AI in Drug Discovery Market 2023 with Leading Players and Growth by 2031
Astute Analytica, a team of experts with extensive experience, has recently published a new report on the Global AI in Drug Discovery Market. The report provides valuable insights into the market’s competitive environment, growth prospects, and upcoming opportunities. It covers the strategies adopted by major global players in the industry, including mergers, achievements, revenue offshoring, R&D, development plans, progression growth, and collaboration.
Market Size and Forecast
The AI in Drug Discovery Market is expected to reach USD 8.10 billion by 2030, growing at a CAGR of 25% during the forecast period 2023-2030.
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Comprehensive Analysis
The report combines extensive quantitative analysis and exhaustive qualitative analysis. It offers a macro overview of the total market size, industry chain, and market dynamics, as well as micro details of segment markets by type, application, and region. This comprehensive view and deep insight into the AI in Drug Discovery market cover all its essential aspects.
Regional Analysis
The report also provides a comprehensive regional analysis of the market, recognizing the significant influence of regional differences on market dynamics. It explores the performance of the market in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, providing stakeholders with valuable insights.
Unleashing the Fierce Competition
From a competitive landscape perspective, the report introduces players in the industry, considering market share, concentration ratio, and other factors. It describes the leading companies in detail, allowing readers to better understand their competitors and gain an in-depth understanding of the competitive situation. The report also considers mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts.
This report is a must-read for industry players, investors, researchers, consultants, business strategists, and anyone planning to enter the market in any manner. It provides valuable information for making informed decisions, gaining a competitive advantage, and maximizing profits.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 :-https://www.astuteanalytica.com/industry-report/ai-in-drug-discovery-market
Key Companies in the Report
The process of discovering and developing a drug can take over a decade and then also, there is the possibility that nine out of ten therapeutic molecules fail to cross the investigational study period. Therefore, it is important to develop a potential product for commercialization to minimize uncertainty and maximize growth. This can be achieved by adopting AI in drug discovery and development. Several key players are involved in the market are IBM Corporation, Microsoft Corporation, Google, NVIDIA Corporation, Cloud Pharmaceuticals, Inc., Indivumed GmbH, Deep Genomics, Atomwise, Inc., Insilico Medicine, Exscientia, Bioage, and Envisagenics, among others.
An Overview of Market Segmentation
The report promises to provide a comprehensive view of different market segments. It acknowledges that the market is not a single entity but a combination of multiple sectors. The report offers information on the sizes, potential growth paths, and major trends within these segments. This enables stakeholders to develop specific strategies and make efficient use of resources.
By Offering
- Software
- Service
By Technology
- Machine Learning
- Deep Learning
- Supervised Learning
- Reinforcement Learning
- Unsupervised Learning
- Other Machine Learning Technologies
- Others Technologies
By Application
- Drug optimization and repurposing
- Preclinical testing
- Others
By Therapeutic Area
- Cardiovascular Disease
- Infectious Disease
- Metabolic Diseases
- Neurodegenerative Diseases
- Oncology
- Others
By End-User
- Contract Research Organizations
- Pharmaceutical & Biotechnology Companies
- Research Centres and Academic & Government Institutes
𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 :-https://www.astuteanalytica.com/request-sample/ai-in-drug-discovery-market
Conclusion
In summary, Astute Analytica’s research report provides a detailed analysis of the global AI in Drug Discovery market. It equips industry participants with valuable insights into market dynamics, competitive strategies, regional variations, and segmentation trends. This information empowers stakeholders to make informed decisions and adapt to the evolving landscape of the market.
About Astute Analytica:
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They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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