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Global Vocal Biomarker Market 2020: Size, Share, Demand, Trends, Growth and 2026 Forecasts

iCrowdNewswire   Jan 8, 2021  5:00 PM ET

Global Vocal Biomarker Industry

Biomarkers in the voice of a person have been linked to disorders such as depression, coronary artery disease, and anxiety. Vocal biomarkers utilize voice-input to provide diagnosis and insight about the health conditions of a person. Various aspects of a person’s voice can help analyze the mental and physical well-being of the person. This tool can change diagnostic-procedures in terms of speed, accuracy, and cost-effectiveness. Moreover, the voice-based diagnosis is safe and radiationless.

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The key factors contributing to the growth of the global vocal biomarker market include the increasing prevalence of neurological and psychological disorders, rising adoption of a minimally invasive procedure for diagnosis and rising interest of researchers for new technology. However, high-cost investments and low-cost benefit ratio and technical issues such as accuracy and the complex process may serve as restraints for the market. The inclination of start-ups towards vocal technology creates an opportunity for the growth of the market.

The global vocal biomarker market is segmented on the basis of application and end user. The application segment is bifurcated into psychological disorders, neurological disorders, respiratory disorders, cardiovascular disease. The end user segment is sub-segmented as hospitals, diagnostic center, and academics research institute.

The global vocal biomarker market is further analyzed on the basis of the geographical regions that are contributing significantly towards the growth of the market. North America holds a dominant position in the global vocal biomarker market, followed by Europe. This is mainly due to the increasing prevalence of cardiovascular and psychological disorders and the rising interest of researchers for new technology significantly contributing towards the market growth in the region. The Asia-Pacific is projected to exhibit the significant growth in the global vocal biomarker market over the forecast period.

Some of the key players operating in the global vocal biomarker market are Beyond verbal Communication Limited, Boston technology, IBM Corporation, Sonde Health Inc., and others. In order to sustain in the competitive market, these players adopt various strategies such as acquisitions, mergers, expansions, joint ventures and product development for the growth of the market.

Research Methodology

The market study of vocal biomarker 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 in 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 macroeconomic 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 the authenticity of our reports.

Secondary Sources Include:

Financial reports of companies involved in the market
Authentic Public Databases such as WHO, American Cancer Society, and others
Whitepapers, research-papers, and news blogs
Company websites and their product catalog

The report is intended vocal biomarker manufacturer, pharmaceutical company and research institute for overall market analysis, and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

Global vocal biomarker market is segmented on the basis of regional outlook and following segments:

Global vocal biomarker Market Research and Analysis, By Application
Global vocal biomarker Market Research and Analysis, By End-User
Global vocal biomarker Market Research and Analysis, By Region
The Report Covers:

Comprehensive research methodology of global vocal biomarker
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 biomarker market.
Insights about market determinants which are stimulating the global vocal biomarker market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Companies Mentioned
1. Beyond Verbal Communication, Ltd
2. Boston Technology
3. Cogito Corporation
4. conversationHEALTH
5. IBM Corporation
6. Meditech Electronic GmbH
7. Microtest Health
8. Orbita, Inc.
9. Puretech Health
10. Sonde Health, Inc.
11. WinterLight Labs Inc

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