Global Artificial Intelligence (AI) in Drug Discovery Market Analysis and Forecast, 2019-2028
The global AI in the Drug Discovery market was US$ 780 million in 2021 and is expected to grow at a CAGR of 26.8% over the forecast period of 2022-2028.
Market Scope & Overview
The global Artificial Intelligence in Drug Discovery market study comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the global market for the historical period of 2019-2021 and the forecast period of 2022-2028 based on the product installed base, key forecasting factors impacting the market conditions, and major market developments happening in the market throughout the analysis period. practices primary and secondary research for conducting an insightful market study. Various market parameters such as macroeconomic conditions, market environment, government policies, and competitive landscape are thoroughly studied and taken into account while analyzing the market.
The global Artificial Intelligence in Drug Discovery market report also covers value chain and supply chain analysis that provides in-depth information about the value addition at each stage of the product. Market dynamics incorporated in the market study include drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.
The global AI in the Drug Discovery market includes a market share analysis and market structure overview with detailed company profiling of leading players with their financials, product offerings, major developments, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.
State of Global Economy, COVID-19 Outbreak, and the Russo-Ukraine War Impact
The global economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdue growth, while other countries continued to grapple with economic slowdowns. Also, intensifying tension between the US and Iran along with the tightening sanctions on Venezuela by the US further hampered global economic growth in 2019. Moreover, the heightened trade war between the US and China and the rising trade uncertainty continued to exert adverse effects on the global economy. Amid all these, the COVID-19 outbreak at the end of the year 2019 in Wuhan, China further deteriorated global economic growth.
The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, UK, Germany, India, Japan, South Korea, the UK, and many others. Many of these countries had announced partial or complete nationwide lockdowns. The governments of several nations have called on people to shelter in place at home, travel restrictions, shut down local businesses, and prohibited social gatherings.
The rapid spread of the virus in the early month of 2020 followed by a second wave of COVID-19 caused a significant change in management strategies of the leading industries which have affected the market or industry at a significant level. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.
Key Market Segmentation and Companies
the global AI in the Drug Discovery market based on component, therapeutic area, technology, application, and region.
• By Component
o Software
o Hardware
o Services
• By Therapeutic Area
o Oncology
o Neurodegenerative Diseases
o Cardiovascular Disease
o Metabolic Diseases
o Infectious Disease
• By Technology
o Machine Learning
o Deep Learning
• By Application
o Target Identification
o Candidate Screening
o De novo Drug Designing
o Drug Optimization and Repurposing
o Preclinical Testing
• By Region
o North America
o US
o Canada
o Latin America
o Brazil
o Mexico
o Rest of Latin America
o Western Europe
o Germany
o UK
o France
o Spain
o Italy
o Benelux
o Nordic
o Rest of Western Europe
o Eastern Europe
o Russia
o Poland
o Rest of Eastern Europe
o Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o ASEAN (Indonesia, Vietnam, Malaysia, etc.)
o Rest of Asia Pacific
o Middle East & Africa
o GCC
o South Africa
o Turkey
o Rest of the Middle East & Africa
• Leading Companies and Market Players
o Microsoft Corporation
o IBM Corporation
o Google (A Subsidiary of Alphabet Inc.)
o Atomwise Inc
o Deep Genomics
o Cloud Pharmaceuticals Inc.
o Insilico Medicine
o Benevolent AI
o Exscientia
o Cyclica
o Bioage
o BioSymetrics
o Euretos
o Insitro
o GNS Healthcare
Global AI in Drug Discovery Market Analysis and Forecast 2019-2028 Table of Contents 1. Market Introduction 1.1. Scope of Study 1.2. Problem Statement 1.3. Market Segmentation 2. Assumptions and Acronyms 3. Executive Summary 3.1. Global Market in 2022 3.2. Analyst Insights & Recommendations 3.3. Growth Opportunities and Key Strategies 3.4. Supply-side and Demand-side Trends 4. Research Methodology 5. Analysis of COVID-19 Impact and Road Ahead 6. Market Indicators and Background 6.1. Macro-Economic Factors 6.2. Forecasting Factors 6.3. Supply Chain & Value Chain Analysis 6.4. Industry SWOT Analysis 6.5. PESTLE Analysis 6.6. Porter's Five Forces Analysis 7. Government Laws and Industry Regulations 8. Global and Regional Market Dynamics 8.1. Drivers 8.2. Restraints 8.3. Trends 8.4. Opportunities 9. Parent Market Overview 9.1. Global AI Market 9.2. Global Pharmaceutical Market 10. Segmental Analysis 10.1. Global AI in Drug Discovery Market by Component 10.1.1. Segment Overview 10.1.1.1. Software 10.1.1.2. Hardware 10.1.1.3. Services 10.2. Global AI in Drug Discovery Market by Therapeutic Area 10.2.1. Segment Overview 10.2.1.1. Oncology 10.2.1.2. Neurodegenerative Diseases 10.2.1.3. Cardiovascular Disease 10.2.1.4. Metabolic Diseases 10.2.1.5. Infectious Disease 10.3. Global AI in Drug Discovery Market by Technology 10.3.1. Segment Overview 10.3.1.1. Machine Learning 10.3.1.2. Deep Learning 10.4. Global AI in Drug Discovery Market by Application 10.4.1. Segment Overview 10.4.1.1. Target Identification 10.4.1.2. Candidate Screening 10.4.1.3. De novo Drug Designing 10.4.1.4. Drug Optimization and Repurposing 10.4.1.5. Preclinical Testing 10.5. Global AI in Drug Discovery Market by Region 10.5.1. North America 10.5.2. Latin America 10.5.3. Western Europe 10.5.4. Eastern Europe 10.5.5. Asia Pacific 10.5.6. Middle East & Africa 11. Regional Analysis 11.1. North America AI in Drug Discovery Market Analysis and Forecast 2019-2028 11.1.1. Regional Market Overview and Key Takeaways 11.1.2. North America AI in Drug Discovery Market by Component 11.1.3. North America AI in Drug Discovery Market by Therapeutic Area 11.1.4. North America AI in Drug Discovery Market by Technology 11.1.5. North America AI in Drug Discovery Market by Application 11.1.6. North America AI in Drug Discovery Market by Country 11.1.6.1. US 11.1.6.2. Canada 11.2. Latin America AI in Drug Discovery Market Analysis and Forecast 2019-2028 11.2.1. Regional Market Overview and Key Takeaways 11.2.2. Latin America AI in Drug Discovery Market by Component 11.2.3. Latin America AI in Drug Discovery Market by Therapeutic Area 11.2.4. Latin America AI in Drug Discovery Market by Technology 11.2.5. Latin America AI in Drug Discovery Market by Application 11.2.6. Latin America AI in Drug Discovery Market by Country 11.2.6.1. Brazil 11.2.6.2. Mexico 11.2.6.3. Rest of Latin America 11.3. Western Europe AI in Drug Discovery Market Analysis and Forecast 2019-2028 11.3.1. Regional Market Overview and Key Takeaways 11.3.2. Western Europe AI in Drug Discovery Market by Component 11.3.3. Western Europe AI in Drug Discovery Market by Therapeutic Area 11.3.4. Western Europe AI in Drug Discovery Market by Technology 11.3.5. Western Europe AI in Drug Discovery Market by Application 11.3.6. Western Europe AI in Drug Discovery Market by Country 11.3.6.1. Germany 11.3.6.2. UK 11.3.6.3. France 11.3.6.4. Spain 11.3.6.5. Italy 11.3.6.6. Benelux 11.3.6.7. Nordic 11.3.6.8. Rest of Western Europe 11.4. Eastern Europe AI in Drug Discovery Market Analysis and Forecast 2019-2028 11.4.1. Regional Market Overview and Key Takeaways 11.4.2. Eastern Europe AI in Drug Discovery Market by Component 11.4.3. Eastern Europe AI in Drug Discovery Market by Therapeutic Area 11.4.4. Eastern Europe AI in Drug Discovery Market by Technology 11.4.5. Eastern Europe AI in Drug Discovery Market by Application 11.4.6. Eastern Europe AI in Drug Discovery Market by Country 11.4.6.1. Russia 11.4.6.2. Poland 11.4.6.3. Rest of Eastern Europe 11.5. Asia Pacific AI in Drug Discovery Market Analysis and Forecast 2019-2028 11.5.1. Regional Market Overview and Key Takeaways 11.5.2. Asia Pacific AI in Drug Discovery Market by Component 11.5.3. Asia Pacific AI in Drug Discovery Market by Therapeutic Area 11.5.4. Asia Pacific AI in Drug Discovery Market by Technology 11.5.5. Asia Pacific AI in Drug Discovery Market by Application 11.5.6. Asia Pacific AI in Drug Discovery Market by Country 11.5.6.1. China 11.5.6.2. Japan 11.5.6.3. India 11.5.6.4. South Korea 11.5.6.5. Australia 11.5.6.6. ASEAN 11.5.6.7. Rest of Asia-Pacific 11.6. Middle East & Africa AI in Drug Discovery Market Analysis and Forecast 2019-2028 11.6.1. Regional Market Overview and Key Takeaways 11.6.2. Middle East & Africa AI in Drug Discovery Market by Component 11.6.3. Middle East & Africa AI in Drug Discovery Market by Therapeutic Area 11.6.4. Middle East & Africa AI in Drug Discovery Market by Technology 11.6.5. Middle East & Africa AI in Drug Discovery Market by Application 11.6.6. Middle East & Africa AI in Drug Discovery Market by Country 11.6.6.1. GCC 11.6.6.2. South Africa 11.6.6.3. Turkey 11.6.6.4. Rest of the Middle East & Africa 12. Competitive Landscape 12.1. Competition Dashboard 12.1.1. Global and Regional Market Share Analysis 12.1.2. Market Structure 12.2. Competitive Benchmarking 12.3. Key Strategy Analysis 12.4. Company Profiles 12.4.1. Microsoft Corporation 12.4.1.1. Company Overview 12.4.1.2. Product /Service Offerings 12.4.1.3. Financials 12.4.1.4. Recent Developments 12.4.2. IBM Corporation 12.4.2.1. Company Overview 12.4.2.2. Product /Service Offerings 12.4.2.3. Financials 12.4.2.4. Recent Developments 12.4.3. Google (A Subsidiary of Alphabet Inc.) 12.4.3.1. Company Overview 12.4.3.2. Product /Service Offerings 12.4.3.3. Key Financials 12.4.3.4. Recent Developments 12.4.4. Atomwise Inc 12.4.4.1. Company Overview 12.4.4.2. Product /Service Offerings 12.4.4.3. Key Financials 12.4.4.4. Recent Developments 12.4.5. Deep Genomics 12.4.5.1. Company Overview 12.4.5.2. Product /Service Offerings 12.4.5.3. Financials 12.4.5.4. Recent Developments 12.4.6. Cloud Pharmaceuticals Inc. 12.4.6.1. Company Overview 12.4.6.2. Product /Service Offerings 12.4.6.3. Financials 12.4.6.4. Recent Developments 12.4.7. Insilico Medicine 12.4.7.1. Company Overview 12.4.7.2. Product /Service Offerings 12.4.7.3. Financials 12.4.7.4. Recent Developments 12.4.8. Benevolent AI 12.4.8.1. Company Overview 12.4.8.2. Product /Service Offerings 12.4.8.3. Financials 12.4.8.4. Recent Developments 12.4.9. Exscientia 12.4.9.1. Company Overview 12.4.9.2. Product /Service Offerings 12.4.9.3. Financials 12.4.9.4. Recent Developments 12.4.10. Cyclica 12.4.10.1. Company Overview 12.4.10.2. Product /Service Offerings 12.4.10.3. Financials 12.4.10.4. Recent Developments 12.4.11. Bioage 12.4.11.1. Company Overview 12.4.11.2. Product /Service Offerings 12.4.11.3. Financials 12.4.11.4. Recent Developments 12.4.12. BioSymetrics 12.4.12.1. Company Overview 12.4.12.2. Product /Service Offerings 12.4.12.3. Financials 12.4.12.4. Recent Developments 12.4.13. Euretos 12.4.13.1. Company Overview 12.4.13.2. Product /Service Offerings 12.4.13.3. Financials 12.4.13.4. Recent Developments 12.4.14. Insitro 12.4.14.1. Company Overview 12.4.14.2. Product /Service Offerings 12.4.14.3. Financials 12.4.14.4. Recent Developments 12.4.15. GNS Healthcare 12.4.15.1. Company Overview 12.4.15.2. Product /Service Offerings 12.4.15.3. Financials 12.4.15.4. Recent Developments A comprehensive list of AI in Drug Discovery brands/manufacturers by country will be provided along with geographical reach, employee count, revenue, Therapeutic Area capacities, and their capabilities. 13. Disclaimer
Publisher: RationalStat
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