Health Intelligent Virtual Assistant Market (By Technology: Speech recognition, Text-to-speech, Voice recognition; By End User: Payers, Providers, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction

Health intelligent virtual assistant is a unit residing in software that interfaces with users in a human way. The primary purpose of health intelligent virtual assistant is to answer addresses that clients may have. Health intelligent virtual assistant eliminates the searching website for queries and waiting period for a customer in queue. With the help of this health intelligent virtual assistant, consumers can discover the doctor’s office, receive payment reminders and fill and refill a prescription. The report provides analysis of global Health Intelligent Virtual Assistant market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. The global Health Intelligent Virtual Assistant market is anticipated to grow at substantial CAGR above 34% throughout the forecast period.

Market Dynamics

Increasing penetration of the mobile healthcare technology, advanced features offered by health intelligent virtual assistant, growing adoption of smartphones are some of the fundamental factors that are driving the global health intelligent virtual assistant market growth globally. Growing implementation of advanced technologies in the healthcare sector in order to simplify the critical problems related to the health is likely to supplement the growth of the health intelligent virtual assistant market over the forecast period. The growing penetration of mobile healthcare technology and increasing inclination towards the internet of things (IoT) in the medical field are some of the factors boosting the growth of the market. Internet of things can be useful for medical device integration and remote monitoring in order to enhance physicians’ delivery care. Implementation of IoT in medical services is helping to expand contact of healthcare services and human resources. Also in order to increase the overall efficiency and productivity of the medical space is stimulating the growth of the market globally. Growing prominence on patient engagement activities and growing adoption of AI in healthcare applications are expected to boost the overall market growth during the forecast period. A number of healthcare organizations are implementing patient engagement solutions and focusing on their user experience strategy in to enhance patient satisfaction and amplify revenue. Furthermore, various healthcare organizations are mainly focusing on the development of patient service functions including medicine reminders and other modified services, thereby fueling the demand for health intelligent virtual assistant. Rapid technological advancements in the healthcare apps and growing need for superior disease management are helping the growth of the global market. Additionally, various modern innovative technologies such as Automatic Speech Recognition (ASR) and automation are some of the major factors helping the growth of the global market.

Market Segmentation

Health Intelligent Virtual Assistant Market, By Technology

• Speech recognition
• Text-to-speech
• Voice recognition

Health Intelligent Virtual Assistant Market, By End User

• Payers
• Providers
• Others

Market by Geography

• North America
• U.S.
• Canada
• Mexico

• Europe
• UK
• Germany
• France
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
• Latin America
• Brazil
• Chile
• Rest of Latin America

• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA

The market research study on “Health Intelligent Virtual Assistant Market (By Technology: Speech recognition, Text-to-speech, Voice recognition; By End User: Payers, Providers, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed insights on global intelligent virtual assistant market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global intelligent virtual assistant market by technology, end user and major geographic regions. The report also covers basic technology development policies.

Market Participants

The global health intelligent virtual assistant market is characterized by the presence of experienced and established players. Some of the key players include eGain Corporation, idAvatars, True Image Interactive, Inc., MedRespond, CSS Corporation, Kognito, Microsoft Corporation, Welltok, Inc. And Verint systems. Various prominent players from the market are entering into strategic acquisitions in order to develop transformative digital solutions and offer advanced health intelligent virtual assistant services to their clients.