Global Artificial Intelligence In Drug Discovery Market Size & Outlook

The artificial intelligence in drug discovery industry worldwide is expected to reach a projected revenue of US$ 9,170.2 million by 2030. A compound annual growth rate of 29.6% is expected of the worldwide artificial intelligence in drug discovery industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,493.5
Forecast, 2030 (US$M)
$9,170.2
CAGR, 2024 - 2030
29.6%
Report Coverage
Worldwide

Global artificial intelligence in drug discovery market, 2018-2030 (US$M)

Related Markets

Global artificial intelligence in drug discovery market highlights

  • The global artificial intelligence in drug discovery market generated a revenue of USD 1,493.5 million in 2023 and is expected to reach USD 9,170.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 29.6% by 2030.
  • In terms of segment, drug optimization & repurposing accounted for a revenue of USD 802.3 million in 2023.
  • Drug Optimization & Repurposing is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 1,493.5 million
Market revenue in 2030USD 9,170.2 million
Growth rate29.6% (CAGR from 2023 to 2030)
Largest segmentDrug optimization & repurposing
Fastest growing segmentDrug Optimization & Repurposing
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDrug Optimization & Repurposing, Preclinical Testing

Other key industry trends

  • In terms of revenue, the North America accounted for 57.0% of the global artificial intelligence in drug discovery market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Italy is the fastest growing regional market and is projected to reach USD 30.9 million by 2030.

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Artificial Intelligence In Drug Discovery Market Scope

Artificial intelligence in drug discovery market segmentation & scope

Artificial Intelligence In Drug Discovery Market Companies

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Global artificial intelligence in drug discovery market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence in drug discovery market will help companies and investors design strategic landscapes.


Drug optimization & repurposing was the largest segment with a revenue share of 53.72% in 2023. Horizon Databook has segmented the Global artificial intelligence in drug discovery market based on drug optimization & repurposing, preclinical testing covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Artificial Intelligence In Drug Discovery Application Outlook (Revenue, USD Million, 2018-2030)
    • Consumer Electronics
    • Healthcare
    • Automotive
    • Military & Defense
    • Media & Entertainment
    • Drug Discovery & Development
    • Precision Medicine
    • Diagnotics
    • Others
    • Drug Optimization & Repurposing
    • Preclinical Testing
    • Orthopedics
    • Neurology
    • Urology
    • Gynecology
  • Global Artificial Intelligence In Drug Discovery Therapeutic Space Outlook (Revenue, USD Million, 2018-2030)
    • Oncology
    • Neurodegenerative Disease
    • Cardiovascular Disease
    • Metabolic Disease
    • Infctious Disease
    • Others

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  • Our clientele includes a mix of artificial intelligence in drug discovery market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global artificial intelligence in drug discovery market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial intelligence in drug discovery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global artificial intelligence in drug discovery market size, by regions, 2018-2030 (US$M)

Top 10 countries: Artificial intelligence in drug discovery market size, 2023 (US$M)

Global artificial intelligence in drug discovery market share, by application, 2023 & 2030 (%, US$M)

Artificial intelligence in drug discovery market: Opportunity assessment by country

Global artificial intelligence in drug discovery market, by region, 2023 (US$M)

Global artificial intelligence in drug discovery market size, by regions, 2018-2030 (US$M)

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