Market revenue in 2023 | USD 76.9 million |
Market revenue in 2030 | USD 597.4 million |
Growth rate | 34% (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 |
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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 49.28% in 2023. Horizon Databook has segmented the Germany ai in oncology market based on software solutions, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
The AI in oncology market in Germany is witnessing significant growth due to the rising adoption of AI by health insurers and its application in medical imaging for cancer diagnosis. Substantial investments in AI in healthcare have positively impacted market expansion.
For instance, in November 2023, GE Healthcare, Germany's University Medicine Essen (UME), and Vanderbilt University Medical Center (VUMC) joined forces to present GE Healthcare's AI models predicting patient responses to immunotherapies with 70% to 80% accuracy.
Furthermore, in January 2024, Deutsches Krebs for schungs zentrum, a research organization, introduced an AI solution for dermatologists to diagnose skin cancer. This system utilizes established diagnostic attributes related to specific areas of suspicious lesions.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany ai in oncology market , including forecasts for subscribers. This country databook contains high-level insights into Germany ai in oncology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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