Healthcare Chatbots Market at a CAGR of 19.5% to Estimated USD 543.65 Million Growth by 2026
Research Reports
Jan 13, 2022
The Healthcare Chatbots Market is estimated to earn USD 543.65 million with a high CAGR of 19.5% by 2026.Improved internet connectivity globally is estimated to lead to the progress of the healthcare chatbots market companies. An upsurge in the persistent disease rate and the lack of skilled staff is estimated to add momentum to the advancement of the healthcare chatbots market size in the duration of the forecast period.
The development in healthcare technology is estimated to motivate the healthcare chatbots market share. The market’s report is efficiently analyzed as per MRFR, which provides outlooks for the global markets.
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Segmental Analysis
The segmental study of the healthcare chatbots market is conducted on the basis of component, deployment, application, region, and end user. The component segment of the healthcare chatbots market consists of software and service. The deployment segment of the healthcare chatbots market consists of on-premise and cloud-based. The application segment of the healthcare chatbots market consists of appointment scheduling, medication assistance, and medical guidance. The region segment of the healthcare chatbots market consists of Europe, the Americas, Asia-Pacific, the Middle East, and Africa. The end-user deployment segment of the healthcare chatbots market consists of healthcare providers and insurance companies.
Regional Overview
The regional review of the healthcare chatbots market consists of Europe, the Americas, Asia-Pacific, the Middle East, and Africa. The European Union has the largest growth rate of all of these regions, owing to increased awareness of technological advancements and the widespread use of virtual assistants. The Americas region is not far behind; because of significant investments in artificial intelligence, the healthcare chatbots industry is rapidly expanding. The Asia-Pacific area is also growing rapidly due to technological advancements, and a high growth rate in the healthcare industry is expected as the region’s knowledge of chatbots grows. India, Japan, and China are all seeing rapid expansion.
Competitive Analysis
The market’s heightened focus on high-revenue decision-making is expected to hasten its return to normalcy in the coming months. The use of technology and a strategy-based approach is likely to increase the likelihood of future success. Many government agencies are providing fiscal stimulus to help their national markets recover, which is expected to boost global demand. The industry’s growth is expected to be fueled by market businesses’ investments in building strong e-commerce and retail channels. The reformative trends that are forming the global market are anticipated to lift the market. In the following months, the creation of strong delivery chains is expected to accelerate developments. The increase in the rate of innovation is expected to open up new market opportunities. Organizations want to invest in technology and innovation for the post-COVID-19 future and need to maintain resilience for the next major upheaval. However, many companies are yet to address the delayed risks and potential vulnerabilities introduced during the pandemic’s growth ability. The signing of several international trade agreements is expected to boost the expansion of the market’s economy.
The well-known companies in the healthcare chatbots market are Sensely, Inc. (U.S.), M.D. (U.K.), Buoy Health, Inc. (U.S.), Infermedica (Poland), PACT Care B.V. (The Netherlands), HealthTap, Inc. (U.S.), Babylon Health (U.K.), Ada Health GmbH (Germany), Woebot Labs, Inc. (U.S.) and COM, Inc. (U.S.).
Industry Updates:
July 2021 Sapio Smart Healthcare, a branch of Sapio Analytics, an Indian government advisory agency, has developed a chatbot to aid patients in rural and remote areas of the country. According to a news release, the AKS Sapio Med Bot was created to help patients comprehend their “local and personal” concerns while supporting them in obtaining treatment prior to medical consultations. Sapio Analytics aims to provide a comprehensive and easily accessible healthcare system in India’s small towns and villages. Its strategy includes providing care with sensitivity.
Jul 2021 Intermountain Healthcare, based in Salt Lake City, owns 25 hospitals and launched Scout, a COVID-specific AI chatbot, in the spring of 2020. In its first two weeks, the symptom-checking patient assistant engaged with more than 157,000 people at a rate of more than 9,000 exchanges per day. Scout was able to reduce the number of calls handled by people by 30% due to this swift adoption. COVID screenings were also completed in over 90% of contacts.
Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/healthcare-chatbots-market-6476
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