South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032
Overview
The South Africa Artificial Intelligence (AI) in Drug Discovery Market is expected to reach a 840.65 USD Million by 2032 and is projected to grow at a CAGR of 87.52% from 2025 to 2032.
Revenue, 2024 (USD Million)
26.50
Forecast, 2032 (USD Million)
840.65
CAGR, 2024 - 2032
87.52%
Report Coverage
South Africa
South Africa Artificial Intelligence (AI) in Drug Discovery Market 2018-2032 USD Million
South Africa Artificial Intelligence (AI) in Drug Discovery Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 26.50 USD Million
- Projected Market Size (2032): 840.65 USD Million
- CAGR (2025-2032): 87.52%
Key Findings of South Africa Artificial Intelligence (AI) in Drug Discovery Market
- The South Africa Artificial Intelligence (AI) in Drug Discovery Market was valued at 26.50 USD Million in 2024.
- The South Africa Artificial Intelligence (AI) in Drug Discovery Market is likely to grow at a CAGR of 87.52% 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 20.89 USD Million
- The fastest growing segment Novel Drug Candidates in Application Segment grew Fastest with a CAGR of 100.39% during the forecast period from 2024 to 2032.
South Africa Artificial Intelligence (AI) in Drug Discovery Market Scope
South Africa Artificial Intelligence (AI) in Drug Discovery Market Segmentation & Scope
End Use
- Others
- Research Centres and Academic Institutes
- Pharmaceutical & Biotechnology Companies
- Contract Research Organizations
Indication
- Others
- Metabolic Diseases
- Cardiovascular Diseases
- Neurodegenerative Diseases
- Immuno-Oncology
Technology
- Others
- Natural Language Processing (NLP)
- Deep Learning
- Machine Learning (ML)
Offering
- Services
- Software
Drug Type
- Large Molecule
- Small Molecule
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
South Africa 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 | 26.50 USD Million |
| Market Value in 2032 | 840.65 USD Million |
| CAGR (2025-2032) | 87.52% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End Use,Indication,Technology,Offering,Drug Type,Application |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 26.50 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 26.50 USD Million in 2024.
Segments and Scope
-
South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032, By End Use
- Contract Research Organizations is the largest segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 12.84 USD Million in the year 2024.
- Contract Research Organizations is the Fastest growing segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 92.15 % in forecast period 2025-2032.
-
South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032, By Indication
- Immuno-Oncology is the largest segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 10.57 USD Million in the year 2024.
- Immuno-Oncology is the Fastest growing segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 90.99 % in forecast period 2025-2032.
-
South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032, By Technology
- Machine Learning (ML) is the largest segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 14.05 USD Million in the year 2024.
- Machine Learning (ML) is the Fastest growing segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 90.02 % in forecast period 2025-2032.
-
South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032, By Offering
- Software is the largest segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 16.69 USD Million in the year 2024.
- Services is the Fastest growing segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 83.99 % in forecast period 2025-2032.
-
South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032, By Drug Type
- Small Molecule is the largest segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 20.89 USD Million in the year 2024.
- Small Molecule is the Fastest growing segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 88.31 % in forecast period 2025-2032.
-
South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032, By Application
- Novel Drug Candidates is the largest segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a revenue of 8.59 USD Million in the year 2024.
- Novel Drug Candidates is the Fastest growing segment in South Africa Artificial Intelligence (AI) in Drug Discovery Market to 2032 with a Growth rate of 100.39 % in forecast period 2025-2032.
South Africa Artificial Intelligence (AI) in Drug Discovery Market Company Share Analysis
South Africa Artificial Intelligence (AI) in Drug Discovery Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Artificial Intelligence (AI) in Drug Discovery Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Artificial Intelligence (AI) in Drug Discovery Market is segmented based on Segmentation End Use,Indication,Technology,Offering,Drug Type,Application.
South Africa Artificial Intelligence (AI) in Drug Discovery Market was valued at USD 26.50(Revenue in USD Million) in 2020.
South Africa Artificial Intelligence (AI) in Drug Discovery Market is projected to grow at a CAGR of 87.52% during the forecast period of 2024 to 2032.
The Small Molecule segment is expected to dominate the South Africa Artificial Intelligence (AI) in Drug Discovery Market, holding a largest market share of 20.89 USD Million in 2024
South Africa Artificial Intelligence (AI) in Drug Discovery Market Scope
South Africa Artificial Intelligence (AI) in Drug Discovery Market Segmentation & Scope
End Use
- Others
- Research Centres and Academic Institutes
- Pharmaceutical & Biotechnology Companies
- Contract Research Organizations
Indication
- Others
- Metabolic Diseases
- Cardiovascular Diseases
- Neurodegenerative Diseases
- Immuno-Oncology
Technology
- Others
- Natural Language Processing (NLP)
- Deep Learning
- Machine Learning (ML)
Offering
- Services
- Software
Drug Type
- Large Molecule
- Small Molecule
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
Frequently Asked Questions
The South Africa Artificial Intelligence (AI) in Drug Discovery Market is segmented based on Segmentation End Use,Indication,Technology,Offering,Drug Type,Application.
South Africa Artificial Intelligence (AI) in Drug Discovery Market was valued at USD 26.50(Revenue in USD Million) in 2020.
South Africa Artificial Intelligence (AI) in Drug Discovery Market is projected to grow at a CAGR of 87.52% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Artificial Intelligence (AI) in Drug Discovery Market for final year is USD 840.65 (USD Million).
South Africa Artificial Intelligence (AI) in Drug Discovery Market Company Profiling
Frequently Asked Questions
The South Africa Artificial Intelligence (AI) in Drug Discovery Market is segmented based on Segmentation End Use,Indication,Technology,Offering,Drug Type,Application.
South Africa Artificial Intelligence (AI) in Drug Discovery Market was valued at USD 26.50(Revenue in USD Million) in 2020.
South Africa Artificial Intelligence (AI) in Drug Discovery Market is projected to grow at a CAGR of 87.52% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Artificial Intelligence (AI) in Drug Discovery Market for final year is USD 840.65 (USD Million).
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