AI in Pharma Manufacturing Market Research 2026-2040: Pfizer, Moderna, Novartis, Merck, and Sanofi are Integrating AI Into Their Operations As the Sector Evolves Towards Pharma 4.0
View original at finance.yahoo.comAI in Pharma Manufacturing Market Research 2026-2040: Pfizer, Moderna, Novartis, Merck, and Sanofi are Integrating AI Into Their Operations As the Sector Evolves Towards Pharma 4.0 Company Logo AI revolutionizes pharma manufacturing by enhancing efficiency, quality, and cost-effectiveness…
What we drew from this source
The claims Via News extracted from this document. We point to the source; we don't replace it.
The market in Asia-Pacific is expected to grow at a higher CAGR during the forecast period driven by lower implementation costs, supportive government policies and rapidly expanding pharmaceutical sector
80% confidenceThe present market environment consists of approximately 130 participants including major, large, medium, and small enterprises
80% confidenceNearly 80% of firms are implementing machine learning to digitize various phases of the drug manufacturing process
80% confidenceOver 95% of the companies involved in AI for drug production provide advanced software solutions
80% confidenceThe global AI in pharma manufacturing market size is estimated to grow from USD 1.20 billion in the current year to USD 34.7 billion by 2040, at a CAGR of 28% during the forecast period
80% confidenceNorth America captures the majority of the market currently and this trend is unlikely to change in the future
80% confidenceMore than 60% of major pharmaceutical companies are utilizing AI to revolutionize their manufacturing processes
80% confidence
