The global [FURL=https://www.industryarc.com/Research/Healthcare-Chatbots-Market-Research-505668?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Healthcare Chatbots[/FURL] Market is estimated to surpass $742 million mark by 2026 growing at an estimated CAGR of more than 24.5% during the forecast period 2021 to 2026. At present, chatbots are adopted among the developed countries such as North and Europe, and is yet to witness widespread adoption in emerging countries, where doctors and other healthcare providers are still reluctant to adopt advanced healthcare solutions. Data privacy concerns and a lack of sufficiently skilled personnel to develop healthcare chatbots also serve to affect market growth to a certain extent. At present however, the healthcare chatbots market is at a nascent stage and is expected to grow in the near future.Key Takeaways
Enhanced technological features are anticipated to stimulate market growth in Healthcare Chatbotss software such as Natural Language Processor (NLP), multilingual, interference engine, metrics, cloud-based implementation, application programming interface (API), mobile platform compatibility, analytics, multichannel, and single-point search.
Healthcare Chatbotss are renewing the way hospitals interact with patients and offering instant, on-demand assistance solution. The Healthcare Chatbotss are significantly fostering engagement between hospitals and patients to provide better functionality for both of them.
Changing patient and clinician behavior with a chat interface is a hard problem, and one that won’t be solved overnight. However rising investment in this sector combined with technological advancement will propel market demand.
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Healthcare Chatbots Market Drivers
Need for Cost Optimization
The geriatric population is rising worldwide and requires frequent health check-ups to ensure comfortable living. For such patients and others as well, the use of chatbots can reduce a number of redundant activities and enhance precision, including the scheduling of appointments, following-up on appointments, and medication reminder offers, among others. Due to the doctor shortage as well, the utilization of chatbots can significantly reduce the staff cost associated as chatbots can act as the first level of defense in terms of patient monitoring and symptom checking. Consequently, the overall cost of treatment and response time is reduced, while the patient experience is improved.
Healthcare Chatbots Market top 10 companies ISensely, Inc., Your.MD, Buoy Health, Inc, Infermedica, PACT Care BV, HealthTap, Inc., Babylon Health, Ada Health GmbH, Woebot Labs, Inc., and GYANT.COM, Inc.
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