The global Artificial Intelligence in Drug Discovery market
demonstrated a value of USD 253.8 million in 2019 and is projected to reach USD
2,127.9 million by 2027, exhibiting a remarkable compound annual growth rate
(CAGR) of 31.9%. Artificial intelligence (AI) technology is increasingly being
utilized to comprehend the targeted actions of new drugs and their applications
in various known diseases. Numerous research institutions are embracing
artificial intelligence to facilitate the discovery of novel drugs.
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