Press release
AI in Oncology Market Next Big Thing | Major Giants- Medtronic, NVIDIA, GE Healthcare
Data Insights Market published a new research publication on "AI in Oncology Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the AI in Oncology market was mainly driven by the increasing R&D spending across the world.Some of the key players profiled in the study are:
IBM Corporation, Digital Diagnostics Inc, PathAI, Medtronic, NVIDIA Corporation, GE Healthcare, Siemens Healthineers AG, Azra AI, Median Technologies Inc, Intel Corporation, ConcertAI LLC.
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Scope of the Report of AI in Oncology
The size of the AI in Oncology market was valued at USD 1.46 Million in 2023 and is projected to reach USD 12.25 Million by 2032, with an expected CAGR of 35.51% during the forecast period. Indeed, one of the fastest-growing fields that use AI technologies to revolutionize the care of cancer by employing machine learning and data analytics techniques in the analysis of a humongous amount of biomedical data such as medical images, genomic sequencing, or patient records to achieve efficiency and accuracy in diagnosis and treatment planning as well as patient follow-up. AI-based machines can see more accurately and clearly than the human eye radiologists, detect, and identify a medical image such as an X-ray, CT scan, or MRI for the development of cancer. Thus, intervention and treatment could be given at early stages. AI algorithms interpret genetic information about a specific cancer mutation to guide appropriate treatment selection. It further facilitates identification and discovery of drugs for early detection of new therapeutic areas and optimization of the design for their clinical trials.
The titled segments and sub-section of the market are illuminated below:
Component: Software Solutions, Hardware, Services, Cancer Type: Breast Cancer, Lung Cancer, Prostate Cancer, Colorectal Cancer, Brain Tumor, Other Cancer Types, Treatment Type: Chemotherapy, Radiotherapy, Immunotherapy, Other Treatment Types, Application: Cancer Detection, Drug Discovery, Drug Development, Other Applications
Market Drivers:
Surging Advancements in Healthcare Infrastructure
Increasing Prevalence of Cancer
Rising Demand for Early and Accurate Diagnosis of Cancer
Market Trends:
Chemotherapy Segment is Expected to Have a Highest Growth Rate in the Forecast Period
Restrains:
High Initial Costs and Concerns over the Replacement of Human Workforce
What can be explored with the AI in Oncology Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyse and Measure the Global AI in Oncology Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in AI in Oncology
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global AI in Oncology Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the AI in Oncology market
Chapter 2: Exclusive Summary - the basic information of the AI in Oncology Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the AI in Oncology
Chapter 4: Presenting the AI in Oncology Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2019-2023
Chapter 6: Evaluating the leading manufacturers of the AI in Oncology market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, AI in Oncology Market is a valuable source of guidance for individuals and companies.
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Data Insights Market is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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