Argentina Artificial Intelligence In Drug Discovery Market Size & Outlook
Argentina artificial intelligence in drug discovery market, 2018-2030 (US$M)
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Argentina artificial intelligence in drug discovery market highlights
- The Argentina artificial intelligence in drug discovery market generated a revenue of USD 4.5 million in 2023 and is expected to reach USD 28.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 30.4% from 2024 to 2030.
- In terms of segment, drug optimization & repurposing was the largest revenue generating application in 2023.
- Drug Optimization & Repurposing is the most lucrative application segment registering the fastest growth during the forecast period.
Artificial intelligence in drug discovery market data book summary
| Market revenue in 2023 | USD 4.5 million |
| Market revenue in 2030 | USD 28.8 million |
| Growth rate | 30.4% (CAGR from 2023 to 2030) |
| Largest segment | Drug optimization & repurposing |
| Fastest growing segment | Drug Optimization & Repurposing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Optimization & Repurposing, Preclinical Testing |
| Key market players worldwide | International Business Machines Corp, Exscientia PLC ADR, Alphabet Inc Class A, Benevolent AI, Recursion Pharmaceuticals Inc Class A, Aitia, BioSymetrics, Euretos, Berg, Atomwise, Insitro |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.3% of the global artificial intelligence in drug discovery market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil artificial intelligence in drug discovery market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 28.8 million by 2030.
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Artificial Intelligence In Drug Discovery Market Scope
Artificial Intelligence In Drug Discovery Market Companies
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Argentina 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 53.33% in 2023. Horizon Databook has segmented the Argentina 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.
Argentina has made substantial progress in the use of technology over recent years. This is attributed to the increasing demand for AI, which is transforming the world of medicine, supporting healthcare professionals to reform diagnosis and treatment of various diseases.
In addition, the Argentinian government has recently adopted various methods to enhance the technology industry. The government is expecting to attract tech startups and investments from the private sector to boost machine learning and AI applications.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina artificial intelligence in drug discovery market , including forecasts for subscribers. This country databook contains high-level insights into Argentina artificial intelligence in drug discovery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina artificial intelligence in drug discovery market size, by application, 2018-2030 (US$M)
Argentina Artificial Intelligence In Drug Discovery Market Outlook Share, 2023 & 2030 (US$M)
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