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Quantum Computing in Healthcare market growing at CAGR of 42.5% by 2030 | IBM, D-Wave Systems Inc., Rigetti Computing, Honeywell International, Microsoft, IonQ, Fujitsu, Atos SE

05-20-2024 12:17 PM CET | Health & Medicine

Press release from: The Research Insights

/ PR Agency: The Research Insights
Quantum Computing in Healthcare market growing at CAGR of 42.5%

Quantum computing enables healthcare professionals to model difficult molecular interactions at an atomic stage. The healthcare industry especially develops itself with the help of developing and latest technology. This method can perform very fast DNA sequencing, which opens the opportunity for personalized medicine.

It allows the development of novel treatments and medicines through detailed modeling. This technology is based on the principles of quantum and superposition. Like normal computers, quantum computers make use of qubits instead of bits.

The global Quantum Computing in Healthcare market in terms of revenue was estimated to be worth USD XX billion in 2022 and is poised to grow at a CAGR of 42.5% from 2023 to 2030.

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Top Key Players Profiled in This Report:
IBM, D-Wave Systems Inc., Rigetti Computing, Honeywell International Inc., Microsoft Corporation, IonQ, Fujitsu, Atos SE, QxBranch and Others.

The key questions answered in this report: -

1. What will be the Market Size and Growth Rate in the forecast year?
2. What are the Key Factors driving Quantum Computing in Healthcare Market?
3. What are the Risks and Challenges in front of the market?
4. Who are the Key Vendors in Quantum Computing in Healthcare Market?
5. What are the Trending Factors influencing the market shares?
6. What are the Key Outcomes of Porter's five forces model?
7. Which are the Global Opportunities for Expanding the Quantum Computing in Healthcare Market?

Various factors are responsible for the market's growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Quantum Computing in Healthcare market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Quantum Computing in Healthcare market's trajectory between forecast periods.

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Quantum Computing in Healthcare Market Segmentation by Component:
• Hardware
• Software
• Services

Quantum Computing in Healthcare Market Segmentation by Technology:
• Superconducting Qubits
• Trapped Ions
• Quantum Annealing
• Others

Quantum Computing in Healthcare Market Segmentation by Application:
• Drug Discovery and Development
• Medical Diagnostics
• Genomics and Precision Medicine
• Radiotherapy
• Risk Analysis
• Others

Quantum Computing in Healthcare Market by Regions:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porters five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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