Artificial Intelligence for Drug Discovery and Development Market Overview

The global artificial intelligence for drug discovery and development market size was valued at USD 710 million in 2021 and is estimated to reach an expected value of USD 8520 million by 2030, registering a CAGR of 31.8% during the forecast period (2022 – 2030).

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Artificial Intelligence for Drug Discovery and Development Market Report Scope and Research Methodology

This report provides both qualitative and quantitative insights, ensuring reliability, transparency, and depth of analysis. The scope defines the boundaries and categories of the market, enabling a clear understanding of its structure and dynamics.

The study evaluates market size and forecasts by analyzing key segments and sub-segments. It also explores drivers, restraints, and opportunities—including cost optimization, government initiatives, sustainability concerns, and ongoing technological innovations. Furthermore, the report examines competitive positioning, investment patterns, and regulatory influences shaping industry development.

Artificial Intelligence for Drug Discovery and Development Market Regional Insights

The regional assessment covers North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is analyzed in terms of market share, growth trends, trade flows, and investment potential. By examining factors such as demand patterns, industry performance, and policy support, the report offers a comprehensive outlook on how the market evolves across diverse geographies.

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Artificial Intelligence for Drug Discovery and Development Market Segmentation

  1. By Type
    1. Target identification
    2. Molecules screening
    3. De novo drug design &drug optimization
    4. Preclinical &clinical testing
  2. By Indication
    1. Oncology
    2. Infectious disease
    3. Neurology
    4. Others
  3. By End User
    1. Pharmaceutical & Biotechnology
    2. CRO

Artificial Intelligence for Drug Discovery and Development Market Key Players

  1. Alphabet Inc.
  2. Atomwise Inc.
  3. Benevolent AI
  4. Cloud Pharmaceutical
  5. Deep Genomics
  6. Exscientia
  7. IBM Corporation
  8. Insilico Medicine Inc.
  9. Microsoft Corporation
  10. Nvidia Corporation. 

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Key questions answered in the Artificial Intelligence for Drug Discovery and Development Market are:

  1. How big is the Artificial Intelligence for Drug Discovery and Development market?
  2. What is the expected size of Artificial Intelligence for Drug Discovery and Development market?
  3. How much is the global Artificial Intelligence for Drug Discovery and Development market worth?
  4. What is the Artificial Intelligence for Drug Discovery and Development market growth?
  5. Which segment accounted for the largest Artificial Intelligence for Drug Discovery and Development market share?
  6. What are the key Artificial Intelligence for Drug Discovery and Development market segments?
  7. What was the value of the Artificial Intelligence for Drug Discovery and Development market in North America in 2024?
  8. Which region held the largest share of the market?
  9. What are the factors driving the Artificial Intelligence for Drug Discovery and Development market?
  10. What are the leading key players in the Artificial Intelligence for Drug Discovery and Development market?
  11. Who are the key players in Artificial Intelligence for Drug Discovery and Development market?

About Straits Research:

Straits Research delivers in-depth market intelligence and actionable insights across multiple industries. Our reports are designed to guide decision-makers, investors, and businesses in identifying growth opportunities, navigating challenges, and developing effective strategies for sustainable success.

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