Conversational AI in healthcare market to hit $48.87b by 2030

Its growth is driven by the increasing demand for personalised patient care.

The conversational AI in healthcare market is projected to reach $48.87b by 2030 at a compound annual growth rate of 23.84%, according to Research and Markets.

The sector’s expansion is driven by the increasing demand for personalised patient care and the need to automate administrative processes.

Meanwhile, developments in natural language processing and machine learning are improving conversational AI’s accuracy and contextual understanding, contributing to market growth.

“AI-powered virtual assistants can offer tailored information, guiding patients through medical inquiries, and providing follow-up reminders, improving patient engagement and satisfaction,” the report said.