Artificial Intelligence In Drug Discovery Market 2025-2029
The artificial intelligence in drug discovery market is forecasted to grow by USD 4318.4 mn during 2024-2029, accelerating at a CAGR of 25.7% during the forecast period. The report on the artificial intelligence in drug discovery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by availability of funding, government initiatives, and expansion of biotechnology sector.
Technavio's artificial intelligence in drug discovery market is segmented as below:
By Deployment
By Therapeutic Area
- Oncology
- Infectious diseases
- Neurology
- Metabolic diseases
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the strategic partnerships as one of the prime reasons driving the artificial intelligence in drug discovery market growth during the next few years. Also, product launches and technological innovations will lead to sizable demand in the market.
The report on the artificial intelligence in drug discovery market covers the following areas:
- Artificial Intelligence In Drug Discovery Market sizing
- Artificial Intelligence In Drug Discovery Market forecast
- Artificial Intelligence In Drug Discovery Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial intelligence in drug discovery market vendors that include Atomwise Inc., BenevolentAI, C4X Discovery Holdings PLC, Deep Genomics Inc., Enamine Ltd, Evotec SE, GNS Healthcare Inc., Insilico Medicine, PathAI Inc., Phenomic AI Inc., Recursion Pharmaceuticals, Roivant Sciences Ltd., Schrodinger Inc., Verge Analytics Inc., and Zoetis Inc.. Also, the artificial intelligence in drug discovery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.