The global market for Quantum Computing in Healthcare was valued at US$128.5 Million in 2024 and is projected to reach US$845.4 Million by 2030, growing at a CAGR of 36.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
In the field of genetics, quantum computing promises to significantly expedite the process of genome sequencing and analysis, building on the achievements of projects like the Human Genome Project but at a fraction of the time. This capability is expected to unlock profound insights into genetic diseases and support the advancement of personalized medicine, where treatments are tailored to individual genetic profiles. The seamless integration of extensive genomic data could enhance the accuracy of diagnoses and the personalization of treatments, making healthcare more predictive and effective. Additionally, the ongoing integration of quantum computing into healthcare research, as evidenced by partnerships like that between IBM and the Cleveland Clinic, illustrates the transition from theoretical applications to practical, impactful medical uses.
The growth of quantum computing in healthcare is driven by several factors, including its potential to handle complex computations and large datasets rapidly, which is essential for tasks like genomic sequencing and biophysical simulations. The technology's capability to simulate molecular and chemical interactions at a granular level could drastically accelerate drug development, critical for addressing diseases and global health emergencies swiftly. Furthermore, quantum computing's advanced data encryption methods promise enhanced security for sensitive medical data, a growing concern as healthcare data breaches become more prevalent. As quantum technology continues to mature, its integration into healthcare operations could streamline processes such as supply chain logistics, patient data management, and predictive maintenance of medical equipment, significantly enhancing operational efficiency and reducing costs. Collaborations between quantum tech companies, academic institutions, and healthcare organizations, along with substantial governmental and private sector investment, are crucial for nurturing an innovative environment that could bring quantum computing's potential to fruition in the healthcare sector.
Global Quantum Computing in Healthcare Market - Key Trends and Drivers Summarized
Quantum computing is poised to revolutionize the healthcare sector by enabling groundbreaking advancements in areas like drug discovery, clinical trials, and patient data security. Leveraging the principles of quantum mechanics, this technology allows for the simulation of molecular interactions at speeds unattainable by traditional computers, potentially reducing the time and cost of drug development significantly. Companies like Atomwise and InSilico Medicine are already harnessing AI to accelerate drug discovery timelines, hinting at the transformative potential of quantum computing in responding swiftly to global health crises. Beyond pharmaceuticals, quantum computing could revolutionize clinical trials by simulating virtual human models that predict the effects of drugs and treatments without the need for physical test subjects, thereby enhancing the speed and safety of medical research.In the field of genetics, quantum computing promises to significantly expedite the process of genome sequencing and analysis, building on the achievements of projects like the Human Genome Project but at a fraction of the time. This capability is expected to unlock profound insights into genetic diseases and support the advancement of personalized medicine, where treatments are tailored to individual genetic profiles. The seamless integration of extensive genomic data could enhance the accuracy of diagnoses and the personalization of treatments, making healthcare more predictive and effective. Additionally, the ongoing integration of quantum computing into healthcare research, as evidenced by partnerships like that between IBM and the Cleveland Clinic, illustrates the transition from theoretical applications to practical, impactful medical uses.
The growth of quantum computing in healthcare is driven by several factors, including its potential to handle complex computations and large datasets rapidly, which is essential for tasks like genomic sequencing and biophysical simulations. The technology's capability to simulate molecular and chemical interactions at a granular level could drastically accelerate drug development, critical for addressing diseases and global health emergencies swiftly. Furthermore, quantum computing's advanced data encryption methods promise enhanced security for sensitive medical data, a growing concern as healthcare data breaches become more prevalent. As quantum technology continues to mature, its integration into healthcare operations could streamline processes such as supply chain logistics, patient data management, and predictive maintenance of medical equipment, significantly enhancing operational efficiency and reducing costs. Collaborations between quantum tech companies, academic institutions, and healthcare organizations, along with substantial governmental and private sector investment, are crucial for nurturing an innovative environment that could bring quantum computing's potential to fruition in the healthcare sector.
Report Scope
The report analyzes the Quantum Computing in Healthcare market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Component (Services, Software, Hardware); Technology (Superconducting Qubits, Trapped Ions, Quantum Annealing, Other Technologies); End-User (Pharma & Biopharma Companies, Laboratories & Research Institutes, Healthcare Providers, Healthcare Payers).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Quantum Computing Services segment, which is expected to reach US$452.4 Million by 2030 with a CAGR of a 40.1%. The Quantum Computing Software segment is also set to grow at 36.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $36.2 Million in 2024, and China, forecasted to grow at an impressive 34% CAGR to reach $116.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Classiq, D-Wave Systems Inc., ID Quantique SA, ProteinQure, Inc., Protiviti Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Quantum Computing in Healthcare Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Quantum Computing in Healthcare Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Quantum Computing in Healthcare Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 23 major companies featured in this Quantum Computing in Healthcare market report include:
- Classiq
- D-Wave Systems Inc.
- ID Quantique SA
- ProteinQure, Inc.
- Protiviti Inc.
- QC Ware Corp.
- Qnami AB
- Quantinuum
- Rigetti Computing
- Zapata Computing
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Classiq
- D-Wave Systems Inc.
- ID Quantique SA
- ProteinQure, Inc.
- Protiviti Inc.
- QC Ware Corp.
- Qnami AB
- Quantinuum
- Rigetti Computing
- Zapata Computing
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 210 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 128.5 Million |
| Forecasted Market Value ( USD | $ 845.4 Million |
| Compound Annual Growth Rate | 36.9% |
| Regions Covered | Global |
