The global Intelligent Drug Discovery Market is forecasted to be worth USD 3,711.8 Million by 2027, according to a current analysis by Emergen Research. The Global Intelligent Drug Discovery Market Report offers extensive knowledge and information about the Intelligent Drug Discovery market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The intelligent drug technology market is growing, and several pharmaceutical companies are focusing on the development of drugs using artificial intelligence. The pharma companies are taking advantage of the technology to discover drugs for more complex diseases. The Global Intelligent Drug Discovery Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Intelligent Drug Discovery market in each key region of the world. Furthermore, the report also covers a present and future impact analysis of the pandemic on market growth.
The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Intelligent Drug Discovery market. The growing adoption of cloud-based applications and the expiration of patented drugs will pave the way for new generic and OTC medicines, which will influence market demand. The advancement in deep learning and machine learning will allow pharmaceutical companies to reorganize molecule binding properties with high accuracy. The report on the global Intelligent Drug Discovery market presents the expected growth rate and market value the market is expected to achieve in the coming years.
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Key participants include IBM Corporation, Microsoft Corporation, Google, NVIDIA Corporation, Cloud Pharmaceuticals, Inc., Atomwise, Inc., Insilico Medicine, Exscientia, Bioage, and Envisagenics, among others.
The constant increase in the number of patients suffering from chronic diseases and pharmaceutical companies investing heavily in the development of various drugs are also influencing the market growth. Intelligent drug discovery process help in the design and development of novel products. Another market driving the demand for intelligent drug discovery will be the availability of various options to carry out the standard options such as customization capabilities and data mining on the AI platform. However, lack of data sets in drug discovery and scarcity of skilled professionals will hinder market demand.
Key Highlights From The Report
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The report aims to deliver a comprehensive understanding of the Intelligent Drug Discovery market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
Key Geographies Profiled in the Report:
For the purpose of this report, Emergen Research has segmented into the global Intelligent Drug Discovery Market on the offering, technology, application, end-user, and region:
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Intelligent Drug Discovery Market Segmentation & Impact Analysis
4.1. Intelligent Drug Discovery Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
184.108.40.206. Need to Control Drug Discovery & Development Costs and Reduce Time
220.127.116.11. Growing Number of Cross-Industry Collaborations and Partnerships
4.2.3. Market restraints analysis
18.104.22.168. Limited Availability of Data Sets
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Intelligent Drug Discovery Market By Offering Insights & Trends Revenue (USD Million)
5.1. Offering Dynamics & Market Share, 2019 & 2027
Key Objectives of the Global Intelligent Drug Discovery Market Report:
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