Vocal Biomarkers Market

Global Vocal Biomarkers Market, By Therapeutic
Applications, End User, and Geography - Trends, Analysis
and Forecast till 2028
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.
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While currently in its very nascent stage with an estimated value of US$ 6.4 million in 2017,
the global vocal biomarkers market is expected to expand at a CAGR of 65.7% during the
forecast period (2017 – 2028).
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 cost-effective 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 includes chapters which deeply display the following deliverable about industry :
• Global Vocal Biomarkers Market Research Objective and Assumption
• Global Vocal Biomarkers Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Global Vocal Biomarkers Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Global Vocal Biomarkers Market, By Regions
• Global Vocal Biomarkers Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Global Vocal Biomarkers Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Global Vocal Biomarkers Market Manufacturing Cost Analysis including Key Raw Materials and
Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Global Vocal Biomarkers Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
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.
Collaborative efforts across different ecosystem players are bringing positive traction in global
vocal biomarkers market. Sonde Health obtained technology license from the Massachusetts
Institute of Technology Lincoln Laboratory for the latter’s voice-based technology platform
intended for monitoring and diagnosis of various mental and physical conditions. Beyond
Verbal, Inc. collaborated with Mayo Clinic in 2016 to conduct studies and identify the vocal
biomarkers that could help in diagnosing mental and physical health.
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Market Taxonomy
This report segments the vocal biomarkers market on the basis of application and end users. On
the basis of application the vocal biomarkers market is segmented into psychological disorders,
respiratory disorders and cardiovascular disorders. End users of this technology as covered in
the report are hospitals, academic & research institutes, health insurers, and military. The
market potential for vocal biomarkers has been analyzed across major geographies, namely
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Major Players:
Key companies covered as a part of this study include Beyond Verbal, Inc., Cogito Corporation,
Sonde Health, Sharecare, Inc., and IBM Corporation
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Sound vibrations are used as part of therapeutic healing for various mental health conditions such as depression and anxiety.

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