Advance Market Analytics published a new research publication on “AI in Drug Discovery Market Insights, to 2026” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the AI in Drug Discovery market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
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)
Scope of the Report of AI in Drug Discovery:
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.
The titled segments and sub-section of the market are illuminated below:
by Application (Immuno-oncology, Neurodegenerative Diseases, Cardiovascular Diseases, Metabolic Diseases, Others), Technology (Machine Learning, Deep Learning, Others), End-User (Pharmaceutical & Biotechnology, Research Organizations, Academic & Government Institutes), Component (Software, Services)
Market Trends:
Research Applying AI to Drug Discovery is Accelerating
Data Sharing
Opportunities:
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
Market Drivers:
Increasing Pressure on the Drug Manufacturer to Reduce Drug Price
Growing Number of Cross-Industry Collaborations and Partnerships
Challenges:
Protecting Intellectual Property and Data
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Source: digitaljournal.com
