Global Healthcare Chatbots Market 2020 is Slated to Witness Tremendous Growth in Coming Years | Leading Players – HealthTap, Inc., Anboto, Sensely, Buoy Health, Inc., Infermedica, Babylon, Baidu, Inc., Ada Health GmbH

This large scale Global Healthcare Chatbots Market report serves with the bigger picture of the marketplace as it studies market and the industry by considering several aspects. This market report gives an absolute background analysis of the industry along with an assessment of the parental market. To achieve sustainable growth in the market, businesses must be well-versed with the specific and most relevant product and market information in the ABC industry. The resources used for collecting data and information that is included in this Global Healthcare Chatbots Market research report are very trustworthy and range from journals, company websites, and white papers etc.

Being professional and comprehensive, this Global Healthcare Chatbots Market report focuses on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. This market document also analyzes the market status, market share, current trends, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. The report clearly explains what market definition, classifications, applications, engagements and market trends are for the industry. This market report provides explanation about the detailed market analysis with inputs from industry experts. The Global Healthcare Chatbots Market analysis report presents data on patterns and improvements, and target business sectors and materials, limits and advancements.

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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Key Market Competitors: Global Healthcare Chatbots Market

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.

Market Definition: Global Healthcare Chatbots Market

A chatbot can be defined as an interactive application that utilizes the artificial intelligence and a set of rules to interact with humans using the textual conversation process. It assists the users in various sectors. Healthcare sector has been an attractive industry for the companies developing chatbot applications for clinicians and patients. For instance, Your.MD platform provides actionable health information which is based on extremely accurate sources and helps the user to make best choices for their health.

Healthcare Chatbots Market Drivers:

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

Healthcare Chatbots Market Restraints:

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

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.

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Segmentation: Global Healthcare Chatbots Market

Healthcare Chatbots Market : By Component

Software
Service

Healthcare Chatbots Market : By Deployment Model

On-premise Model
Cloud-based Model

Healthcare Chatbots Market: By Application

Diagnosis & medical aid
Appointment scheduling

Healthcare Chatbots Market: By End User

Patients
Healthcare Providers
Insurance Companies
Others

Healthcare Chatbots Market: By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

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

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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