VOCAL BIOMARKERS MARKET Global Market Analysis, Insights, Trends, and Opportunity Inference, 2028 REPORT DESCRIPTION Vocal Biomarkers – Listening in to Your Body Sound vibrations are used as part of therapeutic healing for various mental health conditions such as depression and anxiety. Recent research studies, however, have greatly broadened its application into diagnosis of diseases. Biomarkers in the voice of a person have been linked to disorders such as depression, coronary artery disease, and anxiety. On successful completion of clinical trials, HIPAA compliant vocal biomarker system would serve as much more effective alternative to current diagnostic techniques such as MRI, X-Ray, and CT scan. Research is also underway for identifying vocal biomarkers in diagnosis of Parkinson’s disease, traumatic brain injury, cognitive impairment, and respiratory disorders, which would open up a highly lucrative avenue for growth for players in this industry. Companies dealing with voice technology are sampling data to provide accurate results. For instance, Beyond Verbal, Inc. has been researching on vocal biomarkers since 1996, and has collected over 2.5 million voice samples in over 40 different languages. Browse Global Strategic Business Report : https://www.coherentmarketinsights.com/market-insight/vocal-bio-markers-market-101 Growing Psychological and Cardiovascular Disease Prevalence: A Highly Conducive Growth Environment Around 350 million people across the globe suffered from depression (WHO, 2016) and approximately 10 million people suffered from Parkinson’s disease globally (Parkinson’s disease Foundation, 2016). Over 235 million people suffered from asthma globally (2016), according to the European Respiratory Society. Diagnosis of these diseases is expensive and thus, is out of reach for most people in emerging economies. This results in high mortality rates in these regions. Vocal biomarker technology systems would act as an ideal costeffective primary diagnostic tool that could help discern if the patient needs to further opt for expensive X-Ray/MRI/CT/EEG/ECG scans. Thus, millions of suffering from these chronic ailments explicates large potential for vocal biomarkers technology in the commercial space in the long run. Moreover, alterative conventionally used diagnostic systems need to adhere to stringent regulations pertaining to radiation. On the other hand, voice-based systems are based on technology that does not subject the user to any form of radiation and thus, is expected to gain significant traction in the near future. REPORT DESCRIPTION Market Dynamics Still in the clinical stage, the global vocal biomarkers technology would transform the way we mental and physical health is diagnosed and would transform the healthcare industry. This voice-based technology would allow for early diagnosis of diseases and accordingly help in taking preventive measures. This can significantly benefit military, hospitals and health clinics, and also individuals to monitor health and take appropriate medical action. Request For Customization@ https://www.coherentmarketinsights.com/insight/request-customization/101 Global Vocal Biomarkers Market: Key takeaways of the market • The global vocal biomarkers market is classified on the basis of applications and end users. It provides analysis and future market potential across major geographies. • Revenue contribution of depression and anxiety therapeutic application segment is expected to remain high throughout the forecast period. This is mainly attributed to high efficacy of the technology in identifying temper, happiness, sadness, depression, and anxiety, among other emotions of the subject. • Mayo Clinic has introduced application of vocal biomarkers for coronary artery disease (CAD). This is analyzed to propel the use of vocal biomarker technology for diagnosis of CAD in the near future. • Commercially, various military bodies are using this technology to detect/diagnose presence of any brain injury or depression among the team members REPORT DESCRIPTION Global Vocal Biomarkers Market: Segment Vocal biomarkers are expected to find increase in adoption among physicians; therefore hospitals end-use segment is projected to expand at a CAGR of 101.2% during the forecast period. The growth would be primarily attributed to its application for diagnosing Parkinson’s disease, cognitive impairment, and respiratory disorders in the near future. Get Free PDF Research Brochure for more Professional and Technical Insights: https://www.coherentmarketinsights.com/insight/request-sample/101 Global Vocal Biomarkers Market : Parameters It profiles leading players in the global vocal biomarkers market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans Global Vocal Biomarkers Market: Key Players Majority of users of this technology are currently based in developed economies such as the U.S., Canada, Japan, Germany, and the U.K. Adoption of Planet Healer’s voice-based diagnosis technology platform is projected to witness positive traction for diagnosis of mental health condition in Asia Pacific region during the forecast period. 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Global Vocal Bio-markers Market report categorizes the global market, by Therapeutic Applications(Psychiatric Disorders, Respiratory Disorders, Cardiovascular Disorders), End User(Hospitals, Health Insurers, Academic Institutes, Government Organizations), and Geography - Trends, Analysis and Forecast till 2028
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