The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The AI In Pharma by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The AI In Pharma Market:
https://www.thebusinessresearchcompany.com/report/ai-in-pharma-global-market-report
According to The Business Research Company’s AI In Pharma, The ai in pharma market size has grown exponentially in recent years. It will grow from $1.58 billion in 2023 to $2.06 billion in 2024 at a compound annual growth rate (CAGR) of 30.4%. The growth in the historic period can be attributed to increased adoption of artificial intelligence (ai) for cost efficient drug discovery and rising implementation of ai in radiology.The ai in pharma market size is expected to see exponential growth in the next few years. It will grow to $5.62 billion in 2028 at a compound annual growth rate (CAGR) of 28.5%.
The increasing government support for AI development is expected to drive the growth of the AI in pharmaceuticals market in the coming years. Governments worldwide are acknowledging the potential of AI technologies in transforming the pharmaceutical sector and are actively implementing policies and initiatives to encourage their adoption. Many countries have formulated national AI strategies that specifically target healthcare and pharmaceutical applications, aiming to foster scientific progress and address real-world challenges in the field. For instance, in April 2022, the Australian government unveiled a funding program amounting to AUD 44 million ($29.61 million) to bolster AI research among small and medium-sized enterprises (SMEs). This initiative is part of a broader strategy to boost AI utilization in Australia’s key manufacturing and digital growth sectors, including pharmaceuticals. The funding will support the establishment of digital capability centers, acting as hubs for AI research and development. These centers will offer resources, training, and assistance to SMEs, empowering them to innovate and implement AI technologies. Hence, the increasing government support is poised to propel the growth of the AI in pharmaceuticals market in the forecast period.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=3887&type=smp
The ai in pharma market covered in this report is segmented –
1) By Technology: Context-Aware Processing, Natural Language Processing, Querying Method, Deep Learning
2) By Drug Type: Small Molecule, Large Molecules
3) By Application: Diagnosis, Clinical Trial Research, Drug Discovery, Research and Development, Epidemic Prediction
Top Major Players
Concerto HealthAI,
Alphabet Inc.,
OWKIN,
Nvidia Corporation,
PathAI
The ai in pharma market report table of contents includes:
1. Executive Summary
…………….
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global AI In Pharma Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global AI In Pharma Market, Segmentation By Drug Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global AI In Pharma Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………
Table 74: Concerto HealthAI Financial Performance
Table 75: Alphabet Inc. Financial Performance
Table 76: OWKIN Financial Performance
Table 77: Nvidia Corporation Financial Performance
Table 78: PathAI Financial Performance
Read Related Reports:
https://topprnews.com/synthetic-pigments-market-trends/
https://goodprnews.com/traffic-signals-market-analysis/
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Market Size - The hazelnut market size has grown strongly in recent years. It will…
Market Size - The IoT gateway devices market size has grown rapidly in recent years.…
The industrial automation cable market size is expected to see strong growth in the next…
Market Size - The zinc rich coating market size has grown rapidly in recent years.…
The fleet management software market size is expected to see rapid growth in the next…
Market Size - The time-sensitive networking (TSN) market size has grown exponentially in recent years.…