Vocal Biomarkers Market Overview, Opportunities, Profile and Global Industry Analysis To 2027
Vocal Biomarkers Market Highlights
The Vocal Biomarkers Market is
chiefly driven by rise in cases of psychological, neurological and other
diseases affecting speech such as depression, Attention Deficit and Disruptive
Behavior Disorders, Parkinson's disease (PD), Alzheimer's disease, Huntington's
disease, Respiratory and Cardiovascular Disorders, traumatic brain injury (TBI)
etc. According to WHO estimates, around 350 million individuals were suffering
from depression in 2016 while the Parkinson’s disease Foundation, estimated
about 10 million individuals Parkinson’s patients globally in 2016. Thus
growing global disease prevalence will drive vocal biomarkers market size in
the coming years. Another potential area of application is the use of voice
biomarkers to detect disorders in employees and soldiers. For example, the U.S.
Army entered into collaboration with MIT researchers to develop voice
biomarkers technology for traumatic brain injury. American Heart Association in
collaboration with Beyond Verbal and Mayo Clinic has developed artificial
intelligence (AI) algorithms by using machine-learning to perceive voice patterns
imperceptible to human ear for initial identification of coronary heart
disease.
The
increasing penetration of mobile technology and information technology is
driving the market. The development of wearable’s coupled with the rising
quality and bandwidth availability is another boon for the market for vocal
biomarkers. Product development is an important strategy and the increasing
collaboration between technology companies and research institutes will yield
multiple benefits to both partners. For example, Sonde Health Inc., has
developed a voice-based technology platform for monitoring and diagnosing
diseases and conditions, has collaborated and licensed the technology from the
Massachusetts Institute of Technology (MIT). Another company Beyond Verbal has
developed vocal biomarket application for detecting emotions. The emotional
analysis uses voice biomarkers to detect the moods such as arousal, temper etc.
Beyond Verbal has also pursued the partnership strategy with Mayo Clinic, Tel
Aviv University and others for the development of vocal biomarkers.
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Global Vocal biomarkers Market Players:
Key
players profiled in the report are Beyond Verbal, Sonde Health, Audio
Profiling, IBM Corporation, Cogito Corporation and others.
Taste
the market data and market information presented through more than 50 market
data tables and figures spread over 80 pages of the project report. Avail the
in-depth table of
content
(TOC) & market synopsis on “Global Vocal biomarkers Market” Research Report
– Forecast to 2023.
Segmentation:
The global vocal biomarkers
market is segmented on the basis of type, indications and end users. Based on
type the market has been segmented as frequency, amplitude, error rate, vocal
rise or fall time, phonation time, voice tremor, pitch and others. Based on the
indications, the market has been segmented as psychiatric disorders (depression,
attention deficit and disruptive behavior disorders, others), neurological
disorders (Parkinson’s disease (PD), Alzheimer's disease, Huntington's disease,
others), respiratory disorders, cardiovascular disorders, traumatic brain
injury (TBI), others) and others. Based on end users, the market has been
segmented as hospitals and clinics, academic and research and others.
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