Virtual Assistance in Healthcare Market By Product (Smart Speakers, Chatbots), By User Interface (Automatic Speech Recognition, Text-based, Text-to-speech), By End User (Healthcare Providers, Patients, Healthcare Payers): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global virtual assistance in healthcare market was valued at $495.4 million in 2021, and is projected to reach $2,112.1 million by 2031, registering a CAGR of 15.6% from 2022 to 2031.
Virtual assistant is a self-supporting tool, which provides services to clients from remote location. Virtual assistant in healthcare provides services to patient and healthcare professional. Furthermore, the virtual assistant helps customers to solve their problems through video conferencing with the healthcare representative or physician. For instance, the COVID-19 has proven to fuel the market growth of virtual assistance in healthcare. Moreover, the social distancing norms during the lock-down period is a crucial factor for the growth of global virtual assistance in the healthcare market.
In addition, factors such as innovations in artificial intelligence and increasing number of digital devices users contribute towards the global virtual assistance in healthcare market growth. Furthermore, the virtual assistants provide consistent connectivity to medical physicians and patients. Escalated use of healthcare apps is globally boosting the virtual assistance in healthcare market growth. However, increasing data breach incidences in the healthcare industry is expected to restrain the growth of the virtual assistance in healthcare market.
The virtual assistance in healthcare market is segmented on the basis of product, user interface, end user, and region. The product segment is further classified into smart speakers and chatbots. User interface is further fragmented into automatic speech recognition, text-based, and text-to-speech. By end user, the market is segmented into healthcare providers, patients, and healthcare payers. The healthcare provider segment is further classified into hospitals, ambulatory care centers, and others.
Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Major key players that operate in the global virtual assistance in healthcare market are ADA Digital Health, Amazon, Babylon Holdings, CSS Corporation, Egain Corporation, Healthtap, Intelligent Digital Avatars, Inc., Infermedica, Kognito Solutions, LLC, MedRespond LLC, Microsoft Corporation, Neolytics LLC, Nuance Communications, Inc., Orbita, Sensely, Verint Systems, Inc., and Virgin Plus.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the virtual assistance in healthcare market analysis from 2021 to 2031 to identify the prevailing virtual assistance in healthcare market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the virtual assistance in healthcare market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global virtual assistance in healthcare market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product
Smart Speakers
Chatbots
By User Interface
Automatic Speech Recognition
Text-based
Text-to-speech
By End User
Healthcare Providers
Type
Hospitals
Ambulatory Care Centers
Others
Patients
Healthcare Payers
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Nuance Communications, Inc.
Amazon
Verint Systems Inc.
Infermedica
Sensely, Inc.
Microsoft Corporation
Egain Corporation
Kognito Solutions, LLC
Healthtap, Inc.
Babylon Healthcare Services Limited
ADA Digital Health
CSS Corporation
Medrespond Llc
Welltok, Inc.
idAvatars
Neolytix
Orbita
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