India Ai In Oncology Market Size & Outlook, 2023-2030
India ai in oncology market, 2018-2030 (US$M)
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India ai in oncology market highlights
- The India ai in oncology market generated a revenue of USD 126.1 million in 2023 and is expected to reach USD 997.3 million by 2030.
- The India market is expected to grow at a CAGR of 34.4% 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 126.1 million |
| Market revenue in 2030 | USD 997.3 million |
| Growth rate | 34.4% (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, India accounted for 4.5% 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 |
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India 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 49.25% in 2023. Horizon Databook has segmented the India 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 India is primarily driven by various factors such as the increasing prevalence of cancer, the growing need for advanced diagnostic & treatment solutions, and the rising adoption of AI technologies in healthcare for improved patient outcomes.
Moreover, advancements in healthcare infrastructure and digitalization efforts support the integration of AI technologies to assist in early detection, diagnosis, and personalized cancer treatment. Moreover, according to WHO, India is the second-largest producer and consumer of tobacco.
Hence, understanding the need and demand, technology companies, healthcare providers, & research institutions collaborate to develop & implement AI solutions in oncology, thereby boosting the country's AI in oncology market. Some of the initiatives undertaken in India’s AI in oncology market are mentioned below.
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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 India ai in oncology market , including forecasts for subscribers. This country databook contains high-level insights into India ai in oncology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India ai in oncology market size, by component, 2018-2030 (US$M)
India AI In Oncology Market Outlook Share, 2023 & 2030 (US$M)
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