Artificial Intelligence in Cancer Diagnosis and Therapy Market Size Worth USD 5,299 Million,Globally, by 2030 at 34.4% CAGR: Emergen Research

June 28 22:20 2022
Artificial Intelligence in Cancer Diagnosis and Therapy Market Size Worth USD 5,299 Million,Globally, by 2030 at 34.4% CAGR: Emergen Research
Emergen Research | Artificial Intelligence in Cancer Diagnosis and Therapy Market
Increased approval of AI-based devices for cancer therapy by FDA is a key factor driving AI in cancer diagnosis & therapy market revenue growth

The global Artificial Intelligence (AI) in cancer diagnosis & therapy market size was USD 367.9 Million in 2021 and is expected to register a revenue CAGR of 34.4% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of cancer in global population and rising mortality rate from cancer are expected to drive revenue growth of the global AI in cancer diagnosis & therapy market. In addition, significant developments in AI-based approaches to detect genetic changes and aberrant protein interactions at an early stage are driving market revenue growth.

Cancer is a disease with several genetic and epigenetic variations. Additionally, contemporary biomedical research focuses on bringing AI technology to clinics in a safe and ethical manner. AI-assisted pathologists and clinicians represent a significant advancement in predicting disease risk, diagnosis, prognosis, and therapy. AI has permeated many aspects of human life including health. Moreover, cancer diagnosis is perhaps the most complicated and ethically challenging medical use of AI. 

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Historical data available in the report elaborates on the development of the Artificial Intelligence in Cancer Diagnosis and Therapy on national, regional and international levels. Artificial Intelligence in Cancer Diagnosis and Therapy market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis.

The prominent market players are:

Pfizer Inc., Therapixel, SOPHiA Genetics, Janssen Global Services, LLC., PathAI, IBM, Microsoft, Oracle, OncoHealth, and Oncora Medical.

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Emergen Research has segmented the global AI in cancer diagnosis & therapy market based on surgery type, cancer type, end-use, and region:

  • Surgery Type Outlook (Revenue, USD Million; 2019-2030)
    • Radiotherapy
    • Chemotherapy
    • Immunotherapy
    • Precision Therapy
    • Phototherapy
    • Gene Therapy
    • Sonodynamic Therapy
  • Cancer Type Outlook (Revenue, USD Million; 2019-2030)
    • Breast Cancer
    • Lung Cancer
    • Melanoma Cancer
    • Colorectal Cancer
    • Prostate Cancer
    • Others
  • End-Use Outlook (Revenue, USD Million; 2019-2030)
    • Hospitals
    • Cancer Research Center
    • Diagnostic Labs

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Research Methodology

Using secondary sources such as company websites, annual reports, press releases, financial data, investor presentations, articles, news, white papers, certified publications, and government publishing sources as a starting point for the research methodology used to estimate and forecast the size of the Global Artificial Intelligence in Cancer Diagnosis and Therapy Market. In addition, the research takes into account vendor offers in order to categorise the market.

Using this data, the research then calculates the size of the global Artificial Intelligence in Cancer Diagnosis and Therapy market using a bottom-up approach. Primary research included thorough interviews with senior executives, chief executive officers, and directors, as well as vice presidents (VPs) and managers to determine the size of the market. These categories and sub-segments were then confirmed and validated by secondary research. Data triangulation processes are then used to complete the total market engineering process and arrive at precise statistics for all segments and sub-segments

Geographically, this report studies market share and growth opportunity in the following key regions:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Key Concepts Covered In The Report?

  • The study analyzes the product consumption growth rate in the applicable regions along with their consumption market share.
  • The global Artificial Intelligence in Cancer Diagnosis and Therapy industry market consumption rate of all the provinces, based on applicable regions and the product types are provided in the report.
  • The report also gives information regarding the products used throughout the topographies.
  • The study provides our clientele with the greatest competitive edge with top-level quality standards. The report examines the performance of the global Artificial Intelligence in Cancer Diagnosis and Therapy market, comprehensive judgment of market state, ongoing trends, and finally the global competitive landscape. Major market vendors’ study has been forecasted. Further, the study presents a thorough abstract of the statistics, market estimates, and revenue forecasts.

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