Machine Learning in Pharmaceutical Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing Adoption of Artificial Intelligence
- Growing Need for Advanced Technology in Medical Sector
Challenges
- Lack of Resources in the Developing and Under Developed Countries
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2023 |
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Forecast Year |
2024–2036 |
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Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Machine Learning in Pharmaceutical Market size is set to register remarkable growth rate during the forecast period i.e., between 2025-2037.
Increasing adoption of artificial intelligence, and growing need for advanced technology in medical sector to boost the market growth.
North America industry is estimated to dominate majority revenue share by 2037, owing to the presence of major pharmaceutical companies in the region, along with constant advancements in the medical sector.
The major players in the market are Cyclica Inc., BioSymetrics Inc., Cloud Pharmaceuticals, Inc., Deep Genomics, Atomwise Inc., Alphabet Inc., and others.