Healthcare Chatbots Market Trends 2023- Global Industry Share, Demand, Latest Technology, Challenges, Future Growth Opportunities and Forecast Analysis till 2033: SPER Market Research.
Chatbots are computer software that assist humans and artificial intelligence in having interactions. Chatbots engage with users through text or audio output. The communication is carried out through the use of messages, which are pre-calculated sentences. Patients can use these chatbots to locate clinics, schedule appointments, and assess symptoms. They can be either cloud-based or on-premises. Furthermore, healthcare payers utilize healthcare chatbots to build connection with potential consumers.
According to SPER market research, Healthcare Chatbots Market Size– By Component, Deployment Model, By Application, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Healthcare Chatbots Market is predicted to reach USD 0.89 billion by 2033 with a CAGR of 14.71%.
There are various growth drivers that driving the market growth. The popularity of smartphones and mobile platforms, as well as the increase in Internet connectivity, are some of the factors that will determine the acceptability and implementation of chatbots. As a result, a greater number of clients now have access to healthcare services, thus expanding their reach. Approximately 52% of smartphone users use apps to find medical information, 36% of doctors believe apps are the greatest way to communicate with patients, and 93% of doctors believe apps can enhance health, according to research from Anthem Insurance Companies, Inc. (US) released in May 2017. In the healthcare sector, smart devices with advanced chatbot capabilities solve a lot of mission-critical communication issues.
There are certain obstacles impeding the market’s expansion. Data privacy is one of the key issues that is anticipated to restrict the expansion of the global healthcare chatbots market. Chatbots for healthcare provide a number of advantages to patients and medical professionals. However, in situations where it is not properly stored, the data that the chatbots gather is susceptible to assaults. For example, poor coding, inexperienced personnel, and lax security could all lead to data privacy problems. Due to a chatbot’s weakness, extremely private and sensitive customer data may be hacked.
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Impact of COVID-19 on Healthcare Chatbots Market
Chatbot usage in the medical field has increased since the outbreak. The World Economic Forum reports that more than a thousand COVID-19-specific chatbots have been developed solely with Microsoft’s chatbot creation tool. In May 2021, Sapio Analytics and the Indian government announced the launch of the SUTRA smart chatbot, which helps COVID-19 patients find nearby confirmed plasma donors and medical facilities. For those who don’t have access to digital platforms and networks or who reside in remote areas, a chatbot was developed.
Healthcare Chatbots Market Key Player
Furthermore, North America represented the largest healthcare chatbots market share in 2018 and is likely to maintain this trend due to the ease of access to healthcare chatbots services. Furthermore, high patient wait times lead to the expansion of the global healthcare chatbots market in North America. On the other hand, Asia-Pacific is expected to expand the fastest over the projected period due to an increase in knowledge about the use of healthcare chatbots. The ever-changing life science industry promotes market expansion across emerging economies such as China, India, Malaysia, and others. Additionally, some of the market key players are Intermediacy Sp. z o.o, Buoy Health, Inc, PACT Care B.V, GYANT.Com, Inc, Microsoft, Sense.ly Inc, Ada Digital Health Ltd, Babylon Healthcare Service Limited, Ariana.
Healthcare Chatbots Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
By Component: Based on the Component, Global Healthcare Chatbots Market is segmented as; Software, Service.
By Deployment Model: Based on the Deployment Model, Global Healthcare Chatbots Market is segmented as; Cloud, On-Premise, Others.
By Application: Based on the Application, Global Healthcare Chatbots Market is segmented as; Symptom Check, Medical Assistance, Appointment Booking, Others.
By End User: Based on the End User, Global Healthcare Chatbots Market is segmented as; Patient, Healthcare Providers, Insurance Companies, Others.
By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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Healthcare Chatbots Market Growth Opportunity
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