Self-learning systems could soon revolutionize medicine and patient care.
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.
The healthcare cognitive computing market is segmented on the basis of technology, deployment model and end user. The technology segment includes, natural language processing (NLP), machine learning, automated reasoning, information retrieval. Based on deployment model, the market is segmented as, cloud based, on-premise. Based on end user, the market is classified as, healthcare payers, healthcare providers, and others
WHY COGNITIVE COMPUTING IN HEALTH CARE?
The promise of cognitive computing is driving interest and investment in the technology and its application across almost every field: for example, it has enabled autonomous vehicles, marketers are using it to better understand and target their audiences, and investors are employing it to improve their research and analysis. However, the greatest disruption resulting from the rise of cognitive computing will likely occur in the field of health care. New AI systems that augment the role of doctors and engage patients will expand access, lower costs, and, most importantly, improve outcomes—ultimately making our world healthier and happier. From advanced personal training to cancer treatment, from clinical trial matching to insulin pumps that think, cognitive computing and AI are transforming the way organizations impact health and wellness.
- Cognitive computing enables researchers to uncover new insights in relationships among genes, proteins, pathways, phenotypes, and diseases.
- Cognitive computing helps identify the most critical attributes of a patient case and can provide easy-to-consume summaries for both patients and healthcare providers.
- Cognitive capabilities have been used in clinical trial matching to optimize patient selection and recruitment.
- Cognitive computing can assist in creating individualized treatment plans and thereby enhance the patient and physician experience.
Companies influencing the market are Medwhat, IBM, CognitiveScale, Healthcare X.0 GmbH, Microsoft, Nuance Communications, Inc., Intel Corporation, Palantir Technologies, Apixio, Inc. and Saffron Tech Pvt Ltd. And Others