Germany Artificial Intelligence In Cancer Diagnostics Market Size & Outlook
Germany artificial intelligence in cancer diagnostics market, 2018-2030 (US$M)
Related Markets
Germany artificial intelligence in cancer diagnostics market highlights
- The Germany artificial intelligence in cancer diagnostics market generated a revenue of USD 6.1 million in 2023 and is expected to reach USD 36.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 28.9% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component type in 2023.
- Services is the most lucrative component type segment registering the fastest growth during the forecast period.
Artificial intelligence in cancer diagnostics market data book summary
| Market revenue in 2023 | USD 6.1 million |
| Market revenue in 2030 | USD 36.2 million |
| Growth rate | 28.9% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Hardware, Services |
| Key market players worldwide | Microsoft Corp, Roche Holding AG, Quest Diagnostics Inc, Medial EarlySign, CancerCenter.AI, Therapixel, Tempus, Kheiron, SkinVision |
Other key industry trends
- In terms of revenue, Germany accounted for 3.2% of the global artificial intelligence in cancer diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK artificial intelligence in cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 36.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Artificial Intelligence In Cancer Diagnostics Market Scope
Artificial Intelligence In Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany artificial intelligence in cancer diagnostics 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 artificial intelligence in cancer diagnostics market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 47.54% in 2023. Horizon Databook has segmented the Germany artificial intelligence in cancer diagnostics market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
Germany AI in cancer diagnostics market is growing at a significant pace owing to increasing adoption of AI by health insurers and in medical imaging for diagnosis of cancer. Several investments in the field of AI in healthcare have positively influenced market growth.
For instance, investments by venture capital firm High-Tech Gründerfonds, which has made around 489 investments worth USD 942 billion in high-tech startups in areas such as robotics & virtual reality, have fueled growth of the market. According to PwC Germany, Sherlock in Health has discovered that the usage of AI in the early detection of diseases can save around EUR 70 billion (USD 74.5 billion) in healthcare costs in Europe in the coming decade.
Merantix, a Germany-based AI research lab, builds machine learning companies in several fields, including healthcare. The company has developed an AI algorithm that analyzes mammogram X-rays and detects abnormalities & signs of cancer with reliable accuracy.
Reasons to subscribe to Germany artificial intelligence in cancer diagnostics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Germany artificial intelligence in cancer diagnostics market databook
-
Our clientele includes a mix of artificial intelligence in cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany artificial intelligence in cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Germany artificial intelligence in cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany artificial intelligence in cancer diagnostics market size, by component type, 2018-2030 (US$M)
Germany Artificial Intelligence In Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
