Report Scope:
This research report presents an in-depth analysis of the global market for cognitive computing and artificial intelligence systems in healthcare by offering, technology, application, end users and geographic markets. The report includes key factors driving growth of cognitive computing and artificial intelligence systems in healthcare. The report discusses the role of supply chain members ranging from manufacturers to researchers. The report has an in-depth analysis of key companies operating in the global market for cognitive computing and artificial intelligence systems in healthcare. The report's in-depth patent analysis will focus on providing extensive technological trends across years and geographies such as the U.S., Europe and China.
The market for cognitive computing and artificial intelligence systems in healthcare is mainly segmented into five major components: type of offering, technology, application, end user and geography. Based on offering, the market is segmented into hardware, software and services. Based on technology, the market is categorized into natural language processing, context aware processing, deep learning and querying method. The market is classified by applications into robot-assisted surgery, preliminary diagnosis, clinical trial participant identifier, dosage error reduction, virtual nursing assistant, administrative workflow assistance, fraud detection and others. Based on end users, the market is divided into healthcare provider, pharmaceutical and biotechnology company, patient and payer. The market is segmented by region into the North America, Europe, Asia-Pacific and ROW.
Report Includes:
- 51 data tables and 39 additional tables
- An overview of the global market for cognitive computing and artificial intelligence systems in healthcare
- Analyses of market trends, with data from 2016 to 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Identification of key market segments and market structure in cognitive computing and artificial intelligence systems in healthcare technologies
- Coverage of major stakeholders, product portfolio and recent developments
- Examination of competitive landscape for the market leaders
- Information on the trends, gaps and opportunities that will impact the future market
- Company profiles of major players in the market, including Alphabet Inc., Apple Inc., General Vision, IBM, Microsoft Corp., Oncora Medical and Welltok Inc.
Summary
Artificial intelligence (AI) and cognitive technologies have gained significant traction and have been more widely adopted in recent years. Increased adoption of cognitive and AI platforms can be attributed to their wide application potential across the healthcare industry, including patients and hospitals. Major market players such as IBM, Microsoft and Google have made significant investments in finding healthcare uses for cognitive computing and providing a platform for various startup firms that create specialized applications. The cognitive healthcare industry represents a new partnership between human beings and technology that has the potential to transform healthcare on a global scale. Cognitive
systems that understand, reason and learn are assisting people expand their knowledge base, improve their productivity and deepen their expertise. This has proven extremely useful in various areas of the healthcare industry. With the increasing integration of cognitive computing, users can now see health data that were previously inaccessible which can in turn can have a great impact on the healthcare industry by greatly improving patient care. Humans generate an enormous amount of health-related data. This data comes from a wide variety of sources, such as personal fitness trackers, mobile apps, electronic medical records, as well as genomic and clinical research. The development of AI and
cognitive computing platforms can avoid the discarding and wasting of data for the majority of patients.
Increases in the processing power and capabilities of AI systems and the dearth of skilled healthcare professionals are expected to drive market growth. Whereas, limitations of AI decision-making and limited acceptance from healthcare professionals due to risk of injury and misinterpretation are expected to restrain the market growth. Conversely, application of AI for novel surgeries and screening in conjunction with an untapped market in developing regions offer lucrative opportunities for market expansion.
The market for cognitive computing and AI in healthcare is segmented based on type of offering, technology, application, end user and region. The market by type of offering is classified into hardware, software and services. Whereas, based on technology, the market is classified natural language processing, context aware processing, deep learning and querying method. Further, based on application the market is categorized into robot assisted surgery, virtual nursing assistants, administrative workflow assistance, fraud detection, dosage error reduction, clinical trial participant identifier, preliminary diagnosis and others. Moreover, based on end users, the market is divided into healthcare providers, pharmaceutical and biotechnology companies, patients and payers.
Software generated the highest revenue in the offering segment with REDACTED in revenue in 2016 and is expected to reach REDACTED by 2022, at a CAGR of REDACTED from 2017-2022. The hardware offering segment is expected to increase at the highest growth rate at a CAGR of REDACTED from 2017- 2022. In addition, natural language processing generated the highest revenue in the technology segment with revenue of REDACTED in 2016 and is expected to reach REDACTED by 2022 at a CAGR of REDACTED from 2017-2022. The deep learning technology segment is expected to increase at the highest CAGR of R EDACTED from 2017-2022.
Cognitive Computing and Artificial Intelligence Systems Market in Healthcare
Table of Contents
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources and Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Definition of Cognitive Computing
Definition of Artificial intelligence (AI)
Main Areas of AI
Why Artificial Intelligence?
Benefits
History of Artificial Intelligence
Artificial Intelligence and Cognitive Computing in Healthcare
Enhancing Electronic Medical Records
Improving Clinical Teaching
Examples and Use Cases of AI Technology Services and Platforms
Welltok's CafeWell Concierge
IBM's Watson
Future Applications
Market Dynamics
Drivers
Restraints
Opportunities
Chapter 4 Market Breakdown by Type of Offering
Hardware
Services
Software
Chapter 5 Market Breakdown by Technology
Natural Language Processing (NLP)
History
Definition
Classification of NLP
Applications of Natural Language Processing in Healthcare
Context Aware Processing
Deep Learning
Querying Method
Chapter 6 Market Breakdown by Application
Robot-Assisted Surgery
Types of AI Surgical Concepts
Virtual Nursing Assistant
Preliminary Diagnosis
Clinical Trial Participant Identifier
Dosage Error Reduction
Fraud Detection
Administrative Workflow Assistance
Other Applications
Chapter 7 Market Breakdown by End User
Healthcare Providers
Pharmaceutical and Biotechnology Companies
Patients
Payers
Chapter 8 Market Breakdown by Region
North America
United States
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Taiwan
Rest of Asia-Pacific
ROW (Rest of the World)
Brazil
Saudi Arabia
Republic of South Africa
Others
Chapter 9 Government Regulations
Chapter 10 Patent Review
Patent Analysis
Patent Review by Year
Patent Review by Region
Patent Review by Assignee
Chapter 11 Analysis of Market Opportunities
Chapter 12 Company Profiles
ALPHABET INC. (GOOGLE INC.)
Overview
Product Portfolio
Alphabet Inc. Financials
APIXIO INC.
Overview
Products
APPLE INC.
Overview
Products Portfolio
Apple Financials
BIOSYMETRICS
Overview
Product Portfolio
CARESKORE
Overview
Product Portfolio
COGNITIVESCALE
Overview
Product Portfolio
ENLITIC INC.
Overview
Product Portfolio
ENTERRA SOLUTIONS, LLC
Overview
Product Portfolio
GENERAL VISION
Overview
Product Portfolio
HEALTHCARE X.O GMBH
Overview
Product Portfolio
ICARBONX
Overview
Product Portfolio
INTEL CORP.
Overview
Product Portfolio
Intel Corp. Financials
INTERNATIONAL BUSINESS MACHINES CORP.(IBM CORP.)
Overview
Product Portfolio
MEDWHAT.COM INC.
Overview
Product Portfolio
MICROSOFT CORP.
Overview
Product Portfolio
NEXT IT CORP.
Overview
Product Portfolio
NUMENTA
Overview
Product Portfolio
NVIDIA CORP.
Overview
Product Portfolio
ONCORA MEDICAL
Overview
Product Portfolio
PALANTIR TECHNOLOGIES
Overview
Product Portfolio
PTC INC.
Overview
Product Portfolio
TEQMINE
Overview
Product Portfolio
VICARIOUS
Overview
Product Portfolio
WELLTOK INC.
Overview
Product Portfolio
ZEPHYR HEALTH INC.
Overview
Product Portfolio
List of Tables
List of Tables
Summary Table : Global Market for Cognitive Computing and AI Systems in Healthcare, by Region, Through 2022
Table 1 : Global Market for Cognitive Computing and AI Systems in Healthcare, by Type of Offering, Through 2022
Table 2 : Global Market for Cognitive Computing and AI Systems in Healthcare, by Technology, Through 2022
Table 3 : Global Market for Cognitive Computing and AI Systems in Healthcare, by Type of Offering, Through 2022
Table 4 : Global Market for Cognitive Computing and AI Systems Hardware, by Region, Through 2022
Table 5 : Global Market for Cognitive Computing and AI Systems Services, by Region, Through 2022
Table 6 : Global Market for Cognitive Computing and AI Software, by Region, Through 2022
Table 7 : Global Market for Cognitive Computing and AI Systems in Healthcare, by Technology, Through 2022
Table 8 : Global Market for Natural Language Processing in Healthcare, by Region, Through 2022
Table 9 : Global Market for Context Aware Processing in Healthcare, by Region, Through 2022
Table 10 : Deep Learning Timeline, 1958-2016
Table 11 : Global Market for Deep Learning in Healthcare, by Region, Through 2022
Table 12 : Global Market for Querying Methods in Healthcare, by Region, Through 2022
Table 13 : Global Market for Cognitive Computing and AI Systems in Healthcare, by Application, Through 2022
Table 14 : Global Market for Robot-assisted Surgery, by Region, Through 2022
Table 15 : Global Market for Virtual Nursing Assistants, by Region, Through 2022
Table 16 : Global Market for Preliminary Diagnosis, by Region, Through 2022
Table 17 : Global Market for Clinical Trial Participant Identifier, by Region, Through 2022
Table 18 : Global Market for Dosage Error Reduction, by Region, Through 2022
Table 19 : Role of AI in Reducing Dosage Error
Table 20 : Global Market for Fraud Detection, by Region, Through 2022
Table 21 : Global Market for Administrative Workflow Assistance, by Region, Through 2022
Table 22 : Global Market for Other Applications, by Region, Through 2022
Table 23 : Global Market for Cognitive Computing and AI Systems in Healthcare, by End User, Through 2022
Table 24 : Global Market for Cognitive Computing and AI Used by Healthcare Providers, by Region, Through 2022
Table 25 : Global Market for Cognitive Computing and AI Used by Pharmaceutical and Biotechnology Companies, by Region, Through 2022
Table 26 : Global Market for Cognitive Computing and AI Used by Patients, by Region, Through 2022
Table 27 : Global Market for Cognitive Computing and AI Used by Payers, by Region, Through 2022
Table 28 : Top AI Start-ups in Healthcare, by Country
Table 29 : Global Market for Cognitive Computing and AI Systems in Healthcare, by Region, Through 2022
Table 30 : North American Market for Cognitive Computing and AI Systems in Healthcare, by Country, Through 2022
Table 31 : North American Market for Cognitive Computing and AI Systems in Healthcare, by Type of Offering, Through 2022
Table 32 : North American Market for Cognitive Computing and AI Systems in Healthcare, by Application, Through 2022
Table 33 : North American Market for Cognitive Computing and AI Systems in Healthcare, by Technology, Through 2022
Table 34 : North American Market for Cognitive Computing and AI Systems in Healthcare, by End User, Through 2022
Table 35 : European Market for Cognitive Computing and AI Systems in Healthcare, by Country, Through 2022
Table 36 : European Market for Cognitive Computing and AI Systems in Healthcare, by Type of Offering, Through 2022
Table 37 : European Market for Cognitive Computing and AI Systems in Healthcare, by Application, Through 2022
Table 38 : European Market for Cognitive Computing and AI Systems in Healthcare, by Technology, Through 2022
Table 39 : European Market for Cognitive Computing and AI Systems in Healthcare, by End User, Through 2022
Table 40 : Asia-Pacific Market for Cognitive Computing and AI Systems in Healthcare, by Country, Through 2022
Table 41 : Asia-Pacific Market for Cognitive Computing and AI Systems in Healthcare, by Type of Offering, Through 2022
Table 42 : Asia-Pacific Market for Cognitive Computing and AI Systems in Healthcare, by Application, Through 2022
Table 43 : Asia-Pacific Market for Cognitive Computing and AI Systems in Healthcare, by Technology, Through 2022
Table 44 : Asia-Pacific Market for Cognitive Computing and AI Systems in Healthcare, by End User, Through 2022
Table 45 : ROW Market for Cognitive Computing and AI Systems in Healthcare, by Country, Through 2022
Table 46 : ROW Market for Cognitive Computing and AI Systems in Healthcare, by Type of Offering, Through 2022
Table 47 : ROW Market for Cognitive Computing and AI Systems in Healthcare, by Application, Through 2022
Table 48 : ROW Market for Cognitive Computing and AI Systems in Healthcare, by Technology, Through 2022
Table 49 : ROW Market for Cognitive Computing and AI Systems in Healthcare, by End User, Through 2022
Table 50 : Alphabet (Google): Product Portfolio
Table 51 : Alphabet (Google): Financials, 2014-2016
Table 52 : Apixio: Product Portfolio
Table 53 : Apple: Product Portfolio
Table 54 : Apple: Financials, 2015-2017
Table 55 : Apple: Development Strategies, 2017 and 2018
Table 56 : BioSymetrics: Product Portfolio
Table 57 : BioSymetrics: Developments Strategy, 2017
Table 58 : CareSkore: Product Portfolio
Table 59 : CareSkore: Development Strategy, 2016
Table 60 : CognitiveScale: Product Portfolio
Table 61 : CognitiveScale: Developments Strategy, 2018
Table 62 : Enlitic: Product Portfolio
Table 63 : Enlitic: Developments Strategy, 2015-2017
Table 64 : Enterra Solutions: Product Portfolio
Table 65 : General Vision: Product Portfolio
Table 66 : General Vision: Development Strategies, 2016 and 2017
Table 67 : Healthcare X.O: Product Portfolio
Table 68 : Healthcare X.O: Developments Strategy, 2017
Table 69 : iCarbonX: Product Portfolio
Table 70 : iCarbonX: Developments Strategy, 2016 and 2017
Table 71 : Intel: Product Portfolio
Table 72 : Intel: Financials, 2014-2016
Table 73 : IBM: Product Portfolio
Table 74 : IBM: Developments Strategy, 2016 and 2017
Table 75 : MedWhat: Product Portfolio
Table 76 : Microsoft: Product Portfolio
Table 77 : Microsoft: Development Strategy, 2017
Table 78 : Next IT: Product Portfolio
Table 79 : Numenta: Product Portfolio
Table 80 : Nvidia: Product Portfolio
Table 81 : Oncora Medical: Product Portfolio
Table 82 : Oncora Medical: Developments Strategy, 2017
Table 83 : Palantir Technologies: Product Portfolio
Table 84 : PTC: Product Portfolio
Table 85 : PTC: Development Strategy, 2017
Table 86 : Teqmine: Product Portfolio
Table 87 : Welltok: Product Portfolio
Table 88 : Welltok: Development Strategy, 2015
Table 89 : Zephyr Health: Product Portfolio
List of Figures
List of Figures
Summary Figure : Global Market for Cognitive Computing and AI Systems in Healthcare, by Region, 2016-2022
Figure 1 : Role of Cognitive Computing in Personalized Healthcare
Figure 2 : Components of Cognitive Computing and AI Systems
Figure 3 : Evolution of Cognitive Computing
Figure 4 : IBM Cognitive Computing Hardware Unit: Watson
Figure 5 : Building the Hardware for the Next Generation of Artificial Intelligence
Figure 6 : Evolution of Hardware for Artificial Intelligence
Figure 7 : Features of Cognitive Solution
Figure 8 : CognitiveScale: Guided Care
Figure 9 : Cognitive Computing Based Software
Figure 10 : CognitiveScale: Cognitive Computing and AI Software
Figure 11 : Segmentation of the Global Market for Cognitive Computing and AI Systems in Healthcare, by Technology
Figure 12 : Broad Classification of Natural Language Processing
Figure 13 : Cognitive Computing and AI Systems in Healthcare Applications
Figure 14 : Virtual Nursing Assistance: Cognitive Computing
Figure 15 : Virtual Nursing Assistance: AI and Cognitive Computing
Figure 16 : Healthcare Uses of AI: Virtual Nursing Assistant
Figure 17 : AI: Medical Diagnosis
Figure 18 : Human Dx: Medical Diagnosis
Figure 19 : Histopathology Diagnosis: AI
Figure 20 : Clinical Study Tracker (CST)
Figure 21 : Deep 6 AI: Clinical Trial Participant Finder
Figure 22 : Medication Errors in the U.S., 2010
Figure 23 : System Hierarchy of Medical Errors
Figure 24 : AI Solutions: Fraud Detection
Figure 25 : WhiteHat AI Centaur System: Role in Fraud Detection
Figure 26 : Health Bot Project: Administrative Workflow Assistance
Figure 27 : Research Studies: Administrative Workflow Assistance
Figure 28 : End Users of Cognitive Computing and AI Systems in Healthcare
Figure 29 : External Investment in North America for AI, 2010-2016
Figure 30 : U.S. Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 31 : Canadian Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 32 : Mexican Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 33 : European AI Landscape: Top 10 AI Start-up Hubs
Figure 34 : Adoption of AI Technologies in Various Industries across Europe
Figure 35 : AI Companies Operating in Healthcare Germany
Figure 36 : German Market for Cognitive Computing and AI Systems, 2016-2022
Figure 37 : U.K. Market for Cognitive Computing and AI Systems, 2016-2022
Figure 38 : French Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 39 : Italian Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 40 : Spain's Market for Cognitive Computing and AI Systems, 2016-2022
Figure 41 : Rest of European Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 42 : External Investment in Asia for AI, 2010-2016
Figure 43 : Japanese Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 44 : Chinese Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 45 : Australian Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 46 : Indian Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 47 : South Korean Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 48 : Taiwanese Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 49 : Rest of Asia-Pacific Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 50 : Number of Hospitals in Latin America Region, by Country, 2017
Figure 51 : Factors Contributing to the Growing Use of AI and Cognitive Computing Technologies in Latin America
Figure 52 : Brazilian Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 53 : Saudi Arabian Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 54 : Republic of South Africa's Market for Cognitive Computing and AI Systems in Healthcare, 2016-2022
Figure 55 : ROW Market for Other Computing and AI Systems in Healthcare, 2016-2022
Figure 56 : Emerging AI and Cognitive Computing Technologies and Government Implications
Figure 57 : Role of the Government: AI and Cognitive Computing Applications
Figure 58 : Role of the Government: AI and Cognitive Computing Applications
Figure 59 : Global Cognitive Computing and AI Systems Patent Share, by Year, 2013-2017
Figure 60 : Cognitive Computing and AI Systems Patent Share, by Region, 2013-2017
Figure 61 : Cognitive Computing and AI Systems Patent Share, by Country, 2013-2017
Figure 62 : Cognitive Computing and AI Systems Patent Share, by Assignee, 2013-2017
Figure 63 : Strategies Used in the Global Market for Cognitive Computing and AI Systems in Healthcare, by Type, 2014-2017
Figure 64 : Key Strategies Used in the Global Market for Cognitive Computing and AI Systems in Healthcare, 2017
Figure 65 : Key Strategies Used in the Global Market for Global Cognitive Computing and AI Systems in Healthcare, 2015-2018
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