Press release
AI In Oncology For Analytical Solutions Market: Research In-Depth Analysis, Applications, Forecast To 2033
AI In Oncology For Analytical Solutions Market
The Business Research Company presents an extensive market research report on the AI In Oncology For Analytical Solutions Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The ai in oncology for analytical solutions market size has grown exponentially in recent years. It will grow from $0.8 billion in 2023 to $1.07 billion in 2024 at a compound annual growth rate (CAGR) of 34.5%. The growth in the historic period can be attributed to increasing healthcare data availability, rising awareness and acceptance, advancements in machine learning algorithms, government initiatives and funding, clinical acceptance.
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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Key Market 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
Market Drivers:
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.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/ai-in-oncology-for-analytical-solutions-global-market-report
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
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