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Market Research Report
Product code
1040459
Vocal Biomarkers Market 2021-2027 |
Vocal Biomarkers Market 2021-2027 |
Published: August 19, 2021
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
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Global Vocal Biomarkers Market Size, Share &Trends Analysis Report By Application (Psychological Disorders, Neurological Disorders, Respiratory Disorders, and Cardiovascular Disease), By End-User (Hospitals, Diagnostic Centre, and Academics Research Institute), and By Type (Frequency, Amplitude, Error Rate, Vocal Rise or Fall Time, Phonation Time, Voice Tremor, Pitch, and Others) Forecast Period, 2021-2027
The global vocal biomarkers market is anticipated to grow at a substantial CAGR of 14.5% during the forecast period. The market is set to display impressive growth during the forecast period with some key trends emerging, such as the growing focus on research related to vocal biomarkers and rising incidences associated with psychological, neurological diseases
The global vocal biomarkers market suffered a downfall during the COVID-19 pandemic as most of the economic activities were halted during Q1 and Q2 2020. Due to COVID-19 across the globe, lockdown restrictions were imposed that have impacted the supply of vocal biomarkers
The global vocal biomarkers market is segmented based on application, end-user, and type. Based on the application segment, the market is segmented into psychological disorders, neurological disorders, respiratory disorders, and cardiovascular disease. Further, based on the end-user segment, the market is bifurcated into hospitals, diagnostic centers, and academics research institute. Based on the type segment, the market is segmented into frequency, amplitude, error rate, vocal rise or fall time, phonation time, voice tremor, pitch, and others.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is expected to have the fastest-growing region in the market. Growing preference for voice-based diagnostic systems over traditional diagnostic systems which was once a stronghold of the US and a few European economies such as France, Italy, and Germany, is set to expand to emerging economies, to be planned predominantly in the Asia-Pacific region. The growing adoption of the technology in the Asian economies of Japan, South Korea, Taiwan, and China, which involve providing non-invasive nature along with operational convenience, is set to increase the demand for vocal biomarkers.
Further, Vocalis Health, Inc., IBM Corp., Sonde Health, Inc., Boston Technology Corp. among others are the key players in the market, which are adopting different strategies such as new product launches and approvals, mergers, and acquisitions, partnerships, and collaborations, among others. For instance, in October 2020, one of the AI-based vocal biomarkers for use in healthcare companies named Vocalis Health, Inc., had collaborated with Mayo Clinic to research and develop new voice-based tools for screening, detecting along monitoring patient health. This collaboration will start with the study associated with identifying the vocal biomarkers for pulmonary hypertension (PH) that could be supportive in physicians detect and treat PH in their patients.
Research Methodology
The market study of the global vocal biomarkers market is incorporated by extensive primary and secondary research conducted by the research team at OMR Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
Financial reports of companies involved in the market
Whitepapers, research papers, and news blogs
Company websites and their product catalog
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
Global Vocal Biomarkers Market Research And Analysis By Application
Global Vocal Biomarkers Market Research And Analysis By End-User
Global Vocal Biomarkers Market Research And Analysis By Type
The Report Covers
Comprehensive research methodology of the global vocal biomarkers market
This report also includes a detailed and extensive market overview with key analyst insights
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations
Analysis of regional regulations and other government policies impacting the global vocal biomarkers market
Insights about market determinants that are stimulating the global vocal biomarkers market
Detailed and extensive market segments with the regional distribution of forecasted revenues
Extensive profiles and recent developments of market players