INDUSTRY OVERVIEW
The AI in Drug Discovery is Growing at 20% and is expected to reach 3Billion by 2031. Below mentioned are some of the dynamics shaping the AI in Drug Discovery .AI in Drug Discovery Market Size in (USD Billion) CAGR Growth Rate 20%
| Study Period | 2019-2031 |
| Market Size (2023): | 1.5Billion |
| Market Size (2031): | 3Billion |
| CAGR (2023 - 2031): | 20% |
| Fastest Growing Region | North America |
| Dominating Region | North America |
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Artificial intelligence for drug discovery is a technology that uses and different algorithms that value add in decision-making processes for drug discovery. The increasing cases of rare diseases and demand for personalized drugs are the major factor fueling the growth of the global Al for Drug Discovery marker.
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Market Drivers:
The key drivers in the market include technological advancements, increasing demand by consumers for innovative products, and government-friendly policies. Our research company combines industry reports with expert interviews and market analysis tools to identify and quantify drivers such as these. We review the current trends and gather data from leading industry publications and market research firms to decipher exactly how these and other factors are encouraging or dampening market growth.
- Increasing Pressure On The Drug Manufacturer To Reduce Drug Price
Market Restraints:
Some of the restraints to market growth may include regulatory challenges, high production costs, and disruptions in the supply chain. Our sources for these limitations include the regulation filings, industry surveys, and direct contributions from active participants within this marketplace. Tracking policy updates and economic reports further helps us to determine what kind of effect these factors have on the industry.
- Sourcing
Trends in the Market:
Among the trending ones are sustainability, digital transformation, and increasing importance of data analytics. Our research company is tracking these trends through the use of trend analysis tools, social media sentiment analysis, and industry benchmarking studies. Insights in emerging market preferences and technological advancements also come from surveys and focus groups.
- Hygiene
These include emerging markets, innovation in product development, and strategic partnerships. We identify these opportunities by performing market segmentation analysis, competitive landscape assessment, and investment trend evaluation. The data is collected based on industry reports, financial performance analysis for major players, and forecasting models for identifying future growth areas.
- Implementation Of AI Reduces Researches And Development Gap In The Drug Manufacturing Process And Help In The Targeted Manufacturing Of The Drugs.
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Regulation Shaping the Healthcare Industry
The healthcare industry is significantly influenced by a complex framework of regulations designed to ensure patient safety, efficacy of treatments, and the overall quality of care. Key regulatory areas include drug approval processes, medical device standards, and healthcare data protection. These regulations aim to maintain high standards for clinical practices and safeguard public health.Major Regulatory Bodies Worldwide
1. U.S. Food and Drug Administration (FDA): In the United States, the FDA is a pivotal regulatory authority overseeing the approval and monitoring of pharmaceuticals, medical devices, and biologics. The FDA sets stringent standards for product safety and efficacy, which significantly impacts market entry and ongoing compliance for healthcare companies.2. European Medicines Agency (EMA): The EMA plays a crucial role in the European Union, evaluating and supervising medicinal products. It provides centralized approval for drugs and ensures that products meet rigorous safety and efficacy standards across member states.
3. Health Canada: This agency regulates pharmaceuticals and medical devices in Canada, ensuring that products are safe, effective, and of high quality. Health Canada's regulations are aligned with international standards but tailored to meet national health needs.
4. World Health Organization (WHO): While not a regulatory body in the traditional sense, the WHO sets international health standards and provides guidelines that influence national regulatory frameworks. It plays a key role in global health policy and emergency response.
5. National Medical Products Administration (NMPA): In China, the NMPA regulates the approval and supervision of drugs and medical devices, with an increasing focus on aligning with global standards and facilitating market access.
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SWOT Analysis in the Healthcare Industry
SWOT analysis in the healthcare industry involves a structured assessment of Strengths, Weaknesses, Opportunities, and Threats to identify strategic advantages and areas for improvement.• Strengths: Evaluates internal factors such as advanced technology, skilled personnel, and strong brand reputation. For example, a hospital with cutting-edge medical equipment and specialized staff is considered to have a strong competitive edge.
• Weaknesses: Identifies internal limitations like outdated facilities, regulatory compliance issues, or high operational costs. Weaknesses could include inefficient processes or lack of innovation.
• Opportunities: Assesses external factors that could drive growth, such as emerging medical technologies, expanding markets, or favorable government policies. Opportunities might involve partnerships or new service lines.
• Threats: Examines external challenges such as increasing competition, changing regulations, or economic downturns. Threats might include new entrants with disruptive technologies or stricter regulatory requirements.
Market Segmentation
Segmentation by Type
- Disposable
- Reusable
- Fabric
- N95
AI in Drug Discovery Market Segmentation by Type
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Segmentation by Application
- Healthcare
- Retail
- Public use
AI in Drug Discovery Market Segmentation by Application
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Regional Outlook
The North America currently holds a significant share of the market, primarily due to several key factors: increasing consumption rates, a burgeoning population, and robust economic momentum. These elements collectively drive demand, positioning this region as a leader in the market. On the other hand, North America is rapidly emerging as the fastest-growing area within the industry. This remarkable growth can be attributed to swift infrastructure development, the expansion of various industrial sectors, and a marked increase in consumer demand. These dynamics make this region a crucial player in shaping future market growth. In our report, we cover a comprehensive analysis of the regions and countries, includingRegions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
North America
Dominating Region
North America
The company consistently allocates significant resources to expand its research capabilities, develop new medical technologies, and enhance its pharmaceutical portfolio. Johnson & Johnson's investments in R&D, coupled with strategic acquisitions and partnerships, reinforce its position as a major contributor to advancements in healthcare. This focus on innovation and market expansion underscores the critical importance of the North American region in the global healthcare landscape.
- IBM Corporation (United States)
- Microsoft (United States)
- Google (United States)
- NVIDIA Corporation (United States)
- Atomwise
- Inc. (United States)
- Deep Genomics (Canada)
- Cloud Pharmaceuticals (United States)
- Insilico Medicine (United States)
- Benevolent AI (United Kingdom)
AI in Drug Discovery Market Segmentation by Players
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Primary and Secondary Research
Primary research involves the collection of original data directly from sources in the healthcare industry. Approaches include the survey of health professionals, interviews with patients, focus groups, and clinical trials. This gives an overview of the current practice, the needs of the patient, and the interest in emerging trends. Firsthand information on the efficacy of new treatments, an assessment of market demand, and insight into changes in regulation can be sought only with primary research.Secondary Research: This is the investigation of existing information from a variety of sources, which may include industry reports, academic journals, government publications, and market research studies. Alfred secondary research empowers them to understand trends within industries, historical data, and competitive landscapes. It gives a wide view of the market dynamics and validates findings obtained from primary research. By combining both primary and secondary together, health organizations will be empowered to develop comprehensive strategies and make informed decisions based on a strong foundation built on data.
Report Infographics
|
Report Features |
Details |
|
Base Year |
2023 |
|
Based Year Market Size (2023) |
1.5Billion |
|
Historical Period |
2019 to 2023 |
|
CAGR (2023 to 2031) |
20% |
|
Forecast Period |
2023 to 2031 |
|
Forecasted Period Market Size (2031) |
3Billion |
|
Scope of the Report |
Segmentation by Type
Segmentation by Application
|
|
Regions Covered |
North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
|
Companies Covered |
IBM Corporation (United States), Microsoft (United States), Google (United States), NVIDIA Corporation (United States), Atomwise, Inc. (United States), Deep Genomics (Canada), Cloud Pharmaceuticals (United States), Insilico Medicine (United States), Benevolent AI (United Kingdom) |
|
Customization Scope |
15% Free Customization (For EG) |
|
Delivery Format |
PDF and Excel through Email |
AI in Drug Discovery - Table of Contents
Chapter 1: Market Preface
- 1.1 Global AI in Drug Discovery Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global AI in Drug Discovery Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global AI in Drug Discovery Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Increasing Pressure on the Drug Manufacturer to Reduce Drug Price
-
3.2 Available Opportunities
- 3.2.1 Implementation of AI reduces researches and development gap in the drug manufacturing process and help in the targeted manufacturing of the drugs.
- 3.2.2 Huge Investments in Research & Developments
-
3.3 Influencing Trends
- 3.3.1 Hygiene
- 3.3.2 Protection
-
3.4 Challenges
- 3.4.1 Sourcing
- 3.4.2 Adoption
- 3.5 Regional Dynamics
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Chapter 4 : Global AI in Drug Discovery Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of AI in Drug Discovery Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: AI in Drug Discovery : Competition Benchmarking & Performance Evaluation
- 5.1 Global AI in Drug Discovery Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by AI in Drug Discovery Revenue 2023
- 5.3 Global AI in Drug Discovery Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Ansoff Matrix
- 5.6 FPNV Positioning Matrix
Chapter 6: Global AI in Drug Discovery Market: Company Profiles
- 6.1 IBM Corporation (United States)
- 6.1.1 IBM Corporation (United States) Company Overview
- 6.1.2 IBM Corporation (United States) Product/Service Portfolio & Specifications
- 6.1.3 IBM Corporation (United States) Key Financial Metrics
- 6.1.4 IBM Corporation (United States) SWOT Analysis
- 6.1.5 IBM Corporation (United States) Development Activities
- 6.2 Microsoft (United States)
- 6.3 Google (United States)
- 6.4 NVIDIA Corporation (United States)
- 6.5 Atomwise
- 6.6 Inc. (United States)
- 6.7 Deep Genomics (Canada)
- 6.8 Cloud Pharmaceuticals (United States)
- 6.9 Insilico Medicine (United States)
- 6.10 Benevolent AI (United Kingdom)
- 6.11 Exscientia (United Kingdom)
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Chapter 7 : Global AI in Drug Discovery by Type & Application (2019-2031)
-
7.1 Global AI in Drug Discovery Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Disposable
- 7.1.2 Reusable
- 7.1.3 Fabric
- 7.1.4 N95
- 7.1.5 KN95
-
7.2 Global AI in Drug Discovery Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Healthcare
- 7.2.2 Retail
- 7.2.3 Public Use
- 7.3 Global AI in Drug Discovery Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global AI in Drug Discovery Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America AI in Drug Discovery Market Breakdown by Country, Type & Application
- 8.1 North America AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Disposable
- 8.2.2 Reusable
- 8.2.3 Fabric
- 8.2.4 N95
- 8.2.5 KN95
-
8.3 North America AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Healthcare
- 8.3.2 Retail
- 8.3.3 Public Use
- 8.4 North America AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM AI in Drug Discovery Market Breakdown by Country, Type & Application
- 9.1 LATAM AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Disposable
- 9.2.2 Reusable
- 9.2.3 Fabric
- 9.2.4 N95
- 9.2.5 KN95
-
9.3 LATAM AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Healthcare
- 9.3.2 Retail
- 9.3.3 Public Use
- 9.4 LATAM AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe AI in Drug Discovery Market Breakdown by Country, Type & Application
- 10.1 West Europe AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Disposable
- 10.2.2 Reusable
- 10.2.3 Fabric
- 10.2.4 N95
- 10.2.5 KN95
-
10.3 West Europe AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Healthcare
- 10.3.2 Retail
- 10.3.3 Public Use
- 10.4 West Europe AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe AI in Drug Discovery Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Disposable
- 11.2.2 Reusable
- 11.2.3 Fabric
- 11.2.4 N95
- 11.2.5 KN95
-
11.3 Central & Eastern Europe AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Healthcare
- 11.3.2 Retail
- 11.3.3 Public Use
- 11.4 Central & Eastern Europe AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe AI in Drug Discovery Market Breakdown by Country, Type & Application
- 12.1 Northern Europe AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Disposable
- 12.2.2 Reusable
- 12.2.3 Fabric
- 12.2.4 N95
- 12.2.5 KN95
-
12.3 Northern Europe AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Healthcare
- 12.3.2 Retail
- 12.3.3 Public Use
- 12.4 Northern Europe AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe AI in Drug Discovery Market Breakdown by Country, Type & Application
- 13.1 Southern Europe AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Disposable
- 13.2.2 Reusable
- 13.2.3 Fabric
- 13.2.4 N95
- 13.2.5 KN95
-
13.3 Southern Europe AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Healthcare
- 13.3.2 Retail
- 13.3.3 Public Use
- 13.4 Southern Europe AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia AI in Drug Discovery Market Breakdown by Country, Type & Application
- 14.1 East Asia AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Disposable
- 14.2.2 Reusable
- 14.2.3 Fabric
- 14.2.4 N95
- 14.2.5 KN95
-
14.3 East Asia AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Healthcare
- 14.3.2 Retail
- 14.3.3 Public Use
- 14.4 East Asia AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia AI in Drug Discovery Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Disposable
- 15.2.2 Reusable
- 15.2.3 Fabric
- 15.2.4 N95
- 15.2.5 KN95
-
15.3 Southeast Asia AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Healthcare
- 15.3.2 Retail
- 15.3.3 Public Use
- 15.4 Southeast Asia AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia AI in Drug Discovery Market Breakdown by Country, Type & Application
- 16.1 South Asia AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Disposable
- 16.2.2 Reusable
- 16.2.3 Fabric
- 16.2.4 N95
- 16.2.5 KN95
-
16.3 South Asia AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Healthcare
- 16.3.2 Retail
- 16.3.3 Public Use
- 16.4 South Asia AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia AI in Drug Discovery Market Breakdown by Country, Type & Application
- 17.1 Central Asia AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Disposable
- 17.2.2 Reusable
- 17.2.3 Fabric
- 17.2.4 N95
- 17.2.5 KN95
-
17.3 Central Asia AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Healthcare
- 17.3.2 Retail
- 17.3.3 Public Use
- 17.4 Central Asia AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania AI in Drug Discovery Market Breakdown by Country, Type & Application
- 18.1 Oceania AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Disposable
- 18.2.2 Reusable
- 18.2.3 Fabric
- 18.2.4 N95
- 18.2.5 KN95
-
18.3 Oceania AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Healthcare
- 18.3.2 Retail
- 18.3.3 Public Use
- 18.4 Oceania AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA AI in Drug Discovery Market Breakdown by Country, Type & Application
- 19.1 MEA AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Disposable
- 19.2.2 Reusable
- 19.2.3 Fabric
- 19.2.4 N95
- 19.2.5 KN95
-
19.3 MEA AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Healthcare
- 19.3.2 Retail
- 19.3.3 Public Use
- 19.4 MEA AI in Drug Discovery Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA AI in Drug Discovery Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA AI in Drug Discovery Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The AI in Drug Discovery Market is growing at a steady pace over the last few years and is expected to grow at a CAGR of 20% from 2023 to 2031 to reach a market size of 20% 3Billion
The AI in Drug Discovery Market is estimated to grow at a CAGR of 20%, currently pegged at 1.5Billion.
The changing dynamics and trends such as Hygiene, Protection are seen as major Game Changer in Global AI in Drug Discovery Market.
- Increasing Pressure On The Drug Manufacturer To Reduce Drug Price
- Growing Number Of Cross-Industry Collaborations And Partnerships
Some of the major challanges seen in Global AI in Drug Discovery Market are Sourcing, Adoption.
The market opportunity is clear from the flow of investment into Global AI in Drug Discovery Market, some of them are Implementation Of AI Reduces Researches And Development Gap In The Drug Manufacturing Process And Help In The Targeted Manufacturing Of The Drugs.,,
Huge Investments In Research & Developments.
AI in Drug Discovery Market identifies market share by players along with the concentration rate using CR4, CR8 Index to determine leading and emerging competitive players such as IBM Corporation (United States), Microsoft (United States), Google (United States), NVIDIA Corporation (United States), Atomwise, Inc. (United States), Deep Genomics (Canada), Cloud Pharmaceuticals (United States), Insilico Medicine (United States), Benevolent AI (United Kingdom), Exscientia (United Kingdom).
The Global AI in Drug Discovery Market Study is Broken down by applications such as Healthcare, Retail, Public use.
The Global AI in Drug Discovery Market Study is segmented by Disposable, Reusable, Fabric, N95, KN95.
The Global AI in Drug Discovery Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - 2023; Base year: 2023; Forecast period: 2025 to 2031
Artificial intelligence for drug discovery is a technology that uses and different algorithms that value add in decision-making processes for drug discovery. The increasing cases of rare diseases and demand for personalized drugs are the major factor fueling the growth of the global Al for Drug Discovery marker.
