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:

AI in Oncology The Market research report explores and evaluates the Market's position during the predicted period. It is in-depth study that focuses on fundamental and secondary drivers, Market dominance, key segments, and geographic analysis. The research also looks at notable individuals, large collaborations, mergers, and acquisitions, as well as contemporary innovation and corporate strategy.

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Market Scope:

We examined the AI in Oncology Market from every angle conceivable, including both primary and secondary research approaches. This improved our grasp of current Market dynamics such as supply-demand imbalances, pricing trends, product preferences, and consumer behaviour. Following that, the data is collated and evaluated utilizing a variety of Market estimation and data validation procedures. In addition, we have an in-house data forecasting engine that predicts Market growth until 2029.

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AI in Oncology 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.

1. AI in Oncology Market Size and Forecast, by Treatments (2022-2029)

1. Chemotherapy
2. Radiotherapy
3. Immunotherapy

2. AI in Oncology Market Size and Forecast, by Components (2022-2029)

1. Software Solutions
2. Hardware
3. Services

3. AI in Oncology Market Size and Forecast, by End User (2022-2029)

1. Pharmaceutical and Biotechnology Companies
2. Researchers
3. Hospitals

AI in Oncology Key Players:

Primary and secondary research is used to determine Market leaders, while primary and secondary research are used to compute Market revenue. The core study included in-depth interviews with key thought leaders and industry specialists such as experienced front-line personnel, CEOs, and Marketing professionals. In-depth interviews with important thought leaders and industry specialists, such as experienced front-line personnel, CEOs, and Marketing professionals, were conducted as part of primary research, while secondary research included a study of the major manufacturers' annual and financial reports. Secondary sources are utilized to compute percentage splits, Market shares, growth rates, and global Market breakdowns, which are then compared to historical data. The players highlighted in this report are as follows:

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)

Regional Analysis:

The study provides an in-depth look at the area industry, covering both qualitative and quantitative data. It provides an overview and forecast of the global AI in Oncology Market by segment. It also provides Market size and forecast estimations for five main regions from 202 to 2029, including North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The AI in Oncology Market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.

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COVID-19 Impact Analysis on AI in Oncology Market:

We thoroughly researched and analyzed the Global AI in Oncology Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the global AI in Oncology industry's potential, providing statistical data on Market dynamics, growth factors, major challenges, PORTER analysis, and Market entry strategy analysis, opportunities, and forecasts. The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the Marketplaces of significant nations and presented their Market potential.

 

Key Questions Answered in the AI in Oncology Market Report are:

  • What are the most potential high-growth prospects in the worldwide AI in Oncology industry, broken down by product category, End User, and Region?
  • Which AI in Oncology Market categories will grow the most rapidly, and why?
  • Which regions will grow faster, and why?
  • What are the major factors impacting AI in Oncology Market dynamics? What are the AI in Oncology Market's major drivers and challenges?
  • What are the business risks and dangers in the AI in Oncology 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

About Maximize Market Research:

Maximize Market Research is a multifaceted Market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide Market-verified industry estimations, technical trend analysis, crucial Market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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