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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

November 2023 | 445 pages | ID: H64BC2887E59EN
Fatpos Global

US$ 4,950.00

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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:
  • Product
  • Chatbots
  • Smart Speakers
  • Technology
  • Automatic Speech Recognition
  • Text-based
  • Text-to-Speech
  • Others
  • End User
  • Healthcare Providers
  • Patients
  • Healthcare Payers
  • Others
MARKET DYNAMICS

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)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • 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
Reasons t%li%Purchase this Report
  • 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



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