AI in Oncology Market to Reach USD 6.4 Bn by 2029, emerging at a CAGR of 35.4 percent and forecast 2023-2029

AI in Oncology Market Report Scope:

This comprehensive market report delves into the realm of AI in Oncology, encompassing market values, growth drivers, challenges, research methodology, and regional insights.

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AI in Oncology Market Research Methodology:

The report's foundation lies in a robust research methodology, involving data collection, analysis, and validation. Utilizing cutting-edge technologies such as Artificial Intelligence (AI) and Machine Learning (ML), the research process has been enhanced to provide in-depth insights and predictive analysis.

What are AI in Oncology Market Dynamics:

The market's growth is propelled by technological advancements that have simplified and streamlined complex processes in the oncology sector. The advent of digital information has unlocked AI's potential across all aspects of cancer research. With an ever-expanding pool of data sets, AI is poised to obtain molecular-level tumor information from cancer patients efficiently. Moreover, AI has revolutionized the analysis of medical images, including X-rays, CT scans, and MRIs, making it both simpler and more accurate. Risk mitigation, drug testing, analysis of patients' current and future states, and personalized treatment options have all become feasible thanks to AI in the oncology market. Machine Learning plays a pivotal role in enhancing robotics in the oncology domain, enabling robots to identify patterns in vast datasets and perform intricate tasks with reduced risk. This has paved the way for advanced robots that can handle complex jobs and allow for predictive maintenance and quality control. For instance, Illumina has introduced "Connected Insights" to facilitate tertiary analysis for oncology and uncommon disorders.

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What is AI in Oncology Market Segmentation:

by Treatment

1.Chemotherapy
2.Radiotherapy
3.Immunotherapy

by Components

1.Software Solutions
2.Hardware
3.Services

by Cancer Types

1.Breast Cancer
2.Lung Cancer
3.Cervical cancer
4.Colorectal Cancer
5.Prostate Cancer

by End-User

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

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Who are 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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Table of content for the AI in Oncology Market includes:

AI in Oncology Market : Research Methodology
AI in Oncology Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

3.AI in Oncology Market : Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

4.Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

AI in Oncology Market Regional Insights:

North America, spearheaded by the USA, dominates the market, holding a substantial 55% share. The presence of industry giants like Intel Corporation and GE Healthcare ensures its continued leadership. The region benefits from advanced laboratory facilities, cutting-edge technologies, and a well-established network of clinicians, researchers, and industry stakeholders. The practical application of AI in Oncology has significantly contributed to its market dominance. Canada and Mexico, though with smaller market shares compared to the USA, are emerging markets in the AI in Oncology industry.

Asia Pacific is experiencing substantial growth due to extensive investments in the AI in Oncology market. China, Japan, and India have emerged as leaders in this sector. China, in particular, holds a significant market share due to its high cancer incidence. The country's technological prowess presents ample opportunities for its continued growth. In India, companies like IBM, Microsoft, Google, NVIDIA, and Amazon Web Services are actively working on enhancing research and efficiency, driven by a burgeoning population and an increasing number of cancer patients.

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Key Offerings:

Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
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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