AI in Medicine News ・ 💊 Drug discovery and clinical trials

AI in Drug Discovery Market Size to Worth USD 17.56 Billion by 2031, at a CAGR of 28.1% – MarketsandMarkets™

Yahoo Finance · 10/16 14:30 UTC

MarketsandMarkets projects the global AI in drug discovery market will grow from USD 5.09 billion in 2026 to USD 17.56 billion by 2031, a CAGR of 28.1%. Growth is attributed to pharmaceutical demand to cut drug discovery timelines and R&D costs, wider adoption of generative AI and foundation models, and more multi-omics datasets.

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