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AI in Drug Discovery Market size was valued at USD 1163.16 Mn. in 2022 and the total market revenue is expected to grow by 29.5% from 2023 to 2029, reaching nearly USD 7104.46 Mn.
AI in Drug Discovery Market Overview:
The AI in Drug Discovery market research report is a comprehensive analysis of the AI in Drug Discovery industry. The report outlines the past, present, and future growth patterns of the AI in Drug Discovery market share, along with the CAGR, Y-O-Y market growth, forecast, revenue share, and trends in price. The research identifies industry-specific challenges, opportunities, and technological advancements that can help AI in Drug Discovery market players with strategic planning to increase revenue and growth. Market research AI in Drug Discovery research covers present and emerging trends that are influencing the development of the market at local, regional, and global levels.
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Market Scope:
The report contributes to a detailed scenario of the global AI in Drug Discovery market growth structure by identifying and assessing market segments and estimating market size. The report also contains a comparison of key firms' pricing, financial standing, application growth objectives, and regional presence. To assist shareholders in prioritizing their efforts and investments in the global AI in Drug Discovery market size, the study also contains a PESTLE analysis.
Analysis of key market players and new entrants is provided based on goods and services offered, revenue, financial status, portfolio, growth strategies, and regional presence. Recent developments regarding acquisitions and mergers, and the strategic stance of the companies with information on joint alliances give an accurate picture of the competitive landscape in the AI in Drug Discovery industry.
Decision-makers now have a clear picture of the future of the market thanks to the investigation of external and internal factors that are expected to either benefit or harm enterprises. Through the analysis of market segmentation and projections of market size, the study also contributes to an understanding of the dynamic structure of the global ## market. The study is a resource for investors by giving a thorough representation of the competitive analysis of significant organizations in the Global AI in Drug Discovery Market growth based on price, financial position, growth strategies, and geographic presence.
AI in Drug Discovery Market Segmentation:
The AI in Drug Discovery Market is divided into two parts: software and services. The services sector is expected to lead the global AI in drug discovery services market in 2022, with the highest CAGR between 2022 and 2029. The benefits associated with AI services, as well as the growing demand for AI services among end users, are the primary factors driving the growth of this market sector.
AI in Drug Discovery Market Key Players:
1. GNS Healthcare (US)
2. BioSymetrics (US)
3. BPGbio, Inc (US)
4. Atomwise Inc (US)
5. Insitro (US)
6. NVIDIA Corporation (US)
7. IBM Corporation (US)
8. Microsoft Corporation (US)
9. Aria Pharmaceuticals, Inc. (US)
10. Insilico Medicine (US)
11. NuMedii, Inc. (US)
12. Owkin Inc. (US)
13. Schrödinger, Inc. (US)
14. DEEP GENOMICS (Canada)
15. Cyclica (Canada)
16. BenevolentAI (UK)
17. Exscientia (UK)
18. Iktos (France)
19. Euretos (Netherlands)
20. Evaxion Biotech A/S (Denmark)
21. XtalPi Inc (China)
22. Standigm (South Korea)
Regional Analysis:
The AI in Drug Discovery Market is examined at the national level and international level market structure with a focus on market shares, categories with the potential for strong growth, and categories. The regional breakdowns in the AI in Drug Discovery Market research include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and other nations. It further involves a study of various factors such as economic indicators, demographics, social trends, infrastructure, and other relevant variables within a specific region or area.
Key Questions answered in the AI in Drug Discovery Market Report are:
- What is AI in Drug Discovery Market?
- What is the forecast period of the AI in Drug Discovery Market?
- What is the competitive scenario of the AI in Drug Discovery market?
- Which region held the largest market share in the AI in Drug Discovery Market?
- What are the opportunities for the AI in Drug Discovery Market?
- What factors are affecting the AI in Drug Discovery market growth?
- Who are the key players of the AI in Drug Discovery market?
- Which company held the largest share in the AI in Drug Discovery market?
- What will be the CAGR of the AI in Drug Discovery market during the forecast period?
- What key trends are likely to emerge in the AI in Drug Discovery market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth Drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by AI in Drug Discovery.
- Landscape- Leading key players and other prominent key players.
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