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Artificial Intelligence / AI in Drug Discovery Market by Offering, Process (Target selection, Validation, Lead generation, optimization), Drug Design (Small molecule, Vaccine, Antibody, PK/PD), Dry Lab, Wet Lab (Single Cell analysis) & Region - Global Forecast to 2028

November 2023 | 369 pages | ID: AD746B0047F1EN
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The artificial intelligence (AI) in drug discovery market is projected to reach USD 4.9 billion by 2028 from USD 0.9 billion in 2023, at a CAGR of 40.2% during the forecast period. AI expedites the identification and validation of potential drug targets by analyzing intricate biological data. This accelerates the selection of biologically relevant targets for therapeutic interventions. AI techniques such as machine learning enable rapid analysis and decision-making, reducing the time and resources required for drug discovery processes. This efficiency gains a competitive edge in the fast-paced pharmaceutical landscape. Therefore, aforementioned factors will drive the growth of this market. On the other hand, the inadequate availability of skilled labor is key factor restraining the market growth to a certain extent over the forecast period.

“Services segment is estimated to hold the major share in 2022 and also expected to grow at the highest over the forecast period.”

Based on offering, the AI in drug discovery market is bifurcated into software and services. The2022 and segment expected to account for the largest market share of the global AI in drug discovery services market in 2022 and expected to grow fastest CAGR during the forecast period. Access to AI technology and expertise through services reduces the barriers for pharmaceutical companies to adopt AI in drug discovery. This is particularly beneficial for smaller companies without extensive in-house AI capabilities, enabling them to harness the power of AI without significant upfront investments.

“Machine learning technology segment accounted for the largest share of the global AI in drug discovery market.”

Based on technology, the AI in drug discovery market is segmented into machine learning, natural language processing (NLP), context aware processing, and other technologies. The machine learning segment accounted for the largest share of the global market in 2022 and expected to grow at the highest CAGR during the forecast period. Machine learning enables the creation of predictive models that anticipate the behavior of potential drug candidates within the human body. This aids in identifying compounds with the highest likelihood of success, reducing the costs and time associated with unsuccessful candidates. Machine learning contributes to the development of personalized treatment strategies by analyzing patient data to predict individual responses to drugs. This facilitates tailoring treatments based on genetic, molecular, and clinical information, leading to more effective outcomes, which helps accelerate the drug discovery process are some of the factors supporting the market growth of this segment.

“Small Molecule Design and Optimization segment expected to hold the largest share of use case segment of the market in 2022.”

Based on use cases, the AI in drug discovery market is divided into small molecule design and optimization, understanding disease, safety and toxicity, vaccine design and optimization, antibody and other biologics design and optimization. In 2022, the small molecule design and optimization segment accounted for the largest share of the AI in drug discovery market. AI is employed in small molecule design and optimization for two main purposes. Firstly, it aids in identifying hit-like or lead-like compounds by screening existing chemical libraries or through generative de novo design. Secondly, AI optimizes the identified hits, ensuring favorable properties like binding affinity, toxicity, and synthesis, ultimately leading to the development of more effective and safer drug candidates. These factors contribute to the development and refinement of AI algorithms tailored for drug discovery use cases.

“North America to dominate the AI in drug discovery market in 2022”

The global AI in the drug discovery market is segmented into four major regions, namely, North America, Europe, APAC, and the Rest of the World. In 2022, North America accounted for the largest and the fastest-growing regional market for AI in drug discovery. North America hosts numerous pharmaceutical giants and biotechnology innovators that are actively exploring AI's capabilities in drug discovery. These industry leaders are investing significantly in AI-driven research and development, driving market growth. North America's well-established regulatory framework for pharmaceuticals and healthcare facilitates the integration of AI technologies while ensuring compliance with industry standards and guidelines. The above-mentioned factors will drive the market of AI in drug discovery in North America.

Breakdown of supply-side, demand side, primary interviews, by company type, designation, and region:
  • By Company Type:
  • By Supply Side: Tier 1 (31%), Tier 2 (28%), and Tier 3 (41%)
  • By Demand Side: Purchase Managers (45%), Head of Artificial Intelligence, Machine Learning, Drug Discovery, and Computational Molecular Design (30%) and Research Scientists (25%).
  • By Designation: C-level (31%), Director-level (25%), and Others (44%)
  • By Region: North America (45%), Europe (20%), Asia Pacific (28%), South America (4%) and Middle East & Africa (3%).
The prominent players in this market are NVIDIA Corporation (US), Exscientia (UK), BenevolentAI (UK), Recursion (US), Insilico Medicine (US), Schrцdinger, Inc. (US), Microsoft Corporation (US), Google (US), Atomwise Inc. (US), Illumina, Inc. (US), NuMedii, Inc. (US), XtalPi Inc. (US), Iktos (France), Tempus Labs (US), Deep Genomics, Inc. (Canada), Verge Genomics (US), BenchSci (Canada), Insitro (US), Valo Health (US), BPGbio, Inc. (US), IQVIA Inc (US), Labcorp (US), Tencent Holdings Limited (China), Predictive Oncology, Inc. (US), Celsius Therapeutics (US), CytoReason (Israel), Owkin, Inc. (US), Cloud Pharmaceuticals (US), Evaxion Biotech (Denmark), Standigm (South Korea), BIOAGE (US), Envisagenics (US), and Aria Pharmaceuticals, Inc. (US). Players adopted organic as well as inorganic growth strategies such as product launches and enhancements, and investments, partnerships, collaborations, joint ventures, funding, acquisition, expansions, agreements, sales contracts, and alliances to increase their offerings, cater to the unmet needs of customers, increase their profitability, and expand their presence in the global market.

Research Coverage
  • The report studies the AI in drug discovery market based on offering, technology, therapeutic area, use case, process, end user, and region.
  • The report analyzes factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth.
  • The report evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders.
  • The report studies micro-markets with respect to their growth trends, prospects, and contributions to the total AI in drug discovery market.
  • The report forecasts the revenue of market segments with respect to five major regions.
Reasons to Buy the Report

The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one or a combination of the below-mentioned five strategies.

This report provides insights into the following pointers:
  • Analysis of key drivers (growing number of cross-industry collaborations and partnerships, growing need to control drug discovery & development costs and reduce time involved in drug development, patent expiry of several drugs), restraints (shortage of AI workforce and ambiguous regulatory guidelines for medical software), opportunities (growing biotechnology industry, emerging markets, focus on developing human-aware AI systems, growth in the drugs and biologics market despite the COVID-19 pandemic), and challenges (limited availability of data sets) influencing the growth of AI in drug discovery market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the AI in drug discovery market.
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various types of AI in drug discovery solutions across regions.
  • Market Diversification: Exhaustive information about products, untapped regions, recent developments, and investments in the AI in drug discovery market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of the leading players in the AI in drug discovery market.
1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
  1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
  1.3.1 MARKET SEGMENTATION
FIGURE 1 AI IN DRUG DISCOVERY MARKET: MARKET SEGMENTATION
  1.3.2 REGIONAL SCOPE
  1.3.3 YEARS CONSIDERED
  1.3.4 CURRENCY CONSIDERED
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD
1.4 STAKEHOLDERS
1.5 SUMMARY OF CHANGES
  1.5.1 RECESSION IMPACT

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
FIGURE 2 RESEARCH DESIGN
2.2 SECONDARY SOURCES
  2.2.1 KEY DATA FROM SECONDARY SOURCES
2.3 PRIMARY DATA
  2.3.1 PRIMARY SOURCES
    2.3.1.1 Key data from primary sources
    2.3.1.2 Key industry insights
  2.3.2 BREAKDOWN OF PRIMARY INTERVIEWS
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY DEMAND SIDE,
SUPPLY SIDE, DESIGNATION, AND REGION
2.4 MARKET SIZE ESTIMATION
FIGURE 4 SUPPLY-SIDE MARKET ESTIMATION: REVENUE SHARE ANALYSIS
FIGURE 5 BOTTOM-UP APPROACH: END-USER SPENDING ON AI IN DRUG DISCOVERY
TABLE 2 FACTOR ANALYSIS
FIGURE 6 CAGR PROJECTIONS FROM ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES (2022–2027)
FIGURE 7 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS
FIGURE 8 TOP-DOWN APPROACH
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 9 DATA TRIANGULATION METHODOLOGY
2.6 ASSUMPTIONS
  2.6.1 MARKET SIZING ASSUMPTIONS
  2.6.2 OVERALL STUDY ASSUMPTIONS
2.7 LIMITATIONS
2.8 RISK ASSESSMENT
TABLE 3 RISK ASSESSMENT: AI IN DRUG DISCOVERY MARKET
2.9 RECESSION IMPACT ANALYSIS
TABLE 4 GLOBAL INFLATION RATE PROJECTIONS, 2021–2027 (% GROWTH)
TABLE 5 US HEALTH EXPENDITURE, 2019–2022 (USD MILLION)
TABLE 6 US HEALTH EXPENDITURE, 2023–2027 (USD MILLION)

3 EXECUTIVE SUMMARY

FIGURE 10 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2023 VS. 2028 (USD MILLION)
FIGURE 11 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2023 VS. 2028 (USD MILLION)
FIGURE 12 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2023 VS. 2028 (USD MILLION)
FIGURE 13 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS,

2023 VS. 2028 (USD MILLION)

FIGURE 14 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE,

2023 VS. 2028 (USD MILLION)

FIGURE 15 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2023 VS. 2028 (USD MILLION)
FIGURE 16 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET: GEOGRAPHICAL SNAPSHOT

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AI IN DRUG DISCOVERY MARKET
FIGURE 17 GROWING NUMBER OF CROSS-INDUSTRY COLLABORATIONS & PARTNERSHIPS TO DRIVE MARKET
4.2 AI IN DRUG DISCOVERY MARKET: REGIONAL LANDSCAPE
FIGURE 18 NORTH AMERICA TO DOMINATE AI IN DRUG DISCOVERY MARKET DURING FORECAST PERIOD
4.3 AI IN DRUG DISCOVERY MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
FIGURE 19 US TO REGISTER HIGHEST REVENUE GROWTH FROM 2023 TO 2028
4.4 NORTH AMERICAN AI IN DRUG DISCOVERY MARKET, BY END USER & COUNTRY, 2022
FIGURE 20 PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES AND US HELD LARGEST SHARE IN NORTH AMERICA, 2022
4.5 AI IN DRUG DISCOVERY MARKET, BY OFFERING
FIGURE 21 SERVICES TO HOLD MAJORITY MARKET SHARE IN 2028
4.6 AI IN DRUG DISCOVERY MARKET, BY TECHNOLOGY
FIGURE 22 MACHINE LEARNING TO RETAIN MARKET LEADERSHIP TILL 2028
4.7 AI IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA
FIGURE 23 ONCOLOGY TO DOMINATE MARKET IN 2028
4.8 AI IN DRUG DISCOVERY MARKET, BY PROCESS
FIGURE 24 HIT-TO LEAD IDENTIFICATION/LEAD GENERATION TO DOMINATE MARKET IN 2028
4.9 AI IN DRUG DISCOVERY MARKET, BY USE CASE
FIGURE 25 SMALL MOLECULE DESIGN & OPTIMIZATION TO REGISTER HIGHEST GROWTH OVER FORECAST PERIOD
4.10 AI IN DRUG DISCOVERY MARKET, BY END USER
FIGURE 26 PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 27 AI IN DRUG DISCOVERY: MARKET DYNAMICS
TABLE 7 AI IN DRUG DISCOVERY MARKET: IMPACT ANALYSIS
  5.2.1 DRIVERS
    5.2.1.1 Growing cross-industry collaborations and partnerships
TABLE 8 INDICATIVE LIST OF COLLABORATIONS AND PARTNERSHIPS (2021?2023)
    5.2.1.2 Growing need to reduce time and cost of drug discovery and development
    5.2.1.3 Patent expiry of several drugs
TABLE 9 INDICATIVE LIST OF DRUGS LOSING PATENTS IN 2023
  5.2.2 RESTRAINTS
    5.2.2.1 Shortage of AI workforce and ambiguous regulatory guidelines for medical software
  5.2.3 OPPORTUNITIES
    5.2.3.1 Growing biotechnology industry
    5.2.3.2 Emerging markets
    5.2.3.3 Focus on developing human-aware AI systems
  5.2.4 CHALLENGES
    5.2.4.1 Limited availability of data sets
    5.2.4.2 Lack of required tools and usability

6 INDUSTRY INSIGHTS

6.1 OVERVIEW OF KEY INDUSTRY TRENDS
  6.1.1 EVOLUTION OF AI IN DRUG DISCOVERY
FIGURE 28 EVOLUTION OF AI IN DRUG DISCOVERY MARKET
  6.1.2 COMPUTER-AIDED DRUG DESIGN AND AI
FIGURE 29 STRUCTURE-BASED DRUG DESIGNING: AI IN DRUG DISCOVERY MARKET
6.2 SUPPLY CHAIN ANALYSIS
FIGURE 30 AI IN DRUG DISCOVERY MARKET: SUPPLY CHAIN ANALYSIS (2022)
6.3 PORTER’S FIVE FORCES ANALYSIS
TABLE 10 AI IN DRUG DISCOVERY MARKET: PORTER’S FIVE FORCES ANALYSIS
  6.3.1 INTENSITY OF COMPETITIVE RIVALRY
  6.3.2 BARGAINING POWER OF BUYERS
  6.3.3 BARGAINING POWER OF SUPPLIERS
  6.3.4 THREAT OF SUBSTITUTES
  6.3.5 THREAT OF NEW ENTRANTS
6.4 ECOSYSTEM/MARKET MAP
FIGURE 31 AI IN DRUG DISCOVERY MARKET ECOSYSTEM
6.5 TECHNOLOGY ANALYSIS
FIGURE 32 AI IN DRUG DISCOVERY MARKET: CLASSIFICATION
  6.5.1 DRY LAB SERVICES
  6.5.2 WET LAB SERVICES
    6.5.2.1 Chemistry services
    6.5.2.2 BIOLOGICAL SERVICES
      6.5.2.2.1 Single-cell analysis
6.6 PRICING ANALYSIS
  6.6.1 AVERAGE SELLING PRICE TRENDS, BY REGION
  6.6.2 INDICATIVE PRICING ANALYSIS, BY PROCESS
TABLE 11 AI IN DRUG DISCOVERY MARKET: INDICATIVE PRICING, BY PROCESS
6.7 BUSINESS MODELS
FIGURE 33 AI IN LIFE SCIENCES: BUSINESS MODELS
FIGURE 34 BENEFITS OF HYBRID BUSINESS MODELS
FIGURE 35 SPECIALIZATION OF AI COMPANIES OVER TIME
6.8 CASE STUDY ANALYSIS
  6.8.1 CASE STUDY 1: BRISTOL MYERS SQUIBB AND EXSCIENTIA
  6.8.2 CASE STUDY 2: APEIRON LLC AND EXSCIENTIA
6.9 REGULATORY ANALYSIS
  6.9.1 AI IN DRUG DISCOVERY MARKET: REGULATORY LANDSCAPE, BY REGION
  6.9.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.10 PATENT ANALYSIS
FIGURE 36 TOP PATENT OWNERS AND APPLICANTS FOR AI IN DRUG DISCOVERY SOLUTIONS (JANUARY 2011–OCTOBER 2023)
FIGURE 37 AI IN DRUG DISCOVERY MARKET: PATENT ANALYSIS (JANUARY 2011–OCTOBER 2023)
FIGURE 38 TOP APPLICANT COUNTRIES/REGIONS FOR AI IN DRUG DISCOVERY PATENTS (JANUARY 2012–JULY 2023)
TABLE 13 LIST OF PATENTS/PATENT APPLICATIONS IN AI IN DRUG DISCOVERY MARKET, 2021–2023
6.11 KEY CONFERENCES & EVENTS (Q1 2023–Q2 2024)
6.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 39 REVENUE SHIFT IN AI IN DRUG DISCOVERY MARKET
6.13 KEY STAKEHOLDERS & BUYING CRITERIA
  6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 40 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF AI IN DRUG DISCOVERY MARKET
  6.13.2 BUYING CRITERIA FOR AI IN DRUG DISCOVERY MARKET
FIGURE 41 KEY BUYING CRITERIA FOR END USERS
6.14 AI-DERIVED CLINICAL ASSETS
TABLE 14 KEY AI-DERIVED CLINICAL ASSETS, BY COMPANY
6.15 UNMET NEEDS
  6.15.1 UNMET NEEDS IN AI IN DRUG DISCOVERY
  6.15.2 SINGLE-CELL ANALYSIS LANDSCAPE: KEY CHALLENGES AND PAIN POINTS IN DRUG DISCOVERY
  6.15.3 KEY UNMET NEEDS AND PAIN POINTS FOR AI APPLICATIONS IN SINGLE-CELL ANALYSIS FOR DRUG DISCOVERY

7 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING

7.1 INTRODUCTION
TABLE 15 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
7.2 SERVICES
  7.2.1 SERVICES SEGMENT TO WITNESS HIGHEST GROWTH
TABLE 16 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR SERVICES, BY COUNTRY, 2021–2028 (USD MILLION)
7.3 SOFTWARE
  7.3.1 BENEFITS OF SOFTWARE IN DRUG DISCOVERY AND STRONG DEMAND AMONG END USERS TO DRIVE GROWTH
TABLE 17 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR SOFTWARE, BY COUNTRY, 2021–2028 (USD MILLION)

8 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY

8.1 INTRODUCTION
TABLE 18 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
8.2 MACHINE LEARNING
TABLE 19 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 20 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY COUNTRY, 2021–2028 (USD MILLION)
  8.2.1 DEEP LEARNING
    8.2.1.1 Deep learning to see growing adoption in drug discovery
TABLE 21 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR DEEP LEARNING, BY COUNTRY, 2021–2028 (USD MILLION)
  8.2.2 SUPERVISED LEARNING
    8.2.2.1 Applications in drug repositioning to drive market
TABLE 22 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR SUPERVISED LEARNING, BY COUNTRY, 2021–2028 (USD MILLION)
  8.2.3 REINFORCEMENT LEARNING
    8.2.3.1 Potential for machines and software to automatically determine behavior to support adoption
TABLE 23 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR REINFORCEMENT LEARNING, BY COUNTRY, 2021–2028 (USD MILLION)
  8.2.4 UNSUPERVISED LEARNING
    8.2.4.1 Unpredictability to affect end-user adoption
TABLE 24 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR UNSUPERVISED LEARNING, BY COUNTRY, 2021–2028 (USD MILLION)
  8.2.5 OTHER MACHINE LEARNING TECHNOLOGIES
TABLE 25 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR OTHER MACHINE LEARNING TECHNOLOGIES, BY COUNTRY, 2021–2028 (USD MILLION)
8.3 NATURAL LANGUAGE PROCESSING
  8.3.1 POTENTIAL APPLICATIONS IN DATA IDENTIFICATION TO SUPPORT GROWTH
TABLE 26 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR NATURAL LANGUAGE PROCESSING, BY COUNTRY, 2021–2028 (USD MILLION)
8.4 CONTEXT-AWARE PROCESSING & CONTEXT-AWARE COMPUTING
  8.4.1 RISING PROCESSING POWER, IMPROVED CONNECTIVITY TO BOOST USAGE
TABLE 27 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR CONTEXT-AWARE PROCESSING & CONTEXT-AWARE COMPUTING, BY COUNTRY, 2021–2028 (USD MILLION)
8.5 OTHER TECHNOLOGIES
TABLE 28 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR OTHER TECHNOLOGIES, BY COUNTRY, 2021–2028 (USD MILLION)

9 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET,

BY THERAPEUTIC AREA
9.1 INTRODUCTION
TABLE 29 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
9.2 ONCOLOGY
  9.2.1 HIGH PREVALENCE OF CANCER AND SHORTAGE OF EFFECTIVE CANCER DRUGS TO DRIVE SEGMENT GROWTH
TABLE 30 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR ONCOLOGY, BY COUNTRY, 2021–2028 (USD MILLION)
9.3 INFECTIOUS DISEASES
  9.3.1 RISING EPIDEMIC OUTBREAKS TO BOOST DRUG DISCOVERY ACTIVITY
TABLE 31 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR INFECTIOUS DISEASES, BY COUNTRY, 2021–2028 (USD MILLION)
9.4 NEUROLOGY
  9.4.1 NEED TO BOOST DISCOVERY AND DEVELOPMENT TO DRIVE MARKET
TABLE 32 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR NEUROLOGY, BY COUNTRY, 2021–2028 (USD MILLION)
9.5 CARDIOVASCULAR DISEASES
  9.5.1 RISING DEMAND FOR CVD DRUGS TO DRIVE SEGMENT
TABLE 33 INDICATIVE LIST OF DEVELOPMENTS IN CARDIOVASCULAR DRUG DEVELOPMENT
TABLE 34 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR CARDIOVASCULAR DISEASES, BY COUNTRY, 2021–2028 (USD MILLION)
9.6 IMMUNOLOGY
  9.6.1 GROWING DRUG PIPELINE FOR IMMUNOLOGICAL DISORDERS TO FAVOR MARKET GROWTH
TABLE 35 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR IMMUNOLOGY, BY COUNTRY, 2021–2028 (USD MILLION)
9.7 METABOLIC DISEASES
  9.7.1 ROLE OF AI IN UNCOVERING SMALL-MOLECULE THERAPIES TO DRIVE ADOPTION
TABLE 36 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR METABOLIC DISEASES, BY COUNTRY, 2021–2028 (USD MILLION)
9.8 OTHER THERAPEUTIC AREAS
TABLE 37 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR OTHER THERAPEUTIC AREAS, BY COUNTRY, 2021–2028 (USD MILLION)

10 AI IN DRUG DISCOVERY MARKET, BY PROCESS

10.1 INTRODUCTION
FIGURE 42 HIT-TO-LEAD IDENTIFICATION/LEAD GENERATION SEGMENT HELD LARGEST MARKET SHARE IN 2022
TABLE 38 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
10.2 TARGET IDENTIFICATION & SELECTION
  10.2.1 DEVELOPMENT OF NEW TECHNOLOGIES TO SUPPORT MARKET GROWTH
TABLE 39 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR TARGET IDENTIFICATION & SELECTION, BY COUNTRY, 2021–2028 (USD MILLION)
10.3 TARGET VALIDATION
  10.3.1 RISING EMPHASIS ON TARGET VALIDATION TO AVOID LATE-STAGE FAILURE
TABLE 40 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR TARGET VALIDATION, BY COUNTRY, 2021–2028 (USD MILLION)
10.4 HIT IDENTIFICATION & PRIORITIZATION
  10.4.1 NEED FOR LARGE-SCALE DATA ANALYSIS TO DRIVE ADOPTION
TABLE 41 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR HIT IDENTIFICATION & PRIORITIZATION, BY COUNTRY, 2021–2028 (USD MILLION)
10.5 HIT-TO-LEAD IDENTIFICATION/LEAD GENERATION
  10.5.1 HIT-TO-LEAD IDENTIFICATION TO HOLD LARGEST MARKET SHARE
TABLE 42 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR HIT-TO-LEAD IDENTIFICATION/LEAD GENERATION, BY COUNTRY, 2021–2028 (USD MILLION)
10.6 LEAD OPTIMIZATION
  10.6.1 NEED FOR TRANSPARENT PRESENTATION AND ANALYSIS TO BOOST FOCUS ON LEAD OPTIMIZATION
TABLE 43 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR LEAD OPTIMIZATION, BY COUNTRY, 2021–2028 (USD MILLION)
10.7 CANDIDATE SELECTION & VALIDATION
  10.7.1 POSSIBILITY OF DRUG FAILURE DURING DEVELOPMENT TO DRIVE ADOPTION OF CANDIDATE VALIDATION SERVICES
TABLE 44 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR CANDIDATE SELECTION & VALIDATION, BY COUNTRY, 2021–2028 (USD MILLION)

11 AI IN DRUG DISCOVERY MARKET, BY USE CASE

11.1 INTRODUCTION
FIGURE 43 SMALL-MOLECULE DESIGN & OPTIMIZATION SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2022
TABLE 45 AI IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
11.2 SMALL-MOLECULE DESIGN & OPTIMIZATION
  11.2.1 AVAILABILITY OF WELL-VALIDATED AI TOOLS TO BOOST MARKET GROWTH
TABLE 46 AI IN DRUG DISCOVERY MARKET FOR SMALL-MOLECULE DESIGN & OPTIMIZATION, BY COUNTRY, 2021–2028 (USD MILLION)
11.3 UNDERSTANDING DISEASE
  11.3.1 RISING DATA MINING TO LINK TARGETS TO DISEASES AND DRUG REPURPOSING TO DRIVE MARKET
TABLE 47 AI IN DRUG DISCOVERY MARKET FOR UNDERSTANDING DISEASE, BY COUNTRY, 2021–2028 (USD MILLION)
11.4 SAFETY & TOXICITY
  11.4.1 TOXICOLOGY AND OFF-TARGET EFFECT PREDICTION, PK/PD SIMULATION, AND QSP MODELING TO PROPEL MARKET GROWTH
TABLE 48 AI IN DRUG DISCOVERY MARKET FOR SAFETY & TOXICITY, BY COUNTRY, 2021–2028 (USD MILLION)
11.5 VACCINE DESIGN & OPTIMIZATION
  11.5.1 GROWING ADOPTION OF AI FOR EPITOPE SELECTION, PREDICTION, AND BINDING TO AUGMENT MARKET GROWTH
TABLE 49 AI IN DRUG DISCOVERY MARKET FOR VACCINE DESIGN & OPTIMIZATION, BY COUNTRY, 2021–2028 (USD MILLION)
11.6 ANTIBODY & OTHER BIOLOGIC DESIGN & OPTIMIZATION
  11.6.1 GROWING ADOPTION OF AI FOR ANTIBODY PROPERTY PREDICTION TO DRIVE MARKET
TABLE 50 AI IN DRUG DISCOVERY MARKET FOR ANTIBODY & OTHER BIOLOGIC DESIGN & OPTIMIZATION, BY COUNTRY, 2021–2028 (USD MILLION)

12 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER

12.1 INTRODUCTION
TABLE 51 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
12.2 PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES
  12.2.1 RISING DEMAND FOR SOLUTIONS TO CUT TIME AND COSTS OF DRUG DEVELOPMENT TO DRIVE MARKET
TABLE 52 INDICATIVE LIST OF DEVELOPMENTS RELATED TO AI IN PHARMACEUTICAL & BIOTECHNOLOGY INDUSTRY
TABLE 53 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES, BY COUNTRY, 2021–2028 (USD MILLION)
12.3 CONTRACT RESEARCH ORGANIZATIONS
  12.3.1 GROWING TREND OF OUTSOURCING TO PROVIDE SIGNIFICANT OPPORTUNITIES FOR CONTRACT RESEARCH ORGANIZATIONS
TABLE 54 INDICATIVE LIST OF COLLABORATIONS WITH CROS
TABLE 55 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR CONTRACT RESEARCH ORGANIZATIONS, BY COUNTRY, 2021–2028 (USD MILLION)
12.4 RESEARCH CENTERS AND ACADEMIC & GOVERNMENT INSTITUTES
  12.4.1 SEGMENT TO REGISTER HIGHEST CAGR OVER FORECAST PERIOD
TABLE 56 INDICATIVE LIST OF RESEARCH COLLABORATIONS
TABLE 57 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR RESEARCH CENTERS AND ACADEMIC & GOVERNMENT INSTITUTES, BY COUNTRY, 2021–2028 (USD MILLION)

13 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY REGION

13.1 INTRODUCTION
TABLE 58 ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY REGION, 2021–2028 (USD MILLION)
13.2 NORTH AMERICA
  13.2.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 44 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET SNAPSHOT
TABLE 59 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 60 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 61 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 62 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 63 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 64 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 65 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 66 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.2.2 US
    13.2.2.1 Strong economy and trend of early adoption of technologies to drive market
FIGURE 45 DISTRIBUTION OF R&D COMPANIES, BY COUNTRY/REGION (2021 VS. 2022)
TABLE 67 US: INDICATIVE LIST OF STRATEGIC DEVELOPMENTS
TABLE 68 US: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 69 US: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 70 US: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 71 US: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA 2021–2028 (USD MILLION)
TABLE 72 US: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS 2021–2028 (USD MILLION)
TABLE 73 US: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 74 US: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.2.3 CANADA
    13.2.3.1 Growing research on AI technologies and emergence of new AI-based start-ups to support market growth
TABLE 75 CANADA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 76 CANADA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 77 CANADA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 78 CANADA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 79 CANADA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 80 CANADA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 81 CANADA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.2.4 MEXICO
    13.2.4.1 Government initiatives to support market growth
TABLE 82 MEXICO: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 83 MEXICO: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 84 MEXICO: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 85 MEXICO: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 86 MEXICO: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 87 MEXICO: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 88 MEXICO: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
13.3 EUROPE
  13.3.1 EUROPE: RECESSION IMPACT
TABLE 89 EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 90 EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 91 EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 92 EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 93 EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 94 EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 95 EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 96 EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.3.2 UK
    13.3.2.1 UK to hold largest share in Europe
TABLE 97 UK: INDICATIVE LIST OF STRATEGIC DEVELOPMENTS
TABLE 98 UK: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 99 UK: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 100 UK: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 101 UK: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 102 UK: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 103 UK: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 104 UK: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.3.3 GERMANY
    13.3.3.1 Government support and favorable training programs to propel market growth
TABLE 105 GERMANY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 106 GERMANY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 107 GERMANY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 108 GERMANY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 109 GERMANY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 110 GERMANY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 111 GERMANY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.3.4 FRANCE
    13.3.4.1 Strong government support and favorable strategies & initiatives to drive market
TABLE 112 FRANCE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 113 FRANCE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 114 FRANCE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 115 FRANCE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 116 FRANCE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 117 FRANCE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 118 FRANCE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.3.5 ITALY
    13.3.5.1 Strong pharmaceutical industry to support market growth
TABLE 119 ITALY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 120 ITALY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 121 ITALY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 122 ITALY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 123 ITALY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 124 ITALY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 125 ITALY: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.3.6 REST OF EUROPE
TABLE 126 REST OF EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 127 REST OF EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 128 REST OF EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 129 REST OF EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 130 REST OF EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 131 REST OF EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 132 REST OF EUROPE: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
13.4 ASIA PACIFIC
  13.4.1 ASIA PACIFIC: RECESSION IMPACT
TABLE 133 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 134 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 135 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 136 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 137 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 138 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 139 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 140 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.4.2 JAPAN
    13.4.2.1 Japan to dominate APAC market
TABLE 141 JAPAN: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 142 JAPAN: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 143 JAPAN: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 144 JAPAN: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 145 JAPAN: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 146 JAPAN: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 147 JAPAN: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.4.3 CHINA
    13.4.3.1 Growing CMO market and cross-industry collaborations to drive market
TABLE 148 CHINA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 149 CHINA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 150 CHINA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 151 CHINA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 152 CHINA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 153 CHINA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 154 CHINA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.4.4 INDIA
    13.4.4.1 Steady adoption of AI technologies to support market growth
TABLE 155 INDIA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 156 INDIA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 157 INDIA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 158 INDIA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 159 INDIA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 160 INDIA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 161 INDIA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
  13.4.5 REST OF ASIA PACIFIC
TABLE 162 REST OF ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 163 REST OF ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 164 REST OF ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 165 REST OF ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 166 REST OF ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 167 REST OF ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 168 REST OF ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)
13.5 SOUTH AMERICA
  13.5.1 SHORTAGE OF SKILLED LABOR AND GROWING REQUIREMENTS TO DRIVE AI ADOPTION
  13.5.2 SOUTH AMERICA: RECESSION IMPACT
TABLE 169 SOUTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 170 SOUTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 171 SOUTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 172 SOUTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 173 SOUTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 174 SOUTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 175 SOUTH AMERICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION) 246 "13.6 MIDDLE EAST & AFRICA  13.6.1 LIMITED COMPANY PRESENCE AND LARGE SCOPE FOR GROWTH TO FAVOR AI MARKET
  13.6.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
TABLE 176 MIDDLE EAST & AFRICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY OFFERING, 2021–2028 (USD MILLION)
TABLE 177 MIDDLE EAST & AFRICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION)
TABLE 178 MIDDLE EAST & AFRICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET FOR MACHINE LEARNING, BY TYPE, 2021–2028 (USD MILLION)
TABLE 179 MIDDLE EAST & AFRICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY THERAPEUTIC AREA, 2021–2028 (USD MILLION)
TABLE 180 MIDDLE EAST & AFRICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY PROCESS, 2021–2028 (USD MILLION)
TABLE 181 MIDDLE EAST & AFRICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY USE CASE, 2021–2028 (USD MILLION)
TABLE 182 MIDDLE EAST & AFRICA: ARTIFICIAL INTELLIGENCE IN DRUG DISCOVERY MARKET, BY END USER, 2021–2028 (USD MILLION)

14 COMPETITIVE LANDSCAPE

14.1 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 183 OVERVIEW OF STRATEGIES ADOPTED BY KEY AI IN DRUG DISCOVERY PLAYERS, FEBRUARY 2021– MAY 2022
14.2 REVENUE ANALYSIS
FIGURE 46 REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2022
14.3 MARKET SHARE ANALYSIS
FIGURE 47 AI IN DRUG DISCOVERY MARKET: MARKET SHARE ANALYSIS, 2022
TABLE 184 AI IN DRUG DISCOVERY MARKET: DEGREE OF COMPETITION
14.4 COMPANY EVALUATION MATRIX
  14.4.1 STARS
  14.4.2 EMERGING LEADERS
  14.4.3 PERVASIVE PLAYERS
  14.4.4 PARTICIPANTS
FIGURE 48 AI IN DRUG DISCOVERY MARKET: COMPANY EVALUATION MATRIX, 2022
  14.4.5 COMPANY FOOTPRINT
TABLE 185 USE CASE FOOTPRINT (24 COMPANIES)
TABLE 186 PROCESS FOOTPRINT (24 COMPANIES)
TABLE 187 REGION FOOTPRINT (24 COMPANIES)
TABLE 188 COMPANY FOOTPRINT (24 COMPANIES)
14.5 START-UP/SME EVALUATION MATRIX
  14.5.1 PROGRESSIVE COMPANIES
  14.5.2 RESPONSIVE COMPANIES
  14.5.3 DYNAMIC COMPANIES
  14.5.4 STARTING BLOCKS
FIGURE 49 AI IN DRUG DISCOVERY MARKET: START-UP/SME EVALUATION MATRIX, 2022
  14.5.5 AI IN DRUG DISCOVERY MARKET: COMPETITIVE BENCHMARKING
TABLE 189 AI IN DRUG DISCOVERY MARKET: DETAILED LIST OF KEY SMES/START-UPS
TABLE 190 USE CASE FOOTPRINT (START-UPS/SMES)
TABLE 191 PROCESS FOOTPRINT (START-UPS/SMES)
TABLE 192 REGION FOOTPRINT (START-UPS/SMES)
TABLE 193 COMPANY FOOTPRINT (START-UPS/SMES)
14.6 COMPETITIVE SCENARIOS AND TRENDS
  14.6.1 PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 194 AI IN DRUG DISCOVERY MARKET: PRODUCT LAUNCHES & ENHANCEMENTS, 2021–2023
  14.6.2 DEALS
TABLE 195 AI IN DRUG DISCOVERY MARKET: DEALS, 2021–2023
  14.6.3 OTHER DEVELOPMENTS
TABLE 196 AI IN DRUG DISCOVERY MARKET: OTHER DEVELOPMENTS, 2021–2023

15 COMPANY PROFILES

15.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
  15.1.1 NVIDIA CORPORATION
TABLE 197 NVIDIA CORPORATION: COMPANY OVERVIEW
FIGURE 50 NVIDIA CORPORATION: COMPANY SNAPSHOT, 2022
TABLE 198 NVIDIA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 199 NVIDIA CORPORATION: PRODUCT/SERVICE LAUNCHES
TABLE 200 NVIDIA CORPORATION: DEALS
  15.1.2 EXSCIENTIA
TABLE 201 EXSCIENTIA: COMPANY OVERVIEW
FIGURE 51 EXSCIENTIA: COMPANY SNAPSHOT (2022)
TABLE 202 EXSCIENTIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 203 EXSCIENTIA: PRODUCT/SERVICE LAUNCHES
TABLE 204 EXSCIENTIA: DEALS
TABLE 205 EXSCIENTIA: OTHER DEVELOPMENTS
  15.1.3 GOOGLE
TABLE 206 GOOGLE: COMPANY OVERVIEW
FIGURE 52 GOOGLE: COMPANY SNAPSHOT (2022)
TABLE 207 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 208 GOOGLE: PRODUCT/SERVICE LAUNCHES
TABLE 209 GOOGLE: DEALS
TABLE 210 GOOGLE: OTHER DEVELOPMENTS
  15.1.4 BENEVOLENTAI
TABLE 211 BENEVOLENTAI: COMPANY OVERVIEW
FIGURE 53 BENEVOLENTAI: COMPANY SNAPSHOT (2022)
TABLE 212 BENEVOLENTAI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 213 BENEVOLENTAI: DEALS
  15.1.5 RECURSION
TABLE 214 RECURSION: COMPANY OVERVIEW
FIGURE 54 RECURSION: COMPANY SNAPSHOT (2022)
TABLE 215 RECURSION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 216 RECURSION: PRODUCT/SERVICE LAUNCHES
TABLE 217 RECURSION: DEALS
TABLE 218 RECURSION: OTHER DEVELOPMENTS
  15.1.6 INSILICO MEDICINE
TABLE 219 INSILICO MEDICINE: COMPANY OVERVIEW
TABLE 220 INSILICO MEDICINE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 221 INSILICO MEDICINE: PRODUCT/SERVICE LAUNCHES
TABLE 222 INSILICO MEDICINE: DEALS
TABLE 223 INSILICO MEDICINE: OTHER DEVELOPMENTS
  15.1.7 SCHRЦDINGER, INC.
TABLE 224 SCHRЦDINGER, INC.: COMPANY OVERVIEW
FIGURE 55 SCHRЦDINGER, INC.: COMPANY SNAPSHOT (2022)
TABLE 225 SCHRЦDINGER, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 226 SCHRЦDINGER, INC.: DEALS
TABLE 227 SCHRЦDINGER, INC.: OTHER DEVELOPMENTS
  15.1.8 MICROSOFT CORPORATION
TABLE 228 MICROSOFT CORPORATION: COMPANY OVERVIEW
FIGURE 56 MICROSOFT CORPORATION: COMPANY SNAPSHOT (2023)
TABLE 229 MICROSOFT CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 230 MICROSOFT CORPORATION: SERVICE LAUNCHES
TABLE 231 MICROSOFT CORPORATION: DEALS
  15.1.9 ATOMWISE INC.
TABLE 232 ATOMWISE INC.: COMPANY OVERVIEW
TABLE 233 ATOMWISE INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 234 ATOMWISE INC.: DEALS
  15.1.10 ILLUMINA, INC.
TABLE 235 ILLUMINA, INC.: COMPANY OVERVIEW
FIGURE 57 ILLUMINA, INC.: COMPANY SNAPSHOT (2022)
TABLE 236 ILLUMINA, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 237 ILLUMINA, INC.: PRODUCT/SERVICE LAUNCHES
TABLE 238 ILLUMINA, INC.: DEALS
  15.1.11 NUMEDII, INC.
TABLE 239 NUMEDII, INC.: COMPANY OVERVIEW
TABLE 240 NUMEDII, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  15.1.12 XTALPI INC.
TABLE 241 XTALPI INC.: COMPANY OVERVIEW
TABLE 242 XTALPI INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 243 XTALPI INC.: DEALS
  15.1.13 IKTOS
TABLE 244 IKTOS: COMPANY OVERVIEW
TABLE 245 IKTOS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 246 IKTOS: DEALS
TABLE 247 IKTOS: OTHER DEVELOPMENTS
  15.1.14 TEMPUS LABS
TABLE 248 TEMPUS LABS: COMPANY OVERVIEW
TABLE 249 TEMPUS LABS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 250 TEMPUS LABS: PRODUCT/SERVICE LAUNCHES
TABLE 251 TEMPUS LABS: DEALS
TABLE 252 TEMPUS LABS: OTHER DEVELOPMENTS
  15.1.15 DEEP GENOMICS, INC.
TABLE 253 DEEP GENOMICS, INC.: COMPANY OVERVIEW
TABLE 254 DEEP GENOMICS, INC.: PRODUCTS/SERVICES OFFERED
TABLE 255 DEEP GENOMICS, INC.: DEALS
TABLE 256 DEEP GENOMICS, INC.: OTHER DEVELOPMENTS
  15.1.16 VERGE GENOMICS
TABLE 257 VERGE GENOMICS: COMPANY OVERVIEW
TABLE 258 VERGE GENOMICS: PRODUCTS/SERVICES OFFERED
TABLE 259 VERGE GENOMICS: DEALS
  15.1.17 BENCHSCI
TABLE 260 BENCHSCI: COMPANY OVERVIEW
TABLE 261 BENCHSCI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 262 BENCHSCI: PRODUCT/SERVICE LAUNCHES
TABLE 263 BENCHSCI: OTHER DEVELOPMENTS
  15.1.18 INSITRO
TABLE 264 INSITRO: COMPANY OVERVIEW
TABLE 265 INSITRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 266 INSITRO: OTHER DEVELOPMENTS
  15.1.19 VALO HEALTH
TABLE 267 VALO HEALTH: COMPANY OVERVIEW
TABLE 268 VALO HEALTH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 269 VALO HEALTH: DEALS
TABLE 270 VALO HEALTH: OTHER DEVELOPMENTS
  15.1.20 BPGBIO, INC.
TABLE 271 BPGBIO, INC.: COMPANY OVERVIEW
TABLE 272 BPGBIO, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 273 BPGBIO, INC.: DEALS
15.2 OTHER EMERGING PLAYERS
  15.2.1 PREDICTIVE ONCOLOGY, INC.
  15.2.2 LABCORP
  15.2.3 IQVIA INC.
  15.2.4 TENCENT HOLDINGS LIMITED
  15.2.5 CELSIUS THERAPEUTICS
  15.2.6 CYTOREASON
  15.2.7 OWKIN, INC.
  15.2.8 CLOUD PHARMACEUTICALS
  15.2.9 EVAXION BIOTECH
  15.2.10 STANDIGM
  15.2.11 BIOAGE LABS
  15.2.12 ENVISAGENICS
  15.2.13 ARIA PHARMACEUTICALS, INC.
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

16 APPENDIX

16.1 DISCUSSION GUIDE
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 CUSTOMIZATION OPTIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS


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