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.
Some of the key factors driving the growth of the global Artificial Intelligence in Cancer Diagnosis and Therapy market include expanding RD efforts to develop novel Artificial Intelligence in Cancer Diagnosis and Therapy products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market's dynamically altered environment. The study carefully investigates how the pandemic has altered market dynamics and trends while also precisely analysing how the crisis has impacted the market as a whole.
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Effect of COVID-19 on the global market for Artificial Intelligence in Cancer Diagnosis and Therapy
The COVID-19 pandemic had a significant negative influence on the market for Artificial Intelligence in Cancer Diagnosis and Therapy in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Artificial Intelligence in Cancer Diagnosis and Therapy were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Artificial Intelligence in Cancer Diagnosis and Therapy in 2020. Additionally, demand for Artificial Intelligence in Cancer Diagnosis and Therapy decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Artificial Intelligence in Cancer Diagnosis and Therapy market : Competitive Landscape
The prominent players operating in the Artificial Intelligence in Cancer Diagnosis and Therapy market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Artificial Intelligence in Cancer Diagnosis and Therapy market .
Some of the prominent players operating in the market are:
Pfizer Inc., Therapixel, SOPHiA Genetics, Janssen Global Services, LLC., PathAI, IBM, Microsoft, Oracle, OncoHealth, Oncora Medical
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The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
Key questions answered in the report:
What will be the development pace of Artificial Intelligence in Cancer Diagnosis and Therapy market ?
What are the key factors driving the Global Artificial Intelligence in Cancer Diagnosis and Therapy market ?
Who are the key manufacturers in the market space?
What are the openings, hazards, and outline of the market?
What is sales, revenue, and price analysis of top manufacturers of Artificial Intelligence in Cancer Diagnosis and Therapy market ?
Who are the distributors, traders, and dealers of Artificial Intelligence in Cancer Diagnosis and Therapy market ?
What are the Artificial Intelligence in Cancer Diagnosis and Therapy market opportunities and threats faced by the vendors in the Global Infrared detector industries?
What are deals, incomes, and value examinations by types and utilizations of the market?
What are deals, income, and value examinations by areas of enterprises?
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Segments Covered in this report are:
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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Regional Bifurcation of the Artificial Intelligence in Cancer Diagnosis and Therapy market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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