Healthcare Cognitive Computing Market Size to Worth Around US$ 11.04 Billion by 2027

The latest research study "Healthcare Cognitive Computing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that 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.

Request a Free PDF Sample Copy for more detailed market insights: https://www.imarcgroup.com/healthcare-cognitive-computing-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Industry Overview and Application :

Self-learning systems that mimic human brain functions to improve decision-making are referred to as cognitive computing. It makes use of data mining, pattern recognition, natural language processing (NLP), human senses processing, and system improvements based on the real-time gathering of patient data and other information. Healthcare cognitive computing analyses large amounts of data to deliver intelligent, personalised recommendations, respond to specific queries, and aid healthcare practitioners in creating individualised treatment plans. As a result, it has acquired a lot of traction in the healthcare industry to promote quicker and better-informed decisions, better-quality care, better therapeutic outcomes, and enhanced patient participation.

Healthcare Cognitive Computing Market Trends and Drivers:

The global healthcare cognitive computing market is primarily driven by the surging amounts of healthcare data from multiple sources and the growing incidences of chronic diseases. Additionally, the shifting consumer inclination toward personalized therapies and medicine, especially in oncology, has strengthened the need for cognitive computing.

Along with this, the increasing applications in healthcare, such as personalized medicine, melanoma screening, electronic health record (EHR) data analysis, and medical imaging analysis, have catalyzed the product demand. Furthermore, several key players are developing advanced and unified cognitive technology platforms with simplified application programming interfaces (APIs) that enable users to leverage the potential of machine learning systems.

Other factors, including the widespread usage of cloud services, advancements in the healthcare sector, favorable government initiatives, and rising costs of drug delivery and clinical trials, are also anticipated to propel the market growth.

Inquire Before Buying : https://www.imarcgroup.com/request?type=report&id=5148&flag=F

Global Healthcare Cognitive Computing Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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.

The report has segmented the market on the basis of region, 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

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/healthcare-cognitive-computing-market

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Browse More Related Reports:

Medical Tubing Market Size, Share, Trends, Opportunities, Growth and Forecast by 2027 : https://www.einpresswire.com/article/561947840/medical-tubing-market-size-share-trends-opportunities-growth-and-forecast-by-2027

Artificial Cornea and Corneal Implant Market Industry Size, Share, Trends, Forecast and Analysis of Key players 2027 : https://www.einpresswire.com/article/562515438/artificial-cornea-and-corneal-implant-market-industry-size-share-trends-forecast-and-analysis-of-key-players-2027

Active Optical Cable Market Size, Share, Trends, Forecast and Analysis of Key players 2027 : https://www.einpresswire.com/article/562521031/active-optical-cable-market-size-share-trends-forecast-and-analysis-of-key-players-2027

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.