Germany Artificial Intelligence In Cancer Diagnostics Market Size & Outlook
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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.
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Artificial Intelligence In Cancer Diagnostics Market Scope
Artificial Intelligence In Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SkinVision | View profile | 11-50 | Amsterdam, Noord-Holland, The Netherlands, Europe | https://skinvision.com |
| Kheiron | View profile | 11-50 | London, England, United Kingdom, Europe | https://www.kheironmed.com/ |
| Tempus | View profile | 501-1000 | Chicago, Illinois, United States, North America | https://www.tempus.com |
| Therapixel | View profile | 11-50 | Nice, Provence-Alpes-Cote d'Azur, France, Europe | http://www.therapixel.com/ |
| CancerCenter.AI | View profile | 11-50 | Wroclaw, Dolnoslaskie, Poland, Europe | https://cancercenter.ai |
| Medial EarlySign | View profile | 11-50 | Hod Hasharon, HaMerkaz, Israel, Asia | http://earlysign.com/ |
| Quest Diagnostics Inc | View profile | 48000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | https://www.questdiagnostics.com |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
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 2024. 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.
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Target buyers of Germany 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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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.
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Germany artificial intelligence in cancer diagnostics market size, by diagnosis type, 2018-2030 (US$M)
Germany Artificial Intelligence In Cancer Diagnostics Market Outlook Share, 2024 & 2030 (US$M)
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