AI in Oncology Market is worth USD 0.76 billion in 2022 and is estimated to grow at a CAGR of 35.4% in the forecasted period. The forecasted revenue hints at a growth of around 6.4 billion USD by 2029.

AI in Oncology Market Overview

The report delivered by Maximize Market Research helps clients to understand the competitive landscape in detail, which is a guide for strategic planning. The report gives insights about the market to help clients understand the demand for their product in the future with the emerging trends in the AI in Oncology industry.

AI in Oncology Market Report Scope and Research Methodology

The report provides a thorough analysis of the market and contains meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics on AI in Oncology Industry. The report offers the market share and rival sector, as well as an analysis of the major vendors and leading regions. The report also provides the AI in Oncology market's present size, growth rates, and company profiles of the top players and producers. The bottom-up approach was used to estimate the AI in Oncology market size.

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Growth models and strategies used by key players are based on the competitive landscape. The report provides a thorough analysis of the market and includes meaningful insights, facts, historical data and industry-validated market statistics. The report also provides the AI in Oncology present size, growth rates, and company profiles of the top players and producers. An in-depth analysis of the regional environment is involved, along with information on the potential, important growth indicators, geographical challenges, and threats facing the market. 

Market Regional Insights

The Regional Analysis in the report helps to understand the market in various countries. The report includes a detailed analysis of all the factors, market size, growth rate, and import and export in regions covering North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

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AI in Oncology Market Segmentation

The most prevalent type of cancer, according to cancer type, is breast cancer, which makes up roughly 41% of this market sector for AI in oncology. The CAGR for cervical cancer is the greatest of the five, and it is projected to increase during the estimated period. The market share for AI in oncology is approximately equal between prostate cancer and lung cancer. Identification is crucial since early diagnosis aids in the development of precise anticancer treatments. Of the five forms of cancer, colorectal cancer has the smallest market.

Chemotherapy, Radiotherapy, and Immunotherapy are the three areas that can be divided based on treatment in the oncology market for AI. 40% of the market was accounted for by chemotherapy in 2022. Chemotherapy is one of the most often utilised cancer therapies. It is used to treat cancer. The use of AI in chemotherapy treatment enables clinicians to build digital patient profiles and adjust dosage. Research on AI-chemotherapy spurs market expansion. The acceptability of chemotherapy is increased by AI-tailored treatment with lower dosage and side effects. The fastest growth in immunotherapy is predicted, as clinical trials have shown it to be quite effective. Due to its usage in a variety of cancer treatments, radiotherapy has a sizable market share.

AI in Oncology Market Key Players

1. IBM - (United States)
2. Siemens Healthcare GmbH - (Germany)
3. Intel Corporation – (United States)
4. Hampton Research (USA)
5. Azra AI –(USA)
6. GE Healthcare – (USA)
7. NVIDIA Corporation – (USA)
8. Digital Diagnostics Inc – (USA)
9. ConcertAI – (USA)
10. PathAI (USA)
11. Tempus – (USA)
12. Paige – (USA)
13. Prognos – (USA)
14. Deep 6 AI – (USA)
15. Proscia – (USA)
16. Inspirata – (USA)
17. Enlitic – (USA)
18. DeepMind – (United Kingdom)
19. Sophia Genetics – (Switzerland)
20. Nanox – (Israel)
21. Ibex Medical Analytics – (Israel)
22. Aidoc – (Israel)
23. Zebra Medical Vision – (Israel)
24. Quantib – (Netherlands)
25. Kheiron Medical Technologies – (United Kingdom)
26. Qure.ai – (India)

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Key questions answered in the AI in Oncology Market are:

• What is AI in Oncology?
• What are the global trends in the AI in Oncology Market?
• What was the market size in 2022?
• Which trends are expected to generate additional revenue for the market growth?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Market?
• What are the major challenges that the AI in Oncology Market could face in the future?
• What are the upcoming industry applications and trends for the Market?
• What growth strategies are the players considering to increase their presence in the Market?
• Who held the largest market share in the Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• 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

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