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Case-Based Reasoning Systems Market Size & Analysis - Forecasts To 2025 By Application (Diagnosis, Monitoring, Planning & Projecting, Process Control, Others), By End-use (Hospitals & Diagnostics Centers, Research, Law, Automotive, BSFI, Industrial, Others), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa), End-Use Landscape, Vendor Landscape, Market Share Analysis & Competitive Landscape - Global Market Estimates
Case-Based Reasoning Systems Market Insights
The case-based reasoning (CBR) systems market is projected to grow at a significant CAGR over the coming years. These systems are used in a wide variety of applications such as diagnosis, monitoring, planning & projecting, process control, designing, law, and process control among others.
The continuous and rapid development of artificial intelligence is expected to increase the use of case-based reasoning applications in order to solve problems based on past experiences. CBR is often used as a data base system whereby all solved cases are stored so that they are useful for solving new cases.
Case-Based Reasoning Systems Market: Application Insights
On the basis of application, the case-based reasoning systems market is segmented into diagnosis, monitoring, planning & projecting, process control, and others. CBR processes can be described as a process consisting of four stages, namely, retrieve, reuse, revise, and retain. Retrieving includes the process of extracting similar cases from the system. Reuse attempts to solve the new case using past cases extracted from the system. The revise stage revisits the solution and revises it if necessary. The retain stage feeds the problem and solution of the new case into the system so that it can be used to solve further cases.
Case-Based Reasoning Systems Market: End-user Insights
On the basis of end-user, the market is segmented into hospitals & diagnostics centers, research, law, automotive, BSFI, industrial, and others. Increasing healthcare spending and the wide use of artificial intelligence solutions in medical technologies is projected to augment market growth over the coming years. CBR is also extensively applied in legal cases and in the banking, financial services, and insurance sector.
Case-Based Reasoning Systems Market: Regional Insights
The demand for case-based reasoning systems is expected to grow at a high CAGR in the North American and European market. High investments in the artificial intelligence sector is projected to augment the demand for case-based reasoning systems over the coming years as it is widely used in the healthcare, automotive, and industrial sector. Recent developments and investments are expected to promote industrialization in the Asia Pacific region, thereby, increasing the use of case-based reasoning systems in problem solving applications.
Case-Based Reasoning Systems Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Case-Based Reasoning Systems Market: End-Use Landscape
The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic and inorganic growth strategies among others. Some of the companies who are likely to use case-based reasoning systems include Palomar Medical Center, Bumrungrad International Hospital, and Anadolu Medical Center among others.
Case-Based Reasoning Systems Market Share & Competitor Analysis
Some of the prominent companies engaged in case-based reasoning systems market include AcknoSoft, Atlantis Aerospace Corporation, Brightware Inc., Case Bank Support Systems Inc., Cognitive Systems Inc., Esteem Software Inc., Inductive Solutions Inc., Inference Corporation, IET-Intelligent Electronics, and Intellix among others.
Please note: This is not an exhaustive list of companies profiled in the report.
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The global Case-Based Reasoning Systems Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Case-Based Reasoning Systems Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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