Outlook on the AI in Drug Discovery Global Market to 2027 - AI Cloud to Create a Streamlined and Automated Approach to Drug Discovery
DUBLIN, Aug. 12, 2022 /PRNewswire/ -- The "Global Artificial Intelligence (AI) in Drug Discovery Market (2022-2027) by Offering, Drug Type, Technology, Applications, End-Users, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Artificial Intelligence (AI) in Drug Discovery Market is estimated to be USD 792.45 Mn in 2022 and is expected to reach USD 2337.25 Mn by 2027, growing at a CAGR of 24.15%.
There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Aria Pharmaceuticals, Cloud Pharmaceuticals, Inc., Cyclica Inc., Google LLC, IBM Corp., Microsoft Corp., Owkin, Inc., Verge Genomics Inc., XtalPi Inc., etc.
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
The report presents a detailed Ansoff matrix analysis for the Global Artificial Intelligence (AI) in Drug Discovery Market. Ansoff Matrix, also known as Produt/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the Global Artificial Intelligence (AI) in Drug Discovery Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
Key Topics Covered:
Research and Markets
For E.S.T Office Hours Call +1-917-300-0470
U.S. Fax: 646-607-1907
View original content:https://www.prnewswire.com/news-releases/outlook-on-the-ai-in-drug-discovery-global-market-to-2027---ai-cloud-to-create-a-streamlined-and-automated-approach-to-drug-discovery-301604918.html
SOURCE Research and Markets
Press Room Open for Registered Media, Analysts, Speakers, Exhibitors - Sponsored by Parallel Communications
IoT at the Branch Office or Storeâ€¦How to Achieve Immediate ROI from Wireless Failover