Global Artificial Intelligence For Drug Development And Discovery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Target Identification, Molecule Screening, De Novo Drug Design & Drug Optimization, and Preclinical & Clinical Testing.

By Indication;

Oncology, Infectious Disease, Neurology, and Others.

By Application;

Novel Drug Candidates, Drug Optimization and Repurposing Preclinical Testing and Approval, Drug Monitoring, Finding New Diseases Associated Targets and Pathways, Understanding Disease Mechanisms, Aggregating and Synthesizing Information, Formation and Qualification of Hypotheses, De Novo Drug Design, Finding Drug Targets of an Old Drug, and Others.

By End Use;

Contract Research Organizations (CROs), Pharmaceutical and Biotechnology Companies, Research Centers and Academic Institutes, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn026524237 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Artificial Intelligence For Drug Development And Discovery Market (USD Million), 2021 - 2031

In the year 2024, the Global Artificial Intelligence For Drug Development And Discovery Market was valued at USD 2,318.61 million. The size of this market is expected to increase to USD 16,449.26 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 32.3%.

The Global Artificial Intelligence (AI) for Drug Development and Discovery Market has emerged as a transformative force in the pharmaceutical and biotechnology industries. With the increasing complexities in drug development processes and the growing demand for innovative therapeutic solutions, AI technologies have garnered significant attention for their potential to revolutionize the traditional drug discovery paradigm. AI-driven approaches offer unparalleled capabilities in data analysis, predictive modeling, and simulation, enabling researchers and scientists to expedite the drug discovery process, reduce costs, and enhance the efficiency of identifying novel drug candidates.

As the healthcare landscape continues to evolve, there is a pressing need for accelerated drug development timelines, particularly in addressing unmet medical needs and complex diseases. AI's integration into drug development and discovery processes holds promise in unlocking new avenues for drug targets identification, optimizing clinical trial designs, and personalizing treatment strategies.

The convergence of AI technologies with advanced molecular biology, genomics, and high-throughput screening methodologies is reshaping the way therapeutic agents are discovered, validated, and brought to market, ushering in a new era of precision medicine and transformative healthcare innovations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Indication
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Global Artificial Intelligence For Drug Development And Discovery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing prevalence of chronic diseases
        2. Rising healthcare expenditure globally
        3. Expedited drug development timelines with AI
        4. Enhanced accuracy in drug design and molecular modeling
      2. Restraints
        1. Complex regulatory landscape in healthcare
        2. Lack of skilled professionals in AI and drug development
        3. Integration challenges with existing pharmaceutical systems
      3. Opportunities
        1. Integration of AI with other technologies like IoT and big data
        2. Adoption of AI for real-time data analysis in clinical trials
        3. Potential for AI in predicting drug interactions and side effects
        4. Enhancing research efficiency through AI automation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Artificial Intelligence For Drug Development And Discovery Market, By Type, 2021 - 2031 (USD Million)
      1. Target Identification
      2. Molecule Screening
      3. De Novo Drug Design & Drug Optimization
      4. Preclinical & Clinical Testing
    2. Global Artificial Intelligence For Drug Development And Discovery Market, By Indication, 2021 - 2031 (USD Million)
      1. Oncology
      2. Infectious Disease
      3. Neurology
      4. Others
    3. Global Artificial Intelligence For Drug Development And Discovery Market, By Application, 2021 - 2031 (USD Million)
      1. Novel Drug Candidates
      2. Drug Optimization and Repurposing Preclinical Testing and Approval
      3. Drug Monitoring
      4. Finding New Diseases Associated Targets and Pathways
      5. Understanding Disease Mechanisms
      6. Aggregating and Synthesizing Information
      7. Formation and Qualification of Hypotheses
      8. De Novo Drug Design
      9. Finding Drug Targets of an Old Drug
      10. Others
    4. Global Artificial Intelligence For Drug Development And Discovery Market, By End Use, 2021 - 2031 (USD Million)
      1. Contract Research Organizations (CROs)
      2. Pharmaceutical and Biotechnology Companies
      3. Research Centers and Academic Institutes
      4. Others
    5. Global Artificial Intelligence For Drug Development And Discovery Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Alphabet Inc
      2. Atomwise, Inc
      3. Benevolent AI
      4. Cloud Pharmaceutical
      5. Deep Genomics
      6. Exscientia
      7. IBM Corporation
      8. Insilico Medicine Inc
  7. Analyst Views
  8. Future Outlook of the Market