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Artificial intelligence (AI) in Pharmaceutical Market by Deployment Type (Cloud and On-Premises), by Application (Drug Discovery, Drug Development, Drug Commercialization) u2013 Global Trends, Size, Share, Growth, Industry Analysis and Forecast, 2019-2025
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Orion Market Research Artificial intelligence (AI) in Pharmaceutical Market by Deployment Type (Cloud and On-Premises), by Application (Drug Discovery, Drug Development, Drug Commercialization) – Global Trends, Size, Share, Growth, Industry Analysis and Forecast, 2019-2025 ------------------------------------------------------------------------------------ Email: info@omrglobal.com Phone: +91 780-304-0404, +1 646-755-7667 It is not the strongest of the industry or the most intelligent, however the one most adaptable to change that always survives. Pharmaceutical industry, being one of them is using AI (Artificial Intelligence) to alter the rate of its exiting growth. AI is being used in the other parts of healthcare too, such as healthcare practitioner, patient, regulatory body, or managed care organization’s needs and many more. However, the two main focused areas for AI in healthcare include patient care (mainly diagnosis and treatment plan recommendation) and pharmaceutical sector (which specifically focuses on drug discovery). In last few
years, the process of how scientist develop new drugs, find cure for disease and many more have changed a lot with the AI now being in picture. Browse the full report on Artificial intelligence (AI) in Pharmaceutical Market by Deployment Type (Cloud and On-Premises), by Application (Drug Discovery, Drug Development, Drug Commercialization) – Global Trends, Size, Share, Growth, Industry Analysis and Forecast, 2019-2025 at https://www.omrglobal.com/industry-reports/ai-in-pharmaceutical-market/ The most imperative field of pharmaceutical industry is new drug development. According to a study only 13.8% of the drugs pass the clinical trials successfully and the company invests around $160 million to $2 billion to complete the entire clinical trial process. With the incorporation of AI in pharmaceutical for drug development, this cost can be reduced, and drug discovery process can be made more cost-effective. Additionally, AI is suitable for repetitive task which can solve another pharmaceutical problem of analyzing big data. With the employment of AI in pharmaceutical industry, pool of data can be accessed easily to extract the useful information. Government is also framing laws to support the new trend of AI in pharmaceutical; for instance, in 2016, the state council issued the guideline to promote the development of AI in pharmaceutical sector in China. By seeing the promising future of AI in healthcare, many biopharma companies and startups in collaboration with the AI tech companies are driving towards AI technology. Genentech (working on cancer drug target) , Novartis (trying to improve and speed up the treatment process), Pfizer (accelerating drug discovery in immune-oncology), Astellas (working on repurposing existing drug) and Sunovion (researching new drugs for psychiatric disorders) are some of the players of pharmaceutical industry working with AI technology for its advancement in healthcare. Current Market Trends Covered in the market report: •Forth industrial revolution changing the pharmaceutical industry •Proliferation in the funding for the R&D and start-ups •Major acquisitions taking place between the pharma companies, start-ups and tech companies •AI solves the big data complexity in Pharma industry The Report AI in Pharmaceutical Market – Segmented by Deployment Type and by Application Global AI in Pharmaceutical Market by Deployment Type •Cloud •On-Premises
Global AI in Pharmaceutical Market by Application •Drug Discovery •Drug Development •Drug Commercialization The Report AI in Pharmaceutical Market – Segment by Region • • •Asia-Pacific (China, India, Rest of Asia-Pacific and Japan) • Rest of the World (Middle East & Africa and Latin America) North America (US and Canada) Europe (UK, Germany, France, Spain, and Italy) Company Profiled •3Scan, Inc. •AiCure, LLC •Arterys, Inc. •Atomwise, Inc. •BenchSci Analytics Inc. • BERG LLC To know more information, please request a free report sample at https://www.omrglobal.com/request-sample/?id=20128 The Report Covers •Comprehensive research methodology of the global AI in pharmaceutical •This report also includes a detailed and extensive market overview with key analyst insights. •An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations. •Analysis of regional regulations and other government policies impacting the global AI in pharmaceutical market. •Insights about market determinants which are stimulating the global AI in pharmaceutical •Detailed and extensive market segments with regional distribution of forecast revenues. •Extensive profiles and recent developments of market players.
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