Press release
AI in Cancer Diagnostics Global Market Report 2025: Driving Factors, Key Trends, and Market Value Analysis
AI In Cancer Diagnostics Market Size
What Is The Projected Market Size Of The Global AI In Cancer Diagnostics Global Market Report 2025 And Its Growth Rate?
The AI in cancer diagnostics market exhibits promising growth, driven by increasing cancer incidence rates and technological advances.
•2024 Market Size: $0.66 billion
•2025 Market Size: $0.79 billion (21.0% CAGR)
•2029 Market Size: $1.64 billion (19.9% CAGR)
This growth largely stems from technological advancements, integration with EHR, and global increase in health IT spending.
What Is Driving The Growth In The AI In Cancer Diagnostics Global Market Report 2025?
The integration of AI in cancer care enhances efficiency, accuracy, and personalized treatment options, aspects key in improving outcomes for cancer patients. According to the National Cancer Institute, in 2024, approximately 2 million new cancer cases are expected to be diagnosed in the U.S, with over 611,000 deaths projected. By 2040, new cancer cases and cancer-related deaths are estimated to rise to 29.9 million globally and 15.3 million, respectively. These increasing cancer prevalence rates drive growth in the artificial intelligence in the cancer diagnostics market.
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Who Are the Key Players Driving AI In Cancer Diagnostics Global Market Report 2025 Growth?
Major players in the AI in cancer diagnostics market include:
•Microsoft Corporation
•IBM Corporation
•Babylon Healthcare Services Ltd.
•Verily Life Sciences LLC
•Tempus
•Guardant Health
•Lunit Inc.
•Paige AI Inc.
•Ada Health GmbH
•Viz.ai Inc.
What Are The Key Trends In The AI In Cancer Diagnostics Global Market Report 2025?
Key market trends:
•Advancements in imaging technologies
•Technological convergence
•Collaborations between healthcare and tech companies
•Rise of digital pathology
•Automation in histopathology
What Are The Segments Of The Global AI In Cancer Diagnostics Global Market Report 2025?
1) By Component: Software Solutions, Hardware, Services
2) By Cancer Type: Breast Cancer, Lung Cancer, Brain Tumor, Skin And Cervical Cancer, Prostate And Colorectal Cancer, Other Cancer Types
3) By Application: Screening And Diagnosis, Tumor Identification, Monitoring
4) By End User: Hospitals, Diagnostic Centers, Medical Research Institutes, Contract Research Organizations
Which Region Leads The AI In Cancer Diagnostics Global Market Report 2025?
North America stood as the largest region in the artificial intelligence in cancer diagnostics market in 2024. Areas covered are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The AI In Cancer Diagnostics Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the AI in Cancer Diagnostics Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the AI in Cancer Diagnostics Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall AI in Cancer Diagnostics Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the AI In Cancer Diagnostics Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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