The global Healthcare Chatbots Market is forecasted to be worth USD 594.8 Million by 2027, according to a current analysis by Emergen Research. The healthcare chatbots market is anticipated to expand exponentially over the forecast period. The growth in the demand for chatbots apps is due to the rise in internet penetration and usage of smart wellbeing devices, and increasing awareness of self-monitoring techniques in diagnosis and treatment. The rising need for virtual health assistance is expected to further drive the market growth.
Emergen research latest document, titled ‘Healthcare chatbots market Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global Healthcare chatbots market. The report’s authors have offered necessary details on the latest Healthcare chatbots market trends and the crucial parameters impacting both short-term and long-term market growth.
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Key Highlights From The Report
- In February 2017, in a cash-and-stock deal valued at around USD 36.0 million, Nuance Communications had acquired Noida-based mobile value-added services company mCarbon Tech Innovations. This is a tailored deal for Nuance that will further extend its current Value-Added Services and subscription business services portfolio, which is currently distributed throughout Latin America, Northern America, Europe, and Australia, and boost the carriers’ services in India, Africa, and Southeast Asia.
- During the forecast timeframe, the software segment is expected to dominate the market with a CAGR of 20.5%. The growth of diverse applications for patients and health care providers is expected to fuel segmental growth.
- Over the forecasted period, the healthcare provider segment accounted for the largest market with a CAGR of 20.5%. Significant medical records, such as patient information, hospital inventory, billing records, and patient medical records, are managed by healthcare facilities. Increasing patient flows in hospitals and clinics will create tremendous demand for healthcare chatbot appli
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The purpose of the global Healthcare chatbots market research report is to provide substantial information about key segments and the competitive landscape of the Healthcare chatbots market report. The report comprises an analysis of the Healthcare chatbots market, regional bifurcation, competing factors, and other crucial segments. The report aims to provide a determining analysis of the market competition to help the user make pivotal business decisions.
Main Objectives of the Healthcare chatbots market Report:
- To screen and identify opportunities and limitations for the Healthcare chatbots market on a global level
- To provide information about factors driving or restraining the market growth
- Analysis of the competitive players of the market along with the company overview, product portfolios, and revenue estimation
- To provide insight into the Healthcare chatbots market size and future prospects based on regional bifurcation
- To provide a detailed analysis of the market segments and sub-segments of the global Healthcare chatbots market
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The report further offers an in-depth analysis of the key competitors of the market along with their product portfolio, financial standing, production and manufacturing capacity, expansion plans, strategic alliances such as mergers and acquisitions, and market position.
Emergen Research has segmented the global Healthcare Chatbots Market on the basis of deployment, component, application, end-user, and region:
- Deployment Outlook (Revenue, USD Million; 2017-2027)
- Cloud-based
- On-premise
- Component Outlook (Revenue, USD Million; 2017-2027)
- Services
- Software
- Application Outlook (Revenue, USD Million; 2017-2027)
- Appointment Scheduling & Medical Guidance
- Symptom checking & Medication Assistance
- End-User Outlook (Revenue, USD Million; 2017-2027)
- Healthcare Providers
- Patients
- Insurance Companies
- Others
According to the regions, the market is primarily segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further predicts the regions expected to dominate the market in the upcoming years and provides an insight into the estimated share and CAGR for the forecast period.
The Global Healthcare chatbots market is formulated through extensive primary and secondary research, which is further validated and verified by industry experts and professionals. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. Moreover, the report also offers a feasibility study and investment return analysis to assist the readers in making strategic investment plans.
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