According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Artificial Intelligence Enabled Drug Discovery and Clinical Trials Market – Industry Trends and Forecast to 2026 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Global Artificial Intelligence Enabled Drug Discovery and Clinical Trials Market Analysis and Size
The “Global Artificial Intelligence Enabled Drug Discovery and Clinical Trials Market” is likely to grow at a CAGR of around 23.6% during the forecast period, i.e., 2021-26, says MarkNtel Advisors.
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Some of the major players operating in the Artificial Intelligence Enabled Drug Discovery and Clinical Trials Market are Accutar Biotechnology, Ardigen, Atomwise Inc., AiCure, LLC, Berg LLc, Cloud Pharmaceuticals, Biovista, Cyclica Inc., Symphony Innovations, GNS Healthcare.
Artificial Intelligence Enabled Drug Discovery and Clinical Trials Market Growth Driver:
Burgeoning technological advancements like AI, 4K Imaging, and IoT (Internet of Things) have resulted in surging the demand for integrating these high-end technologies in the healthcare industry. AI helps provide patient-centric treatment, better diagnostic services, and accurate decision-making, thereby recognizing errors in the current situations and providing better alternatives in complex scenarios. Hence, AI technology is likely to encourage the growth of the Drug Discovery and Clinical Trials Market.
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Market Segment and Geographical Analysis
By Application
- Data Aggregation and Analysis
- Clinical Trials
- Drug Design
- Drug Characterization
- Biomarker Research
By Therapeutic Application
- Oncology
- Cardiovascular Disease
- Nervous System Disease
- Respiratory Disorder
- Metabolic Disorder
- Immunologic Disease
- Infectious Disease
- Others
By End-User
- Biopharmaceutical Industry
- Contract Research Organization (CROs)
- Academic Institutes and Research Centers
By Region
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
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