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AI In Oncology Global Market Insights 2026, Analysis and Forecast to 2031

Publisher Prof-Research
Published Jan 10, 2026
Length 95 Pages
SKU # PROF20703487

Description

AI In Oncology Market Summary

The AI in Oncology market represents the most significant technological pivot in contemporary cancer care, moving the industry from generalized treatment protocols toward a data-driven precision oncology paradigm. This sector focuses on the deployment of sophisticated machine learning (ML), deep learning (DL), and natural language processing (NLP) algorithms to manage the exponential growth and complexity of oncological data. Unlike conventional software, AI in oncology excels at multi-modal integration—simultaneously processing high-resolution medical imaging, digital pathology slides, longitudinal electronic health records (EHRs), and high-dimensional genomic sequencing (Next-Generation Sequencing). The fundamental characteristic of this industry is its ability to convert big data into actionable clinical intelligence, addressing the global shortage of specialized oncologists and pathologists while significantly reducing diagnostic turnaround times and therapeutic errors.

Driven by the rising global cancer burden and the structural shift toward cloud-native healthcare ecosystems, the AI in Oncology market is estimated to reach a valuation of approximately USD 3.0–9.0 billion in 2025. The market is projected to expand at a compound annual growth rate (CAGR) of 10.0%–30.0% through 2030. This wide growth range reflects the aggressive acceleration of regulatory approvals for Software as a Medical Device (SaMD) and the increasing willingness of public and private payers to reimburse AI-assisted diagnostic procedures. As biopharmaceutical companies increasingly rely on AI to optimize clinical trial patient selection and identify novel biomarkers, the market is transitioning from a supplemental tool to an essential infrastructure for the entire oncology value chain.

Application Analysis and Market Segmentation

The integration of AI into oncology is segmented by the clinical environment in which the technology is deployed, with a focus on streamlining complex workflows.

By Application

Hospitals: This is the dominant application segment, projected to grow at an annual rate of 12.0%–28.0%. Hospitals are the primary hubs for patient data generation. AI is being utilized here for real-time clinical decision support, triage of emergency oncology cases (such as acute neurological complications), and the automation of labor-intensive tasks like tumor contouring in radiation therapy. The trend toward Smart Hospitals ensures that AI is being integrated directly into existing Picture Archiving and Communication Systems (PACS).

Surgical Centers & Medical Institutes: Estimated growth of 11.0%–32.0% annually. This segment is characterized by high-precision needs. In surgical centers, AI is used for preoperative planning and intraoperative guidance, such as identifying tumor margins in real-time. Medical institutes and academic centers drive value by utilizing AI for complex research, including the mapping of the tumor microenvironment and long-term epidemiological studies.

Others (Pharmaceutical Companies & Research Labs): Projected to expand at 15.0%–35.0% annually. This is the fastest-growing niche, fueled by the AI-first drug discovery movement. Pharmaceutical firms use AI to predict drug toxicity and patient response, effectively de-risking the billion-dollar investments required for new immunotherapy launches.

By Component Type

Software Solutions: Representing the largest market share, this segment is projected to grow at 14.0%–33.0%. This includes diagnostic software for medical imaging, treatment planning platforms, and digital pathology suites. The shift toward SaaS (Software-as-a-Service) models allows healthcare providers to access high-compute AI power without massive upfront capital expenditure.

Services: Estimated growth of 16.0%–35.0%. As AI deployment becomes more complex, the demand for specialized services—including data curation, algorithm fine-tuning, integration consulting, and post-deployment monitoring—is surging. Hospitals increasingly rely on third-party vendors to manage the technical lifecycle of clinical algorithms.

Hardware: Projected to grow at 8.0%–18.0%. While software is the primary driver, the need for high-performance GPUs (Graphic Processing Units) and specialized edge-computing servers to run locally hosted AI models remains a steady component of the market infrastructure, particularly in regions with strict data residency laws.

Regional Market Distribution and Geographic Trends

Regional adoption is heavily influenced by the digitalization of national healthcare systems and the prevalence of specific cancer types.

North America: Projected annual growth of 10.0%–25.0%. The U.S. remains the global leader, accounting for nearly half of the market revenue. This is driven by a highly mature digital health infrastructure, significant venture capital flow into health-tech startups, and the presence of the world's leading oncology research institutions. The integration of AI into Medicare and Medicaid reimbursement frameworks is a major trend supporting sustained growth.

Europe: Estimated growth of 9.0%–22.0%. Led by the UK, Germany, and France, the European market is defined by a focus on Federated Learning—where AI is trained on decentralized hospital data to comply with strict GDPR (General Data Protection Regulation) mandates. The European Beating Cancer Plan is a major policy driver for AI adoption in pan-European screening programs.

Asia-Pacific: Expected to be the fastest-growing region at 15.0%–38.0%. Driven by China, Japan, and India, the region is leapfrogging older diagnostic methods in favor of AI-driven mobile screening for lung and gastric cancers. High patient volumes and a rapid push toward national electronic health records provide the massive datasets necessary for regional AI training.

Latin America: Projected growth of 8.0%–20.0%, with Brazil and Mexico as primary markets. Growth is concentrated in private healthcare networks and the use of AI to extend specialized oncology services to remote, underserved populations.

Middle East & Africa (MEA): Anticipated growth of 7.0%–18.0%. The GCC countries, particularly Saudi Arabia and the UAE, are investing heavily in smart health initiatives, positioning themselves as centers for precision medicine and high-end medical tourism.

Key Market Players and Competitive Landscape

The competitive landscape is a confluence of legacy technology titans, pharmaceutical conglomerates, and highly specialized AI-native startups.

IBM Corporation & Flatiron Health (Roche): IBM’s Watson for Oncology was a pioneer in clinical NLP, while Flatiron Health provides the industry's most robust Real-World Evidence (RWE) platform, allowing researchers to use AI to see how cancer treatments perform in diverse, real-world populations.

Tempus Labs, Inc. & Lunit Inc.: Tempus specializes in smart sequencing, bridging the gap between clinical data and molecular profiling. Lunit (South Korea) has emerged as a global leader in AI for thoracic and breast imaging, with its products used in over 2,000 healthcare sites worldwide.

PathAI, Inc. & Paige.AI: These firms are the leaders in the digital pathology revolution. PathAI focuses on enhancing the accuracy of diagnostic slides for clinical trials, while Paige.AI was the first to receive FDA authorization for an AI system that helps pathologists detect prostate cancer.

Exscientia & BenevolentAI: These Pure Players focus on the upstream end of the market—AI-driven drug discovery. They utilize autonomous systems to design novel molecules, significantly reducing the failure rate in early-stage oncology drug development.

Ibex Medical Analytics & DeepHealth (RadNet): Ibex is renowned for its AI-powered Second Read systems in pathology, while DeepHealth leverages the massive imaging volume of RadNet to refine breast cancer detection algorithms.

Valo Health Inc. & Aiforia Technologies: Valo Health utilizes an end-to-end Opal platform to transform drug development, while Aiforia provides cloud-based deep learning tools that allow researchers to create their own custom AI models for tissue analysis.

Industry Value Chain Analysis

The value chain for AI in oncology is highly specialized, concentrating value in the intelligence derived from clinical data curation.

Data Acquisition and Annotation: The raw material of this industry is high-quality, de-identified clinical data. Value is primarily added by medical specialists (radiologists and pathologists) who annotate or label ground-truth data, teaching the AI to distinguish between malignant and benign tissues.

Algorithm Training and Validation: This stage involves the use of high-compute environments to develop neural networks. Value is concentrated in Model Robustness—the ability of an algorithm to maintain high accuracy across different patient ethnicities, scanner types, and hospital protocols.

Regulatory Compliance and Clinical Trials: Unlike standard software, AI in oncology must undergo rigorous clinical validation. Achieving FDA (510k) or CE-IVD marking is a high-value milestone that provides a competitive moat and allows for commercial deployment in clinical settings.

Deployment and Platform Integration: The AI must be integrated into the clinical workflow. Value is added here through Interoperability, ensuring that the AI insights appear directly on the oncologist’s dashboard within their existing software (e.g., Epic, Cerner, or specialized PACS).

Clinical Adoption and Outcomes Monitoring: The ultimate value is captured at the point of care, where AI insights lead to earlier detection, fewer biopsies, and more effective first-line therapy choices, thereby reducing the total cost of care for the health system.

Market Opportunities and Challenges

Opportunities

Multi-Omics Integration: The most significant opportunity lies in pan-diagnostic AI that can combine imaging, genomics, and liquid biopsy data into a single comprehensive patient profile, enabling true 1:1 personalized medicine.

AI in Clinical Trial Recruitment: By scanning EHRs at scale, AI can identify eligible patients for rare-cancer trials in days rather than months, significantly accelerating the path to market for niche therapies.

Screening Democratization: AI Triage tools allow general practitioners to conduct high-level cancer screenings in primary care settings, referring only the most complex cases to specialists.

Challenges

The Explainability Gap: As deep learning models become more complex, it becomes harder for clinicians to understand the reasoning behind a prediction. This Black Box nature remains a barrier to full clinical trust and adoption.

Data Silos and Interoperability: High-quality oncology data is often locked in proprietary hospital systems. The lack of standardized data formats (e.g., DICOM vs. proprietary pathology formats) complicates the training of universal AI models.

Algorithmic Bias: If an AI is trained primarily on data from Western populations, its diagnostic accuracy may drop significantly when applied to patients in Asia or Africa. Addressing Data Diversity is both a technical challenge and an ethical mandate for the industry.

Table of Contents

95 Pages
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter Four Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 AI in Oncology Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast AI in Oncology Market in North America (2021-2031)
8.1 AI in Oncology Market Size
8.2 AI in Oncology Market by End Use
8.3 Competition by Players/Suppliers
8.4 AI in Oncology Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
9.5.3 Mexico
Chapter 9 Historical and Forecast AI in Oncology Market in South America (2021-2031)
9.1 AI in Oncology Market Size
9.2 AI in Oncology Market by End Use
9.3 Competition by Players/Suppliers
9.4 AI in Oncology Market Size by Type
9.5 Key Countries Analysis
Chapter 10 Historical and Forecast AI in Oncology Market in Asia & Pacific (2021-2031)
10.1 AI in Oncology Market Size
10.2 AI in Oncology Market by End Use
10.3 Competition by Players/Suppliers
10.4 AI in Oncology Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia & New Zealand
Chapter 11 Historical and Forecast AI in Oncology Market in Europe (2021-2031)
11.1 AI in Oncology Market Size
11.2 AI in Oncology Market by End Use
11.3 Competition by Players/Suppliers
11.4 AI in Oncology Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Northern Europe
Chapter 12 Historical and Forecast AI in Oncology Market in MEA (2021-2031)
12.1 AI in Oncology Market Size
12.2 AI in Oncology Market by End Use
12.3 Competition by Players/Suppliers
12.4 AI in Oncology Market Size by Type
12.5 Key Countries Analysis
Chapter 13 Summary For Global AI in Oncology Market (2021-2026)
13.1 AI in Oncology Market Size
13.2 AI in Oncology Market by End Use
13.3 Competition by Players/Suppliers
13.4 AI in Oncology Market Size by Type
Chapter 14 Global AI in Oncology Market Forecast (2026-2031)
14.1 AI in Oncology Market Size Forecast
14.2 AI in Oncology Application Forecast
14.3 Competition by Players/Suppliers
14.4 AI in Oncology Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 IBM Corporation
15.1.1 Company Profile
15.1.2 Main Business and AI in Oncology Information
15.1.3 SWOT Analysis of IBM Corporation
15.1.4 IBM Corporation AI in Oncology Revenue, Gross Margin and Market Share (2021-2026)
15.2 Tempus Labs
15.2.1 Company Profile
15.2.2 Main Business and AI in Oncology Information
15.2.3 SWOT Analysis of Tempus Labs
15.2.4 Tempus Labs AI in Oncology Revenue, Gross Margin and Market Share (2021-2026)
15.3 Inc.
15.3.1 Company Profile
15.3.2 Main Business and AI in Oncology Information
15.3.3 SWOT Analysis of Inc.
15.3.4 Inc. AI in Oncology Revenue, Gross Margin and Market Share (2021-2026)
15.4 PathAI
15.4.1 Company Profile
15.4.2 Main Business and AI in Oncology Information
15.4.3 SWOT Analysis of PathAI
15.4.4 PathAI AI in Oncology Revenue, Gross Margin and Market Share (2021-2026)
15.5 Inc.
15.5.1 Company Profile
15.5.2 Main Business and AI in Oncology Information
15.5.3 SWOT Analysis of Inc.
15.5.4 Inc. AI in Oncology Revenue, Gross Margin and Market Share (2021-2026)
15.6 Paige.AI
15.6.1 Company Profile
15.6.2 Main Business and AI in Oncology Information
15.6.3 SWOT Analysis of Paige.AI
15.6.4 Paige.AI AI in Oncology Revenue, Gross Margin and Market Share (2021-2026)
15.7 Flatiron Health
15.7.1 Company Profile
15.7.2 Main Business and AI in Oncology Information
15.7.3 SWOT Analysis of Flatiron Health
15.7.4 Flatiron Health AI in Oncology Revenue, Gross Margin and Market Share (2021-2026)
15.8 Oncora Medical
15.8.1 Company Profile
15.8.2 Main Business and AI in Oncology Information
15.8.3 SWOT Analysis of Oncora Medical
15.8.4 Oncora Medical AI in Oncology Revenue, Gross Margin and Market Share (2021-2026)
15.9 DeepHealth
15.9.1 Company Profile
15.9.2 Main Business and AI in Oncology Information
15.9.3 SWOT Analysis of DeepHealth
15.9.4 DeepHealth AI in Oncology Revenue, Gross Margin and Market Share (2021-2026)
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Tables and Figures
Table Abbreviation and Acronyms
Table Research Scope of AI in Oncology Report
Table Data Sources of AI in Oncology Report
Table Major Assumptions of AI in Oncology Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure AI in Oncology Picture
Table AI in Oncology Classification
Table AI in Oncology Applications
Table Drivers of AI in Oncology Market
Table Restraints of AI in Oncology Market
Table Opportunities of AI in Oncology Market
Table Threats of AI in Oncology Market
Table Raw Materials Suppliers
Table Different Production Methods of AI in Oncology
Table Cost Structure Analysis of AI in Oncology
Table Key End Users
Table Latest News of AI in Oncology Market
Table Merger and Acquisition
Table Planned/Future Project of AI in Oncology Market
Table Policy of AI in Oncology Market
Table 2021-2031 North America AI in Oncology Market Size
Figure 2021-2031 North America AI in Oncology Market Size and CAGR
Table 2021-2031 North America AI in Oncology Market Size by Application
Table 2021-2026 North America AI in Oncology Key Players Revenue
Table 2021-2026 North America AI in Oncology Key Players Market Share
Table 2021-2031 North America AI in Oncology Market Size by Type
Table 2021-2031 United States AI in Oncology Market Size
Table 2021-2031 Canada AI in Oncology Market Size
Table 2021-2031 Mexico AI in Oncology Market Size
Table 2021-2031 South America AI in Oncology Market Size
Figure 2021-2031 South America AI in Oncology Market Size and CAGR
Table 2021-2031 South America AI in Oncology Market Size by Application
Table 2021-2026 South America AI in Oncology Key Players Revenue
Table 2021-2026 South America AI in Oncology Key Players Market Share
Table 2021-2031 South America AI in Oncology Market Size by Type
Table 2021-2031 Asia & Pacific AI in Oncology Market Size
Figure 2021-2031 Asia & Pacific AI in Oncology Market Size and CAGR
Table 2021-2031 Asia & Pacific AI in Oncology Market Size by Application
Table 2021-2026 Asia & Pacific AI in Oncology Key Players Revenue
Table 2021-2026 Asia & Pacific AI in Oncology Key Players Market Share
Table 2021-2031 Asia & Pacific AI in Oncology Market Size by Type
Table 2021-2031 China AI in Oncology Market Size
Table 2021-2031 India AI in Oncology Market Size
Table 2021-2031 Japan AI in Oncology Market Size
Table 2021-2031 South Korea AI in Oncology Market Size
Table 2021-2031 Southeast Asia AI in Oncology Market Size
Table 2021-2031 Australia & New Zealand AI in Oncology Market Size
Table 2021-2031 Europe AI in Oncology Market Size
Figure 2021-2031 Europe AI in Oncology Market Size and CAGR
Table 2021-2031 Europe AI in Oncology Market Size by Application
Table 2021-2026 Europe AI in Oncology Key Players Revenue
Table 2021-2026 Europe AI in Oncology Key Players Market Share
Table 2021-2031 Europe AI in Oncology Market Size by Type
Table 2021-2031 Germany AI in Oncology Market Size
Table 2021-2031 France AI in Oncology Market Size
Table 2021-2031 United Kingdom AI in Oncology Market Size
Table 2021-2031 Italy AI in Oncology Market Size
Table 2021-2031 Spain AI in Oncology Market Size
Table 2021-2031 Belgium AI in Oncology Market Size
Table 2021-2031 Netherlands AI in Oncology Market Size
Table 2021-2031 Austria AI in Oncology Market Size
Table 2021-2031 Poland AI in Oncology Market Size
Table 2021-2031 Northern Europe AI in Oncology Market Size
Table 2021-2031 MEA AI in Oncology Market Size
Figure 2021-2031 MEA AI in Oncology Market Size and CAGR
Table 2021-2031 MEA AI in Oncology Market Size by Application
Table 2021-2026 MEA AI in Oncology Key Players Revenue
Table 2021-2026 MEA AI in Oncology Key Players Market Share
Table 2021-2031 MEA AI in Oncology Market Size by Type
Table 2021-2026 Global AI in Oncology Market Size by Region
Table 2021-2026 Global AI in Oncology Market Size Share by Region
Table 2021-2026 Global AI in Oncology Market Size by Application
Table 2021-2026 Global AI in Oncology Market Share by Application
Table 2021-2026 Global AI in Oncology Key Vendors Revenue
Figure 2021-2026 Global AI in Oncology Market Size and Growth Rate
Table 2021-2026 Global AI in Oncology Key Vendors Market Share
Table 2021-2026 Global AI in Oncology Market Size by Type
Table 2021-2026 Global AI in Oncology Market Share by Type
Table 2026-2031 Global AI in Oncology Market Size by Region
Table 2026-2031 Global AI in Oncology Market Size Share by Region
Table 2026-2031 Global AI in Oncology Market Size by Application
Table 2026-2031 Global AI in Oncology Market Share by Application
Table 2026-2031 Global AI in Oncology Key Vendors Revenue
Figure 2026-2031 Global AI in Oncology Market Size and Growth Rate
Table 2026-2031 Global AI in Oncology Key Vendors Market Share
Table 2026-2031 Global AI in Oncology Market Size by Type
Table 2026-2031 AI in Oncology Global Market Share by Type
Table IBM Corporation Information
Table SWOT Analysis of IBM Corporation
Table 2021-2026 IBM Corporation AI in Oncology Revenue Gross Profit Margin
Figure 2021-2026 IBM Corporation AI in Oncology Revenue and Growth Rate
Figure 2021-2026 IBM Corporation AI in Oncology Market Share
Table Tempus Labs Information
Table SWOT Analysis of Tempus Labs
Table 2021-2026 Tempus Labs AI in Oncology Revenue Gross Profit Margin
Figure 2021-2026 Tempus Labs AI in Oncology Revenue and Growth Rate
Figure 2021-2026 Tempus Labs AI in Oncology Market Share
Table Inc. Information
Table SWOT Analysis of Inc.
Table 2021-2026 Inc. AI in Oncology Revenue Gross Profit Margin
Figure 2021-2026 Inc. AI in Oncology Revenue and Growth Rate
Figure 2021-2026 Inc. AI in Oncology Market Share
Table PathAI Information
Table SWOT Analysis of PathAI
Table 2021-2026 PathAI AI in Oncology Revenue Gross Profit Margin
Figure 2021-2026 PathAI AI in Oncology Revenue and Growth Rate
Figure 2021-2026 PathAI AI in Oncology Market Share
Table Inc. Information
Table SWOT Analysis of Inc.
Table 2021-2026 Inc. AI in Oncology Revenue Gross Profit Margin
Figure 2021-2026 Inc. AI in Oncology Revenue and Growth Rate
Figure 2021-2026 Inc. AI in Oncology Market Share
Table Paige.AI Information
Table SWOT Analysis of Paige.AI
Table 2021-2026 Paige.AI AI in Oncology Revenue Gross Profit Margin
Figure 2021-2026 Paige.AI AI in Oncology Revenue and Growth Rate
Figure 2021-2026 Paige.AI AI in Oncology Market Share
Table Flatiron Health Information
Table SWOT Analysis of Flatiron Health
Table 2021-2026 Flatiron Health AI in Oncology Revenue Gross Profit Margin
Figure 2021-2026 Flatiron Health AI in Oncology Revenue and Growth Rate
Figure 2021-2026 Flatiron Health AI in Oncology Market Share
Table Oncora Medical Information
Table SWOT Analysis of Oncora Medical
Table 2021-2026 Oncora Medical AI in Oncology Revenue Gross Profit Margin
Figure 2021-2026 Oncora Medical AI in Oncology Revenue and Growth Rate
Figure 2021-2026 Oncora Medical AI in Oncology Market Share
Table DeepHealth Information
Table SWOT Analysis of DeepHealth
Table 2021-2026 DeepHealth AI in Oncology Revenue Gross Profit Margin
Figure 2021-2026 DeepHealth AI in Oncology Revenue and Growth Rate
Figure 2021-2026 DeepHealth AI in Oncology Market Share
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