PUBLISHER: TechNavio | PRODUCT CODE: 1915685
PUBLISHER: TechNavio | PRODUCT CODE: 1915685
The global AI in drug screening market is forecasted to grow by USD 2983.7 mn during 2024-2029, accelerating at a CAGR of 41.1% during the forecast period. The report on the global AI in drug screening market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising imperative to curtail drug discovery timelines and costs, increasing frequency of cross-industry collaborations and strategic partnerships, continuous advancements in AI technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 35.4% |
| CAGR | 41.1% |
| Incremental Value | $2983.7 mn |
Technavio's global AI in drug screening market is segmented as below:
By Application
By Type
By End-User
Geography
This study identifies the proliferation of generative AI in accelerating drug screening as one of the prime reasons driving the global AI in drug screening market growth during the next few years. Also, imperative of explainable AI for regulatory trust and adoption and ai-powered target identification and validation as foundational strategy will lead to sizable demand in the market.
The report on the global AI in drug screening market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global AI in drug screening market vendors that include Anima Biotech, Atomwise Inc., BenevolentAI, BioXcel Therapeutics Inc., Charles River Laboratories, Deep Genomics Inc., DenovAI, Evotec SE, Exscientia plc, Generate Biomedicines, Iktos, Insilico Medicine, insitro, Isomorphic Labs, Schrodinger Inc., WuXi AppTec Co. Ltd.. Also, the global AI in drug screening market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.