Latin America Ai In Oncology Market Size & Outlook
Latin America ai in oncology market, 2018-2030 (US$M)
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Latin America ai in oncology market highlights
- The Latin America ai in oncology market generated a revenue of USD 273.5 million in 2023.
- The market is expected to grow at a CAGR of 32.3% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 273.5 million |
| Market revenue in 2030 | USD 1,939.8 million |
| Growth rate | 32.3% (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, Latin America region accounted for 9.8% 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 |
|---|
Latin America 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 49.51% in 2023. Horizon Databook has segmented the Latin America 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 the oncology market in the Latin America region is primarily driven by increasing collaborations between technology companies and healthcare providers. These collaborations aim to leverage AI technologies for early detection, diagnosis, and personalized cancer treatment.
Government initiatives and investments in digital health infrastructure further contribute to the growth of AI in oncology market in the region. The rising prevalence of cancer and the growing need for advanced technologies to enhance cancer care also play a significant role in driving the market growth.
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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 Latin America ai in oncology market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ai in oncology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America ai in oncology market size, by country, 2018-2030 (US$M)
Latin America AI In Oncology Market Outlook Share, 2023 & 2030 (US$M)
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