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 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.
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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.
Covid 19 impact analysis@
The latest research report is dubbed as the first document encompassing the latest information about Intelligent Drug Discovery Market that has been gravely affected by the COVID-19 pandemic. The global Intelligent Drug Discovery Market health crisis poses significant threats to the future growth of Intelligent Drug Discovery Market industry. The report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
Key participants include IBM Corporation, Microsoft Corporation, Google, NVIDIA Corporation, Cloud Pharmaceuticals, Inc., Atomwise, Inc., Insilico Medicine, Exscientia, Bioage, and Envisagenics
Key Objectives of the Global Intelligent Drug Discovery Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Intelligent Drug Discovery Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
Intelligent Drug Discovery Market Segmentation by Type
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:
Offering Outlook (Revenue, USD Billion; 2017-2027)
Software
Services
Technology Outlook (Revenue, USD Billion; 2017-2027)
Machine Learning
Supervised Learning
Deep Learning
Reinforcement Learning
Unsupervised Learning
Other Technologies
Application Outlook (Revenue, USD Billion; 2017-2027)
Neurodegenerative Diseases
Metabolic Diseases
Immuno-Oncology
Cardiovascular Disease
Others
End-User Outlook (Revenue, USD Billion; 2017-2027)
Contract Research Organizations
Pharmaceutical Biotechnology Companies
Research Centers and Academic Government Institutes
Key Questions Answered in the Report:
What is the growth rate of the Intelligent Drug Discovery Market ? What is the anticipated market valuation of Intelligent Drug Discovery Market industry by 2027?
What are the key growth driving and restraining factors of the Intelligent Drug Discovery Market ?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Intelligent Drug Discovery Market industry over the forecast period?
Which region is expected to show significant growth in the coming years?
The research provides answers to the following key questions:
- What is the expected growth rate of the Intelligent Intelligent Drug Discovery Market for the forecast period 2020 – 2027? What is the market size likely to be during the estimated period?
- What are the key driving forces shaping the future of the industry across different countries?
- Who are the prominent market players dominating the Intelligent Intelligent Drug Discovery Market ? How have they managed to maintain a competitive edge over their competitors?
- What are the major trends and opportunities responsible for the progress of the Intelligent Drug Discovery Market during the estimated period?
- What are the major obstacles hindering the progress of the market worldwide?
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.