Healthcare Virtual Assistant Market Size, Share, and Analysis, By Product (Chatbots, Smart Speakers), By Technology (Automatic Speech Recognition, Text-based, Text-to-Speech, Others), By End User (Healthcare Providers, Patients, Healthcare Payers, Others), and Regional Forecasts, 2022-2032
Healthcare Virtual Assistant Market Size, Share, and Analysis, By Product (Chatbots, Smart Speakers), By Technology (Automatic Speech Recognition, Text-based, Text-to-Speech, Others), By End User (Healthcare Providers, Patients, Healthcare Payers, Others), and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Healthcare Virtual Assistant Market size was USD 0.66 billion in 2021 and is projected t%li%grow from USD 1.2 billion in 2023 t%li%USD 20.6 billion by 2032, exhibiting a CAGR of 36.8% during the forecast period.
Healthcare virtual assistants are medical experts wh%li%offer remote clinical and administrative support t%li%medical providers. Virtual Assistants are smart in a wide range of jobs, including managing medical billing, scheduling appointments, and more. Healthcare VAs are essential in the world of telemedicine. They assist practices in maintaining the efficiency of their new digital operations. Moreover, they can assist numerous practices simultaneously due t%li%remote operations.
MARKET HIGHLIGHTS
Healthcare Virtual Assistant market is expected t%li%reach USD 20.6 billion, growing at a CAGR of 36.8% during the forecast period owing t%li%the growing adoption of Internet of Things, shortage of healthcare experts, growing use of smartphone devices and internet connectivity, and rising attention t%li%patient engagement. In addition, the expanding burden of lifestyle illnesses, and the need t%li%lower healthcare expenses are driving the market for Healthcare Virtual Assistants Market.
Healthcare Virtual Assistant Market Segments:
Growth Drivers
Growing AI Adoption in Healthcare and Improvements in Patient Services are Expected t%li%Boost the Market Growth
Increasing Patient Preference for Advanced Products is Expected t%li%Boost the Market Growth
Restraint
Data Privacy Concerns and Costly Virtual Assistants t%li%Restrain the Market Growth
Key Players
PRODUCT OVERVIEW
Healthcare Virtual Assistant Market size was USD 0.66 billion in 2021 and is projected t%li%grow from USD 1.2 billion in 2023 t%li%USD 20.6 billion by 2032, exhibiting a CAGR of 36.8% during the forecast period.
Healthcare virtual assistants are medical experts wh%li%offer remote clinical and administrative support t%li%medical providers. Virtual Assistants are smart in a wide range of jobs, including managing medical billing, scheduling appointments, and more. Healthcare VAs are essential in the world of telemedicine. They assist practices in maintaining the efficiency of their new digital operations. Moreover, they can assist numerous practices simultaneously due t%li%remote operations.
MARKET HIGHLIGHTS
Healthcare Virtual Assistant market is expected t%li%reach USD 20.6 billion, growing at a CAGR of 36.8% during the forecast period owing t%li%the growing adoption of Internet of Things, shortage of healthcare experts, growing use of smartphone devices and internet connectivity, and rising attention t%li%patient engagement. In addition, the expanding burden of lifestyle illnesses, and the need t%li%lower healthcare expenses are driving the market for Healthcare Virtual Assistants Market.
Healthcare Virtual Assistant Market Segments:
- Product
- Chatbots
- Smart Speakers
- Technology
- Automatic Speech Recognition
- Text-based
- Text-to-Speech
- Others
- End User
- Healthcare Providers
- Patients
- Healthcare Payers
- Others
Growth Drivers
Growing AI Adoption in Healthcare and Improvements in Patient Services are Expected t%li%Boost the Market Growth
Increasing Patient Preference for Advanced Products is Expected t%li%Boost the Market Growth
Restraint
Data Privacy Concerns and Costly Virtual Assistants t%li%Restrain the Market Growth
Key Players
- Microsoft Corporation
- CSS Corporation
- Nuance Communications Inc.
- Verint Systems Inc.
- Babylon Healthcare Services Limited
- Welltok Inc.
- eGain Corporation
- Infermedica
- Kognito
- Orbita
- Healthtap Inc.
- True Image Interactive Inc.
- Sensely Inc.
- CodeBaby Corporation
- MedRespond LLC
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3. Healthcare Virtual Assistant Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Healthcare Virtual Assistant Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. HEALTHCARE VIRTUAL ASSISTANT MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. HEALTHCARE VIRTUAL ASSISTANT MARKET
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Product
10.3.1.1.Chatbots
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Smart Speakers
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.By Technology
10.3.2.1. Automatic Speech Recognition
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.Text-based
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3.Text-to-Speech
10.3.2.3.1.By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.4.Others
10.3.2.4.1. By Value (USD Million) 2022-2032F
10.3.2.4.2.Market Share (%) 2022-2032F
10.3.2.4.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.By End User
10.3.3.1. Healthcare Providers
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2.Market Share (%) 2022-2032F
10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.2.Patients
10.3.3.2.1.By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.3.Healthcare Payers
10.3.3.3.1.By Value (USD Million) 2022-2032F
10.3.3.3.2.Market Share (%) 2022-2032F
10.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.4.Others
10.3.3.4.1. By Value (USD Million) 2022-2032F
10.3.3.4.2.Market Share (%) 2022-2032F
10.3.3.4.3.Y-o-Y Growth (%) 2022-2032F
11.NORTH AMERICA HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Product
11.3.2. By Technology
11.3.3. By End User
11.4.Country
11.4.1. United States
11.4.2.Canada
12. EUROPE HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product
12.3.2.By Technology
12.3.3.By End User
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product
13.3.2.By Technology
13.3.3.By End User
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product
14.3.2.By Technology
14.3.3.By End User
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product
15.3.2.By Technology
15.3.3.By End User
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1.Microsoft Corporation
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. CSS Corporation
17.3. Nuance Communications Inc.
17.4. Verint Systems Inc.
17.5. Babylon Healthcare Services Limited
17.6. Welltok Inc.
17.7. eGain Corporation
17.8. Infermedica
17.9. Kognito
17.10. Orbita
17.11.Healthtap Inc.
17.12. True Image Interactive Inc.
17.13. Sensely Inc.
17.14. CodeBaby Corporation
17.15. MedRespond LLC
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3. Healthcare Virtual Assistant Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Healthcare Virtual Assistant Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. HEALTHCARE VIRTUAL ASSISTANT MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. HEALTHCARE VIRTUAL ASSISTANT MARKET
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Product
10.3.1.1.Chatbots
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Smart Speakers
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.By Technology
10.3.2.1. Automatic Speech Recognition
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.Text-based
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3.Text-to-Speech
10.3.2.3.1.By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.4.Others
10.3.2.4.1. By Value (USD Million) 2022-2032F
10.3.2.4.2.Market Share (%) 2022-2032F
10.3.2.4.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.By End User
10.3.3.1. Healthcare Providers
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2.Market Share (%) 2022-2032F
10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.2.Patients
10.3.3.2.1.By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.3.Healthcare Payers
10.3.3.3.1.By Value (USD Million) 2022-2032F
10.3.3.3.2.Market Share (%) 2022-2032F
10.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.4.Others
10.3.3.4.1. By Value (USD Million) 2022-2032F
10.3.3.4.2.Market Share (%) 2022-2032F
10.3.3.4.3.Y-o-Y Growth (%) 2022-2032F
11.NORTH AMERICA HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Product
11.3.2. By Technology
11.3.3. By End User
11.4.Country
11.4.1. United States
11.4.2.Canada
12. EUROPE HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product
12.3.2.By Technology
12.3.3.By End User
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product
13.3.2.By Technology
13.3.3.By End User
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product
14.3.2.By Technology
14.3.3.By End User
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA HEALTHCARE VIRTUAL ASSISTANT MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product
15.3.2.By Technology
15.3.3.By End User
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1.Microsoft Corporation
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. CSS Corporation
17.3. Nuance Communications Inc.
17.4. Verint Systems Inc.
17.5. Babylon Healthcare Services Limited
17.6. Welltok Inc.
17.7. eGain Corporation
17.8. Infermedica
17.9. Kognito
17.10. Orbita
17.11.Healthtap Inc.
17.12. True Image Interactive Inc.
17.13. Sensely Inc.
17.14. CodeBaby Corporation
17.15. MedRespond LLC
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
