Healthcare Chatbots Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to healthcare chatbots market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Healthcare Chatbots Market News

  • 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.
  • 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.

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Global Healthcare Chatbots Market size was valued at USD 975.22 million in 2023 and is poised to grow from USD 1208.29 million in 2024 to USD 6710.32 million by 2032, growing at a CAGR of 23.9% in the forecast period (2025-2032).

The global healthcare chatbots industry is characterized by intense competition, with a mix of established technology giants, innovative startups, and strategic collaborations between tech providers and healthcare organizations. Leading players like Microsoft and IBM are leveraging advancements in artificial intelligence (AI), natural language processing (NLP), and machine learning (ML) to develop sophisticated chatbot solutions. Microsoft’s Azure AI platform focuses on improving patient engagement and streamlining administrative processes, while IBM’s Watson Assistant for Healthcare integrates advanced NLP to enhance communication and efficiency. 'HealthTap, Inc.', 'Sensely, Inc.', 'Buoy Health, Inc.', 'Infermedica', 'Babylon Healthcare Service Limited', 'Baidu, Inc.', 'Ada Digital Health Ltd.', 'PACT Care BV', 'Woebot Labs, Inc.', 'GYANT.Com, Inc.', 'X2AI', 'Florence Healthcare', 'MedWhat', 'Bueller Health', 'Lark Health'

The growing demand for remote patient monitoring and telehealth solutions is significantly driving the expansion of the global healthcare chatbots industry. 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.

Integration of Digital Technology in Healthcare: Digital technology in healthcare is critical for the global healthcare chatbots market growth. 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.

North America accounted for the largest share of over 30% in 2024 due to the presence of key companies, high levels of investment in research & development, and the growing demand for virtual healthcare services. Furthermore, the regional market is growing because of the increased prevalence of chronic illnesses and the rising need for patient engagement programs. North America is witnessing tremendous market expansion due to the extensive use of technology and increased R&D spending. This market is anticipated to grow due to the high concentration of key companies in the area, strategic alliances, quicker FDA approvals, and significant R&D spending.

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Healthcare Chatbots Market

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