Vocal Biomarkers Market Growth, Trends, Key Vendors, Segmentation, Regional Overview and Forecast 2030
Research Reports
May 12, 2023
Vocal Biomarkers Market information: by type (frequency, amplitude, error rate, vocal rise or fall time, phonation time, voice tremor, pitch, others) by indications (psychiatric disorders (depression, Attention Deficit and Disruptive Behavior Disorders, others), neurological disorders (Parkinson’s disease (PD), Alzheimer’s disease, Huntington’s disease, others), Respiratory Disorders, Cardiovascular Disorders, traumatic brain injury (TBI), others), others) by end users (hospitals and clinics, academic and research, others) – Global Forecast
Market Research Future Insights
The Vocal Biomarkers Market is expected to register a CAGR of~17.50% from 2022to 2030and hold a value of over USD 1.91 billion by 2030.
The vocal biomarkers market refers to the use of voice-based biometric technology to detect and analyze patterns in a person’s voice, which can be used to diagnose and monitor various medical conditions such as Parkinson’s disease, depression, and respiratory infections, among others. The market involves the development and commercialization of software and hardware solutions that can capture and analyze voice data, as well as the deployment of these technologies in healthcare settings such as hospitals, clinics, and research institutions. The goal of the vocal biomarkers market is to provide a non-invasive, low-cost, and easily accessible way to diagnose and monitor various health conditions.
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The COVID-19 pandemic had a mixed impact on the vocal biomarkers market. The pandemic has led to an increased interest in remote monitoring technologies, including vocal biomarkers, as a way to reduce the need for in-person medical visits and to monitor patients’ health from a distance. This has led to increased investment in the development of vocal biomarker technologies and the deployment of these technologies in healthcare settings.
Market Segmentation
The Vocal Biomarkers Market has been segmented into type, indication and end-use.
Based on the type, the market has been segmented into frequency analysis and pitch analysis.
Based on the indication, the market has been segmented into psychiatric disorders and cardiovascular disorders.
Based on the end use, the market has been segmented into hospitals and clinics, academic and research.
Key Players
Some of the key market players are:
- Beyond Verbal
- Sonde Health
- Audio Profiling
- IBM Corporation
- Cogito Corporation
Regional Analysis
North America is the largest region in the vocal biomarkers market in terms of market share. This can be attributed to the presence of a large number of vocal biomarker solution providers, a well-established healthcare infrastructure, and the increasing adoption of remote patient monitoring technologies in the region.
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The market for vocal biomarkers is expected to grow at a significant rate in other regions such as Asia Pacific, Europe, and the Middle East and Africa due to the increasing awareness about the benefits of vocal biomarkers in disease diagnosis and monitoring, as well as the rising prevalence of chronic diseases in these regions.
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