The global Healthcare Cognitive Computing market is expected to reach USD 12.94 billion by 2031, growing at a CAGR of 16.87% from 2024 to 2031. Key factors driving this growth include increasing demand for personalized medicine and precision healthcare solutions, growing adoption of electronic health records and healthcare analytics, and advancements in AI and ML technologies for healthcare applications. However, concerns regarding data security and privacy, lack of skilled professionals, and high implementation costs are hindering market growth. Future opportunities include integration with telehealth and remote patient monitoring, expansion in clinical decision support systems, and collaboration with pharmaceutical companies for drug discovery and development.
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