San Francisco, 11
April , Health Intelligent Virtual Assistant Market Size, Share & Trends
Analysis Report By Technology (ASR, Text to Speech), By Product (Chatbots,
Smart Speakers), By End User, And Segment Forecasts, 2018 – 2025.
The global health intelligent virtual assistants market size is projected to reach USD 2.95 billion by
2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR
of 39.1% during the forecast period. With evolution of IoT and increasing focus
on patient engagement, the market is anticipated to tread along a healthy
growth track. Increasing adoption of IoT and rising integration of AI in the
healthcare industry is expected to boost the growth of the market during the
forecast period.
Intelligent virtual assistants,
owing to their ability to listen to consumers’ inquiries and respond
accordingly, are rendering daily tasks more convenient. For instance, virtual
assistants help users with assistance to purchase a product or services and
reduce wait times over a call for customer service. Moreover, capabilities of a
virtual assistant can be tailored to several industries, thereby improving
customer experience in that particular industry.
For instance, in the healthcare
and insurance sector, an IVA can potentially eliminate the waiting period for a
customer in queue or searching website for queries. With the help of virtual
assistants, customers can find out a doctor’s office, fill and refill a
prescription, and receive payment reminders. Moreover, customers can ask an IVA
for the process to enroll in a new or different insurance program or provide an
update on their coverage.
Technological development in
the past few years in the field of NLP, conversation interface, automation, AI,
and deep and machine learning processes are enabling health intelligent virtual
assistants to become more efficient and useful. Application of these
technologies is made available in the form of virtual assistants by leading
firms such as Amazon, Apple, and Google. Products offered by such companies
operate as intermediaries between customers, enterprise, and their services.
Access Full Research
Report On Health Intelligent Virtual Assistant Market Analysis:
https://www.grandviewresearch.com/industry-analysis/health-intelligent-virtual-assistant-market
https://www.grandviewresearch.com/industry-analysis/health-intelligent-virtual-assistant-market
Further key findings from the report suggest:
·
The automatic Speech
Recognition (ASR) technology segment experienced the fastest growth over the
forecast period
·
Chatbot emerged as the largest
segment in 2017. It is estimated to generate revenue of over USD 2.16 billion
by 2025
·
North America was the leading
revenue contributor in the global market in 2017. The healthcare industry in
the region is booming after the emergence of AI and IoT, which is working in
favor of the market
·
Key players including CodeBaby
Corporation; eGain Corporation; MedRespond; Microsoft; Next IT Corporation;
Nuance Communications, Inc.; and True Image Interactive Inc. accounted for a
sizeable share in the global market in 2017.
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the
global health intelligent virtual assistants market on the basis of product,
technology, end user, and region:
Health Intelligent Virtual
Assistants Products Outlook (Revenue, USD Million, 2015 - 2025)
·
Chatbots
·
Smart Speakers
Health Intelligent Virtual
Assistants Technology Outlook (Revenue, USD Million, 2015 - 2025)
·
Automatic Speech Recognition
·
Text to Speech
·
Text based
Health Intelligent Virtual
Assistants End-User Outlook (Revenue, USD Million, 2015 - 2025)
·
Payers
·
Providers
·
Others
Health Intelligent Virtual
Assistants Regional Outlook (Revenue, USD Million, 2015 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
U.K.
o
Germany
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-health-intelligent-virtual-assistants-market
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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