AI in Drug Discovery Market Emerging Trends, Growth Opportunities, and Competitive Landscape 2032

Oct 17, 2024 1:53 PM ET

AI in Drug Discovery Market Overview:

The AI in Drug Discovery Market is expected to reach USD 5.94 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 26% from 2024 to 2032. The latest market intelligence report published by MRFR with the title Global AI in Drug Discovery Market 2024, Growth Opportunities, and Forecast provides actionable insights on the pharmaceutical industry. The report provides demand analysis, industry insights, competitive intelligence, and customer databases. The research report on AI in Drug Discovery Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, and pricing analysis. It also provides a lot of business matrices, including Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.

AI in drug discovery is revolutionizing the pharmaceutical industry by enhancing efficiency, reducing time and costs associated with drug development, and enabling the discovery of novel compounds through machine learning algorithms.

Explore Free sample PDF Report: AI in Drug Discovery Market

The geographical analysis of the global AI in Drug Discovery market provided in the report is just the right tool that competitors can use to discover untapped sales and business expansion opportunities in different regions and countries. Each regional and country-wise AI in Drug Discovery market considered for research and analysis has been thoroughly studied based on market share, future growth potential, CAGR, market size, and other important parameters. Every regional market has a different trend or not all regional markets are impacted by the same trend. Taking this into consideration, the analysts authoring the report have provided an exhaustive analysis of specific trends of each regional AI in Drug Discovery market..

The following is a list of most of the manufacturers in the market report:
IBM (US), Alphabet Inc (US), Atomwise Inc (US), Deep Genomics (Canada), Cloud Pharmaceuticals, Inc (US), Microsoft corporation (US), Insilico Medicine (China), Cyclica (Canada), BenevolentAI (UK), and Exscientia (UK)

AI in Drug Discovery Market Size by Segmentation
By Product and Service (Software and Services) by Molecule Type (Large Molecule and Small Molecule) by Technology (Machine Learning, Deep Learning, and Others) by Indication (Immuno-oncology, Neurodegenerative Diseases, Cardiovascular Diseases, Metabolic Diseases, and Others) by Application (Target Identification, Candidate Screening, De novo Drug Designing, Drug Optimization, and Repurposing, and Preclinical Testing), by Region

Key Region/Countries are Classified as Follows:

» North America (United States, Canada, and Mexico)

» Europe (Germany, France, UK, Russia, Italy)

» Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

» Latin America (Brazil, Argentina, Colombia)

» Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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