What is Healthcare Virtual Assistants Market Scope?
Healthcare virtual assistants, owing to their ability to pay attention to consumers’ inquiries and respond consequently, are rendering daily tasks with a lot of conveniences, for example, virtual assistants facilitate users with assistance to get a product or services and reduce wait times over a call for client service. Moreover, the capabilities of a virtual assistant are tailored to many industries, thereby improving customer experience in this specific trade. Factors like the growing range of smartphone users and also the increasing use of health care applications, the growing demand for quality health care delivery, and also the rising prevalence of chronic disorders are driving the expansion of the health care virtual assistant market. The increasing target in developing conversational virtual assistant tools and multi-language support in health care virtual assistant also are expected to produce growth opportunities for players within the market.
Influencing Trend:
Increasing Lifestyle Related Disorders Along with Rising Awareness
Market Growth Drivers:
Rising Smartphone Users Worldwide Coupled with Increasing Use of Health Applications, Growing Popularity of Internet of Things (IoT) and Rising Need to Improve Quality of Healthcare Delivery and Lower the Treatment Cost
Challenges:
Lack of Infrastructure in Developing Economies
Restraints:
High Cost of Installation
Opportunities:
Advancement in The Products and Services
The Healthcare Virtual Assistants market study is being classified by Type (Chatbots and Smart Speakers), by Application and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Healthcare Virtual Assistants market throughout the predicted period.
Nuance Communications Inc. (United States), Microsoft (United States), Amazon (United States), Infermedica (Poland), Sensly (United States), eGain Corporation (United States), Kognito Solutions LLC (United States) and Verint Systems Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are HealthTap Inc. (United States) and Babylon Healthcare Services Ltd (United Kingdom).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Healthcare Virtual Assistants market by Type, Application and Region.
On the basis of geography, the market of Healthcare Virtual Assistants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In July 2022, Amazon plans to buy the primary care organization One Medical in a nearly USD 4 billion deal, adding to the growing list of the tech giant's acquisitions and attempts to expand its reach in the health care industry.
In 2018, Nuance launched Dragon Medical One, a universal cloud-based speech recognition platform in Canada to enable physicians to quickly and conveniently capture a patient’s complete story at the point of care., In 2018, Verint Systems and UCB, a biopharmaceutical company, introduced April, UCB’s PD Coach app that is equipped with a patented & conversational virtual health assistant. and In 2018, eGain integrated eGain Solve with Amazon Connect, which enables a connected and convenient customer experience across all touchpoints to assist health-related issues.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Healthcare Virtual Assistants, Venture Capitalists and Private Equity Firms and End-Use Industry
Healthcare Virtual Assistants Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Healthcare Virtual Assistants Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Healthcare Virtual Assistants industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.