The healthcare chatbots global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Healthcare Chatbots Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size —
The healthcare chatbots market size has grown exponentially in recent years. It will grow from $0.35 billion in 2023 to $0.45 billion in 2024 at a compound annual growth rate (CAGR) of 25.7%. The growth in the historic period can be attributed to increasing healthcare costs, shortage of healthcare professionals, patient engagement initiatives, rise of telehealth services, demand for immediate healthcare information, regulatory support for digital health..
The healthcare chatbots market size is expected to see exponential growth in the next few years. It will grow to $1.18 billion in 2028 at a compound annual growth rate (CAGR) of 27.7%. The growth in the forecast period can be attributed to integration with electronic health records, expansion of remote patient monitoring, increasing mental health awareness, personalized medicine adoption, cybersecurity measures.. Major trends in the forecast period include integration with health apps and platforms, natural language processing (nlp) advancements, voice-enabled healthcare chatbots, virtual health assistants for remote monitoring, ai-based diagnostic chatbots..
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Scope Of Healthcare Chatbots Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Healthcare Chatbots Market Overview
Market Drivers –
The increasing need for virtual health assistance is expected to boost the growth of healthcare Chatbot market going forward. Virtual health assistance uses digital technologies to provide healthcare services and information to patients remotely. Telemedicine is a form of virtual health assistance that uses communication technologies to connect patients with healthcare providers. The healthcare Chabot integrated with virtual heath assistance helps to access to healthcare services. For instance, in 2021, according to the Centers for Disease Control and Prevention, a US-based public health agency, 37% of adults had used telemedicine in a single year and further office-based physicians usage increased six times to 87 percent in 2021. Therefore, the increasing need for virtual health assistance will drive the healthcare chatbots market forward.
Market Trends —
Technological developments are a popular trend in the healthcare chatbot market. Major companies operating in the healthcare chatbots sector are focused on developing to sustain their market position. For Instance, in March 2022, Ivy.ai, Inc., a US-based information technology company, Launched Genie, a self-building chatbot technology. It is a uniquely designed highly complex chatbot and live chat platform that builds pre-trained and conversational chatbots which can understand unique content. The software comes with an in-built intuitive setup assistant that allows companies to quickly get started with the software.
The healthcare chatbots market covered in this report is segmented –
1) By Component: Software, Services
2) By Deployment Model: On-Premise Model, Cloud-Based Model
3) By Application: Symptoms Check, Appointment Scheduling And Monitoring, Medical And Drug Information Assistance, Other Applications
4) By End User: Patients, Healthcare Providers, Insurance Companies, Other End Users
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Regional Insights —
North America was the largest region in the healthcare chatbots market in 2023. The regions covered in the healthcare chatbots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies —
Major companies operating in the healthcare chatbots market report are Your.MD Ltd., HealthTap Inc., Sensely Inc., Buoy Health Inc., Infermedica, Babylon Health, Baidu Inc., Ada Digital Health Ltd., Pact Care BV, Woebot Labs Inc., GYANT.Com Inc., Ada Health GmbH, Microsoft Corporation, Inbenta Holdings Inc., Anboto Labs, Florence Healthcare, Conversa Health Inc., Memora Health Inc., K Health Inc., HealthJoy, SimplifiMed, Mediktor, Catalia Health, 2Morrow Inc., PharmAssistant, Fern Health, HealthIBX, HealthXM, HealthSapiens, 98point6 Technologies, HealthTensor .
Table of Contents
1. Executive Summary
2. Healthcare Chatbots Market Report Structure
3. Healthcare Chatbots Market Trends And Strategies
4. Healthcare Chatbots Market — Macro Economic Scenario
5. Healthcare Chatbots Market Size And Growth
…..
27. Healthcare Chatbots Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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