According to IMARC Group’s latest report, titled “Healthcare Chatbots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.’ the global healthcare chatbots market size reached US$ 250.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 768.1 Million by 2028, exhibiting a growth rate (CAGR) of 19.8% during 2023-2028.
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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Healthcare Chatbots Market Trends:
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.
Healthcare Chatbots Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global healthcare chatbots market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Ada Health GmbH
- Babylon Inc.
- Buoy Health Inc.
- Creative Virtual Ltd.
- com Inc.
- HealthTap Inc.
- Infermedica
- Microsoft Corporation
- PACT Care BV
- Sensely Inc.
- Woebot Health
- MD Ltd.
Key Market Segmentation:
The report has segmented the healthcare chatbots market on the basis of component, deployment mode, application and end user.
Breakup by Component:
- Software
- Services
Breakup by Deployment Mode:
- Cloud-based
- On-premises
Breakup by Application:
- Symptoms Check
- Medical and Drug Information Assistance
- Appointment Scheduling and Monitoring
- Others
Breakup by End User:
- Patients
- Healthcare Providers
- Insurance Companies
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
Note: 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.
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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.
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