The ai in oncology for analytical solutions market size is expected to see exponential growth in the next few years. It will grow to $3.47 billion in 2028 at a compound annual growth rate (CAGR) of 34.1%. The growth in the forecast period can be attributed to rising demand for personalized medicine, increasing healthcare awareness, integration of multi-omics data, regulatory refinement, telemedicine and remote diagnostics. Major trends in the forecast period include collaborations and partnerships, continuous technological advancements, industry collaborations, research and development initiatives, advancements in technology.
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Segmentation & Regional Insights
The ai in oncology for analytical solutions market covered in this report is segmented –
1) By Component: Data Licensing Services, Software Solutions, Analytics and Other Services
2) By Treatment Type: Chemotherapy, Radiotherapy, Immunotherapy, Other Treatments
3) By Cancer Type: Breast Cancer, Lung Cancer, Prostate Cancer, Colorectal Cancer, Brain Tumor, Kidney Cancer, Non-Hodgkin Lymphoma, Bladder Cancer
North America was the largest region in the AI In oncology for analytical solutions market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ai in oncology for analytical solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising prevalence of cancer is expected to propel the growth of AI in oncology for the analytical solutions market going forward. Cancer refers to a group of diseases characterized by the uncontrolled growth and spread of abnormal cells. AI in oncology for analytical solutions is used in cancer care to provide personalized treatment, early detection, and improved patient outcomes due to its ability to process large amounts of complex data quickly and efficiently. For instance, in October 2022, Macmillan Cancer Support, the UK-based health care charity organization, estimated that there were 3 million people having cancer in 2020, and it is estimated that it will rise to 3.5 million by 2025, 4 million by 2030, and 5.3 million by 2040. Therefore, the rising prevalence of cancer is driving the AI in oncology for analytical solutions market.
Key Industry Players
Major companies operating in the ai in oncology for analytical solutions market report are IBM Watson Health, NVIDIA Corporation, Siemens Healthineers, GE Healthcare, Tempus, DeepMind Health, Paige.AI, PathAI, Aidoc, Nucleai, HeartFlow, OWKIN, SOPHiA Genetics, Imagen Technologies, Butterfly Network, Atomwise, Enlitic, Inspirata, 3Scan, Zebra Medical Vision, Ibex Medical Analytics, Vuno Inc., Proscia, Google Health, Huiying Medical
The ai in oncology for analytical solutions market report table of contents includes:
1. Executive Summary
2. AI In Oncology For Analytical Solutions Market Characteristics
3. AI In Oncology For Analytical Solutions Market Trends And Strategies
4. AI In Oncology For Analytical Solutions Market – Macro Economic Scenario
5. Global AI In Oncology For Analytical Solutions Market Size and Growth
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32. Global AI In Oncology For Analytical Solutions Market Competitive Benchmarking
33. Global AI In Oncology For Analytical Solutions Market Competitive Dashboard
34. Key Mergers And Acquisitions In The AI In Oncology For Analytical Solutions Market
35. AI In Oncology For Analytical Solutions Market Future Outlook and Potential Analysis
36. Appendix
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