Medical chatbots are conversational systems powered by AI that make it simple for patients, insurance providers, and medical staff to communicate with one another. These bots can also aid in providing pertinent healthcare information to the appropriate parties at the appropriate time.
The COVID-19 (pandemic) outbreak and increased adoption and use of healthcare chatbots are both contributing to the rapid growth of the global market for healthcare chatbots. Additionally, it is anticipated that growing smartphone use, improved healthcare delivery, and greater Internet connectivity would fuel market growth. But it is anticipated that issues including data privacy worries and a lack of adoption or integration will hamper business growth.
Between 2023 and 2030, the market for Healthcare Chatbots is anticipated to expand at a 14.5% CAGR.
Top Companies in the Healthcare Chatbots Industry:
1. ADA Digital Health Ltd.
ADA Digital Health Ltd. was founded in 2016 and headquartered in Berlin, Germany. It operates across the world.
2. Buoy Health, Inc.
Buoy Health, Inc. was founded in 2014 and headquartered in Massachusetts, United States. It operates in the country.
3. Gyant.com, Inc.
Gyant.com, Inc. was founded in 2016 and headquartered in California, United States. It operates globally. In June 2023, Gyant.com, Inc. plans to employ ChatGPT in the healthcare industry. One of the most important developments in decades has been called OpenAI's ChatGPT, a sophisticated language model. Outstanding accomplishments have been shown by ChatGPT, Large Language Models, and Generative AI in a number of fields, including medicine. We will examine potential ChatGPT applications in healthcare, including virtual health assistants, patient assistance, health education, and language translation, in this multi-part blog series. We will also discuss the ethical issues and restrictions associated with using language models in healthcare.
4. Infermedica
Infermedica was founded in 2012 and headquartered in Dolnoslaskie, Poland. It operates in more than 30 countries. In March 2023, Infermedica will improve its API capabilities to enable AI-driven patient intake workflows.
5. Microsoft
Microsoft was founded in 1975 and headquartered in Washington, U.S. It operates in 190 countries. A brand-new product dubbed Dragon Ambient eXperience (DAXTM) Express was announced by Microsoft in March 2023. It pioneered the next generation of AI in healthcare and marked a crucial turning point in the effort to automate clinical recording at scale. The first to combine the better reasoning and natural language capabilities of GPT-4 with proven conversational and ambient AI is the workflow-integrated automated clinical documentation tool known as DAX Express.
6. Babylon Healthcare Service Limited
Babylon Healthcare Service Limited was founded in 2013 and headquartered in London, United Kingdom. It operates in US, UK, Canada, Rwanda, plus multiple countries across APAC and the Middle East. The UK's medical device regulator, MHRA, voices "concerns" about Babylon Health in March 2021 and draws attention to a regulatory loophole involving triage chatbots. A producer of AI chatbots backed by venture capital, Babylon Health, has voiced worries about the regulation of medical devices. The acknowledgement was made in a letter to a doctor who has been criticizing Babylon's methods of corporate governance and patient safety since 2017.
*Definition: A chatbot is a piece of software that mimics sophisticated discussions with real users. Healthcare chatbots are conversational platforms with AI power that streamline communication between patients, insurance providers, and healthcare professionals.
