Healthcare Chatbots Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Chatbots, also known as talk bots, are AI-powered self-service virtual employees that are programmed to provide consumers with a personalised virtual assistant. Healthcare chatbots are designed to help people with medical issues. Pre-calculated sentences in the form of messages are used to carry out the dialogue. Users can use these chatbots to track symptoms, find hospitals, and schedule appointments using cloud-based or on-premise software. Chatbots can be combined with a range of technologies, including mobile devices, web browsers, and other apps, to relieve medical professionals of their duties and allow them to focus on their responsibilities.

MARKET SCOPE

The "Global Healthcare Chatbots Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the healthcare chatbots market with detailed market segmentation by component, deployment model, application and end user. The report provides key statistics on the market status of the leading healthcare chatbots market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on component the market is segmented as, software and service.
  
•   Based on deployment model the market is segmenetd as, cloud, on-premise.
  
•   Based on application the market is segmented as symptom check, medical assistance, appointment booking.
  
•   Based on end user the market is segmented as, patient, healthcare providers, insurance companies.
  

MARKET DYNAMICS

Drivers:

•   Growing penetration of IT and adoption of smart devices in healthcare is the key driving factor for the market growth.
  
•   Increasing adoption of AI and rising demand for virtual healthcare is also expected to spur market growth.
  
•   Technological breakthrough in healthcare systems such as adoption of wireless devices, smart health solutions, machine learning are likely to create significant opportunities for the market.
  

Restraints:

•   However, the lack of security standards and danger of data loss are likely to restrain market growth during the forecast period.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The healthcare chatbots market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting 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 America after evaluating political, economic, social and technological factors affecting the healthcare chatbots market in these regions.

IMPACT OF COVID-19ON HEALTHCARE CHATBOTS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the healthcare chatbots market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from healthcare chatbots market are anticipated to lucrative growth opportunities in the future with the rising demand for healthcare chatbots in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the healthcare chatbots market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Your.MD Ltd. UK
  
•   Healthtap, Inc.
  
•   Sensely, Inc.
  
•   Buoy Health, Inc
  
•   Infermedica
  
•   Babylon
  
•   GYANT.Com, Inc
  
•   Ada Health GmbH
  
•   PACT Care BV
  
•   Woebot Health
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Healthcare Chatbots Report Scope