AI Magazine August 2022 | Page 85

MARKET SIZE

MARKET SIZE

The global Quantum Computing Market size was US $ 392.5mn in 2020 . The market is expected to grow from US $ 486.1mn in 2021 to US $ 3180.9mn in 2028 – a CAGR of 30.8 % during the forecast period .
Flöther shares that IBM believes quantum computing specifically has the potential to improve the analysis of medical images , including processing steps , such as edge detection and image matching : “ This impacts techniques like CT , MRI , and X-ray scans , which are crucial diagnostic tools impacted by poor resolution and low replicability , yet that need to adhere to strict safety protocols .”
He continues : “ Through quantum computing , care providers may be able to improve diagnoses while simultaneously eliminating the need for repetitive invasive diagnostic testing . They may be able to continuously monitor and analyse the health of individuals . In addition to helping patients , such improvements could also benefit health plans and providers via reduced treatment costs as a result of earlier diagnoses .”
Managing the influx of health data with quantum computing Healthcare professionals have available to them more structured and unstructured data than ever before . In turn , this puts higher demands on data specialists to sort through and analyse such datasets for better patient outcomes .
“ This increased availability of data allows for greater quantum computing applications in the health ecosystem . The benefits of leveraging more available data and using quantum computing technology lie in the gap between using traditional computing technology , which is geared more toward intervention and prevention , rather than predictive and very early diagnosis . More available data enhances and supports the introduction of quantum computing as it accelerates the process ,
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