Global Healthcare Chatbots Market Is Projected To Witness Vigorous Expansion By 2026 | HealthTap, Inc., Anboto, Sensely, Buoy Health, Inc., Infermedica, Babylon, Baidu, Inc

Data Bridge Market Research has recently added a concise research on the Global Healthcare Chatbots Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. The development plans, market risks, opportunities and development threats are explained in detail. The CAGR value, technological development, new product launches and Industry competitive structure is elaborated. As per study key players of this market are HealthTap, Inc., Anboto, Sensely, Buoy Health, Inc., Infermedica, Babylon, Baidu, Inc., Ada Health GmbH

The market analysis and insights covered in this Global Healthcare Chatbots Market business document offers key statistics on the market status of global and regional manufacturers and is an imperative source of guidance which provides exact direction to the companies and individuals interested in the industry. This report contains a bottomless knowledge and information on what the market’s definition, classifications, applications, and engagements are and also explains the drivers and restraints of the market which is derived from SWOT analysis. The important highlights of this market report are key market dynamics, current market scenario and future prospects of the sector.

Market Analysis: Global Healthcare Chatbots Market

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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Unlock new opportunities in Global Healthcare Chatbots Market; the latest release from Data Bridge Market Research highlights the key market trends significant to the growth prospects, Let us know if any specific players or list of players needs to consider to gain better insights.

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.

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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

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

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.

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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