Europe Ai In Oncology Market Size & Outlook, 2023-2030
Europe ai in oncology market, 2018-2030 (US$M)
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Europe ai in oncology market highlights
- The Europe ai in oncology market generated a revenue of USD 546.2 million in 2023.
- The market is expected to grow at a CAGR of 33.3% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 546.2 million |
| Market revenue in 2030 | USD 4,086.5 million |
| Growth rate | 33.3% (CAGR from 2023 to 2030) |
| Largest segment | Software solutions |
| Fastest growing segment | Software Solutions |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 19.5% of the global ai in oncology market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,853.2 million by 2030.
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AI In Oncology Market Scope
AI In Oncology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 49.18% in 2023. Horizon Databook has segmented the Europe ai in oncology market based on software solutions, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
European healthcare systems grapple with increased costs, a surge in cancer cases, heightened demand for healthcare facilities, and a stagnant or shrinking healthcare workforce. Structural inefficiencies in certain European countries compound industry challenges.
The transition to value-based healthcare aims to enhance patient outcomes while ensuring a more sustainable cost structure. Integrating AI into innovative medical technologies emerges as a strategic approach to address pressing healthcare issues.
AI for Health Imaging (AI4HI) Network and EU-U.S. Collaboration: EUCAIM operates under the AI4HI Network, involving 86 institutions from 20 nations in extensive EU-funded projects. Collaboration, In January 2023, the U.S. and EU announced an administrative arrangement for joint research in computing, AI, and privacy-related technologies.
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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 continent-level data and insights on the Europe ai in oncology market , including forecasts for subscribers. This continent databook contains high-level insights into Europe ai in oncology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe ai in oncology market size, by country, 2018-2030 (US$M)
Europe AI In Oncology Market Outlook Share, 2023 & 2030 (US$M)
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