The AI in oncology market is estimated to grow from USD 1.7 billion in 2024 to reach USD 2.4 billion in 2025 and USD 9.1 billion by 2035, representing a higher CAGR of 14.1% during the forecast period. Further, more than 35 million new cancer cases are likely to be diagnosed by 2050. According to the International Agency for Cancer Researchers, the number of cancer-associated deaths is likely to increase by 72%, by 2030. In February 2025, Myriad Genetics signed a strategic partnership with PATHO...

The global agentic AI in healthcare market, valued at USD 0.80 billion in 2025, is projected to reach USD 1.17 billion in 2026 and USD 32.76 billion by 2035, with a CAGR of 44.9% during the forecast period 2026 to 2035. Driven by the increasing demand, several market players are undertaking initiatives to agent AI that are more proactive and efficient. In order to leverage competitive edge, the market players are leveraging partnerships and collaborations. For instance, in October 2025, IBM (US)...

Market players, such as Siemens Healthcare (Germany), GE Healthcare (US) and AliveCor (US) are undertaking strategic initiatives to strengthen their product portfolio. For instance, in January 2025, Philips (US) launched AI enabled CT 5300 at 23rd Asian Oceanian Congress of Radiology (ACOR) 2025. This revolutionary X-ray CT diagnosis system is equipped with advanced AI capabilities for diagnosis and screening diseases with higher accuracy. As more market players continue to innovate new AI techn...

The global AI in mental health market, valued at USD 1.23 billion in 2024, is projected to reach USD 1.81 billion in 2025 and USD 27.77 billion by 2035, representing a CAGR of 31.4% during the forecast period. Owing to the increasing adoption of AI technologies in mental health, several market players have shown active interest in this field to develop advanced artificial intelligence-based solutions for patients with mental health conditions.

The conversational AI market size is projected to grow from $12.82 billion in 2024 to $136.41 billion by 2035, representing a CAGR of 23.98% during the forecast period 2024-2035. The rise of AI-powered customer support services is significantly contributing to the growth of the conversational AI market. As customers increasingly expect fast, efficient and personalized experiences, companies are introducing ways to take their support channels beyond traditional call centers. This is further expec...

The multimodal AI market size is projected to grow from USD 2.36 billion in 2024 to USD 93.99 billion by 2035, representing a CAGR of 39.81%, during the forecast period till 2035. The rapid advancement of technological innovations and the increasing demand for sophisticated multimodal AI services is boosting the market outlook. Also, the ongoing industry trend indicates an increase focus on collaboration among technology firms to leverage their expertise in creating robust systems for multimodal...

The causal AI market size is projected to grow from USD 63.37 million in 2025 to USD 1,628.43 million by 2035, representing a CAGR of 38.35%, during the forecast period till 2035. The market for causal AI is experiencing substantial growth due to several driving factors. The rise of virtual assistants and chatbots that can engage in natural language interactions has spurred demand for causal AI applications. Additionally, the decreasing costs associated with hardware, cloud computing, and storag...

The global digital transformation market is expected to grow from USD 1,250 billion in 2026 to USD 11,890 billion by 2040, representing a higher CAGR of 17.46% during the forecast period. Considering the ongoing wave of using digital technologies across different industrial verticals, we believe that the digital transformation market will continue to grow at a steady pace. In order to meet the growing demand for digital transformative tools & technologies, various industrial leaders of this m...