The North America Quantum Computing in Healthcare Market would witness market growth of 44.2% CAGR during the forecast period (2023-2030).
With the help of a rapidly evolving technology called quantum computing, more complicated problems can be solved by conventional computers while still adhering to the principles of quantum mechanics. It has been possible to perform calculations based on quantum mechanics using a quantum computer. Regarding speed, bits, and data, it is distinct from traditional computing. Instead of the two bits employed by conventional computing, the system utilizes all states between 0 and 1, producing superior results and processing data more quickly. The system's main use is to compare different solutions to difficult situations and select the best one.
Quantum computing is a swiftly expanding field of technology. The number of patent applications for quantum technologies has dramatically increased in recent years submitted by different companies throughout the region, which can aid in assessing the development of the quantum ecosystem. Patents and investments are improving the future by developing better technologies. As an example, AMD filed a teleportation patent in September 2021 to encourage quantum computing. It is predicted that the method described in the patent will resolve the scalability and stability difficulties by decreasing the number of qubits that are necessary for accurate calculations.
The demand for precision medicine is also rising as autoimmune illnesses become more common in Canada. According to Statistics Canada, 19.3% of Canadians aged 15 or older (or roughly 5.7 million) reported having arthritis in 2017. This chronic condition affected 16.0% of men and 22.4% of women. Canada is a major market, with an increased focus on developing cutting-edge healthcare platforms and technology. Specific treatments are currently being researched and developed across the country by numerous academic institutions and biotechnology companies. As a result, the region offers the market a profitable opportunity for expansion.
The US market dominated the North America Quantum Computing in Healthcare Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $378,620.6 Thousands by 2030. The Canada market is poised to grow at a CAGR of 47.4% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 46.2% during (2023 - 2030).
Based on Deployment, the market is segmented into On-premise, and Cloud. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Technology, the market is segmented into Superconducting Qubits, Trapped Ions, Quantum Annealing, and Others. Based on Application, the market is segmented into Drug Discovery & Development, Medical Diagnostics, Genomics & Precision Medicine, Radiotherapy, Risk Analysis, and Others. Based on End User, the market is segmented into Pharmaceutical & Biopharmaceutical Companies, Labs & Research Institutes, Healthcare Providers, and Healthcare Payers. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Quantum Computing in Healthcare Market is Projected to reach USD 1 Billion by 2030, at a CAGR of 45.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, RIGETTI COMPUTING, INC., ID Quantique SA, D-Wave Systems Inc., Google LLC (Alphabet Inc.), Protiviti Inc. (ROBERT HALF INTERNATIONAL INC.), Deloitte Touche Tohmatsu Limited, Accenture PLC and Atos Group.
Scope of the Study
Market Segments Covered in the Report:
By Deployment
By Component
- Hardware
- Software
- Services
By Technology
- Superconducting Qubits
- Trapped Ions
- Quantum Annealing
- Others
By Application
- Drug Discovery & Development
- Medical Diagnostics
- Genomics & Precision Medicine
- Radiotherapy
- Risk Analysis
- Others
By End User
- Pharmaceutical & Biopharmaceutical Companies
- Labs & Research Institutes
- Healthcare Providers
- Healthcare Payers
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- RIGETTI COMPUTING, INC.
- ID Quantique SA
- D-Wave Systems Inc.
- Google LLC (Alphabet Inc.)
- Protiviti Inc. (ROBERT HALF INTERNATIONAL INC.)
- Deloitte Touche Tohmatsu Limited
- Accenture PLC
- Atos Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Quantum Computing in Healthcare Market, by Deployment
1.4.2 North America Quantum Computing in Healthcare Market, by Component
1.4.3 North America Quantum Computing in Healthcare Market, by Technology
1.4.4 North America Quantum Computing in Healthcare Market, by Application
1.4.5 North America Quantum Computing in Healthcare Market, by End User
1.4.6 North America Quantum Computing in Healthcare Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jan – 2023, Apr) Leading Players
Chapter 4. North America Quantum Computing in Healthcare Market by Deployment
4.1 North America On-premise Market by Country
4.2 North America Cloud Market by Country
Chapter 5. North America Quantum Computing in Healthcare Market by Component
5.1 North America Hardware Market by Country
5.2 North America Software Market by Country
5.3 North America Services Market by Country
Chapter 6. North America Quantum Computing in Healthcare Market by Technology
6.1 North America Superconducting Qubits Market by Country
6.2 North America Trapped Ions Market by Country
6.3 North America Quantum Annealing Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Quantum Computing in Healthcare Market by Application
7.1 North America Drug Discovery & Development Market by Country
7.2 North America Medical Diagnostics Market by Country
7.3 North America Genomics & Presion Medicine Market by Country
7.4 North America Radiotherapy Market by Country
7.5 North America Risk Analysis Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Quantum Computing in Healthcare Market by End User
8.1 North America Pharmaceutical & Biopharmaceutical Companies Market by Country
8.2 North America Labs & Research Institutes Market by Country
8.3 North America Healthcare Providers Market by Country
8.4 North America Healthcare Payers Market by Country
Chapter 9. North America Quantum Computing in Healthcare Market by Country
9.1 US Quantum Computing in Healthcare Market
9.1.1 US Quantum Computing in Healthcare Market by Deployment
9.1.2 US Quantum Computing in Healthcare Market by Component
9.1.3 US Quantum Computing in Healthcare Market by Technology
9.1.4 US Quantum Computing in Healthcare Market by Application
9.1.5 US Quantum Computing in Healthcare Market by End User
9.2 Canada Quantum Computing in Healthcare Market
9.2.1 Canada Quantum Computing in Healthcare Market by Deployment
9.2.2 Canada Quantum Computing in Healthcare Market by Component
9.2.3 Canada Quantum Computing in Healthcare Market by Technology
9.2.4 Canada Quantum Computing in Healthcare Market by Application
9.2.5 Canada Quantum Computing in Healthcare Market by End User
9.3 Mexico Quantum Computing in Healthcare Market
9.3.1 Mexico Quantum Computing in Healthcare Market by Deployment
9.3.2 Mexico Quantum Computing in Healthcare Market by Component
9.3.3 Mexico Quantum Computing in Healthcare Market by Technology
9.3.4 Mexico Quantum Computing in Healthcare Market by Application
9.3.5 Mexico Quantum Computing in Healthcare Market by End User
9.4 Rest of North America Quantum Computing in Healthcare Market
9.4.1 Rest of North America Quantum Computing in Healthcare Market by Deployment
9.4.2 Rest of North America Quantum Computing in Healthcare Market by Component
9.4.3 Rest of North America Quantum Computing in Healthcare Market by Technology
9.4.4 Rest of North America Quantum Computing in Healthcare Market by Application
9.4.5 Rest of North America Quantum Computing in Healthcare Market by End User
Chapter 10. Company Profiles
10.1 Protiviti Inc. (Robert Half International, Inc.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.2 IBM Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 Rigetti Computing, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Acquisition and Mergers:
10.4 ID Quantique SA
10.4.1 Company Overview
10.4.2 Recent strategies and developments:
10.4.2.1 Product Launches and Product Expansions:
10.5 D-Wave Systems Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.6 Google LLC (Alphabet Inc.)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.6 SWOT Analysis
10.7 Accenture PLC
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.6 SWOT Analysis
10.8 Atos Group
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 Recent strategies and developments:
10.8.4.1 Partnerships, Collaborations, and Agreements:
10.8.5 SWOT Analysis
10.9 Deloitte Touche Tohmatsu Limited
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Recent strategies and developments:
10.9.3.1 Partnerships, Collaborations, and Agreements:
10.10. Pricewaterhousecoopers LLP (PwC)
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
TABLE 1 North America Quantum Computing in Healthcare Market, 2019 - 2022, USD Thousands
TABLE 2 North America Quantum Computing in Healthcare Market, 2023 - 2030, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– Quantum Computing in Healthcare Market
TABLE 4 Product Launches And Product Expansions– Quantum Computing in Healthcare Market
TABLE 5 Acquisition and Mergers– Quantum Computing in Healthcare Market
TABLE 6 North America Quantum Computing in Healthcare Market by Deployment, 2019 - 2022, USD Thousands
TABLE 7 North America Quantum Computing in Healthcare Market by Deployment, 2023 - 2030, USD Thousands
TABLE 8 North America On-premise Market by Country, 2019 - 2022, USD Thousands
TABLE 9 North America On-premise Market by Country, 2023 - 2030, USD Thousands
TABLE 10 North America Cloud Market by Country, 2019 - 2022, USD Thousands
TABLE 11 North America Cloud Market by Country, 2023 - 2030, USD Thousands
TABLE 12 North America Quantum Computing in Healthcare Market by Component, 2019 - 2022, USD Thousands
TABLE 13 North America Quantum Computing in Healthcare Market by Component, 2023 - 2030, USD Thousands
TABLE 14 North America Hardware Market by Country, 2019 - 2022, USD Thousands
TABLE 15 North America Hardware Market by Country, 2023 - 2030, USD Thousands
TABLE 16 North America Software Market by Country, 2019 - 2022, USD Thousands
TABLE 17 North America Software Market by Country, 2023 - 2030, USD Thousands
TABLE 18 North America Services Market by Country, 2019 - 2022, USD Thousands
TABLE 19 North America Services Market by Country, 2023 - 2030, USD Thousands
TABLE 20 North America Quantum Computing in Healthcare Market by Technology, 2019 - 2022, USD Thousands
TABLE 21 North America Quantum Computing in Healthcare Market by Technology, 2023 - 2030, USD Thousands
TABLE 22 North America Superconducting Qubits Market by Country, 2019 - 2022, USD Thousands
TABLE 23 North America Superconducting Qubits Market by Country, 2023 - 2030, USD Thousands
TABLE 24 North America Trapped Ions Market by Country, 2019 - 2022, USD Thousands
TABLE 25 North America Trapped Ions Market by Country, 2023 - 2030, USD Thousands
TABLE 26 North America Quantum Annealing Market by Country, 2019 - 2022, USD Thousands
TABLE 27 North America Quantum Annealing Market by Country, 2023 - 2030, USD Thousands
TABLE 28 North America Others Market by Country, 2019 - 2022, USD Thousands
TABLE 29 North America Others Market by Country, 2023 - 2030, USD Thousands
TABLE 30 North America Quantum Computing in Healthcare Market by Application, 2019 - 2022, USD Thousands
TABLE 31 North America Quantum Computing in Healthcare Market by Application, 2023 - 2030, USD Thousands
TABLE 32 North America Drug Discovery & Development Market by Country, 2019 - 2022, USD Thousands
TABLE 33 North America Drug Discovery & Development Market by Country, 2023 - 2030, USD Thousands
TABLE 34 North America Medical Diagnostics Market by Country, 2019 - 2022, USD Thousands
TABLE 35 North America Medical Diagnostics Market by Country, 2023 - 2030, USD Thousands
TABLE 36 North America Genomics & Presion Medicine Market by Country, 2019 - 2022, USD Thousands
TABLE 37 North America Genomics & Presion Medicine Market by Country, 2023 - 2030, USD Thousands
TABLE 38 North America Radiotherapy Market by Country, 2019 - 2022, USD Thousands
TABLE 39 North America Radiotherapy Market by Country, 2023 - 2030, USD Thousands
TABLE 40 North America Risk Analysis Market by Country, 2019 - 2022, USD Thousands
TABLE 41 North America Risk Analysis Market by Country, 2023 - 2030, USD Thousands
TABLE 42 North America Others Market by Country, 2019 - 2022, USD Thousands
TABLE 43 North America Others Market by Country, 2023 - 2030, USD Thousands
TABLE 44 North America Quantum Computing in Healthcare Market by End User, 2019 - 2022, USD Thousands
TABLE 45 North America Quantum Computing in Healthcare Market by End User, 2023 - 2030, USD Thousands
TABLE 46 North America Pharmaceutical & Biopharmaceutical Companies Market by Country, 2019 - 2022, USD Thousands
TABLE 47 North America Pharmaceutical & Biopharmaceutical Companies Market by Country, 2023 - 2030, USD Thousands
TABLE 48 North America Labs & Research Institutes Market by Country, 2019 - 2022, USD Thousands
TABLE 49 North America Labs & Research Institutes Market by Country, 2023 - 2030, USD Thousands
TABLE 50 North America Healthcare Providers Market by Country, 2019 - 2022, USD Thousands
TABLE 51 North America Healthcare Providers Market by Country, 2023 - 2030, USD Thousands
TABLE 52 North America Healthcare Payers Market by Country, 2019 - 2022, USD Thousands
TABLE 53 North America Healthcare Payers Market by Country, 2023 - 2030, USD Thousands
TABLE 54 North America Quantum Computing in Healthcare Market by Country, 2019 - 2022, USD Thousands
TABLE 55 North America Quantum Computing in Healthcare Market by Country, 2023 - 2030, USD Thousands
TABLE 56 US Quantum Computing in Healthcare Market, 2019 - 2022, USD Thousands
TABLE 57 US Quantum Computing in Healthcare Market, 2023 - 2030, USD Thousands
TABLE 58 US Quantum Computing in Healthcare Market by Deployment, 2019 - 2022, USD Thousands
TABLE 59 US Quantum Computing in Healthcare Market by Deployment, 2023 - 2030, USD Thousands
TABLE 60 US Quantum Computing in Healthcare Market by Component, 2019 - 2022, USD Thousands
TABLE 61 US Quantum Computing in Healthcare Market by Component, 2023 - 2030, USD Thousands
TABLE 62 US Quantum Computing in Healthcare Market by Technology, 2019 - 2022, USD Thousands
TABLE 63 US Quantum Computing in Healthcare Market by Technology, 2023 - 2030, USD Thousands
TABLE 64 US Quantum Computing in Healthcare Market by Application, 2019 - 2022, USD Thousands
TABLE 65 US Quantum Computing in Healthcare Market by Application, 2023 - 2030, USD Thousands
TABLE 66 US Quantum Computing in Healthcare Market by End User, 2019 - 2022, USD Thousands
TABLE 67 US Quantum Computing in Healthcare Market by End User, 2023 - 2030, USD Thousands
TABLE 68 Canada Quantum Computing in Healthcare Market, 2019 - 2022, USD Thousands
TABLE 69 Canada Quantum Computing in Healthcare Market, 2023 - 2030, USD Thousands
TABLE 70 Canada Quantum Computing in Healthcare Market by Deployment, 2019 - 2022, USD Thousands
TABLE 71 Canada Quantum Computing in Healthcare Market by Deployment, 2023 - 2030, USD Thousands
TABLE 72 Canada Quantum Computing in Healthcare Market by Component, 2019 - 2022, USD Thousands
TABLE 73 Canada Quantum Computing in Healthcare Market by Component, 2023 - 2030, USD Thousands
TABLE 74 Canada Quantum Computing in Healthcare Market by Technology, 2019 - 2022, USD Thousands
TABLE 75 Canada Quantum Computing in Healthcare Market by Technology, 2023 - 2030, USD Thousands
TABLE 76 Canada Quantum Computing in Healthcare Market by Application, 2019 - 2022, USD Thousands
TABLE 77 Canada Quantum Computing in Healthcare Market by Application, 2023 - 2030, USD Thousands
TABLE 78 Canada Quantum Computing in Healthcare Market by End User, 2019 - 2022, USD Thousands
TABLE 79 Canada Quantum Computing in Healthcare Market by End User, 2023 - 2030, USD Thousands
TABLE 80 Mexico Quantum Computing in Healthcare Market, 2019 - 2022, USD Thousands
TABLE 81 Mexico Quantum Computing in Healthcare Market, 2023 - 2030, USD Thousands
TABLE 82 Mexico Quantum Computing in Healthcare Market by Deployment, 2019 - 2022, USD Thousands
TABLE 83 Mexico Quantum Computing in Healthcare Market by Deployment, 2023 - 2030, USD Thousands
TABLE 84 Mexico Quantum Computing in Healthcare Market by Component, 2019 - 2022, USD Thousands
TABLE 85 Mexico Quantum Computing in Healthcare Market by Component, 2023 - 2030, USD Thousands
TABLE 86 Mexico Quantum Computing in Healthcare Market by Technology, 2019 - 2022, USD Thousands
TABLE 87 Mexico Quantum Computing in Healthcare Market by Technology, 2023 - 2030, USD Thousands
TABLE 88 Mexico Quantum Computing in Healthcare Market by Application, 2019 - 2022, USD Thousands
TABLE 89 Mexico Quantum Computing in Healthcare Market by Application, 2023 - 2030, USD Thousands
TABLE 90 Mexico Quantum Computing in Healthcare Market by End User, 2019 - 2022, USD Thousands
TABLE 91 Mexico Quantum Computing in Healthcare Market by End User, 2023 - 2030, USD Thousands
TABLE 92 Rest of North America Quantum Computing in Healthcare Market, 2019 - 2022, USD Thousands
TABLE 93 Rest of North America Quantum Computing in Healthcare Market, 2023 - 2030, USD Thousands
TABLE 94 Rest of North America Quantum Computing in Healthcare Market by Deployment, 2019 - 2022, USD Thousands
TABLE 95 Rest of North America Quantum Computing in Healthcare Market by Deployment, 2023 - 2030, USD Thousands
TABLE 96 Rest of North America Quantum Computing in Healthcare Market by Component, 2019 - 2022, USD Thousands
TABLE 97 Rest of North America Quantum Computing in Healthcare Market by Component, 2023 - 2030, USD Thousands
TABLE 98 Rest of North America Quantum Computing in Healthcare Market by Technology, 2019 - 2022, USD Thousands
TABLE 99 Rest of North America Quantum Computing in Healthcare Market by Technology, 2023 - 2030, USD Thousands
TABLE 100 Rest of North America Quantum Computing in Healthcare Market by Application, 2019 - 2022, USD Thousands
TABLE 101 Rest of North America Quantum Computing in Healthcare Market by Application, 2023 - 2030, USD Thousands
TABLE 102 Rest of North America Quantum Computing in Healthcare Market by End User, 2019 - 2022, USD Thousands
TABLE 103 Rest of North America Quantum Computing in Healthcare Market by End User, 2023 - 2030, USD Thousands
TABLE 104 Key Information – Protiviti Inc.
TABLE 105 Key Information – IBM Corporation
TABLE 106 Key Information – Rigetti Computing, Inc.
TABLE 107 Key Information – ID Quantique SA
TABLE 108 Key Information – D-Wave Systems Inc.
TABLE 109 Key Information – Google LLC
TABLE 110 Key Information – Accenture PLC
TABLE 111 Key Information – Atos Group
TABLE 112 Key Information – Deloitte Touche Tohmatsu Limited
TABLE 113 Key Information – Pricewaterhousecoopers LLP
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jan – 2023, Apr) Leading Players
FIG 5 North America Quantum Computing in Healthcare Market share by Deployment, 2022
FIG 6 North America Quantum Computing in Healthcare Market share by Deployment, 2030
FIG 7 North America Quantum Computing in Healthcare Market by Deployment, 2019 - 2030, USD Thousands
FIG 8 North America Quantum Computing in Healthcare Market share by Component, 2022
FIG 9 North America Quantum Computing in Healthcare Market share by Component, 2030
FIG 10 North America Quantum Computing in Healthcare Market by Component, 2019 - 2030, USD Thousands
FIG 11 North America Quantum Computing in Healthcare Market share by Technology, 2022
FIG 12 North America Quantum Computing in Healthcare Market share by Technology, 2030
FIG 13 North America Quantum Computing in Healthcare Market by Technology, 2019 - 2030, USD Thousands
FIG 14 North America Quantum Computing in Healthcare Market share by Application, 2022
FIG 15 North America Quantum Computing in Healthcare Market share by Application, 2030
FIG 16 North America Quantum Computing in Healthcare Market by Application, 2019 - 2030, USD Thousands
FIG 17 North America Quantum Computing in Healthcare Market share by End User, 2022
FIG 18 North America Quantum Computing in Healthcare Market share by End User, 2030
FIG 19 North America Quantum Computing in Healthcare Market by End User, 2019 - 2030, USD Thousands
FIG 20 North America Quantum Computing in Healthcare Market share by Country, 2022
FIG 21 North America Quantum Computing in Healthcare Market share by Country, 2030
FIG 22 North America Quantum Computing in Healthcare Market by Country, 2019 - 2030, USD Thousands
FIG 23 SWOT Analysis: IBM Corporation
FIG 24 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 25 SWOT Analysis: Accenture PLC
FIG 26 SWOT Analysis: Atos Group