Press release
Global Healthcare Chatbots Market Massive Industry Developments and Key Strategies By 2026: Key Players are HealthTap, Baidu, Inc., Nuance Communications, eGain Corporation, Sensely, Babylon Health, Buoy Health, Creative Virtual, Your.MD, Inbenta, Anboto
Global Healthcare Chatbots Market Reveue Analysis
The 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.
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Market Drivers: Global Healthcare Chatbots Market
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
Market Restraints: Global Healthcare Chatbots Market
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
Software
Service
By Deployment Model
On-premise Model
Cloud-based Model
By Application
Diagnosis & medical aid
Appointment scheduling
By End User
Patients
Healthcare Providers
Insurance Companies
Others
By Geography
North America
Europe
Asia-Pacific
Middle East and Africa
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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
Competitive Analysis: Global Healthcare Chatbots Market
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.
Key Market Competitors: Global Healthcare Chatbots Market
HealthTap, Baidu, Inc., Nuance Communications, eGain Corporation, Sensely, Babylon Health, Buoy Health, Creative Virtual, Your.MD, Inbenta,
Infermedica, Anboto, Synthetix, Next IT, CX Company, Woebot Labs Inc, GYANT, Baidu USA, Pact Care BV, eCreations LLC and others.
Reasons to Purchase this Report:
Current and future of global healthcare chatbots market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
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