According to Markntel Advisors Report, Healthcare Chatbots Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
A healthcare chatbot is the outcome of artificial intelligence’s integration with medical expertise. A healthcare chatbot is a software application that can hold a real-time conversation with a human using artificial intelligence. They can interpret and answer a patient's questions by implementing natural language processing and machine learning algorithms. These chatbots can interact through speech or text. Modern healthcare chatbots are transforming patient care and administrative tasks for clinics and hospitals.
Global Healthcare Chatbots Market Research Report & Summary:
The Global Healthcare Chatbots Market size was valued at around USD 295 million in 2023 & is estimated to grow at a CAGR of around 19.5% during the forecast period, i.e., 2024-30.
Time Period Captured in the Report:
- Historical Years: 2019-22
- Base Years: 2023
- Forecast Years: 2024-2030
Who are the Key Players Operating in the Healthcare Chatbots Market?
The top companies of the Healthcare Chatbots Market ruling the industry are:
Ada Digital Health Ltd., Woebot Labs Inc., Sensely Inc., Buoy Health Inc., Healthily, Youper, Infermedica, Florence, OneRemission (Keenethics), IBM Watsonx Assistant, Medwhat, Streebo Inc., Kore.ai Inc., Smartbot360, and others
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Healthcare Chatbots Market Recent Development:
- June 2024: Mediktor, the leading digital healthcare company, has announced the acquisition of Sensely, a San Francisco-based, digital healthcare provider that pioneered an empathy-driven conversation platform to support hospital systems and insurance services with world-class member engagement.
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The Healthcare Chatbots Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Type
-Prescriptive Chatbots- Market Size & Forecast 2019-2030, USD Million
-Informational Chatbots- Market Size & Forecast 2019-2030, USD Million
-Conversational Chatbots- Market Size & Forecast 2019-2030, USD Million
-By Component
-Software- Market Size & Forecast 2019-2030, USD Million
-Service- Market Size & Forecast 2019-2030, USD Million
-By Technology
-Rule-Based Chatbots- Market Size & Forecast 2019-2030, USD Million
-AI-Powered Chatbots- Market Size & Forecast 2019-2030, USD Million
-Voice Chatbots- Market Size & Forecast 2019-2030, USD Million
-Keyword Recognition-Based Chatbots- Market Size & Forecast 2019-2030, USD Million
-Hybrid Chatbots- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
-By Deployment Mode
-Cloud Based- Market Size & Forecast 2019-2030, USD Million
-On-premise- Market Size & Forecast 2019-2030, USD Million
-By Application
-Appointment Management- Market Size & Forecast 2019-2030, USD Million
-Patient Onboarding- Market Size & Forecast 2019-2030, USD Million
-Telehealth Support- Market Size & Forecast 2019-2030, USD Million
-Post Diagnosis Education- Market Size & Forecast 2019-2030, USD Million
-Medication Reminder- Market Size & Forecast 2019-2030, USD Million
-Billing and Insurance Assistance- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
-By End-User
-Patients- Market Size & Forecast 2019-2030, USD Million
-Healthcare Providers- Market Size & Forecast 2019-2030, USD Million
-Insurance Companies- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Market Dynamics -Global Healthcare Chatbots Market:
Growing Use of Smart Devices to Drive the Market – In this digital era, most of the world is connected via the internet and have a smart device on their person. These smart devices can be used for various purposes and healthcare has become one of them. AI-powered chatbots that can engage people through speech or text and provide solutions. With healthcare chatbots, people can analyze their symptoms on the go and get guidance as to what level of care they require. They can manage appointments, and medication, educate themselves, and much more using these medical chatbots with just a few taps or simply asking the question at any time. This ease and simplification is raising the acceptance of the best healthcare chatbots, ultimately augmenting the revenue growth of the healthcare chatbots industry globally.
Integration of Advance Technologies to Provide Ample Opportunities – With technological advancements, more and more practitioners are using online channels to provide healthcare services. This created a need for engaging customers efficiently and streamlining the whole process from initial contact to onboarding and diagnosis. Due to the availability of advanced chatbots in the market such as Google Medical AI chatbot, healthcare professionals are performing their duties easily & effectively. There are still ample opportunities for growth & expansion for the leading market players that they can grab through innovation and advancement. Improving accuracy and security can be the first step as people are still hesitant to give their personal information away to Chatbots. Thus, through integrating advanced tools & technologies, market players can take advantage of available market opportunities.
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