AI in Drug Discovery Market size was valued at USD 898.2 Mn. in 2021 and the total market revenue is expected to grow by 29.5% from 2022 to 2029, reaching nearly USD 7104.46 Mn.
AI in Drug Discovery Market Overview:
The report includes data on market growth as well as market segmentation by regions, product type, application, and industry end-use. This report looks at current AI in Drug Discovery Market trends in terms of demand, supply, and sales, as well as recent changes. Using the most up-to-date AI in Drug Discovery Market research techniques and technology, experts offer thorough and exact marketing research reports. This report includes a thorough evaluation of the AI in Drug Discovery Market market size and share as well as a wide range of industrial verticals.
Market Scope:
This study goes through demand estimates, market trends, and micro and macro variables in great detail. This study also highlights the elements that are propelling and impeding the market's growth. The report focuses on the key drivers and restraints for key companies, as well as the current competitive landscape and development prospects. The MMR in the study gives information on prospective investment opportunities to both existing and new market participants. To provide market insights, the research use analytical approaches such as Porter's five forces analysis and PESTLE of the AI in Drug Discovery Market market. The study also identified important impending changes that will have an impact on demand over the forecast period.
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Segmentation:
The AI in Drug Discovery Market is divided into Software and Services based on Offering. The services sector is predicted to have the largest CAGR between 2022 and 2029 and to hold the largest market share in the worldwide AI in drug discovery services market in 2022. The benefits associated with AI services and the significant demand for AI services among end users are the primary factors driving the growth of this market segment.
Key Players
• GNS Healthcare (US)
• BioSymetrics (US)
• BPGbio, Inc (US)
• Atomwise Inc (US)
• Insitro (US)
• NVIDIA Corporation (US)
• IBM Corporation (US)
• Microsoft Corporation (US)
• Aria Pharmaceuticals, Inc. (US)
• Insilico Medicine (US)
• NuMedii, Inc. (US)
• Owkin Inc. (US)
• Schrödinger, Inc. (US)
• DEEP GENOMICS (Canada)
• Cyclica (Canada)
• BenevolentAI (UK)
• Exscientia (UK)
• Iktos (France)
• Euretos (Netherlands)
• Evaxion Biotech A/S (Denmark)
• XtalPi Inc (China)
• Standigm (South Korea)
Regional Analysis:
The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide AI in Drug Discovery Market market growth in different nations.
The AI in Drug Discovery Market market research has been divided into various important regions, as follows:
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The research provides data-driven insights and recommendations on a variety of topics. The following are some of the most significant inquiries:
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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AI in Drug Discovery Market size , AI in Drug Discovery Market share , AI in Drug Discovery Market analysis
Mar 07, 2023