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Healthcare Chatbots Market Growing At High CAGR By 2025: Your.MD, HealthTap, Inc., Sensely, Buoy Health, Inc., Infermedica, Babylon, Baidu, Ada Health

May 23, 2019 10:01 PM ET

The healthcare chatbots market is anticipated to grow in the forecast period owing to driving factors such as increasing internet connectivity and smart device adoption, company initiatives to boost the use of healthcare chatbots, and need for virtual health assistance. The market is likely to showcase opportunities for the social media platform-oriented chatbots and cloud-based models.

 

The report analyzes factors affecting healthcare chatbots market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the healthcare chatbots market in these regions.

 

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Chatbot is a computer program designed to stimulate conversation of human beings through text or voice interactions. Healthcare chatbots are programs that assist patients with queries. This decreases the burden on the clinical staff. Automation of various workflow processes in the healthcare sector is likely to propel the demand for these virtual assistants. The chatbots ecosystem has numerous cross-linking features, for performance enhancement in different applications. 

 

The key players operating in the healthcare chatbots market include, Your.MD, HealthTap, Inc., Sensely, Buoy Health, Inc., Infermedica, Babylon, Baidu, Ada Health GmbH, Woebot Labs, Inc., and GYANT.COM, INC. among others.

 

North America is expected to contribute to the largest share in the healthcare chatbots market in the forecast period owing to the rising number of therapy chatbots, increasing adoption of smart devices, and growth in venture capital investments to develop advanced chatbots. Asia Pacific is expected to be the fastest growing region due to growing awareness and increasing number of healthcare infrastructure.

 

The report analyzes factors affecting healthcare chatbots market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the healthcare chatbots market in these regions.

 

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global healthcare chatbots market based on component, deployment, application, and end user. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The healthcare chatbots market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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