AI in the drug discovery and development market
Global AI in the discovery and development market is expected to reach USD 6.24 billion in 2024 and reach USD 3.405 billion by 2032, growing at a CAGR of 18.5% from 2025 to 2032.
AI in the Drug Discovery and Development Market Report, published by Datam Intelligence, provides in-depth insights and analysis of key market trends, growth opportunities and emerging challenges. Committed to deliver actionable intelligence, Datam Intelligence makes informed decisions and helps businesses ahead of the competition. A combination of qualitative and quantitative research methods provides comprehensive reports that help clients navigate complex market landscapes, drive strategic growth and seize new opportunities in the ever-evolving global market.
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AI in drug discovery and development refers to the application of artificial intelligence technologies such as machine learning, deep learning, and natural language processing, streamlining and enhancing the discovery and development process of new drugs. AI can be used to analyze vast datasets, predict molecular behavior, optimize drug candidates, accelerate clinical trials, and ultimately reduce the time and costs associated with traditional drug discovery methods.
A list of key players in AI in the drug discovery and development market:
JM Smucker, Quebec Maple Syrup Producers Federation, Les Industries Bernard et Fils Ltee, LB, Maple Treat, Bascom Maple Farms Inc, Thompson’s Maple Products, Bascom Family Farms, HJ Heinz Company, Vermont Maple Sugar Makers Association, B&G Foods.
Industry Development:
In January 2025, Inveniai LLC unveiled key milestones in its efforts to transform the drug development process. The company has launched its wholly owned subsidiary, Alphameld Corporation. It focuses on artificial intelligence (AI), generator AI, and machine learning technologies that create new therapies.
In July 2024, Exscientia PLC expanded its partnership with Amazon Web Services (AWS) to leverage AWS’ AI and machine learning services to enhance Exscientia’s end-to-end drug discovery platform. The platform utilizes generative AI models and AWS’ scalable infrastructure and robotics lab automation to efficiently and cost-effectively drive drug candidate design.
Expected growth forecast:
Global AI in the discovery and development market is expected to rise significantly during the forecast period between 2024 and 2031. In 2023, the market is growing steadily and is expected to increase on the forecast horizon due to the adoption of strategies by key players.
Research Process:
Both nuclear power plants and secondary data sources are used in Global AI in Drug Discovery and Development Market Research Reports. During the research process, factors that affect a wide range of industries are investigated, including government regulations, market conditions, competitive levels, historical data, market conditions, technological advancements, future developments, related business and market volatility, outlook, potential barriers and challenges.
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Segments covered by AI in the drug discovery and development market:
By type: Fertilizer, pesticides, adjuvants, plant growth regulators
Crop type: Cereals and grains, oilseeds and pulsating, fruits and vegetables
Regional analysis of AI in drug discovery and development markets:
Regional analysis of AI in drug discovery and development markets covers major regions such as North America, Europe, Asia-Pacific Middle East, Africa and South America. North America focuses on the US, Canada and Mexico. Europe highlights major countries such as the UK, Germany, France and Italy, as well as other countries in the region. It covers the Asia-Pacific region, India, China, Japan, Korea, Australia, and more. South America focuses on Colombia, Brazil and Argentina. The Middle East and Africa, including Saudi Arabia, the United Arab Emirates, South Africa and other countries. This comprehensive regional breakdown will help you identify unique market trends and growth opportunities unique to each sector.
⇥North America (US, Canada, Mexico)
EuropeEurope (UK, Italy, Germany, Russia, France, Spain, Netherlands, Europe Other)
⇥Asia-Pacific (Asia-Pacific region of India, Japan, China, Korea, Australia and Indonesia)
⇥South America (Colombia, Brazil, Argentina, South America remainder)
⇥Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Middle East and Africa rest)
Benefits of reporting:
demand gaps in demand, market size estimates, SWOT analysis, Pestel analysis, and descriptive analysis of forecasts in global markets.
Top-down and bottom-up approaches for docile region analysis
Porter’s five force models offer detailed analysis of buyers and suppliers, threats of new entrants and alternatives, and competition between players in key markets.
By understanding value value chain analysis, stakeholders can obtain clear and detailed images of this market
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People ask:
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ShowerWhat application, end-user, or product type are you expecting to see? What is the market share for each type and application?
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