A New Research Published by DBMR on the Global Artificial Intelligence (AI) in Drug Discovery Market (COVID 19 Version) in various regions to produce more than 300+ page reports. This study is a perfect blend of qualitative and quantifiable information highlighting key market developments, industry and competitors’ challenges in gap analysis and new opportunities and may be trending in the Artificial Intelligence (AI) in Drug Discovery Market..The study begins with the Artificial Intelligence (AI) in Drug Discovery introduction, market dynamics in terms of drivers, restraints, challenges, and regulatory scenario by region and countries. Further, Artificial Intelligence (AI) in Drug Discovery report involves market overview, key players profiling, key developments, suppliers of raw materials and dealers, among other information. It also consists of market size, sales, share, industry growth rate, and revenue.The Artificial Intelligence (AI) in Drug Discovery market report helps in understanding customer inclination towards purchasing products.The report considers major regions Covers namely North America, Europe, Japan, China, Southeast Asia, India, Middle East & Africa, and South America
Artificial intelligence (AI) in drug discovery market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 3,932.87 million by 2027 growing at a CAGR of 40.5% in the above-mentioned forecast period. The growing awareness amongst the physicians and patients regarding the benefits of artificial intelligence has been directly impacting the growth of the market.
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Top Key Players of the Market:
- NVIDIA Corporation
- IBM Corporation
- Atomwise, Inc
- DEEP GENOMICS
- Cloud Pharmaceuticals, Inc
- Insilico Medicine
- BenevolentAI Ltd
- Cyclica Inc.
Scope of the Report:
Artificial Intelligence (AI) in Drug Discovery market research report lends a hand with organization to gain vital information about the competitors, economic shifts, demographics, current market trends and spending traits of the customers. This global marketing report provides real world research solutions for every industry sector, along with meticulous data collection from non-public sources to better equip businesses with the information they need most. The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. A world class Artificial Intelligence (AI) in Drug Discovery market report also covers five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Impact of COVID-19:
- Impact of Coronavirus (COVID-19) on the Artificial Intelligence (AI) in Drug Discovery industry. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Artificial Intelligence (AI) in Drug Discovery market in 2021.
- The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; emergency declared in many countries; massive slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about future.
- COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.
The report involves insightful data on the main sectors of the Global Artificial Intelligence (AI) in Drug Discovery Market. The report has segmented market, by its types and applications. Regional insights on the Artificial Intelligence (AI) in Drug Discovery market around several geographies has been covered in this insightful study, coupled with country-level analysis. Influential market dynamics across regional segments are slated in the report, with their magnitudes differing from country to country. Each segment has analyzed completely on the basis of its production, consumption as well as revenue.
Segmentation: Artificial Intelligence (AI) in Drug Discovery Market
By Offering (Software, Services), Technology (Machine Learning, Other Technologies), Drug Type (Small Molecule, Large Molecules), Application (Immuno-Oncology, Neurodegenerative Diseases, Cardiovascular Disease, Metabolic Diseases, Other Applications), End-User (Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Research Centres and Academic & Government Institutes)
Increasing penetration of smartphones, tablets and other mobile platform; increasing utilization of connected medical devices and Artificial Intelligence (AI) in Drug Discovery application and increasing healthcare cost are some factors driving the growth of the market. Additionally, rising acceptance of Artificial Intelligence (AI) in Drug Discovery as a primary source of information has impelled the market growth positively. Moreover, it covers the government regulations & policies of prominent regions that are affecting the dynamics of the market.Conclusive study about the growth plot of Artificial Intelligence (AI) in Drug Discovery Market for forthcoming years.In-depth understanding of market-particular drivers, constraints and major micro markets.
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Global Artificial Intelligence (AI) in Drug Discovery Market Scope and Market Size:-
Artificial intelligence (AI) in drug discovery market is segmented on the basis of offering, technology, drug type, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on offering, artificial intelligence (AI) in drug discovery market is segmented into software and services.
- On the basis of technology, artificial intelligence (AI) in drug discovery market is segmented into machine learning and other technologies. Machine learning has been further segmented into deep learning, supervised learning, reinforcement learning, unsupervised learning and other machine learning technologies.
- Based on drug type, artificial intelligence (AI) in drug discovery market is segmented into small molecule and large molecules.
- On the basis of application, artificial intelligence (AI) in drug discovery market is segmented into immuno-oncology, neurodegenerative diseases, cardiovascular disease, metabolic diseases and other applications.
- Artificial intelligence (AI) in drug discovery market has also been segmented based on the end user into pharmaceutical & biotechnology companies, contract research organizations, research centres and academic & government institutes.
- The Global Artificial Intelligence (AI) in Drug Discovery Market study offers a comprehensive overview of the current market and forecasts by 2021-2027 to help identify emerging business opportunities on which to capitalize.
- The Global Artificial Intelligence (AI) in Drug Discovery Market report provides an in-depth review of industry dynamics in Artificial Intelligence (AI) in Drug Discovery, including existing and potential developments to represent prevailing consumer pockets of investment.
- The report provides details concerning key drivers, constraints and opportunities and their effect on the Artificial Intelligence (AI) in Drug Discovery report.
- Industry players’ strategic analysis and industry position in the Global Artificial Intelligence (AI) in Drug Discovery Market;
- The report elaborates on the SWOT analysis and Porters Five Forces model.
- The market-study value chain review gives a good view of the positions of the stakeholders.
On the Basis of Region
The report is mainly segmented into several key regions, with sales, revenue, market share and growth rate of Artificial Intelligence (AI) in Drug Discovery in these regions, from 2021 to 2028, covering:
U.S., Canada and Mexico in North America, Germany, France, U.K.
Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand
Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)
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Benefits of Buying The Report:
- Our report is also known for its data accuracy and granular market analysis
- A complete picture of the competitive scenario of the global Artificial Intelligence (AI) in Drug Discovery market is depicted by this report.
- The extensive spectrum of analysis regarding the major advancements
- It also provides a complete assessment of the future market and the changing market scenario.
- Current and predictable size of the Artificial Intelligence (AI) in Drug Discovery market from the perspective of both value and volume.
- Reporting and estimation of recent industry developments.
- References to companies for establishment their position in the Artificial Intelligence (AI) in Drug Discovery Market.
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