PUBLISHER: TechNavio | PRODUCT CODE: 1915695
PUBLISHER: TechNavio | PRODUCT CODE: 1915695
The global machine learning in pharmaceutical industry market is forecasted to grow by USD 10212.8 mn during 2024-2029, accelerating at a CAGR of 37.1% during the forecast period. The report on the global machine learning in pharmaceutical industry 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 increasing data volume and complexity, quest for enhanced efficiency and reduced costs, personalized medicine and precision therapies.
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 | 34.6% |
| CAGR | 37.1% |
| Incremental Value | $10212.8 mn |
Technavio's global machine learning in pharmaceutical industry market is segmented as below:
By Application
By Technology
By Deployment
Geography
This study identifies the rise of generative AI for de novo drug design as one of the prime reasons driving the global machine learning in pharmaceutical industry market growth during the next few years. Also, increasing adoption of federated learning for data privacy and integration of AI with digital biomarkers and wearable technology will lead to sizable demand in the market.
The report on the global machine learning in pharmaceutical industry 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 machine learning in pharmaceutical industry market vendors that include AbbVie Inc., Amgen Inc., AstraZeneca Plc, Atomwise Inc., Bayer AG, Bristol Myers Squibb Co., Eli Lilly and Co., F. Hoffmann La Roche Ltd., GlaxoSmithKline Plc, ICON plc, Insilico Medicine, IQVIA Holdings Inc., Johnson and Johnson Services, Merck and Co. Inc., Novartis AG, Pfizer Inc., Recursion Pharmaceuticals Inc., Sanofi SA, Takeda Pharmaceutical Ltd.. Also, the global machine learning in pharmaceutical industry 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.