Health Technology

Healthcare Chatbots Market Set to Grow at 20.8% CAGR to 2023 – Study by Chatting Solutions, Medical Assistance and Appointment Booking Applications

Healthcare Chatbots Market
Healthcare Chatbots Market
Press Release

The study provides an in-depth analysis of healthcare chatbots market with current and future trends to elucidate the imminent investment pockets in the market. Download Free PDF Brochure of Healthcare Chatbots Market Research Report Now at .

Current and future trends are outlined to determine healthcare chatbots market overall attractiveness and to single out profitable trends to gain a stronger foothold in the market. Europe is estimated to account for the largest share of the market, followed by North America. However, North America is expected to register the highest CAGR during the forecast period.

The healthcare chatbots market is expected to reach USD 314.3 million by 2023 from USD 122.0 million by 2018, at a CAGR of 20.8% from 2018 to 2023. Healthcare Chatbots Market report forecasts revenue growth at global, regional, and country levels and provides an analysis on latest industry trends in each of the sub-segments from 2019 to 2024.

“By application, the appointment scheduling & medical guidance segment is expected to grow at a higher CAGR during the forecast period.”

Growth of healthcare chatbots market in region can be attributed to collaborations between key industry players & healthcare providers for implementation of healthcare chatbots in various European countries & growing awareness and benefits of healthcare chatbots. However, concerns regarding data privacy, lack of expertise for chatbot development, and lack of awareness pose a significant challenge to the market growth.

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Study estimates healthcare chatbots market size for 2018 and projects its demand till 2023. In primary research process, various sources from both demand-side & supply-side were interviewed to obtain qualitative and quantitative information for the report. The rising Internet connectivity and adoption of smart devices and the need for virtual assistance are factors driving the market.

Healthcare chatbots market is segmented into symptom checking & medication assistance and appointment scheduling & medical guidance. Symptom checking & medication assistance segment is expected to lead the market in 2018. Appointment scheduling & medical guidance segment is expected to grow at a higher CAGR during forecast period as compared to the symptom checking & medication assistance segment.

Healthcare Chatbots Market, By Application

1 Introduction

2 Symptom Checking & Medication Assistance

3 Appointment Scheduling & Medical Guidance

Healthcare Chatbots Market, By End User

1 Introduction

2 Patients

3 Healthcare Providers

4 Insurance Companies

Top players in healthcare chatbots market are Your.MD (UK), HealthTap, Inc. (US), Sensely, Inc. (US), Buoy Health, Inc. (US), Infermedica (Poland), Babylon Healthcare Service Limited (UK), Baidu, Inc. (China), Ada Digital Health Ltd. (Germany), PACT Care BV (Netherlands), Woebot Labs, Inc. (US), and GYANT.Com, Inc. (US).

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The healthcare chatbots market estimation process, both top-down and bottom-up approaches were used to estimate and validate the market size of the healthcare chatbots market as well as to estimate the market size of various other dependent submarkets. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Key Benefits of Buying the Report:

Report provides an overview of healthcare chatbots market. It aims at estimating market size & growth potential of this market across different segments such as component, deployment model, application, end user, & region. Report also includes an in-depth competitive analysis of key players in market along with their company profiles, recent developments, & key market strategies.