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The artificial intelligence (AI) in drug discovery market consists of sales of AI software used in 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 drug discovery. It helps to find new molecules to identify drug targets and develop personalized medicines in the pharmaceutical industry. The market includes software licenses required for AI in drug discovery.
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Global Artificial Intelligence (AI) In Drug Discovery Market-Analysis, Size, Share, Trends, Growth and Forecasts for 2031
Global Artificial Intelligence (AI) In Drug Discovery Market Characteristics: The global artificial intelligence (AI) in drug discovery market size reached a value of nearly $791.8 million in 2021, having increased at a compound annual growth rate (CAGR) of 31.0% since 2016. The global artificial intelligence (AI) in drug discovery market size is expected to grow from $791.8 million in 2021 to $2,994.5 million in 2026 at a rate of 30.5%. The global artificial intelligence (AI) in drug discovery market size is then expected to grow at a CAGR of 25.4% from 2026 and reach $9,293.0 million in 2031. The report global artificial intelligence (AI) in drug discovery market’s segments- By End-Users By Drug Type By Technology By Therapeutic Type Metabolic Disease, Cardiovascular Disease, Oncology, Neurodegenerative Diseases, Respiratory Diseases Anti-Infective Diseases Context-Aware Processing, Natural Language Processing, Querying Method, Deep Learning Pharmaceutical Companies, Biopharmaceutical Companies, Academic And Research Institutes, Others Small Molecule, Large Molecules
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Key Market Players Major companies in the market include IBM Corporation Concreto HealthAI Benevolent AI Exscientia Nvidia Corporation Click Here To Get A Sample Report
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