Artificial Intelligence in Drug Discovery Market Insights Video
According to Cognitive Market Research, the global Artificial Intelligence in Drug Discovery market size is USD 815.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 40.00% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 326.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 38.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 244.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 187.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 42.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 40.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 39.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 16.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 39.7% from 2024 to 2031.
The services held the highest Artificial Intelligence in Drug Discovery market revenue share in 2024.