The AI In Cancer Diagnostics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the AI In Cancer Diagnostics Market?
The market size for AI in cancer diagnostics has seen substantial growth recently. The industry size is predicted to increase from $0.66 billion in 2024 to $0.79 billion in 2025, growing at a compound annual growth rate (CAGR) of 21.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the AI In Cancer Diagnostics Industry?
By 2029, the AI in cancer diagnostics market is projected to be worth $1.64 billion, growing at a compound annual growth rate (CAGR) of 19.9%.
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What are the Key Growth Drivers Fueling the AI In Cancer Diagnostics Market?
The key drivers in the ai in cancer diagnostics market are:
• Emergence of explainable AI
• Increasing global healthcare IT spending
• Integration with electronic health records (EHR)
• Advancements and adoption of personalized medicine
Global Market Segmentation: Identifying Major AI In Cancer Diagnostics Industry Segments
The AI in cancer diagnostics market covered in this report is segmented –
1) By Component: Software Solutions, Hardware, Services
2) By Cancer Type: Breast Cancer, Lung Cancer, Brain Tumor, Skin Cancer 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
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What are the Emerging Trends Shaping the Future of the AI In Cancer Diagnostics Market?
The key trends in the ai in cancer diagnostics market are:
• The introduction of explainable AI technologies is a key emerging trend.
• Progress in the integration of AI with electronic health records (EHR) is shaping the market.
• The wave towards more personalized medicine adoption is a significant trend.
• The rise of digital pathology and automation in histopathology signifies an important future development.
Who Are the Top Competitors & Leading Players in the AI In Cancer Diagnostics Market?
Major companies in the ai in cancer diagnostics market are:
• 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.
• Butterfly Network Inc.
• Insilico Medicine
• BenevolentAI SA SA
• Enlitic Inc.
• Ibex Medical Analytics
• Kheiron Medical Technologies Limited
• CureMetrix Inc.
• CancerIQ Inc.
• MultiplAI Health
• Freenome Holdings Inc.
• SkinVision
• Entopsis
• Owkin
• Imagen Technologies
• Panakeia Technologies
• EchoPixel Inc.
• X-Zell Inc.
• Cyrcadia Health
• Oncora Medical
• Xilis
Regional Dominance: Which Area Leads the Global AI In Cancer Diagnostics Market?
North America was the largest region in the artificial intelligence in cancer diagnostics market in 2024
