AI in Oncology Market Top Vendors, Recent And Future Trends, Growth Factors, Size, Segmentation and Forecast to 2030
Global AI in Oncology Market was valued at USD 2.46 Bn. in 2023 and is expected to reach USD 5.56 Bn. by 2030 with a growing CAGR of 12.35% over the forecast period of 2024-2030.
AI in Oncology Market Report Scope and Research Methodology
The report offers a comprehensive analysis of the AI in Oncology Market, featuring significant discoveries encompassing aspects such as pricing, investments, expansion strategies, and market presence. It furnishes insights into the drivers, limitations, opportunities, and challenges prevalent within the AI in Oncology market. The competitive landscape of the AI in Oncology market includes evaluations of financial standings, portfolios, technology integration, merger and acquisition activities, joint ventures, and strategic partnerships. The report employs a bottom-up approach to determine the AI in Oncology market's size estimation and growth rates.
The report conducts a regional analysis of the AI in Oncology market on local, regional, and global scales. It segments the AI in Oncology market into distinct categories, facilitating a detailed segment-wise analysis. Furthermore, the report highlights emerging regions poised to emerge as significant markets within the AI in Oncology industry.
The report employs both primary and secondary data collection methods, incorporating qualitative and quantitative approaches for AI in Oncology market analysis. Primary methods involve surveys, questionnaires, and telephonic interviews with market leaders and business proprietors. Secondary methods encompass financial reports, annual summaries, press releases, white papers, and similar sources. The utilization of SWOT analysis aids in identifying market vulnerabilities and shortcomings, while the PORTER analysis enhances the understanding of competitive dynamics within the AI in Oncology Market.
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AI in Oncology Market Dynamics
AI-driven robotic systems have revolutionized oncology by enhancing surgical precision, leading to better patient outcomes and shorter recovery periods. In 2023, these advancements gained significant traction in Europe, particularly in the UK, where the Da Vinci Surgical System became more widely used, notably at the Royal Marsden Hospital. This technology has improved surgical accuracy and expedited patient recovery. Additionally, AI-powered automation in laboratories across Europe has streamlined critical processes like tissue analysis and biomarker testing, further advancing oncology care.
AI in Oncology Market Regional Insights
The AI in Oncology market is extensively categorized into North America, Europe, Asia Pacific, South America, the Middle East, and Africa. The Regional Analysis within the report facilitates comprehension of the AI in Oncology market across different countries. The report conducts a comprehensive assessment of all relevant factors, encompassing market size, growth rate, as well as import and export dynamics within these regions.
AI in Oncology Market Segmentation
By Component
Software Solutions
Hardware
Services
By Cancer Type
Breast Cancer
Lung Cancer
Prostate Cancer
Colorectal Cancer
Brain Tumor
Others
By Application
Diagnostics
Radiation Therapy
Research & Development
Chemotherapy
Immunotherapy
AI in Oncology Market Key Players
- IBM
- Siemens Healthcare GmbH
- Intel Corporation
- GE HealthCare
- NVIDIA Corporation
- Digital Diagnostics Inc.
- ConcertAI
- Median Technologies
- PathAI
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Key questions answered in the AI in Oncology Market are:
- What is AI in Oncology?
- What was the AI in Oncology market size in 2023?
- What is the growth rate of the AI in Oncology Market?
- Which are the factors expected to drive the AI in Oncology market growth?
- What are the different segments of the AI in Oncology Market?
- What growth strategies are the players considering to increase their presence in AI in Oncology?
- What are the upcoming industry applications and trends for the AI in Oncology Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the AI in Oncology Market?
- Who are the leading companies and what are their portfolios in AI in Oncology Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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