Press Release

Vocal Biomarker Market to Grow with a CAGR of 9.32% through 2028

Rising prevalence of chronic diseases is expected to drive the Global Vocal Biomarker Market growth in the forecast period, 2024-2028.

According to TechSci Research report, “Vocal Biomarker Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Vocal Biomarker Market stood at USD 2.01 billion in 2022 and is anticipated to grow with a CAGR of 9.32% in the forecast period, 2024-2028. diseases worldwide. Conditions such as diabetes, cardiovascular diseases, respiratory disorders, and mental health issues are on the rise. Vocal biomarkers offer a non-invasive and cost-effective means of monitoring and diagnosing these conditions. By analyzing changes in a person's voice over time, healthcare professionals can detect early warning signs and provide timely interventions. This is particularly important in conditions like diabetes, where vocal biomarkers can aid in glucose level monitoring and management.

The development of advanced AI and ML algorithms has significantly contributed to the growth of the vocal biomarker market. These technologies have made it possible to analyze voice data with remarkable precision and accuracy. AI-driven voice analysis can identify subtle changes in pitch, tone, and other vocal characteristics that may indicate the presence of a medical condition. The continuous improvement in AI and ML capabilities is making vocal biomarkers increasingly reliable and practical for clinical use.

Mental health issues are a growing concern globally, and vocal biomarkers have emerged as a promising tool for early detection and monitoring. Changes in speech patterns and voice characteristics can be indicative of conditions such as depression, anxiety, and cognitive decline. By analyzing these vocal biomarkers, healthcare providers can offer timely interventions and personalized treatment plans. The growing awareness of mental health and the importance of early intervention are major drivers of the vocal biomarker market.

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The Global Vocal Biomarker Market is segmented into Technique, Indication, End-User, Regional Distribution, And Company.

Based on the Technique, Frequency emerged as the dominant segment in the global market for Global Vocal Biomarker in 2022. Frequency can be measured non-invasively and with relative ease. Patients can record their voices using a microphone or specialized devices, and this data can be analyzed to extract relevant frequency parameters. This non-invasive approach aligns with the principles of patient convenience and comfort, making it an attractive choice for healthcare providers. There is a substantial body of research and validation studies supporting the use of frequency-related vocal biomarkers in clinical settings. These studies have demonstrated the efficacy and accuracy of frequency analysis in the diagnosis and monitoring of various medical conditions, which instils confidence in the technique. Frequency analysis can be effectively integrated with advanced artificial intelligence (AI) and machine learning (ML) algorithms to improve the accuracy and sensitivity of diagnostic models. This integration enhances the potential of vocal biomarkers in detecting subtle changes in frequency patterns indicative of medical conditions.

Based on the Indication, Neurological Disorders emerged as the dominant segment in the global market for Global Vocal Biomarker Market in 2022. Neurological disorders have become increasingly prevalent in recent years, mainly due to the aging global population. The rise in these conditions has led to a greater demand for early diagnosis and monitoring, and vocal biomarkers are well-suited to address this demand.  Vocal biomarkers enable the early detection and continuous monitoring of neurological disorders by analyzing voice data for changes indicative of these conditions. Detecting these conditions at an early stage is crucial for timely interventions and improved patient outcomes. The non-invasive nature of vocal biomarkers is particularly advantageous in the context of neurological disorders, as it reduces patient discomfort and avoids invasive diagnostic procedures. Patients can provide voice samples easily and conveniently.

Based on the End -User, Hospitals & Clinics emerged as the dominant segment in the global market for Global Vocal Biomarker Market in 2022. Hospitals and clinics serve as comprehensive healthcare facilities, offering a wide range of diagnostic and treatment services for various medical conditions. They are well-equipped with advanced diagnostic tools and equipment, making them ideal settings for the implementation of vocal biomarker solutions. Hospitals and clinics cater to a diverse patient population with various medical conditions. This diversity provides ample opportunities for the application of vocal biomarkers in the diagnosis and monitoring of different diseases, from neurological disorders to respiratory conditions. Hospitals and clinics typically house multidisciplinary healthcare teams consisting of physicians, specialists, nurses, and other healthcare professionals. The collaborative nature of these institutions allows for the integration of vocal biomarker solutions into different medical specialties and departments.

North America emerged as the dominant player in the   Global Vocal Biomarker Market in 2022, holding the largest market share. The region is home to numerous research institutions and universities that actively engage in the development and validation of vocal biomarkers. Ongoing research efforts and clinical studies in North America have contributed to the expansion of the vocal biomarker market. North America has a strong technological ecosystem with significant investments in artificial intelligence (AI) and machine learning (ML) technologies. The integration of AI and ML with vocal biomarkers has enhanced their accuracy and utility, which further boosts the market's growth.

Major companies operating in Global Vocal Biomarker Market are:

  • IBM Corporation
  • Boston Technology Corporation
  • EVOCAL Health
  • Audio Profiling
  • Cogito Corporation
  • Kintsugi
  • Sharecare Inc.
  • Microtest Health
  • Sonde Health
  • AudEERING 

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“The global Vocal Biomarker market is anticipated to experience significant growth in the coming years. Key drivers include the rising prevalence of chronic diseases, advancements in artificial intelligence and machine learning, the expansion of telemedicine and remote patient monitoring, and the growing acceptance of vocal biomarkers for mental health and neurological disorder diagnosis. Additionally, the development of standardized protocols and regulatory frameworks, as well as increasing awareness and research initiatives, will further propel the market forward.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Vocal Biomarker Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Technique (Frequency, Amplitude, Error Rate, Vocal Rise or Fall Time, Phonation Time, Vocal Tremor, Pitch, Others), By Indication (Psychiatric Disorders, Respiratory Disorders, Cardiovascular Disorders, Traumatic Brain Injury (TBI), Neurological disorders, Other), By End-User (Hospitals & Clinics, Ambulatory care Centres, Others) Region and Competition”, has evaluated the future growth potential of Global Vocal Biomarker Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Vocal Biomarker Market.

 

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