The Artificial Intelligence (AI) In Drug Discovery Global Market Report 2021-31 by The Business Research Company describes and explains the global artificial intelligence (AI) in drug discovery market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Artificial Intelligence (AI) In Drug Discovery Global Market Report 2022 covers artificial intelligence (AI) in drug discovery market drivers, artificial intelligence (AI) in drug discovery market trends, artificial intelligence (AI) in drug discovery market segments, artificial intelligence (AI) in drug discovery market growth rate, artificial intelligence (AI) in drug discovery market major players, and artificial intelligence (AI) in drug discovery market size.
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The AI in drug discovery market report provides in-depth analysis of the impact of COVID-19 on the global artificial intelligence (AI) in drug discovery industry along with revised market numbers due to the effects of the coronavirus and the expected artificial intelligence in drug discovery market growth numbers for 2022-2031.
The global artificial intelligence in drug discovery market is expected to grow from $791.83 million in 2021 to $1042.30 million in 2022 at a compound annual growth rate (CAGR) of 31.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The AI in drug discovery market is expected to reach $2994.52 million in 2026 at a CAGR of 30.2%.
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Artificial Intelligence In Drug Discovery Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the AI in drug discovery market segments-
1) By Technology: Deep Learning, Machine Learning
2) By Drug Type: Small Molecule, Large Molecules
3) By Disease Type: Metabolic Disease, Cardiovascular Disease, Oncology, Neurodegenerative Diseases, Others
4) By End-Users: Pharmaceutical Companies, Biopharmaceutical Companies, Academic and Research Institutes, Others
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