Global Health Intelligent Virtual Assistant Market Size By Product (Chatbots, Smart Speakers) By Technology (Speech Recognition, Text –to-Speech, Voice Recognition) By End-User (Payers, Providers) - Global Industry Trends, Shares, Competitive Analysis and Segment Forecasts, 2018 to 2025

EXRAND047  |  Upcoming  |  Global  |  NA  |  Under Development

Health Intelligent Virtual Assistant is an affordable, effective and infinitely scalable way for specialty hospitals and pharmacies to not only survive but also thrive in the face of the industry’s ongoing service-level challenges. Through health intelligent virtual assistant, healthcare organizations can improve functions, such as medication reminders, improve the adherence rate of treatments, reduce costs, and enhance the doctor-patient engagement by leveraging virtual assistant solutions. This technology is rapidly being adopted by large hospitals, physician groups, and in the pharmaceutical industry to improve clinical trials and research and developments’ effectiveness. The major products offered are chatbots and smart speakers. The technology used in health intelligent virtual assistant is speech recognition, text to speech, voice recognition and others. The end-user which employ the technology of health intelligent virtual assistant include payers, providers and others.

Rising concern of lifestyle diseases linked with growing need to minimize healthcare costs boost the health intelligent virtual assistant industry growth. Artificial intelligence based virtual health assistants has the potential to improve outcomes by 30- 40% and cut down the cost of treatment by as much as 50%. The high accuracy and efficiency rate leads to fewer human errors and less frequent doctor visits as doctors have quick and easy access to patients’ records. Supportive government rules and increasing adoption of intelligent virtual assistant in healthcare industry results in market growth of health intelligent virtual assistant.  

Some of the leading players playing an important role in the health intelligent virtual assistants market are eGain Corporation; CodeBaby Corporation; Microsoft Corporation;  MedRespond LLC; Nuance Communications, Inc.; Google, Inc.; Next IT Corporation; and True Image Interactive, Inc. The major strategies adopted by these market players include partnerships, agreements, joint ventures, and acquisitions. Nuance Communications, Inc. launched an AI-powered Dragon Medical Virtual Assistant to streamline a variety of clinical workflows for about 500,000 clinicians  in september, 2017.

Based on product, the health intelligent virtual assistant market has been segmented as follows:

• Chatbots

• Smart Speakers

Based on technology, the health intelligent virtual assistant market has been segmented as follows: 

• Automatic Speech Recognition

• Text to Speech

• Text Based

Based on end-user, the health intelligent virtual assistant market has been segmented as follows: 

• Payers

• Providers 

• Other

Based on regions, the health intelligent virtual assistant market has been segmented as follows: 

• North America

o US

o Canada

• Europe

o Germany

o UK

o France

o Rest of Europe

• Asia Pacific

o Japan 

o China

o India

o Rest of Asia Pacific

• Middle East and Africa

o South Africa

o Rest of Middle East and Africa

• Latin America

o Brazil

o Rest of Latin America


1. Executive Summary

2. Global Health Intelligent Virtual Assistant Market Overview

2.1. Market Segmentation & Scope

2.2. Product Introduction

2.3. Market Trends

2.3.1. Introduction

2.3.2. Drivers

2.3.2.1. Growing Popularity Of Internet Of Things (Iot)

2.3.2.2. Need To Improve The Quality Of Healthcare Delivery And Cost Reduction

2.3.3. Restraint

2.3.3.1. Lack Of Awareness

2.3.4. Substitutes Threat

2.3.5. Technology Progress in Related Industry

2.3.6. Consumer Preference Analysis

3. Global Health Intelligent Virtual Assistant Market by Products

3.1. Health Intelligent Virtual Assistant Market Type Analysis

3.2. Global Health Intelligent Virtual Assistant Market Revenue (USD Million) by Products, 2015-2025

3.3. Global Health Intelligent Virtual Assistant Market (Revenue) by Products, 2015-2025

3.3.1. Chatbots Market Analysis

3.3.2. Smart Speakers  Market Analysis

3.4. List of Manufacturers, By  Health Intelligent Virtual Assistant Products

4. Global Health Intelligent Virtual Assistant Market by Technology

4.1. Health Intelligent Virtual Assistant Market Technology Analysis

4.2. Global Health Intelligent Virtual Assistant Market Revenue (USD Million) by Technology, 2015-2025

4.3. Global Health Intelligent Virtual Assistant Market (Revenue), by Technology, 2015-2025

4.3.1. Automatic Speech Recognition Market Analysis

4.3.2. Text to Speech Market Analysis

4.3.3. Text Based Market Analysis

4.4. List of Manufacturers, By Health Intelligent Virtual Assistant Technology

5. Global Health Intelligent Virtual Assistant Market by End-user

5.1. Health Intelligent Virtual Assistant Market End-user Analysis

5.2. Global Health Intelligent Virtual Assistant Market Revenue (USD Million) by End-user (2015-2025)

5.3. Global Health Intelligent Virtual Assistant Market (Revenue), By End-user, 2015-2025

5.3.1. Payers Segment Analysis

5.3.2. Providers Segment Analysis

5.3.3. Others Segment Analysis

5.4. List of Manufacturers, By End-user

6. Global Health Intelligent Virtual Assistant Market by Region

6.1. Health Intelligent Virtual Assistant Market Regional Analysis

6.2. Global Health Intelligent Virtual Assistant Market Revenue (USD Million) by Region, 2015-2025

6.3. Global Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

7. North America Health Intelligent Virtual Assistant Market

7.1. North America Health Intelligent Virtual Assistant Market Analysis

7.2. North America Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

7.3. North America Health Intelligent Virtual Assistant by Country (Revenue), 2015-2025

7.3.1. U.S. Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

7.3.2. Canada Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

7.4. Potential Buyers In North America

8. Europe Health Intelligent Virtual Assistant Market

8.1. Europe Health Intelligent Virtual Assistant Market Analysis

8.2. Europe Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

8.3. Europe Health Intelligent Virtual Assistant Market by Country (Revenue), 2015-2025

8.3.1. Germany Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

8.3.2. UK Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

8.3.3. France Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

8.3.4. Rest of Europe Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

8.4. Potential Buyers in Europe

9. Asia Pacific Health Intelligent Virtual Assistant Market

9.1. Asia Pacific Health Intelligent Virtual Assistant Market Analysis

9.2. Asia Pacific Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

9.3. Asia Pacific Health Intelligent Virtual Assistant Market, by Country (Revenue), 2015-2025

9.3.1. China Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

9.3.2. Japan Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

9.3.3. India Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

9.3.4. Rest of Asia Pacific Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

9.4. Potential Buyers in Asia Pacific

10. Latin America Health Intelligent Virtual Assistant Market

10.1. Latin America Health Intelligent Virtual Assistant Market Analysis

10.2. Latin America Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

10.3. Latin America Health Intelligent Virtual Assistant Market by Country, (Revenue), 2015-2025

10.3.1. Brazil Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

10.3.2. Rest of Latin America Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

10.4. Potential Buyers in Latin America

11. Middle East & Africa Health Intelligent Virtual Assistant Market

11.1. Middle East & Africa Health Intelligent Virtual Assistant Market Regional analysis

11.2. Middle East & Africa Health Intelligent Virtual Assistant Market (Revenue)

11.2.1. Middle East & Africa Health Intelligent Virtual Assistant Revenue by Country,  2015-2025

11.2.2. South Africa Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

11.2.3. Rest of Middle East & Africa Health Intelligent Virtual Assistant Market (Revenue), 2015-2025

11.3. Potential Buyers in Middle East & Africa

12. Company Profile

12.1. eGain Corporation

12.1.1. Company Overview 

12.1.2. Financial Overview

12.1.3. Product Benchmarking

12.1.4. Key Developments

12.2. CodeBaby Corporation

12.2.1. Company Overview 

12.2.2. Financial Overview

12.2.3. Product Benchmarking

12.2.4. Key Developments

12.3. Microsoft

12.3.1. Company Overview 

12.3.2. Financial Overview

12.3.3. Product Benchmarking

12.3.4. Key Developments

12.4. MedRespond LLC

12.4.1. Company Overview 

12.4.2. Financial Overview

12.4.3. Product Benchmarking

12.4.4. Key Developments

12.5. Nuance Communications, Inc.

12.5.1. Company Overview 

12.5.2. Financial Overview

12.5.3. Product Benchmarking

12.5.4. Key Developments

12.6. Next IT Corporation

12.6.1. Company Overview 

12.6.2. Financial Overview

12.6.3. Product Benchmarking

12.6.4. Key Developments

12.7. True Image Interactive, Inc.

12.7.1. Company Overview 

12.7.2. Financial Overview

12.7.3. Product Benchmarking

12.7.4. Key Developments

12.8. Google, Inc.

12.8.1. Company Overview 

12.8.2. Financial Overview

12.8.3. Product Benchmarking

12.8.4. Key Developments

13. Key Insights

14. Research Methodology