.

The development work being done in the market sector for AI in Drug Discovery Market, the remaining suppliers and dealers, regional import and export surveys, and regional import and export surveys are all covered in this area. The remaining data was gathered through surveys, public announcements, news articles, premium white newspapers, and interviews with all Cleeve officials.

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Segmentation Overview
The global AI in drug discovery market can be segmented on the basis of the following segments:

By Offering:
Software
Service

By Technology:
Machine Learning
Deep Learning
Supervised Learning
Reinforcement Learning
Unsupervised Learning
Other Machine Learning Technologies
Others Technologies

By Application :
Drug optimization and repurposing
Preclinical testing
Others

By Therapeutic Area:
Cardiovascular Disease
Infectious Disease
Metabolic Diseases
Neurodegenerative Diseases
Oncology
Others

By End-User:
Contract Research Organizations
Pharmaceutical & Biotechnology Companies
Research Centres and Academic & Government Institutes

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This release was published on openPR.