AI in cancer care set to become big business

31 December 2024

The market for artificial intelligence (AI) in cancer care is projected to grow from $2.2 billion in 2024 to $6.3 billion by 2029, reflecting a growth rate of 23.1%, according to a recent study by BCC Research.

The expansion is driven by the increasing global incidence of cancer and the adoption of AI in drug discovery, which researchers believe could significantly speed up the development of new meds.

AI-powered techniques are also being explored as a way to secure both earlier detection and more personalized treatment plans.

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