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Healthcare Cognitive Computing Market and its Growth Landscape in the Foreseeable Future Health Articles | August 14 Jahlani Tavai Lions Jersey , 2019
Global聽healthcare cognitive computing market聽is forecasted to attain revenue of $13.3 billion by 2024 by P&S Intelligence.
The聽growth in the healthcare cognitive computing industry size will be led by increasing burden of chronic diseases, technological advancements in the healthcare industry encouraging the use of cognitive computing in healthcare, and rising adoption of third computing platforms.
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End-users in the healthcare cognitive computing market include healthcare providers, pharmaceutical companies, medical device companies T.J. Hockenson Lions Jersey , healthcare payers, and several others such as research institutions and CROs. Although cognitive computing in healthcare is being used by various healthcare professionals, but it is the healthcare providers category, which is expected to witness fastest growth in demand during the forecast period. Healthcare providers are expected to lead the global market, occupying a 44.5% share Kenny Golladay Lions Jersey , in 2017. This growth in demand can be attributed to increased usage of cognitive platforms for the detection and treatment of rare diseases. For instance, in October 2016, Rh枚n-Klinikum AG, a private hospital group in Germany, teamed up with IBM Corporation on a 12-month pilot project to help detect rare diseases and find their cure using the IBM’s Watson platform.
Increasing burden of chronic diseases is driving the healthcare cognitive computing market Jarrad Davis Lions Jersey , with the rising need to manage complex and large volume of data. Complex diagnosis and treatment options of these diseases have enabled the market players to develop various cognitive computing solutions to enable faster and effective decisions by healthcare providers. Companies such as IBM Corporation are increasingly collaborating with public organizations to address the concern of chronic diseases such as diabetes and cancer, since these diseases have witnessed a significant increase, over a period.
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Some of the other key players operating in the healthcare cognitive computing market include Enterra Solutions, LLC, Intel Corporation Kerryon Johnson Lions Jersey , Alphabet Inc., Hewlett Packard Enterprise (HPE), Nuance Communications, Inc., CognitiveScale Marvin Jones Jr Lions Jersey , Healthcare X.0 GmbH, and Inc.
About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company Barry Sanders Lions Jersey , believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.