Global healthcare chatbots market is expected to rise from its initial estimated value of USD 122.0 million in 2018 to an estimated value of USD 542.3 million by 2026 registering a CAGR of 20.5% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising adoption of smart device and increasing connectivity.
Healthcare chatbots market research report describes all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands that are driving the market with the systemic company profiles. The market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa are kept into focus while producing this global market report. The healthcare chatbots market report makes your organization armed with information produced by sound research methods. Simplicity maintained in research method and application of best tools and techniques makes this healthcare chatbots market research report an exceptional.
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Few of the major market competitors currently working in the healthcare chatbots market are HealthTap, Inc., Anboto, Sensely, Buoy Health, Inc., Infermedica, Babylon, Baidu, Inc., Ada Health GmbH, PACT Care BV, Woebot, GYANT.COM, Inc., Creative Virtual, Your.MD, Synthetix Ltd., Next IT Corp., CX Company, Inbenta Technologies Inc., eGain, Nuance Communications, Inc. and eCreations.
Key Developments in the Market:
- In June, 2018, Bupa entered into a strategic partnership with Babylon to offer artificial intelligence powered health services to its corporate clients. This strategy would help the company to enhance its customer base.
- In July, 2017, Baidu acquired Kitt.ai to provide developers a platform for building chatbots based on NLP and AI technology. This would help in the development of the company and also would expand their customer base,
The global healthcare chatbots market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of healthcare chatbots market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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- Rising demand for virtual health assistance is a major factor leading to industry growth
- Constant innovations and technological developments in the industry will act as a major market driver
- Increasing concerns related to data privacy is acting as a major restraint for the market
- Lack of knowledge for chatbot development will also hamper the market demand
Segmentation: Global Healthcare Chatbots Market
- By Component
- By Deployment Model
- On-premise Model
- Cloud-based Model
- By Application
- Diagnosis & medical aid
- Appointment scheduling
- By End User
- Healthcare Providers
- Insurance Companies
- By Geography
- North America
- South Americ
- Middle East and Africa
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