Get Detailed Insights of Artificial Intelligence (AI) in Drug Discovery Market and its trends.
Data Bridge Market Research analyzes that the global Artificial Intelligence (AI) in drug discovery market is expected to reach the
value of USD 24,618.25 million by 2029, at a CAGR of 53.3% during the forecast
period.
The realisti
Artificial Intelligence (AI) in drug discovery market survey report contains
thorough description, competitive scenario, wide product portfolio of key
vendors and business strategy adopted by competitors along with their SWOT
analysis and porter's five force analysis. The market is considerably
transforming because of the moves of the key players and brands including
developments, product launches, joint ventures, mergers and acquisitions that
in turn changes the view of the global face of HEALTHCARE industry. By keeping
end users at the centre point, a team of researchers, forecasters, analysts and
industry experts work painstakingly to create Artificial Intelligence (AI) in
drug discovery market research document.
An
international analysis report brings into focus the key market dynamics of the
sector. A range of definitions and classification of the HEALTHCARE industry,
applications of the HEALTHCARE industry and chain structure are given in the
report. This market report offers an in-depth overview of product
specification, technology, product type and production analysis considering
major factors such as revenue, cost, gross and gross margin. Artificial
Intelligence (AI) in drug discovery market is supposed to rise during the
forecast period due to growing demand at the end user level. The data and
insights from Artificial Intelligence (AI) in drug discovery marketing report
suggest that new highs will take place in the market in 2021-2028.
Artificial
Intelligence (AI) in Drug Discovery Market Analysis and Insights
Artificial Intelligence (AI) is expected to be a
lucrative technology in the healthcare industry. The implementation of AI
reduces R&D gap in the drug manufacturing process and helps in targeted
manufacturing of drug. Hence, biopharmaceutical companies are turning to AI to
enhance their market share. AI for drug discovery is a technology that uses
machines to simulate human intelligence to solve complicated challenges in the
drug development procedure. The adoption of AI solutions in the clinical trial
process eliminates possible obstacles, reduces clinical trial cycle time and
increases the productivity and accuracy of the clinical trial process.
Technological advancements in AI for drug discovery and reduction in total time
involved in drug discovery process are other factors driving the market growth
in the forecast period. However, low quality and inconsistent available data
will obstruct the market growth. Also, high cost associated with technology and
technical limitations will restrain the market growth.
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Global Artificial
Intelligence (AI) In Drug Discovery Market Scope
Global
Artificial Intelligence (AI) in drug discovery market is segmented into
application, technology, drug type, offering, indication and end use. The
growth among segments helps you analyze niche pockets of growth and strategies
to approach the market and determine your core application areas and the
difference in your target markets.
Based on application, the market is segmented into novel drug
candidates, drug optimization and repurposing preclinical testing and approval,
drug monitoring, finding new diseases associated targets and pathways,
understanding disease mechanisms, aggregating and synthesizing information,
formation & qualification of hypotheses, de novo drug design, finding drug
targets of an old drug and others.
Global Artificial Intelligence
(AI) in Drug Discovery Market Regional Analysis/Insights
The
global Artificial Intelligence (AI) in drug discovery market is analyzed and
market size information is provided by application, technology, drug type,
offering, indication and end use.
The
countries covered in this market report are U.S., Canada, Mexico, Germany,
France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland,
rest of Europe, China, Japan, India, South Korea, Singapore, Thailand,
Malaysia, Australia & New Zealand, Philippines, Indonesia, rest of
Asia-Pacific, U.A.E, Israel, South Africa, Saudi Arabia, Egypt, rest of Middle
East and Africa, Brazil, Argentina and rest of South America.
Global Artificial
Intelligence (AI) in Drug Discovery Market Share Analysis
Global
Artificial Intelligence (AI) in drug discovery market competitive landscape
provides details by competitor. Details included are company overview, company
financials, revenue generated, market potential, investment in R&D, new
market initiatives, production sites and facilities, company strengths and
weaknesses, product launch, product trials pipelines, product approvals,
patents, product width and breath, application dominance, technology lifeline
curve. The above data points provided are only related to the company’s focus
on the global Artificial Intelligence (AI) in drug discovery market.
key players
operating in the market are
Some
of the key players operating in the market are NVIDIA Corporation, IBM Corp.,
Atomwise Inc., Microsoft, Benevolent AI, Aria Pharmaceuticals, Inc., DEEP
GENOMICS, Exscientia, Cloud, Insilico Medicine, Cyclica, NuMedii,
Inc., Envisagenics, Owkin Inc., BERG LLC, Schrödinger, Inc., XtalPi Inc. and
BIOAGE Inc. among others.
MAJOR TOC OF THE REPORT
·
Chapter One:
Introduction
·
Chapter Two:
Market Segmentation
·
Chapter Three:
Market Overview
·
Chapter Four:
Executive Summary
·
Chapter Five:
Premium Insights
·
Chapter Six: Artificial
Intelligence (AI) in drug discovery market
Get TOC Details
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