openPR Logo
Press release

Global Market Analysis on Vocal Biomarker Offering Trends, Share, Size, Growth Until the End of 2027 || Top Market Participants- Beyond Verbal Communication, Ltd., Sonde Health, IBM Corporation, Cogito Corporation, US Cargo Control

12-07-2018 09:00 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Fact.MR has published a new research report titled “Vocal Biomarker Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2027” to its online database that tries to unveil the various scenarios prevailing in the Vocal Biomarker Market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the Vocal Biomarker Market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers during the stated forecast period. 

Request For Free Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=719

According to a recent research analysis, sound vibrations, which were employed as therapeutic healing for mental health conditions, are now witnessing application into various disease diagnostics including psychiatric and cardiovascular ailments. Post-successful execution of clinical trials, HIPAA-compliant vocal biomarkers are set to serve as effective alternatives to currently available disease diagnostic systems such as CT scan, MRI and X-ray.

Prominent voice-based companies such as IBM Corporation, Cogito Corporation, Audio Profiling, Sonde Health, and Beyond Verbal are focusing on sampling data for providing accurate results. For example – Beyond Verbal has been taking immense research efforts on vocal biomarkers and has compiled over 2.5 Mn samples of voice in more than 40 different languages.

Site Management by CROs Essential for Ensuring Vocal Biomarker Clinical Trails’ Success

Contract research organizations (CROs) are likely to spearhead the global vocal biomarker market, in terms of revenues as well as growth rate. Given the expanding range of voice-assistant, health-related applications, life sciences and healthcare organizations have commenced designing an array of scenarios to deploy voice assistant platforms in clinical trial settings. Integration of these platforms in the research for vocal biomarkers has the potential to address specific drawbacks in current clinical trial environment.

CROs are essential and play a key role in ensuring the clinical trials’ success through proper site management. Accurate level of site management & oversight prompts site to effectively recruit, train, and retain subjects, meanwhile ensuring overall management of subjects, protocol adherence, and regulatory compliance. CROs help in maintaining and improving the communication flow, thereby reducing protocol deviations & violations, and addressing data issues & queries. These benefits of CROs also effectively apply to quality and integrity of clinical trials apropos of vocal biomarkers.

Leveraging Product Development to Enhance Collaboration

Product development prevails as an imperative strategy driving collaborating between leading companies and research institutes across various sectors, and healthcare is no exception, Apropos of vocal biomarkers, Beyond Verbal has developed “Beyond mHealth Research Platform”, which aims at collaborating with universities, businesses, hospitals, and research institutes for collectively developing unique vocal biomarkers.

Another leading player, Sonde Health Inc., has introduced voice-based technology platform that enables diagnosing and monitoring various conditions and diseases. The company has collaborated with Massachusetts Institute of Technology (MIT) for licensing the technology. Such collaborations and developments will lead to better solutions and more accurate results for patients. It will further encourage researchers and institutions worldwide in collecting voice data for disease diagnostics and improving outcome of patients.

Browse Full Report with TOC @ https://www.factmr.com/report/719/vocal-biomarker-market

Virtual Private Assistants Enabling Voice-based Emotion Detection

Current digital world is making rapid transformations in the way people interact with technology and one another, with virtual private assistants taking on a personalized experience. As virtual private assistants such as Amazon’s Alexa become more popular & useful and smarter, developers are focusing on providing them with additional tools that enable recognizing emotions. A prime example of such development is the cloud-based API engine by Beyond Verbal, which integrates with the virtual private assistants (VPAs).

The aim of Beyond Verbal’s project is to enhance the sensitivity of one’s connected home. Focus of this cloud-based API engine is directed toward eliminating VPAs’ emotional blind spots, given that the vocal intonations in human communication represent 35-40% of emotions conveyed. Future developments of vocal biomarkers is likely to enable VPAs analyze voice for the specific health conditions, providing unique insights into remote health monitoring and personalized tech.

A recently compiled report of Fact.MR envisages the global vocal biomarker market to record a spectacular 23.3% CAGR between the forecast period 2018 and 2027. Revenues from global sales of vocal biomarkers are foreseen to surpass US$ 390 Mn by 2027-end. Beyond Verbal, Sonde Health, IBM Corporation, and other leading participants operating in the global vocal biomarker market have been profiled and analyzed in detail in the report.

Non-invasiveness of Vocal Biomarker in Psychiatric Disorder Diagnostics in Sync with Self-diagnosis’ Upward Trend

Sound vibrations have been employed as biomarkers for diagnosing psychiatric disorders such as depression and anxiety. Similar distinctive features, known as vocal biomarkers, have been recently discovered by scientists that might pose a massive influence on developing a diagnostic tool. Additionally, latest research analyses have greatly impacted application of vocal biomarkers in diagnosing psychiatric ailments ranging from stress to Parkinson’s disease.

Unlike other conventional and minimally invasive technologies such as ECG and MRI, which are impracticable for remote health monitoring on account of their high costs, vocal biomarkers serve as non-invasive diagnostic tools that provide great ease to patients with psychiatric disorders. Moreover, these significant user-friendly tools fall perfectly in line with the upward trend of self-diagnosis, which in turn has considerably fuelled their demand across the globe. Psychiatric disorders are likely to remain the leading indication in the global vocal biomarker market, with revenues estimated to rake in approximately US$ 130 Mn by 2027-end.

Table of Content:

Global Vocal Biomarker Market – Executive Summary
Global Vocal Biomarker Market Outlook Overview
2.1. Introduction
2.2. Market Definition
2.3. Vocal Biomarker Market- Opportunity Assessment (US$ Mn)
2.4. Trends and Developments
2.5. Competitive Analysis (Fortune Wheel)
Market Dynamics
3.1. Key Growth Drivers
     3.1.1. Drivers
     3.1.2. Restraints
       3.1.3. Opportunities
       3.1.4. Trends
3.2. Supply Chain
3.3. Cost Structure
3.4. Forecast Scenario
3.5. Forecast Factors and Relevance of Impact
3.6. Key Takeaways for Vocal Biomarker Market
3.7. Epidemiology
3.8. Investment Feasibility Matrix
3.9. PEST Analysis
3.10. Product Life Cycle Analysis
3.11. Competition Footprint Matrix
3.12. Porter's Five Forces Analysis
3.13. Key Participants Market Presence (Intensity Map) By Region
Continued……………

Have Any Query? Discuss with Our Expert Team @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=719

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Read Industry News at- https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Market Analysis on Vocal Biomarker Offering Trends, Share, Size, Growth Until the End of 2027 || Top Market Participants- Beyond Verbal Communication, Ltd., Sonde Health, IBM Corporation, Cogito Corporation, US Cargo Control here

News-ID: 1424289 • Views:

More Releases from Fact.MR

Global Instant Coffee Market Forecasted to Reach $69.2 Billion by 2033
03-28-2024 | Food & Beverage
Fact.MR
Global Instant Coffee Market Forecasted to Reach $69.2 Billion by 2033
The global instant coffee market is expected to grow rapidly, with a compound annual growth rate (CAGR) of 5% between 2023 and 2033. According to Fact.MR, a prominent provider of market research and competitive information, global demand for instant coffee is predicted to increase, reaching US$ 69.2 billion by the end of 2033. Instant coffee is a quick and practical alternative, requiring just the addition of an instant coffee sachet to
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
03-28-2024 | Sports
Fact.MR
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
The global ice skating equipment market garnered a market value of US$ 6.87 Billion in 2022 and is expected to accumulate a market value of US$ 16.26 Billion by registering a CAGR of 9% in the forecast period 2023-2033. Ice skating is a popular activity observed in numerous snow-clad regions around the world, serving various purposes including exercise, leisure, and excitement. This recreational pursuit can occur in specially prepared ice arenas
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2032
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2 …
The barcode software market is predicted to grow at a moderate CAGR of 6.3% over the forecast period of 2022 to 2032. The barcode software market is estimated to achieve a net worth of about US$ 1.4 Billion in the year 2032, improving from US$ 694.9 Million recorded in 2021. For more insights into the Market, Get A Sample of this Report! https://www.factmr.com/connectus/sample?flag=S&rep_id=7368 The barcode software market emerges as a crucial enabler of
Hardware Acceleration is forecasted to accelerate at a commendable CAGR of 51% from 2023 to 2033
Hardware Acceleration is forecasted to accelerate at a commendable CAGR of 51% f …
The global hardware acceleration market stands at US$ 2.87 billion in 2023. Worldwide demand for hardware acceleration technology is projected to skyrocket at a CAGR of 51% and reach a market value of US$ 177 billion by 2033. Hardware acceleration refers to the use of specialized hardware components to perform specific tasks more efficiently than general-purpose processors. This technology has gained significant traction across various industries due to its ability to

All 5 Releases


More Releases for Vocal

Mobile Vocal Booths Market Set for Rapid Growth and Trend by 2021-2027 | Vocal B …
This Mobile Vocal Booths market report provides a comprehensive overview of the major aspects that will drive market growth, such as market drivers, constraints, prospects, opportunities, restraints, current trends, and technical & industrial advancements. Industry detailed study, development and enhancement in industrial sector, and new product launches portrayed in this Mobile Vocal Booths market report are of extraordinary assistance for the new significant business market players entering into the market.
Therapeutic Singing and Vocal Rehabilitation by Deborah Hudson
Therapeutic Singing Classes with Deborah Hudson We all know that singing generally is both good for the soul and good for our health. Choir singing in particular can make an awful lot of people very happy. Breathing and heart beats synchronise. The sheer joy of sharing music is transformative for all concerned. But supposing you lack the self-belief even to get to the point of thinking you can one day join a
Global Vocal Biomarkers Market
The Global Vocal Biomarkers Market is estimated to be valued at US$ 6.4 million by 2017 and is projected to expand at an astounding CAGR of 65.7% from 2017 to 2028, as analyzed by Coherent Market Insights. Vocal biomarkers enabling early diagnosis and being a non-invasive procedure are analyzed to be major factor fueling uptake of this disruptive technology over the forecast period (2017–2028). Mental and physical conditions such as anxiety
Vocal Biomarkers Market - Global Industry Analysis 2024
Vocal Biomarkers – Listening in to Your Body Sound vibrations are used as part of therapeutic healing for various mental health conditions such as depression and anxiety. Recent research studies, however, have greatly broadened its application into diagnosis of diseases. Biomarkers in the voice of a person have been linked to disorders such as depression, coronary artery disease, and anxiety. On successful completion of clinical trials, HIPAA compliant vocal biomarker system
Global Vocal Biomarkers Market to Grow Globally
A person’s voice can serve as an extremely useful tool in identifying the temperament and presence or risk of any disorders such as depression, Parkinson’s disease, and coronary artery disease. Factoring this, scientists from research institutes and companies (dealing with voice and speech technology) are partnering to identify vocal biomarkers that can aid in accurate diagnosis of diseases. Vocal biomarkers technology could be a disruptive innovation in the field of
Vocal Biomarkers Market - Global Industry Analysis 2024
A person’s voice can serve as an extremely useful tool in identifying the temperament and presence or risk of any disorders such as depression, Parkinson’s disease, and coronary artery disease. Factoring this, scientists from research institutes and companies (dealing with voice and speech technology) are partnering to identify vocal biomarkers that can aid in accurate diagnosis of diseases. Vocal biomarkers technology could be a disruptive innovation in the field of