The Voice Technology in Healthcare Market is expected to grow at a 14.70 % CAGR during the forecast period for 2023-2031.
Voice technology is the future of the healthcare industry that allows humans to connect with technology. It is the database that receives, interprets, and transmits the voice instructions. The healthcare business is on the leading edge of voice-user interface ( UVI) design and creating significant development to advance patient care through evolving technologies and transmuting the voice of the healthcare industry. The benefits of VUI encompass far beyond simple services for healthcare employees or patients who saved phone calls. The voice-user interface has a profound impact on care enhancement. The well-designed VUI can use voice tone, modulation, and other fundamentals in discussion to calm nerves or shape behaviors. By using VUI, patients and physicians have become authorized to make informed healthcare decisions.
VUI design plays numerous roles in healthcare procedures, comprising helping patients to prepare for operations, motivate them to schedule appointments, homogenizing care information provided after or before treatment, and questioning through the care process. The real-time insights into patients by using voice technology, wellness lead to enhanced, personalized care, and propelling the demand for this technology in the healthcare sector.
The high cost of skilled workers and labor for physicians who spent innumerable hours entering data into their EHR (Electronic Health Records) is generating immense opportunity for the companies operating in the development of voice technology in the coming years. Communicating phone calls has enabled health practices and hospitals to reach out to their complete patient population or an automatically select group instead of making individual phone calls. The growing adoption of voice technology in healthcare owing to huge advantages is estimated to boost market growth significantly in the coming years. Additionally, growing research activities and increasing the number of start-ups developing voice technology for healthcare are expected to further boost the market growth in the coming years. For instance, about 47% of startups working on voice technology are focusing on a single sector, that is, healthcare.
Competitive Landscape
Some of The Key Players in The Voice Technology in Healthcare Market:
- Ava
- Aural Analytics, Inc.
- CardioCube
- CAREANGEL
- Cogito Corporation
- Cognoa
- conversationHEALTH
- Canary Speech, LLC
- HEALTHYMIZE
- Corti
- NeuroLex Laboratories, Inc
- Orbita, Inc.
- Pillo, Inc.
- PeakProfiling
- ResApp Health
- Sensely, Inc.
- Sonde Health, Inc.
- MDOps Corporation
- Memory Lane
- Kencor Health
- Intuition Robotics
- Winterlight Labs
- Vocalis Health
- VocaliD, Inc.
- Voiceitt
- Kiroku Ltd.
- Saykara Inc.
- Sopris Health
- Zealth, Inc.
- Other Prominent Players
The Voice Technology in Healthcare Market Report Scope
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Report Attribute |
Specifications |
|
Growth Rate CAGR |
CAGR of 14.70 % from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Applications, By End-Users |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
Ava, Aural Analytics, Inc., CardioCube, CAREANGEL, Cogito Corporation, Cognoa, conversation health, Canary Speech, LLC, HEALTHYMIZE, Corti, NeuroLex Laboratories, Inc, Orbita, Inc., Pillo, Inc., PeakProfiling, ResApp Health, Sensely, Inc., Sonde Health, Inc., MDOps Corporation, Memory Lane, Kencor Health, Intuition Robotics, Winterlight Labs, Vocalis Health, VocaliD, Inc., Voiceitt, Kiroku Ltd., Saykara Inc., Sopris Health, and Zealth, Inc., and others |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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