Vocal Biomarkers Market is estimated to be USD 9.4 Billion by 2034 with a CAGR of 15.10% during the forecast period

Published Date: April 2024

Non-invasive vocal biomarkers are used to detect illnesses using speech features. Its use is based on the premise that severe psychological problems, neurophysiologic changes, and other factors have an impact on motor control and, as a result, modify speech production by modifying speech features. A symptom or medical condition of the human body is referred to as a biomarker. It is the pattern of speech in the case of vocal biomarkers. Furthermore, due to its noninvasive nature, voice biomarkers would be more cost effective than traditional biomarkers, which are pricey and place a major healthcare burden on governments and insurance payer organizations.Vocal Biomarkers Market size was valued at about USD 2.6 Billion in 2024 and expected to grow at CAGR of 15.10% to extend a value of USD 9.4 Billion by 2034.

The report " Vocal Biomarkers Market, By Therapeutic Applications (Psychiatric Disorders, Parkinson’s Disease, Cognitive Impairment, Brain Trauma Injury, Respiratory Disorders, Cardiovascular Disorders and Others), By End user (Hospitals, Health Insurers, Academic Institutes, and Government Organizations) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2034’’

Key Highlights:

  • In October 2021, Sonde Mental Fitness, a speech-enabled mental health detection and monitoring tool that uses a small voice sample to determine mental well-being, has been unveiled by Sonde Health.
  • In October 2022, Mayo Clinic and Vocalis Health, Inc., a firm that pioneered AI-based speech biomarkers for use in healthcare, announced a partnership  to explore and create innovative voice-based tools for screening, detecting, and monitoring patient health.

Analyst View:

The increasing frequency of mental disorders, neurological disorders, and chronic diseases such as cardiovascular disease are important drivers for the growth of the vocal biomarkers market. Due to increased need for less intrusive diagnostics, rising incidence of psychiatric and cardiovascular disorders, and an ageing population, the vocal biomarkers diseases market is predicted to grow in the next years. Increased commercial operations and research attention on developing vocal biomarkers would also aid in the early market launch of vocal biomarker-based products.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Vocal Biomarkers Market, By Therapeutic Applications (Psychiatric Disorders, Parkinson’s Disease, Cognitive Impairment, Brain Trauma Injury, Respiratory Disorders, Cardiovascular Disorders and Others), By End user (Hospitals, Health Insurers, Academic Institutes, and Government Organizations) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2034

Key Market Insights from the report:

Vocal Biomarkers Market size was valued at about USD 2.6 Billion in 2024 and expected to grow at CAGR of 15.10% to extend a value of USD 9.4 Billion by 2034.Vocal Biomarkers market is segmented into therapeutic application, end-user and region.

  • Based on Therapeutic Application, the Global Vocal Biomarkers Market is segmented into Psychiatric Disorders, Parkinson’s disease, Cognitive Impairment, Brain Trauma Injury, Respiratory Disorders, Cardiovascular Disorders and Others.
  • Based on End-user, the Global Vocal Biomarkers Market is segmented into Hospitals, Health Insurers, Academic Institutes, and Government Organizations.
  • By Region, the Global Vocal Biomarkers Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Global Vocal Biomarkers Market:

The key players in the global Vocal Biomarkers market includes Beyond Verbal, Inc., Sonde Health, IBM, Cogito Corporation and Sharecare, Inc.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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