Voice AI and its Impact on Patient Engagement Finding Your Voice in Healthcare Speak Up, Get Healthy

Voice Technology in Healthcare Market Assessment worth $ XX Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Voice Technology in Healthcare Market- by Application (Aging/lifestyle Communication, Patient-provider Communication, Physician Notes, Speech & Hearing Difficulty, Development Platforms, Vocal Biomarkers, and Patient Engagement), End-User (Physicians, Patients, and Others (Institutes, etc.)), Trends, Industry Competition Analysis, Revenue and Forecast To 2024-2031."

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According to the latest research by InsightAce Analytic, the global Voice Technology in Healthcare market is valued at US$ XX Billion in 2021, and it is expected to reach US$ XX Billion by 2030, with a CAGR of XX% during a forecast period of 2024-2031.

Voice AI in Healthcare: Transforming Patient Engagement
Artificial intelligence (AI) is revolutionizing healthcare by offering powerful problem-solving and system-enhancing capabilities. Voice technologies embedded with AI are emerging as a game-changer, with the potential to significantly improve healthcare outcomes.

Transforming Access to Health Information
Voice technology is transforming how people interact with healthcare systems. By providing a user-friendly interface, voice assistants can empower patients to access, understand, utilize, and retain health information more effectively. This technology offers a significant improvement over traditional text-based information exchange, particularly for users who face challenges with literacy or navigating complex systems.

Market Growth Drivers
The voice technology in healthcare market is experiencing significant growth fueled by several key factors:
• Rising Consumer Demand for Smart Devices: The growing popularity of smart devices with voice-activated features is creating a strong foundation for the integration of voice technology in healthcare.

• Technological Advancements: The increasing adoption of AI, Internet of Things (IoT), and machine learning in healthcare is creating new opportunities for voice-based healthcare solutions.

• Evolving Virtual Assistant Applications: The development of more sophisticated virtual assistants with advanced capabilities in treatment and diagnostics is driving demand for these technologies within healthcare organizations.

• Financial Considerations: The need for improved cost management in healthcare is fostering interest in voice technology solutions that can streamline workflows and potentially reduce administrative burdens.

• Impact of COVID-19: The COVID-19 pandemic further accelerated the adoption of voice technology in healthcare. The pre-existing rise of voice-enabled devices, coupled with the need for remote interactions, created a fertile ground for this technology to flourish. Voice assistants also proved valuable for therapists managing notes and documentation during a time of increased workload.

Looking Ahead
The future of voice technology in healthcare appears bright. As the technology continues to evolve and integrate seamlessly with healthcare systems, it has the

potential to:
• Enhance Patient Engagement: Voice-based interfaces can empower patients to take a more active role in managing their health.

• Improve Efficiency for Healthcare Professionals: Voice assistants can streamline administrative tasks and free up valuable time for clinicians to focus on patient care.

• Expand Access to Care: Voice technology can bridge the digital divide and make healthcare information and services more accessible to a wider population.

By harnessing the power of voice AI, the healthcare industry can move towards a future of more patient-centered, efficient, and accessible care.

North America is anticipated to be the major contributor to Voice Technology in the Healthcare market over the forecast years. The presence of top rivals, an enhanced infrastructure for healthcare information technology, and practical government efforts are the main causes of this expansion.

The market is projected to be further fueled by increased smartphone usage globally, patient adoption of healthcare applications, and technological advancements in artificial intelligence, deep learning, and machine learning. In addition,

the Asia Pacific Voice Technology in Healthcare market is expected to grow significantly during the forecast period because more businesses are creating speech technologies for healthcare establishments in the area. In the upcoming years, market expansion in the region is anticipated to be boosted by an increase in the adoption of innovative medical devices.

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Major market players operating in the Voice Technology in Healthcare market include
HEALTHYMIZE, Corti, NeuroLex Laboratories, Inc, Orbita, Inc., Pillo, Inc., PeakProfiling, ResApp Health, Sensely, Inc., Sonde Health, Inc., MDOps Corporation, Memory Lane, Kencor Health, Intuition Robotics, Winterlight Labs, Ava, Aural Analytics, Inc., CardioCube, CAREANGEL, Cogito Corporation, Cognoa, conversation health, Canary Speech, LLC, Vocalis Health, VocaliD, Inc., Voiceitt, Kiroku Ltd., Saykara Inc., Sopris Health, and Zealth, Inc.

Recent collaborations and agreements in the market:
• In August 2020, the Voice-enabled survey and data-acquisition platform NeuroLex Labs was purchased by Sonde Health, a leading vocal biomarker technology platform.

• In March 2019, Canary Speech recently published a new patent for their voice-based technology for diagnosing medical disorders under the title "Selecting Speech Features for Building Models For Detecting Medical Conditions.

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Market Segments
Global Voice Technology in Healthcare Market, by Application, 2022-2030 (Value US$ Mn)
• Aging/Lifestyle Communication
• Patient-Provider Communication
• Physician Notes
• Speech & Hearing Difficulty
• Development Platforms
• Vocal Biomarkers
• Patient Engagement

Global Voice Technology in Healthcare Market, by End-User, 2022-2030 (Value US$ Mn)
• Physicians
• Patients
• Others (Institutes, etc.)

Global Voice Technology in Healthcare Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Voice Technology in Healthcare Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Voice Technology in Healthcare Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Voice Technology in Healthcare Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Voice Technology in Healthcare Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Voice Technology in Healthcare Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Voice Technology in Healthcare market
 To receive an industry overview and future trends of the Voice Technology in Healthcare market
 To analyze the Voice Technology in Healthcare market drivers and challenges
 To get information on the Voice Technology in Healthcare market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Voice Technology in Healthcare market industry

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