Healthcare Chatbots Market Will Register at a CAGR of 20.8% by 2023| Leading Players Your.MD, HealthTap, Inc., Sensely, Inc., Buoy Health, Inc., Infermedica

Healthcare Chatbots Market research report has been produced with the systematic gathering of market information for the Healthcare industry. All this information is supplied in such a way that it properly gives an explanation of various facts and figures to the business. The market data provided in this report helps to discover diverse market opportunities present worldwide for the Healthcare industry. This report gives accurate information about market trends, industrial changes, consumer behaviour, etc. Taking up such a market research report is always very advantageous for any company, whether it is a small scale or large scale, for marketing of products or services. Analytical study of Healthcare Chatbots Market report helps in mapping growth strategies to increase sales and build brand image in the market.

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Healthcare Chatbots Market by Component (Software, Service), Deployment Model (Cloud, On-Premise), Application (Symptom Check, Medical Assistance, Appointment Booking), End User (Patient, Healthcare Providers, Insurance Companies) - Global Forecast to 2023

List of companies profiled in the Healthcare Chatbots Market report

Your.MD (UK)
HealthTap, Inc. (US)
Sensely, Inc. (US)
Buoy Health, Inc. (US)
Infermedica (Poland)
Babylon Healthcare Service Limited (UK)
Baidu, Inc. (China)
Ada Digital Health Ltd. (Germany)
PACT Care BV (Netherlands)
Woebot Labs, Inc. (US)
GYANT.Com, Inc. (US)

The rising Internet connectivity and adoption of smart devices and the need for virtual assistance are factors driving the market. However, concerns regarding data privacy, lack of expertise for chatbot development, and lack of awareness pose a significant challenge to the market growth.

“By application, the appointment scheduling & medical guidance segment is expected to grow at a higher CAGR during the forecast period.”

By application, the healthcare chatbots market is segmented into symptom checking & medication assistance and appointment scheduling & medical guidance. The symptom checking & medication assistance segment is expected to lead the market in 2018. The appointment scheduling & medical guidance segment is expected to grow at a higher CAGR during the forecast period as compared to the symptom checking & medication assistance segment, mainly due to the growing usage of healthcare chatbots by hospitals and clinics.

“North America to witness high growth during the forecast period.”

In 2018, Europe is estimated to account for the largest share of the market, followed by North America. However, North America is expected to register the highest CAGR during the forecast period. The high growth in North America can beattributed to the growing number of therapy chatbots, rising adoption of smart devices, and growth in venture capital investments to developadvanced chatbots.

The primary interviews conducted for this report can be categorized as follows:

By Company Type: Tier 1 – 28%; Tier 2 -12%; Tier 3 -60%.
By Designation: C-level- 23%; D-level- 25%; others--52%.
By Region: North America-59%; Europe-14%;Asia-22%; RoW-5%.

Research Coverage:

The report provides an overview of the healthcare chatbots market. It aims at estimating the market size and growth potential of this market across different segments such as component, deployment model,application, end user, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in the healthcare chatbots market with closest approximations of revenues for the overall market and its sub segments.This report will help stakeholders understand the competitive landscape better and gain insights to position their businesses and help companies adopt suitable go-to-market strategies. The report also will help stakeholders understand the pulse of the market and provide them with information regarding key market drivers and opportunities.

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Secondary Data
2.1.1 Key Data From Secondary Sources
2.2 Primary Data
2.2.1 Key Data From Primary Sources
2.2.2 Key Industry Insights
2.3 Market Size Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Healthcare Chatbots: Market Overview
4.2 Healthcare Chatbots Market, By Component, 2018 vs 2023
4.3 Healthcare Chatbots Market, By Deployment Model, 2018 vs 2023
4.4 Geographic Analysis: European Healthcare Chatbots Market, By End User and Region (2018)
4.5 Geographic Snapshot: Healthcare Chatbots Market (2018-2023)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Internet Connectivity and Smart Device Adoption
5.2.1.2 Company Initiatives to Boost the Use of Healthcare Chatbots
5.2.1.3 Need for Virtual Health Assistance
5.2.2 Opportunities
5.2.2.1 Social Media Platform-Oriented Chatbots
5.2.2.2 Cloud-Based Models
5.2.3 Challenges
5.2.3.1 Concerns Regarding Data Privacy
5.2.3.2 Lack of Expertise for Chatbot Development
5.2.3.3 Lack of Awareness and Misconceptions

6 Healthcare Chatbots Market, By Component
6.1 Introduction
6.2 Software
6.3 Services

7 Healthcare Chatbots Market, By Deployment Model
7.1 Introduction
7.2 On-Premise Model
7.3 Cloud-Based Model

8 Healthcare Chatbots Market, By Application
8.1 Introduction
8.2 Symptom Checking & Medication Assistance
8.3 Appointment Scheduling & Medical Guidance

9 Healthcare Chatbots Market, By End User
9.1 Introduction
9.2 Patients
9.3 Healthcare Providers
9.4 Insurance Companies
9.5 Other End Users

10 Healthcare Chatbots Market, By Region
10.1 Introduction
10.2 Europe
10.2.1 UK
10.2.2 Germany
10.2.3 France
10.2.4 Rest of Europe
10.3 North America
10.3.1 US
10.3.2 Canada
10.4 Asia
10.5 Rest of the World

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis
11.3 Competitive Scenario
11.3.1 Agreements and Partnerships
11.3.2 Product Launches
11.3.3 Acquisitions
11.3.4 Expansions
11.3.5 Other Developments (Venture Capital Investments)

12 Company Profiles

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