Blockchain Press Releases
Machine Learning in Pharmaceutical Industry Market to Exhibit 37.9% CAGR and Generate $26,151.8 Million by 2031 | Research Dive
The global machine learning in pharmaceutical industry market is expected to see prominent growth by 2031, due to the growing use of machine learning algorithms to develop medicines. Regionally, the North America region was dominant.
NEW YORK, July 3, 2023 /PRNewswire/ — Global Machine Learning in Pharmaceutical Industry Market Forecast Analysis:
As per the report published by Research Dive, the global machine learning in pharmaceutical industry market is anticipated to generate a revenue of $26,151.8 million and grow at a fascinating CAGR of 37.9% over the analysis timeframe from 2022 to 2031.
Segments of the Machine Learning in Pharmaceutical Industry Market
The report has divided the machine learning in pharmaceutical industry market into the following segments:
- Component: solution and services
- Services – Expected to have the fastest growth by 2031
The increasing demand for more efficient and effective drug development and discovery processes and the growing use of machine learning services in the pharmaceutical sectors are expected to foster the growth of the market sub-segment forward. - Enterprise Size: SMEs and Large Enterprises
- Large Enterprises – Accounted for dominant market share in 2021
The increasing adoption of machine learning technologies to improve drug discovery, clinical trials, and patient outcomes is expected to bolster the growth of the market sub-segment throughout the forecast timeframe. - Deployment: cloud and on-premise
- Cloud – Held the largest market share in 2021
The increasing use of cloud computing in the pharmaceutical industry due to the rising need for secure and scalable data storage and processing, access to real-time data from multiple sources, and reduce infrastructure costs are predicted to fortify the growth of the market sub-segment further. - Region: North America, Europe, Asia-Pacific, and LAMEA
- North America – Held the greatest share of the market in 2021
The dominance of advanced research capabilities in the region to develop cutting-edge technologies in machine learning that can be applied in the pharmaceutical industry is predicted to boost the regional growth of the market in the coming period.
Dynamics of the Global Machine Learning in Pharmaceutical Industry Market
The increasing use of machine learning algorithms in the pharmaceutical sector to promote the diagnosis of diseases, improve the accuracy of diagnosis, reduce the need for invasive procedures, and enhance drug discovery is expected to augment the growth of the machine learning in pharmaceutical industry market. Moreover, the growing use of machine learning algorithms to analyze medical images such as CT scans and MRIs to detect abnormalities is further expected to augment the growth of the market over the analysis period. However, the regulatory and legal challenges over machine learning in the pharmaceutical sector may impede the growth of the market throughout the estimated period.
The increasing demand for machine learning to provide personalized medicines to individuals based on their unique characteristics such as medical history, lifestyle, and makeup is expected to create expansive growth opportunities for the machine learning in pharmaceutical industry market throughout the analysis timeframe.
Covid-19 Impact on the Machine Learning in Pharmaceutical Industry Market
Though the outbreak of the Covid-19 pandemic has devastated several other industries, it has positively impacted the machine learning in pharmaceutical industry market. This is mainly because of the increased use of machine learning algorithms to analyze large amounts of data from existing drugs, and clinical trials to speed up the drug discovery process during the pandemic period. Moreover, machine learning has been used in clinical trials during the pandemic who are mostly be benefitted from a particular treatment. This has further increased the growth of the market throughout the crisis.
Key Players of the Global Machine Learning in Pharmaceutical Industry Market
The major players of the market include
- Alphabet Inc.
- NVIDIA Corporation
- Atomwise Inc.
- Cyclica Inc.
- International Business Machines Corporation
- Deep Genomics
- Microsoft Corporation
- Cloud Pharmaceuticals Inc.
- IBM
- BioSymetrics Inc.
These players are mainly working on the development of new business strategies such as mergers and acquisitions, partnerships and collaborations, and product development to attain a leading position in the global industry.
For instance, in May 2023, Recursion, a renowned clinical stage TechBio company announced its acquisition of two companies Cyclica, the partner of choice for data-driven drug discovery, and Valence, a leading deep learning research institute. With this acquisition, the companies aimed to leverage their capabilities in digital chemistry, machine learning, as well as artificial intelligence for the deployment of technology-enabled drug discovery solutions in the biopharma industry.
What the Report Covers
Apart from the information summarized in this press release, the final report covers crucial aspects of the market including SWOT analysis, market overview, Porter’s five forces analysis, market dynamics, segmentation (key market trends, forecast analysis, and regional analysis), and company profiles (company overview, operating business segments, product portfolio, financial performance, and latest strategic moves and developments.)
More about Machine Learning in Pharmaceutical Industry Market:
- A Look at the Interesting Applications of Machine Learning in Pharmaceutical Industry
- Global Machine Learning in Pharmaceutical Industry Market to Generate $26,151.8 Million by 2031, Due to Growing Data Generation in Medical Sector
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About Research Dive
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
Contact:
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DUBAI, UAE, April 28, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, now offers API access for its On-Chain Earn and Flexible Savings products. Expansion to other Earn product types is currently in progress. Full technical specifications and integration instructions are available in the official API documentation.
This new integration gives institutional users and developers the ability to connect directly with Bybit’s infrastructure, enabling efficient, automated, and scalable management of their yield-generating strategies.
Bybit’s On-Chain Earn products allows users to earn rewards by participating in blockchain-based (or “on-chain”) financial opportunities such as staking and liquidity protocols. These products provide users with a DeFi-like experience by enabling interaction with smart contracts on public blockchains without the need for technical expertise. Staking in the crypto world often demands significant technical know-how and dedicated hardware, making it inaccessible for many. Bybit’s On-Chain Earn removes these barriers by handling the complexities behind the scenes — including gas fees, node operations, and reward distribution — so users can stake with ease and confidence.
An API, or Application Programming Interface, is a tool that allows different software systems to communicate. Bybit’s API allows developers and institutional users to programmatically access On-Chain Earn and Flexible Savings functions through their own platforms, enhancing customization and operational control.
“Bridging centralized access with decentralized opportunity is one of our core missions,” said Jerry Li, Head of Earn & Wealth Management at Bybit. “With API support for On-Chain Earn, we’re giving power users the infrastructure they need to build, manage, and fine-tune strategies with the speed and precision the market demands.”
The API offers structured access to key functions, including:
- An overview of currently available On-Chain Earn products, with filters by token and product category (LST, non-LST, or Mint),
- Detailed product data such as estimated APYs, staking terms, redemption timelines, minimum and maximum limits, exchange rates, and reward distribution mechanisms,
- Historical and real-time tracking of staking and redemption,
- Summaries of current positions and accrued rewards,
- Programmatic access to eligible Earn products for subscription and redemption, tailored to each supported mechanism.
This release marks a key step in Bybit’s continued efforts to support advanced users with infrastructure that connects centralized tools to decentralized finance opportunities.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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Blockchain Press Releases
MEXC Announces the Listing of MilkyWay (MILK) with 448,000 MILK and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 28, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announces the upcoming listing of MilkyWay (MILK) on April 29, 2025 (UTC). To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 448,000 MILK and 50,000 USDT for both new and existing users.
MilkyWay is a next-generation restaking protocol addressing security fragmentation across modular blockchains. As a liquid staking solution within the Celestia ecosystem and the leading restake protocol under Initia, it allows staked assets to secure multiple chains while improving capital efficiency through liquid staking (milkTIA) and AVS integration. It is currently integrated with over 10 DeFi protocols, including Osmosis, Levana, and Mars, offering users services such as trading, leverage, lending, and yield farming.MilkyWay’s TVL currently reaches $190 million.
$MILK is the governance token of the MilkyWay ecosystem. Holders can stake to support network security, vote on proposals, and earn rewards through staking, liquidity incentives, and ecosystem growth. 10% of the total supply is airdropped to Celestia TIA stakers as a tribute to early supporters.
To celebrate the listing, MEXC will launch an Airdrop+ event from April 28, 2025, 13:00 to May 8, 2025, 10:00 (UTC). The event includes the following benefits:
Benefit 1: Deposit and share 336,000 MILK (New user exclusive)
Benefit 2: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 3: Invite new users and share 112,000 MILK (For all users)
The listing of MilkyWay (MILK) is just the latest example of MEXC’s dedication to bringing the most innovative and timely assets to its platform. According to the latest TokenInsight report, from November 1, 2024, to February 15, 2025, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, MEXC has listed more than 3,000 digital assets. MEXC will continue to maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users have access to the best opportunities in the ever-evolving crypto landscape.
For full event details and participation rules, visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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Blockchain Press Releases
BTC Pricing Alert: Bitcoin Rebounds as Trump’s Trade War Comments Ignite Market Rally – Bybit x Block Scholes Report
DUBAI, UAE, April 28, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest weekly crypto derivatives analytics report in partnership with Block Scholes. The report highlights a shift in market sentiment following upbeat remarks from US President Trump on trade negotiations with China, which coincided with a broad rally in both crypto and equity markets.
Earlier last week, Bitcoin showed signs of decoupling from US equities. Following the announcement of a 145% tariff on Chinese goods and comments from Trump, BTC climbed by more than 7% from April 21, 2025, alongside broader risk assets. Short-tenor implied volatility rose, and put-call skew turned upward by 5%, indicating that traders had been positioning for further gains at the time.
Key Highlights:
Perpetual open interest rises across tokens
Perpetual futures open interest climbed significantly by 20% last week, particularly for ETH. Trading volumes also increased, with April 7, 2025 recording the highest daily volume for the month. The spike followed Trump’s comment: “Forget markets for a second, we have all the advantages.”
BTC option open interest shows a mixed picture; put-call skew in short tenor sends positive signals
President Trump’s recent willingness to negotiate a trade deal with China’s President Xi triggered a relief rally across asset classes, including crypto. Bitcoin had already risen 7% since Apr 21, 2025 prior to Trump’s comments. Despite this rally, open interest in puts has outpaced calls, with options volume remaining relatively balanced.
It’s unclear if the demand for puts reflects a hedge against downside risks, or a bet against the upward movement. Meanwhile, perpetual funding rates are providing limited insight into sentiment. However, the recovery of the put-call skew at short tenors indicates that traders are seeking upside exposure to the rally — and are willing to pay for it.
ETH outperforms BTC by 1% in the past week, signals rebound expectations
ETH led last week’s rally in spot markets — a rare occurrence in past relief rallies. Options data shows ETH calls nearly double puts in open interest, with calls also dominating volume. This suggests traders expect ETH to close its recent performance gap with BTC and competing chains like SUI and SOL. ETH’s term structure also inverted again, reflecting expectations of near-term price action.
Access the Full Report
For detailed insights, readers may download the full report.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/btc-pricing-alert-bitcoin-rebounds-as-trumps-trade-war-comments-ignite-market-rally—bybit-x-block-scholes-report-302439659.html
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