Allied Market Research
Loading...
Cart
0
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Allied Market Research

Health Intelligent Virtual Assistant Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

A10980
Pages: NA
Jun 2021 | 80 Views
 
Author(s) : Onkar Sumant
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Health Intelligent Virtual Assistant Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

Request Now !

Health intelligent virtual assistants are integrated mechanisms from Healthcare IT disciple such as machine learning and artificial intelligence that function in unison to offer strong decision support in clinical decisions and leverages voice recognition, big data Internet of Things (IoT) and natural language processing. These combination of advanced elements of Healthcare IT and various features are the reason the virtual assistants in healthcare have proven to aid physicians and engage with patients. Health intelligent virtual assistant interfaces with users and serve the primary objective that is to respond to the addresses that clients may possess. Client issue addressing by this AI backed software, saves the tedious web search for the patient on website for queries and thus eliminates the waiting period for a customer thereby, providing 24 hour assistance. Additionally, it also aids consumers owing to its capabilities to discover the doctor’s office, book appointments, receive bill payment reminders and fill and refill prescriptions.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Products, Technology, End users and Region

  Geographies covered

•             North America (U.S., Canada, Mexico)

•             Europe (France, Germany, UK, Italy, Spain, Rest of Europe)

•             Asia-Pacific (Japan, China, India, Australia, South Korea, Rest          of Asia-Pacific)

•             LAMEA (Brazil, South Arabia, South Africa, Rest of LAMEA)

  Companies covered

Microsoft Corporation, CSS Corporation, Nuance Communications, eGain Corporation, nextIT Corporation, Kognito, Verint systems, MedRespond, True Image Interactive Inc. and Welltok Inc.

 

COVID – 19 scenario analysis: 

  • The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
  • Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
  • Over 4 million people affected globally, with 300 thousand losing their lives due to SARS-CoV-2
  • Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers
  • Due to diversion of medical field towards treating COVID-19, the funding to R&D activities related to healthcare IT has been reduced and this segment have to face negligence subsequently causing negative impact on healthcare intelligent virtual assistant market

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Healthcare virtual assistant aids healthcare providers as well as clients with patient engagement, issue addressing and extensive support as well as provide virtual coaching to help patients acquaint with various critical conditions. Integration of AI along with various IT solutions in healthcare applications and growing concentration on patient support activities would augment the demand for virtual assistant in the market. Various organizations are implementing patient support solutions to improve satisfaction thereby paving ways for the organizations to increase revenue and would further help the market to grow.

Rising mobile healthcare technology penetration, innovative features provide by health intelligent virtual assistant, rise in adoption of smartphones and healthcare based apps are prime drivers for the growth of global health intelligent virtual assistant market. Growing utilization of advanced technologies in the medical industry aimed towards simplification of clinical problems associated with healthcare industry and inclination towards usage of internet of things in medical sector would amplify the growth of health intelligent virtual assistant market. Internet of things is useful for medical instruments integration and surveillance for improvising patient satisfaction. Integration of IoT in medical sector would help in expansion of healthcare services and human resources.

Demand to increase the overall productivity and efficiency of the medical space, rise in prominence of client support and patient engagement activities and growing integration of artificial intelligence n healthcare would further propel the growth of this market. Furthermore, efforts taken by various healthcare organizations on development of IT solutions focusing on various functions such as payment reminders, medicine reminders, smooth administration for healthcare facilities and other modified services aiding physicians and patients, would fuel the market growth for health intelligent virtual assistant. Recent advancements in the mobile based healthcare apps and growing requirement for better disease management solutions, and personalization in healthcare services are having a positive impact on this market. Moreover, advanced technical innovations such as Automatic Speech Recognition (ASR) and computer-assisted functioning are other features augmenting the demand in the global market. However, lack of advanced IT infrastructure and skilled technicians in the underdeveloped and developing regions would potentially hamper the growth of this market.

Increasing number of mobile based apps to surge the growth

High competition in the development of smartphone-based health apps resulting into growth in the number of health apps available in the market is one of the prime factors elucidating the growth of the market. For instance, myhealthapps blog data highlights, presence of 325,000 medical, health, and fitness apps in the market as of 2017. Health apps are gaining extensive popularity pertaining effective communication among patients residing in remote areas, extensive client support over various issues, self-health monitoring and novel suggestions during clinical decision making regarding owns health. Moreover, the usage of mobile devices is rising among physicians and clinicians. According to HIMSS Mobile Technology Survey, in 2015, the survey respondents using mobile devices for patient engagement was almost 90%. Further, the same survey revealed that 40% of physicians believed the number of visits to the physician’s offices can be reduced with the use of mHealth. Thus, growing ventures in mobile health development and rising importance of mobile devices and digital health for improving healthcare, diseases management and enhancing patient satisfaction would fuel the market growth.

For instance, virtual assistant enabled apps in healthcare also contributes in reduction of overall rate of patients affected due to chronic diseases such as Ebola, Swine Flu and others. The health intelligent virtual assistant integrated apps also aids in offering clinical information related to various disease like Tuberculosis, malaria, HIV and others.

North American region dominates the market

North America is expected to lead the health intelligent virtual assistant market throughout. The dominance is due to factors like rise in the usage of smart phones, rise in use of health mobile apps, and higher adoption of technology in the region is propelling the market in the United States. Recent advances in telecommunication technology, rising prevalence of chronic ailments and supportive government initiatives coupled high per-capita income will boost the industry growth. Drastic rise in healthcare expenditure, availability of a well-developed infrastructure and presence of major industry are the other factors fostering the market in the near future.

Key segments:

Segments

Sub-segments

  Products

  • Smart Speakers
  • Chatbots
  • Mobile-based Apps

  Technology

  • Automatic Speech Recognition
  • Text-to-Speech
  • Voice Recognition

  End users

  • Healthcare Providers
  • Payers

  Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

 

 Key benefits of the report:

  • This study presents the analytical depiction of the global health intelligent virtual assistant market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global health intelligent virtual assistant market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global health intelligent virtual assistant market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global health intelligent virtual assistant market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Health intelligent virtual assistant Market research report:

  • What are the leading market players active in the health intelligent virtual assistant market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Health Intelligent Virtual Assistant Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers