IMARC Group, a leading market research company, has recently releases report titled “Healthcare Chatbots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global healthcare chatbots market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the healthcare chatbots market?
Report Attributes
Details
Market Size in 2022
US$ 250.9 Million
Market Forecast in 2028
US$ 768.1 Million
Growth rate (2023 to 2028)
CAGR of 19.8%
Base Year of the Analysis
2022
Forecast Period
2023-2028
What are Healthcare Chatbots?
Healthcare chatbots are software integrated with machine learning (ML) algorithms and natural language processing (NLP). They allow medical assistants to stimulate and engage in conversations and provide real-time service to patients. Healthcare chatbots aid in reducing hospital visits, consultation times, unnecessary treatments and procedures, and hospital admissions and re-admissions by providing 24/7 remote medical care to patients. Presently, numerous chatbots are leveraged with complex self-learning algorithms to maintain in-depth, human-like conversations.
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What are the growth prospects and trends in the Healthcare Chatbots industry?
The widespread adoption of the software by medical practitioners across the globe for monitoring patients with mild symptoms and providing hospital-based care on a timely basis, on account of the COVID-19 outbreak and the highly infectious nature of the virus, is primarily augmenting the healthcare chatbots market. Furthermore, the rising usage of these chatbots, as they communicate necessary information about coronavirus in several languages and make the screening process faster and more efficient, is positively influencing the global market. Apart from this, the growing prevalence of chronic diseases, in confluence with the escalating demand for remote patient monitoring (RPM), is acting as another significant growth-inducing factor. Moreover, the increasing utilization of the software by private clinics to triage and clerk patients, which leads to significant cost savings and improves patient care outcomes, is also bolstering the market growth. Besides this, the inflating usage of these chatbots, as they help in freeing up hospital resources for treating existing and critical patients, is further catalyzing the global market. Additionally, the rising focus of various health firms on developing solutions that provide digital healthcare assistance is expected to drive the healthcare chatbots market in the coming years.
Who are the key players operating in the industry?
The report covers the major market players including:
Ada Health GmbHBabylon Inc.Buoy Health Inc.Creative Virtual Ltd.com Inc.HealthTap Inc.InfermedicaMicrosoft CorporationPACT Care BVSensely Inc.Woebot HealthMD Ltd.What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Component:
SoftwareServicesBreakup by Deployment Mode:
Cloud-basedOn-premisesBreakup by Application:
Symptoms CheckMedical and Drug Information AssistanceAppointment Scheduling and MonitoringOthersBreakup by End User:
PatientsHealthcare ProvidersInsurance CompaniesOthersBreakup by Region:
North America Europe Asia Pacific Latin AmericaMiddle East and AfricaAsk Analyst for 10% Free Customized Report: https://www.imarcgroup.com/healthcare-chatbots-market
Key Highlights of the Report:
Market Performance (2017-2022)Market Outlook (2023-2028)Market TrendsMarket Drivers and Success FactorsThe Impact of COVID-19 on the Global MarketValue Chain AnalysisStructure of the Global MarketComprehensive mapping of the competitive landscapeNote: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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