Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032
Overview
The Australia Artificial Intelligence (AI) in Drug Discovery Market is expected to reach a 647.79 USD Million by 2032 and is projected to grow at a CAGR of 73.66% from 2025 to 2032.
Revenue, 2024 (USD Million)
31.96
Forecast, 2032 (USD Million)
647.79
CAGR, 2024 - 2032
73.66%
Report Coverage
Australia
Australia Artificial Intelligence (AI) in Drug Discovery Market 2018-2032 USD Million
Australia Artificial Intelligence (AI) in Drug Discovery Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 31.96 USD Million
- Projected Market Size (2032): 647.79 USD Million
- CAGR (2025-2032): 73.66%
Key Findings of Australia Artificial Intelligence (AI) in Drug Discovery Market
- The Australia Artificial Intelligence (AI) in Drug Discovery Market was valued at 31.96 USD Million in 2024.
- The Australia Artificial Intelligence (AI) in Drug Discovery Market is likely to grow at a CAGR of 73.66% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Small Molecule in Drug Type Segment accounted for the largest share of the market with a revenue of 26.31 USD Million
- The fastest growing segment Novel Drug Candidates in Application Segment grew Fastest with a CAGR of 86.74% during the forecast period from 2024 to 2032.
Australia Artificial Intelligence (AI) in Drug Discovery Market Scope
Australia Artificial Intelligence (AI) in Drug Discovery Market Segmentation & Scope
Offering
- Services
- Software
Technology
- Others
- Natural Language Processing (NLP)
- Deep Learning
- Machine Learning (ML)
Application
- Others
- Finding New Disease-Associated Targets and Pathways
- Understanding Disease Mechanisms
- Formation & Qualification of Hypotheses
- Finding Drug Targets of an Old Drug
- De Novo Drug Design
- Aggregating and Synthesizing Information
- Drug Monitoring
- Drug Optimisation and Re-purposing Pre-clinical testing and approval
- Novel Drug Candidates
Indication
- Others
- Metabolic Diseases
- Cardiovascular Diseases
- Neurodegenerative Diseases
- Immuno-Oncology
Drug Type
- Large Molecule
- Small Molecule
End User
- Others
- Research Centres and Academic Institutes
- Pharmaceutical & Biotechnology Companies
- Contract Research Organizations
Australia Artificial Intelligence (AI) in Drug Discovery Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 31.96 USD Million |
| Market Value in 2032 | 647.79 USD Million |
| CAGR (2025-2032) | 73.66% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Offering,Technology,Application,Indication,Drug Type,End User |
Regional Insights:
-
Leading Market (2024-2032): Australia, leading in terms of revenue 31.96 USD Million in 2024
- Key Country: Australia, leading in terms of revenue with value of 31.96 USD Million in 2024.
Segments and Scope
-
Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032, By Offering
- Software is the largest segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 18.81 USD Million in the year 2024.
- Services is the Fastest growing segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 69.85 % in forecast period 2025-2032.
-
Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032, By Technology
- Machine Learning (ML) is the largest segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 16.75 USD Million in the year 2024.
- Machine Learning (ML) is the Fastest growing segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 75.78 % in forecast period 2025-2032.
-
Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032, By Application
- Novel Drug Candidates is the largest segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 10.50 USD Million in the year 2024.
- Novel Drug Candidates is the Fastest growing segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 86.74 % in forecast period 2025-2032.
-
Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032, By Indication
- Immuno-Oncology is the largest segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 13.69 USD Million in the year 2024.
- Immuno-Oncology is the Fastest growing segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 76.45 % in forecast period 2025-2032.
-
Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032, By Drug Type
- Small Molecule is the largest segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 26.31 USD Million in the year 2024.
- Small Molecule is the Fastest growing segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 74.25 % in forecast period 2025-2032.
-
Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032, By End User
- Contract Research Organizations is the largest segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 15.63 USD Million in the year 2024.
- Contract Research Organizations is the Fastest growing segment in Australia Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 78.01 % in forecast period 2025-2032.
Australia Artificial Intelligence (AI) in Drug Discovery Market Company Share Analysis
| Company Name |
|
||
| Microsoft | |||
| NVIDIA Corporation | |||
| IBM Corporation | |||
| Schrödinger, Inc. | |||
| BPGbio, Inc. | |||
Australia Artificial Intelligence (AI) in Drug Discovery Market Geographical Sales Distribution, 2018-2032 USD Million
Australia Artificial Intelligence (AI) in Drug Discovery Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia Artificial Intelligence (AI) in Drug Discovery Market is segmented based on Segmentation Offering,Technology,Application,Indication,Drug Type,End User.
Australia Artificial Intelligence (AI) in Drug Discovery Market was valued at USD 31.96(Revenue in USD Million) in 2020.
Australia Artificial Intelligence (AI) in Drug Discovery Market is projected to grow at a CAGR of 73.66% during the forecast period of 2024 to 2032.
The Small Molecule segment is expected to dominate the Australia Artificial Intelligence (AI) in Drug Discovery Market, holding a largest market share of 26.31 USD Million in 2024
Coming Soon....
Australia Artificial Intelligence (AI) in Drug Discovery Market Scope
Australia Artificial Intelligence (AI) in Drug Discovery Market Segmentation & Scope
Offering
- Services
- Software
Technology
- Others
- Natural Language Processing (NLP)
- Deep Learning
- Machine Learning (ML)
Application
- Others
- Finding New Disease-Associated Targets and Pathways
- Understanding Disease Mechanisms
- Formation & Qualification of Hypotheses
- Finding Drug Targets of an Old Drug
- De Novo Drug Design
- Aggregating and Synthesizing Information
- Drug Monitoring
- Drug Optimisation and Re-purposing Pre-clinical testing and approval
- Novel Drug Candidates
Indication
- Others
- Metabolic Diseases
- Cardiovascular Diseases
- Neurodegenerative Diseases
- Immuno-Oncology
Drug Type
- Large Molecule
- Small Molecule
End User
- Others
- Research Centres and Academic Institutes
- Pharmaceutical & Biotechnology Companies
- Contract Research Organizations
Frequently Asked Questions
The Australia Artificial Intelligence (AI) in Drug Discovery Market is segmented based on Segmentation Offering,Technology,Application,Indication,Drug Type,End User.
Australia Artificial Intelligence (AI) in Drug Discovery Market was valued at USD 31.96(Revenue in USD Million) in 2020.
Australia Artificial Intelligence (AI) in Drug Discovery Market is projected to grow at a CAGR of 73.66% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Artificial Intelligence (AI) in Drug Discovery Market for final year is USD 647.79 (USD Million).
Australia Artificial Intelligence (AI) in Drug Discovery Market Company Profiling
Frequently Asked Questions
The Australia Artificial Intelligence (AI) in Drug Discovery Market is segmented based on Segmentation Offering,Technology,Application,Indication,Drug Type,End User.
Australia Artificial Intelligence (AI) in Drug Discovery Market was valued at USD 31.96(Revenue in USD Million) in 2020.
Australia Artificial Intelligence (AI) in Drug Discovery Market is projected to grow at a CAGR of 73.66% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Artificial Intelligence (AI) in Drug Discovery Market for final year is USD 647.79 (USD Million).
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