The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Artificial Intelligence (AI) in Cancer Diagnostic Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Artificial Intelligence (AI) in Cancer Diagnostic Industry Analytical Overview (2021-2026): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Artificial Intelligence (AI) in Cancer Diagnostic Market is anticipated to grow at a CAGR of around 40.1% during the forecast period, i.e., 2021-26, The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2021 to 2026.
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What is Included in Artificial Intelligence (AI) in Cancer Diagnostic Market Segmentation?
The report has segmented the market into the following categories:
By Application
- Screening & Diagnosis
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Tumour Identification
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Treatment
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Surveillance
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By Cancer Type
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Breast Cancer
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Prostate Cancer
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Lung Cancer
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Colorectal Cancer
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Cervical Cancer
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Other (Pancreatic, Skin, Blood, etc.)
By End User
- Hospitals
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Medical Research Institutes
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Diagnostics Centres
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Contract Research Organizations
Based on the End-User, the market bifurcates into Hospitals, Medical Research Institutes, Diagnostics Centers, and Contract Research Organizations. Of these segments, Diagnostic Centers accounted for the majority share in Global AI in Cancer Diagnostics Market during 2016-19. It primarily attributes to the considerable adoption of AI technology for the screening & detection of cancer in the human body.
By Region
- North America
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Latin America
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Europe
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Middle East & Africa
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Asia-Pacific
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Key Factor Driver Artificial Intelligence (AI) in Cancer Diagnostic Industry Growth by 2026
The primary factor driving the market is the mounting number of cancer patients. The correct classification pattern of cancer is a real-world medical problem. Cancer has become one of the prime causes of mortality across the world. Hence, research into cancer diagnosis has become a critical issue for the scientific community.
The key problem in cancer treatment is its early detection. Often, cancer is detected in the later stages of the disease, when it has affected the function of vital organ systems and has spread in the entire body. Hence, early detection of cancer is very crucial. Using AI algorithms helps enhance diagnostic accuracy and provides quantitative metrics for better analysis.
Who are the Key Players Operating in the Artificial Intelligence (AI) in Cancer Diagnostic Industry?
The top companies of the Artificial Intelligence (AI) in Cancer Diagnostic market ruling the industry are:
- Pfizer
- Therapixel
- Sophia Genetics
- Freenome
- Tempus
- Janssen Pharmaceutica
- Path AI
- Google Deep Mind
- IBM
- Microsoft
- Cerner Corporation
- RaySearch Laboratories
- Flatiron
- Oncology Analytics, Inc
- Oncora Medical
- Others
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FAQs (Frequently Ask Questions)
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