Voice can serve as a useful tool in identifying the presence or risk of conditions such as depression, Parkinson’s disease, and coronary artery disease. Moreover, Research institutes and companies engaged in voice and speech technology are partnering to identify vocal biomarkers that can aid in accurate disease diagnosis. Vocal biomarkers technology could be an advanced innovation in the field of medical diagnostics, allowing for minimally-invasive diagnostic procedures to detect chronic conditions. For instance, Beyond Verbal, Inc., Cogito Corporation, and Sonde Health are developing a voice-based platform to diagnose mental and physical health.
Market Dynamics
The vocal biomarkers technology would transform the way mental and physical health is diagnosed and would transform the healthcare industry. This voice-based technology would allow early diagnosis and preventive treatments. This is expected to benefit hospitals, health clinics, and individuals to monitor health condition and take appropriate medical action.
Key players are focused on collaborations, in order to gain strong foothold in the market and enhance their product portfolio which is expected to drive the market growth. For instance, in June 2016, Sonde Health Inc., obtained technology license from the Massachusetts Institute of Technology Lincoln Laboratory for the latter’s voice-based technology platform intended for monitoring and diagnosing various mental and physical conditions. Moreover, Beyond Verbal, Inc. collaborated with Mayo Clinic in 2016 to conduct studies and identify vocal biomarkers that could help in diagnosing mental and physical health.
Key features of the study:
- This report provides in-depth analysis of the global vocal biomarkers market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global vocal biomarkers market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include Beyond Verbal, Inc., Sonde Health Inc., Sharecare, Inc., IBM Coporation, and Cogito Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology upgradation, market expansion, and marketing tactics.
- The global vocal biomarkers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the vocal biomarkers market
Detailed Segmentation:
- Global Vocal Biomarkers Market, By Therapeutic Application:
- Psychological Disorders
- Depression and Anxiety
- Parkinson’s Disease
- Cognitive Impairment
- Other Mental Illnesses
- Respiratory Disorders
- Cardiovascular Disorders
- Global Vocal Biomarkers Market, By End User:
- Hospitals
- Health Insurers
- Academic & Research Institutions
- Government Organizations
- Global Vocal Biomarkers Market, By Region:
- North America
- By Therapeutic Application:
- Psychological Disorders
- Depression and Anxiety
- Parkinson’s Disease
- Cognitive Impairment
- Other Mental Illnesses
- Respiratory Disorders
- Cardiovascular Disorders
- By End User:
- Hospitals
- Health Insurers
- Academic & Research Institutions
- Government Organizations
- By Country:
- Latin America
- By Therapeutic Application:
- Psychological Disorders
- Depression and Anxiety
- Parkinson’s Disease
- Cognitive Impairment
- Other Mental Illnesses
- Respiratory Disorders
- Cardiovascular Disorders
- By End User:
- Hospitals
- Health Insurers
- Academic & Research Institutions
- Government Organizations
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Therapeutic Application:
- Psychological Disorders
- Depression and Anxiety
- Parkinson’s Disease
- Cognitive Impairment
- Other Mental Illnesses
- Respiratory Disorders
- Cardiovascular Disorders
- By End User:
- Hospitals
- Health Insurers
- Academic & Research Institutions
- Government Organizations
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Therapeutic Application:
- Psychological Disorders
- Depression and Anxiety
- Parkinson’s Disease
- Cognitive Impairment
- Other Mental Illnesses
- Respiratory Disorders
- Cardiovascular Disorders
- By End User:
- Hospitals
- Health Insurers
- Academic & Research Institutions
- Government Organizations
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Therapeutic Application:
- Psychological Disorders
- Depression and Anxiety
- Parkinson’s Disease
- Cognitive Impairment
- Other Mental Illnesses
- Respiratory Disorders
- Cardiovascular Disorders
- By End User:
- Hospitals
- Health Insurers
- Academic & Research Institutions
- Government Organizations
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Therapeutic Application:
- Psychological Disorders
- Depression and Anxiety
- Parkinson’s Disease
- Cognitive Impairment
- Other Mental Illnesses
- Respiratory Disorders
- Cardiovascular Disorders
- By End User:
- Hospitals
- Health Insurers
- Academic & Research Institutions
- Government Organizations
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Beyond Verbal, Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Highlights
- Market Strategies
- Sonde Health
- Sharecare, Inc.
- IBM Coporation
- Cogito Corporation
“*” marked represents similar segmentation in other categories in the respective section.
