Healthcare Chatbots Market Latest Developments and Trends, Global Business Industry Revenue, Demand and Applications Market Research Report to 2027

Healthcare Chatbots Market

According to a recent report by Emergen Research, the global market for healthcare chatbots is expected to be worth USD 594.8 million by 2027. Over the projection period, it is anticipated that the market for healthcare chatbots would grow rapidly. The surge in internet usage, the use of smart wellness gadgets, and growing knowledge of self-monitoring approaches in diagnosis and treatment are all contributing factors to the growth in demand for healthcare chatbot apps. The growing demand for virtual health aid is anticipated to fuel market expansion.

The global healthcare chatbots market is expanding as a result of factors including increasing internet connectivity and the adoption of smart devices, the limited supply of healthcare resources to handle the growing patient population, technological advancements in artificial intelligence, chatbots to lower healthcare costs, and rising demand for virtual health assistance. However, issues with data protection, a lack of knowledge regarding chatbot development, and a lack of awareness and misunderstanding are preventing this business from expanding.

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Some Key Highlights from the Report

Nuance Communications purchased Noida-based mobile value-added services provider mCarbon Tech Innovations in February 2017 in a cash and stock deal estimated to be worth approximately USD 36.0 million. This is a tailored agreement for Nuance that will increase the carriers’ services in India, Africa, and Southeast Asia while also expanding its current Value-Added Services and subscription business service portfolio, which is currently distributed throughout Latin America, Northern America, Europe, and Australia.

With a CAGR of 20.5% over the forecast period, the software category is anticipated to lead the market. Segment growth is anticipated to be fueled by the expansion of several applications for patients and healthcare professionals.

With a CAGR of 20.5% throughout the anticipated period, the healthcare provider category accounted for the largest market. Healthcare institutions are in charge of managing important medical data, including patient information, hospital inventories, billing information, and patient medical records. By providing interactive help for healthcare facility operations, increasing patient flows in hospitals and clinics would significantly increase demand for healthcare chatbot applications.

Infermedica Sp. Z o.o., Ada Health GmbH, Nuance Communications, Inc., Synthetix Ltd., PACT Care BV, Baidu, Inc., Next IT Corporation, and HealthTap, Inc. are a few of the major participants.

Emergen Research has segmented the global Healthcare Chatbots Market on the basis of deployment, component, application, end-user, and region:

Deployment Outlook (Revenue, USD Million; 2017-2027)

  • Cloud-based
  • On-premise

Component Outlook (Revenue, USD Million; 2017-2027)

  • Services
  • Software

Application Outlook (Revenue, USD Million; 2017-2027)

  • Appointment Scheduling & Medical Guidance
  • Symptom checking & Medication Assistance

End-User Outlook (Revenue, USD Million; 2017-2027)

  • Healthcare Providers
  • Patients
  • Insurance Companies
  • Others

Regional Outlook (Revenue, USD Million; 2017-2027)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. UK
    3. France
    4. BENELUX
    5. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. India
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • MEA
    1. Saudi Arabia
    2. UAE
    3. Rest of MEA

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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