Published :
Tables : 66
Figures : 47
Category : Healthcare
No. of Pages : 232
Report Code : HC-U3299
Healthcare Chatbots Market is poised to value over USD 340 million by 2027 end with a CAGR of over 20.5% during the forecast period 2020 to 2027. Rising number of patient population across the world, increasing adoption of mobility solutions in healthcare settings, rising demand for virtual health assistance are some of the crucial factors contributing to the growth of the market. Furthermore, the emergence of cloud-based architecture and the introduction of chatbots based on social media platforms shall provide lucrative opportunities for the healthcare chatbots market growth. However, with issues pertaining the privacy of data, lack of professionals for developing chatbots and lack of awareness posing some challenges, the market is likely to experience some impediment in the growth. Increased connectivity of the internet and the rising acceptance of mobile platforms has played an important role in the easy integration of chatbots in the healthcare systems. As per the statistics provide by the Anthem Insurance Companies Inc., over 45% of smartphone users collect health related data using mobile applications while over 30% of doctors say that mobile applications have created an effective platform for patient engagement. Healthcare chatbots play a crucial role in identifying symptoms of a patient which helps them in providing appropriate health diagnosis, scheduling appointments with the concerned specialist, etc. The primary task of insurance companies is to access medical information in guiding employees and clients for obtaining proper medical care, thereby avoiding any unwanted medical expenses. This has increased the demand for healthcare chatbots for analysing the medical expenses of patients. This provides lucrative opportunities for chatbot developers in expanding their consumer base which shall boost the growth of the market. Market Segmentation: By Component • Software • Services By Deployment Model • On-premise Model • Cloud-Based Model By Application • Symptom Checking and Medication Assistance • Appointment Scheduling and Medical Guidance By End User • Healthcare Providers • Healthcare Payers • Patients By Region • North America • Europe • Asia-Pacific • Latin America • Middle East and Africa The market is bifurcated into component, deployment model, application, end user and region. The component segment is categorised into software component and services component. The software segment is poised to hold the largest healthcare chatbots market share owing to rising demand for maintaining healthcare data collected by these chatbots by providing appropriate security with the help of advanced software components. The deployment model is divided into on premise model and cloud-based model. The cloud-based model is predicted to lead the market during the forecast period due to the introduction of cloud computing in a variety of applications and industries like healthcare. The application segment is fragmented into symptom checking and medication assistance and appointment scheduling and medical guidance. The symptom checking and medication assistance is anticipated to lead the market owing to the to increase penetration of internet connection and increased smartphone users using the healthcare apps. Regional Analysis: The North America region is expected to lead the market owing to the increased adoption of mobility solutions in healthcare systems, rising demand for virtual assistance, increased disposable income and heavy investments in the research and development of advanced healthcare chatbots. Competitive Landscape: Some of the prominent players are Infermedica, Sensely, Inc., Ada Digital Health, Ltd., Babylon Healthcare Services Limited, HealthTap, Inc., Your.MD Limited, Baidu Inc., Buoy Health, Inc., Woebot Labs, Inc., and GYANT.COM, INC. FutureWise Key Takeaways: • Growth prospects • SWOT analysis • Key market trends • Key data-points affecting market growth Objectives of the Study: • To provide with an exhaustive analysis on the global healthcare chatbots market by component, by deployment model, by application, by end user and by region • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) • To evaluate and forecast micro-markets and the overall market • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa • To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions Flexible Delivery Model: • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement • The customization Mobility Care offered are free of charge with purchase of any license of the report • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com
Rising number of patient population across the world, increasing adoption of mobility solutions in healthcare settings, rising demand for virtual health assistance are some of the crucial factors contributing to the growth of the market. Furthermore, the emergence of cloud-based architecture and the introduction of chatbots based on social media platforms shall provide lucrative opportunities for the healthcare chatbots market growth. However, with issues pertaining the privacy of data, lack of professionals for developing chatbots and lack of awareness posing some challenges, the market is likely to experience some impediment in the growth. Increased connectivity of the internet and the rising acceptance of mobile platforms has played an important role in the easy integration of chatbots in the healthcare systems. As per the statistics provide by the Anthem Insurance Companies Inc., over 45% of smartphone users collect health related data using mobile applications while over 30% of doctors say that mobile applications have created an effective platform for patient engagement. Healthcare chatbots play a crucial role in identifying symptoms of a patient which helps them in providing appropriate health diagnosis, scheduling appointments with the concerned specialist, etc. The primary task of insurance companies is to access medical information in guiding employees and clients for obtaining proper medical care, thereby avoiding any unwanted medical expenses. This has increased the demand for healthcare chatbots for analysing the medical expenses of patients. This provides lucrative opportunities for chatbot developers in expanding their consumer base which shall boost the growth of the market.
Market Segmentation:
By Component • Software • Services By Deployment Model • On-premise Model • Cloud-Based Model By Application • Symptom Checking and Medication Assistance • Appointment Scheduling and Medical Guidance By End User • Healthcare Providers • Healthcare Payers • Patients By Region • North America • Europe • Asia-Pacific • Latin America • Middle East and Africa
The market is bifurcated into component, deployment model, application, end user and region. The component segment is categorised into software component and services component. The software segment is poised to hold the largest healthcare chatbots market share owing to rising demand for maintaining healthcare data collected by these chatbots by providing appropriate security with the help of advanced software components. The deployment model is divided into on premise model and cloud-based model. The cloud-based model is predicted to lead the market during the forecast period due to the introduction of cloud computing in a variety of applications and industries like healthcare. The application segment is fragmented into symptom checking and medication assistance and appointment scheduling and medical guidance. The symptom checking and medication assistance is anticipated to lead the market owing to the to increase penetration of internet connection and increased smartphone users using the healthcare apps.
Regional Analysis:
The North America region is expected to lead the market owing to the increased adoption of mobility solutions in healthcare systems, rising demand for virtual assistance, increased disposable income and heavy investments in the research and development of advanced healthcare chatbots.
Competitive Landscape:
Some of the prominent players are Infermedica, Sensely, Inc., Ada Digital Health, Ltd., Babylon Healthcare Services Limited, HealthTap, Inc., Your.MD Limited, Baidu Inc., Buoy Health, Inc., Woebot Labs, Inc., and GYANT.COM, INC.
FutureWise Key Takeaways:
• Growth prospects • SWOT analysis • Key market trends • Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global healthcare chatbots market by component, by deployment model, by application, by end user and by region • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) • To evaluate and forecast micro-markets and the overall market • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa • To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions
Flexible Delivery Model:
• We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement • The customization Mobility Care offered are free of charge with purchase of any license of the report • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com
1. Market Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Years Considered for the Study 1.3.2 Market Covered 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2. Research Methodology 2.1 Research Data 2.1.1 Secondary Data 2.1.1.1 Key Data from Secondary Sources 2.1.2 Primary Data 2.1.2.1 Key Data from Primary Sources 2.2 Market Size Estimation 2.3 Market Breakdown and Data Triangulation 2.4 Assumptions for the Study 3. Executive Summary 3.1 Market Outlook 3.2 Segment Outlook 3.3 Competitive Insights 4. Market Variables, Trends & Scope 4.1 Market Lineage Outlook 4.2 Penetration and Growth Prospect Mapping 4.3 Industry Value Chain Analysis 4.4 Cost Analysis Breakdown 4.5 Technology Overview 4.6 Regulatory Framework on Country Level 4.6.1 Reimbursement Framework 4.6.2 Standards and Compliances 5. Market Overview 5.1 Market Dynamics 5.1.1 Market Driver Analysis 5.1.2 Market Restraint Analysis 5.1.3 Industry Challenges 6. Market Analysis tools 6.1 Industry Analysis - Porter’s 6.1.1 Supplier Power 6.1.2 Buyer Power 6.1.3 Substitution Threat 6.1.4 Threat from new entrants 6.1.5 Competitive Rivalry 6.2 Pestel Analysis 6.2.1 Political Landscape 6.2.2 Environmental Landscape 6.2.3 Social landscape 6.2.4 Technology landscape 6.2.5 Legal Landscape 7. Healthcare Chatbots Market, By Component Historical Analysis 2015 to 2019 and Forecast 2020-2027 (USD million) 7.1 Software 7.2 Services 8. Healthcare Chatbots Market, By Deployment Model Historical Analysis 2015 to 2019 and Forecast 2020-2027 (USD million) 8.1 On-premise Model 8.2 Cloud-Based Model 9. Healthcare Chatbots Market, By Application Historical Analysis 2015 to 2019 and Forecast 2020-2027 (USD million) 9.1 Symptom Checking and Medication Assistance 9.2 Appointment Scheduling and Medical Guidance 10. Healthcare Chatbots Market, By End User Historical Analysis 2015 to 2019 and Forecast 2020-2027 (USD million) 10.1 Healthcare Providers 10.2 Healthcare Payers 10.3 Patients 11. North America Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 11.1. Introduction 11.2. Historical Market Size (USD Mn) Analysis By Country, 2015-2019 11.2.1. U.S. 11.2.2. Canada 11.2.3. Mexico 11.2.4. Rest of North America 11.3 Market Size (USD Mn) Forecast for North America 2020-2027 12. Latin America Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 12.1. Introduction 12.2. Regional Market Trends 12.3. Historical Market Size (US$ Mn) Analysis By Country, 2015-2019 12.3.1. Brazil 12.3.2. Venezuela 12.3.3. Argentina 12.3.4. Rest of Latin America 12.4 Market Size (US$ Mn) Forecast for Latin America 2020-2027 13. Europe Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Analysis By Country, 2015-2019 13.2.1. Germany 13.2.2. U.K 13.2.3. France 13.2.4. Italy 13.2.5 Switzerland 13.2.6. Spain 13.2.7. Russia 13.2.8. Poland 13.2.9. Rest of Western Europe 13.3 Market Size (US$ Mn) Forecast for Europe 2020-2027 14. Asia Pacific Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 14.1 Introduction 14.2 Historical Market Size (USD Mn) Analysis By Country, 2015-2019 14.2.1 Japan 14.2.2 China 14.2.3 Singapore 14.2.4 Korea 14.2.5 India 14.2.6 Australia and New Zealand 14.2.7 ASEAN 14.2.8 Rest of Asia Pacific 14.3 Market Size (US$ Mn) Forecast for Asia Pacific 2020-2027 15. Middle East and Africa Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 15.1 UAE 15.2 South Africa 15.3 Egypt 15.4 Saudi Arabia 15.5 Rest of MEA 16. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Type and Technology Portfolio, Financial Layouts) 16.1 Infermedica 16.1.1. Company Overview (HQ, Business Segments, Employee Strength) 16.1.2. Product Portfolio 16.1.3. SWOT Analysis 16.1.4. Financial Overview 16.1.5. Strategic Overview 16.2 Sensely, Inc. 16.2.1. Company Overview (HQ, Business Segments, Employee Strength) 16.2.2. Product Portfolio 16.2.3. SWOT Analysis 16.2.4. Financial Overview 16.2.5. Strategic Overview 16.3 Ada Digital Health, Ltd. 16.3.1. Company Overview (HQ, Business Segments, Employee Strength) 16.3.2. Product Portfolio 16.3.3. SWOT Analysis 16.3.4. Financial Overview 16.3.5. Strategic Overview 16.4 Babylon Healthcare Services Limited 16.4.1. Company Overview (HQ, Business Segments, Employee Strength) 16.4.2. Product Portfolio 16.4.3. SWOT Analysis 16.4.4. Financial Overview 16.4.5. Strategic Overview 16.5 HealthTap Inc. 16.5.1. Company Overview (HQ, Business Segments, Employee Strength) 16.5.2. Product Portfolio 16.5.3. SWOT Analysis 16.5.4. Financial Overview 16.5.5. Strategic Overview 16.6 Your.MD Limited 16.6.1. Company Overview (HQ, Business Segments, Employee Strength) 16.6.2. Product Portfolio 16.6.3. SWOT Analysis 16.6.4. Financial Overview 16.6.5. Strategic Overview 16.7 Baidu Inc. 16.7.1. Company Overview (HQ, Business Segments, Employee Strength) 16.7.2. Product Portfolio 16.7.3. SWOT Analysis 16.7.4. Financial Overview 16.7.5. Strategic Overview 16.8 Buoy Health, Inc. 16.8.1. Company Overview (HQ, Business Segments, Employee Strength) 16.8.2. Product Portfolio 16.8.3. SWOT Analysis 16.8.4. Financial Overview 16.8.5. Strategic Overview 16.9 GYANT.COM, INC 16.9.1. Company Overview (HQ, Business Segments, Employee Strength) 16.9.2. Product Portfolio 16.9.3. SWOT Analysis 16.9.4. Financial Overview 16.9.5. Strategic Overview 16.10 Woebot Labs, Inc. 16.10.1. Company Overview (HQ, Business Segments, Employee Strength) 16.10.2. Product Portfolio 16.10.3. SWOT Analysis 16.10.4. Financial Overview 16.10.5. Strategic Overview 16.11 Microsoft Inc. 16.11.1. Company Overview (HQ, Business Segments, Employee Strength) 16.11.2. Product Portfolio 16.11.3. SWOT Analysis 16.11.4. Financial Overview 16.11.5. Strategic Overview 16.12 Apple Inc. 16.12.1. Company Overview (HQ, Business Segments, Employee Strength) 16.12.2. Product Portfolio 16.12.3. SWOT Analysis 16.12.4. Financial Overview 16.12.5. Strategic Overview 16.13 Qualcomm Inc. 16.13.1. Company Overview (HQ, Business Segments, Employee Strength) 16.13.2. Product Portfolio 16.13.3. SWOT Analysis 16.13.4. Financial Overview 16.13.5. Strategic Overview 16.14 IBM Corporation 16.14.1. Company Overview (HQ, Business Segments, Employee Strength) 16.14.2. Product Portfolio 16.14.3. SWOT Analysis 16.14.4. Financial Overview 16.14.5. Strategic Overview 16.15 Hewlett-Packard (HP) Inc. 16.15.1. Company Overview (HQ, Business Segments, Employee Strength) 16.15.2. Product Portfolio 16.15.3. SWOT Analysis 16.15.4. Financial Overview 16.15.5. Strategic Overview 16.16 Verizon Communications Inc. 16.16.1. Company Overview (HQ, Business Segments, Employee Strength) 16.16.2. Product Portfolio 16.16.3. SWOT Analysis 16.16.4. Financial Overview 16.16.5. Strategic Overview 17. Impact of COVID-19 17.1. Positive influence on the healthcare industry 17.2. The financial disruption of the manufacturing sector 17.3. Impact of COVID-19 on emerging companies 17.4. Significant mandates in the healthcare regulations initiated by administrations 17.5. The overall economic slowdown of the developing and developed nations 18. Competitive Intelligence and Competitive Matrix 18.1 Competitive Intelligence 18.2 Competitive Matrix 19. Major Deals and Strategic Alliances Analysis 19.1 Joint ventures 19.2 Mergers and acquisitions 19.3 Licensing and partnerships 19.4 Technology Collaborations 19.5 Strategic Divestments 19.6 Market Entry Strategies 20. Relevant Case Studies and Latest News Updates 21. Research Sources and List of Primary Contacts of this Study 22. Key Market Takeaway Points from the Market Analysts at Future Market Analytics
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