Healthcare Virtual Assistants Market by Product (Smart Speakers, Chatbots), by User Interface (Automatic Speech Recognition, Text-based, Text-to-speech), by End-User (Healthcare Providers, Payers, Patients) – Global Analysis & Forecast, 2020 – 2027

    14-January-2021 | 249 Pages | | Report Code : RC-270

The Global Healthcare Virtual Assistants Market is expected to grow at a CAGR of 34.4% from 2020 to 2027.The rising prevalence of chronic disordersandgrowing demand for quality healthcare delivery and are the major factors surging the market growthfor virtual assistant in healthcare. Additionally, high growth in internet penetration which has led toincrease in the demand for smartphones is further supplementing the market growth. The rising integration of artificial intelligence (AI) in the healthcare industry and the increasing adoption of IoT is anticipated to fuel the market during the forecast period.

 

The global healthcare virtual assistants market is segmented by product, user interface, and end-user. Smart speakers and chatbots are the bifurcations of the product segment. The user interface segment is further divided into automatic speech recognition, text-based, text-to-speech, and others. By end-user, the market is bifurcated intohealthcare providers, healthcare payers, patients, and others. North America, Europe, Asia-Pacific, andLAMEA are the geographical breakdowns of the market at the global level.

 

By product, the chatbots segment dominated the market in 2020. However, the smart speakers segment would achieve the fastest growth rate during the forecast period, driven bythe increasing consumer preference for technologically advanced products.By user interface, the automatic speech recognition segment is anticipated to attain the fastest growth rate owing to its increasing use in smart speakers which has supplemented its demand in the market. North America dominated the geography segment accounting for the major market share globally.  Yet, the Asia-Pacific region is expected to witness the highest CAGR during the forecast period.The growth will be majorly driven by the high penetration of smartphones, the rising aging population, and the growing use of remote monitoring devices.

 

The leading market players include are Nuance Communications Inc., Microsoft, Amazon, Infermedica, Sensly, eGain Corporation, Kognito Solutions LLC, Verint Systems Inc., HealthTap Inc., and Babylon Healthcare Services Ltd., among others.

 

Healthcare Virtual Assistants Market Key Segments:

 

Product Segments

    Smart Speakers
    Chatbots

 

User InterfaceSegments

    Automatic Speech Recognition
    Text-based
    Text-to-speech
    Others

 

End-User Segments

    Healthcare Providers
    Patients
    Healthcare Payers
    Other End Users

 

Geographical Segments

•    North America

o    The U.S.
o    Canada
o    Mexico

•    Europe

o    UK
o    Germany
o    France
o    Italy
o    Spain
o    Rest of Europe

•    Asia-Pacific

o    India
o    China
o    Japan
o    Australia
o    South Korea
o    Rest of Asia-Pacific

•    LAMEA

o    Latin America
o    The Middle East
o    Africa

 

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