Australia Ai In Oncology Market Size & Outlook, 2023-2030
Australia ai in oncology market, 2018-2030 (US$M)
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Australia ai in oncology market highlights
- The Australia ai in oncology market generated a revenue of USD 52.5 million in 2023 and is expected to reach USD 405.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 33.9% from 2024 to 2030.
- In terms of segment, software solutions was the largest revenue generating component in 2023.
- Software Solutions is the most lucrative component segment registering the fastest growth during the forecast period.
Ai in oncology market data book summary
| Market revenue in 2023 | USD 52.5 million |
| Market revenue in 2030 | USD 405.3 million |
| Growth rate | 33.9% (CAGR from 2023 to 2030) |
| Largest segment | Software solutions |
| Fastest growing segment | Software Solutions |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software Solutions, Hardware, Services |
| Key market players worldwide | International Business Machines Corp, Siemens Healthineers AG ADR, Intel Corp, GE HealthCare Technologies Inc Common Stock, NVIDIA Corp |
Other key industry trends
- In terms of revenue, Australia accounted for 1.9% of the global ai in oncology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ai in oncology market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,047.3 million by 2030.
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AI In Oncology Market Scope
AI In Oncology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia ai in oncology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai in oncology market will help companies and investors design strategic landscapes.
Software solutions was the largest segment with a revenue share of 48.76% in 2023. Horizon Databook has segmented the Australia ai in oncology market based on software solutions, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
The use of AI in the oncology domain in Australia is in the developing phase. Government initiatives in Australia are playing a crucial role in boosting the AI in oncology market in the country. These initiatives focus on advancing healthcare technologies and fostering innovation in cancer diagnosis and treatment.
The government's support includes funding programs, research grants, and collaborations with industry players and research institutions to accelerate the development and adoption of AI technologies in oncology.
Furthermore, collaborations between Australian research institutes and foreign or international organizations are playing a significant role in driving the growth of the AI in oncology market in Australia.
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Our clientele includes a mix of ai in oncology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia ai in oncology market , including forecasts for subscribers. This country databook contains high-level insights into Australia ai in oncology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia ai in oncology market size, by component, 2018-2030 (US$M)
Australia AI In Oncology Market Outlook Share, 2023 & 2030 (US$M)
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