openPR Logo
Press release

Artificial Intelligence in Pharmaceutical Market worth $97.35 billion by 2030, growing at a CAGR of 29.18% - Exclusive Report by 360iResearch

02-23-2024 08:17 AM CET | IT, New Media & Software

Press release from: 360iResearch

Artificial Intelligence in Pharmaceutical Market | 360iResearch

Artificial Intelligence in Pharmaceutical Market | 360iResearch

The "Artificial Intelligence in Pharmaceutical Market by Offering (Hardware, Services, Software), Technology (Computer Vision, Context-Aware Computing, Machine Learning), Applications, End-users - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Artificial Intelligence in Pharmaceutical Market to grow from USD 16.21 billion in 2023 to USD 97.35 billion by 2030, at a CAGR of 29.18%.

Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/artificial-intelligence-in-pharmaceutical?utm_source=openpr&utm_medium=referral&utm_campaign=sample

Artificial intelligence (AI) in the pharmaceutical market refers to integrating advanced machine learning algorithms, natural language processing, and data analytics technologies into the drug discovery, development, and manufacturing processes of the global pharmaceutical industry. The growing demand for personalized medicine to improve treatment outcomes and advancements in genomics and high-throughput technologies generate large volumes of complex data requiring advanced analytical techniques. However, the limited availability of curated datasets for training machine learning models hinders the adoption of AI in pharmaceuticals. Nevertheless, integrating big data analytics with AI may also facilitate a better understanding of molecular mechanisms underlying various diseases or identify novel biomarkers that could be targets of future drugs; this further creates lucrative opportunities for the market.

America provides an improved landscape for the AI in pharmaceutical market with an early adoption of advanced technologies and supportive government policies. The United States is home to several leading AI startups leveraging AI for drug discovery, molecular modeling, clinical trials optimization, and personalized medicine. In the U.S., major pharmaceutical firms are partnering with AI-driven startups and investing heavily in research to expedite drug discovery and development. In the European region, countries such as France, Germany, and the United Kingdom have introduced national strategies propelling AI applications across industries, including pharmaceuticals. Although slower in comparison to other regions, Middle Eastern countries are advancing through investment in AI. Africa's potential lies in addressing unique healthcare challenges through its developing pharma ecosystem. The Asia Pacific region showcases significant growth in AI-driven pharmaceutical advancements with China, Japan, and India at the forefront. In addition, increasing public-private investments in pharmaceutical manufacturing infrastructure provides a positive landscape for AI deployments.

Market Segmentation & Coverage:

This research report categorizes the Artificial Intelligence in Pharmaceutical Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Offering, market is studied across Hardware, Services, and Software. The Hardware is further studied across Memory, Network, and Processor. The Services is further studied across Deployment & Integration and Support & Maintenance. The Services is projected to witness significant market share during forecast period.

Based on Technology, market is studied across Computer Vision, Context-Aware Computing, Machine Learning, Natural Language Processing, and Querying Method. The Machine Learning is projected to witness significant market share during forecast period.

Based on Applications, market is studied across Clinical Trials, Diagnostic Assistance & Personalized Treatment, Drug Development & Discovery, Manufacturing, and Marketing. The Clinical Trials is projected to witness significant market share during forecast period.

Based on End-users, market is studied across Pharma & Biotech Companies and Research Institutes. The Pharma & Biotech Companies is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.45% in 2023, followed by Americas.

Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/artificial-intelligence-in-pharmaceutical?utm_source=openpr&utm_medium=referral&utm_campaign=inquire

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Artificial Intelligence in Pharmaceutical Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Artificial Intelligence in Pharmaceutical Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Artificial Intelligence in Pharmaceutical Market, highlighting leading vendors and their innovative profiles. These include AiCure, LLC, Aspen Technology Inc, Atomwise Inc, BenevolentAI SA, BioSymetrics Inc., BPGbio Inc., Butterfly Network, Inc., Cloud Pharmaceuticals, Inc., CloudMedX Inc., Cyclica Inc, Deargen Inc, Deep Genomics Incorporated, Euretos Services BV, Exscientia plc, Google LLC, Insilico Medicine, Intel Corporation, International Business Machines Corporation, InveniAI LLC, Isomorphic Labs, Microsoft Corporation, Novo Nordisk A/S, Oracle Corporation, Sanofi SA, Turbine Ltd., Viseven Europe OU, and XtalPi Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Artificial Intelligence in Pharmaceutical Market, by Offering
7. Artificial Intelligence in Pharmaceutical Market, by Technology
8. Artificial Intelligence in Pharmaceutical Market, by Applications
9. Artificial Intelligence in Pharmaceutical Market, by End-users
10. Americas Artificial Intelligence in Pharmaceutical Market
11. Asia-Pacific Artificial Intelligence in Pharmaceutical Market
12. Europe, Middle East & Africa Artificial Intelligence in Pharmaceutical Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Artificial Intelligence in Pharmaceutical Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Artificial Intelligence in Pharmaceutical Market?
3. What is the competitive strategic window for opportunities in the Artificial Intelligence in Pharmaceutical Market?
4. What are the technology trends and regulatory frameworks in the Artificial Intelligence in Pharmaceutical Market?
5. What is the market share of the leading vendors in the Artificial Intelligence in Pharmaceutical Market?
6. What modes and strategic moves are considered suitable for entering the Artificial Intelligence in Pharmaceutical Market?

Read More @ https://www.360iresearch.com/library/intelligence/artificial-intelligence-in-pharmaceutical?utm_source=openpr&utm_medium=referral&utm_campaign=analyst

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial Intelligence in Pharmaceutical Market worth $97.35 billion by 2030, growing at a CAGR of 29.18% - Exclusive Report by 360iResearch here

News-ID: 3396663 • Views:

More Releases from 360iResearch

Precision Cardiology Market worth $30.68 billion by 2030, growing at a CAGR of 12.04% - Exclusive Report by 360iResearch
Precision Cardiology Market worth $30.68 billion by 2030, growing at a CAGR of 1 …
The "Precision Cardiology Market by Offering (Product, Service), Sample (Blood, Saliva), Technology, Indication, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering. Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/precision-cardiology?utm_source=openpr&utm_medium=referral&utm_campaign=sample "Driving Forces Behind the Growth of Precision Cardiology: Embracing Technological and Economic Advancements" The increasing global prevalence of cardiovascular diseases significantly drives demand for advanced diagnostics and treatments in precision cardiology. Technological innovations, including AI-driven diagnostics and wearable heart monitors, are
Industrial Communication Gateways Market worth $3.73 billion by 2030, growing at a CAGR of 7.12% - Exclusive Report by 360iResearch
Industrial Communication Gateways Market worth $3.73 billion by 2030, growing at …
The "Industrial Communication Gateways Market by Type (Cellular, Slave To Ethernet Master / Serial Automation Networks, Wireless Slave To Ethernet Master), End-User (Aerospace & Defense, Automotive, Chemicals & Fertilizers) - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering. Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/industrial-communication-gateways?utm_source=openpr&utm_medium=referral&utm_campaign=sample "Key Growth Drivers Elevating the Industrial Communication Gateways Market: A Look at Automation, Regulatory Support, and Strategic Industry Alliances" Industrial communication gateways are becoming increasingly vital
Lignin Market worth $2.20 billion by 2030, growing at a CAGR of 7.34% - Exclusive Report by 360iResearch
Lignin Market worth $2.20 billion by 2030, growing at a CAGR of 7.34% - Exclusiv …
The "Lignin Market by Product (Kraft Lignin, Lignosulphonate, Organosolv), Source (Cellulosic Ethanol, Kraft Pulping, Sulfite Pulping), Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering. Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/lignin?utm_source=openpr&utm_medium=referral&utm_campaign=sample "Driving Forces Behind the Rising Demand for Lignin in Global Markets" The lignin market is experiencing robust expansion, fueled by the escalating demand for biobased products and supported by favorable regulatory frameworks that promote sustainable practices. As a
Naval Combat System Market worth $1,783.04 million by 2030, growing at a CAGR of 8.79% - Exclusive Report by 360iResearch
Naval Combat System Market worth $1,783.04 million by 2030, growing at a CAGR of …
The "Naval Combat System Market by Component (Hardware, Software), Sub System (Display System Identification System, Self-Defense Management System, Situational Awareness System), Platform - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering. Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/naval-combat-system?utm_source=openpr&utm_medium=referral&utm_campaign=sample "Enhancing Global Maritime Security: Key Drivers Shaping the Demand for Advanced Naval Combat Systems" In response to increasing global security threats such as maritime piracy, terrorism, and regional conflicts, nations are significantly enhancing

All 5 Releases


More Releases for Pharma

Antiemetics Market Size 2022 Analysis by Top Key Players| Acacia Pharma Group Pl …
Antiemetics Market research added by the Absolute Markets Insights, offers a comprehensive analysis of growth trends prevailing in the global business domain. This report also provides definitive data concerning market, size, commercialization aspects and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of key players within the projection timeline while focusing on their portfolio and regional expansion endeavors. Access the PDF sample of the report@
Global Indomethacin Market Seeking Excellent Growth by 2028 | Ratiopharm, Merck, …
"IBI has published a report entitled Global Indomethacin Market Research Report which provides comprehensive data on emerging trends, market drivers, growth opportunities, and barriers that could change the dynamics of the industry market. It provides an in-depth analysis of market segments which includes the product, application, and competitor analysis. Click Here To Order A Sample Copy Of Indomethacin Global Market Report : https://www.infinitybusinessinsights.com/request_sample.php?id=380382 The Indomethacin Global Market Research Report provides close monitoring
Roxatidine Market 2020: Top Companies Analysis To Grow Healthcare Business by 20 …
Business Industry Reports Research has recently announced a report on Global Roxatidine Market based on the Category Industry. The Roxatidine Market report emphasizes various key aspects, which include growth drivers, restraints, opportunities and recent market trends for the forecast period 2020-2024. Global Roxatidine Market overview: Business Industry Reports Analyst covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the
Indometacin Market Top Key Manufacturers Aidarex, Ratiopharm, Merck, Xinhua Phar …
The Global Indometacin Market is a nonsteroidal anti-inflammatory drug commonly used as a prescription medication to reduce fever, pain, stiffness, and swelling from inflammation. The demand for nonsteroidal anti-inflammatory drug has been increasing owing to the emergence of anti-inflammatory biologics that are more targeted. However, such as side effects of anti-inflammatory drugs and patent expiry issues may hamper the market growth in the review period. For More Info, Get Sample Report
Hydroxycarbamide Market Study Report 2019| Taj Pharma, Beijing Jialin Pharma, Qi …
Los Angeles, United State, June 11, 2019, - The global Hydroxycarbamide market is expected to surge at a steady CAGR in the coming years, states the latest QY Research report. The publication offers an insightful take on the historical data of the market and the milestones it has achieved. The report also includes an assessment of current market trends and dynamics, which helps in mapping the trajectory of the global Hydroxycarbamide
TIGLUTIK Market 2019: Top Players are Sanofi, Mylan Pharma, Apotex, Glemark Gene …
TIGLUTIK Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13709986 Global TIGLUTIK market 2019 research provides a basic overview of the industry including definitions, classifications, applications