Healthcare Chatbots Market Report by Component (Software, Services), Deployment Mode (Cloud-based, On-premises), Application (Symptoms Check, Medical and Drug Information Assistance, Appointment Scheduling and Monitoring, and Others), End User (Patients, Healthcare Providers, Insurance Companies, and Others), and Region 2024-2032

Healthcare Chatbots Market Report by Component (Software, Services), Deployment Mode (Cloud-based, On-premises), Application (Symptoms Check, Medical and Drug Information Assistance, Appointment Scheduling and Monitoring, and Others), End User (Patients, Healthcare Providers, Insurance Companies, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4853
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Healthcare Chatbots Market Overview:

The global healthcare chatbots market size reached US$ 300.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,315.0 Million by 2032, exhibiting a growth rate (CAGR) of 17.29% during 2024-2032. The market is witnessing steady growth driven by the growing adoption of digital technologies in healthcare, the impact of the COVID-19 pandemic, rising prevalence of chronic diseases, advancements in natural language processing, regulatory support for telehealth, and increasing demand for 24/7 healthcare.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 300.6 Million
Market Forecast in 2032
US$ 1,315.0 Million
Market Growth Rate 2024-2032 17.29%


Healthcare Chatbots Market Analysis:

  • Market Growth and Size: The global healthcare chatbots market is experiencing robust growth, driven by factors, such as digital technology integration, the impact of COVID-19, and healthcare chatbots market revenue. It is expected to expand continuously notably over the coming years.
  • Major Market Drivers: Key drivers include the adoption of digital tech in healthcare, the pandemic's influence, cost-efficiency considerations, the rise in chronic diseases, advancements in artificial intelligence (AI) and natural language processing (NLP), regulatory support, growing patient awareness, and the need for 24/7 healthcare services.
  • Technological Advancements: Rapid technological advancements in natural language processing (NLP), machine learning (ML), and artificial intelligence (AI) algorithms have significantly enhanced the capabilities of healthcare chatbots which assists in accurate diagnosis, personalized treatment recommendations, and improved patient interactions.
  • Industry Applications: Healthcare chatbots find extensive applications across various domains, including symptom checking, appointment scheduling, medication reminders, and post-treatment follow-ups, contributing to improved patient engagement and adherence.
  • Key Market Trends: Notable trends include the increased use of chatbots for symptom assessment, appointment scheduling, and health information dissemination. Additionally, chatbots are increasingly recognized for their role in medical research and data collection.
  • Geographical Trends: The adoption of healthcare chatbots is growing globally, with regions like North America and Europe leading in implementation due to their mature healthcare systems and regulatory support.
  • Competitive Landscape: The market features a competitive landscape with numerous players offering chatbot solutions. Leading healthcare chatbots companies are striving to establish themselves as thought leaders and experts in market research and consulting services.
  • Challenges and Opportunities: Challenges include the need for strict compliance with healthcare regulations and ensuring the privacy and security of patient data. Opportunities lie in the healthcare chatbots market recent developments and the expansion of their use across various healthcare applications.


Healthcare Chatbots Market

Healthcare Chatbots Market Trends:

Integration of digital technology in healthcare

According to IMARC Group’s report, the global digital health market size was US$ 421.7 Billion in 2023. Digital technology in healthcare is critical for the growth of the healthcare chatbot market. With an increase in the number of healthcare providers taking their offerings online, there is a need for effective ways to engage patients and streamline healthcare facilities. Chatbots are instrumental in this process by offering a simple-to-use interface for patients to interact with when seeking health information or receiving personalized suggestions. This integration significantly enhances patient experiences and simplifies the management of healthcare operations. The use of healthcare chatbots enables facilities to manage appointments more effectively, disseminate health information, and provide rapid support to patients.

Cost-efficiency in healthcare:

The Centers for Medicare & Medicaid Services claims that National health expenditure grew 4.1% to $4.5 trillion in 2022, or $13,493 per person, and accounted for 17.3% of Gross Domestic Product (GDP). Healthcare costs have significantly increased over the years, which is creating a recurring budgetary challenge. One of the way to manage this budgetary challenge is the effective application of healthcare chatbots. Implementing chatbots in various scenarios reduced the costs of healthcare administration. Furthermore, they can work on repetitive administrative tasks, such as schedule appointments, validate insurance, update and re-submite claims, enables healthcare workers to focus on more sensitive and complicated issues. By integrating algorithms to work on these processes, healthcare management sets to reallocate their resources and provide more efficient services. This cost-saving metrics are increasing the emergence of chatbots in the healthcare sector, while maintain the quality of patient-care.

Rising need for remote patient monitoring and telehealth solutions:

The rapid increase in demand for remote patient monitoring and telehealth solutions are impelling the healthcare chatbots market growth. This demand trend originates from the patient-centric and technology-driven transformation in the healthcare industry. Furthermore, the increase in global rates of chronic diseases and an aging population has intensified the necessity for continuous monitoring and management of health conditions outside the traditional in-person healthcare system. As per IMARC Group’s report, the global telehealth market is expected to reach US$ 97.3 Billion by 2032.

Healthcare Chatbots Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on component, deployment mode, application, and end user.

Breakup by Component:

Healthcare Chatbots Market By Component

  • Software
  • Services
     

Software accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the component. This includes software and services. According to the report, software represented the largest segment.

The global healthcare chatbot market’s software segment is boosted by the rising need for efficient and cost-effective healthcare solutions, propelling the install base of chatbot software among healthcare providers. The ability to embed chatbots into systems allow them to facilitate patient communications, appointment scheduling, and other administrative duties. Furthermore, improvements in AI and NLP technology are broadening the value proposition of healthcare chatbot software by allowing it to become smarter and more capable of understanding and addressing sophisticated medical questions, thereby enhancing overall patient satisfaction.

The healthcare chatbot market is growing rapidly, driven by the services sector. The demand for improved patient engagement and experience has propelled the adoption of chatbot services in healthcare. They provide timely responses that are tailored to individuals’ needs, thereby enhancing their interaction with patients. Another driver of this trend is cost-effectiveness, as providers seek ways to cut costs without compromising quality, many of them are investing in chatbots which can perform administrative tasks more efficiently than humans while reducing operational expenses. Moreover, COVID-19 has forced people into remote care situations where telemedicine becomes necessary. Therefore, there is an increased desire for allocation support through health care bots. Also,natural language processing technology advancement enables chatbots understand medical inquiries better and give accurate feedback on them.

Breakup by Deployment Mode:

  • Cloud-based
  • On-premises
     

Cloud-based holds the largest share in the industry

A detailed breakup and analysis of the market based on the deployment mode have also been provided in the report. This includes cloud-based and on-premises. According to the report, cloud-based accounted for the largest market share.

The cloud-based segment of the technology industry is experiencing remarkable growth. This has been caused by cost effectiveness, which, in turn, is catalyzing the healthcare chatbots demand as they do not require large initial investments on hardware and infrastructure. Pay-as-you-go scalable models can be chosen by organizations thereby reducing capital expenditure and operational costs. Additionally, flexibility together with scalability are what makes businesses able to quickly adjust their resources up or down depending on requirement changes towards them. Besides this, the accessibility and remote collaboration have become essential where employees can use internet-based cloud tools from any place fostering productivity as well as teamwork among remotely located staffs. furthermore, cloud-based solutions data security features and disaster recovery capability offered by recognized providers of these services ensure continuity for business activities through maintaining integrity of information.

The on-premise segment in the healthcare chatbots market is driven by the increasing demand for data security and compliance issues, where health care organizations usually prefer keeping the patient data inside their premises to control privacy and adhere to the legalized standards. Furthermore, customization and integration capabilities are also important issues, where on-premise solutions can provide flexibility in the adaptation of chatbot functionalities to the workflows and systems of healthcare. Additional factors for considering an on-premise solution include reliability and lower latency, for effective communication between the chatbots and the healthcare professionals. In line with this, some health care institutions might consider an on-premise solution due to concerns related to internet connectivity or the need for offline functionality.

Breakup by Application:

  • Symptoms Check
  • Medical and Drug Information Assistance
  • Appointment Scheduling and Monitoring
  • Others
     

Symptoms check represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes symptoms check, medical and drug information assistance, appointment scheduling and monitoring, and others. According to the report, symptoms check represented the largest segment.

The symptoms check segment is likely to expand due to the increasing use of digital healthcare platforms and mobile apps, making symptom-checking tools easily available to users through smartphones and personal computers. Additionally, the COVID-19 pandemic has heightened health consciousness and concerns among individuals, increasing the appeal of symptom checkers for rapidly and conveniently assessing health conditions. Moreover, innovations in artificial intelligence and natural language processing have greatly enhanced the trustworthiness and accuracy of symptom checkers, enabling them to complement physicians and offer invaluable health advice.

The development of the medical and drug information assistance segment is driven by the increasing demand for quick and accurate medical information. Patients and healthcare professionals want instant access to reliable information on medications, diagnoses, and treatment methods. Chatbots, equipped with large databases and natural language processing capabilities, enable users to receive accurate, up-to-date information promptly.

The appointment and monitoring segment is stimulated by rapidly increasing the need for convenience and efficiency of the appointment scheduling process. Patients can book an appointment, check availability, and get reminders in no time, alleviating an administrative burden and limiting no-shows. In addition, chatbots also support healthcare providers’ ability to ensure optimal patient flow by managing their schedules efficiently. The other segment includes a variety of innovative applications of chatbots in healthcare, such as mental health and insurance claim processing, and administrative tasks.

Breakup by End User:

  • Patients
  • Healthcare Providers
  • Insurance Companies
  • Others
     

The report has provided a detailed breakup and analysis of the market based on the end user. This includes patients, healthcare providers, insurance companies, and others.

The patients’ segment is primarily influenced by the rising need for more convenient and accessible healthcare services. Patients continue to seek and prefer digital solutions that enable them to book appointments, find answers to their health-related concerns, and get quick support. Healthcare chatbots provide patients with an opportunity to become more self-sufficient and resourceful, obtain information whenever and wherever they need, and receive prompt replies to their health-related inquiries, thus enhancing their overall service experience.

The healthcare providers sector benefits from the need to improve operations and interaction with patients. Chatbots allow healthcare facilities to take over much of the administrative work, such as patient appointments and insurance verification, leaving more time for healthcare professionals to prioritize the quality of care provided to patients.

The insurance companies segment is expected to be powered by an increased emphasis on cost-efficiency and customer service. Chatbots support processes like claims processing, policy inquiry, and premium computing, allowing insurance companies to drive lower operational prices and faster response times to customer queries, increasing client satisfaction and maintaining market competitiveness.

Additionally, the other segment is expected to power the use case with the potential of chatbots’ use in raising efficiencies in many minor tasks, such as medical studies and other operative factors. Bots provide excellent data collecting instruments that can be utilized to conduct surveys and leads to evidence-based decision-making.

Breakup by Region:

Healthcare Chatbots Market By Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

North America leads the market, accounting for the largest healthcare chatbots market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The North America healthcare chatbots market is largely driven by the region's well-established healthcare infrastructure and digital maturity are significant drivers. The region has been at the forefront of adopting digital technologies in healthcare, leading to a high demand for chatbots that can enhance patient engagement, streamline healthcare services, and provide cost-effective solutions. Moreover, the impact of the COVID-19 pandemic has accelerated the need for remote healthcare services, making chatbots invaluable tools for symptom assessment, health information dissemination, and appointment scheduling. Apart from this, the presence of leading AI and NLP technology providers in North America has driven advancements in chatbot capabilities, making them more efficient and accurate. Furthermore, according to the Centers for Medicare & Medicaid Services report, U.S. health care spending grew 4.1 percent in 2022, reaching $4.5 trillion or $13,493 per person. The growing healthcare spending is US is catalyzing the demand for healthcare chatbots as many people are looking for accessible and affordable healthcare options.

Asia Pacific stands as another key region in the market, driven by the region's vast population, coupled with increasing smartphone penetration, has created a substantial user base for chatbot adoption. The COVID-19 pandemic has accelerated the demand for remote healthcare services, making chatbots an attractive solution for symptom assessment and information dissemination.

Europe maintains a strong presence in the market, driven by the region's well-established healthcare infrastructure and regulatory support for telehealth solutions provide a conducive environment for chatbot integration. The impact of the COVID-19 pandemic has accelerated the need for remote healthcare services, elevating the role of chatbots in symptom assessment and patient support.

Latin America exhibits growing potential in the healthcare chatbots market, fueled by the region's healthcare landscape is evolving, and there is a growing need for innovative solutions to enhance patient engagement and access to healthcare services.

The Middle East and Africa region shows a developing market for healthcare chatbots, primarily driven by the advancements in AI and NLP technologies that are contributing to the development of more sophisticated chatbots.

Leading Key Players in the healthcare chatbots Industry:

The key players in the healthcare chatbots market are continuously involved in various strategic initiatives to sustain and increase their market presence. These initiatives are further supported by continually enhancing their chatbot solutions’ capabilities, particularly around natural language processing (NLP) and artificial intelligence (AI). Moreover, rising priority of stringent healthcare regulations and data security for most of the healthcare chatbot key players are striving to ensure the same by building the trust of all integrated healthcare organizations and patients. Moreover, enhancing the user experience through user-friendly interfaces and personalized interactions is another strategic focus area for these players. Besides this, key players are establishing partnerships with existing healthcare providers and institutions to enable seamless integration of their solutions into the existing healthcare ecosystem, thereby maximizing their respective user bases. For instance, in 2022, Age UK collaborates with Creative Virtual to better meet the charity’s goals with conversational AI. One of the paramount goals of charities is facilitating access to healthcare for vulnerable groups, the rural dwellers, and citizens with low income. To help these people, charities can fund chatbots that would offer them access to medical information and counselling, regardless of their location.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • Ada Health GmbH
  • Babylon Inc.
  • Buoy Health Inc.
  • Creative Virtual Ltd.
  • GYANT.com Inc.
  • HealthTap Inc.
  • Infermedica
  • Microsoft Corporation
  • PACT Care BV
  • Sensely Inc.
  • Woebot Health
  • Your.MD Ltd.
     

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

  • In June 2023: Ada Health GmbH announced significant improvements to its AI-driven chatbot. The company expanded its medical database, increasing the accuracy of symptom assessment and health recommendations. It has also initiated partnerships with healthcare providers and organizations, with announcements made in August 2023, to integrate its chatbot into telemedicine platforms and electronic health record systems.
  • In April 2023: Babylon Inc. has been actively advancing its telehealth platform. It introduced virtual consultations with healthcare professionals through its chatbot, allowing patients to receive medical advice and prescriptions. The company also has been working on enhancing language support for its chatbot, with updates in July 2023, to cater to a broader patient demographic.
  • In September 2023: Buoy Health Inc. announced to improve its symptom assessment chatbot. It integrated advanced machine learning algorithms to enhance diagnostic accuracy. Buoy Health also announced partnerships with health insurance providers, allowing their chatbot to assist users in finding suitable healthcare coverage options.


Healthcare Chatbots Market Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Component
  • Deployment Mode
  • Application
  • End User
  • Region
Components Covered Software, Services
Deployment Modes Covered Cloud-based, On-premises
Applications Covered Symptoms Check, Medical and Drug Information Assistance, Appointment Scheduling and Monitoring, Others
End Users Covered Patients, Healthcare Providers, Insurance Companies, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Ada Health GmbH, Babylon Inc., Buoy Health Inc., Creative Virtual Ltd., GYANT.com Inc., HealthTap Inc., Infermedica, Microsoft Corporation, PACT Care BV, Sensely Inc., Woebot Health, Your.MD Ltd., etc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the healthcare chatbots market from 2018-2032.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the global healthcare chatbots market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the healthcare chatbots industry and its attractiveness.
  • The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.

Key Questions Answered in This Report

The global healthcare chatbots market was valued at US$ 300.6 Million in 2023.

We expect the global healthcare chatbots market to exhibit a CAGR of 17.29% during 2024-2032.

The growing prevalence of chronic diseases, along with the rising demand for remote patient monitoring (RPM) systems, such as healthcare chatbots, to monitor patients with mild symptoms and provide hospital-based care on a timely basis is primarily driving the global healthcare chatbots market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of healthcare chatbots that communicate necessary information regarding the coronavirus disease in numerous languages and make the screening process more efficient.

Based on the component, the global healthcare chatbots market can be segmented into software and services. Currently, software holds the majority of the total market share.

Based on the deployment mode, the global healthcare chatbots market has been divided into cloud-based and on-premises, where cloud-based currently exhibits a clear dominance in the market.

Based on the application, the global healthcare chatbots market can be categorized into symptoms check, medical and drug information assistance, appointment scheduling and monitoring, and others. Among these, symptoms check accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global healthcare chatbots market include Ada Health GmbH, Babylon Inc., Buoy Health Inc., Creative Virtual Ltd., GYANT.com Inc., HealthTap Inc., Infermedica, Microsoft Corporation, PACT Care BV, Sensely Inc., Woebot Health, and Your.MD Ltd.

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Healthcare Chatbots Market Report by Component (Software, Services), Deployment Mode (Cloud-based, On-premises), Application (Symptoms Check, Medical and Drug Information Assistance, Appointment Scheduling and Monitoring, and Others), End User (Patients, Healthcare Providers, Insurance Companies, and Others), and Region 2024-2032
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