Skip to main content

Healthcare Chatbot Market 2021 Size, Worldwide Impact of COVID-19 on Industry, Global Industry Demand, Share, Top Players, Industry Size, Future Growth by 2027

 


The global Healthcare Chatbot Market is expected to reach the market valuation of US$ 967.7 million by 2027 expanding at a reasonable CAGR of 21.56% during the forecast period (2021-2027) from US$ 183.3 billion in 2019. The surging prevalence of chronic disease coupled with the rising aging population globally is resulting in the demand for the chatbot in the healthcare sector. As per the National council of aging, approximately 80% of the older adults have at least one chronic disease and about 95% of the healthcare costs in America are attributed to chronic disease.

The various factors driving the healthcare chatbot market include the proliferating internet penetration coupled with the adoption of smartphones. According to GSMA, there are now over 10.22 Billion mobile connections worldwide and approximately 41.54% population was using the internet in 2015, which increased to around 63% in 2020. Moreover, around 48.53% of the global population have smartphones. Therefore, the number of smartphone users globally increased from 2.5 billion in 2016 to 3.5 billion in 2020. Moreover, the need for chatbots owing to several benefits such as time savings, no requirement for visiting healthcare facility every time for appointment and symptom check, etc. acts as the growth catalyst to the market.

Request for Sample of the report browse through - https://univdatos.com/request_form/form/357

A rise in the government spending in healthcare coupled with the healthcare organization’s spending for the adoption of robotics technologies are some of the factors, due to which the market of the healthcare chatbot is witnessing an uptick.  In a survey, it was found that approximately 90% of the healthcare facilities in the United States will use AI and chatbots to save lives and improve their quality of care by 2025. Furthermore, the COVID pandemic has outburst the installation of chatbots in healthcare facilities. Numerous hospitals have adopted the chatbots platform for information. Also, end-users traction for the chatbot due to the fear of the virus and the government’s announcement of the lockdown has positively impacted the market.  Also, the launch of new solutions and services and the end-users traction towards that is intensifying the market growth of the healthcare chatbot.

For a detailed analysis of the components in the Healthcare Chatbot Market browse through https://univdatos.com/report/global-healthcare-chatbots-market:-current-analysis-and-forecast-2020-2027

Based on components type, the market is fragmented into software and services.  The software

segment dominated the market in 2019 accounted for 81.9% and is anticipated to maintain its dominance during the forecast period owing to the launch of numerous software by the prominent players in the market. Also, the new software is being installed across healthcare facilities due to which the market share of the software segment is emerging.

Based on the deployment type, the market is fragmented into the on-premise and on-cloud segment. The on-cloud segment grabbed the major market share and accounted for 69.7% in 2019 and is anticipated to maintain its dominance during the forecast period as well. The market share for the cloud deployment is promulgating owing to the benefits such as hassle-free integrations along with multiple channels, the solution comes up with multiple plans depending on the usage and requirement, etc., However, the on-premise segment is expected to register a growth of 19.7% during the forthcoming years.

For a detailed analysis of the application in the Healthcare Chatbot Market browse through https://univdatos.com/report/global-healthcare-chatbots-market:-current-analysis-and-forecast-2020-2027

The application areas of the healthcare chatbots are Medical Triage, Customer Service and Administration, Mental Health, Health and Fitness, Patient Engagement and Others (Clinical Trials, Medical Reminder, Chatbot in Research, Chatbots in Medical Procedures). The medical triage segment dominated the market and grabbed 37.8% in 2019.  However, the mental health segment is expected to witness the highest growth rate in the coming years due to the surging number of patients with mental illness and other neuron related disorder.

Based on end-user, the market is fragmented into Patients, Providers, Payers, and others. The patients' segment dominated the market and generated revenue of US$ 104.5 million in 2019 owing to the surging prevalence of communicable disease and patients’ preference for the on-line consult, symptom check, and other processes due to the fear of infections. However, the provider segment is expected to witness a CAGR of 20% during 2021-27.  

Additionally, the report provides detailed initiatives that are being taken in the field of healthcare chatbot. The market is classified into distinct regions including North America (the U.S and Canada), Europe (Germany, France, Spain, Italy, and United Kingdom), Asia-Pacific (China, Japan, India, Australia, and South Korea), Middle East, and Africa (Saudi Arabia and UAE), Latin America (Mexico, and Brazil). North America dominated the market and generated revenue of US$ 41.6 million in 2019 owing to the rising geriatric population which prefers the use of chatbots for time savings, hectic schedules, etc. As per the United States Census Bureau, the people of 65+ age would outpace the number of children and reach 23.4% by 2034. However, Asia-Pacific is anticipated to witness the highest CAGR during the forecast period.

For a detailed analysis of the end-user in the Healthcare Chatbot Market browse through https://univdatos.com/report/global-healthcare-chatbots-market:-current-analysis-and-forecast-2020-2027

Baidu, Sensely, Ada Digital Health Ltd, Babylon Health, Tencent, Health Tap, Infermedica, Buoy Health, Your.MD (Healthily) and Woebot Labs are some of the prominent players operating in the global healthcare chatbot market. Several M&A’s along with partnerships have been undertaken by these players to develop healthcare chatbot.

Global Healthcare Chatbot Market Segmentation

Market Insight, by Components Type

  • Software
  • Service

Market Insight, by Deployment

  • On-Premise
  • On-Cloud

Market Insight, by Application

  • Medical Triage
  • Customer Service and Administration
  • Mental Health
  •  Health and Fitness
  • Patient Engagement
  • Others (Clinical Trials, Medical Reminder, Chatbot in Research, Chatbots in Medical Procedures)

Market Insight, by End-User

  • Patients
  • Providers
  • Payers
  • Others

Market Insight, by Region

  • North America
    • United States
    • Canada
    • Rest of North America
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • United Kingdom
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • The Middle East and Africa
    • UAE
    • Saudi Arabia
    • Rest of the Middle East and Africa
  • Latin America
    • UAE
    • Saudi
    • Rest of Latin America

Top Company Profiles

  • Baidu
  • Sensely
  • Ada Digital Health Ltd
  • Babylon Health
  • Tencent
  • HealthTap
  • Infermedica
  • Buoy Health
  • Your.MD (Healthily)
  • Woebot Labs

The Healthcare Chatbots Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.


Labels:
Location: United States

Comments

Post a Comment

Popular posts from this blog

Renewable Energy Certificate Market: Analysis by Size, Share, Growth, Trends & Forecast 2030

  Renewable Energy Certificates: Powering a Sustainable Future The Renewable Energy Certificate (REC) market is surging, expected to reach a value of USD 87.2 billion by 2030 at a CAGR of 26.39%. This growth is fueled by a global shift towards clean energy: Government Policies: Governments worldwide are implementing policies and incentives to promote renewable energy and RECs as a way to achieve sustainability goals. Climate Change Concerns: Growing awareness of climate change is driving demand for cleaner energy sources and RECs as a way to offset carbon footprints. Technological Advancements: Advances in renewable energy technology have made it more cost-effective, reducing REC prices and making them a viable option for businesses and consumers. Sustainability-Conscious Consumers: Consumers are increasingly seeking products and services that align with their eco-friendly values, boosting the voluntary REC mar...
Post a Comment
Read more

Offshore Hydropower Market: Analysis by Size, Share, Growth, Trends & Forecast 2030

  Harnessing the Ocean's Power: Offshore Hydropower Market Poised for Growth The offshore hydropower market is experiencing a surge, projected to reach a value of USD 6.2 billion by 2030 at a CAGR of 7.5%. This growth is driven by a global push for clean energy solutions: Combating Climate Change: Fossil fuels are a major culprit behind climate change. Offshore hydropower offers a clean alternative with minimal carbon footprint during operation. Sustainable Energy Future: By harnessing the vast power of the ocean tides and waves, this technology can play a crucial role in a sustainable energy future. Limited Freshwater Resources: Traditional hydropower dams are geographically restricted. Offshore hydropower offers a solution for island nations and countries with limited freshwater resources. Unlock Insights: Receive a Sample Research Report on the Offshore Hydropower Market: https://univdatos.com/get-a-free-sample-form-p...
Post a Comment
Read more

Generator Sets Market: Analysis by Size, Share, Growth, Trends & Forecast 2027

  Power Up for the Future: Generator Set Market Expected to Surge The generator set market is powering forward, with a projected growth rate of 7.5% to reach a value of USD 40.6 billion by 2030. This surge is fueled by several key trends: Rising Demand for Backup Power: Unreliable power grids and remote locations are driving the need for emergency backup solutions. Companies like Caterpillar are catering to this need with new household and commercial generators. Market Leaders and Trends: Diesel Dominates: Diesel is expected to hold the largest market share due to its stability, high energy density, and efficient fuel consumption. Portables Take Center Stage: Generators below 75 kVA are projected to lead the market, driven by the booming construction industry in regions like India and China. Commercial Boom: The commercial sector is expected to see the fastest growth due to government initiatives promoting...
Post a Comment
Read more