Artificial Intelligence (AI) In Drug Discovery Market
The Business Research Company offers “Artificial Intelligence (AI) In Drug Discovery Global Market Report 2021: COVID-19 Growth And Change” in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.
The artificial intelligence (ai) in drug discovery market report describes and explains the global artificial intelligence (ai) in drug discovery market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The artificial intelligence (AI) in drug discovery market consists of sales of AI for drug discovery and related services. Artificial Intelligence for drug discovery is a technology that uses a simulation of human intelligence process by machines to tackle complex problems in the drug discovery process. It helps to find new molecules to identify drug targets and develop personalized medicines in the pharmaceutical industry.
The global artificial intelligence (AI) in drug discovery market is expected to grow from $0.36 billion in 2020 to $0.47 billion in 2021 at a compound annual growth rate (CAGR) of 30.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The AI in drug discovery market is expected to reach $1.69 billion in 2025 at a CAGR of 38%.
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Some of the major players of the artificial intelligence (ai) in drug discovery market are IBM Corporation, Microsoft, Atomwise Inc., Deep Genomics, Cloud Pharmaceuticals, Insilico Medicine, Benevolent AI, Exscientia, Cyclica, and BIOAGE.
The countries covered in the global artificial intelligence (ai) in drug discovery market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global artificial intelligence (ai) in drug discovery market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global artificial intelligence in drug discovery market is segmented –
1) By Technology: Deep Learning, Machine Learning
2) By Drug Type: Small Molecule, Large Molecules
3) By Therapeutic Type: Metabolic Disease, Cardiovascular Disease, Oncology, Neurodegenerative Diseases, Others
4) By End-Users: Pharmaceutical Companies, Biopharmaceutical Companies, Academic And Research Institutes, Others
Read More On The Global Artificial Intelligence (AI) In Drug Discovery Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Artificial Intelligence (AI) In Drug Discovery Market Characteristics
3. Artificial Intelligence (AI) In Drug Discovery Market Trends And Strategies
4. Impact Of COVID-19 On Artificial Intelligence (AI) In Drug Discovery
5. Artificial Intelligence (AI) In Drug Discovery Market Size And Growth
26. Africa Artificial Intelligence (AI) In Drug Discovery Market
27. Artificial Intelligence (AI) In Drug Discovery Market Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions In The Artificial Intelligence (AI) In Drug Discovery Market
29. Artificial Intelligence (AI) In Drug Discovery Market Future Outlook and Potential Analysis
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