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PUBLISHER: IMARC | PRODUCT CODE: 1520515

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PUBLISHER: IMARC | PRODUCT CODE: 1520515

Healthcare Cognitive Computing Market Report by Technology, Deployment Mode, End Use, and Region 2024-2032

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The global healthcare cognitive computing market size reached US$ 5.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 21.4 Billion by 2032, exhibiting a growth rate (CAGR) of 16.8% during 2024-2032.

Cognitive computing is a self-learning system that relies on data mining techniques, pattern recognition, natural languages, human sense processing, and system refinements to simulate the human thought process. It processes enormous amounts of data to answer specific queries, gives customized intelligent recommendations and supports decision making. It analyzes emerging patterns, spots business opportunities and handles critical process-centric issues in real-time. It also enhances customer interactions by providing relevant, contextual and valuable information. At present, cognitive computing is extensively utilized in the healthcare sector to treat patients using past data and recognize any health-related issues.

Healthcare Cognitive Computing Market Trends:

The growing prevalence of chronic diseases across the globe represents one of the key factors driving the market. Moreover, there is a rise in the demand for gene-specific treatment to eliminate cancer cells without damaging healthy tissues. This, along with advancements in the healthcare industry around the world, is propelling the growth of the market. In addition, there is an increase in the use of third computing platforms to facilitate better patient care. This, coupled with the escalating demand for personalized treatments in oncology, is offering lucrative growth opportunities to industry investors. Besides this, healthcare cognitive computing finds application in customized medicine, melanoma screening, and electronic health record (EHR) data analysis. Additionally, the increasing cost of drug discovery and clinical trials worldwide are catalyzing the demand for healthcare cognitive computing. Apart from this, governing authorities of several countries are undertaking initiatives to promote the usage of e-health technologies, which is positively influencing the market. Furthermore, key market players are focusing on mergers and acquisitions (M&A), which is projected to bolster their overall profitability.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global healthcare cognitive computing market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on technology, deployment mode and end use.

Breakup by Technology:

Natural Language Processing

Machine Learning

Automated Reasoning

Others

Breakup by Deployment Mode:

On-premises

Cloud-based

Breakup by End Use:

Hospitals

Pharmaceuticals

Medical Devices

Insurance

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Apixio (Centene Corporation), Apple Inc., CognitiveScale, Enterra Solutions LLC, Google LLC (Alphabet Inc.), Healthcare X.0 GmbH, Intel Corporation, International Business Machines Corporation, MedWhat and Microsoft Corporation.

Key Questions Answered in This Report

  • 1. What was the size of the global healthcare cognitive computing market in 2023?
  • 2. What is the expected growth rate of the global healthcare cognitive computing market during 2024-2032?
  • 3. What has been the impact of COVID-19 on the global healthcare cognitive computing market?
  • 4. What are the key factors driving the global healthcare cognitive computing market?
  • 5. What is the breakup of the global healthcare cognitive computing market based on the technology?
  • 6. What is the breakup of the global healthcare cognitive computing market based on the deployment mode?
  • 7. What is the breakup of the global healthcare cognitive computing market based on end use?
  • 8. What are the key regions in the global healthcare cognitive computing market?
  • 9. Who are the key players/companies in the global healthcare cognitive computing market?
Product Code: SR112024A5148

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Healthcare Cognitive Computing Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Technology

  • 6.1 Natural Language Processing
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Machine Learning
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Automated Reasoning
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Deployment Mode

  • 7.1 On-premises
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Cloud-based
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by End Use

  • 8.1 Hospitals
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Pharmaceuticals
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Medical Devices
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Insurance
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Apixio (Centene Corporation)
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 Apple Inc.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 CognitiveScale
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Enterra Solutions LLC
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Google LLC (Alphabet Inc.)
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 SWOT Analysis
    • 14.3.6 Healthcare X.0 GmbH
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Intel Corporation
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
      • 14.3.7.4 SWOT Analysis
    • 14.3.8 International Business Machines Corporation
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 MedWhat
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Microsoft Corporation
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
Product Code: SR112024A5148

List of Figures

  • Figure 1: Global: Healthcare Cognitive Computing Market: Major Drivers and Challenges
  • Figure 2: Global: Healthcare Cognitive Computing Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Healthcare Cognitive Computing Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Healthcare Cognitive Computing Market: Breakup by Technology (in %), 2023
  • Figure 5: Global: Healthcare Cognitive Computing Market: Breakup by Deployment Mode (in %), 2023
  • Figure 6: Global: Healthcare Cognitive Computing Market: Breakup by End Use (in %), 2023
  • Figure 7: Global: Healthcare Cognitive Computing Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Healthcare Cognitive Computing (Natural Language Processing) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Healthcare Cognitive Computing (Natural Language Processing) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Healthcare Cognitive Computing (Machine Learning) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Healthcare Cognitive Computing (Machine Learning) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Healthcare Cognitive Computing (Automated Reasoning) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Healthcare Cognitive Computing (Automated Reasoning) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Healthcare Cognitive Computing (Other Technologies) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Healthcare Cognitive Computing (Other Technologies) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Healthcare Cognitive Computing (On-premises) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Healthcare Cognitive Computing (On-premises) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Healthcare Cognitive Computing (Cloud-based) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Healthcare Cognitive Computing (Cloud-based) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Healthcare Cognitive Computing (Hospitals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Healthcare Cognitive Computing (Hospitals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Healthcare Cognitive Computing (Pharmaceuticals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Healthcare Cognitive Computing (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Healthcare Cognitive Computing (Medical Devices) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Healthcare Cognitive Computing (Medical Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Healthcare Cognitive Computing (Insurance) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Healthcare Cognitive Computing (Insurance) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Healthcare Cognitive Computing (Other End Uses) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Healthcare Cognitive Computing (Other End Uses) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: North America: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: North America: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: United States: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: United States: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Canada: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Canada: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Asia-Pacific: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Asia-Pacific: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: China: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: China: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Japan: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Japan: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: India: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: India: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: South Korea: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: South Korea: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Australia: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Australia: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: Indonesia: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: Indonesia: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Others: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Others: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Europe: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Europe: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: Germany: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: Germany: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: France: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: France: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: United Kingdom: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: United Kingdom: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Italy: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Italy: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Spain: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Spain: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Russia: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Russia: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Others: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Others: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Latin America: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Latin America: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Brazil: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Brazil: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Mexico: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Mexico: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Others: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Others: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Middle East and Africa: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 77: Middle East and Africa: Healthcare Cognitive Computing Market: Breakup by Country (in %), 2023
  • Figure 78: Middle East and Africa: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Global: Healthcare Cognitive Computing Industry: SWOT Analysis
  • Figure 80: Global: Healthcare Cognitive Computing Industry: Value Chain Analysis
  • Figure 81: Global: Healthcare Cognitive Computing Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Healthcare Cognitive Computing Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Healthcare Cognitive Computing Market Forecast: Breakup by Technology (in Million US$), 2024-2032
  • Table 3: Global: Healthcare Cognitive Computing Market Forecast: Breakup by Deployment Mode (in Million US$), 2024-2032
  • Table 4: Global: Healthcare Cognitive Computing Market Forecast: Breakup by End Use (in Million US$), 2024-2032
  • Table 5: Global: Healthcare Cognitive Computing Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Healthcare Cognitive Computing Market: Competitive Structure
  • Table 7: Global: Healthcare Cognitive Computing Market: Key Players
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