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AI-Driven Cancer Diagnostics: Market Dynamics and Competitive Landscape

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Steve Anderson
AI-Driven Cancer Diagnostics: Market Dynamics and Competitive Landscape

The global AI in cancer diagnostics market size is expected to reach USD 996.1 million by 2030, growing at 26.3% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing need for lowering healthcare costs, the rising importance of big data in healthcare, improving adoption of precision medicine, and declining hardware costs are key factors driving the growth.

AI In Cancer Diagnostics Market Report Highlights

  • Based on component, the software solutions segment held the largest market share of 43.7% in 2022. The development of AI-based software solutions for cancer diagnostics is one of the key factors boosting segment growth
  • Based on cancer type, the other cancers segment emerged as the largest segment with a revenue share of 33.6% in 2022. Growing adoption of a sedentary lifestyle increased alcohol & tobacco consumption, and physical inactivity are driving the incidence of cancers such as bladder and skin cancers
  • Based on end-user, the hospital segment emerged as the largest end-user in the market, with a market share of 57.7% in 2022. The growing shortage of medical professionals and technological advancements in hospitals is expected to drive the segment
  • North America dominated the global market with a share of 56.0% in 2022. The rising adoption of healthcare IT solutions, the well-established healthcare sector, and the availability of funding for developing AI capabilities are some of the factors contributing to the growth of the market in the region

Gain deeper insights on the market and receive your free copy with TOC now @: Artificial Intelligence In Cancer Diagnostics Market Report

The increasing scope of applications of artificial intelligence (AI) in various healthcare fields, including diagnostics; the rising prevalence of cancer; and the growing shortage of public health workforce are some of the key factors anticipated to fuel the adoption of artificial intelligence (AI) in cancer diagnostics over the forecast period. In addition, the increasing applicability of AI-based tools in cancer care and the rise in venture capital investments is further driving the surge in demand for this technology.

The presence of prominent players in the market such as Microsoft, Flatiron, Therapixel, and Tempus, is anticipated to positively impact the growth. These players are adopting strategies such as acquisitions, collaborations, expansions, and new product launches to increase the reach of their products in the industry and increase the availability of their products & services in diverse geographical areas. For instance, in December 2021, Microsoft announced a partnership with CVS Health to develop innovative solutions for patients to improve their health while empowering healthcare professionals with tools to better service patients.

Furthermore, the rising government support in the form of funding and initiatives for the development of healthcare infrastructure is anticipated to drive the demand for technologically advanced and cost-efficient devices over the forecast period.

For More Details or Sample Copy please visit link @: https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-cancer-diagnostics-market-report/request/rs1

List of Key Players in the AI In Cancer Diagnostics Market

  • EarlySign
  • Cancer Center.ai
  • Microsoft
  • Flatiron
  • Path AI
  • Therapixel
  • Tempus
  • Paige AI, Inc.
  • Kheiron Medical Technologies Limited
  • SkinVision

Research Methodology

We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.

For Customized reports or Special Pricing please visit @: https://www.grandviewresearch.com/checkout/select-license/artificial-intelligence-cancer-diagnostics-market-report

Segmented the global AI in cancer diagnostics market based on component, cancer type, end-user, and region

Table of Contents

Chapter 1 Methodology And Scope

          1.1 Market Segmentation And Scope

          1.2 Research Methodology

           1.2.1 Information Procurement

             1.2.1.1 Purchased Database:

             1.2.1.2 GVR’s Internal Database

           1.2.2 Primary Research:

          1.3 Research Scope And Assumptions

          1.4 Research Methodology (Parent Market Approach And Commodity Flow Analysis)

           1.4.1 Research Methodology Steps: Commodity Flow Approach

          1.5 List Of Secondary Sources

          1.6 List Of Primary Sources

Chapter 2 Executive Summary

         2.1 Market Outlook

         2.2 Segment Outlook

         2.3 Regional Insight

         2.4 Competitive Insights

         2.5 Artificial Intelligence (Ai) In Cancer Diagnostics Market Snapshot

         2.6 Artificial Intelligence (Ai) In Cancer Diagnostics Segment Snapshot

         2.7 Artificial Intelligence (Ai) In Cancer Diagnostics Segment Snapshot (Contd.)

         2.8 Artificial Intelligence (Ai) In Cancer Diagnostics Competitive Snapshot

Chapter 3 Artificial Intelligence (Ai) In Cancer Diagnostics Market Variables, Trends & Scope

         3.1 Market Lineage Outlook

           3.1.1 Parent Market Outlook

             3.1.1.1 Ai In Healthcare Market

           3.1.2 Related/Ancillary Market Outlook

             3.1.2.1 Artificial Intelligence In Medical Imaging Market

         3.2 Penetration And Growth Prospect Mapping

         3.3 User Perspective Analysis

           3.3.1 Consumer Behavior Analysis

           3.3.2 Market Influencer Analysis

         3.4 Artificial Intelligence (Ai) In Cancer Diagnostics Market Dynamics

           3.4.1 Market Driver Analysis

             3.4.1.1 Early Detection And Classification Of Diseases

             3.4.1.2 Early Detection And Classification Of Cancer

             3.4.1.3 Increasing Use Of Ai In Chronic Disease Management

             3.4.1.4 Increasing Number Of Startups & Collaborations And Growing Venture Capitalist Funding

           3.4.2 Market Restraint Analysis

             3.4.2.1 Highly Regulated Industry

             3.4.2.2 Procurement Costs And Maintenance

         3.5 Artificial Intelligence In Cancer Diagnostics Market Analysis Tools

           3.5.1 Industry Analysis - Porter’s

             3.5.1.1 Bargaining Power Of Suppliers -Moderate

             3.5.1.2 Bargaining Power Of The Buyers - Low

             3.5.1.3 Threat Of Substitution - Low

             3.5.1.4 Threats Of New Entrants -Moderate

             3.5.1.5 Competitive Rivalry - High

           3.5.2 Pestel Analysis

             3.5.2.1 Political And Legal Landscape

             3.5.2.2 Economic And Social Landscape

             3.5.2.3 Technology Landscape

         3.6 Impact Of The Covid-19 Pandemic On Ai In Cancer Diagnostics Market

Chapter 4 Global Artificial Intelligence (Ai) In Diagnostics Market: Competitive Analysis

         4.1 Company/Competition Categorization (Key Innovators, Market Leaders, & Emerging Players)

         4.2 Recent Developments, By Key Market Participants

         4.3 Company Market Position Analysis

Chapter 5 Artificial Intelligence (Ai) In Cancer Diagnostics Market: Component Estimates & Trend Analysis

         5.1 Segment Dashboard

         5.2 Artificial Intelligence (Ai) In Cancer Diagnostics Market: Component Analysis, 2022 & 2030 (USD Million) 

         5.3 Ai In Cancer Diagnostics Market, By Component, 2017 - 2030 (USD Million)

         5.4 Software Solutions

           5.4.1 Software Solutions Market Estimates And Forecasts, 2017 - 2030 (USD Million)

         5.5 Hardware

           5.5.1 Hardware Market Estimates And Forecasts, 2017 - 2030 (USD Million)

         5.6 Services

           5.6.1 Services Market Estimates And Forecasts, 2017 - 2030 (USD Million)

Chapter 6 Artificial Intelligence (AI) In Cancer Diagnostics Market: Cancer Type Estimates & Trend Analysis

         6.1 Segment Dashboard

         6.2 Artificial Intelligence (AI) In Cancer Diagnostics Market: Cancer Type Analysis, USD Million, 2022 & 2030

         6.3 AI In Cancer Diagnostics Market, By Cancer Type, 2017 - 2030 (USD Million)

         6.4 Breast Cancer

           6.4.1 Breast Cancer Market Estimates And Forecasts, 2017 - 2030 (USD Million)

         6.5 Lung Cancer

           6.5.1 Lung Cancer Market Estimates And Forecasts, 2017 - 2030 (USD Million)

         6.6 Prostate Cancer

           6.6.1 Prostate Cancer Market Estimates And Forecasts, 2017 - 2030 (USD Million)

         6.7 Colorectal Cancer

           6.7.1 Colorectal Cancer Market Estimates And Forecasts, 2017 - 2030 (USD Million)

         6.8 Brain Tumor

           6.8.1 Brain Tumor Market Estimates And Forecasts, 2017 - 2030 (USD Million)

         6.9 Others

           6.9.1 Others Market Estimates And Forecasts, 2017 - 2030 (USD Million)

Chapter 7 Artificial Intelligence (Ai) In Cancer Diagnostics Market: End-User Estimates & Trend Analysis

         7.1 Segment Dashboard

         7.2 Artificial Intelligence (Ai) In Cancer Diagnostics Market: End-User Analysis, USD Million, 2022 & 2030

         7.3 Ai In Cancer Diagnostics Market, By End-User, 2017 - 2030 (USD Million)

         7.4 Hospitals

           7.4.1 Hospitals Market Estimates And Forecasts, 2017 - 2030 (USD Million)

         7.5 Surgical Centers And Medical Institutes

           7.5.1 Surgical Centers And Medical Institutes Market Estimates And Forecasts, 2017 - 2030 (USD Million)

         7.6 Others

           7.6.1 Others Market Estimates And Forecasts, 2017 - 2030 (USD Million)

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