PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1634620
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1634620
Healthcare Cognitive Computing Market Introduction and Overview
According to SPER Market Research, 'Global Healthcare Cognitive Computing Market Size- By Component, By Application, By End-User, By Deployment Model, By Technology - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Healthcare Cognitive Computing Market is predicted to reach 94.1 billion by 2033 with a CAGR of 27.21%.
Cognitive computing is a self-learning system that mimics human thought processes through data mining, pattern recognition, natural languages, human sensory processing, and system improvements. It provides personalized, intelligent recommendations, aids in decision-making, and analyzes vast volumes of data to provide answers to certain questions. It examines new trends, identifies commercial prospects, and responds instantly to urgent process-related problems.
Impact of COVID-19: The adoption and application of cognitive computing technologies were delayed as a result of the COVID-19 pandemic's severe interruptions to healthcare operations. Several healthcare institutions put patient care and quick pandemic response ahead of spending money on cutting-edge technology. Projects using cognitive computing received less attention and funding as resources were redirected to managing COVID-19 patients and addressing the crisis. The development and application of cognitive computing systems in healthcare settings were impacted by this change.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Component, By Application, By End-User, By Deployment Model, By Technology.
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered
IBM, Microsoft, Amazon Web Services, Medtronic, SAP, Oracle, Koninklijke Philips N.V., Hewlett Packard Enterprise, Cerner Corporation, Siemens Healthineers.
Healthcare Cognitive Computing Market Segmentation:
By Component: Based on the Component, Global Healthcare Cognitive Computing Market is segmented as; Hardware, Software, Services.
By Application: Based on the Application, Global Healthcare Cognitive Computing Market is segmented as; Drug Discovery and Development, Clinical Research, Precision Medicine, Medical Imaging, Diagnostics.
By End-User: Based on the End-User, Global Healthcare Cognitive Computing Market is segmented as; Healthcare Providers, Pharmaceutical and Biotechnology Companies, Medical Research Institutions.
By Deployment Model: Based on the Deployment Model, Global Healthcare Cognitive Computing Market is segmented as; Cloud-based, On-premises.
By Technology: Based on the Technology, Global Healthcare Cognitive Computing Market is segmented as; Machine Learning, Deep Learning, Natural Language Processing, Computer Vision.