December 4, 2019

Healthcare Cognitive Computing: The Future of Healthcare

Cognitive computing is the reproduction of human thought procedures in an electronic form. Cognitive computing helps to identify risks and frauds. In healthcare sector it helps doctors to treat patients based on past data. The process is based on software bringing intelligence information. Cognitive computing need to manage complex and huge volume of data.

Cognitive computing quickly affects every aspect of our lives. As 2017 approaches, the cognitive revolution based on artificial intelligence (AI), machine learning, and data science has become much faster than many people recognize.

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List of Prominent Key Players Operating in this Study

- Medwhat

- IBM

- CognitiveScale

- Healthcare X.0 GmbH

- Microsoft

- Nuance Communications, Inc.

- Intel Corporation

- Palantir Technologies

- Apixio, Inc

- Saffron Tech Pvt Ltd.

North America is expected to contribute to the largest share in the healthcare cognitive computing market in the coming years, owing to factors such as, increasing R&D activities by medicinal companies, growing healthcare expenditure, proliferating geriatric population, increasing number of hospitals, and increasing collaborations between information technology firms, healthcare firms, and research centers in the region.

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The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.