Global Artificial Intelligence (AI) in Drug Discovery market cagr 12.8%

Artificial Intelligence (AI) in Drug Discovery Market

Scope: Industry Analysis, Market Size, Growth,

Trends Till 2031

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Artificial Intelligence (AI) in Drug Discovery Market Size and Growth

The AI in Drug Discovery market is experiencing significant growth, driven by advancements in computational methods and increasing demand for faster drug development. Estimated to reach approximately $5.4 billion by 2026, the market is characterized by a focus on predictive analytics, machine learning, and personalized medicine, enhancing research efficiency and costeffectiveness. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ IBM

◍ Microsoft

◍ Google

◍ NVIDIA Corporation

◍ Atomwise, Inc.

◍ Deep Genomics

◍ Cloud Pharmaceuticals

◍ Insilico Medicine

◍ BenevolentAI

◍ Exscientia

◍ Cyclica

◍ BIOAGE

◍ Numerate

◍ NuMedii

◍ Envisagenics

◍ twoXAR

◍ OWKIN, Inc.

◍ XtalPi

The AI in Drug Discovery Market features companies like IBM, Microsoft, Google, and NVIDIA leveraging AI for data analysis, drug design, and predictive modeling. Startups like Atomwise and Insilico Medicine focus on compound screening and biomarker identification, accelerating discovery. Notable revenues include IBM's $57 billion and NVIDIA's $26.9 billion. Request Sample Report

Market Segmentation

By Application

◍ Pharmaceutical & Biotechnology Companies ◍ Contract Research Organizations

◍ Research Centers and Academic & Government Institutes

By Product

Software

Services

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Market Growth

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$ X Billion USD

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Global Artificial Intelligence (AI) in Drug Discovery market cagr 12.8%

Published on Aug 9, 2024

ReportPrime

The global Artificial Intelligence (AI) in Drug Discovery market size is expected to experience a CAGR of 12.8% through 2024 - 2031, according to industry projections. Key Question Covered in this Artificial Intelligence (AI) in Drug Discovery Market Research Report What is the Artificial Intelligence (AI) in Drug Discovery market size, and what is the expected growth rate? What are the key drivers and market challenges in the market? Who are the major players in the Artificial Intelligence (AI) in Drug Discovery market, and what are their market shares? What are the major market trends and opportunities in the market? What are the key customer segments and their buying behavior? What are the major geographical regions contributing to the market growth?