Case-Based Reasoning Systems Market Size & Analysis – Forecasts To 2025

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.

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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.

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