PUBLISHER: KBV Research | PRODUCT CODE: 1563335
PUBLISHER: KBV Research | PRODUCT CODE: 1563335
North America Healthcare Cognitive Computing Market Size, Share & Trends Analysis Report By Deployment (Cloud and On-Premise), By Technology, By Country and Growth Forecast, 2024 - 2031
The North America Healthcare Cognitive Computing Market would witness market growth of 25.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Healthcare Cognitive Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $12,485.2 Million by 2031. The Canada market is exhibiting a CAGR of 28% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 27.1% during (2024 - 2031).
Healthcare cognitive computing leverages advanced technologies such as artificial intelligence (AI), machine learning (ML), natural language processing (NLP), and data analytics to transform various aspects of healthcare. Cognitive computing systems analyze medical images such as X-rays, MRIs, and CT scans to identify patterns and anomalies that human radiologists might miss. This leads to earlier and more accurate diagnoses of conditions like tumours, fractures, and neurological disorders. Cognitive computing can suggest possible diagnoses and recommend further tests by integrating data from patient records, symptoms, and medical history. This helps clinicians make more informed decisions, particularly in complex or rare cases.
Cognitive computing analyzes patient-specific data, including genetic information, lifestyle factors, and treatment responses, to recommend personalized treatment plans. This approach improves the efficacy of treatments and reduces adverse effects. In precision medicine, cognitive computing integrates data from genomics, proteomics, and patient health records to provide insights into the most effective therapies for individual patients, leading to customized and targeted treatment strategies.
Healthcare investments in Canada are fostering research and development in cognitive computing. Canadian research institutions and healthcare providers are investing in cognitive computing technologies to advance medical research and develop innovative solutions for healthcare challenges. The growth of healthcare investment in Canada encourages public-private partnerships focused on cognitive computing. Collaborations between government bodies, technology companies, and healthcare organizations drive the development and deployment of advanced cognitive solutions. Thus, the rising burden of chronic diseases and increasing investments in the healthcare sector in North America will lead to increased demand for healthcare cognitive computing in the region.
Based on Deployment, the market is segmented into Cloud and On-Premise. Based on Technology, the market is segmented into Natural Language Processing, Machine Learning, Automated Reasoning, and Information Retrieval. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Microsoft Corporation
- IBM Corporation
- NVIDIA Corporation
- Intel Corporation
- GE HealthCare Technologies, Inc.
- Medtronic PLC
- Oracle Corporation
- Google LLC
- Cisco Systems, Inc.
- Amazon Web Services, Inc.
North America Healthcare Cognitive Computing Market Report Segmentation
By Deployment
- Cloud
- On-Premise
By Technology
- Natural Language Processing
- Machine Learning
- Automated Reasoning
- Information Retrieval
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Healthcare Cognitive Computing Market, by Deployment
- 1.4.2 North America Healthcare Cognitive Computing Market, by Technology
- 1.4.3 North America Healthcare Cognitive Computing Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jul - 2024, Sep) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. North America Healthcare Cognitive Computing Market by Deployment
- 5.1 North America Cloud Market by Country
- 5.2 North America On-Premise Market by Country
Chapter 6. North America Healthcare Cognitive Computing Market by Technology
- 6.1 North America Natural Language Processing Market by Country
- 6.2 North America Machine Learning Market by Country
- 6.3 North America Automated Reasoning Market by Country
- 6.4 North America Information Retrieval Market by Country
Chapter 7. North America Healthcare Cognitive Computing Market by Country
- 7.1 US Healthcare Cognitive Computing Market
- 7.1.1 US Healthcare Cognitive Computing Market by Deployment
- 7.1.2 US Healthcare Cognitive Computing Market by Technology
- 7.2 Canada Healthcare Cognitive Computing Market
- 7.2.1 Canada Healthcare Cognitive Computing Market by Deployment
- 7.2.2 Canada Healthcare Cognitive Computing Market by Technology
- 7.3 Mexico Healthcare Cognitive Computing Market
- 7.3.1 Mexico Healthcare Cognitive Computing Market by Deployment
- 7.3.2 Mexico Healthcare Cognitive Computing Market by Technology
- 7.4 Rest of North America Healthcare Cognitive Computing Market
- 7.4.1 Rest of North America Healthcare Cognitive Computing Market by Deployment
- 7.4.2 Rest of North America Healthcare Cognitive Computing Market by Technology
Chapter 8. Company Profiles
- 8.1 Microsoft Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Partnerships, Collaborations, and Agreements:
- 8.1.5.2 Product Launches and Product Expansions:
- 8.1.6 SWOT Analysis
- 8.2 IBM Corporation
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Regional & Segmental Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Partnerships, Collaborations, and Agreements:
- 8.2.5.2 Product Launches and Product Expansions:
- 8.2.5.3 Acquisition and Mergers:
- 8.2.6 SWOT Analysis
- 8.3 GE HealthCare Technologies, Inc.
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.6 SWOT Analysis
- 8.4 Oracle Corporation
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 Recent strategies and developments:
- 8.4.5.1 Partnerships, Collaborations, and Agreements:
- 8.4.5.2 Acquisition and Mergers:
- 8.4.6 SWOT Analysis
- 8.5 Cisco Systems, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Partnerships, Collaborations, and Agreements:
- 8.5.5.2 Acquisition and Mergers:
- 8.5.6 SWOT Analysis
- 8.6 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental Analysis
- 8.6.4 Recent strategies and developments:
- 8.6.4.1 Partnerships, Collaborations, and Agreements:
- 8.6.5 SWOT Analysis
- 8.7 NVIDIA Corporation
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Partnerships, Collaborations, and Agreements:
- 8.7.5.2 Product Launches and Product Expansions:
- 8.7.6 SWOT Analysis
- 8.8 Intel Corporation
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 Recent strategies and developments:
- 8.8.5.1 Acquisition and Mergers:
- 8.8.6 SWOT Analysis
- 8.9 Medtronic PLC
- 8.9.1 Company overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 SWOT Analysis
- 8.10. Google LLC (Alphabet Inc.)
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expense
- 8.10.5 Recent strategies and developments:
- 8.10.5.1 Partnerships, Collaborations, and Agreements:
- 8.10.5.2 Product Launches and Product Expansions:
- 8.10.6 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Healthcare Cognitive Computing Market, 2020 - 2023, USD Million
- TABLE 2 North America Healthcare Cognitive Computing Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Healthcare Cognitive Computing Market
- TABLE 4 Product Launches And Product Expansions- Healthcare Cognitive Computing Market
- TABLE 5 Acquisition and Mergers- Healthcare Cognitive Computing Market
- TABLE 6 North America Healthcare Cognitive Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 7 North America Healthcare Cognitive Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 8 North America Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 9 North America Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 10 North America On-Premise Market by Country, 2020 - 2023, USD Million
- TABLE 11 North America On-Premise Market by Country, 2024 - 2031, USD Million
- TABLE 12 North America Healthcare Cognitive Computing Market by Technology, 2020 - 2023, USD Million
- TABLE 13 North America Healthcare Cognitive Computing Market by Technology, 2024 - 2031, USD Million
- TABLE 14 North America Natural Language Processing Market by Country, 2020 - 2023, USD Million
- TABLE 15 North America Natural Language Processing Market by Country, 2024 - 2031, USD Million
- TABLE 16 North America Machine Learning Market by Country, 2020 - 2023, USD Million
- TABLE 17 North America Machine Learning Market by Country, 2024 - 2031, USD Million
- TABLE 18 North America Automated Reasoning Market by Country, 2020 - 2023, USD Million
- TABLE 19 North America Automated Reasoning Market by Country, 2024 - 2031, USD Million
- TABLE 20 North America Information Retrieval Market by Country, 2020 - 2023, USD Million
- TABLE 21 North America Information Retrieval Market by Country, 2024 - 2031, USD Million
- TABLE 22 North America Healthcare Cognitive Computing Market by Country, 2020 - 2023, USD Million
- TABLE 23 North America Healthcare Cognitive Computing Market by Country, 2024 - 2031, USD Million
- TABLE 24 US Healthcare Cognitive Computing Market, 2020 - 2023, USD Million
- TABLE 25 US Healthcare Cognitive Computing Market, 2024 - 2031, USD Million
- TABLE 26 US Healthcare Cognitive Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 27 US Healthcare Cognitive Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 28 US Healthcare Cognitive Computing Market by Technology, 2020 - 2023, USD Million
- TABLE 29 US Healthcare Cognitive Computing Market by Technology, 2024 - 2031, USD Million
- TABLE 30 Canada Healthcare Cognitive Computing Market, 2020 - 2023, USD Million
- TABLE 31 Canada Healthcare Cognitive Computing Market, 2024 - 2031, USD Million
- TABLE 32 Canada Healthcare Cognitive Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 33 Canada Healthcare Cognitive Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 34 Canada Healthcare Cognitive Computing Market by Technology, 2020 - 2023, USD Million
- TABLE 35 Canada Healthcare Cognitive Computing Market by Technology, 2024 - 2031, USD Million
- TABLE 36 Mexico Healthcare Cognitive Computing Market, 2020 - 2023, USD Million
- TABLE 37 Mexico Healthcare Cognitive Computing Market, 2024 - 2031, USD Million
- TABLE 38 Mexico Healthcare Cognitive Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 39 Mexico Healthcare Cognitive Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 40 Mexico Healthcare Cognitive Computing Market by Technology, 2020 - 2023, USD Million
- TABLE 41 Mexico Healthcare Cognitive Computing Market by Technology, 2024 - 2031, USD Million
- TABLE 42 Rest of North America Healthcare Cognitive Computing Market, 2020 - 2023, USD Million
- TABLE 43 Rest of North America Healthcare Cognitive Computing Market, 2024 - 2031, USD Million
- TABLE 44 Rest of North America Healthcare Cognitive Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 45 Rest of North America Healthcare Cognitive Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 46 Rest of North America Healthcare Cognitive Computing Market by Technology, 2020 - 2023, USD Million
- TABLE 47 Rest of North America Healthcare Cognitive Computing Market by Technology, 2024 - 2031, USD Million
- TABLE 48 Key Information - Microsoft Corporation
- TABLE 49 Key Information - IBM Corporation
- TABLE 50 Key Information - GE HealthCare Technologies, Inc.
- TABLE 51 Key Information - Oracle Corporation
- TABLE 52 Key Information - Cisco Systems, Inc.
- TABLE 53 Key Information - Amazon Web Services, Inc.
- TABLE 54 Key Information - NVIDIA Corporation
- TABLE 55 Key Information - Intel Corporation
- TABLE 56 Key Information - Medtronic PLC
- TABLE 57 Key Information - Google LLC
