Artificial Intelligence (AI) in Drug
Discovery Market – Industry Trends and
Forecast to 2031
Global Artificial Intelligence (AI) in Drug Discovery Market, By
Application (Novel Drug Candidates, Drug Optimization and
Repurposing Preclinical Testing and Approval, Drug Monitoring,
Finding New Diseases Associated Targets and Pathways,
Understanding Disease Mechanisms, Aggregating and Synthesizing
Information, Formation and Qualification of Hypotheses, De Novo
Drug Design, Finding Drug Targets of an Old Drug, and Others),
Technology (Machine Learning, Deep Learning, Natural Language
Processing, and Others), Drug Type (Small Molecule and Large
Molecule), Offering (Software and Services), Indication (ImmunoOncology, Neurodegenerative Diseases, Cardiovascular Diseases,
Metabolic Diseases, Rare Diseases, Infectious Diseases and Others),
End Use (Contract Research Organizations (CROs), Pharmaceutical
and Biotechnology Companies, Research Centers and Academic
Institutes, and Others) – Industry Trends and Forecast to 2031.
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Report Description
The artificial intelligence (AI) in drug discovery market, which
was USD 932.24 million in 2023, is expected to reach USD
1,409.14 million by 2031, at a CAGR of 5.30% during the
forecast period 2024 to 2031.
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Major Key Players
Major Key Players
Some of the major players operating in
this market are :
 IBM (U.S.)
 Atomwise Inc. (U.S.)
 Microsoft (U.S.)
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 NVIDIA Corporation (U.S.)
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 Benevolent AI (U.K.)
 Aria Pharmaceuticals, Inc. (U.S.)
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Market Segmentation
• By Application (Novel Drug Candidates, Drug Optimization and Repurposing Preclinical Testing
and Approval, Drug Monitoring, Finding New Diseases Associated Targets and Pathways,
Understanding Disease Mechanisms, Aggregating and Synthesizing Information, Formation and
Qualification of Hypotheses, De Novo Drug Design, Finding Drug Targets of an Old Drug, and
Others)
• By Technology (Machine Learning, Deep Learning, Natural Language Processing, and Others),
Drug Type (Small Molecule and Large Molecule)
• By Offering (Software and Services), Indication (Immuno-Oncology, Neurodegenerative
Diseases, Cardiovascular Diseases, Metabolic Diseases, Rare Diseases, Infectious Diseases
and Others)
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Regional Analysis
Based on
geography, the
market is
segmented into five
geographical
regions.
Europe
North America
Middle East & Africa
Asia-Pacific
South America
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About Data Bridge Market Research
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the trend today!
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