The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Artificial Intelligence (AI) Enabled Drug Discovery and Clinical Trials Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Artificial Intelligence (AI) Enabled Drug Discovery and Clinical Trials Industry Analytical Overview (2021-2026): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Artificial Intelligence (AI) 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, The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2021 to 2026.
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What is Included in Artificial Intelligence (AI) Enabled Drug Discovery and Clinical Trials Market Segmentation?
The report has segmented the market into the following categories:
By Component
– Software
– Service
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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Key Factor Driver Artificial Intelligence (AI) Enabled Drug Discovery and Clinical Trials Industry Growth by 2026
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.
Who are the Key Players Operating in the Artificial Intelligence (AI) Enabled Drug Discovery and Clinical Trials Industry?
The top companies of the Artificial Intelligence (AI) Enabled Drug Discovery and Clinical Trials market ruling the industry are:
- Accutar Biotechnology
- Ardigen
- Atomwise Inc.
- AiCure, LLC
- Berg LLc
- Cloud Pharmaceuticals
- Biovista
- Cyclica Inc.
- Symphony Innovations
- GNS Healthcare
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FAQs (Frequently Ask Questions)
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