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US AI In Oncology Market Share, Trends, and Growth Forecast 2026 to 2035

According to Payal Rabde, who specializes in the repair, calibration, preventive maintenance, and servicing of ultrasonic aspiration systems used in surgical procedures to ensure optimal equipment performance, safety, and regulatory compliance, with 4+ years of experience in market research and industry analysis, extensive research indicates strong growth opportunities in the U.S. AI in oncology market. The global U.S. AI in oncology market size was estimated at USD 720.04 million in 2025 and is predicted to increase from USD 921.29 million in 2026 to approximately USD 8467.58 million by 2035, expanding at a CAGR of 27.95% from 2026 to 2035. Her analysis highlights the increasing adoption of minimally invasive and neurosurgical procedures, increasing use of ultrasonic aspiration systems in complex surgical interventions, growing demand for preventive maintenance to ensure uninterrupted surgical workflows, expanding installation of advanced surgical equipment across healthcare facilities, and increasing focus on equipment reliability, patient safety, and regulatory compliance. The research also examines the competitive strategies of key industry participants, including GE HealthCare, Siemens Healthineers AG, NVIDIA Corporation, PathAI, Inc., ConcertAI, Paige AI, Viz.ai, and Owkin, shaping the future by integrating AI-enabled predictive maintenance and remote equipment monitoring, advancing smart diagnostics and automated servicing technologies, improving equipment uptime and extending device lifespan through predictive analytics, enabling IoT-connected maintenance solutions for surgical systems, and enhancing service efficiency with digital diagnostics and cloud-based maintenance platforms in the global U.S. AI in oncology market.

Last Updated : 23 July 2026 Category: Therapeutic Area Insight Code: 6707 Format: PDF / PPT / Excel
Revenue, 2025
USD 720.04 Million
Forecast, 2035
USD 8467.58 Million
CAGR, 2026-2035
27.95%
Report Coverage
United States

U.S. AI in Oncology Market Key Takeaways

U.S. AI in Oncology Market Key Highlights

  • The U.S. AI in oncology market will likely exceed USD 921.29 million by 2026.
  • Valuation is projected to hit USD 8467.58 million by 2035.
  • Estimated to grow at a CAGR of 27.95% starting from 2026 to 2035.
  • AI in oncology is projected to grow from US$ 1.95 billion 2024 to US$ 25.02 billion by 2034, at a 29.36% CAGR.
  • By component, the software solutions segment dominated the market in 2025 with approximately 64.0% share.
  • By component, the services segment is expected to grow at the fastest CAGR in the market during the forecast period.
  • By cancer type, the breast cancer segment dominated with approximately 41% share in 2025.
  • By cancer type, the lung cancer segment is expected to grow at the fastest CAGR in the market during the forecast period.
  • By application, the diagnostics segment dominated the U.S. AI in oncology market in 2025 with approximately 38.0% share.
  • By application, the drug discovery & research segment is expected to grow at the fastest CAGR in the market during the forecast period.
  • By end-user, the hospitals segment dominated the market in 2025 with approximately 49% share.
  • By end-user, the diagnostic centers segment is expected to grow at the fastest CAGR in the market during the forecast period.

The U.S. AI in oncology market size was estimated at USD 720.04 million in 2025 and is predicted to increase from USD 921.29 million in 2026 to approximately USD 8467.58 billion by 2035, expanding at a CAGR of 27.95% from 2026 to 2035.

U.S. AI in Oncology Market, Size is USD 921.29 Million in 2026.

The U.S. AI in oncology market is increasing as AI-driven technology supports doctors in making precise treatment decisions, lowers unnecessary surgeries, and helps oncologists enhance patients' cancer treatment plans.

What Factors Support the Growth of AI in Oncology in the U.S.?

The U.S. AI in oncology market is growing because AI-based technology rapidly understands how cancer cells become resistant to anticancer drugs, which helps enhance drug development and adjust drug applications. AI-based technology improves the identification of cancer neoantigens and the effectiveness of tumor immunotherapy. AI-based technology manages the use of chemotherapy medicines and predicts the tolerance of chemotherapy drugs to optimize the chemotherapy regimen. AI-driven technology focuses more on the response between drugs and patients. The use of AI in cancer radiotherapy majorly includes the cancer target region, the delineation of organs at risk, and the automatic formulation of a radiotherapy plan. AI-based technology could speed up the discovery of novel materials, a shift that could dramatically accelerate the advancement of anticancer drugs.

Gradual developments in AI solutions in the United States are aiming at a shift towards in silico (computer-simulated) modeling, which spurs the expansion of biologics, monoclonal antibodies, & therapies like Antibody-Drug Conjugates (ADCs). Many leaders, such as Friends of Cancer Research, are actively coordinating digital pathology tools to ensure clinical consistency across emerging platforms. Existing key companies, including Moderna and Merck, are in late-stage clinical trials leveraging AI algorithms to map and develop tailored mRNA cancer vaccines personalized to an individual’s unique tumor mutations.

U.S. AI in Oncology Market Revolutionizing Precision Cancer Care

U.S. AI in oncology refers to the application of artificial intelligence technologies, including machine learning, deep learning, and predictive analytics, to improve cancer detection, diagnosis, treatment planning, drug discovery, and patient monitoring. The market is expanding due to the increasing cancer burden, growing adoption of precision medicine, and rising demand for data-driven clinical decision support. Technological advancements such as AI-powered medical imaging, digital pathology, genomic analysis, and cloud-based oncology platforms are transforming cancer care. Key trends include integration of AI with electronic health records, real-world evidence, and multi-omics data to enhance personalized treatment strategies. Future opportunities are driven by AI-enabled clinical trials, predictive oncology, and autonomous diagnostic solutions. Strong investments in healthcare AI, supportive regulatory initiatives, and collaborations between technology companies and cancer centers continue to accelerate market growth.

Applications of AI in Healthcare

Applications of AI in Healthcare

Major Applications Percentages
Healthcare Analytics 26%
Telehealth 19% 
Medical Diagnostics 22%
Medical Robots 8%
Hospital Management 7%
Clinical Support Decision 6%
Other 12%

Future Outlook & Trends in the U.S. AI in Oncology Market

Advanced Diagnostics:

AI-based imaging diagnostics using a range of modalities like computed tomography, positron emission tomography, magnetic resonance imaging, ultrasound, and digital pathology, highlighting the growing role of advanced technology in identifying early-stage cancers.

Precision Medicine:

Precision medicine is a new strategy for tailoring disease prevention and treatment. It makes it possible for doctors and researchers to more accurately predict which treatments are more likely to work for a patient, considering the patient's genetic and molecular make-up, lifestyle, and environment.

Digital Twins in Oncology:

Digital twin technology holds considerable promise for advancing precision oncology via predictive, personalised, and adaptive care policies. It improves and elevates research and discovery of novel drugs and treatments while deepening the understanding of diseases.

Key Indicators and Highlights

Table Scope
Market Size in 2026 USD 921.29 Million
Projected Market Size in 2035 USD 8467.58 Million
CAGR (2026 - 2035) 27.95%
Key Applications AI-powered cancer diagnostics, digital pathology, radiology analysis, precision oncology, drug discovery, clinical trials optimization, radiation therapy planning, treatment prediction
Primary End Users Hospitals, cancer centers, diagnostic laboratories, pharmaceutical companies, biotechnology companies, research institutions
Key Growth Drivers Increasing cancer burden, demand for early diagnosis, adoption of precision medicine, AI-enabled imaging, oncology data analytics, personalized treatment approaches, drug discovery acceleration
Measurable Values USD Millions/Units/Volume
Market Segmentation By Component, By Cancer Type, By Therapeutic Area, By End-User
Top Key Players GE HealthCare, Siemens Healthineers AG, NVIDIA Corporation, IBM, Tempus Labs, Inc., Concert AI, PathAI, Inc.

Segmentation Analysis

By Component Insights

Segments Shares %
Software Solutions 64%
Hardware 22%
Services 14%

Which Component Led the U.S. AI in the Oncology Market in 2025?

In 2025, the software solutions segment held the dominant U.S. AI in oncology market share with approximately 64.0% share in 2025, due to software solutions such as the major software-based oncology platform, offering significant advantages in providing documented and effective. Advanced patient engagement software transforms oncology care by connecting the gaps between appointments, improving the patient experience, and streamlining medical care workflows.

Services

Whereas the services segment is the fastest-growing in the market, as AI-based technology allows earlier and more precise diagnosis by identifying subtle irregularities in radiology, pathology, and liquid biopsy data that elude conventional valuation. Integrating multi-omics, healthcare, and imaging datasets, AI-based technology supports highly targeted treatment planning, expects therapeutic responses, and guides the selection of specific agents and immunotherapies.

By Cancer Type Insights

Segments Shares %
Breast Cancer 41%
Lung Cancer 24%
Prostate Cancer 14%
Colorectal Cancer 12%
Brain Tumors & Others 9%

Why did Breast Cancer, the Pharmaceutical Companies Segment Dominate the Market in 2025?

The breast cancer segment is dominant in the U.S. AI in oncology market in 2025, with approximately 41% share in 2025, as AI-based technology has the potential to enhance breast cancer screening by increasing precision and lowering radiologist workload.  Significant AI-based technology has effectively identified breast cancer that physicians missed and tissue features that predict future cancers. AI-based software systematizes the interpretation of breast mammograms, ultrasounds, and MRI scans to get patients their outputs faster.

Lung Cancer

Whereas the lung cancer segment is estimated to be the fastest-growing in the market, as AI-based technology applications in lung cancer significantly focus on lung nodule identification, diagnosis, and radiotherapy planning, with all these algorithms being imaging-based. AI-based research in lung cancer offers promising prospects for automated and precise management. AI-based technology is emerging rapidly, with the definitive objective being the advancement of a comprehensive model, called generalist AI-base capable of analyzing multi-modal data and tackling a wide range of tasks.

By Application Insights

Segments Shares %
Diagnostics 38%
Drug Discovery & Research 27%
Chemotherapy & Immunotherapy 20%
Radiation Therapy 15%

Why did the Diagnostics Segment Dominate the Market in 2025?

The diagnostics segment is dominant in the U.S. AI in oncology market with approximately 38.0% share in 2025, as diagnostic technology in oncology provides early identification with high precision, increase effectiveness of care, and is scalable in the health care systems. With the promise of rapid, more precise diagnoses, AI-based technology is transforming how clinicians detect, diagnose, and manage cancer. AI-based technology has become a significant tool in revolutionising cancer diagnosis and treatment because of its capacity to spot minute patterns and irregularities in healthcare data.

Drug Discovery & Research

Whereas the drug discovery & research segment is the fastest-growing in the market, as AI-based technology in drug discovery speeds up target identification, enhances clinical trials, lowers expenses, and allows targeted medicine.  AI has allowed groundbreaking developments in molecular modeling, simulation processes, and the identification of new compounds. AI-driven drug discovery lowers research and development expenses by up to 40%.

By End-User Insights

Segments Shares %
Hospitals 49%
Diagnostic Centers 31%
Pharmaceutical & Biotech Companies 20%

Why did the Hospitals Segment Dominate the Market in 2025?

The hospitals segment is dominant in the U.S. AI in oncology market with approximately 49% share in 2025, as AI-based technology in oncology provides early identifications with high precision, rise effectiveness of care, and is scalable in the healthcare systems. Two cancer types that have helped from automated diagnosis with AI-based technology are skin and breast cancers. AI's capacity to identify patterns and aberrations that escape human care in the hospital.

Diagnostic Centers

Whereas the diagnostic centers segment is the fastest-growing in the market, as AI-based technology becomes a significant tool in revolutionising cancer diagnosis and treatment due to its capacity to spot minute patterns and irregularities in medical data. AI-based tools that are integrated into diagnostic center workflows in oncology clinics analyse medical records and supports physician make more up-to-date decisions.

Global AI In Oncology Market Growth

The global AI in oncology market size is estimated at US$ 1.95 billion in 2024 and is projected to grow to US$ 2.52 billion in 2025, reaching around US$ 25.02 billion by 2034. The market is projected to expand at a CAGR of 29.36% between 2025 and 2034.

AI In Oncology Market Size 2024 to 2034

U.S. leads the AI In Oncology Market Through Innovation and Precision Medicine

The U.S. leads the AI in oncology market due to its advanced healthcare infrastructure, strong presence of leading AI and biotechnology companies, and substantial investments in cancer research. Widespread adoption of precision medicine, extensive electronic health record (EHR) integration, supportive FDA regulatory pathways for AI-enabled medical technologies, and increasing collaborations between healthcare providers and technology firms are accelerating innovation. High cancer prevalence and robust R&D funding further strengthens the country’s market leadership.

Market Ecosystem Analysis

Category Market Participants & Role
Technology Providers AI infrastructure and computing companies providing machine learning platforms, GPUs, cloud AI capabilities, and healthcare AI development tools.
Product Manufacturers Medical imaging and healthcare technology companies integrating AI into oncology diagnostics, radiation therapy, and clinical systems.
Service Providers Companies offering AI-based oncology analytics, clinical decision support, workflow optimization, and implementation services.
Platform Providers Oncology-focused AI platforms supporting precision medicine, clinical trials, pathology analysis, and patient data interpretation.
CROs / Clinical Research Technology Providers AI-enabled clinical trial platforms supporting patient matching, trial acceleration, and oncology research analytics.
Software Vendors Companies developing AI software for pathology, imaging, genomic analysis, and oncology decision support.
Research Institutions Cancer research centers, academic hospitals, and biotechnology research organizations using AI for oncology innovation.
End-User Industries Hospitals, diagnostic centers, pharmaceutical companies, biotechnology firms, and healthcare providers.

Latest Updates of Key Players in the U.S. AI in Oncology Market

U.S. AI in Oncology Market, Companies are GE HealthCare, Siemens Healthineers AG, NVIDIA Corporation, IBM, Tempus Labs, Inc.

Market Share Influence Assessment

  Tier 1 Tier 2 Tier 3
Typical Market Influence 55% 30% 15%

Competitive Landscape

Tier 1
Company Name Headquarters Country Why Relevant to This Market Key Products/Services
GE HealthCare Chicago, Illinois, United States USA Global healthcare technology leader with significant AI adoption in oncology imaging and clinical workflows. AI-enabled imaging solutions, oncology workflow optimization, radiation therapy AI solutions
Siemens Healthineers AG Erlangen, Germany Germany Major medical technology company providing AI-driven imaging and oncology solutions globally. AI-Rad Companion, imaging AI, cancer diagnosis support, radiation oncology solutions
NVIDIA Corporation Santa Clara, California, United States USA Key AI infrastructure provider powering healthcare AI applications, including oncology research and medical imaging. NVIDIA Clara healthcare AI platform, AI computing infrastructure, medical AI development tools
Tier 2
Company Name Headquarters Country Why Relevant to This Market Key Products/Services
PathAI, Inc. Boston, Massachusetts, United States USA Specialized AI pathology company supporting cancer diagnosis and research workflows. AISight platform, AI pathology solutions, biomarker analysis
ConcertAI Cambridge, Massachusetts, United States USA Oncology-focused technology company using AI and real-world data for clinical research acceleration. CARAai platform, clinical trial analytics, oncology data solutions
Paige AI New York, New York, United States USA Digital pathology AI company focused on cancer detection and pathology decision support. Paige Platform, AI-powered pathology diagnostics
Tier 3
Company Name Headquarters Country Why Relevant to This Market Key Products/Services
Viz.ai San Francisco, California, United States USA AI healthcare company expanding clinical decision support applications including oncology-related workflows. AI clinical workflow platform, disease detection algorithms
Owkin Paris, France France AI biotechnology company applying machine learning to drug discovery and oncology research. AI drug discovery, oncology research models, precision medicine
Insilico Medicine New York, New York, United States USA AI-driven drug discovery company with oncology research applications. AI drug discovery platform, generative AI for therapeutics

SWOT Analysis

Strengths

  • Diagnostic AI-driven technology in oncology offers early detection with high precision, increase effectiveness of care, and is scalable in the health systems.
  • AI-based system plays a significant role in cancer treatment planning, specifically by offering an additional layer of insight or authorizing existing decisions.

Weaknesses

  • AI algorithms are complex and difficult to interpret, making it complex to understand how they arrive at their decisions.
  • The applications of AI-based in Medicare increase ethical questions, such as the potential for job displacement and the influence on patient–physician relationships.

Opportunities

  • Recent developments in AI-based applications in cancer research, focusing on early identification via computer-driven diagnosis, modified treatment strategies, and drug discovery.
  • Computer-aided diagnosis (CAD) systems have shown noteworthy promise in cancer diagnosis, specifically in the detection, classification, and monitoring of cancer.

Threat

  • Patient data security is a significant challenge. AI systems require wide amounts of sensitive data, raising challenges about data breaches and misuse.

Latest Announcement by Leader

  • In July 2026, ThinkBio.Ai announced a co-development and know-how license agreement with Cleveland Clinic to together evolve, validate, and expand AI-powered Point-of-Care Oncology Solutions. Pradeep Palazhi, Founder and CEO of ThinkBio.Ai, commented that We are pleased to collaborate with Cleveland Clinic, one of the world’s leading healthcare organizations, to advance the future of AI-enabled oncology care. This agreement represents an important step in our commitment to building trusted partnerships with leading healthcare institutions, translating AI into tangible patient impact, and expanding our healthcare footprint across the United States.

Recent Developments in the U.S. AI in Oncology Market

  • In February 2026, PathAI announced the strategic expansion of its support of inflammatory bowel disease clinical trials on the AISight Clinical Trials Platform with the launch of IBDExplore to join AIM-HI UC.
  • In January 2026, 10x Genomics, Inc., a leader in single-cell and spatial biology, today announced a collaboration with the Cancer Research Institute (CRI) to advance the frontiers of immuno-oncology through high-resolution molecular data and AI.
  • In January 2026, the Mount Sinai Tisch Cancer Center (TCC) launched a novel artificial intelligence (AI) platform to help connect more cancer patients across the Mount Sinai Health System to life-saving clinical trials.
  • In January 2026, Modella AI announced that it had been acquired by AstraZeneca, expanding the companies’ existing collaboration to advance the application of multi-modal AI foundation models and AI agents across AstraZeneca’s global oncology portfolio.

Segments Covered in the Report

By Component

  • Software Solutions
  • Hardware
  • Services

By Cancer Type

  • Breast Cancer
  • Lung Cancer
  • Prostate Cancer
  • Colorectal Cancer
  • Brain Tumors & Others

By Therapeutic Area

  • Diagnostics
  • Drug Discovery & Research
  • Radiation Therapy
  • Chemotherapy & Immunotherapy

By End-User

  • Hospitals
  • Diagnostic Centers
  • Pharmaceutical & Biotech Companies

FAQ's

Finding : The U.S. AI in oncology market is projected to grow from USD 921.29 million in 2026 to approximately USD 8,467.58 million by 2035, expanding at a 27.95% CAGR

Finding : Advanced imaging diagnostics, Digital twin technology, Precision medicine

Finding : GE HealthCare, Siemens Healthineers AG, NVIDIA Corporation, ConcertAI, IBM.

Tags

Meet the Team

Payal Rabde

Payal Rabde

Principal Consultant

Payal Rabde is a Healthcare Market Research Analyst at Towards Healthcare Research & Consulting with 4+ years of experience in pharmaceuticals, biotechnology, medical devices, and life sciences.

Learn more about Payal Rabde
Aditi Shivarkar

Aditi Shivarkar LinkedIn

Reviewed By

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi ensures the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar
US AI in Oncology Market
Updated Date: 23 July 2026   |   Report Code: 6707