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Escalating Need to Reduce Drug Development Costs and Time to Fuel AI Enabled Drug Discovery & Clinical Trials Market

Escalating Need to Reduce Drug Development Costs and Time to Fuel AI Enabled Drug Discovery & Clinical Trials Market
A new study by MarkNtel Advisors, the Global AI Enabled Drug Discovery & Clinical Trials Market is likely to witness around 23.6% CAGR during 2021-26.
UNITED SATES, July 29, 2021 /EINPresswire.com/ -- It owes primarily to the rapidly increasing awareness regarding the benefits of AI among medical professionals, the mounting requirements to minimize the drug discovery cost & time, and burgeoning adoption of cloud-based services & applications, owing to which, faster, efficient, & cost-effective drug discovery, is gaining momentum amongst the pharmaceutical industry stakeholders.
Apart from this, delay in patent expiry and expansion of biotechnology industries are other crucial factors likely to enhance the market growth in the years to come.

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4K Medical Imaging Market Research Report Forecast to 2027 – Cumulative Impact of COVID-19 Siemens Healthineers AG., Sony Corporation, B. Braun Melsungen AG, Eizo Corporation, LG Corporation – KSU

a2zFebruary 22, 2021
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The study highlights various emerging opportunities, such as the advancement of next-generation resolution and successor of 4K technology, i.e., 8K, includes some of the opportunities that can be leveraged by players operating in the market. The collaboration of the leading imaging system manufacturers with the emerging players in the 4K medical space to leverage their expertise, exploration of new applications, and several other key trends.
“4K Medical Imaging Market is growing at 12.20% CAGR during the forecast period 2020-2026. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market”.

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