Artificial intelligence in cancer diagnostics market is anticipated to grow at a CAGR of 32.5% during the forecast period (2023-2030). Artificial Intelligence (AI) in cancer diagnostics is an automated software used for early cancer diagnostics with the help of cancer detection at early stages, proper treatment can be provided to the patients, resulting in low death rates. Several governments have increased their healthcare Information Technology (IT) expenditure, which in turn to improve healthcare infrastructure around the globe. For instance, the healthcare IT spending of the US federal government increased from $119.5 billion in 2020 to $176.5 billion in 2021. Increasing initiatives undertaken by the government to increase the adoption of AI-assisted technologies for cancer diagnosis is expected to boost the market growth.
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The global artificial intelligence in cancer diagnostics market is segmented on the application, type, and End user. Based on the application, the market is sub-segmented into screening & diagnosis, tumor identification and surveillance. Based on the type, the market is sub-segmented into breast cancer, prostate cancer, lung cancer, colorectal cancer, and others including cervical cancer, blood cancer, and bone cancer. Further, on the basis of end user, the market is sub-segmented into hospitals, diagnostic centers, research organization, medical institute and academics. Among the end user, the diagnostic centers sub-segment is anticipated to hold a considerable share of the market owing to the increasing government initiatives and funding in healthcare sector.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Artificial Intelligence in Cancer Diagnostics Market by Application
- Screening & Diagnosis
- Tumor Identification
- Surveillance
Global Artificial Intelligence in Cancer Diagnostics Market by Type
- Breast Cancer
- Prostate Cancer
- Lung Cancer
- Colorectal Cancer
- Others (Cervical Cancer, Blood Cancer, Bone Cancer, and Other)
Global Artificial Intelligence in Cancer Diagnostics Market by End User
- Hospitals
- Diagnostic Centers
- Research Organization
- Medical Institute and Academics
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Therapixel
- Sophia Genetics SA
- Freenome Holdings, Inc.
- Tempus Labs, Inc.
- Janssen Pharmaceuticals
- Path AI Inc.
- DeepMind Technologies Ltd.
- Cerner Corp.
- RaySearch Laboratories
- Flatiron health
- ai
- Oncology Analytics Inc.
- Oncora Medical
- Ibex Medical Analytics Ltd.
- 4basecare Onco Solutions Pvt. Ltd .
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global artificial intelligence in cancer diagnostics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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