Global Healthcare Chatbot Market has valued US$ XX Mn in 2018 and is estimated to reach US$ 520.2 Mn by 2026 at a CAGR of XX %.
Healthcare Chatbot Market is segmented by component, deployment model, application, and region.Based on a component, the healthcare chatbots market classified into Software and Service. Software segment is expected to account for a larger share in forecast period due to enhanced technological features in chatbot software, such as Natural Language Processing (NLP), multilingual capabilities, interference engine, cloud-based deployment, Application Programming Interface (API), mobile platform compatibility, and single point of search is propelling the growth of the software segment.
On basis of deployment model, healthcare chatbots market is divided into cloud & On-premises. Cloud is estimated to hold the largest share of the market in forecast period due to Cloud-based healthcare chatbot solutions are sold on the basis of subscription, ranging from one month to multiple years, and these solutions do not require significant setup charges. Maintenance and support service charges are included in the subscription fees, which make these solutions more affordable for customers.
Major driving factors of healthcare chatbots market are Chatbot ecosystem has various cross-linking features, for performance enhancement in different applications. For instant customer interaction, most of the companies preferably use in-built chatbots. Chatbot refers to an interactive application which utilizes a set of rules and the artificial intelligence for interacting with humans through the textual conversation process, it facilitates assisting users in different sectors. Rising Internet connectivity and adoption of smart devices and the need for virtual assistants are factors driving the market and at same time concerns regarding data privacy, lack of expertise for chatbot development, and lack of awareness pose a significant challenge to the market growth.
In terms of region, Healthcare Chatbot Market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is expected to lead the healthcare chatbots market during the forecast period. The dominance of the European market can be attributed to the collaborations between key industry players and healthcare providers for the implementation of healthcare chatbots in various European countries and the growing awareness and benefits of healthcare chatbots.
Key player’s studies, analyzed, profiled and benchmarked in Healthcare Chatbot Market are Yours.MD, HealthTap Inc, Sensely, Inc., Buoy Health, Inc., Infermedica, Babylon Healthcare Service Limited, Baidu, Inc., Ada Digital Health Ltd., PACT Care BV, Woebot Labs, Inc., and GYANT.Com, Inc.
The scope of Report Global Healthcare chatbot Market:
Global Healthcare chatbot Market, by Component:
• Software
• Service
Global Healthcare chatbot Market, by Deployment Model:
• Cloud
• On-premise
Global Healthcare chatbot Market, by Application:
• Symptom check
• Medical assistance
• Appointment booking
Global Healthcare chatbot Market, by Region:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players, Global Healthcare chatbot Market :
• Your.MD
• Healthtap, Inc.
• Sensely, Inc.
• Buoy Health, Inc.
• Infermedica
• Babylon Healthcare Services Limited
• Baidu
• Ada Digital Health, Ltd.
• PACT Care BV
• Woebot Labs, Inc.
• GYANT.Com
• Inc.
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