Quantum Computing in Healthcare Key Players and Corporate Milestones

Quantum Computing in Healthcare Market Companies

• IBM Quantum
• Google Quantum AI
• D-Wave Systems
• Rigetti Computing
• Microsoft (Azure Quantum)
• IonQ
• Pasqal
• QC Ware
• Zap Energy / PsiQuantum (investors)
• Zapata Computing
• Cambridge Quantum (now Quantinuum)
• Classiq (hybrid circuit design)
• 1QBit
• BosonQ Psi
• GE Healthcare
• Bayer / Boehringer Ingelheim / Roche
• Alibaba Cloud
• Amazon Braket (AWS)
• Tencent Quantum Lab
• CQC2T

Market Growth

The global quantum computing in healthcare market size reached USD 121.6 million in 2024, grew to USD 167.71 million in 2025, and is projected to hit around USD 3037.83 million by 2034, expanding at a CAGR of 37.86% during the forecast period from 2025 to 2034.

What are the Various Trends Observed in Quantum Computing Technologies?

• The investments and funding of the leading suppliers of photonic quantum chips drive the growth of quantum chip technology. For instance, in April 2025, Sparrow Quantum acquired €21.5 million led by PensionDanmark, Novo Holdings, EIFO, and others to boost production, R&D, and commercialization of its photonic quantum chip technology. 
• The expansion of digital training programs aims to empower the global population with the newest skills. For instance, in April 2024, Microsoft announced the investment of US$2.9 billion in cloud infrastructure and artificial intelligence in Japan while encouraging research, skills, and cybersecurity in the nation. 

Latest Announcement by Industry Leaders

In July 2024, Dr. Subodh Kulkarni, CEO of Rigetti Computing, announced that Quanta’s investment in Rigetti will strengthen the company’s leadership in the flourishing quantum computing market. He also proclaimed that Quanta, as the world’s leading notebook/server manufacturer with $43 billion in annual sales, will support Rigetti to remain at the forefront of the quantum computing industry.

Recent Developments in Quantum Computing in Healthcare Market

• In July 2025, Rigetti Computing Inc. announced the remarkable success of its largest multi-chip quantum computer. 
• In November 2024, IBM and Pasqal set their vision towards the expansion of a quantum-centric supercomputing initiative.

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