Unlocking the Future: Quantum Computing's Role in Healthcare IndustryPosted by snehal shaha on October 11th, 2023 The increasing investments in quantum computing in developed as well as emerging economies, growing inclination of payers toward quantum computing, rising demand for personalized medicine, and rise in funding and investments in quantum computing startups are some of the key factors expected to drive market growth during the forecast period. The report Quantum Computing in Healthcare Market is projected to reach USD 503 million by 2028 from USD 85 million in 2023, at a high CAGR of 42.5% during the forecast period. Download PDF Brochure: - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=41524710 KEY MARKET DYNAMICS 1 MARKET DRIVERS 1 Increasing investments in quantum computing in developed as well as emerging economies 2 Growing inclination of payers toward quantum computing 3 Rising demand for personalized medicine 4 Increasing funding and investments in quantum computing startups 2 RESTRAINTS 1 Accuracy issues with quantum computing systems and high implementation costs 3 OPPORTUNITIES 1 Technological advancements in quantum computing supporting various healthcare applications 2 Potential applications in medical image analysis and oncology 4 CHALLENGES 1 Lack of technical expertise and data management issues
Market Segmentation: -
Regional Analysis: - North America accounted for the largest share of the quantum computing in healthcare market. The large share of North America can be attributed to the increasing government funding & investments for quantum computing, and growing number of quantum computing companies catering to the healthcare industry in the region. Request For 10 % Customization: - https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=41524710 Recent Developments:
Top Key Players :- IBM (US), Google, Inc. (US), Rigetti & Co, LLC. (US), Quandela (France), D-Wave Quantum Inc. (Canada), Quantinuum, Ltd. (US & UK), ID Quantique (Switzerland), Zapata Computing (US), Atos SE (France), IonQ (US), Classiq Technologies, Inc. (US), Xanadu Quantum Technologies Inc. (Canada), QC Ware (US), Protiviti, Inc. (US), Hefei Origin Quantum Computing Technology Co., Ltd. (China), PwC (UK), Deloitte (UK), Accenture (Ireland), Amazon Web Services (US), Pasqal (France), Fujitsu (Japan), Sandbox AQ (US), SEEQC (US), Quintessence Labs (Australia), and Qnami (Switzerland) are the major players in this market. While quantum computing's potential in healthcare is groundbreaking, challenges such as error correction, scalability, and practical implementation remain. Collaborations between quantum experts, healthcare professionals, and industry stakeholders will be crucial in harnessing the full transformative power of quantum computing for the betterment of global healthcare. Like it? Share it!More by this author |