Global Artificial Intelligence (AI) in Drug Discovery Market

The GMI Research predicts that the Artificial Intelligence (AI) in Drug Discovery Market will perceive an increase in demand over the forecast period. This is because of the potential of AI to find out drugs for complicated conditions and the aggravating emphasis of major players to offer platforms for neurological ailments.  

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AI in Drug Discovery Market Dynamics

The soaring number of cross-industry mergers and alliances, as well as the increasing need to manage drug discovery and establishment cost, are the notable factors elevating the growth of the global artificial intelligence in the drug discovery market. In addition, the growing endorsement of cloud-based exertion and services and the imminent expiry of patents of colossus drugs are supplementing the market growth.

Moreover, the mounting amount of huge data created by the molecule investigation procedures and the presymptomatic studies is encouraging the acquisition of artificial intelligence across the drug delivery space. Thus, this rising endorsement of artificial intelligence to conduct accustomed processes such as personalization potential and data mining of AI platforms is paving the way for market growth. Besides this, the AI-based models help to avoid the experimental cost and effective projection of cross-species differences. However, the insufficient data sets in the field of drug discovery and insufficient accessibility of educated labor are hindering the Artificial Intelligence (AI) in Drug Discovery market size.

Artificial Intelligence (AI) in Drug Discovery Market Segmentation:

Segmentation by Offering

• Software
• Services

Segmentation by Technology

• Machine Learning
• Deep Learning
• Supervised Learning
• Reinforcement Learning
• Unsupervised Learning
• Other Machine Learning Technologies
• Other Technologies

Segmentation by Application

• Immuno-oncology
• Neurodegenerative Diseases
• Cardiovascular Diseases
• Metabolic Diseases
• Other Applications

Segmentation by End User

• Pharmaceutical & Biotechnology Companies
• Contract Research Organizations
• Research Centers and Academic & Government Institutes

Segmentation by Region:

• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• North America
  • United States of America
  • Canada
• RoW
  • UAE
  • Brazil
  • South Africa
  • Saudi Arabia

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