AI in Pharmaceutical Market
AI in Pharmaceutical Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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AI in Pharmaceutical Market Size and Growth
The AI in the pharmaceutical market is experiencing significant growth, projected to reach approximately $8 billion by 2025. Market conditions favor AI integration due to rising drug development costs and increasing data volumes. Enhanced analytics and predictive modeling improve decision-making, driving efficiency and innovation in research and development processes.
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Companies Covered
(Covid 19 Impact Covered)
◍ Google LLC.
◍ Intel Corporation
◍ Sanofi
◍ Eli Lilly and Company
◍ IBM Corporation
◍ Exscientia
◍ Iktos
◍ Biovista
The pharmaceutical AI market features companies like Google, Intel, and IBM, enhancing drug discovery and development. Sanofi and Eli Lilly leverage AI for personalized medicine. Exscientia and Iktos focus on automated drug design. Together, they drive innovation, improve efficiency, and increase revenue, with IBM's revenue at $60 billion.
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Market Segmentation
By Application
◍ Hospitals and Providers
◍ Pharmaceutical and Biotechnology companies
◍ Others
By Product
◍ Smartphones and Tablets
◍ Wearables
◍ Workstation Systems
◍ Medical Devices
◍ Autonomous Robots
◍ Imaging Systems
Others
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$ 2015.00 Billion
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