Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Healthcare Cognitive Computing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global healthcare cognitive computing market reached a value of US$ 3.60 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.04 Billion by 2027, exhibiting a CAGR of 19.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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.

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

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, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on technology, deployment mode and end use.

Breakup by Technology:

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • 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:

 

 
 

www.imarcgroup.com

To get more information on the regional analysis of this market, Request Sample

  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Technology, Deployment Mode, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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

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$), 2016-2021
Figure 3: Global: Healthcare Cognitive Computing Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Healthcare Cognitive Computing Market: Breakup by Technology (in %), 2021
Figure 5: Global: Healthcare Cognitive Computing Market: Breakup by Deployment Mode (in %), 2021
Figure 6: Global: Healthcare Cognitive Computing Market: Breakup by End Use (in %), 2021
Figure 7: Global: Healthcare Cognitive Computing Market: Breakup by Region (in %), 2021
Figure 8: Global: Healthcare Cognitive Computing (Natural Language Processing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Healthcare Cognitive Computing (Natural Language Processing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Healthcare Cognitive Computing (Machine Learning) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Healthcare Cognitive Computing (Machine Learning) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Healthcare Cognitive Computing (Automated Reasoning) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Healthcare Cognitive Computing (Automated Reasoning) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Healthcare Cognitive Computing (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Healthcare Cognitive Computing (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Healthcare Cognitive Computing (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Healthcare Cognitive Computing (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Healthcare Cognitive Computing (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Healthcare Cognitive Computing (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Healthcare Cognitive Computing (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Healthcare Cognitive Computing (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Healthcare Cognitive Computing (Pharmaceuticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Healthcare Cognitive Computing (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Healthcare Cognitive Computing (Medical Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Healthcare Cognitive Computing (Medical Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Healthcare Cognitive Computing (Insurance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Healthcare Cognitive Computing (Insurance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Healthcare Cognitive Computing (Other End Uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Healthcare Cognitive Computing (Other End Uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Healthcare Cognitive Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Healthcare Cognitive Computing Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Healthcare Cognitive Computing Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Healthcare Cognitive Computing Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 3: Global: Healthcare Cognitive Computing Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 4: Global: Healthcare Cognitive Computing Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 5: Global: Healthcare Cognitive Computing Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Healthcare Cognitive Computing Market: Competitive Structure
Table 7: Global: Healthcare Cognitive Computing Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Key Questions Answered in This Report

The global healthcare cognitive computing market was valued at US$ 3.60 Billion in 2021.

We expect the global healthcare cognitive computing market to exhibit a CAGR of 19.20% during 2022-2027.

The sudden outbreak of the COVID-19 pandemic has led to the increasing need for healthcare cognitive computing to treat the coronavirus-infected patients using their past data and to recognize any health-related issues, that allows in providing the treatments and drugs, accordingly.

The rising prevalence of various chronic diseases, along with the growing adoption healthcare cognitive computing in customized medicine, melanoma screening, and Electronic Health Record (EHR) data analysis, is primarily driving the global healthcare cognitive computing market.

Based on the technology, the global healthcare cognitive computing market can be segmented into natural language processing, machine learning, automated reasoning, and others. Among these, natural language processing currently holds the majority of the total market share.

 

Based on the deployment mode, the global healthcare cognitive computing market has been divided into on-premises and cloud-based, where on-premises currently exhibit a clear dominance in the market.

Based on the end use, the global healthcare cognitive computing market can be categorized into hospitals, pharmaceuticals, medical devices, insurance, and others. Currently, hospitals account for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

 

Some of the major players in the global healthcare cognitive computing market include 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.

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links