11:23 ETAI in Biotechnology Market Size to Reach USD 1,971 Million by 2031 | Valuates Reports

prnewswire
2026.02.17 16:23
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The global AI in Biotechnology market is projected to grow from USD 1,033 million in 2024 to USD 1,971 million by 2031, at a CAGR of 10.6%. Key growth drivers include platform-driven drug discovery, machine learning applications, and the integration of multimodal data. Trends such as generative AI for compound design, predictive analytics for clinical success, and natural language processing for data extraction are enhancing market dynamics. The shift towards computational-first pipelines and real-world data integration is central to the market's expansion, reinforcing AI's role in precision medicine and drug development.