South Africa Ai In Oncology Market Size & Outlook
South Africa ai in oncology market, 2018-2030 (US$M)
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South Africa ai in oncology market highlights
- The South Africa ai in oncology market generated a revenue of USD 59.0 million in 2023 and is expected to reach USD 383.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 30.6% 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 59.0 million |
| Market revenue in 2030 | USD 383.2 million |
| Growth rate | 30.6% (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, South Africa accounted for 2.1% 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 Middle East & Africa, South Africa ai in oncology market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 189.2 million by 2030.
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AI In Oncology Market Scope
AI In Oncology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 50.17% in 2023. Horizon Databook has segmented the South Africa ai in oncology market based on software solutions, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
The support from the U.S. government to South Africa in reducing the cancer burden is a major factor driving the AI in oncology market in South Africa. It encompasses various collaborative efforts and initiatives to enhance cancer prevention, diagnosis, treatment, and research in the country.
Through partnerships and programs, the U.S. government contributes to strengthening South Africa's healthcare infrastructure, fostering advancements in cancer care, and addressing specific cancer prevalence and management challenges.
The program, spanning multiple countries, including South Africa, aims to facilitate multidisciplinary research teams in adapting, engineering, and deploying cost-effective technologies for global cancer control.
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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 South Africa ai in oncology market , including forecasts for subscribers. This country databook contains high-level insights into South Africa ai in oncology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa ai in oncology market size, by component, 2018-2030 (US$M)
South Africa AI In Oncology Market Outlook Share, 2023 & 2030 (US$M)
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