Global Artificial Intelligence (AI) In Drug Discovery Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Artificial Intelligence (AI) In Drug Discovery Market Report by The Business Research Company covers artificial intelligence (AI) in drug discovery market drivers and restraints, artificial intelligence (AI) in drug discovery market size, major players, and the impact of covid-19 on the artificial intelligence (AI) in drug discovery market.

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 rise in demand for a reduction in the overall time taken for the drug discovery process is a key driver propelling the growth of the artificial intelligence in drug discovery market. 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 artificial intelligence (AI) in drug discovery market trends include adopting strategic collaborations to research and discover drugs using AI and are gaining significant popularity in the artificial intelligence in drug discovery market.

Global artificial intelligence (AI) in drug discovery market segments include:

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.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Artificial Intelligence (AI) In Drug Discovery Global Market Report 2021: COVID-19 Growth And Change To 2030 At:

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The Artificial Intelligence (AI) In Drug Discovery Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides artificial intelligence (AI) in drug discovery market overviews, analyzes and forecasts market size, share, artificial intelligence (AI) in drug discovery market players, artificial intelligence (AI) in drug discovery market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The artificial intelligence in drug discovery market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Artificial Intelligence (AI) In Drug Discovery Global Market Report 2021: COVID-19 Growth And Change To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: IBM Corporation, Microsoft, Atomwise Inc., Deep Genomics, Cloud Pharmaceuticals, Insilico Medicine, Benevolent AI, Exscientia, Cyclica, BIOAGE, Numerate, Numedii, Envisagenics, twoXAR, OWKIN Inc., XtalPi, Berg LLC, Google, Verge Genomics

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Artificial Intelligence (AI) In Drug Discovery Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Artificial Intelligence (AI) In Drug Discovery Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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