Global Quantum Computing in Healthcare Market Size, Trends, By Deployment (On-premises, Cloud-based), By Technology (Superconducting qubits, Trapped ions), By Application (Drug discovery, Genomics), By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa): Growth Opportunity Analysis and Industry Forecast, 2023-2030.
Global Quantum Computing in Healthcare Market
The Global Quantum Computing in Healthcare Market was valued at USD 49.45 million in 2022 and is expected to expand to USD 601 million by 2030, at a CAGR of 27.51% during the forecast period 2023-2030.
The usage of quantum computers, jaded with large amount of health specifications, congenital data, sensory knowledge, and other personal health information, might be able to give a thorough prediction about a given person's future health. That is what one can call predictive health.
Beyond drug discovery, quantum computing helps significantly with disease diagnosis. Now hospitals and clinics are using AI & ML to help detect possible diseases & tumors in patient test results and images.
Market Drivers
The immense expenditure which is being made by several governments & commercial companies boosts the market for quantum computing in healthcare. There have been numerous government achievements in supporting quantum information processing in healthcare. Hence, the increasing investments in quantum computing in emerging economies and the growing propensity of market payers toward quantum computing drives the market.
Furthermore, quantum computing enhances medical imaging techniques by revamping image resolution & processing speed, which enables more accurate & timely interpretation. The ability of quantum computers to handle a wide amount of data & perform complex calculations opens new opportunities for precision medicine, as it can analyze individual patient information and provide customized treatment recommendations. All these factors shall boost global quantum computing in the healthcare market.
Market Restraints
Accuracy issues with quantum computing systems, the initial high implementation costs, and lack of technical expertise and data management issues shall restrain global quantum computing in the healthcare market.
Market Segmentation
The global quantum computing in the healthcare market is segmented into deployment (on-premises, cloud-based), technology (superconducting qubits, trapped ions), and application (drug discovery, genomics).
Regional Analysis
The global quantum computing in healthcare market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the global quantum computing in the healthcare market and owes the largest market share of the market. The large share of North America is attributable to the rising government investments and funding for quantum computing, and an increasing number of quantum computing companies catering to the healthcare industry in the region.
Key Players
Various key players are discussed in the global quantum computing in healthcare market report including; IBM, Google, Inc., Rigetti & Co, LLC., Quandela, D-Wave Quantum Inc., Quantinuum, Ltd., ID Quantique, Zapata Computing, Atos SE, IonQ, Classiq Technologies, Inc., Xanadu Quantum Technologies Inc., and Others.
Market Taxonomy
By Deployment
• On-premises
• Cloud-based
By Technology
• Superconducting qubits
• Trapped ions
By Application
• Drug discovery
• Genomics
By Region
• North America
• U.S.
• Canada
• Mexico
• Latin America
• Brazil
• Argentina
• Colombia
• Peru
• Chile
• Venezuela
• Rest of Latin America
• Europe
• Germany
• France
• UK
• Russia
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• New Zealand
• Singapore
• Malaysia
• Rest of Asia Pacific
• Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Tanzania
• Rest of The Middle East & Africa
Key Question Addressed by the Report
· What are the Key Opportunities in the Global Quantum Computing in Healthcare Market?
· What will be the growth rate from 2023 to 2030?
· Which segment/region will have the highest growth?
· What are the factors that will impact/drive the Market?
· What is the role of key players in the value chain?
Quantum Computing in Healthcare Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Quantum Computing in Healthcare Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due To Nearing Economic Downturn
4.2.6 Post-Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Quantum Computing in Healthcare Market, By Deployment
5.1 Y-o-Y Growth Comparison, By Deployment
5.2 Global Quantum Computing in Healthcare Market Share Analysis, By Deployment
5.3 Global Quantum Computing in Healthcare Market Size and Forecast, By Deployment
5.3.1 On-premises
5.3.2 Cloud-based
6 Global Quantum Computing in Healthcare Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Quantum Computing in Healthcare Market Share Analysis, By Technology
6.3 Global Quantum Computing in Healthcare Market Size and Forecast, By Technology
6.3.1 Superconducting qubits
6.3.2 Trapped ions
7 Global Quantum Computing in Healthcare Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Quantum Computing in Healthcare Market Share Analysis, By Application
7.3 Global Quantum Computing in Healthcare Market Size and Forecast, By Application
7.3.1 Drug discovery
7.3.2 Genomics
8 Global Quantum Computing in Healthcare Market, By Region
8.1 Global Quantum Computing in Healthcare Market Share Analysis, By Region
8.2 Global Quantum Computing in Healthcare Market Share Analysis, By Region
8.3 Global Quantum Computing in Healthcare Market Size and Forecast, By Region
9 North America Quantum Computing in Healthcare Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Quantum Computing in Healthcare Market Share Analysis, By Deployment
9.3 North America Quantum Computing in Healthcare Market Share Analysis, By Technology
9.4 North America Quantum Computing in Healthcare Market Share Analysis, By Application
9.5 North America Quantum Computing in Healthcare Market Size and Forecast, By Country
9.5.1 U.S
9.5.1.1 Market Size and Forecast, By Deployment
9.5.1.2 Market Size and Forecast, By Technology
9.5.1.3 Market Size and Forecast, By Application
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Deployment
9.5.2.2 Market Size and Forecast, By Technology
9.5.2.3 Market Size and Forecast, By Application
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Deployment
9.5.3.2 Market Size and Forecast, By Technology
9.5.3.3 Market Size and Forecast, By Application
10 Europe Quantum Computing in Healthcare Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Quantum Computing in Healthcare Market Share Analysis, By Deployment
10.3 Europe Quantum Computing in Healthcare Market Size and Forecast, By Technology
10.4 Europe Quantum Computing in Healthcare Market Size and Forecast, By Application
10.5 Europe Quantum Computing in Healthcare Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1 Market Size and Forecast, By Deployment
10.5.1.2 Market Size and Forecast, By Technology
10.5.1.3 Market Size and Forecast, By Application
10.5.2 France
10.5.2.1 Market Size and Forecast, By Deployment
10.5.2.2 Market Size and Forecast, By Technology
10.5.2.3 Market Size and Forecast, By Application
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Deployment
10.5.3.2 Market Size and Forecast, By Technology
10.5.3.3 Market Size and Forecast, By Application
10.5.4 Russia
10.5.4.1 Market Size and Forecast, By Deployment
10.5.4.2 Market Size and Forecast, By Technology
10.5.4.3 Market Size and Forecast, By Application
10.5.5 Italy
10.5.5.1 Market Size and Forecast, By Deployment
10.5.5.2 Market Size and Forecast, By Technology
10.5.5.3 Market Size and Forecast, By Application
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Deployment
10.5.6.2 Market Size and Forecast, By Technology
10.5.6.3 Market Size and Forecast, By Application
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Deployment
10.5.7.2 Market Size and Forecast, By Technology
10.5.7.3 Market Size and Forecast, By Application
11 Asia Pacific Quantum Computing in Healthcare Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Quantum Computing in Healthcare Market Share Analysis, By Deployment
11.3 Asia Pacific Quantum Computing in Healthcare Market Size and Forecast, By Technology
11.4 Asia Pacific Quantum Computing in Healthcare Market Size and Forecast, By Application
11.5 Asia Pacific Quantum Computing in Healthcare Market Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Deployment
11.5.1.2 Market Size and Forecast, By Technology
11.5.1.3 Market Size and Forecast, By Application
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Deployment
11.5.2.2 Market Size and Forecast, By Technology
11.5.2.3 Market Size and Forecast, By Application
11.5.3 India
11.5.3.1 Market Size and Forecast, By Deployment
11.5.3.2 Market Size and Forecast, By Technology
11.5.3.3 Market Size and Forecast, By Application
11.5.4 South Korea
11.5.4.1 Market Size and Forecast, By Deployment
11.5.4.2 Market Size and Forecast, By Technology
11.5.4.3 Market Size and Forecast, By Application
11.5.5 Australia
11.5.5.1 Market Size and Forecast, By Deployment
11.5.5.2 Market Size and Forecast, By Technology
11.5.5.3 Market Size and Forecast, By Application
11.5.6 New Zealand
11.5.6.1 Market Size and Forecast, By Deployment
11.5.6.2 Market Size and Forecast, By Technology
11.5.6.3 Market Size and Forecast, By Application
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Deployment
11.5.7.2 Market Size and Forecast, By Technology
11.5.7.3 Market Size and Forecast, By Application
11.5.8 Malaysia
11.5.8.1 Market Size and Forecast, By Deployment
11.5.8.2 Market Size and Forecast, By Technology
11.5.8.3 Market Size and Forecast, By Application
11.5.9. Rest of Asia Pacific
11.5.9.1 Market Size and Forecast, By Deployment
11.5.9.2 Market Size and Forecast, By Technology
11.5.9.3 Market Size and Forecast, By Application
12 Latin America Quantum Computing in Healthcare Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Quantum Computing in Healthcare Market Share Analysis, By Deployment
12.3 Latin America Quantum Computing in Healthcare Market Share Analysis, By Technology
12.4 Latin America Quantum Computing in Healthcare Market Share Analysis, By Application
12.5 Latin America Quantum Computing in Healthcare Market Size and Forecast, By Country
12.5.1. Brazil
12.5.1.1 Market Size and Forecast, By Deployment
12.5.1.2 Market Size and Forecast, By Technology
12.5.1.3 Market Size and Forecast, By Application
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Deployment
12.5.2.2 Market Size and Forecast, By Technology
12.5.2.3 Market Size and Forecast, By Application
12.5.3 Colombia
12.5.3.1 Market Size and Forecast, By Deployment
12.5.3.2 Market Size and Forecast, By Technology
12.5.3.3 Market Size and Forecast, By Application
12.5.4 Peru
12.5.4.1 Market Size and Forecast, By Deployment
12.5.4.2 Market Size and Forecast, By Technology
12.5.4.3 Market Size and Forecast, By Application
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Deployment
12.5.5.2 Market Size and Forecast, By Technology
12.5.5.3 Market Size and Forecast, By Application
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Deployment
12.5.6.2 Market Size and Forecast, By Technology
12.5.6.3 Market Size and Forecast, By Application
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Deployment
12.5.7.2 Market Size and Forecast, By Technology
12.5.7.3 Market Size and Forecast, By Application
13 Middle East Quantum Computing in Healthcare Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Quantum Computing in Healthcare Market Share Analysis, By Deployment
13.3 Middle East Quantum Computing in Healthcare Market Size and Forecast, By Technology
13.4 Middle East Quantum Computing in Healthcare Market Size and Forecast, By Application
13.5 Middle East Quantum Computing in Healthcare Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Deployment
13.5.1.2 Market Size and Forecast, By Technology
13.5.1.3 Market Size and Forecast, By Application
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Deployment
13.5.2.2 Market Size and Forecast, By Technology
13.5.2.3 Market Size and Forecast, By Application
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Deployment
13.5.3.2 Market Size and Forecast, By Technology
13.5.3.3 Market Size and Forecast, By Application
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Deployment
13.5.4.2 Market Size and Forecast, By Technology
13.5.4.3 Market Size and Forecast, By Application
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Deployment
13.5.5.2 Market Size and Forecast, By Technology
13.5.5.3 Market Size and Forecast, By Application
13.5.6 Tanzania
13.5.6.1 Market Size and Forecast, By Deployment
13.5.6.2 Market Size and Forecast, By Technology
13.5.6.3 Market Size and Forecast, By Application
13.5.7 Rest of Middle East & Africa
13.5.7.1 Market Size and Forecast, By Deployment
13.5.7.2 Market Size and Forecast, By Technology
13.5.7.3 Market Size and Forecast, By Application
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 IBM
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Rigetti & Co, LLC.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Google, Inc.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Quandela
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 D-Wave Quantum Inc.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Quantinuum, Ltd.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 ID Quantique
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Zapata Computing
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Atos SE
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 IonQ
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
