Saudi Arabia Artificial Intelligence In Cancer Diagnostics Market Size & Outlook
Saudi Arabia artificial intelligence in cancer diagnostics market, 2018-2030 (US$M)
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Saudi Arabia artificial intelligence in cancer diagnostics market highlights
- The Saudi Arabia artificial intelligence in cancer diagnostics market generated a revenue of USD 0.5 million in 2023 and is expected to reach USD 2.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 28.6% 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 0.5 million |
| Market revenue in 2030 | USD 2.7 million |
| Growth rate | 28.6% (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, Saudi Arabia accounted for 0.2% 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 Middle East & Africa, Saudi Arabia artificial intelligence in cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.7 million by 2030.
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Artificial Intelligence In Cancer Diagnostics Market Scope
Artificial Intelligence In Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 40% in 2023. Horizon Databook has segmented the Saudi Arabia artificial intelligence in cancer diagnostics market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growing willingness of Middle Eastern countries to adopt AI and robots for their healthcare needs is anticipated to drive the market development & growth. In November 2019, Saudi Arabia’s digital health service, Nala, launched the first AI platform that allows immediate medical diagnosis in Arabic. Users can have access to personalized healthcare via a mobile app.
The Saudi Arabian government needs to bring quality standards and a regulatory structure that is relevant & mandatory to the healthcare sector as well as suitable incentives for implementing new methods.
Healthcare experts need to realize how AI can work with them in a medical locale as well as across the healthcare ecosystem and be open to switch. The private sector developing AI algorithms needs to build solutions to resolve major problems of resource and demand faced by the healthcare system.
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Target buyers of Saudi Arabia artificial intelligence in cancer diagnostics market databook
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Our clientele includes a mix of artificial intelligence in cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia artificial intelligence in cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia artificial intelligence in cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia artificial intelligence in cancer diagnostics market size, by component type, 2018-2030 (US$M)
Saudi Arabia Artificial Intelligence In Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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